Sainath Kondawar
Pune
Summary
Experienced Business Analyst with proficient in transforming business process requirements into Functional Requirements, Functional Specifications, Business Process Mapping & Modeling for application development.10+ Years of experience in Capital Market, Fund Accounting, Investment Banking, Finance and Reconciliation domain. Good understanding of project life cycle and SDLC methodologies including Agile and Waterfall. Proficient in creating business requirement documents (BRD), functional requirements documents (FRD), Software Requirement Specifications (SRS). Well versed in broad range of technologies, including business process tools such as MS Excel, MS Access, MS PowerPoint, and MS SharePoint. Good knowledge of Requirements Gathering, Interviews. Capable in Creating defect tracking using JIRA. Experience of SQL and Advanced excel for data extraction and data analysis Experience of Data Linage, Data Mapping, Data Quality Exceptional level of motivation and diligence coupled with excellent time management.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Lead Business Analyst
Synechron, Client - HSBC
01.2023 - Current
- Engaged in gathering and analyzing business requirements from wealth management and private banking teams for the datahub.
- Aligned projects with business goals and ensured regulatory adherence.
- Data Modelling and Mapping: Designed and implemented data models and mappings to consolidate and centralize client, transaction, and investment data from multiple legacy systems into the datahub
- Data Analysis and Insights: Performed in-depth analysis of wealth and private banking datasets, identifying trends, anomalies, and actionable insights to support decision-making and enhance customer relationship management
- Dashboards and Reporting: Developed intuitive dashboards and reports using tools like Power BI to provide real-time insights on key metrics, including portfolio performance, client segmentation, and risk management
- Stakeholder Communication: Acted as a liaison between IT teams, business units, and external vendors, ensuring seamless communication and timely resolution of data-related issues
- Data Quality Management: Implemented data validation and cleansing processes to ensure the accuracy, consistency, and reliability of critical client and investment data
- Regulatory and Compliance Reporting: Supported compliance teams in generating automated reports for regulatory authorities, ensuring adherence to financial regulations and minimizing risks
- Process Optimization: Identified inefficiencies in data workflows and implemented process improvements to enhance the overall efficiency of the datahub system
- Change Management: Facilitated training sessions and created user documentation to help teams adapt to new tools and processes introduced by the datahub project
- Project Support and Monitoring: Assisted in project planning, timelines, and monitoring progress, ensuring deliverables met quality standards and were delivered on schedule.
Lead Business Analyst
Coforge, Client - Credit Suisse
02.2022 - 11.2022
- Business Requirement Analysis: Collaborated with stakeholders to gather and document detailed business requirements for intramonth balance sheet suspense clear processes, ensuring alignment with financial reporting standards
- Process Optimization: Analysed existing ledger and sub-ledger workflows to identify inefficiencies, proposing process improvements that reduced reconciliation times by20%
- Data Reconciliation: Designed and implemented mechanisms for identifying, tracking, and clearing suspense account balances, improving the accuracy of intramonth financial statements
- System Implementation Support: Partnered with IT teams to define functional specifications, test system enhancements, and validate new ledger clearing tools, ensuring seamless integration with the existing ERP system
- Stakeholder Communication: Acted as the primary liaison between finance, IT, and operations teams, translating technical jargon into actionable insights for non-technical stakeholders
- Regulatory Compliance: Ensured that suspense clearing processes adhered to regulatory requirements and internal audit standards, minimizing compliance risks
- Data Analysis and Reporting: Developed automated dashboards and reports to monitor intramonth suspense account activity, providing actionable insights to senior management
- Change Management: Led training sessions and created user guides to support the adoption of new processes and tools among finance and operations teams
- Issue Resolution: Proactively identified and resolved discrepancies in ledger and sub-ledger balances, preventing end-of-month bottlenecks
- Project Management Support: Assisted in defining project timelines, milestones, and deliverables, ensuring the successful delivery of the suspense clear project within budget and deadlines.
Team Lead
State Street Corporation
01.2021 - 11.2021
- Analysed and reconciled pension fund accounts, ensuring accurate alignment between financial records and fund statements
- Monitored discrepancies in fund allocations and prepared detailed reports to address and resolve variances
- Collaborated with stakeholders to gather requirements and design reconciliation processes tailored to regulatory and organizational standards
- Utilized advanced Excel and reconciliation tools to automate and streamline data matching, reducing manual effort by30%
- Conducted audits of pension contributions, disbursements, and investment returns, ensuring compliance with applicable laws and guidelines
- Prepared monthly, quarterly, and annual reconciliation reports for internal stakeholders and external auditors
- Assisted in system implementation projects by validating data migrations and ensuring seamless integration with pension fund accounting platforms
- Identified process inefficiencies in reconciliation workflows and implemented improvements that reduced error rates by20%
- Provided training and guidance to junior analysts on reconciliation methodologies and compliance requirements
- Maintained up-to-date knowledge of pension fund regulations and standards, advising management on policy changes and their potential impact.
Team Leader
BNY Mellon
10.2018 - 01.2021
- Collaborated with cross-functional teams to analyse, document, and streamline fund accounting workflows, improving efficiency by20%
- Conducted in-depth requirements gathering for fund accounting systems, ensuring alignment with client objectives and regulatory compliance
- Designed and implemented automated reconciliation processes for cash, securities, and income, reducing errors and manual effort
- Supported system upgrades and implementations, including testing and migration for fund accounting platforms such as Geneva, Investran, or Advent
- Facilitated data analysis and reporting for NAV calculations, fund expenses, and investor allocations, ensuring accuracy and timeliness
- Acted as a liaison between fund managers, operations teams, and IT to resolve discrepancies and enhance process flows
- Monitored compliance with accounting standards and industry regulations to mitigate risks in fund operations
- Generated and reviewed financial reports, including balance sheets, P&L statements, and investor statements, adhering to strict deadlines
- Led training sessions for internal teams on new fund accounting tools and workflows to ensure smooth transitions and user adoption
- Provided continuous support for fund audits, addressing auditor queries and delivering comprehensive documentation.
Education
Masters in Business Administration - undefined
University of Pune
01.2013
Master Of Commerce - Commerce
SRTMUN Nanded
Nanded01.2011
Bachelors of Commerce - undefined
SRTMU Nanded
01.2009
Skills
- MS Office Suite – Excel, Word, PowerPoint
- SQL, PostgreSQL, GCP Big Query
- JIRA, Confluence
- TLM, Bloomberg
- Drawio, Vision, Project
- Excellent research, Analytical, Stakeholder & People Management, Coordination, Reporting, UAT Testing and Follow-up skills
Domain Experience:
Business Analysis, Capital Market, Data Analysis, Fund Accounting, Reconciliation, Project Management
Certification
- Agile Business Analysis – Advanced (HSBC Dec-2024)
- Product Ownership – Advanced (HSBC Dec-2024)
- Scrum Mastery – Advanced (HSBC Dec-2024)
- Certified Scrum Master (Scrum Alliance, Mar-2023)
- SQL (SoloLearn, Dec-2022)
- Six Sigma Yellow Belt (6Sigma Study, Jan-2022)
- Business Analysis Certified Professional (TrainSmart, Feb-2022)
- Agile Business Analyst (TrainSmart, Feb-2022)
Disclaimer
I, hereby declare that the particulars stated in this Resume are true to the best of my knowledge and belief in the event of suppression or distortion of any fact in the resume I shall be responsible. Date: Place: Sainath Kondawar
Timeline
Lead Business Analyst
Synechron, Client - HSBC
01.2023 - Current
Lead Business Analyst
Coforge, Client - Credit Suisse
02.2022 - 11.2022
Team Lead
State Street Corporation
01.2021 - 11.2021
Team Leader
BNY Mellon
10.2018 - 01.2021
Masters in Business Administration - undefined
University of Pune
Bachelors of Commerce - undefined
SRTMU Nanded
- Agile Business Analysis – Advanced (HSBC Dec-2024)
- Product Ownership – Advanced (HSBC Dec-2024)
- Scrum Mastery – Advanced (HSBC Dec-2024)
- Certified Scrum Master (Scrum Alliance, Mar-2023)
- SQL (SoloLearn, Dec-2022)
- Six Sigma Yellow Belt (6Sigma Study, Jan-2022)
- Business Analysis Certified Professional (TrainSmart, Feb-2022)
- Agile Business Analyst (TrainSmart, Feb-2022)
Master Of Commerce - Commerce
SRTMUN Nanded
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