Sushant Sanjay Bhilare
Pune
Summary
Seeking a challenging and progressive career using my inherent strength & qualities and to contribute towards the organizational goals & prospective. To achieve high productivity that provides value for money to the company and also to become an asset for the Company.
Overview
12
12
years of professional experience
Work History
Sr.Anaylst
Northern Trust
11.2022 - Current
- Reconciliation of external and internal Client Money as per the CASS rules and regulations (CASS- Client Assets’ Source Book).
- Preparation of Daily client money requirement reconciliation (T+1) as per CASS rules.
- Investigating and updating on every breaks on the reconciliation.
- Provide up to date commentary on all outstanding client money items.
- Ensuring a smooth flow of the entire finance process by effectively liaising with various teams, viz Management Accounts, Technical and Settlements Team resulting in a quick TAT for resolution of queries and outstanding client money items.
- Early identification of situations which might lead to incidents/breaches.
- Examples: Timely transfer of funds in/out of client money a/c, ensured proper follow up and resolution of unallocated/unidentified funds and check if funds have been returned to the investor on time
- Identifying the discrepancy arising due to any exceptions and resolving the same within the time frame
- Actively involved in testing for new CASSper Tool
- Worked of New account setup in PSF and CASSper tool for the Management companies
- Supporting to external Audit team
Sr.Anaylst
ECLERX PVT LTD
02.2019 - 11.2022
- Reconciling and processing payments related to Corporate Action events (Mandatory)
- Ensuring settlement of trades is correct and liaising with settlement for breaks to resolve event
- Performing Prepay checks for releasing without break
- Pay date checks to ensure accurate processing of events within cutoffs and no delay to client
- Communication with stakeholder, agents and departments for various issues and escalation
- Performing reports and monitoring cash breaks in system (Intellimatch) to match up with double entry system
- Passing Journal entries / Manual Journals to clear breaks
- Working on failing trade by sending out the payable and receivable claims to the failing counterparties
- Seeking the counterparty agreement on the claim and providing SSI’s for receivable and receiving SSI’s for payable
- Raising the Call back verification for verifying the SSI’s received for counterparty and get it approved by controls (BU)
- Paying out the dividends to entitled counterparty and vice versa
Sr.Anaylst
ATOS SYNTEL PRIVATE LIMITED
07.2015 - 02.2019
- Portfolio accounting- Calculation of performance of Portfolio (Status report preparation)
- Pricing the Status report into investier.- Upload the ending values or performance into investier
- Reconciliation- Journal entries booking for all payments & deposits, bank fees, credit interest, return to remitter etc
- Trade capture- Booking fund level trades (addition & withdrawals) into Status reports
- Fund investment transaction booking (FIT) - Addition and withdrawals booking at fund level into investier
- Admin fees and Managements fees calculation
- Sharing Fund accounting package with the client and rolling forward the Ending NAV to next month upon client’s approval
- Giving Process training to New Joiners
- Taking assessment of new joiners after training
- Maintaining and Providing MIS Data to the Managers
- Sending a daily sign off report to client
Associate
STATE STREET SYNTEL SERVICES PRIVATE LIMITED
03.2013 - 06.2015
- Daily Cash Reconciliation between IM & broker
- Downloading the Debtors reports & Bank statements form websites
- Receipting of cash book entries
- Preparing the wires template (transfer temple, Return to remitter & funds movement between accounts)
- Research & resolution of breaks if any
- Monthly Reconciliation
- Sharing Fund accounting package with the client
Education
HSC -
RADAV College
01.2012
SSC -
Shivai Vidymandir
01.2009
TY.BMS -
RADAV College
Skills
- Problem Resolution
- Quick learner
- Computer Literacy
- Good Team Player
- Time Management Skills
- Good Communication Skill
- Research Abilities
Personal Information
- Date of Birth: 09/07/91
- Marital Status: Unmarried
Languages
- English
- Hindi
- Marathi
Hobbies and Interests
- Playing Cricket
- Watching movies
Professional Details
11 Years 6 months, Reconciliation (TA), Hedge Fund Accounting, Dividends Claim processing, Account / Financial Services, Northern Trust operating services Limited, Bachelor of Management Studies, Pune
Qualities
- Sincere to the work
- Hardworking
- Dedicated
- Helpful
- Eagerness to learn new things
- Believe in Team work
Timeline
Sr.Anaylst
Northern Trust
11.2022 - Current
Sr.Anaylst
ECLERX PVT LTD
02.2019 - 11.2022
Sr.Anaylst
ATOS SYNTEL PRIVATE LIMITED
07.2015 - 02.2019
Associate
STATE STREET SYNTEL SERVICES PRIVATE LIMITED
03.2013 - 06.2015
HSC -
RADAV College
SSC -
Shivai Vidymandir
TY.BMS -
RADAV College