TEJAS JAGDALE
Mumbai
Summary
Experienced financial services professional with a strong background in managing the end-to-end lifecycle of loan trades, including booking, validation, reconciliation, and servicing. Adept at working with diverse platforms and cross-functional teams to ensure accuracy, compliance, and timely settlement in high-volume environments. Seeking to leverage advanced expertise in loan operations and process optimization for a challenging leadership position in the financial sector.
Results-driven finance manager with 10 years of experience in loan syndication and proven expertise in managing the full lifecycle of primary and secondary loan trades—from booking and validation to reconciliation and settlement.
Highly skilled in using top financial platforms such as Aladdin, Advent Geneva, IHS Markit, Bloomberg, and more to optimize loan servicing processes.
Recognized for collaborating effectively across teams, ensuring operational accuracy, regulatory compliance, and driving continuous process improvements in fast-paced environments.
Overview
10
10
years of professional experience
Work History
Manager
Gravitas Technology Private Limited
08.2024 - Current
- Conducted daily client interactions to ensure project alignment, resolve issues promptly, and build long-term stakeholder relationships.
- Streamlined communication between clients and internal teams, effectively managing expectations and enhancing client satisfaction and retention.
- Specialized in end-to-end trade lifecycle management, including booking, validation, and reconciliation.
- Spearheaded process automation initiatives, boosting team productivity and efficiency by 25%.
- Provided multi-asset class support across equities, derivatives, and fixed income products.
- Delivered regulatory reporting with 100% accuracy, consistently meeting stringent deadlines.
- Led the Reconciliation and Loan Administration teams, overseeing daily operations, optimizing workflows, and driving a culture of accountability and continuous improvement for enhanced productivity and accuracy.
Assistant Manager
M&G Global Services Private Limited
02.2022 - 08.2024
- End to End Primary & Secondary loan trading and servicing covering.
- Affirmation/confirmation & settling Primary & Secondary trades in both WSO & Aladdin.
- Tracking & processing bank loan/ CLO life cycle activities such as Restructure, Rollover, Drawdown, Paydown, Interest, Conversions, Split, Fees, etc & managing tax withholding.
- Handling Cash movements to service Custody clients - Setting up outgoing wires & tracking incoming wires.
- Setting up Client SSI's on the system inclusive of callback confirmations.
- New deal/Asset setup in WSO as per initial closing documents.
- Reconciling Cash & Position breaks, liaising with Custodian & Agent bank on discrepancies.
- Playing a key SME role in the team, handling management calls to showcase reporting metrics & monthly decks.
- Trained and mentored new joiner/existing resources on the Loan operations workflow and furnishing Sop's to reflect the updates.
Process Specialist (SME)
Cognizant Technology Solutions India Pvt. Limited
10.2019 - 02.2022
- Working across fixed income products such as ABS, MBS, CML, CLO, Bond & Equity.
- Processing and reviewing Rollover, Drawdown, Paydown, Interest, Unfunded fee, LOC fee, Conversions, Split, Dividend, Capital call and Principal related transactions in Geneva.
- Reconciliation of Cash and Positions between the Accounting systems and agent records.
- Working on cash recon conciliation and research, reaching out to agent banks, custodian banks & counterparties for all types of variances.Accordingly ensuring resolution of breaks as per the scenario.
- Processing pending transactions or chasing with bank or agent to clear variances.
- Sound knowledge of ClearPar which help in identifying & resolving variances.
- Issuer and asset set up as per the pre-defined fields for different investment types.
- Working with onsite and offsite teams for faster resolution.
- Maintaining accuracy and deadlines for all processes.
- Updating SOP and preparing metrics report for management.
- Prepare Agenda and Minutes of Meeting for Client call.
- Acting as an SME and collaborating with the team as and when required to mitigate processing/knowledge gaps.
Associate II
State Street Corporate Services (Mumbai) Pvt. Ltd.
11.2016 - 10.2019
- Working under the umbrella of America’s Share Services for Bank Loans Team for Institutional loan services and CLOs.
- Capturing, Confirming, Booking, Validating, Pricing of OTC trade and settlement of loan trades in WSO (Wall Street Office).
- Processing Restructure, Combine and Split for Delayed draw and Revolver Facility.
- Calculating Management Fee, Ticking Fee, Delayed Compensation and Cost of Carry for OTC buy/Sell trade.
- Successfully trained many employees over the year that became valuable assets to the team and managers.
- Monitor, review, and perform daily maintenance and record keeping for Syndicated Bank Loans held in various Mutual Fund and other Structured portfolios for various SSC clients.
- Maintain excellent communication and relationship between the client(s) and Loan Servicing becoming a point person of contact for dealing with any issue/problem that arise.
- Preform daily reconciliation, processing, and reporting necessary for bank loan operations using the Markit Wall Street Office suite.
- Handle client’s confidential information in proper manner. Monitor and apply cash as needed.
- Wire out money as per clients written instruction to Counterparty or Agent bank through Variation Margin Wire (VMW) application.
- Monitor Hogan wire system for incoming wires and apply to correct accounts.
- Using On-Line Memo Post (OMP) functionality in Multi Currency Horizon (MCH) application for transfer funds between Demand Deposit Account (DDA’s).
- Performing various corporate actions e.g. Restructure, conversion, splits, rate change etc. for loan account.
- Calculate and process fund and account activities, e.g. supporting NAV, cash movements, distributions, corporate actions, processed transactions, etc. and prepare proofs as needed.
- Verify Funding memos information with the agent bank and audit trades booked correctly in the system.
- Research and resolve discrepancies as they arise through analysis of daily reports and collaboration with other departments, clients, or agents.
- Process daily notices assigned using Markit. Investigate for unknown wires. Move funds into appropriate accounts and set up wires.
- Receiving Foreign Wire.
- Analyze and compute interest payments and principal payments as per written instruction. Complete special projects as needed.
- Generate daily ad hoc reports for clients and email to clients of respective funds.
- Application Worked on – WSO Administration, Variation Margin Wire (VMW), Multi Currency Horizon (MCH), LS Fax, LoanOps, Cash Manager, Scheduler assistant, WSO Reporting & Dashboard.
Associate
SS&C GlobeOp Financial Services
08.2015 - 11.2016
- Knowledge of bank loan system including Wall Street Office, Geneva 8.5, Markit in order ensure accuracy of LSTA/LMA documentation & calculation of Trade Proceeds.
- Interact with internal & external counterparts such as Portfolio Management, Legal, Compliance, Finance, Technology, Custodian Agent bank and Trading Counterparts/Brokers.
- Processing Drawdown, Paydown, and Interest Payments for Clients as per notices available on Markit.
- Liaising with Administrative Agent banks with regards to various notices/documentation, ensuring completeness of documentations and timely receipt of notices, including administrative.
- Assist client queries by liaising with US/UK counterparts and various administrative banks. Assist various departments with various Portfolio related queries.
- Ensure minimum breaks on Cash and Portfolio Position Reconciliation.
- Preparing of Wires and processing of trade as per the closing docs received.
Education
MMS - Finance
Pillai’s Institute of Management Studies And Research
Mumbai04-2015
B. Com - Accounts and Operation Research
S.K. Somaiya College of Arts, Science And Commerce
Mumbai04-2013
Skills
- Blackrock Aladdin
- Advent Geneva
- IHS Markit
- ClearPar
- Wall Street Office (WSO)
- Electra Reconciliation
- LoanOps
- Variation Margin Wire (VMW)
- Bloomberg (BBG)
- Multi-Currency Horizon (MCH)
Personal Information
Date of Birth: 31-Aug-1992
Gender: Male
Nationality: Indian
Languages
- English
- Marathi
- Hindi
Timeline
Manager
Gravitas Technology Private Limited
08.2024 - Current
Assistant Manager
M&G Global Services Private Limited
02.2022 - 08.2024
Process Specialist (SME)
Cognizant Technology Solutions India Pvt. Limited
10.2019 - 02.2022
Associate II
State Street Corporate Services (Mumbai) Pvt. Ltd.
11.2016 - 10.2019
Associate
SS&C GlobeOp Financial Services
08.2015 - 11.2016
MMS - Finance
Pillai’s Institute of Management Studies And Research
B. Com - Accounts and Operation Research
S.K. Somaiya College of Arts, Science And Commerce
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