Amit Bhoir

Amit Bhoir Email and Phone Number

Associate Manager at JPMorgan Chase & Co. - Middle Office OTC Derivatives Reconciliation @ JPMorgan Chase & Co.
new york, new york, united states
Amit Bhoir's Location
Mumbai, Maharashtra, India, India
About Amit Bhoir

As a scrupulous professional with over 12 years of progressive experience in Hedge Fund Accounting, Product Lifecycle Support, and Middle Office Operations, I specialize in OTC and Fixed Income trade capture, Communication and Settlement of Trades and its reconciliations. I am also experienced in Collateral management.My expertise includes process improvement and automation, project management, risk management, and compliance, with a focus on data analysis and reporting. Possessing strong communication and interpersonal skills, I maintain productive working relationships with stakeholders, both internal and external. I have successfully aligned individual priorities with organizational goals, guided teams to achieve effectively, and fostered a culture of continuous improvement.I have led several global projects for technology and operational enhancements, such as false break remediation programs, decommission of UTs – Migration on the strategic platform, reconciliation model standardization and consolidation, and migration of manual reconciliation to systemic reconciliations. I have also implemented automation through Robotics Process Automation, resulting in increased productivity and reduced manual intervention. I have also prepared Dashboards on Tableau for the management review.If you're looking for a skilled professional with a strong track record in Hedge Fund Accounting and Middle Office Operations, who is keen to do automation, I'd like to connect and explore how I can add value to your team.

Amit Bhoir's Current Company Details
JPMorgan Chase & Co.

Jpmorgan Chase & Co.

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Associate Manager at JPMorgan Chase & Co. - Middle Office OTC Derivatives Reconciliation
new york, new york, united states
Employees:
286575
Amit Bhoir Work Experience Details
  • Jpmorgan Chase & Co.
    Associate
    Jpmorgan Chase & Co. Nov 2016 - Present
     Reconciling Client internal booking vs data reported on various Repositories (DTCC, CME, SIX, Unavista etc.) by the delegated parties i.e Counterparties, Markit wire etc. Ensure that client is able to meet the ongoing regulatory requirement that arise from EMIR, FCA, ASIC, MAS etc. Daily communication with client through calls/emails to discuss the status of the breaks resolution & any other client requests / issues. Updating KPI information for management/Client relating to technical analysis and statistical updates through Tableau Dashboards. Preparation of MIS reporting on break status on weekly basis to all stake holders. Provide comprehensive error reporting that is root cause analysis, and evidence action plan to ensure any identified gaps are closed. Ensuring that all the SLA’s are adhered for the clients that we cater services to. Achievements: Completed Robotics Automation project. False break remediated on TriOptima Platform for 65% of non-genuine breaks. Ui-Path-Email Automation. Successfully migrated process from Derivclear to FSDV system. Successfully onboarded new clients and also handled transition of clients to new location. Prepared templates on Xceptor (Automation tool) so as to reduce manual intervention. Automated MIS on Tableau and prepared Dashboards for Senior Management review.
  • Oracle Financial Services Software Limited
    Senior Analyst
    Oracle Financial Services Software Limited Dec 2012 - Nov 2016
    Maharashtra, India
     Reviewing and finalizing the financial positions of the institutional clients. Processing trade for internal and external clients, corporate actions and implementations. Involved in standard quality checks that are performed on daily, weekly basis. Supporting accounting and cash team for reconciliation. Experience in dealing with different types of securities such as Bonds, Derivatives, CMO, MBS etc. Processing trades into internal system as instructed by the fund managers Performing reconciliation of trades posted in the internal system versus custody books Co-ordinated in preparation of new Recon Tool. Helped in manual reduction of turnaround time of daily business activity by building SQL Query.
  • State Street Syntel Services Private Limited (Financial Kpo)
    Analyst
    State Street Syntel Services Private Limited (Financial Kpo) Jul 2010 - Dec 2012
    India
    Pre - Matching DTC trades and co-ordinating with brokers and confirmation team incase of differences in financial details and amendment in trade details. Updated Broker (Standard Settlement Instructions)SSI’s in to PACE and Custodian (Standard Settlement Instructions)SSI’s on OMGEO Alert. Monitoring and taking necessary action to communicate trades which are stuck in internal NAK queue and also ensure its timely settlement. Responsible for communication of USD and foreign margin movements to the custody. Instructing T-Bill as Collateral for Initial Margins for future trades Sending /communicating Release/Segregation letter to the Custody as advised by the Fund Manager on the basis of Daily margin movement Releasing/Segregating securities as collaterals with broker

Frequently Asked Questions about Amit Bhoir

What company does Amit Bhoir work for?

Amit Bhoir works for Jpmorgan Chase & Co.

What is Amit Bhoir's role at the current company?

Amit Bhoir's current role is Associate Manager at JPMorgan Chase & Co. - Middle Office OTC Derivatives Reconciliation.

Who are Amit Bhoir's colleagues?

Amit Bhoir's colleagues are Lily Miles, Bevin Fernandes, Vijayalakshmi Suresh, Somil Dholakia, Ronald Cummings, Satyabrata Behera, Kayla Cowin.

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