Nitin Ade Email & Phone Number

Pune, Mh, In

Pune, Maharashtra, India

Assistant Manager - Barclays Investment Bank ( Middle Office - Rates & Treasury)

Pune, Maharashtra

Derivatives Operations: Middle Office Control - Trade Support (Insight Investment)• Back Office Oversight: Working as First Level Escalation contacts for Back office & Brokers which consist of liaising with Front Office, Back Office, Brokers & their RM’s to ensure all issues related to Derivatives trades are well escalated and timely resolved.• Process Migration: Migrated the various process from London to Pune and streamlined within short time.• Trade Reconciliation: Reconciliation… Show more Derivatives Operations: Middle Office Control - Trade Support (Insight Investment)• Back Office Oversight: Working as First Level Escalation contacts for Back office & Brokers which consist of liaising with Front Office, Back Office, Brokers & their RM’s to ensure all issues related to Derivatives trades are well escalated and timely resolved.• Process Migration: Migrated the various process from London to Pune and streamlined within short time.• Trade Reconciliation: Reconciliation of trades with Executing & Prime/Clearing Brokers for CFD & ETD on Pre -matching platform of Tariana to support FO on Trade breaks.• Trade Confirmation: Facilitating to affirmation, confirmations & amendment of trades on Paper, DTCC & MW flatform and escalation of aged trades to Brokers RM’s to ensure timely confirmed and settlement of all derivatives Trades.• Trade Settlement: Handing the trade settlement queries and interact with Brokers and FO to resolve and escalate the aged /overdue with RM’s.• Novation & Trade Event: Supporting to Front Office and Back Office on Trade Event like Novation, Transition and Equity Rollover.• Authorized Signatory: To sign and return all NDF and Paper confirmation on Market Trade Management (Market Serv).• On-boarding: Account set up & Trading/Clearing permissions on Markit Wire, DTCC and Ice Link for all newly on-boarded Client Accounts. Show less

Pune, Maharashtra, India

Equity Deal Review - (Middle Office Control Function - Equity Derivatives Group)• Post Trade -Analysis and Interpretation of the Equities Derivative Trades (OTC and Securitized Deal).• OTC products like Option, Vanilla, Forward, Knock in Knock out, Basket Option, Call & Put Spread, TRS & PRS, Structured Products & Securitized deals like Certificates of Deposits, Warrant, and Bond.• Review highly structured products in Equities, Rates and prioritize securitized deals with 100%… Show more Equity Deal Review - (Middle Office Control Function - Equity Derivatives Group)• Post Trade -Analysis and Interpretation of the Equities Derivative Trades (OTC and Securitized Deal).• OTC products like Option, Vanilla, Forward, Knock in Knock out, Basket Option, Call & Put Spread, TRS & PRS, Structured Products & Securitized deals like Certificates of Deposits, Warrant, and Bond.• Review highly structured products in Equities, Rates and prioritize securitized deals with 100% accuracy which is issue in markets.• Maintain Checklist while reviewing OTC and Securitized at different level of checks like Confirmations, Securitized Notes, and Term Sheets Vs Risk Instrument.• Understanding, Analyzing and Computing the Payoff (Final Return) for the Equity Derivatives trades.• Trade Enrichment: Update key economic and non-economic parameters on trades as required ensuring timely trade flow into back office system.• Chase up with Traders & Marketers from various regions (NA, EMEA & APAC) as well as back-office to get the booking of trade resolved in effect and timely manner.• Sending consolidated outstanding aged queries to desk of various regions to resolve on high priority. • Disclose the PNL impact to client on each major economic amendment.• Review the Term Sheets, Confirmation & Securitized Notes with the instruments & get them amended if we get any discrepancies on economics & legal languages.• Maintain and sending the Query MIS reports (NA & EMEA) & undoable reports to the Client. Show less

Pune Area, India

OTC Paper Confirmations of Rates & FX - Investment Banking (Back Office Operation)• Trade Affirmation Confirmation, Reconciliation, Chasing, Queries resolution and Matching of Confirmations in line with ISDA regulation.• Responsible for affirmation and confirmation trades on paper with the basic economics & chasing counterparties to sign & return or liaise to get their confirmations on T+1, to achieve CFTC and EMIR regulation target of T-1 execution.• Facilitating query resolution… Show more OTC Paper Confirmations of Rates & FX - Investment Banking (Back Office Operation)• Trade Affirmation Confirmation, Reconciliation, Chasing, Queries resolution and Matching of Confirmations in line with ISDA regulation.• Responsible for affirmation and confirmation trades on paper with the basic economics & chasing counterparties to sign & return or liaise to get their confirmations on T+1, to achieve CFTC and EMIR regulation target of T-1 execution.• Facilitating query resolution or trade amendments which includes the interacting with Counterparties, Trading Desk, Legal Team, Middle Office and Drafting Team on a regular basis for the trade queries through mails and calls.• Rejecting to drafters to amend if drafted confirmation is not matching with our Tarde Booking and trade recap.IRS &FX MTM Paper Confirmations and Matching• Monitoring the MTM platform and sending Chaser emails to counterparties to affirm the trade and to get confirmation on T-1.• Manual reconciliation, cross matching of the received counterparties confirmations with ISDA templates against Booking system and trade recaps.• Acting as a first level supervisor to ensure proper audit is conducted in the process, so that the compliance requirements are met.• Responsible for auditing the emails and trades processed by team to ensure that the accuracy and data integrity is maintained.• Maintaining Daily Error Log Sheet for errors which are committed by Team and discussing with them at weekly team meeting to improve the quality of process.• Providing Training to new joiners and conducting refresher sessions.• Attending client calls, understanding client requirement and to help them in process streamlining and putting better control.• Preparing Daily, Weekly and Monthly Business Reports for the internal and external Stakeholders.• Preparing Daily Outstanding Report and Monthly Business Review.• Reporting important updates, issues and changes within the process to the Manager. Show less

Pune, Maharashtra, India

Account Payable & ICA -Finance and Accounting (Royal Philips Client)• Worked on different kind of Invoice processing as well as Employee Claim processing with Payment clearing on SAP and SAP Business One.• Performed Inter-Company Account Reconciliation of AR and AP on electronic Tools of Royal Philips and sending emails to AR team for missing invoices.• Interacting with different Stakeholders - Financial Controller, Financial Analyst, Logistic Officer, EAP, Coding Team, Banking &… Show more Account Payable & ICA -Finance and Accounting (Royal Philips Client)• Worked on different kind of Invoice processing as well as Employee Claim processing with Payment clearing on SAP and SAP Business One.• Performed Inter-Company Account Reconciliation of AR and AP on electronic Tools of Royal Philips and sending emails to AR team for missing invoices.• Interacting with different Stakeholders - Financial Controller, Financial Analyst, Logistic Officer, EAP, Coding Team, Banking & Payment Team, AR Team and Vendor. • Responsible for Account Payable Month End Closure activity and Preparing and delivering an Internal/External Reports – Preparing Month End Closing Activities, AP Monthly, and KPI. Show less

Master Of Business Administration (Mba), Finance, 1 St Class

Activities and Societies: No No Vehicle Day Celebration at University Level Save environment and save energy. To protect environment

Bachelor Of Commerce (Bcom), Accounting, Distinction

H.S.C, Commerce, First Class