Prasad Bansode Email & Phone Number

Mumbai Area, India

OTC Settlements:Ensuring accurate and timely settlements of OTC trades such as, Equity Swaps, Equity options, Interest Rate Swaps, Credit Default Swaps, Swap OptionsHandling settlements for clearing trades like Credit Default swap and Interest rate Swap.Cash Reconciliation for the cash flows exchanged and investigation of breaks on cash unprocessed or funds are in non receipt from counter-parties.Independently handling daily settlement activities as well as CDS quarterly coupons settlements, uploading trades in DTCC and also manually confirming the coupons with counter-parties, resolving the discrepancies of fees and interest of OTC trades between Client and Counter party.Calculating CMBX,ABX & PRIMEX interest to be settled on CMBS and ABS deals and confirming the same with client and counter parties.Booking/Amendments(Trade Capture activity) of OTC trade in the system for accurately generating P&L and NAV.Creating SSI for client as well as counter party in System and uploading line code of SSIs on Prime Brokerage web site. Also accessing Prime Brokerage web site to upload wire batch for clients’ approval and apply funds from un-applied section Credit event fee calculation and confirmation with Counter-parties.Performing User Acceptance Testing on the changes made in the internal applications of GlobeOp.Extensive communication and liaising with clients by setting up the con call to resolve the month-end breaks and in turn delivering the timely NAV of the client’s portfolios.OTC Position Reconciliation: Ensuring accurate and timely settlements of OTC trades such as, Equity Swaps, Equity options, Interest Rate Swaps, Credit Default Swaps, Swap OptionsHandling Client related issue – Investigation on the break, working on their resolution, and conducting smooth flow of day to day activities which would simplify the Month end.Preparing Client related reports and MIS

India

Mumbai Area, India

Maintaining the share register of the investment fund.Ensuring compliance with the fund documentation, anti-money laundering requirements, statutory regulations and company policies and procedures.The receipt and review of completed subscription documentation. This includes:1.Completion of initial Anti-Money Laundering (AML) review.2.Initial review of subscription documentation for completeness, to ensure that the investor is eligible to invest in the fund and complies with the appropriate AML legislation.3.These reviews will take place against both legacy documentation and new documentation provided as part of a conversion process.4.Email communication with investors to ensure all pending documents relating to AML have been received and duly updated on the system.5.Assisting in the production of MIS and other internal operational reports that assist in the effective operation of the team.6.Ensure all due diligence questionnaires are completed on a timely basis and are of the highest qualityKey areas of responsibility:Providing day-to-day Shareholder services to both the Fund Manager and the investors in the fund. Act as a primary contact point for both Dublin and Westchester.Conducting appraisals/evaluations for individual team members.Training and mentoring of Individual team members.Identifying system enhancements that reduce operational risk create operational efficiency and improve Customer Service.Participating in the key elements of the project life cycle (Specification, Testing and Operational Implementation).Involved in drafting new and amending existing procedures documents for all processes in the global team.

Extracting the dump of trades from the web based system which are further sorted and processed to prepare the final work queue. To investigate the pending unsettled over the counter (OTC) trades and to update the status of the same in Unsettled Trade List (UTL)Sending the updated status of the unsettled trades to clients in Germany, Frankfurt. Calling up counter parts in case, where further clarification is required with regards to process. Sending various reports to clients throughout the day.Preparing and maintaining the MIS report on a weekly and monthly basis as per Audit requirements as well as looking after Archival details.

Mfm, Finance

B.Com, Banking & Insurance

Ssc