Akshay Sutar
Mumbai
Summary
Attentive and goal-focused brings successful approach to cultivating complex best practices to meet organizational and regulatory expectations. Detail-oriented focus on achieving expected outcomes. Enthusiastic hard worker with expertise in cultivating lucrative client relationships and implementing better processes and procedures.
Overview
10
10
years of professional experience
Work History
Consultant
J.P. Morgan Chase & Co.
Mumbai
02.2024 - Current
- Part of change management/automation team and working on low code platform ie-Alteryx
- To take the calls with operation teams and to understand their requirements to make the manual process automated
- Write an BRD for the process and get it reviewed and approved by ops management
- Start development/automation for project
- Perform testings before handing over the project to ops team
- Raise an jira and take the sign off’s
- On board the project and later take care of any updates and changes in project require
- Ensure timely delivery of projects.
Senior Operations Executive
UBS
PUNE
05.2022 - 11.2023
- Part of wealth management team, Primary role is to make-process Income payments (Dividend & bonds) to the wealth management clients
- Resolve break by liaising with custodians and counter parties
- Working parallel with onshore and other internal teams like event creation and income preprocessing team
- Working on cash and stock breaks
- Preprocessing of event (check critical dates, rates and client are inline or not.) Processing of high value payments like MMP (Money market paper) and raising pre-advise
- Other management reports like high value file, attendance tracker and EOD emails.
Operations Analyst-Global Income Processing
J.P. Morgan Chase & Co.
Mumbai
02.2019 - 04.2022
- Working as a custodian for clients across the globe
- Working on applications like Bancs, Cosmic, c-side, Alteryx & Share point
- Working on cash and dividend distribution of clients after event announcement
- Working with a pre-reconciliation team to make sure the client is paid correctly on pay date
- To find discrepancies in MT566 before the pay date and to make sure the client is paid well before
- To work with the Tax and income team in regards to Tax related queries
- To work with the Asset serving group to solve discrepancies in MT566
- Coordinate with agents to understand and resolve differences in Tax rate charged
- Ensure BAU is working smoothly and preparation of advance excels for enhancement of process.
Senior Analyst- Rate Agreement
eClerx
Mumbai
03.2018 - 02.2019
- Confirmation of trade agreements settling between executing and clearing brokers by working on discrepancies in Legal, Rates & Clearing sections
- Work on GMI to validate and find out commission charge plan
- Work on applications like Bloomberg, IAM query tool, Café, FI Tech Docs, E board
- Maintain daily performance report as well as error tracker and leave tracker
- To attend daily BAU calls with client/oversight
- To help team members in resolving their queries regarding process.
Analyst- Confirmation & Settlements
State Street Syntel Service Pvt Ltd.
Mumbai
01.2016 - 03.2018
- Handling EMEA, Emerging, Asia-specific market settlements
- Experience with international, cross-border and domestic settlements
- Working in Middle Office Operations, coordinating with various Counterparties, Back Office and Front Office to ensure timely settlements of trades in live markets to ensure that all issues, escalations are resolved
- Ensure timely settlements of all trades within the stipulated time for the funds and custody deadlines for various counterparties across the globe
- Contacting custodians and agents to know the status and position available
- Analyzing the settlement location of the trades to hold the position of bonds and equity for delivery
- Liaise with finance desk traders to cover short positions in case of firm short
- Preparation of daily volumes/billing and to send them to upper-level management
- Preparation of SRS (systematic revenue system plan) report.
Accountant
BMW-Infinity Cars Pvt Ltd.
Mumbai
06.2014 - 12.2015
- Handling of petty cash
- Preparation of work shop daily reports
- Reporting of daily profit and loss, outstanding reports to senior level
- Other accounting related files reporting and balance sheet.
Education
BCBF(Business Correspondence &Business Faciliator): Banking And Financial Support Services -
MUMBAI UNIVERSITY
12-2014
B.com -
Modern College - Navi Mumbai
04.2014
MS-CIT & Advanced Tally - Computer And Information Sciences
Mumbai University
Mumbai02-2012
Skills
- Trade Confirmation & Settlements
- Payment Processing
- Corporate Action Specialist
- Project Management
- Process improvement techniques
- Decision-making capabilities
- Portfolio Management
Personal Information
Title: Operational Analyst
Languages
English
First Language
Hindi
Proficient (C2)
C2
Marathi
Proficient (C2)
C2
Gujarati
Intermediate (B1)
B1
Timeline
Consultant
J.P. Morgan Chase & Co.
02.2024 - Current
Senior Operations Executive
UBS
05.2022 - 11.2023
Operations Analyst-Global Income Processing
J.P. Morgan Chase & Co.
02.2019 - 04.2022
Senior Analyst- Rate Agreement
eClerx
03.2018 - 02.2019
Analyst- Confirmation & Settlements
State Street Syntel Service Pvt Ltd.
01.2016 - 03.2018
Accountant
BMW-Infinity Cars Pvt Ltd.
06.2014 - 12.2015
BCBF(Business Correspondence &Business Faciliator): Banking And Financial Support Services -
MUMBAI UNIVERSITY
B.com -
Modern College - Navi Mumbai
MS-CIT & Advanced Tally - Computer And Information Sciences
Mumbai University
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