NIKUNJ MAHENDRA PANCHAL
Banker
Pune
Summary
To join an organization that will recognize and utilize my skills fully and offer me a position requiring innovative and creative ideas where continuous growth and learning are way of life.
Overview
17
17
years of professional experience
4
4
Languages
Work History
Assistant Manager (Dubai Consumer Operations)
CSIPL (Citi Service India Private Limited)
11.2013 - Current
- Job Responsibilities
- Cash Operation
- Deck preparation on daily basis for senior Management.
- Handling Cheque Clearing, LCY & FCY inward and outward transaction team.
- DDA facilities for the customer.
- Tracking of performance for team.
- Running Project on Process improvement
Senior Executive (India Operations)
Eclerx Services Ltd
04.2011 - 11.2013
- Job Responsibilities
- Fund transfer unit
- Acting as an authoriser
- Preparing FX MIS reports for revenue made by business.
- Downloading Nostro statements and MT 103 copies.
- Performing SDN checks and taking approvals to process transactions if it is hit.
- Matching off MT 103 with MT 910 and crediting customers account.
- Reporting off valid purpose codes to RBI
- Reviewing amended TT, and acting on it and sending MT 999 if any details is missing in MT 103.
- Assigning task to makers.
- Taking rates for OCY currencies and manually crediting customers and converting funds on FLEX.
- Preparing MIS and reporting it to business heads.
Senior Analyst
Eclerx Services Ltd
04.2011 - 11.2013
- Job Responsibilities
- Derivative settlement
- Pre-settlement confirmation with counterparties and Participates on a core team in conducting professional settlement closings with excellent customer service.
- Process and manage all settlement deposits, disbursement of all funds and confirmation of all incoming and outgoing wires and initiates all wire transfers.
- Ensures all recording documents and releases are accurate prior to submitting to each county.
- Role Involves Building And Maintaining Relationships With The Regional OTC Equity Derivative Middle Office Teams.
- Liaison with Counterparty to deliver highest level of Quality to Clients
- Post-settlement reconciliation (cash & positions)
- Cash & positions breaks investigation and resolution
- Contact with Middle office and counter parties to resolve issues.
- Cash Reconciliation
- Co-ordination and management of all cash reconciliations.
- Compare data of Ledgers and statements and find either differences or the similarities, reconciling two accounts that represent the same information.
- Verification on a daily basis that the cash reconciliation system has been updated through, external feeds and that the data is correct.
- Reporting to on shore management on Statement and Ledgers with high nominal.
- Communicating and answering any queries on cash reconciliations from internal and external clients.
- Input on a regular basis into the update of process documentation changes arising due to changes in procedures or additional responsibilities allocated to the individual.
- Achieving deliverables against agreed deadlines and managing expectations of the clients.
- Preparing overdraft reports and send to the client.
Account Assistant
Elca Laboratory
06.2008 - 06.2009
- Posting sales invoice into the system on daily basis.
- Handling the petty cash book and maintaining it on daily basis.
- Preparing and releasing the payments of supplier on monthly basis.
- Follow up with the parties for Bills receivable.
- Preparing the salary sheet and releasing it on monthly basis.
Education
PGP - Finance
ISCS
01.2011
B.Com - A & F
Somaiya college
01.2008
Skills
- Self Disciplined
- Team player
- Like to interact
Accomplishments
- Stabilization of pilot process.
- Received client appreciation for deliverables in time and wok accuracy.
- Provide training to the team members.
- Received spot rewards from Eclerx management during CDS roll in managing high volumes of trade settlement.
- Seamless migration of process at Citibank Pune location.
- Seamless migration of process at CSIPL Pune location.
- Received awards for team work and ownership of process enhancement.
Timeline
Assistant Manager (Dubai Consumer Operations)
CSIPL (Citi Service India Private Limited)
11.2013 - Current
Senior Executive (India Operations)
Eclerx Services Ltd
04.2011 - 11.2013
Senior Analyst
Eclerx Services Ltd
04.2011 - 11.2013
Account Assistant
Elca Laboratory
06.2008 - 06.2009
B.Com - A & F
Somaiya college
PGP - Finance
ISCS
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