Gaurav Bahenkar

About Gaurav Bahenkar

A professional builder and Responsibilities Processing the Income payment for Bond and straight Cash Dividends declared in the market globally. Responsible for payments of dividend and interest declared by the issuer to the entitled clients. Pre-Reconciliation of mandatory corporate actions for client through SWIFT (MT564, MT 566) massages received from multiple vendors (Sub-Custodians). Performing the quality checks to ensure payments are made to clients are made correctly and on timely manner. Preparation of Critical Fx Report of Clients payment received in order to price the Deal in Forex market. Liaising with internal and external clients for issues related to tax documentation and claim settlements for equities and bonds. Verification and submission of tax documents of clients to tax authorities for various countries within stipulated deadlines. Tax Relief declaration Report creation of clients for multiple Tax Service offering markets. Effective liaising with sub custodians and internal clients to ensure smooth work flow. Monitoring the High value Transaction and queues in order to ensure accurate payment being processed. Nostro Reconciliation of the Credit/Debit statement received and resolving any breaks arises.(TLM)Application knows:PSS GSP GTM TLM MODIS (MS Excel, word and PowerPoint)

Experience

1. Senior Analyst

   BNY

   Jan 2024 — Present · Pune, IN

   Overseeing the authorization of critical daily activities such as Pay Date-1-2 Securities checks across Global Markets, FXSpreadsheets, tax relief at source/reclaims breakdowns, CASS reports, and more, ensuring timely and accurate processing.Preparing, updating, and maintaining Standard Operating Procedures (SOPs) in compliance with ISO formats, minimizing performance deviations and proactively managing operational risks.Performing rigorous quality control checks, including managing escalated client inquiries, authorizing critical transactions (such as high value transactions queues), responding to email inquiries, and handling ad-hoc requests.Reconciling mandatory corporate actions for clients, using SWIFT messages (MT564, MT566,MT568) from Sub-Custodians, along with cash-related SWIFTs (MT200, MT202). Additionally, preparing and verifyingMT599 free-text SWIFT messages.Ensuring that client payments are processed accurately and on time, maintaining a high level of service.Leading team meetings and huddles to maintain clear communication, align on priorities, and ensure all updates are effectively communicated to the team.

Education

• Sant Gadge Baba Amravati University, Amravati

  Bachelor of Commerce - BCom, Banking, Corporate, Finance, and Securities Law

  2011 — 2014

• Sant Gadge Baba Amravati University, Amravati

  Master of Business Administration - MBA, Finance and Financial Management Services

  2016 — 2018