Gaurav Bansal
Associate Process Manager at Eclerx | OTC Derivatives operations
- Role
- Associate Process Manager at eClerx
- Location
- Mumbai, MH, IN
- LinkedIn followers
- 500 followers
About Gaurav Bansal
A detail-oriented and result-driven Associate Process Manager (Assistant Manager) with proven expertise in operations management, team leadership (Managing team of 7 FTE\'s), and process optimization with 2 years of experience in OTC derivatives Trade Settlement and Loan Syndication. Skilled in collaborating with across teams and partners to achieve financial objective and to streamline the process. Obliged for timely settlement of trades, resolving trade discrepancies, reconciling cash breaks. Knowledge of preparing and Maintaining SOP’s.
Experience
Associate Process Manager
Apr 2023 — Present · Navi Mumbai, IN
Roles and Responsibilities-Fixed Income Swap Settlements- • End to end monitoring of Swap trades such as IRS (Interest Rate Swaps),(CDS)Credit Default Swaps and Fees.• Work closely with counterparties to confirm cashflows and all 7 attributes of settlement to release the payment and Resolving discrepancies efficiently.• Reconciling Cash breaks in TLM on daily basis. • Keeps on tracking cashflows which are pending to settle after good value date and ensuring no funds are kept unidentified.• Confirm bilateral trades and DTCC eligible trades on the DTCC platform for CDS rolls per quarter.• Review Markitwire/swaps wire for payment pre-confirmation for IRS Trades.• Possess a knowledge of payments processing and Swift messages (MT 103 and 202)• Liaising with Middle office and Front office to resolve day to day processing issues.• Proven Expertise in managing and overseeing the checker process, ensuring accuracy and compliance.• Release payments through refer SSIs from Alert.• Manage several currencies. Ensuring payment settlement before currency cutoff.• Onboarding of new team members with client and raising application access for team.• Resolve Recurring issues of team to streamline the process.Loan Syndication-• Involved in processing of Letter of Credit (New Issuance of loan, Increase/Decrease of Position, and maturity date as per the notice in Flexcube.• Reconciliation of Cash Breaks and past dues for Bilateral Loans.• Release Notices to the Participant Banks.• Resolve queries of Participant Banks related to discrepancies, Proof of Payment, Interest Calculations etc. through thorough investigation.• Provide Audit confirmation on Unpaid Principal Amount (UPA), maturity date, Interest Rate, Interest and Principal paid in specific Period.• Experience of onboarding Pilot project and knowledge of preparing and maintaining SOP’s (Standard Operating Procedure).• Preparing and presenting data on Monthly Business review calls.
Education
Post graduate government college sec. 46 chandigarh
Bachelor of Commerce - BCom
2017 — 2020
Chitkara University
Master of Business Administration - MBA
2021 — 2023
Find verified contacts for anyone on LinkedIn
Unifers gives sales teams verified emails and direct dials, enriched profiles, and outreach that lands in the inbox.
Free plan included · No credit card required
This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.