Karan Bhawsar

About Karan Bhawsar

Finance Professional with 8+ years of varied experiences in Banking, Technology, Oil & …

Experience

1. Risk Control Specialist

   UBS

   May 2022 — Present · Pune, IN

   Performing Market Risk and Credit Risk reconciliation, data analysis and Risk reporting between Risk and Finance (GL/Sub Ledger) systems for EMEA & APAC regions, guided by BCBS 239 for Issued Debts & Loans products. Root cause analysis for Open issues, High risk trade differences and working on many other issues if have risk reporting impact. Liaising with MRM and CRM to understand the VAR and RWA impact if any and documentation for the same. Month-on-Month consolidation & reporting the APAC & EMEA region performances and giving insights on the Achievements & challenges in the reconciliation processAttribute Reconciling: Market_Amt, Notional_Amt, Counterparty Info, Maturity Date, Currency, Entities, Department ID’s and other trade details as per frontOffice trade booking, resolving trades between Finance and Risk system by Research and Analyzing support application OR by help of Internal and External supporting teams. Maintain reference datasets for Risk,FinanceandTreasury,establishingcontrols and operational standards, to ensure consistency and robust governance.Ensure the integrity of the data used for the derivation of Risk, Finance and Treasury metrics and internal and external reporting Review and propose strategic changes and perform testing to provide the correct result to senior management. Liaise with the stakeholders to understand and resolve breaks between the two systems through strategic changes to the reconciliation processes.Good understanding in reconciliation design, platforms and normalization technique. Working on tool/Application Intellimatch, CTC, SQL database, BO, Oracle OBIEE, JIRA, MS-Access Identifying Data Quality/ Data sourcing issues within the trade strategic flow and drive them towards resolution to maintain the data quality.Involved in training and development, process improvement.Leading daily conference calls with stakeholders and client, handling client queries & escalations, presenting reports to Stakeholders.

Skills

• Project Management
• Tally Erp
• Negotiation
• Outlook
• Microsoft Excel
• Powerpoint
• Microsoft Office
• Accounting
• Valuation
• Customer Service
• Microsoft Word
• Team Leadership
• Portfolio Management
• Business Development
• Insurance
• Financial Analysis
• Corporate Finance
• Business Strategy
• Managerial Finance
• Business Analysis
• Analytical Skills
• Sales Management
• Banking
• Team Management
• Management