Prashant Gadewad's Linkedin Analytics

I am Prashant Gadewad, currently working as a Head - Business Analyst at Explicate Technologies. 6 Years of experience in Finance Industries and 2 Years of experience in IT and Software development industry. My Job is to understand Business first, Identified the problems and then get the solution. Current Role: Head - Business Analyst Explicate Technologies - 2023- till date - Requirement gathering and problem solving analysis - Process modeling and optimization - Documentation and communication - Project management Prior Experience: CDO Product CLO Client Services day to day Cash and Position Reconciliation between Collateral Manager and Custodian Bank Client Facing Activity: FIS Solutions (India) Private Limited 2021-2023 • Performing daily Cash Reconciliation between funds sent by different agent banks. • Performing daily PAR/POSITION Reconciliation. • Preparing daily cash flows, reviewing and send it to end client. • Performing trade funding for each portfolio. • Investigating on any cash discrepancy or missing cash and reaching out to agent banks if needed. • Reviewing Transfer Certificate, Funding Memo and various other documents involved in the settlement of a new trade. • Understand client’s concerns & expectations and ensured that requests has been prioritized to provide quick turnaround. • Ensured break investigation is completed by using CDOSuite, Trade documents & Agent bank notices BNY MELLON 2016-2021  Monitor and investigate all cash breaks in case of any discrepancies, liaise with Agent Banks, Client Services and Asset Administrators to ensure breaks are resolved in a timely manner  Check and advise the Collateral manager that the accounts have sufficient funds and are not getting overdrawn due to cash movement of funds on a daily basis.  Advice collateral Management team to perform necessary STIF(Short Term Investment Funds) to mitigate the risk of account overdrawn in case of Trade or fee payment in different accounts.  Covers positions reconciliation of Loans, Issuers, ABS, MBS, Equity, syndicate loans  Performing the functions of assessing creditworthiness of clients and taking adequate steps to ensure the health of loan portfolio on delinquency front.  End to End processing of portfolios, which includes interest and principal posting/calculation, settling trades, updating PIK, checking rollover and rate-setting, calculating PAR positions for settled & unsettled positions, restructure of assets/facility