Yash Parekh

Experience

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  EClerx

  Mar 2022 - Apr 2023

  Financial Analyst

  • Executed daily end-to-end custody reconciliation activities for U.S.-based securities, including trade analysis, clearing, settlement, and transaction recording. Conducted account research, report analysis, and query resolution for one of the world's leading asset management companies, Goldman Sachs,ensuring accuracy and efficiency in all operations.• Analyzed variances between the Asset Manager's Statement and the Custodian's Statement, along with supporting data, to ensure accuracy and resolution.• Collaborated with internal teams, banks, custodians, and advisors to address missing trades and transactions.• Proactively followed up with the trade team, banks, and custodians to resolve pending transactions and correct booking discrepancies.• Reviewed SWIFTs which are being rejected by the system and getting it Mapped to correct account. Raised outstanding receivable or payable coupon claims with external parties (Brokers and Custodians).• Verified prices, income, and interest rates for securities during month-end account closures, ensuring accuracy and compliance. Addressed forex currency mismatches using Bloomberg and analyzed data to resolve discrepancies promptly. Leveraged market sources like DTCC and Euroclear while collaborating with custodians to resolve trade issues efficiently, providing appropriate proofs and backups for transparency and swift resolution.• Proficient in escalation management, including promptly reporting issues to seniors, facilitating effective communication, and seeking necessary support to address and resolve challenges immediately. Show less

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  Sushil Finance

  May 2023 - Aug 2024

  Equity Derivatives Trader

  • Trading in segments Derivatives (Future & Options) in cash Equity, Institutional and SLBM.• Managed Team and BAU activities in absence of Team Leader by allocating tasks to team members and ensuring its timely completion.• Coordinate calls with external parties, including clients and high-net-worth individuals (HNIs), to address queries and foster strong relationships with clients and channel partners. Provide guidance on business practices, offer recommendations, and explain global stock market trends and sectoral insights to support informed decision-making.• Conducted Level 2 checks to ensure maximum efficiency, accuracy, reliability, and minimal risk on current positions of stocks. Managed administrative tasks related to monthly client account closures and valuations. Drove business growth by researching stock fundamentals and technical setups, preparing detailed reports, and creating MSIs to monitor progress effectively. Show less