Bela Waghralkar

Experience

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  State Bank of India

  May 2013 - Jul 2013

  A Finance Management Trainee

  - Assisted General Manager with issuance and advising of Domestic and Foreign Letters of Credit, confirmation of Export Letter of Credit, Guarantees on behalf of Domestic Customers- Analysed deferred Payment Guarantees, domestic and Foreign Bills discounting and issuance of guarantees on behalf of foreign correspondent banks to beneficiaries in India- Handled activities: Export Collection Bills, enquire status of Trade Finance transactions, negotiation of bills and track negotiated bills, advance against Export Bills on Collection Show less

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  EY

  Dec 2013 - Mar 2014

  Associate Auditor

  - Audited samples to analyse risks involved in the financial statements and suggested preventive and detective controls - Prepared audit testing templates, audit objective papers and audit exception reports for various clients - Ensured deliverables cater to all the client requirements and add value whilst improvising business processes - Prepared ready reference Risk Control Matrix and Audit programs for the defined scope of audit to be conducted - Prepared reports and maintained strong documentations as audit evidence for future follow up audits - Helped managers in client proposal preparation, highlighting industry understanding Show less

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  Royal Bank of Scotland Business

  Nov 2014 - Jan 2017

  FATCA QA OPS, Customer Tax Operations (Shared Services Operations)

  - Verified and reconciled information obtained from the clients with the existing database.- Undertook and acknowledged for speedy redressal of complaints in regards to the FATCA/CRS forms being sent to the customer with process involving documentation, research and resolution- Work across teams and liaison with them for obtaining required documents in accordance with the FATCA and CRS procedure.- Obtain from the clients, deck of all the documents with furnished details.- Undertook FATCA Due Diligence for numerous clients in the system.- Reviewed the due diligence procedure as per the regulatory requirements.- My job needed me to maintain daily MIS and submitting the aggregated MIS for the team and the Management review.- Executed validation of W8, W9 and Self Certification forms.- Assisted in the system testing as required.- Obtain necessary approvals in regards to applicable taxation standards of various countries Liaison with UK policy team/ solutions team for.- Furnished all the details and effectively cooperated with Managers during conduct of Internal Audit.- Nurtured the team by imparting training on process updates. Show less

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  Bank of America

  Jan 2017 - Sept 2018

  Senior Team member, Enterprise Independent Testing (EIT), Compliance, GDCE

  - Work with general supervision of the Compliance Testing Manager and Compliance Testing Team Lead - Responsible for conducting transaction testing and analyses in the Consumer space to evaluate the effectiveness of Line of Business (LOB) controls to assess risks to key business objectives - Execute, organize, and prioritize testing in a timely manner ensuring monthly deliverables are achieved while maintaining target accuracy ratios - Enter test results and findings in designated testing database- Assist with preparation of compliance testing results; communicate findings and recommendations to Testing Team Show less

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  Morgan Stanley

  Sept 2018 - now

  Manager