Pradeep Achar

Experience

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  Infosys

  Jun 2004 - Jan 2006

  Senior Process Executive

  Duties and Responsibilities.• Process Executive for US based client of repute and their cluster clients.• Computation of Client employee contributions and retirement benefits.• Projecting Active Employee Benefits based on projected retirement date and contributions.• Was part of audit facilitating team during ISO Audit and Certification for Infosys BPO• Preparation of various reports management reports. • Trained and directed new team members.

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  Goldman Sachs

  Jan 2006 - Dec 2007

  Analyst

  Duties and Responsibilities.• Migrated Futures Trade Allocation process which was part of Futures Trade Management (TMG) (Trades ops) from London within 4 months.• Reporting trade confirms to the clients on daily basis and follow up of confirms from the executing brokers.• Matching the Trades and Allocations in a system called Libra and ensuring that trades are matched on Trade date (T+0). • Answering brokers and client queries on Top Day Trades.• Reporting to Manager about the outstanding trades that need to be taken in from exchange on a daily basis.• Opening of new accounts, such as clearing accounts i.e. full-service account, execution accounts i.e. when Goldman acts as executing broker.• Creating the CFTC numbers for the investment advisors and linking the respective accounts to the Investment advisors.• Prepared and presented the Process Flow Documents for Trades Management and ensured its stability. Show less

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  UAE Exchange

  May 2009 - Feb 2011

  Chief Dealer - Treasury Dealing & Banknotes

  Duties and Responsibilities.• Worked as a Chief Dealer. Covered the forex exposure of all Buy and Sell side of all Foreign Currencies.• Dealing with Large Exchanges houses, corporates & banks in UAE and Overseas.• Trading in Online Trading Platform – MAN Financials and hedging the positions to cover FOREX risks..Responsible for all FX settlements.• Export and Import of Currencies to Overseas.• Preparation of Various Management Reports.

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  Unimoni

  Mar 2011 - Feb 2018

  Head - Treasury Operations (Senior Manager)

  Duties and Responsibilities.• Worked as Head of Treasury operations and reported to Country Head• Covering the Foreign Currencies position for Remittances with all the major banks in the world.• Fund Management – Forecasting fund requirements in NOSTRO & VOSTRO accounts and funding them accordingly, overdraft management.• Liquidity – Cash Management (FX) at branch levels and at most utilisation of the local currency to reduce overdraft charges.• Hedging - Trading in Online Trading Platform called MAN Financials and Hedging the open positions to cover all FOREX risks.• Perform FX settlements and worked closely with SWIFT dept., Correspondent banking division, compliance, and Finance Dept.• Placed adequate Internal controls, reduced Volatility, and increased turnaround time• Managed Business Relationships with Banks and other Investors. • Tangible Financial result in the form of covering FX & cost savings. • Provided Performance and Risk Analysis reports to Management.• Ensured that Treasury operations are understood and valued within the business. Show less

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  Al Muzaini Exchange Co.

  Sept 2023 - now

  Forex Manager