Mayuri Karkare

Experience

• 

  Geojit Financial Services Ltd

  May 2019 - Oct 2019

  Business Support Executive

  • Handled all back-office operations such as data management.• Advised on Mutual funds and shares to the clients.• Completed daily targets and deadlines.• Opened demat accounts of new clients.• Managed B2B business with various banks.• Maintained relationships with clients and various banks to build the business.

• 

  Deutsche Bank

  May 2020 - Mar 2021

  Process and Trade Analyst

  • Worked on booking trades and matching client’s instruction• Booking client trades in the system as per the instructions and ensuring market deadlines.• Swap trade bookings such as SPOT FX, NDF, and FX FORWARD in the system as per the trader’s instructions.• SSI setup of the new brokers for clients• Reconciliation of cash breaks to ensure balances are in line.

• 

  BNP Paribas CIB

  Mar 2021 - Sept 2023

  • Worked on a migration project of global prime finance and electronic equities to onboard clients from Deutsche Bank to BNP Paribas.• Monitored trade spills, and followed up on unmatched and failed trades. • Experience in dealing with customers/clients/internal stakeholders.• Ensured that client trading instructions were received and processed with the underlying fund administrators by the agreed-upon timeframes.• Ensured cash/swap trades were promptly. • Booked FOP [Free of Payment] & DVP [Delivery Versus Payment] as per client request.• Performed trade file testing on UAT platforms.• Actively examined report-related breaks/discrepancies of clients.• Onboarded new clients and portfolios successfully.• Handled cash reconciliation between various systems such as Geneva, GBA, and Calypso.• Maintaining connections with clients, stakeholders, brokers, and managers in multiple regions.• SSI setup of new onboarded clients.• Prepared End-of-Day (EOD) reports, summarizing daily activities and communicating them to the oversight team.• Fostered collaboration with banks and brokers to manage diverse settlement instructions, enhancing accuracy in trade processing.• Collaborated with custodians to send trade fail alerts via email and resolve trade-related issues quickly.• Issued and replied to customer margin calls, allocated collateral, and handled dispute resolution and/or collateral settlement. Show less • Managed a high volume of inbound and outbound calls & emails with knowledge and efficiency.• Built and maintained relationships with all third parties involved with the trading and settlement process including custodians, fund accountants, and brokers.• Actively examined report-related breaks/discrepancies of clients.• Monitored the settlement status of all Cash/FX trades and investigated any highlighted issues with brokers or custodians directly.• Booked and updated trades in the system as per DTCC/Euroclear/Clear stream instructions.• Ensured SSIs were maintained in databases and communicated to counterparties. Show less

  • Senior Associate

    Feb 2023 - Sept 2023

  • Associate

    Mar 2021 - Feb 2023
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  Bank of America

  May 2024 - now

  Settlement Analyst