Gargi Wasnik
Toronto,Canada
Summary
Dynamic Financial services professional with extensive experience at BNY, adept at managing teams and enhancing client service orientation. Proven track record in portfolio administration and regulatory compliance, ensuring timely settlements and accurate credit evaluations. Skilled in analyzing data and implementing risk controls, driving operational excellence in capital markets.
Overview
12
12
years of professional experience
Work History
Senior Associate, Credit Services
BNY
03.2023 - 01.2026
- Managed team of 8 associates, overseeing task allocation to meet deadlines.
- Ensuring credit ratings are processed for all entities covered by Global Markets Team.
- Evaluating credit worthiness of borrowers using external vendor ratings, peer analysis and scorecard methods.
- Monitor client account activity to ensure sufficient credit limits are in place to facilitate timely settlement of cash and security transactions.
- Trained new team members and maintained Standard Operating Procedures for consistency.
Associate II, Credit Services
BNY
04.2022 - 02.2023
- Updated credit ratings in system for client accounts and credit facilities, ensuring timely transaction settlements.
- Processed new credit facility and limit increase requests within deadlines, contributing to efficient client onboarding.
- Monitor new account creation and complete rating and facility underwriting for new clients.
- Assisted team lead in organizing audit documentation for review, enhancing compliance readiness.
Associate I, Credit Services
BNY
06.2020 - 03.2022
- Monitored clients' TPFX activities, ensuring adequate CPPR credit limits to prevent settlement failures.
- Utilized Nexen reports to reconcile clients' FX activity and set credit limits based on assets in custody.
- Processed credit limit increases per AUCs, facilitating timely release and settlement of TPFX payments.
- Updated client borrower ratings and facility underwritings, eliminating holds on TPFX payments.
- Creating and maintaining SOPs for FX Credit Remediation processes.
Data Management Analyst
BNY
07.2014 - 05.2020
- Collaborated with Alternative Investments Funds pricing team to ensure accurate daily calculation and timely publishing of Net Asset Value (NAV).
- Executed independent price verification (IPV) for diverse instruments, including stocks, futures, options, P-Notes, and bonds, adhering to client-specific pricing methodology.
- Leveraged multiple sources, including Blomberg, Reuters, IDC, and JPM, to validate and upload accurate prices into the system for fund level verification.
Education
MBA -
University of Pune
Pune05-2014
Master of Commerce -
Goa University
Panaji05-2011
Bachelor of Commerce -
Goa University
Panaji05-2009
Skills
- Credit Risk Assessment
- Credit Analysis
- Loan Structuring
- Debt Instruments
- Capital Markets
- Regulatory compliance
- Compliance
- Derivatives
- Data Management
- Analyzing Data
- Ad hoc reports
- MS Office
- Client management
- Relationship Management
Personal Information
Residency: Canadian Permanent Resident
Timeline
Senior Associate, Credit Services
BNY
03.2023 - 01.2026
Associate II, Credit Services
BNY
04.2022 - 02.2023
Associate I, Credit Services
BNY
06.2020 - 03.2022
Data Management Analyst
BNY
07.2014 - 05.2020
MBA -
University of Pune
Master of Commerce -
Goa University
Bachelor of Commerce -
Goa University