Namita Jadhav

A result oriented with 21 years of experience in Market Operation (Equity Market & Commodity Exchange, Financial Institutes). Extensive experience in Equity, Depository Operations, Commodity Trading, Product Development & Analysis and MIS Reporting. Vast experience in operational activities like Computation of taxes, APMC cess and allocation of such charges, Invoicing over and above generating and maintaining various management Report.

Maintaining stock report of Agri-commodities and Bullion on daily basis. Coordinating and maintaining relations with key decision makers. Well versed with MS office application and other Exchange & Depository front and back office software like DP-Secure.

FINACLE, DPM, CDAS, ODIN, CNS, EMI, e-WDMS, E-stock etc. Well organized with a track record that demonstrates self-motivation, entrepreneurial ability, creativity and initiative to achieve goals.

Senior Manager - National Spot Exchange (Financial Technologies Group Currently 63 Moons)

(2007-09)

At NSEL till July 2013: Handled settlement of commodities, accounting, post settlement activities, testing in UAT and working in live EMI & e-WDMS software before implementation, and preparation of daily MIS. At NSEL post July 2013: Currently the exchange operations is stopped on FMC direction and the matter is being investigated by multiple agencies. After internal inquiry entrusted with responsibility of compiling data and forwarding explanations on various exchange activities to the investigation authorities, preparing inputs in the court matters pertaining to the claims of the exchange.

• Monitoring pay-in & pay-out activities of commodities
• Settlement of Delivery Obligation
• Computation of Cess & Taxes, charges, settlement of Quality & quantity differences that arise out of trading in commodities by members of its Exchange trading in commodities
• Computation and allocating VAT and other charges to members and reconciliation there of
• Verification of Settlement related computation to ensure correct determination of obligation
• Sending updates to member regarding stock levels i.e. Matrix, Allocation Letters based on information received form warehouse and clearing department
• Issuance of Delivery order to Buyer
• Resolving queries related to Premium/Discount/Taxes and Charges related trade settlements and Invoices
• UAT of EMI & e-WDMS System deployed by exchange for settling traded Commodities
• Implementation of software application in exchange back office
• Raising and Resolving UAT queries related to specified contracts with Vendor
• Testing of various contracts in UAT before live operation
• Comparison MIS Reports with related information on Daily Pay in Report, Daily Stock Report and other reports
• Delivery Obligation vis-à-vis actual delivery of warehouse receipts
• Suggestion on streamlining the process Flow to accelerate smooth flow of daily activities
• Successfully handled a team by heading Bullion & Agri-commodities
• Handling demated deliveries under CH DP system-i.e Exchange operated DP system to receive and disbursed demated deliveries
• Empanelment of Depository participates
• Successfully implementation of Identity cards for all authorized persons of the exchange Members which enable us to smoother, efficient & paperless delivery process
• Started the process for development of Delivery Based software EMI & e-WDMS
• User acceptance test (UAT) is successfully completed for EMI & e-WDMS software
• Product exposure in Bullion and Agri-Commodities

Senior Executive (DP Department) - Bonanza Portfolio Ltd.

(2003-08 - 2007-09)

• Opening of all types of demat accounts (NSDL / CDSL), after scrutiny and verification of required documents, following up matters with clients for the same
• Looking after pre-pay-in, pay-in and pay-out in NSDL Depository
• Capturing, Verifying and releasing instructions for all kind of market/off market transactions, such as Account Transfer, Inter Depository Transfer etc .in Back Office System as well as in speedy system
• Looking after Backup, NSDL and CDSL
• Updating data from NSDL System to Back office System as well as Internet Site. Solving Branch problems regarding BackOffice system, giving training of BackOffice system to our branches
• Scrutinisation of Dematerializations/dematerializations request forms, in all respects and sending the same to concerned registrar/Company through depository services dept. for getting the shares dematted Updating report for the shares sent for demat and for receiving the confirmation of demat/remat
• Attending to queries of customers like confirmation of dematerializations requests, demat balances, creation of pledge and closure of pledge etc.
• Handling billing of all branches from generation to dispatch

Executive (DP Department) - IDBI Bank Ltd. (Nariman Point Branch)

(2001-10 - 2003-08)

• Handled all types of operational matters regarding instructions & pledge, attending Client queries regarding rejection, demat of shares, entering instructions for pay-in & pay-out of and demat request forms
• Handling customer's queries pertaining to demat account
• Recovery of debit accounts. Reconciliation of pay order & demand draft. Handling all types of clerical assignments related to retail banking

Executive - Pace Financial Services Ltd.

(2000-05 - 2001-09)

• Recovery for Bank's Credit Cards
• Solving Customers complaints about billing

Bachelor of Arts - Arts - Mumbai University (1998)