Praful Adsule
Research Analyst , Trade Recommendations, Trade
Recon/Settlements, Chart Specialist
Address Mumbai, MH 421503
Phone 9004393636
E-mail
[email protected]A determined and work oriented equity research professional with proficiency in MS Excel modelling. Detailed
knowledge of trade life cycle and trading instruments. Competent and able to work efficiently under pressure.
Seeking a job to exercise my potential while making a significant contribution to the success of the company
Skills
Technical Analysis
Derivative Analysis
Business Analyst
Quantitative Analysis
Team Management
Trade Execution, Reconciliation & Settlements
Interpersonal Skills
Microsoft Excel
Risk Management
SOP/BRD Specialist
Strong analytical skills
Problem-solving aptitude
Multitasking
Work History
2023-08 - Current Executive Research Analyst
MarketWolf Securities Private Limited, Mumbai, India
• Researching & generating trading and investment ideas for Indian Indices & Stock
Options within the Equity/Commodity derivative space.
• Provide daily trades, levels and market setups for clients to act upon during the day
as principle Officer of a Research Entity.
• Managing research team, guiding and supervising research based trade
recommendations for clients.
• Maintaining the research calls MIS daily/weekly & Monthly to be shared with
Clients to review performance.
• Supervising and Maintaining Research Entity Regulatory Compliance (SEBI) related
proofs and records.
• Managing and resolving any disputes arising between clients and trading
application.
• Business Analyst/ UAT Tester to technical team for Trade Application
bugs/improvements. Internal automation projects and developments.
2020-07 - 2023-02 Assistant Vice President
Tortuga Wealth Managers Private Limited, Mumbai, India
• Heading Trade Advisory business operations
• Keeping a track on in house developed Algo based Nifty 50 Index future/options
trades and recommend it to clients for self execution
• Managing International & Domestic Indian Middle Office Trade Support operations
comprising of direct & indirect communication with HNI Clients & Independent
Brokers. Risk and Compliance Officer for RBI and SEBI regulations
• System Development and UAT Testing
• Sending customized Weekly, monthly, quarterly, yearly and since SIC MT5/MT4
based reports as a Process and as per the request
2015-12 - 2020-07 Assistant Manager
Edelweiss Securities Ltd, Mumbai, India
• Managing International & Domestic Middle Office Trade Support Function Of
Treasury Operations & responsible for key decisions related to process
• Managing entire Trade Life Cycle of International & Domestic Middle Office which
includes - NSE/BSE, Equity/Derivatives & FX OTC- NDF/NDFO/DF, CFD & Equity
ADR trades executed by Proprietary Discretionary Trading Team operating from
Mumbai, Singapore & Dubai.
• T+0, T+1, T+2 Trade Position, MTM, Cost, Settlement, Margin, Bank Swift
Transfers, Deal Confirmation, Regulatory Reporting, Risk – compliance and
Reconciliation
• Business Analyst and UAT Testing for Reconciliation automations/ developments
for Teach team.
• Responsible & Authority for process improvement initiatives such as updating
SOP,Checklist,Process Notes & SLA, setting and maintaining CTQ (Critical to
Quality) / CTP (Critical to Process) to improve process efficiency and Time
management
• Trainer and Mentor for new joiners and team
2011-12 - 2015-12 Senior Analyst - Investment Banking
EClerx Services Ltd, Mumbai, India
• International trade T+1 reconciliation, Preparing wealth Management report
Monthly/Quarterly/Yearly & SIC for HNI Clients. Equity/Derivatives/HF/PE
• Transaction and Position reconciliation between broker reports and Internal
Reporting terminal. Correcting flows in transactions to generate concrete report
with true numbers.
• Preparing daily, weekly and monthly reports including resource utilization (RU)
calculation, analyst level quality & quantity (QQ), AHT analysis & revise, SLA
drafting, SOP & BPD update as per requirement and training documents for new
recruits.
• Driving automations in process to reduce/eliminate non value-added time and
improve quality
• Training and mentoring of new recruits
• Job profile emphasizes working in project-driven environment with high importance
attached to teamwork and adhering to deadlines for efficient execution of projects
• Enhanced team productivity with streamlined processes for data management and
reporting.
Education
2012-04 - 2014-04 MBA: Banking And Finance
Sikkim Manipal University - Mumbai, India
2007-06 - 2010-06 Bachelor of Commerce: Accounting And Finance
Mumbai University - Mumbai, India
2006-04 - 2007-04 High School Diploma
Kendriya Vidyalaya CBSE - New Delhi, India
Certifications
2022-03 • NISM Series XV Research Analyst Certification
2023-03 • NISM-Series-IIIA: Securities Intermediaries Compliance (Non-Fund)
