Vrushali Utekar
About Vrushali Utekar
Vrushali Utekar is a Deputy Manager with extensive experience in middle office functions, including broker reconciliation and managing financial processes. She has worked at Nomura and IndusInd Bank, specializing in credit default swaps and collaborating with various internal teams to resolve issues.
Work at IndusInd Bank
Vrushali Utekar has been employed at IndusInd Bank as a Deputy Manager since 2017. In this role, she handles middle office functions, which include broker reconciliation and managing blotters. Her responsibilities involve supporting various financial products, particularly credit default swaps. She manages processes related to Tri optima cycles, succession events, and credit events, ensuring smooth operations within the bank.
Experience at Nomura
Since 2015, Vrushali Utekar has worked at Nomura as an Analyst. Her role involves collaboration with multiple internal teams, including Desk, Sales, Trade Support, Settlements, Legal, and Finance. This collaboration is essential for resolving issues and implementing necessary remediations. Her experience at Nomura spans nine years, contributing to her expertise in the financial sector.
Education and Expertise
Vrushali Utekar holds a Post Graduate Diploma in Management (PGDM) with a specialization in Finance from IES Management College and Research Centre, where she studied from 2013 to 2015. Prior to this, she earned a Bachelor of Commerce (B.Com.) degree from M.L. Dahanukar College, completing her studies from 2008 to 2012. Her educational background provides a solid foundation for her roles in the banking and finance industry.
Internship Experience
In 2014, Vrushali Utekar completed a two-month summer internship at Bank of Baroda in Kandivali, Mumbai, India. This early experience in the banking sector contributed to her understanding of financial operations and provided practical insights that have been beneficial in her subsequent roles.
Specialization in Derivative Products
Vrushali Utekar specializes in confirming derivative products on the DTCC (Market Serv) electronic platform. This specialization is a key aspect of her role, as it involves ensuring the accuracy and efficiency of derivative transactions, which is crucial for risk management and compliance within the financial industry.