Mayank Galav

Mayank Galav

7 Years 6 Months Overall Experience
A Banking and finance professional with experience in retail banking operations and integrated treasury. Expertise in financial management, customer consultancy and payment gateway. A team player with a proven track record of improving business growth and processes.

Functional Areas



University College Of Engineering ,RTU, Kota
B.Tech – Information Technology


Fast Track promotion to Manager through Merit channel.


Certificate Course in Foreign Exchange (FEDAI), IIBF


Certified Scrum Product Owner (CSPO)



Canara Bank, Mumbai

4 years 6 months



NOSTRO Account Reconciliation

  • ·Independently handled three USD Nostro Accounts (CITI Bank, Wells Fargo and JP Morgan Chase) with a primary task of reconciliation and identified various trade finance and forex remittances entries
  • ·Performed root cause analysis of entries left after system auto matching by actively engaging with various stakeholders in bank and partner NOSTRO banks
  • ·Intimation to foreign banks via SWIFT MT199 messages for remittance of name beneficiary mismatch, violation of RBI guidelines and recall of funds
  • ·Contributed in the NOSTRO account entries auto matching project , in which specific fields of core banking solution transaction were matched with MT 950 SWIFT message ( received  on daily basis) . Post project implementation 90% of the entries were matched by system , which reduced manual intervention and staff requirement by 75% , thus improving overall efficiency


RTGS (Real Time Gross Settlement) Payment Gateway


  • ·Led a team of 5 members and handled the core operations of RTGS payment gateway.
  • •Played a vital role in merger process of both banks’ RTGS account by providing key feedbacks to IT team and merger group at Head office. Post amalgamation, gateway was processing 28,000 RTGS transactions per day, quantifying to 15,000 crores
  • ·Actively coordinated and engaged with Domestic fund desk of the bank for optimum fund management and processed payments on behalf of Canara bank treasury for various money market operations such as Call/Notice money
  • ·Supervised and managed the reconciliation of RTGS account at RBI through exchange of funds among various stakeholders in bank through core banking solution (Flexcube)
  • ·Hands on experience over various platforms such as NDS (Negotiated Dealing System)-Call (Money market operations) ,NDS-OM (Secondary Market securities trading) and E-KUBER (Principal account held at RBI)
  • Actively engaged with member banks for cases pertaining to erroneous payments of both inward and outward RTGS transactions, thus adhering to regulatory guidelines of reverting the funds within 48 hours of receipt, assuring no penalty by RBI to bank and improving reputation among the member banks