Ankesh Dnyaneshwar Dhande

RESPONSIBILITIES-

• Calculate and validate the daily net asset value for Australia-based clients currently working with the Australia Fund Accounting team.
• Calculating Fund NAV on daily basis valuation
• Calculating accrued expense and income fund wise
• Posted various type of expense as per IM instruction statements.
• Working for Mutual Funds, calculate and validate the daily NAV for Northern Trust Custody funds. Working with various products, including equities, bonds, options, FX, and futures.
• Reconciling the funds' positions/securities to outside sources performs the Transfer Agency, Stock, Cash, FX, and Income Reconciliation. Also, book the trades and expenses, and pass the entries. Prepare and calculate, and reset the fees and expenses in the fund.
• Identifying exceptions and problems affecting accounting records and prices, communicating the same to management, and assisting in their resolution, coordinating with the Transfer Agency, Corporate Action, and Pricing Team.
• Generating the NAV packs and client reports.
• Validating the trades flown against custody, broker, and IM. Reconciling the FX deals against custody and broker statements.

• Being a part of reporting team and manual team my role is to monitor process, research and analyze and report various corporate action events voluntary and mandatory both on daily basis to processing team
• Few Major clients also handled as per their requirement
• Manage Cash Breaks, Open Trade, Election Confirmation, IMT etc
• As booking team
• Responsible for Part -Time Reviewer & Processing Corporate Actions on Accounting side
• Bloomberg Details to check and according research on Bloomberg for allocation for Events
• Developed a better protocol for the voluntary and mandatory events
• (Differentiating as Pre, Post and processing)
• Identify and escalate huge discrepancies in trades to avoid claims and ensure correct postings of transactions in Record Keeping System (RKS)
• Resolved discrepancies between Custody and accounting positions
• Cart summary report (NAV Calculations)
• CART means corporate Action Reasonability Test
• Where we check NAV impact for corporate action processing on security pricing & market price changes
• Checking SWIFT messages to ensure if trades are posted as per the message on both sides
• Coordinates with multiple internal team and external clients to resolve the issue related to transactions, cash stock breaks to match with custody position
• Well versed with capital market, corporate action, fixed income securities different corporate action trades
• Handling, training and guiding junior team members, currently handling team of 5 members
• Liasing and interacting with different teams so as to ensure that trade get settled in timely manner
• Reviewing and solving quarries of team members to ensure reports are prepared and notified within deadline
• Handling trade related quarries, Knowledge of trade enrichments, trade data and market claim
• Event Validation on Bloomberg
• Resolved stock breaks

• Security lending operation
• Ensure all the clients are correctly and timely credited for security for loan by bank and client
• Claim Sending
• Processing fund movement (IMMS) and managing NOSTRO Breaks to avoid CASS breach
• Tracking outstanding claim payable from counterparty
• Reading SWIFT message received from broker to track the payments
• Validating announcement, Reconciling position of client v/s borrowers and sending notification to client
• Handling Client email escalation mail
• Providing post payment reporting such as resolving Nostro / Suspense cash breaks and asset breaks
• Review and response to broker and agent against discrepancy
• Creating management required reports