Arpit Rastogi
Bangalore
Summary
To assist the organization to accomplish its goal & fulfil my dreams by performing my duties to the organization, also where I can experience personal growth, development and to be in a responsible position where I can noticeably contribute to the organization.
PROFILE Cost basis related processing is an area where we need to research on the shares and calculate the event basis for the High-net worth clients to know the profit and loss of the shares.
Overview
12
12
years of professional experience
Work History
Loan Servicing Manager, Wholesale Loan Operations
JP MORGAN CHASE & CO
03.2017 - Current
- Responsible for the daily maintenance and servicing of the high-end corporate commercial loan’s portfolio (US and Canada based)
- Approve loan servicing activities on Loan IQ as such Deal closing, Drawdowns, Rollovers, Repayments, Pre- payments, Funding, Margin change Activity, Interests and Fees, Past due reconciliation and also support the secondary trading desk for match funding
- Oversee Letter of Credit Process
- Worked on Migration and successfully migrated client from ABLE to LIQ which involves updating Customer Notebook, Deal Notebook and Outstanding Notebook
- Managed portfolio such as Externally Agented deals, Agented deals, Bilateral deals
- Strong knowledge and experience in managing letter of credit process for Non-agented, Bilat, and Agented deals
- Managed LC portfolio for 700+ deals
- Identify and address any gaps between existing process and new requirements
- Proactively identifies opportunities coordinates with different functions
- Work closely with servicing teams (first line of defense) to assess the effectiveness of integrated controls
- Managed 5 People in team
- Projects: Migrated 700+ deals from ABLE to Loan IQ, Reduction of duplicate mails, LC Process
- standardization, Cross – Function Collaboration
- Prepared MBR and Capacity Analysis
Specialist in the Cost Basis Department
FIDELITY INVESTMENTS
02.2013 - 02.2017
- Cost basis related processing is an area where we need to research on the shares and calculate the event basis for the High-net worth clients to know the profit and loss of the shares
- Research on the shares and calculate the event basis for the High-net worth clients to know the profit and loss of the shares
- Created the process documents for the team
- Initiated an activity to build the knowledge gap in the team
- Conducted a bi- weekly clarification session for the team
- Prepared RCA for the team
- Prepared MBR (Monthly Business Report)
- Active participant of the global quality ambassador programmed that is aimed to improve quality scores across sites
- Inputs and maintains data on a Cost Basis Reporting system
- Acts as a team member for issues and projects requiring moderate research and analysis
- Contributes feedback to overall improvement of Cost Basis Reporting’s processes and internal systems, and assists in implementing corrective actions and solutions as necessary
- Promotes effective coordination between multiple workgroups in functional areas
- Performs other duties and responsibilities as assigned
Education
MBA - Finance
Alliance University
Bangalore01.2018
Bachelor of Business Management - Finance
Kristu Jayanti College
Bangalore01.2012
12th Commerce - CBSE
St. Dominic Savio’s high School
Patna01.2009
10th - CBSE
St. Joseph High School
Patna01.2007
Skills
- Critical thinking
- Loan IQ
- Document Review – Credit Agreement
- Migrated 700 deals from ABLE to Loan IQ
- Reduction of duplicate mails
- LC Process standardization
- Cross – Function Collaboration
- Capable of doing smart as well as hard work
- Co-operative Group Leader
- Expert knowledge of team management skills
- Multi-tasking abilities
- Proficiency in organizing and managing different tasks
- Microsoft Word
- Microsoft Excel
- Microsoft PowerPoint
- Team management
- Portfolio management
- Letter of credit
- Cross-functional collaboration
Hobbies and Interests
- Reading
- Exploring
Personal Information
- Date of Birth: 02/03/92
- Gender: Male
- Nationality: Indian
- Marital Status: Single
Accomplishments
- Received LIVE award
- Received WOW award
Timeline
Loan Servicing Manager, Wholesale Loan Operations
JP MORGAN CHASE & CO
03.2017 - Current
Specialist in the Cost Basis Department
FIDELITY INVESTMENTS
02.2013 - 02.2017
MBA - Finance
Alliance University
Bachelor of Business Management - Finance
Kristu Jayanti College
12th Commerce - CBSE
St. Dominic Savio’s high School
10th - CBSE
St. Joseph High School
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