Namrata Dudani
Pune
Summary
Dynamic leader with a proven track record at State Street, adept in digital transformation and project management. Spearheaded a team of 60, driving strategic vision and innovation in asset management services. Excelled in client engagement and stakeholder management, achieving 100% accuracy in deliverables through robust process excellence and risk management.
Overview
17
17
years of professional experience
1
1
Certification
Work History
Vice President, Asset Owner Private Market / Alternative Investment Administration Services
State Street
01.2024 - Current
- Oversees the management of teams that provide centralized price validation, statement tracking, data collection, reconciliation between IM and SSC MV, and data validation services to the clients.
- Act as a secondary escalation point for our internal stakeholders and partners, who are responsible for overall deliverables for some of the largest institutional investors in alternative investments in the world.
- Lead new client conversions, new business migrations, system updates, and specific projects (risk excellence, control change, and process transformation).
- Work closely with internal stakeholders and business partners to provide data support, reporting solutions, participate in new client onboarding discussions, and lead training sessions as needed.
- Responsible for driving the design, implementation, and execution of the strategic vision of the Private Market team in State Street's Asset Owner group.
- Engaging with the client service team, along with global partners, ensures that client service levels are met and discusses new solutions for streamlining processes to meet expectations.
- Ensuring clients' deliverables with 100% accuracy and timeliness.
- Dealing with the escalations, client queries, and the operational issues, working towards effective resolution while liaising with various stakeholders.
- Error reporting, planning remedial action, and ensuring enhanced controls are put in place.
- Create a robust control system to ensure 100% accuracy, timeliness, and completeness.
- Drive innovation, transformation, and productivity gain initiatives.
- Identify and implement consistent operational best practices.
- Strong People Management – Managing a team size of 60 people across the Mumbai and Pune locations.
- Collaborated with teams to drive successful project outcomes as a Business Champion.
Senior Manager - Fund Accounting
State Street Syntel Services Private Limited
07.2018 - 12.2023
- Prepared timely and accurate net asset values, yields, distributions, and other fund accounting output.
- Liaised with third-party administrators regarding any issues or concerns relating to fund operations.
- Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
- Prepared audit-related materials, performing numbers reconciliation alongside auditors.
- Invested funds and recommended appropriate dividend issuances based on historical dividend patterns and expected cash flows.
- Identified areas of improvement within existing processes and implemented necessary changes.
- Oversaw the reconciliation process for a variety of funds including mutual funds, hedge funds, private equity funds.
- Managed the preparation of fund statements for investors in accordance with regulatory requirements.
- Demonstrated strong problem-solving skills, resolving issues efficiently and effectively.
Automation Lead
State Street Syntel Services Private Limited
03.2014 - 06.2018
- Identified areas where existing process can be improved by using automation techniques.
- Participated in product design reviews to provide input on functional requirements, product designs, schedules, or potential problems.
- Tested functionality, performance and compliance of each product against design specifications to maintain strong development standards and high customer satisfaction.
- Reviewed test plans and results prior to implementation of automated processes.
- Collaborated closely with team members to achieve project objectives and meet deadlines.
Fund Accounting Analyst
State Street Syntel Services Private Limited
09.2007 - 03.2014
- Prepared timely and accurate net asset values, yields, distributions, and other fund accounting output.
- Prepared budgets for funds, processed capital distribution and conducted month-end closing and valuation.
- Reconciled cash and stock portfolio, generating shareholder allocations, incentives and fee calculations for financial management.
- Performed analysis of various financial instruments including equities, fixed income securities, derivatives, futures contracts.
- Maintained updated knowledge through continuing education and advanced training.
Education
MBA -
Balaji Institute of Management Studies
Pune04-2006
Skills
- Project Management
- Transitions/Migrations
- Team Building/Leadership
- Client Engagement
- Digital Transformation
- Stakeholder Management
- Process Excellence
- Risk Management
Other Key Roles
- Engaging with client service team along with global partners and ensure client service levels are met and discuss new solutions for streamlining process to meet expectations.
- Ensuring clients deliverables with 100% accuracy and timeliness.
- Dealing with the escalations, client queries and the operation issues, working towards effective resolution while liaising with various stakeholders.
- Error reporting, planning remedial action and ensure enhanced controls being put in place.
- Create robust control system to endure 100% accuracy and timeliness and completeness.
- Drive innovation, transformation and productivity gain initiatives.
- Identify and implement consistent operational best practices.
- Strong People Management – Managing team size of 60 people across Mumbai and Pune location.
Digital Transformation Role
Played a crucial role in automating repetitive tasks, streamlining data management, improving accuracy, enabling real-time reporting, and providing advanced analytics, ultimately led to increased efficiency and better decision-making capabilities for fund accounting staffs.
Accomplishments
Won “Going Extra Mile” award in 2012 from State Street Partner.
Led large scale RPA initiatives and transformation and brought efficiencies worth ~$2M.
Automation and Deployment lead for Asset Manager - Fund Accounting
Improved Customer Sentiment from 12 RED and 32 AMBER clients to 0 RED and 1 AMBER
Managed EUDT for all Fund Accounting Processess
Certification
Leader’s Academy.
FMEA (Failure Mode and Effective Analysis) training.
T2R (Train to Retain).
Project Management/ Innovation/ Change Management
Team for Life / Succession Planning and Job Rotation
Enhanced Leadership Effectiveness
Timeline
Vice President, Asset Owner Private Market / Alternative Investment Administration Services
State Street
01.2024 - Current
Senior Manager - Fund Accounting
State Street Syntel Services Private Limited
07.2018 - 12.2023
Automation Lead
State Street Syntel Services Private Limited
03.2014 - 06.2018
Fund Accounting Analyst
State Street Syntel Services Private Limited
09.2007 - 03.2014
MBA -
Balaji Institute of Management Studies
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