HITESH BHANDARI
Mumbai
Summary
I am a detail-oriented finance professional with over 4 years of experience in the finance domain. Known for my proactive and result-oriented approach, I thrive in collaborative environments. I possess a strong capability for learning and knowledge improvement, adeptly working with cross-functional teams to drive profitability and ensure organizational growth.
Overview
5
5
years of professional experience
Work History
Operation Senior Associate (Hedge Fund Reconciliation)
SS&C Globeop Financial Service
Mumbai
09.2021 - Current
- Reconciliation of Trade, Position, Cash movement amid Geneva and Custodian
- Working on various product such as Equity, Bond, Forward, Future, Options and Swaps
- Leading the 3 Way Position team to resolved Client vs SSNC Position breaks
- Handling live client and other multiple clients with daily activities and month end reconciliation
- Performing Activities on Audit sample queries raised by auditors
- Independently handling feeder fund with Month end Deliverles
- Monitoring and resolving NLV calculation and unexplained differences
- Conduct UAT testing or involve in new system implementation project if required
- Using Automation and Macros to reduce the time and increase the efficiency in the reconciliation process
- Identify the manual process and advising same to automate them
- Interacting with internal department such as Fund Accounting, CSM, Valuation
- Loading prime brokers data and booking cashflow with efficiency and accurately
- Creating ETL templates to load the PB, Counterparty or any third-party data which we use for reconcile purpose
- Sending daily reports on CSO level and review false breaks and liaising internally to resolve the break for the same
- Identifying the root causes of the discrepancies and advising client and custodians for resolutions
- Follow up with the prime brokers/fund manager to seek clarification on outstanding breaks
- A leading global provider of technology and business services. Specializes in the financial services industry, with a focus on innovative solution for hedge funds and financial institutions.
Management Trainee
India Infoline Finance Ltd (IIFL)
Mumbai
05.2021 - 07.2021
- Opening of Demat and trading account
- Served as a finance advisor for client
- Making research report on target audience
- Analysis on process and results of investment awareness and marketing done
- Understanding investment psychology and perception
- Analyzing market trends and financial data to predict market movement and identify potential investment opportunities
- A financial service company that offers a wide range of financial product and services, including equity, trading, mutual funds, and personal finance advisory.
Education
MMS/MBA - Finance
Mumbai University
Mumbai05.2021
Bachelor of Commerce - Banking & Insurance
Nagindas Khandwala College
Mumbai05.2019
Higher Secondary Certificate - HSC
Nagindas Khandwala College
Mumbai05.2016
Secondary School Certificate - SSC
St Mary High School
Mumbai05.2014
Skills
- Account Reconciliation
- Corporate Action
- Presentation Skills
- NAV Calculation
- Hedge Fund Experience
- Communication and interpersonal Abilities
- Financial Analysis
- Microsoft Excel
- Team Collaboration
- Fund Accounting
- UAT Testing
- Critical Thinking
- Problem Solving
- Time Management
- Organizational Skill
Accomplishments
Received the STAR Award and Spot Award at SS&C Globeop for exemplary performance and contributions to the team's success.
Timeline
Operation Senior Associate (Hedge Fund Reconciliation)
SS&C Globeop Financial Service
09.2021 - Current
Management Trainee
India Infoline Finance Ltd (IIFL)
05.2021 - 07.2021
MMS/MBA - Finance
Mumbai University
Bachelor of Commerce - Banking & Insurance
Nagindas Khandwala College
Higher Secondary Certificate - HSC
Nagindas Khandwala College
Secondary School Certificate - SSC
St Mary High School