Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic
Jagruti Pathak

Jagruti Pathak

Certified Fraud Examiner
Mumbai

Summary

8108559466 Personal and career objective Seeking a challenging and responsible position in a professionally managed organization and to actively contribute in the development and the growth of the organization with my skills and update my knowledge and to be a part of the team that dynamically work towards the organization. Summary: An accomplished professional with more than 10 years of experience in the field of finance and analysis. Currently associated with Nexdigm corporate services private Limited as a senior associate, serving a well known wealth management company as a part of compliance, KYC due diligence and AML team. Proficient in handling client and its process Viz, Working on Lexis Nexis, Name check, KYC due diligence process, back ground verification, reconciliation process, Investment Banking, concurrent audit of Mutual Funds, Equity and Bond, PMS/AIF and Independently handled the audit team, provided training for the new joinees and interviewed the candidates. Received appreciations from Head of the department of client to for active involvement and to be a responsible member of the team. Areas of Interest: fraud investigations, fraud detection, compliance, AML, Research and Analysis.

Overview

19
19
years of professional experience
7
7
years of post-secondary education

Work History

Senior Associate

Nexdigm Private Limited, SKP
Mumbai
07.2022 - Current
  • Serving leading wealth management companies as a part of Compliance, KYC due diligence and AML team.
  • Preforming KYC due diligence for POA, MF executioners, DP and Broking accounts
  • Performing background checks, negative checks through Lexis Nexis, Name Check, Google check and other internal applications
  • Pre-trade calls sample checks and pulling out evidence through internal applications
  • Updating policies of the company, regular follow up with various team head for updating, reviewing and uploading the policies in the system
  • Performing audit requirements of regulatory bodies.
  • Following up with RM/SRM/CSO.
  • Other related miscellaneous activities.
  • Advance Tax working of AIF product on quarterly basis.
  • Capital Gain report recon with the trade dump and trial balance.
  • Distribution of gains/losses.
  • Preparation of sample letters of the clients.

Internal Auditor (Manager)

Aneel Lasod and Associates
Mumbai
09.2019 - 07.2022
  • Working for an Audit firm, it has carved its niche in the areas of security law and various assignments on retainership basis, as an auditor/consultant for rendering advisory services on Securities laws, compliance audit, PMS audit, Internal Audit of stockbrokers, IT Companies, Construction Projects, Depository Participants audit, Corporate Taxation and related matters
  • Performing concurrent audit of financial products, Mutual funds, Equities and Bonds, Portfolio Management Services (PMS), Private Equities (PE), Alternative Investment Funds (AIF) and KYC Audit for a wealth management company.
  • Performing audit of Holding (AUM) of the individual clients, fortnightly and on monthly basis and Computation and audit of Capital Gain tax, IRR, etc
  • Performing audit of Equity Pricing and NAV Valuation, with the external sources viz., bhav copy from NSE and BSE for equity trades and AMFI India for Mutual funds transactions, respectively
  • Scrutiny check of client’s statement on sample basis, tallying the statement data with manual calculation of IRR, Taxation, Gain and losses of each transactions and holding of the clients
  • Performing audit of bank debit verification and SHCIL statements, to avoid any fraudulent trades / any other such discrepancies of the client’s equity and bond trades
  • Planning and setting the standard process for the audit activities as well as for automation (AI/BOT)
  • Planning and decision making of the audit process with the higher management, viz., Individual Product head, VPs and AVPs of the client.
  • Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.
  • Produced audit reports and presenting the same with the management.
  • Trained newly hired employees on company processes, procedures and deadlines.
  • Investigated discrepancies discovered during auditing process.
  • Reviewed and identified risks, analyzed controls and tested compliance.
  • Performed strategic planning, execution and finalization of audits using data analytics and critical thinking skills.
  • Identified and reported audit issues.

Operational Analyst Sr. Team member

J.P. Morgan and Chase
Mumbai
05.2015 - 05.2017
  • Working foar Direct Custody and Clearing (DCC) / local custody for WSS and IB clients
  • The department interfaces directly with the local market entities including depositary, counterparts and regulators as well as other JPMorgan lines of business, internal and external clients
  • End-to-end securities services for intermediaries and institutional investors
  • Direct connectivity to all market infrastructures for cash and securities, including exchanges, Central Counterparties (CCPs) and Central Securities Depositories (CSDs)
  • Cash & FX, and Tax Activities:
  • Cash Flow Forecasting for all clearing house trades for FII's, MF's and Corporate clients
  • Processing and Preparation of Swift instructions and booking commission and service charges
  • Payment of early-pay-in and early pay-out for National Stock Exchange and Bombay Stock Exchange
  • Processing of Margin Payments, Futures & Options Brokerage, Bond Purchase, Dividends, Fixed Income Interest, Full and Partial Redemption, Right Issue, Bonus, Mergers etc
  • In PC Class
  • Preparation of Forward Cover Report, Inflow/outflow report, Pending Repatriation sales and Pending Repatriation Dividend report and Outstanding Deal report
  • Liaise with Treasury team for converting foreign currency into Indian currency
  • Preparing and monitoring daily and weekly RBI Reports for FII Clients for Inwards/Outwards
  • Preparing Monthly Reg-Report for FII Clients like Forward Cover, Monthly Cash Report, Foreign Corporate Report, FVCI Report
  • Settlement of Corporate Debt, G-Sec and Equity trades of Corporate and Portfolio Clients
  • Reconciliation of tax reporting and making tax payment as per computation received from the client's tax consultants (CPA)
  • Tracking corporate action events and processing of Voluntary and Non-Voluntary Corporate Action events
  • Preparation of Billing of all the FII clients and Reconciliation of GL accounts and Nostro account
  • Testing on UAT for system enhancement and up gradation by liaising with technology team and preparation of Standard Operating Procedures of the process.

Associate/ Income analyst

State Street Syntel Services Private Limited
04.2012 - 03.2014
  • Working for Project LAVERNA at middle office dealing directly with the clients and maintaining client's portfolio on behalf of Investment managers like SWIP, AXA PARIS, PBI, MARTIN CURRIE & F&C
  • Job profile includes Asset servicing, Dealing with security types that include equities (i.e Common stock, Preferred stock, Rights, Warrants) and fixed income securities (i.e
  • Bonds, MBS, Treasury securities) etc
  • Well versed with accounting and other software like MS Office, MCH (Multi Currency Horizon, RKS (Record Keeping System), Sopihs Value Software Systems and SAP (end user.) Research of the income details from external sources such as, Bloomberg, FTS and Euro Clear and regular follow up with various departments for the same
  • The job entails in delivering day to day income reconciliation and processing of the same into RKS (Record Keeping System), also ensuring that the income is accrued properly as per custodian and Market data, which is done for forecasting the cash balance at EOD of State Street clients (viz
  • AXA PARIS and SWIP)
  • Performing daily accrual activities through relevant sources with the live market data
  • Reconciliation of income between the Investment Managers (IM) and the Custodian on daily basis
  • Processing of Income repatriation on RKS as per the standing instructions and ensuring that the same are reconciled
  • To ensure that the right tax rates have been levied to the Client's income as per the specified tax table, also performing tax - reclaim evaluation
  • Verifying if the client has elected any corporate action event and ensure that the same is being reflected into their account
  • Sophis Value Software: Performing daily activities like pool factor, automatic tickets, coupon losses; Running MS excel macros like coupon repo, ABS coupons, custodian BPSS and SSB LUX and resolving the income transactions on RKS as well as Sophis.;
  • Maintaining error report and ensuring that the issues are resolved on appropriate time
  • Interacting with the Client Service representative in operations to follow up the issue with various departments
  • Maintaining Daily MIS and performing month-end activities
  • Preparation and updating the SOP (Standard Operating Procedure) as per the client's request
  • Maintenance of weekly call log and attending weekly Quality calls with the AXA client in Paris
  • Ensuring that the queries / adhoc request received from Client reporting team / fund groups are responded on timely manner.

Analyst

Adroit Financial Services Pvt. Ltd
09.2010 - 04.2011
  • Arbitrage trader for first 3 months in cash and FO and followed with back office activities for next 3 months
  • Processing and Bill Posting of Cash and F&O transactions of NSE, BSE and Commodity exchange
  • Responsible for maintaining Jobber Sheet and Jobber P/L statement
  • Performed activities like Debit and Credit Statement, Portfolio and Exposure Statement of Jobber and Clients of Commodity Exchange
  • Executive F &A, Reconciliation and Query team (Accounts

IBM DAKSH Business Process Services Private Limited
02.2007 - 01.2009
  • Handling monthly vendor reconciliation activity and Inter Company Reconciliation
  • Handling GR/IR reconciliations on a Monthly basis
  • Debit balance analysis, follow-ups and recovery
  • Handling of special invoice process (payroll & travel invoices), Bank Rejections, incoming payments and manual payment processing
  • Resolving Queries of vendors and clients and quality check of the Invoices processed by the team
  • Handling of Weekly Reporting: viz
  • ILC updation, DT Report, 102 Movement, PDR Analysis, Exception list (Payment Proposal).

Accountant Trainee

KPMM Pvt. Ltd
Bangalore
06.2004 - 03.2006
  • A Manufacturing unit: After graduation joined family business as management trainee to avail practical experience in the field professional management.

Education

Certified Fraud Examiners (CFE), Association of Fraud Examiners, USA - Financial Forensics And Fraud Investigation

Association of Certified Fraud Examiner
United States Of America
10.2022 - 07.2023

Chartered Financial Analyst - Financial Analysis

Institute of Chartered Financial Analyst
Tripura
12.2009 - 06.2011

MBA - Financial Management

Annamalai University, Directorate of Distance Education
Tamilnadu
08.2007 - 04.2009

Bachelor - Business Management, Financial Management

SRNAC Adarsh College
Bangalore
04.2001 - 05.2004

Diploma - GST

GST Center

NCFM Financial Modeling Certification - undefined

IMS

Certificate of merit in MS -Excel 2007 - undefined

GITS Academy

Skills

Compliance, Fraud detection, prevention

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Accomplishments

  • Received appreciations from the director to adopt the compliance and KYC due diligence process in less time span.
  • solely built audit process of the client and successfully initiated and received appreciations from the Head of the Department of our client.
  • Planned and coordinated with the client for new set up of activities and audit report.
  • solely provided required reports on time during absenteeism.

• Suggested improvement idea to the management for the enhancement of the process.

• Solely handled the cash team during absenteeism and also received appreciation to complete the work on time.

• Solved 50 income reconciliation transactions of AXA Paris containing coupon/interest of bond and preferred stock, and principal/redemption of the bond/debenture and 75-80 transactions of SWIP client containing calculation and verification of dividend, along with 35 - 40 emails on daily basis.

• Received appreciation for solely managing the client, during absentees during January 2014.

• Following of SLA with 100% accuracy & on time adhering to the procedures & deadlines.

• Received appreciation emails from Unilever Payment team for resolving pending bills with regular follow up and analysis during October 2009.

• Highest scorer in internal tests conducted and seconded highest scorer in SAP training exam.

• Was able to bring down vendors complaints by timely follow up and effective problem solving.

Timeline

Certified Fraud Examiners (CFE), Association of Fraud Examiners, USA - Financial Forensics And Fraud Investigation

Association of Certified Fraud Examiner
10.2022 - 07.2023

Senior Associate

Nexdigm Private Limited, SKP
07.2022 - Current

Internal Auditor (Manager)

Aneel Lasod and Associates
09.2019 - 07.2022

Operational Analyst Sr. Team member

J.P. Morgan and Chase
05.2015 - 05.2017

Associate/ Income analyst

State Street Syntel Services Private Limited
04.2012 - 03.2014

Analyst

Adroit Financial Services Pvt. Ltd
09.2010 - 04.2011

Chartered Financial Analyst - Financial Analysis

Institute of Chartered Financial Analyst
12.2009 - 06.2011

MBA - Financial Management

Annamalai University, Directorate of Distance Education
08.2007 - 04.2009

IBM DAKSH Business Process Services Private Limited
02.2007 - 01.2009

Accountant Trainee

KPMM Pvt. Ltd
06.2004 - 03.2006

Bachelor - Business Management, Financial Management

SRNAC Adarsh College
04.2001 - 05.2004

Diploma - GST

GST Center

NCFM Financial Modeling Certification - undefined

IMS

Certificate of merit in MS -Excel 2007 - undefined

GITS Academy
Jagruti PathakCertified Fraud Examiner