Kamal Bobal
Kanpur
Summary
Business Analyst with Strong Domin experience in Asset Servicing, 8+ yrs
of experience in Global Investment Banking, Investment/Fund Accounting
&NAV calculation, Reference Data/Static data Professional, Asset
Corporate Reconciliation, Redemptions, Fixed income, Hedge Funds,
Investment accounting, U.S. Capital market (Derivative). Skilled in SQL,
data validation & analysis, and process improvements with hands-on
experience in requirements gathering, UAT, Regulatory reporting
automation,Backend Trade clearing services operations & Custody
Transactions clearing operations.
Overview
8
8
years of professional experience
Work History
AM(C10),REFERENCE DATA EXPERT (PRICING, CA, SETUP)
CITICORP FINANCE (INDIA) LIMITED
GURGAON
07.2022 - 12.2024
- Working for Citi Group working in Asset servicing middle office operations ( Pricing & Valuation, Security Setup & Corporate action).
- Managed Reference Data and Global Entitlements Processes for a leading European Bank.
- Gathering and checking of portfolio data received from Accounting (MOM, Multifonds, SSM)
- Acting as a QC handling project, Supporting process to ensure accuracy & completeness within SLA.
- Utilized SQL queries to extract, validate, and analyze fund data for reconciliation, exception.
- Conducted UAT and system testing. SQL-based validations to confirm accuracy of changes.
- Applied SQL queries for reconciliation and variance analysis across multiple financial data sources like BBG, IDC, ICE.
- Perform daily market data update process clearing exceptions, and source mappings
- Experienced in handling counterparty claims and SBL claims
- Reviewing pricing of the portfolio and analysing the pricing exceptions if any.
- Acquiring and updating Daily / Monthly / Weekly reports Client/Market (Bloomberg, IDC)
- Provides support with maintenance and identify activities such as pricing and security setup.
- Working closely with Inter related teams ( Settlement, Corporate action, Pricing Performance & Security Setup, Trade management, Reconciliation, fund accounting) to solve issue surrounding the posting/Treatment of events.
- Ensure project activities are planned in a manner conducive to realization of the component outputs, champion support and establish a governance structure to ensure that delivery value is maximized.
- Globalization of Instruments Team, providing 24 X 5 support to APAC & EMEA.
- Risk and Compliance Management for existing Processess.
- Played a key role in proposing Instruments Utility and Corporate Actions Automation to the client.
- Participate actively to the continuous improvement of our process and systems (macros, UAT/tests, update of procedures, etc.)
- Coordinating with Internal/External Stake holders such as Securities/Trades and Fund accounting Valuation Team solving pricing query for the NAV calculation.
- Provide a regular report to hierarchy and being pro-active during all recurrent meetings (morning, weekly meetings).
- Ability to manage any Corporate Actions and associated teams overall scope of the team and to become expert on specific market rules.
MANAGEMENT TRAINEE(B.A.), INVESTMENT ACCOUNTING
GENPACT
GURGAON
02.2020 - 06.2022
- Preparation of annual Financial statement, Reviewing and analyzing the balance sheet
- Responsible for the month end, quarter end close activities which includes journals, reconciliations, balance sheet
- Responsible to review/prepare the NAVs of the hedge fund clients on a daily/Monthly basis.
- Responsible for Break resolution/resolution of exception items which will includes investigation explanation and timely reporting
- End to End investment banking operations, Trade booking, confirmation, reconciliation, clearing and settlement and collateral management
- Buying & Selling of the security specialized in middle office and Events balancing
- Reconciliation of accounts daily between Entity & custodian statements to underlying records.
- Responsible to review/prepare the NAVs of the hedge fund clients on a daily/Monthly basis.
- Prepare Cash/Position/Market Value
- Reconciliations and resolving breaks.
- Notify clients/CSMs of valid breaks. If break are due to an erroneous or missing transaction in Accounting system, then make necessary adjustments
- Reviewing pricing of the portfolio and analysing the pricing exceptions if any.
- Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest.
- Responsible for accruing/amortizing daily or monthly non-security related Fee accruals including management fees and financing accruals movements.
- Process non-automated transactions including OTC derivatives and their related cash, Rates, Annuity Adjustments.
- Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions.
- Checking that all OTC products traded by the client have been booked correctly.
- Finalizing the month end NAV of the client and providing Investor Allocation reports at month-end.
- Utilized SQL queries to extract, validate, and analyze fund data for reconciliation, exception.
- Conducted UAT and system testing. SQL-based validations to confirm accuracy of changes.
- Applied SQL queries for reconciliation and variance analysis across multiple financial data sources.
PROCESS ANALYST, CORPORATE ACTION (M&A SETTLEMENT)
BROADRIDGE FINANCIAL SOLUTION
NEW DELHI
08.2016 - 01.2020
- Accurately scrubbing of mandatory and voluntary corporate action event and ensure all events are reconciled and processed on the processing
- Events Creations (mandatory and voluntary) Timely and accurately processing of its event
- Corporate Action events processing: back office operations before SLA and key deliverables
- Calculation & processing of corporate action (cash & stock) entitlement into client books performing cash stock reconciliation for the breaks related to corporate actions events
- Prepare monthly variance report and monthly accounting balances report (cash & Position).
- Experienced in handling counterparty claims and SBL claims
- Scrubbing and set up of Corporate Actions in operating systems.
- Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books.
- Dividends/lnterest reconciliation with Broker reports.
- Monitoring of Corporate Actions in all reliefs and identification of eligible global positions (Settled/Pending trades, SLB)
- Acting as a central point of contact for Corporate actions operations subject matters within BNP (across all functions) and outside (Custodian, Counterparties) and as an expert on Corporate Actions for client and business services.
- Ensure that Borrow and Loan return settlements properly done with respective counterparties.
- Reconcile breaks to keep book clean
- Cash and Non cash collateral managements with counterparties to ensure that trades are settled.
- Trade and Collateral settlements correctly settled with counterparties.
- Maturity and Coupon payment
Education
M.Com (Finance) -
MBA (Finance) -
B.Com (Finance) -
CPT ( THE COMMON PROFICIENCY TEST )
ICAI
05.2011 - 06.2011
Skills
- ASSET SERVICING
- ASSET CORPORATE RECONCILIATION
- REDEMPTIONS
- FIXED INCOME
- NAV
- INVESTMENT BANKING
- US CAPITAL MARKET (DERIVATIVE)
- BACKEND TRADE SERVICING CLEARING OPERATIONS
- CUSTODY TRANSACTION CLEARING OPERATIONS
- HEDGE FUND
- US COUNTERPARTY
- STATIC DATA
- BLOOMBERG
- CAPITAL MARKET
- CA-WEB
- INVESTMENT ACCOUNTING
- FINANCIAL STATEMENT
- FIXED INCOME
- SETTLEMENT
- RAD
- REMAILER
- INVESTIGATION
- JIRA
- PRICING
- RECONCILATIONS
- SCRUBBING
- REFERENCE DATA
- JOURNALS
- SECURITY SET UP
- IDC
- MOM
- ALLADIN HI-PORTFOLIO FINACE
- BPS
- MULTIFOND
- SSM
- DTCC
- BNP
- CANACORD
- EUROCLEAR
- CREST
- FAIL TO DELIVER SETTLEMENT
- FAIL TO RECEIVE SETTLEMENT
- COLLATERAL MANAGEMENT
- STOCK LOAN SETTLEMENT
- STOCK BORROW SETTLEMENT
- SETTLEMENTS
- CORPORATE ACTIONS
- MATURITY COUPON
- PERIOD FACTOR UPDATION
- RISK & COMPLIANCE MANAGEMENT
- ACCOUNTANTING & FINANCE TRADE SUPPORT US OPERATIONS
- PROJECT MANAGEMENT AND TEAMWORK
- BCP PLANNING AND EXECUTION
- Data validation
- SECURITIES CLEARING OPERATIONS
- PEOPLE MANAGEMENT (INITIAL)
- COMPLIANCES RISK AND REPORTING
- SQL QUERIES (JOINS, CTEs, STORED PROCEDURE, DATA VALIDATION)
- UAT, TEST CASE IMPACT BUSINESS ANALYSIS
Street
78 LIG Barra -3, Kanpur, India
Keyprocessskills
- ASSISTANT MANAGER - ASSET SERVICING
- Global Investment Banking
- Accounting & Reference Data / Static data Professional
- 8+ years of experience in Asset Servicing, Asset Corporate Reconciliation, Redemptions, Fixed income, Investment accounting, U.S. Capital market (Derivative)
- U.S. (Back office Operations) Backend Trade clearing services operations & Custody Transactions clearing operations
- US COUNTERPARTY
- STATIC DATA
- BLOOMBERG
- Understanding Project Management, Green belt, Lean Trained & Tested certified.
Timeline
AM(C10),REFERENCE DATA EXPERT (PRICING, CA, SETUP)
CITICORP FINANCE (INDIA) LIMITED
07.2022 - 12.2024
MANAGEMENT TRAINEE(B.A.), INVESTMENT ACCOUNTING
GENPACT
02.2020 - 06.2022
PROCESS ANALYST, CORPORATE ACTION (M&A SETTLEMENT)
BROADRIDGE FINANCIAL SOLUTION
08.2016 - 01.2020
CPT ( THE COMMON PROFICIENCY TEST )
ICAI
05.2011 - 06.2011