Mahesh N Gowda

Fund Services Reconciliation

• Reconciled cash and stock between custody and accounting for multiple clients, raising inquiries for unknown custody wire with the client/stakeholder to identify the nature of the transaction.
• Reconciling CAPSTOCK, expense entries for custody, and accounting entries, and also performing break-based processing as and where applicable.
• Analyzed and raised client queries, escalating issues promptly after a thorough investigation using multiple internal and external sources, and raised queries with stakeholders for resolution.
• Perform daily tasks as per client requirements to facilitate smooth Net Asset Value (NAV) delivery.
• Worked on automation for cash reconciliation, matching, coding, and auto posting of breaks for multiple EMEA and WHEM clients.
• Reviewed teams, AI suggested posting, and performed post-processing checks to ensure the accuracy of posting on accounting, which is mostly break-based processing or client confirmation.

Control & Admin – Reconciliation

• Oversaw account setup, closure, and amendments, ensuring compliance and accuracy.
• Managed critical Chaser Code Static and CASS Reporting processes to uphold regulatory standards.
• Provided operational support for custody, IOO, and fund accounting businesses.
• Collaborated on audit requirements, ensuring adherence to industry regulations.
• Coordinated custody change events, managing transitions and updates effectively.
• Led migration of TLM to premier version, achieving seamless integration.
• Automated fund accounting reports in partnership with multiple brokers, boosting accuracy and efficiency.
• Directed annual recertification of Chaser codes, DPAD, and Service Delivery standards.

CAM - Client Account Management

• Oversaw Client Account Management team, ensuring seamless onboarding for clients on Equity platform.
• Managed account opening, maintenance, and SSI updates for new and existing clients.
• Collaborated with Clients, Sales Support, and Trading Desk to ensure efficient trade confirmations.
• Directed operations across APAC and EMEA regions, leading 3 Team Leads and 16 members to achieve performance goals.

Fund Services Middle Office (CFS MO) Fund Accountant

• Executed daily, weekly, and monthly fund reconciliations per broker and client instructions.
• Recorded journal entries, collateral margins, bank interests, fees, commissions, and adjustments in accounting system.
• Calculated daily profit/loss, unrealized gains/losses, total equity, and BPS impact on funds.
• Performed month-end reconciliation for trustees to ensure safe record-keeping between client and broker.
• Managed fund onboarding processes by organizing broker reports and addressing backdated trade activities.
• Delivered all funds punctually with thorough due diligence, obtaining Newton sign-off for compliance accuracy.

Reconciliations & Investigations

• Spearheaded branch setup projects within banking systems to enhance operational capabilities.
• Played a pivotal role in reverse migrating processes from TCS to DBOI, ensuring seamless transition.
• Participated in testing of 'DB Integrity' (TCS application) for Management Review Process and trained team members.
• Implemented control measures that improved process efficiency and mitigated risks effectively.
• Stabilized Management Review Process by introducing control checks, reducing turnaround time and improving outcomes.
• Managed reconciliations for Nostro Cash, Depot, and Internal Accounts across 11 Asia-Pacific countries.
• Elevated customer satisfaction scores from 35% to 85% through process enhancements and engagement strategies.
• Conducted monthly performance reviews and half-yearly assessments to monitor progress and drive improvements.