Monisha Udaya Sankar
Financial Analyst
Bengaluru,KA
Summary
Results-driven financial services professional with over 11 years of expertise in fund accounting, reconciliations, expense and waiver calculations, and regulatory controls within investment banking operations. Proven ability to enhance financial reporting accuracy and streamline processes for improved efficiency. Eager to embrace a new opportunity that fosters continuous learning, increased responsibility, and long-term growth while contributing to high-quality financial outcomes. Committed to leveraging extensive experience to drive impactful results in a dynamic team environment.
Overview
12
12
years of professional experience
Work History
Associate
JP Morgan Chase, Bangalore
09.2021 - Current
- Expense–Fund Accounting | NAV Operations
- - Led YTD Waiver Cap migration for 104 funds, transitioning from Daily to YTD model across year-end and historical data through a structured 4-phase implementation, supported by detailed documentation and handover.
- - Performed Accounting and Custody invoice processing, ensuring accurate expense recognition and alignment with budgeting controls. Also, performed cash & units reconciliations.
- - Supported global budgeting activities for US, EMEA, and Boston regions by managing fixed expense daily accrual rates based on original budgets and actual invoice payments.
- - Participated in UAT and JIRA testing for YTD Waiver and Budget process enhancements, validating data accuracy and process readiness prior to release.
- - Conducted cross-training and onboarding for team members on Capital Stock, YTD Waiver, and Budgeting processes to strengthen operational coverage.
- - Processed Capital Stock transactions across multiple regions (US, LUX, CAD, HK), ensuring compliance with regional and fund-level requirements.
Team Lead
Standard Chartered Bank, Bangalore
05.2018 - 09.2021
- Indian Mutual Fund Accounting | NAV Operations
- - Performed end-to-end D-day NAV operations for Indian Mutual Funds, delivering accurate NAVs by 9:00 PM on market close day, covering trade booking, reconciliation, NAV calculation, and controls.
- - Calculated and validated daily NAVs in both system and Excel, resolving variances and publishing final NAVs on AMFI in compliance with regulatory timelines.
- - Executed pre- and post-NAV checks including equalization, interest, amortization, TER validation, and surplus analysis to ensure accurate expense allocation and fund performance.
- - Booked and reviewed multi-asset trade transactions (Equities, Bonds, Futures, Forwards, TREPS, Repo, MFU, Margin FD, Spot contracts), performing quantity, price, cost, and interest validations.
- - Processed manual journal entries for cash reconciliation and ad-hoc events such as incentives, borrowings, TREPS activity, and country-specific requests.
- - Monitored liquid fund performance, validated returns, and executed daily dividend distributions, including inter-plan adjustments for subscription/redemption variances.
- - Supported regulatory, audit, and stakeholder requirements (Compliance, Financial Reporting, Auditors), including SEBI changes, new fund/share class launches, expense updates, and period-end support.
Process Executive – 9B
Societe Generale, Chennai
07.2017 - 04.2018
- CMA Process | Transition & PnL Controls
- - Supported CMA process migration from Bangalore to Chennai, ensuring smooth knowledge transfer, documentation, and stabilization of business-as-usual activities.
- - Performed Treasury Analysis, reconciling FO post-cash to Accounting to ensure accurate refinancing impact in both FO PnL and Accounting PnL.
- - Conducted daily PnL validation, ensuring all provisions and adjustments were accurately reflected across Front Office and Accounting books.
- - Executed transversal processes impacting GOP-level PnL, ensuring consistency and control across upstream and downstream systems.
- - Collaborated closely with Daily PnL, Treasury, and CMA teams to resolve breaks, support analysis, and maintain PnL integrity.
Senior Associate
BNP Paribas, Chennai
08.2014 - 07.2017
- Luxembourg Mutual Fund Accounting | NAV Operations
- - Performed end-to-end daily NAV operations for Luxembourg funds, covering trade booking, reconciliation, NAV calculation, and NAV controls.
- - Booked and validated multi-asset trade transactions including Equities, Bonds, Futures & Options, CFDs, Forwards, Spot contracts, and OTC instruments.
- - Executed cash, stock, and TA reconciliations, posting necessary journal entries to ensure accurate fund cash balances and portfolio positions.
- - Validated security pricing, dividends, coupons, and corporate actions, investigating exceptions using Bloomberg Terminal to prevent duplicate or incorrect postings.
- - Calculated and reviewed fund performance and crystallization fees, including fee setup validation for new fund and share class launches.
- - Performed comprehensive NAV control reviews, including share-class level NAV variance analysis, fee accrual validation, P&L and balance sheet review, and derivative/OTC position reconciliation with broker and client reports.
- - Authorized daily NAVs, resolved fund-level exceptions, and supported audit enquiries for annual financial statements while managing tight deadlines.
Education
Certified Investment Banking Operations Professional -
Imarticus Learning
Chennai01.2014
Company Secretary-ship (Final) - undefined
Institute of Company Secretaries of India
Chennai01.2013
Bachelors of Commerce (General) - undefined
Guru Shree Shanthivijai Jain College for Women
Chennai01.2012
Higher Secondary Certificate - undefined
Jaigopal Garodia Matric Hr. Sec. School
Chennai01.2009
Secondary School Leaving Certificate - undefined
Smt. Durgadevi Chodire Vivekananda Vidyalaya (CBSE)
Chennai03.2007
Skills
Attention to detail
Methodical approach
Solution-oriented approach
Driven and independent
MS office & Computer skills
Time management
Interests
Interest: Travelling, Mandala Artist
INTERN-SHIP EXPERIENCE
M.Damodaran & Associates | Role: Secretarial Trainee
- Process: Secretarial Compliances - Companies Act, Listing Agreement, RBI Compliances, etc.
- Listing Agreement: Preparation of Reconciliation of Share Capital Audit & report under Clause 41(c) and clause 35 of Listing Agreement
- Other Secretarial Works: Incorporation of Company, Compounding, Agenda, Notice & Minutes for General and Board Meeting, etc.
Timeline
Associate
JP Morgan Chase, Bangalore
09.2021 - Current
Team Lead
Standard Chartered Bank, Bangalore
05.2018 - 09.2021
Process Executive – 9B
Societe Generale, Chennai
07.2017 - 04.2018
Senior Associate
BNP Paribas, Chennai
08.2014 - 07.2017
Company Secretary-ship (Final) - undefined
Institute of Company Secretaries of India
Bachelors of Commerce (General) - undefined
Guru Shree Shanthivijai Jain College for Women
Higher Secondary Certificate - undefined
Jaigopal Garodia Matric Hr. Sec. School
Secondary School Leaving Certificate - undefined
Smt. Durgadevi Chodire Vivekananda Vidyalaya (CBSE)
Certified Investment Banking Operations Professional -
Imarticus Learning