Mythily Senthilkumar
Coimbatore,India
Summary
Fund administration expert with a strong background in NAV calculations and trade operations. Over 6 years of experience in middle and back office functions, specializing in fund accounting and hedge fund reconciliations. Demonstrated ability in handling daily, weekly, and monthly reconciliations, including interest accruals and corporate actions. Proven track record in managing fund transitions from State Street, Ireland.
Overview
9
9
years of professional experience
Work history
Assistant manager
BNP Paribas
Chennai, India
2023.11 - Current
- Independent delivery of accurate and timely NAVs for hedge funds – with extremely high volume and very high complexity of equities, bonds, future, options, CDS, EQS as holdings
- Cash and position reconciliation of accounting vs PB and 3-way with resolution of breaks
- Performing Income reconciliation (dividends and interest)
- Manual Pricing and Pricing Review
- P&L review and Tolerance checks
- Fees accrual, management and performance fee calculation and booking
- Capital bookings and reconciliation with Investor services system reports
- TB tie out and compiling NAV pack & review hedge fund NAVs
- Having a deep working knowledge of asset classes like equities, bonds, futures, options and swaps
- Experience in Advent Geneva system and VU Recon Applications.
- Identifying the staff training requirement & ensure all the necessary training has been provided to the team members to perform the relevant tasks.
- Conducting Daily Team huddles, Weekly Team meetings.
- Develop SMEs and ensure that, the Back-up management tool is in place for all the team members.
Senior process executive
Cognizant Technology Solutions
Coimbatore, India
2021.09 - 2022.06
- Coordinated with client service teams and clients directly to ensure seamless cash delivery and operational efficiency.
- Maintained accurate records and reports for full compliance with regulatory and audit requirements.
- Processed incoming and outgoing domestic/international wire transfers, verifying details for timely settlement.
- Reconciled cash positions across multiple accounts and systems, ensuring daily accuracy and integrity.
- Conducted system testing for change control enhancements and process improvements.
- Assisted in preparing Operating Models, Service Level Agreements (SLAs), and Key Performance Indicators (KPIs).
Senior Analyst
State Street Hcl Services Limited
Coimbatore, India
2017.04 - 2020.09
- Reconciliation of daily cash and position between multiple prime brokers and maintaining accounting records for multiple currencies.
- Supporting Daily, Weekly, and Monthly GAV/NAV preparation for assigned portfolios.
- Pricing of Portfolio Products- Equity, Futures, Options, CFD’s and Swaps.
- Amending all cash and position related discrepancies like trade price, quantity, commission, accrued interest and saving Bloomberg backup for trade and interest related breaks for NAV reference.
- Booking all accruals and payments on a daily/monthly basis.
- Booking activities in Hedge Fund Accounting Software such as Cash payments, Cash transfers, Investor Subscription/Redemption, various Fees such as Admin fee, Management fee, incentive fee, Custody fee and Interests/Coupon adjustments.
- Good exposure in dealing with various asset classes like Equities, Bonds, Repo, Futures, Options, Foreign Exchange and Swaps.
- Proficient in accounting software tools like ERF, IGLS NAV and ERP provided by the client to deliver the fund within the deadline.
- Experience in using Bloomberg Terminal for searching information on Corporate Actions, and verifying coupon accruals for bonds and Prices for securities.
- Participating in AIFMD call to discuss about aging breaks.
Education
Bachelor of Commerce - with Computer application
PSGR Krishnammal college of arts and science
Coimbatore, Tamil Nadu 2013.06 - 4 2016
Skills
- NAV Pack Preparation including Expense processing
- Reconciliation (Custody Cash & Position and IM Vs Fund Accounting & Transfer Agent)
- Good understanding of various debt market products like Bonds, ABS/MBS and Bank loans
- Hands on experience in various OTC products like Forwards, Swaps and Other Derivatives
- Good knowledge on Trade life cycle management
- Bloomberg terminal usage
- Team handling
Work referance
Mr. Mohmed Bazeer,
State Street HCL services,
Manager,
Coimbatore, India
+ 91 9952013818