NEHA KUMAWAT
Mumbai
Overview
7
7
years of professional experience
Work History
JP Morgan Chase & co
Bengaluru
02.2024 - Current
- Served as a Senior Associate in Fund Accounting, overseeing complex fund operations across a variety of investment structures.
- Led South African fund onboarding, ensuring compliance with regulatory requirements, resolving custody and accounting breaks, and coordinating with stakeholders.
- Managed complex expense structures and capital stock (CapStock) deals, ensuring accuracy in NAV calculations and detailed financial reporting.
- Supported the execution of fund mergers, ensuring seamless transitions, data integrity, and adherence to reporting requirements.
- Administered corporate actions (COAC) and income event validation, guaranteeing precise processing of entitlements and distributions.
- Managed complex period-end processes and special distributions, ensuring timely and accurate cutoffs and comprehensive financial reporting.
- Collaborated with internal and external audit teams, providing necessary documentation, data, and resolution support during audits.
- Played a key role in stakeholder management, ensuring effective communication between internal teams, clients, and external parties for smooth operations.
- Actively involved in team handling, mentoring junior associates, overseeing workflow distribution, and ensuring efficient task execution.
- Contributed to process automation and efficiency initiatives, reducing manual intervention and enhancing operational processes.
- Recognized for strong leadership, analytical skills, and a proactive approach to problem-solving in high-pressure, deadline-driven environments.
Manager
CITI Group
Gurgaon
04.2022 - 02.2024
- Philippines based Insurance & financial service co -Transfer Agent change for fund order processing Function (Unlisted equities).
- Australian based Asset Management company- Onboarding of Trade capture Function (12 different instruments).
- Australian based Asset Management company- Onboarding of Fund order processing Function.
- Xceptor projects- Identifying & implementing data transformation opportunities in Middle office -Trade processing function.
- IBOR Change request for client reporting requirement & IBOR setups for Client onboarding.
- Creating estimates for the project and organizing resources including work breakdown structure, project plan and contingency plan & schedules and identifying risks within defined scope, quality, time and cost constraints.
- Effectively coordinating cross-functionally with key stakeholders to ensure operational efficiency.
- Identifying and assessing clients and resource requirements to formulate annual goals.
- Managing the entire range of operations and mitigating risks while ensuring compliance within stipulated parameters.
- Administering end-to-end portfolio of projects including budgeting, planning and execution of various programs.
- Implementing project plans within predefined budgets and deadlines; performing onsite and offsite tasks within a project, including the design, specification and integration.
- Updating project status and sharing any issues requiring risk mitigation or escalation with the Project Management team, including operations.
- Creating Business Requirement Document that was shared with operations and technology resources for the creation of Business/Project Proposals and system enhancements.
- Overseeing the onboarding of new clients, and ensuring the smooth transition of clients' systems and data, in projects of up to 18 months in duration.
- Liaising closely with client during the onboarding process, dealing with any queries on the new system, such as report format, process flow, SWIFT files, etc. and liaising with the IT department where required.
- Leading the project, working with up to 9 Business Analysts depending on project scope.
- Ensuring the project plan is followed, dealing with any issues arising day-to-day, and ensuring that clients and technology partners are kept informed of any progress.
- Implementing and interpreting change requests, performing an impact analysis on the request and feeding back to the client, and considering any possible workarounds.
- Liaising and consulting with external stakeholders such as technology vendors on the implementation of change requests.
- Identifying any issues or delays in project progress and reaching out to individuals to follow-up or escalate issues, and work closely with the Business Analyst to identify the root cause of any issues.
- Performing UAT and Production testing to identify potential problems prior to go-live.
- Facilitating presentations to clients during the onboarding process.
Associate
J P Morgan chase & co
Mumbai
02.2018 - 04.2022
- Managed the Money Market fund valuations and all its associated functions for the client, including daily accruals processing, daily income distributions and yield reporting.
- Managed NAV valuations for all sets of funds through the day as a part of the NAV valuation function, ensuring all pricing applied to various class of assets held, are accurate including all fair value pricing is applied as per client instructions and/or all deviations justified, all internally held assets are priced as per the correct hierarchy.
- Interacted with all processing utilities such are trades, income, corporate actions, Operations Service Delivery team and Oversight teams for a swift resolution to all issues identified during valuations and timely delivery of the NAVs.
- Along with the team, managed the technology and system enhancements and fixes required for the above processes, including UAT testing and production code drops.
- Ensured majority of circa 1500 breaks generated every month on account of margin and bank accrual interested are cleared by BD 8.
- Managing third party accrual accounts & payment of accruals, maintenance of tool to calculate to calculate accruals & involved in development of tool according to client needs & to make it effective.
- Financial reporting.
- Hedging & Divergence calculations on portfolio & share class level.
- Responsible for validation of Income, Corporate Actions of Mutual funds and ensured that all material income and corporate action events announced in the market are applied correctly by the announcement and capture teams.
- Validated and confirmed if all expense accruals and performance fees deviations flagging on the checks are in agreement with prospectus.
- Daily & Monthly Expense processing on funds.
- Daily & monthly Cap-stock processing on funds.
- Month end Distributions processing.
- Experience of Onboarding shariah mutual fund which is governed by Islamic law board.
Education
ASSOCIATE MEMBER (ACS) - Company Secretary
THE INSTITUTE OF COMPANY SECRETARIES OF INDIA
06-2017
ASSOCIATE MEMBER (ACA) - Chartered Accountancy
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
05.2017
Bachelor of Commerce -
RAJASTHAN UNIVERSITY
Jaipur, IndiaSkills
- Data validation
- Stakeholder management
- Project management
- Team leadership
- Client onboarding
- Risk assessment
- Audit coordination
- Regulatory compliance
- NAV calculations
- Fund accounting
Timeline
JP Morgan Chase & co
02.2024 - Current
Manager
CITI Group
04.2022 - 02.2024
Associate
J P Morgan chase & co
02.2018 - 04.2022
ASSOCIATE MEMBER (ACS) - Company Secretary
THE INSTITUTE OF COMPANY SECRETARIES OF INDIA
ASSOCIATE MEMBER (ACA) - Chartered Accountancy
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
Bachelor of Commerce -
RAJASTHAN UNIVERSITY
Similar Profiles
Lisa Olivia GrenviczLisa Olivia Grenvicz
Private Client Banker at JP Morgan Chase & Company (Chase Bank)Private Client Banker at JP Morgan Chase & Company (Chase Bank)
Taylor SimsTaylor Sims
Client Services Specialist & Associate Banker at JP Morgan Chase & Chase BankClient Services Specialist & Associate Banker at JP Morgan Chase & Chase Bank
Miranda GuerreroMiranda Guerrero
Associate Banker Market Expansion at Jp Morgan Chase ChaseAssociate Banker Market Expansion at Jp Morgan Chase Chase
Mahesh TelgadiMahesh Telgadi
Team Leader at JP Morgan Chase pvt LtdTeam Leader at JP Morgan Chase pvt Ltd
RANJEET KUMARRANJEET KUMAR
General Manager – Strategy & Growth at McDONALD’S INDIA (HRPL)General Manager – Strategy & Growth at McDONALD’S INDIA (HRPL)