NIKHIL WADHWANI
Financial Analyst
Summary
Highly motivated and goal-driven Financial Analyst skilled in collecting, monitoring and studying data to analyze financial status and recommend business strategy. Experienced in qualitative and quantitative analysis, contract management and forecasting. Tech-savvy in use of spreadsheets, accounting and financial management software.
Overview
7
7
years of professional experience
Work History
Assistant Manager
Enfusion Systems
02.2021 - Current
- Develop Project structure Using Clients Requirements such as Scope, Processes, Alternative and Risks
- Analyzing client's business requirements and process through Weekly calls or Document analysis
- Identify and Reconcile errors in client data to ensure accurate business requirement
- Draft and maintain business requirement and align them with functional and technical requirements
- Understanding Client's needs through Business Requirement Documents and the functionality to fulfill those needs through Functional Requirement Documents
- Calculating Cost in Base and Local currency, Calculating Market value in base and local currency, calculating Unrealized gain or loss
- Creating reconciliation in Enfusion System to check if position and reported position tie out with each other for baseline as well as catch up months
- If not, then amending the same to match client's value
- Reconciling NAV that gets generated in Enfusion system vs Client's NAV pack
- Liaising with Implementation team for setup related issues such as Account setup, Counterparty setup etc
- Calculating Market value and unrealized value for derivative and Fixed income products such as Swaps, Bonds, Futures etc
- Sending Updates to client on the migration project on a weekly basis on mails or Calls
- Performing UAT's before submitting the system to client that is the Go live date
- Maintaining weekly MIS and providing updates on weekly calls.
ANALYST
NOMURA SERVICES INDIA PRIVATE LIMITED
03.2017 - 09.2020
- Reconciling of Derivative products both Listed and OTC for US Region
- Reconciling of Different systems, Front office with Back-office systems
- Calculating monthly Cash flows for each reset dates for Options
- Sending Daily, Weekly and Monthly MIS across regions
- Settling trades that are failing to settle by getting in touch with the external settlement team
- Reconciling of FO systems for OTC products based on basic trade matching parameters
- (Trade date, Price, Settlement Amount, Product Name, schedule on Equity and floating leg) Responsible for getting the amendments done from region for the trades that are breaking on our reconciliation platform for products like Listed Options, Stock, Futures, Swaps, IRS etc
- Validating the Amendments made in all systems through trader mails, Term sheets, Signed confirmations, Bloomberg etc
- Escalating Trades that are highly aging on our reconciliation platforms
- Working on Enhancements and assisting Tech team for automating processes
- Referring Market data system like Bloomberg for daily BAU, for calculating past cashflows during expiries.
ASSOCIATE
THE ROYAL BANK OF SCOTLAND GROUP
- 03.2017
- Handling of RBS and NATWEST mortgage cases with two different methods such as RBSIP and WORKLIST
- Ensures the overdue mortgage cases are getting executed without time breach
- Responsible to take care of different types of mortgage cases with different parameters
- Instructing different valuation types and charging valuation fees for mortgage cases
- Responsible for checking the quality of team across all locations
- Entering the applicant details into the system (GMS), then check whether the applicant is eligible for the loan amount required, if the applicant passes the loan amount criteria than processing the case further and collecting the valuation fees.
Education
MBA - Finance
Dr D.Y. Patil School of Business Management
Mumbai 04.2001 -
Bachelor of Commerce - Commerce
V.E.S College of Arts, Science & Commerce
Mumbai 04.2001 -
HSC - Commerce
GURKUL COLLEGE, GHATKOPAR
Mumbai 04.2001 -
SSC -
I.E.S.s SCHOOL, MULUND
Mumbai 04.2001 -
Skills
Net Asset Value Calculation
Proficient in MS Office (word, excel and PowerPoint)
Private Equity Accounting
Balance Sheet Analysis
Hedge Fund Accounting
Derivatives Accounting
Fixed Income Securities
Accounting Software
Ability to organize a heavy workload with competing deadlines
Projectshandled
- Study of Derivatives - Dec 2014
- Business plan - Jan 2014
Languages
English
Bilingual or Proficient (C2)
Hindi
Advanced (C1)
Sindhi
Intermediate (B1)
Marathi
Intermediate (B1)
Disclaimer
I hereby declare that all the information given above is true and correct to the best of my knowledge and belief.
Additional Information
Have worked on Nomura internal software for Reconciliation , Enfusion Software for Position reconciliation and NAV tie outs. Also have worked on several Fund admin reports from SS&C (Geneva), Northern Trust, Apex, Citco, etc.
Timeline
Assistant Manager
Enfusion Systems
02.2021 - Current
ANALYST
NOMURA SERVICES INDIA PRIVATE LIMITED
03.2017 - 09.2020
MBA - Finance
Dr D.Y. Patil School of Business Management
04.2001 -
Bachelor of Commerce - Commerce
V.E.S College of Arts, Science & Commerce
04.2001 -
HSC - Commerce
GURKUL COLLEGE, GHATKOPAR
04.2001 -
SSC -
I.E.S.s SCHOOL, MULUND
04.2001 -
ASSOCIATE
THE ROYAL BANK OF SCOTLAND GROUP
- 03.2017