NITESH BEPARY
Summary
Seeking a challenging and responsible position in Risk Management where abilities, education, and experience will have valuable application. Position should provide an opportunity to continue growth and advancement. SUMMARY Qualified MBA Finance (CFA Level 2 Candidate) with over 13 years of rich experience in Hedge Fund NAV Calculation, Risk Management. Strong quantitative skills required including academic background in mathematics, statistics, Have Cleared CFA Level I & currently pursuing CFA Level II (International CFA) from AIMR (US) Proactive approach to problem solving, analytical mind and excellent attention to detail, coupled with the ability to work reliably when under pressure Ability to work with large data sets is preferred Strong knowledge on financial products like Equities, Bonds, FX, Futures, options, Swap, CFD, IRS, TRS, CDS, CDX, MBS etc. Having good Knowledge of Basel Capital ratios. Ability to understand business needs, diagnose performance issues, and develop recommendations through combination of data analysis and business critical thinking Sound Knowledge on Credit Risk, Market risk, Counterparty Risk, Basel norms, Value at risk Good understanding on Credit Analysis models Strong Knowledge of Advance excels, MS-Access, VBA & having good analytical skills Strong Knowledge of Asset Classes like Bond, Equity & having good knowledge on Derivatives Hands on experience of query writing in SQL, Python Good knowledge on Monte Carlo Simulation. Expert in handling exceptions and escalate the things and get the resolution. Facilitating training to new joiners and preparing of SOP’s. Hardworking and passionate job seeker with strong organizational skills eager to secure entry-level [Job Title] position. Ready to help team achieve company goals. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
15
15
years of professional experience
1
1
Language
Work History
Lead Analyst
BNYM Mellon India Pvt. Ltd
Pune
07.2017 - Current
- EMEA Hedge fund accounting
- Roles & Responsibilities:
- Responsible for reviewing the Daily/Weekly/Monthly NAV for the funds and release NAV to different Stake holders
- Conduct statistical analysis to evaluate risk/NAV Impact
- Automation of Manual tasks in the Process
- Coordinates efforts between Risk Management and the Business Units on the resolutions of exception/exposure items and prepare responses on senior management inquiries
- Analyzes business processes, procedures, and information requirements to resolve problems and improve the efficiency of the Group
- Develop strong working relationships with business partners
- Ability to work with large data sets is preferred
- Book all activities in Geneva such as Cash payments, Cash transfers, month end interest, Commissions, PB fee, Stock loan fee, CFD interest
- Validate the trade impacts on fund
- Validate the securities prices with Bloomberg, which has huge movement and impact on the fund P&L
- Post-performance fee accruals
- Calculate the NAV of the fund and send the NAV sign off to oversight team
- Interact and partner with cross functional teams to ensure smooth and timely completion of activities and facilitate knowledge transfer
- Respond to the Internal/external audit queries
- Work on new fund launches and make sure fund launched without any issues.
Treasury
BNY Mellon India Pvt Ltd
Pune
11.2008 - 06.2017
- Reconciling the Bank Statement for Client money of all Barclays & HSBC account on Daily basis
- Dealing with reconciliation of Equity accounts, Bonds
- Daily Calculation of Client money account in excel
- Record keeping of Critical Client money account
- Posting General ledgers & Cash Transfers across various account on daily basis
- Reconciling the Cash position on daily basis on TLM (Transaction Lifecycle management) Software
- Doing Data Analysis for all risk & errors occurred on a weekly basis
- Root cause analysis of the errors on a weekly basis & implement the Controls to reduce the occurrence of same errors in future
- Accountable to cross checks all the Critical accounts to identify the Breaches & Errors
- Responsible for streamlining procedures and preparing the update log for Smooth Operations
- Dealing with Internal as well as External reconciliation of Equity accounts
- Completion of every task within the timeframe taking deadlines into consideration
- Statistical analysis of the Errors data & Implement the Controls to minimize the errors.
Education
Chartered Financial Analyst Certification (Level II) -
AIMR
International CFA, US - undefined
MBA - Finance
ICFAI University
Bachelor of Computer Science - undefined
Nagpur University
Skills
Developed effective controls in the process to reduce the no of errors & to mitigate the riskConceptualizing & effectuating training & development initiatives for improving Team members productivityHighlightsPlayed a key role in the Successful migration of 2nd line Investigation of Critical client money accounts in Pune locationSuccessfully done the transition of transfer agency process from pune to chennaiGiven Process improvement ideas which is implemented & improved the process drasticallyPlayed a key role in Errors minimization in the process & get awarded as BEST Employee of the QuarterAppreciation received from Onshore Team for Excellent Understanding of the process & reducing the Errors & risk in the processIT SKILLSAdvance Excel Knowledge, SQL, VBA, Oracle, Ms-Access, Internet MS-Office, Lotus Notes
Accomplishments
- Have participated in HCL Talent Hunt Exam Conducted in Pune
- Represented College at District level for Quiz Competition held by Ranger College
- Successfully Completed training on Six Sigma (White belt)
- HOBBIES
- Books Reading, Research, Gaining IT Skills
- Upgrading Knowledge, Playing Cricket.
Additional Information
- AWARDS AND HONOURS , Have received employee of the Quarter Award for Outstanding Performance, 2013." Received R&R Performance Award. 2nd Position in HUNT FOR BILL GATES (IT) CHALLENGE, ICFAI National College (Management Fest 2006). 1st prize in quiz based on wild life (Tadoba Sanctuary)
Timeline
Lead Analyst
BNYM Mellon India Pvt. Ltd
07.2017 - Current
Treasury
BNY Mellon India Pvt Ltd
11.2008 - 06.2017
Chartered Financial Analyst Certification (Level II) -
AIMR
International CFA, US - undefined
MBA - Finance
ICFAI University
Bachelor of Computer Science - undefined
Nagpur University