Nitesh Ghorpade
Dombivali,MH
Summary
Dynamic professional with a strong foundation in portfolio administration and fund accounting, eager to contribute expertise in a challenging and supportive work environment. Committed to leveraging skills and knowledge to drive efficiency and deliver exceptional results. Passionate about continuous improvement and professional growth, focusing on achieving organizational goals while enhancing personal capabilities. Seeking opportunities that foster collaboration and innovation in the financial sector.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Associate
BlackRock
08.2024 - Current
- Performing QC checks and validation of FA data via QC controls, ensuring reliable data feeds to the BlackRock website.
- Ensured proper categorization, file consistency, and data alignment of FA data to support accurate reporting and controls.
- Performing Daily QC checks on Fees, Distribution, NAV per share, NAV prices & Yield data.
- Interacting with data providers to manage FA data, classify core and non-core FA files, and execute data migration to Snowflake.
- Maintaining incident log to track and resolve issues efficiently for overall QC process.
- Creating manual loaders and updating OGC for new share classes, ensuring accurate setup in Aladdin and publication on the BlackRock web platform.
Senior Associate
SS&C GlobeOp Financial services India private ltd
11.2022 - 08.2024
- Pre matching & settlement confirmation process with counterparties and prime brokers.
- Fails monitoring and liaising with counterparties in terms of partials and settlements.
- Daily cash and position reconciliation of funds, identifying breaks and escalating to relevant teams.
- Advice/response to enquiries received from counter parties, internal teams and prime brokers related to trades and securities movements.
- Checking accuracy of daily fail trades reason & raising it with counter parties.
- Contacting with trades regarding unmatched & fail trades needing escalation to avoid failing trades.
- Pre matching trades on SD-1 with counter parties or liaising with brokers for unmatched trades and missing instructions in market to ensure trades settle on settlement dates.
- Led cross-functional teams to streamline financial reporting processes and enhance accuracy.
Senior Analyst (Asset Management Division)
Nomura Services India private Ltd
09.2016 - 11.2022
- Performed Daily and Monthly cash and stock reconciliation with custody v/s accounting platform, carrying complete root cause analysis on breaks, following escalation matrix.
- Posted dividends, subscriptions, redemptions & custodian fees on accounting records.
- Performed reconciliation of daily P&L report for Seed & Pilot funds.
- Data management of portfolio: Asset setups (Equities, Fixed Income Bonds & Futures) and maintenance off security attributes such as country of issue, industry, currency and dividend/coupon rate on Bloomberg.
- Investigated and resolved discrepancies between the fund accounting books and custodian cash and securities accounts.
- Performed accruals checks for equities dividends, fixed income bonds and corporate actions in internal systems.
- Ensured all incomes, tax reclaim, coupon payments are processed in the systems which are paid out by the custodians.
- Interacted with Portfolio managers & Regional counterparts in UK & Tokyo on a daily basis.
- Experience in Process migrations from the onshore location to Offshore.
- Worked on monthly presentations, MIS & weekly meetings on a regular basis with regional counterparts.
- Implemented process improvements that reduced turnaround times for critical deliverables.
- Collaborated with cross-functional teams to identify areas of improvement, leading to increased operational effectiveness.
Education
MBA - FINANCE
Bedekar Institute of Management Studies
Mumbai, India01.2016
T.Y.B.Com - Accounting And Finance
Birla College
Mumbai, India01.2014
H.S.C - Commerce
Birla College
Mumbai, India01.2011
S.S.C -
Model English High School
Mumbai01.2009
Skills
- Proficient in MSCIT, DTP, and Tally ERP 90 applications
- Experienced in Word, Excel, and PowerPoint
- Effective leadership skills
- Effective team contributor
- Fund accounting proficiency
- Reconciliation process management
- Proficient time management
- Punctual and trustworthy
- Adaptability in dynamic environments
Certification
NISM - Series VIII : Equity Derivatives Examination - SEBI
Timeline
Associate
BlackRock
08.2024 - Current
Senior Associate
SS&C GlobeOp Financial services India private ltd
11.2022 - 08.2024
Senior Analyst (Asset Management Division)
Nomura Services India private Ltd
09.2016 - 11.2022
MBA - FINANCE
Bedekar Institute of Management Studies
T.Y.B.Com - Accounting And Finance
Birla College
H.S.C - Commerce
Birla College
S.S.C -
Model English High School
Internship Experience
- Worked as an Intern in Share khan Ltd with handling Clients database and Trading on their Investments for 3 months.
- Worked as a Relationship Manager for Equities in HDFC securities for 3 months.
Declaration
I hereby declare that the above-mentioned information is correct up to my knowledge and I bear the responsibility for the correctness of the above-mentioned particulars.