Rahul Chandrakant Pokale
Pune
Summary
Accomplished Senior Fund Administrator at Bank of New York Mellon, adept in Excel and fostering teamwork, significantly enhanced fund performance through automation and strategic fund migrations. Demonstrated expertise in financial data analysis and investment analysis, ensuring precision in NAV preparation and fund valuations. Proven track record in leading teams to exceed management expectations without compromising accuracy or accountability.
Overview
17
17
years of professional experience
Work History
Senior Fund Administrator
Bank of New York Mellon (India Operations)
04.2016 - Current
- Manage day-to-day operations of both daily valuation and Wealth Management funds with precision and expertise
- Evaluate and optimize the performance of every team member, providing insightful feedback during monthly, midyear, and year-end meetings
- Prepare polished and insightful files for management and reporting purposes that display the team's exceptional performance and expertise
- Ensure complete accuracy and accountability by generating comprehensive reports for management, including daily, weekly, monthly, and yearly sign-offs
- Facilitate smooth and efficient migrations of funds and applications into the team, leveraging keen attention to detail and a strong understanding of the investment landscape
- Harness the power of automation to minimize manual intervention and prevent errors, implementing cutting-edge solutions that enhance team performance and drive better results
- Foster a culture of continuous learning and growth by conducting regular error review sessions, daily hurdle sessions, VMBS sessions, and other learning opportunities that elevate the team's process and product knowledge
- Collaborate closely with other teams to ensure seamless alignment of processes and accurate records that meet rigorous audit standards
- Ensure seamless coverage of responsibilities during team member absences by assigning cross-training opportunities that build depth and resilience
- Make sure to complete cross regional recovery set by management
- Fund administration for wealth management fund, collective funds, money market funds and mutual funds for US jurisdiction
- SME for funds, fund migration, fund review (NAV validation) resolving queries, preparation of SOPs, trainings, best practices implementation, automation and client reporting
- Preparation and validation of daily recons and saving important ad-hoc documents for client's review and audit purpose
- Providing training on different set of funds to other team members which help to make allocation when someone on leave
- Identify exceptions and problems affecting daily process and frequent escalations, communicating it with management and assisting in their resolutions
- Excellence in NAV preparation and review, Fund transition & Migration, SunGard Invest One enterprise, Excel
- Capital shares, cash, stock, income and FX reconciliation with fund manager, prime brokers, custody and transfer agency
- Ensuring all income and expense accruals accounted and validated
- Accountable for all corporate action, realize Gain/Loss and unrealized Gain/Loss
- Validating portfolio price movements including stale/ static pricing
- Reconciliation of Assets with Custodian
Senior Associate
State Street Syntel Services Pvt Ltd.
12.2010 - 03.2016
- The primary role of PORTFOLIO VALUATIONS is to calculate of the NAV
- This includes the following tasks:
- Verifying all corporate action trades & income booked correctly accounting
- Ensuring that holdings and cash are correctly accounted for, by performing cash and holdings reconciliations to the Investment Manager
- Confirming all price movements which breach previously set tolerances to an external source such as Reuters or Bloomberg
- Send completed reports to the Investment Manager for approval
- Maintaining the records of Cash and Stock balances on day to day basis which consists of performing CREU( Cash Reconciliation Exception Update), Stock Reconciliation & EOD(End of Day Cash Balances) i.e
- Accounting with Custody
- Reconcile the futures & options with the broker statement & also the prices reflected on accounting are legitimate with the Investment Manager
- Providing client with the monthly valuation of the NAV of their Portfolio which helps them to know their current position of holdings, cash and which in turn helps their futuristic decisions of investments
- Understanding and effectively managing risks through timely and accurate escalation of key issues
- Reconciliation of Investment manager data with State Street data ( Equity , Cash , futures & Option , Stock, prices Reconciliation)
DATA ANALYST
CMC LTD
06.2009 - 12.2010
- Working in Front Office in A/c Closure, A/c Modification Dept
- Making entry of a/c closure, a/c modification, checking entry of a/c closure, a/c modification
- Receiving DIS from branch through fax, making entry (maker) of DIS Checking (checker) of DIS, Generating reports of CDSL & NSDL
- KYC of a/c opening forms, Enter data in system (maker)
- Recd
- Calls regarding a/c opening, mapping, A/C Closure, A/C Modification, DRF, Holdings etc
- Handle DP SECURE Software & Internal SBIDT Software
- Filling Of DIS (Original DIS Attach To Xerox Of DIS)
Dealer (Secondary Market)
INDIA INFOLINE LTD.
05.2008 - 06.2009
- Operating ODIN Terminal (buying & selling of Shares on customer instruction)
- Billing & ledger process (trial balance, client holding) from internet
- Pay In & Pay Out, Maintaining Sauda Book
- Handling settlement and clearing of securities
Demat (Executive)
Sykes & Ray equities (I) ltd
12.2007 - 05.2008
- Total Experience of about 5 Months in DMAT (Executive) with Sykes & Ray equities (I) ltd
- Checking statement of stock holdings & cross statement
- Giving BSE & NSE Payout
- Giving Weekly Payout on Saturday
- Daily pay-in, pay-out & early pay-in securities
Education
T.Y Bcom -
Mumbai University
01.2007
HSC -
Mumbai, Maharashtra State Board
01.2004
S.S.C. -
Mumbai Board
01.2002
Certification - NCFM capital market (Dealers) Module
Skills
- Multitasking Abilities
- Excel proficiency
- Ms Excel
- Teamwork
- Communication skills
- Time management
- Inventory verification
- Problem-solving abilities
- Financial statement analysis
- Profits and losses tracking
- Self motivation
- Teamwork and collaboration
- Financial data analysis
- Investment analysis
Languages
- English
- Hindi
- Marathi
Personal Information
- Date of Birth: 03/31/87
- Gender: Male
- Nationality: Indian
Summary
10 years, Bank of New York Mellon (India Operations), Senior Fund Administrator
Timeline
Senior Fund Administrator
Bank of New York Mellon (India Operations)
04.2016 - Current
Senior Associate
State Street Syntel Services Pvt Ltd.
12.2010 - 03.2016
DATA ANALYST
CMC LTD
06.2009 - 12.2010
Dealer (Secondary Market)
INDIA INFOLINE LTD.
05.2008 - 06.2009
Demat (Executive)
Sykes & Ray equities (I) ltd
12.2007 - 05.2008
T.Y Bcom -
Mumbai University
HSC -
Mumbai, Maharashtra State Board
S.S.C. -
Mumbai Board
Certification - NCFM capital market (Dealers) Module
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