Rakesh Paniker
Bangalore
Summary
Multi-talented business leader bringing several years of experience as successful project management and transformation professional. Strategic problem solver and change manager. Visionary executive implements plans that meet current and future needs.
Culturally-sensitive and ethical professional with demonstrated success in developing and implementing optimized solutions. Versatile leader recognized for driving results in collaborative, inclusive manner.
Overview
18
18
years of professional experience
Work History
Vice President, Client Integration Team, Products
Citco LLP
Hyderabad
01.2023 - Current
- Manage a team of PM's and BA's to manage the migration of clients from the legacy platform to target platform from design of the migration process and execution.
- Based on each iteration, create a sprint plan that enables teams to run various pilot testing, regression testing and scenario testing.
- Define migration framework and create run book.
- Work together with core to discuss migration plan, sprint plan, and build releases.
- Understand the current operating model to work on and create the target operating model.
- Tracking of status, progress, and deadlines. Maintain Raid log.
- Actively manage operational risk reporting on status reports and key development issues to project sponsors, stakeholders, and Program Management.
- Manage team of PM’s to provide governance and reporting for MO Transformation.
- Build out data sets and dashboard.
- Recruitment, Training and Development.
- Create objective setting for the team members based on the designation.
- Completion of Appraisals for the Team.
Self Employed
Kuebiko Analytics and Consulting
Bengaluru
01.2022 - 09.2022
- Secondary market research for real estate and finance companies.
- Data remediation and process improvement.
- Data collection, integration, cleansing, analysis and presentation.
Functional Application Manager - Product Development and Application Management
Intertrust Group
Bengaluru
12.2019 - 01.2022
- Work with development team and product owner on application enhancements and improvements.
- Create and update documents based on any changes for internal use.
- Work with the roll out team to ensure projects are managed for roll out of the application across locations.
- PoC for any Queries on the application from stakeholders across locations.
- Manage internal client Queries and tickets.
- Liaise with business as and when clients have Queries.
- Create, manage and update internal documents for the systems.
- Presentation on the application to internal and external stakeholders.
Manager - Data Quality Team - Projects and Transformation
Intertrust Group
Chennai
12.2019 - 01.2022
- Manage Data Quality team to run various transformational, data remediation and cleansing, regulatory and compliance projects for multiple jurisdictions
- Managed a Data Quality team responsible for data remediation, processing regulatory filings, and compliance projects in Delaware, Cayman Islands, Curacao, Dubai, Hong Kong and other jurisdictions.
- Oversaw submissions of FATCA, BOR and Economic Substance Returns for over 1,000 entities
- Manage project leads working on multiple data remediation and migration projects.
- Managed the data migration from the Entity management tool to the client facing tool by working with the corporate services teams across jurisdictions.
- Work closely with project stakeholders, business heads and liaise with other teams to ensure completion of project.
- Understanding the Project requirement, planning the resources, estimating the cost of the project, and then presenting to management.
- Participate in all the stakeholders meeting and ensure complete understanding of the project as per the business requirement.
- Understand the process and train the team to undertake the completion of the project.
- Create process documents, process flows and decision trees
- Maintain and presentation of monthly reporting.
- Monthly and Quarterly 1 to 1 with team members.
- Create objective setting for the team members based on the designation.
- Completion of year-end Appraisals for the Team.
Manager - Head of Client Implementation and Transitions
Middle Office, Asset and Fund Services, B.P Paribas
Chennai
11.2015 - 11.2019
- Manage Client Implementation team in Chennai and Mumbai to service Australia, Singapore, and UK.
- Handle new Client take on, new portfolio take on, Portfolio restructures, Account closure and Client Exit projects
- Manage project log, Raid log.
- Create run book and project trackers.
- Work closely with project managers and liaise with other teams to ensure completion of project.
- Understanding the Project requirement, planning the resources, estimating the cost of the project, and then presenting it to management.
- Participate in all the stakeholders meeting and ensure complete understanding of the project as per the client requirement.
- Create work procedures and process flows.
- Maintain and presentation of monthly reporting.
- Monthly and Quarterly 1 to 1 with team members
- Create objective setting and manifests for the team members based on the designation.
- Completion of year-end Appraisals for the Team.
Technical Coordinator, Financial control, Hedge Fund Services
Northern Trust
Bengaluru
08.2012 - 11.2015
- Troubleshooting and provide process expertise.
- Preparation of daily work allocation, supervision, review and end sign off to client.
- Part of the Audit Working Group for the Financial Control team, which provides support and insight to better perform activities done during the year-end Financial statement preparations.
- Testing new systems to book adjustment entries.
- Run close package to maintain Balance sheet, Income statement and other schedules.
- Book Operating expenses and other journal entries.
- Weekly checks to ensure all the trades executed and journal entries booked are correct and General ledger is matching.
- Liaise with Investor allocations team to book Management and Performance fees.
- Prepare Financial Statements for various funds on a Quarterly and yearly period.
Senior Process Associate, Fund Admin-Fund of Funds
TCS EServe International Ltd
Chennai
11.2010 - 08.2012
- Calculate NAV on a monthly basis for different Hedge Funds and Fund of Funds.
- End to end process includes booking Capital Subscription and Redemption, Trades- Buying and Selling of Investments.
- Booking expenses and incomes for the month
- Cash reconciliation based on bank statements
- Pricing of Investments on a monthly basis.
- Calculation of Admin and Management Fees
- Booking Operating expenses etc.
- Maintain work papers and live files for easier understanding of the End Client.
- This included maintaining the file contain investor allocation, subscription and redemption.
Senior Process Associate, Hedge funds Middle Office
TCS EServe International Ltd
Chennai
11.2010 - 08.2012
- Cash, Position, Base market Value, LTC and Bank Debt reconciliations
- Booking of inter account transfers and expense.
- Maintain Close packages for Client on Daily and monthly basis.
- Corporate actions like booking of Dividends.
- Transition and onboarding new client.
Education
Post Graduate Program AIML - Artificial Intelligence And Machine Learning
Great Lakes
09-2024
Post Graduate Diploma in Financial Planning -
International College of Financial Planning
Chennai01.2010
Bachelor of Commerce (BCom) -
Patrician College of Arts and Science (Madras University)
Chennai01.2005
HSC -
Santhome Higher Secondary School
Chennai01.2002
SSC -
Santhome Higher Secondary School
Chennai01.2002
Skills
- Projects
- Transformation
- Managing people
- Leadership skills
- Stakeholder management
- Excellent communication skills
- Resource allocation
- Recruiting and interviewing
- Presentations
- Metrics tracking
- Strategic planning
- Corporate Services
- Fund accounting
- Middle Office
- Reconciliations
- Client onboarding
- Data migration
- Data cleansing and remediation
- Power BI
- Qlik Sense
- Smartsheet
- Excel
- Word
- PowerPoint
- Visio
- Prince2 Agile
- Certified SAFe Agilist
- Certified Scrum Product Owner
- Lean Six Sigma Black Belt
- Basics in Data Science
- AIML
Timeline
Vice President, Client Integration Team, Products
Citco LLP
01.2023 - Current
Self Employed
Kuebiko Analytics and Consulting
01.2022 - 09.2022
Functional Application Manager - Product Development and Application Management
Intertrust Group
12.2019 - 01.2022
Manager - Data Quality Team - Projects and Transformation
Intertrust Group
12.2019 - 01.2022
Manager - Head of Client Implementation and Transitions
Middle Office, Asset and Fund Services, B.P Paribas
11.2015 - 11.2019
Technical Coordinator, Financial control, Hedge Fund Services
Northern Trust
08.2012 - 11.2015
Senior Process Associate, Fund Admin-Fund of Funds
TCS EServe International Ltd
11.2010 - 08.2012
Senior Process Associate, Hedge funds Middle Office
TCS EServe International Ltd
11.2010 - 08.2012
Post Graduate Program AIML - Artificial Intelligence And Machine Learning
Great Lakes
Post Graduate Diploma in Financial Planning -
International College of Financial Planning
Bachelor of Commerce (BCom) -
Patrician College of Arts and Science (Madras University)
HSC -
Santhome Higher Secondary School
SSC -
Santhome Higher Secondary School
Similar Profiles
ASHRITHA GOUDASHRITHA GOUD
Banking KYC Officer at Citco LLPBanking KYC Officer at Citco LLP
GOURAV KUMAR MOREGOURAV KUMAR MORE
AVP at CITCO LLPAVP at CITCO LLP
Mohammed AmerMohammed Amer
Fund Analyst at Citco LLPFund Analyst at Citco LLP