Ranjit Das
Chartered Accountant
Mumbai
Summary
Experienced Senior Associate driven to optimize processes and streamline operations for team efficiency. Decisive leader with an analytical and flexible approach to solving problems.
Overview
18
18
years of professional experience
7
7
years of post-secondary education
Work History
Senior Associate, CIB (SS) Client Analytic
JP Morgan Services India Ltd.
01.2022 - Current
- Preparation of Asset and Nav extract (volumes for CTS)
- Work with demand mangers for finalizing the volume /Rate changes for various products
- WCP Load for booking(allocation of expenses) the expense for the month/ quarter
- Reporting and providing signoff of expense position for the Month
- Recons for all the products
- Business champion for the team to handle the UTS and IAS for the team
- Achievements: Partnered with technology to prepare the Alteryx model to automate the Asset and Nav extract which would save roughly 350 Hours per annum.
Senior Associate, Treasury CIO and PE FP&A
JP Morgan Services India Ltd.
03.2017 - 12.2021
- Forecasting and analyzing CIO/Treasury FX PL for weekly, Monthly, Quarterly and FNR reporting
- Liquidity Reporting for Start of Day and End of Day
- Identify and understand any significant variance from budget/forecast and provide general financial update to Corporate Planning & Analysis and CIO senior Management
- Perform strong checks on regulatory submissions like CCAR, ICAP, & Risk Appetite
- Press Release and Quarter end reporting support and analysis
- Achievements: Partnered with technology to prepare Macros to validate and perform QA on the CCAR / ICAP/Risk Appetite submission which would save at least 300 man-hours
- Preparation of enhance charter for the teams activities
- Enhanced the checks and balances for FX reporting improving the accuracy
- Partnered with technology to Create a Macro to prepare the Weekly FX forecast within minutes which would save 150 hour annually and does the threshold checks from a controls perspective
- This macro also enables the team to be on a path to real-time reporting of FX forecast on tableau.
Senior Associate, Whole sale Credit Risk Reporting
J.P Morgan Services India Ltd.
- Heading the Credit risk reporting BAU (Mumbai) team
- Responsible for Deliverables for RISK BCC Reports for month end to Senior management
- Responsible for Delivering the Weekly and daily BAU Metric reports
- Project Management For Automation and Rationalization of report inventory
- Overview the Controls in the Metrics reporting for accuracy
- Currently managing 2 people to deliver the above functions and indirect reporting of 2 others
- Achievements: Saved roughly 123 hours per month on reporting through automation projects
- Conducted the report recertification and rationalization of inventory and helped reduce the inventory of reports from 93 to 58
- Partnered with technology to create an audit trail for STP Reports to manage any deliver failure.
Associate, Custody valuation and Management reporting CIB F&BM
J.P Morgan Services India Ltd.
- Pricing portfolio on a weekly & monthly basis along with scrubbing procedures & tolerance checks & researching on un-priced / mis-priced securities
- Resolution of pricing enquiries & challenges posed by various other divisions like risk, sales etc
- Optimized valuations by testing automated valuation rules, utilizing additional vendors, evaluated pricing, client-supplied pricing & tolerance checks
- Making weekly management report & frequent ad-hoc reporting as required
- Participation in database management that houses Asset Under Custody (AUC) incl
- Data management, lifecycle development, training & documentation, identification & automation tools within & around the database
- Assistance in the development of regulatory reports as and when needed
- Achievements: Developed unitization template to identify securities which were underpriced (approx 99%) based on cost basis pricing
- Developed tolerance check module which helped to identify securities which were having huge variations in comparison to previous month valuations thus improving process efficiency
- Created new security checking template currently used for the weekly close process.
Deputy Manager, Operations & Investment Accounting
Hayat Invest Company
05.2009
- Portfolio & Fund Accounting for Clients & Proprietary Books (Investments being in US, UK, Singapore, Saudi, Thailand & Australia, Europe & Indian Markets)
- Project Manager for setting up & migration of back office system for management of portfolio & fund accounting
- Preparation of statutory declarations & reports (for reporting to Central Bank of Kuwait)
- Preparation of financial reports for management reporting
- Assisting management in setting up of custody & brokerage accounts for the company
- Liaising with internal & external auditors for audit purposes
- Performed the middle office functions of remittance of funds from Kuwait to custody accounts in Europe & Saudi Arabia, attending to queries from portfolio managers & management pertaining to client accounts if any, following up with custodians / brokers for corporate actions not processed on securities held.
Assistant Manager, Operations Institutional Fund Services
Hongkong & Shanghai Banking Corporation
05.2007 - 05.2009
- Calculation of NAV for ICICI Prudential (Types of Scheme Handled: Debt, Equity, Fund of Funds, Fixed Maturity Plans (FMPs)
- Vetting the valuation & corporate actions processed by valuation & corporate actions team
- Liaising with auditors for audit purpose for half-yearly audits
- Preparation of half-yearly statements.
Associate, Equity Fund Services
Morgan Stanley Advantage 'Services Pvt. Ltd
03.2006 - 05.2007
- Calculation and validation Of NAV for Hedge funds, Valuation of Securities, Processing Of corporate actions on Securities under AUM, Reconciling differences and resolving the differences between Custody and Accounting Balances, Investor allocations, Preparation of various financial statements for Audit at year|Morgan Stanley Advantage 'Services Pvt. Ltd
Education
Chartered Accounatant - Accounts And Finance
Institute of Chartered Accountants of India
10.1998 - 11.2005
Skills
Team Leadership
Maritalstatus
Married
Extracurricularinterests
Represented school, college & employers in various cricket tournaments, Enjoy watching movies & listening to music.
Pre Qualification experince
- Deutsche Bank, F. A. Department (Temp Staff), 12/01/04, 03/01/05, Calculation of NAV & Accounting for three schemes of ABN AMRO MUTUAL FUND - Equity, Flexi –Debt & Monthly Income Plans (MIPs)
- Intelenet Global Services Ltd., 06/01/04, 09/01/04, Accounting for Accounts payable & Fixed Asset Accounting for J P Morgan Chase Process
- Ashish J Shah, a firm of chartered accountants, 05/01/03, 02/01/04, Handling of Tax Audits for Individuals & Corporates
- A. J. Kotwal &Co., a firm of chartered accountants, Article ship done for chartered accountancy course for 3 years
Personal Information
- Date of Birth: 07/06/76
- Gender: Male
Languages
English, Marathi & Hindi
Timeline
Senior Associate, CIB (SS) Client Analytic
JP Morgan Services India Ltd.
01.2022 - Current
Senior Associate, Treasury CIO and PE FP&A
JP Morgan Services India Ltd.
03.2017 - 12.2021
Deputy Manager, Operations & Investment Accounting
Hayat Invest Company
05.2009
Assistant Manager, Operations Institutional Fund Services
Hongkong & Shanghai Banking Corporation
05.2007 - 05.2009
Associate, Equity Fund Services
Morgan Stanley Advantage 'Services Pvt. Ltd
03.2006 - 05.2007
Chartered Accounatant - Accounts And Finance
Institute of Chartered Accountants of India
10.1998 - 11.2005
Senior Associate, Whole sale Credit Risk Reporting
J.P Morgan Services India Ltd.
Associate, Custody valuation and Management reporting CIB F&BM
J.P Morgan Services India Ltd.
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