Saif Khaja
Hyderabad
Summary
Experienced and energetic assistant Manager with over 14 years of experience effectively managing SMA (Separately Managed Accounts) Portfolio Investment strategies from client on-boarding to Performance reporting and account closure. Adept in using digital Portfolio Management platforms to increase overall productivity. Experienced in Assisting Portfolio Managers in trading, Trade settlement, reporting and overseeing SMA Model delivery (UMA), resulting in an increase in partner relations across organization and brokers / custodians. Adept in monitoring and reporting portfolio management objectives, to maintain necessary internal communications within the company. Pragmatic and result oriented.
Overview
13
13
years of professional experience
Work History
Assistant Manager - Portfolio Implementation
Franklin Templeton
Hyderabad
07.2021 - Current
- Trade execution on behalf of portfolio managers
- Sale of rejected/bonds in real time markets
- Creating orders
- Cash flow and securities in kind flow verification of each client requested
- Processing Tax loss selling requests initiated by client/FA
- Verifying investment management style change request by the clients/FA
- Maintaining state preference/state specific investment strategies as instructed by the clients/FA by coordinating internal sales team on a daily basis
- Reviewing Securities in kind approvals, selling rejected/non-model securities-in kind and ensuring sale proceeds are added back to client cash
- Processing client instructed restrictions in the internal trading systems in a timely manner to ensure no client escalations
- Processing requests for client account freeze and reinstate as per the client/FA/trader instructions for additional clarification before proceeding for trading
- Managed instructions from the various portfolio managers, generated trades for each underlying clients and executed trades in respective trading platform
- Generated trades whenever the client-initiated cash deposit or withdrawal for each client and executed trades in respective trading platform
- Placed Mutual Fund trade order for Canadian clients in the respective-trading platforms in a timely manner without any delays or errors in trade
- Raising cash for debit balances account
- Investing cash for new accounts
- Model Maintenance
- Responsible for matching up the weights due to price fluctuation in order to maintain minimum required cash in each investment strategy
- Providing market commentary to Unified Managed Accounts (UMA) custodians for each trade executed
- Due to consistent performance and outstanding management of portfolios, responsibility to manage investment strategies increased from 4 to 12.
Assistant Manager - Trade Coordinator
Franklin Templeton
Hyderabad
11.2019 - 06.2021
- Trade settlement issues
- Expertly handled trade settlement issues with the trade broker for situations where the trade settlement fails identified during the custodian data-reconciliation and trade matching
- Creating orders
- Managed instructions from the various portfolio managers, generated trades for each underlying clients and executed trades in respective trading platforms
- Generated trades whenever the client-initiated cash deposit or withdrawal for each client and executed trades in respective trading platform
- Placed Mutual Fund trade order for Canadian clients in the respective-trading platforms in a timely manner without any delays or errors in trade
- Handled additional responsibility of model delivery investment strategies for Australia, China and Canada clients and respective markets.
Assistant Manager - Portfolio Administration
Franklin Templeton
Hyderabad
06.2017 - 10.2019
- Responsible for overseeing operations of Portfolio administration with a group of team members consisting Graduate Trainees, Portfolio Administrators and Sr Portfolio Administrators
- Expertise in hiring resources, Employee retention, Work Allocation, Goal setting, performance management, employee grievances, career growth, coaching and feedback, rewards and recognition
- Back up creation/up skilling all team members to perform critical tasks to ensure zero impact to portfolio administration in case of emergency leave of absence
- Access management
- Managed internal and Custodian applications access granting and revoking for all the team members in order to access internal shared folders, book-keeping systems, order management tool, security maintenance systems with required privileges on need basis
- Worked closely with the key internal stakeholders for effective portfolio administration operations like Middle office Client services, Traders, Technology, Sales, Marketing, Billing and Securities maintenance
- Risk Management
- Implemented process to identify inappropriate custodian information in the outlook emails using macros to ensure data integrity and confidentiality
- Played an important role in deploying data encryption solution across the portfolio administration unit for data integrity in the Outlook application
- Automation
- Implemented various macros and bots for repetitive and manual tasks to ensure processing of tasks in time with zero errors while reducing operation load on resources
- Internal Audit
- Liaison for the Annual internal audits team supporting in the overall audit process by facilitating samples, business reviews, documentation reviews, records retention, employee interviews and access management for internal systems and custodian applications/platforms
- Facilitated ad-hoc audit requests by the clients or custodians
- Worked on the audit recommendations and observations reported in a timely and efficient manner.
Sr. Portfolio Administrator
Franklin Templeton
Hyderabad
05.2014 - 05.2017
- On-Boarding process
- Effectively collaborated with custodian partners to validate and authenticate client paperwork while maintaining highest level of confidentiality
- Facilitated Discretionary and non-discretionary trade authorizations between Middle Office Client services and Client/FA
- Billing
- Quarterly management fee calculation between Client and Franklin as per the basis points agreed during on-boarding
- Enquire management fee received against the billed amount
- Follow up with the Client/FA/Back Office for any irregularities in the quarterly management fee
- Report creation of Revenue by state and submission to management for visibility and making informed decisions that effect business at state level
- Performance reporting
- Calculated gross/net rate of return for each client account against market benchmark on a monthly basis
- Analysis of major deviations of rate of return post calculation and identify root cause of the deviation and report to the management
- Composite maintenance of existing clients as per investment strategies to provide relevant performance information to various internal teams of Franklin Templeton for sales, marketing and distribution of investment strategies
- Client Statements reporting
- Generated monthly statements for the clients by gathering information like market summary, trader commentary, holdings and cash
- Detailed quality check of all the parameters in the monthly statement before releasing to Client/FA
- Worked on Client statements delivery instructions and making necessary changes in the internal systems for the delivery of monthly statement as per the instructions only
- Updated Security reference data in the Traders order management tool for the traders to execute trades in a timely manner
- Recorded day-to-day price of all active securities in the Order management tool and book-keeping systems for AUM reports and performance of portfolio calculations.
Portfolio Administrator
Franklin Templeton
Hyderabad
05.2013 - 04.2014
- Effectively maintained book-keeping related to trade information from internal traders and transactions from custodian sources
- Collaborated with internal teams to cross-verify client funding type between Custodian and Franklin book of records before authorization for trading
- Facilitated in time and accurate information of available cash and present-market value on day-to-day basis of each client to Traders, helping in taking right decisions to execute trade.
Education
MBA - Finance and HR
04.2014
B. Com - Computers, Commerce and computers science
05.2012
Skills
Ability to Work Under Pressure
Fast Learner
Effective Time Management
Customer Service
Critical Thinking
Operations management
Team leadership
Cost reduction
Problem-solving
Team motivation
Time management
Adaptability and flexibility
Staff training and development
Strategic planning
WEBSITES, PORTFOLIOS, PROFILES
LinkedIn Profile
PERSONAL INFORMATION
Nationality: Indian
Timeline
Assistant Manager - Portfolio Implementation - Franklin Templeton
07.2021 - Current
Assistant Manager - Trade Coordinator - Franklin Templeton
11.2019 - 06.2021
Assistant Manager - Portfolio Administration - Franklin Templeton
06.2017 - 10.2019
Sr. Portfolio Administrator - Franklin Templeton
05.2014 - 05.2017
Portfolio Administrator - Franklin Templeton
05.2013 - 04.2014
Osmania University - MBA, Finance and HR
Osmania University - B. Com, Computers, Commerce and computers science