Summary
Overview
Work History
Education
Skills
INTERESTS
LANGUAGES
Timeline
Generic
SEETA R. VISHWAKARMA

SEETA R. VISHWAKARMA

Summary

Highly accomplished Operations manager with 15+ years of expertise in EMEA Mutual Fund Operations. Proven track record of effectively managing teams and collaborating with cross-functional stakeholders to drive organisational success. Skilled in risk assessment, compliance, and regulatory requirements, with a strong focus on maintaining the integrity of financial systems.

Overview

17
17
years of professional experience

Work History

Assistant Vice President

J.P. Morgan Services India Pvt. Ltd.
Mumbai
02.2022 - Current
  • We are in Mutual Fund NAV Validation process under the fund services department. We validate the portfolio of different clients.
  • Perform validations of funds once all the activities related to the fund’s NAV are booked in the system.
  • Access overall impacts, do fund level and asset level checks if there is a breach of tolerance on any activity booked on the fund.
  • Fund Level checks include: Analyzing and validating every bucket of the NAV which is impacting the fund. Ensure expenses and income on the fund are correctly charged and distributed as per the share class entitlements.
  • Asset Level check includes: Validating prices of assets via market resources that have moved considerably during the day or are impacting the NAV due to its high weightage on the fund.
  • Additionally, analyses the movement on the asset, which can be due to a News in the market or it may be due for a corporate event.
  • If the asset is due for a corporate event, we ensure the corporate event is processed and do a thorough validation of the event. If the asset is due for income, the income rates are validated via market resources and ensure the value is correct in the system as per the entitlement.
  • We also perform some other sanity checks on the fund to ensure that we are delivering accurate NAV to the client.
  • We also look into the Swing pricing model, Fair valuation depending on client instructions. Validation of Liquidity funds.
  • We perform price release preparation checks which are performed to send out NAV reports to the client once the validation checks are complete. Our main goal as a fund accounting team in JP Morgan is to deliver accurate NAVs adhering to the pre-defined timelines.

Associate - Fund Accounting

J.P. Morgan Services India Pvt. Ltd.
Mumbai
06.2019 - 01.2022
  • Embraced the opportunity and became a face of the Expense processes as an emerging leader under the Accounting Super Center Client model team.
  • Being a SME of Expense processing, conducted cross function training sessions for the team also learned Capital Stock, and Nav dissemination for one of the blue-print client.
  • Ensuring the fund and share classes launched are considered for the valuation date and units are booked as per TA instruction received plus Expense setups completed before fund verifications.
  • Monitoring and ensuring the different Hubs sign-offs are in making sure the pre-fund verifications checks are are completed.
  • This role helped me to apply my analytical experience and skills, to onboard the new clients in GAM region for the end to end fund accounting function.
  • Active participate in meetings by providing valuable insights to support strategic decision making and process improvement.

Team Leader - Fund Services Expenses Team

J.P. Morgan Services India Pvt. Ltd.
Mumbai
06.2013 - 05.2019
  • This role included the validation of critical Expense calculations for Clients across Edinburgh, Luxemburg and Dublin regions.
  • Monitoring fund launch activities, ensuring Expenses setups are performed in Accounting books.
  • Proficient in performance fee calculations, onboarded multiple new Clients on EPPIC (in-house tool).
  • Segregation of work, maintaining daily, weekly and monthly allocations for the team by ensuring equal bifurcation approach.
  • Collaborated with onshore partners to resolve client queries on timely manner.
  • Efficiently handled General budget Expense structure automation project for two regions blueprint Clients, interacted with Client & onshore teams to analyses the requirements, worked with Tech team to build and successful Production deployment which coverts in to the head count save.
  • Tirelessly worked on the multiple EPPIC (In-house tool) to automate complex Expense processing modules, which enhance the quality of work and minimises the manual intervention.
  • Coordinated and facilitate Interim and Statutory Audits, by resolving auditor’s queries and concerns within the timeframe.

Sr. Analyst(Reporting) - Local Fund Services

J.P. Morgan Services India Pvt. Ltd.
Mumbai
01.2010 - 05.2013
  • Performing review of Reports submitted to Regulators of Domestic Mutual funds clients with 100% accuracy and timeliness.
  • Preparing half-yearly, Annual financials and portfolios for 5 Domestic mutual fund clients.
  • Seamlessly maintaining periodic TDS Working, preparing TDS database and certificates, making NRI, STT & DDT payments and DDT Return filling.
  • NAV Calculations & NAV EOD Reporting: Handling NAV calculation of FOF & dissemination for the 3 MF’s Clients, and provided End of Day reports to Clients i.e. NAV Summary, Trail Balance and Portfolio Statement.

Reconciliations Specialist - Local Fund Services

J.P. Morgan Services India Pvt. Ltd.
Mumbai
06.2007 - 12.2009
  • Conduct through reconciliation of fund transactions, supervising and identifying discrepancies and ensuring data accuracy.
  • Collaborate with Client services team to investigate and resolve discrepancies to complete deliverable in a timely manager.
  • Automation of NRI, STT and load Recon, which included providing specs to the vendor and performing UAT testing for a seamless transition in production.

Education

Master of Business Administration - Finance Management

Sikkim Manipal University
02.2012

Bachelor of Commerce -

Mumbai University
03-2006

Skills

  • Driving complex change initiatives, streamlining client on-boarding and ensuring operational readiness
  • Dynamic team influencer, Sharp analytical & problem solving skills
  • Skilled at steering different Fund accounting processes like Expense calculations, Capital Stock processing and NAV dissemination
  • Proven success in managing operational change, automations and technology ventures
  • Strong partnership with onshore, oversight teams and stakeholder engagement
  • Proficient in Microsoft Office, emails and various other in-house applications
  • Exemplary decision making, detailed oriented, focused on continuous process improvement

INTERESTS

Playing Football, Trekking/adventure,  travelling and exploring new places, Watching movies in my free time.

LANGUAGES

  • Speak, Write, Read: English, Hindi, and Regional language.

Timeline

Assistant Vice President

J.P. Morgan Services India Pvt. Ltd.
02.2022 - Current

Associate - Fund Accounting

J.P. Morgan Services India Pvt. Ltd.
06.2019 - 01.2022

Team Leader - Fund Services Expenses Team

J.P. Morgan Services India Pvt. Ltd.
06.2013 - 05.2019

Sr. Analyst(Reporting) - Local Fund Services

J.P. Morgan Services India Pvt. Ltd.
01.2010 - 05.2013

Reconciliations Specialist - Local Fund Services

J.P. Morgan Services India Pvt. Ltd.
06.2007 - 12.2009

Master of Business Administration - Finance Management

Sikkim Manipal University

Bachelor of Commerce -

Mumbai University

Similar Profiles

CREATE PROFILE
SEETA R. VISHWAKARMA