SIREERHAM SRINIVASAN

• Private equity / Hybrid (Hedge) Fund Accounting operations managing Net asset values (NAV) related activities.
• Manage the team involved in following monthly and quarterly deliverables for the Private equity/hybrid fund investors adhering to Limited Partnership Agreement (LPA/PPM) timeliness and accuracy:
• NAV process including management fee, accrual calculations and bookings, equity pickup entry booking, Incentive calculation, (catch up, carry calculations, partner allocation etc.
• Daily activities like static data setup (deals, positions), cash reconciliation, cash/non cash journal entry bookings.
• Partner capital statement preparation, uploads to investors through portal.
• Quarterly and Annual Financial statement packages and investor statements.
• Partner transfer, Capital call and distribution process including allocation preparation on investor level basis, notices.
• Review the client deliverables produced by the fund accountants.
• Manage overall client deliverables and relationship with onshore partners.
• Identification and implementation of Process improvements for efficiency.
• Overview of controls including operating procedures and checklist on a regular basis to meet audit requirements.
• New client onboarding planning including the working of cost to service, client setups by liaising with different teams, regular catchup with the client etc.
• Preparation of Key performance indicators (KPI) to the management team.
• Coordinate with Controls Team, onshore partners for audit and regulatory requirements.
• Support TA2 regulatory reporting.
• Connect with Leadership team on a weekly basis on business and process updates.

• Regions worked: Dublin, Brooklyn

Projects worked:

Identify and Implement automation from the existing manual process, standardization of NAV workbooks etc

• Worked on Application driven checklist workflow instead of electronic checklist.
• Implementation of Cascade suite application for cash and hypo model waterfall calculation wherever the waterfall calculation is manually maintained.

People Agenda:

• Daily huddle to discuss client deliverables, feedback from onshore team, updates from the management.
• One-One meeting with the team members on a monthly basis.
• Product and soft skill Training requirements and nominations.
• Nomination of team members for quarterly rewards and recognition program, global award.
• Handling performance appraisal to the managers/teams on semi-annual basis.
• Career planning including Promotion and mobility opportunities to the staffs based on the performance, tenure, knowledge.
• Screening of candidates referred by HR team to close the open position in the team.

Manage the team involved in following monthly and quarterly deliverables for the Private equity/hybrid fund (Hedge fund) accounting operations.

• Managed the processes under Global Trade finance operations for Asia pacific region comprising Hong Kong, Singapore, Australia, Japan etc.

Products Handled:

• Import and export payments, financing under documentary letter of credit (lc), documentary collection bills.
• Discounting/Negotiation under export letter of credit bills.
• Swift loans for FI’s comprising buyers' credit, trade loans, payable financing.
• Managed a team of 15 members handling loans, import, export L/C bill documents, financing etc.

Responsibilities under the Process:

• Handling of daily business activities (BAU) in the payments and loan process and ensure client service level agreement (SLA) and Turnaround time (TAT) is met
• Ensuring accuracy of 99.95% in the process
• Verification / authorizing transactions within approved limits
• Handling of reconciliation of work queues, accounts receivables, accounts payables, loan wash account, suspense account
• Escalation and follow-ups with compliance team for red flags, boycott languages, sanctioned counties during manual screening, workability issues etc
• Outstanding Lc and collections bill follow-ups through Relationship Managers
• Handling daily controls and functional check list (dcfc) on a daily basis
• Review of system access and entitlements to the processing system for the entire team
• Ensuring assigned global mandatory Trainings are done by self and team before the deadline
• Monthly meeting with the onshore partners based on Key performance Indicators (KPI)
• Updation of standard operating procedures, transaction check list on a periodical basis and re-iteration discussion with the teams

Process Migration Handled:

• Ramp up of Export payments, loans products during 2010 from Hong Kong to Global support center in India
• Migration of local strategy clients during 2013 from Hong Kong to Global support center in India
• Migration of Japan, Australia, Thailand, Philippines, Vietnam process during 2014 from Hong Kong HUB to Global support center in India
• Visited Hong Kong branch for the migration
• Migration of Korea process during April 2015 from Hong Kong HUB to Global support center in India
• Migration of Client services activities from Singapore during June 2015.

Achievements:

• Completed certified documentary credit specialists (CDCS) during 2008
• Won trade finance excellence awards during 2013
• Won Global excellence awards for fourth quarter 2014
• Nominated for Global excellence award for first quarter 2015
• Service award for completing 10 years in JP Morgan services India Pvt ltd in 2017.

Audits Handled:

Handled Singapore regulatory audit for Lc bill payments and financing

• Handled Hong Kong monetary authority (HKMA) for swift loan
• Support the regulatory reporting for Hong Kong, Korea on a monthly basis
• Handle the risk audit mitigation program on a monthly basis for the liquidation products

Managed the processes under Global Trade finance operations for Asia pacific region comprising Hong Kong, Singapore, Australia, Japan etc.

• Worked for trade finance operations of ABN Amro bank n.v.
• Hong kong branch dealing with documentary credit and documentary collection under imports and exports.
• Issuance, amendment of letter of credit, financing under letter of credit and payments.
• Handling of export L/C bills under negotiation, approval and payment, financing.
• Documentary Collection bill bookings, payment, and financing.