Summary
Overview
Work History
Education
Skills
Certification
Timeline
Accomplishments
Sneha Rochlani

Sneha Rochlani

MBA In Finance
Mumbai

Summary

Business finance leader with demonstrated success leading financial control and product control. Knowledgeable about SOX, regulatory requirements and successful strategies for maintaining optimal controls. Well-organized, proactive and adaptable to changing markets.

Overview

14
14
years of professional experience
8
8
years of post-secondary education
2
2
Certificates

Work History

Assistant Vice President

Deutsche Bank
Mumbai
09.2013 - Current
  • Lead of Rates business and Residential Mortgage Back Securities Business finance
  • Heading product control and financial control of US Rates business finance.
  • Managing SOX controls - Front office back office reconciliations, management and financial accounting, accounting based on IFRS and US GAAP reporting.
  • Currently working on valuations of financial instruments taking into account credible range and observability parameters
  • Reporting done as per US Regulatory requirement. Providing disclosures based on IFRS 13 and FAS 157
  • Responsible for accurate and timely production of daily T+1 P/L, attribution and analysis
  • SAP rebuilding of complex structure and reclasses based on Hold to collect and sale , SPPI fails
  • Maintain relationship with various parties involved – Traders, Valuation group and Onshore management
  • Communicating with Middle office on daily basis for reporting breaks and thus ensuring its timely resolution
  • Processing various accruals such as fees, coupon income and other entries in accounting system
  • Responsible for producing daily reconciliations and investigating day to day P/L issues
  • Providing daily as well as back testing commentary and variance investigation to front office traders and finance managers
  • Identifying manual intervention involved in the process and working on initiatives for automation
  • Calculating Paydown P/L on monthly basis and verifying all factor changes from Bloomberg and accounting it in the system
  • Monitor Risk runs and report any failures to concerned teams, prepare Risk Reports and sign off risk for generating VaR Reports
  • Ensuring that the integrity of the operating environment meets audit and regulatory standards & ensure that the controls are adhered to
  • Check day over day Delta movement and variance if any, is to be investigated and reported to different teams to correct the same
  • Perform MIS Reconciliation such as Flash and Actual P/L Reporting and also MTD, YTD checks are maintained daily after the adjustments
  • Preparation and review of Process documents including KOPs and KRIs
  • Assisting on all ad hoc queries provided by auditors and replying them in a given time frame

Senior Associate

Globe Op Financial Services Ltd
Mumbai
08.2011 - 09.2013
  • Manage the P&L process on a day to day basis, from reconciliation to resolution of issues for obtaining Business Unit sign off and reporting of the daily P&L
  • Financial planning and reporting –preparing financial statements for interim and year end based on IFRS and US GAAP (from Cost roll forward to Filing return)
  • Preparing MIS for management reporting
  • Delivering month end Net asset value (NAV) to each entity
  • Month end P&L, accounting for accruals based on budgets & net asset value to be reported (complex fund structure)
  • Co-ordinate with operations team, valuations team and Business Unit Controllers (BUCs) onsite
  • Reporting T+1 P&L with resolution of manual adjustments and breaks(trade, cash and position breaks)
  • Training new joiners
  • Preparing process documents KOPs
  • Conducting calls with client and other departments to ensure smooth flow of operations.

Financial Associate

Oracle Financial Services Software Ltd
Mumbai
07.2009 - 08.2011
  • Portfolio Compliance
  • Conducted research using trade and cash levels of portfolios to identify and analyze route cause
  • Formulated the suitable action required to be taken depending on the issue and communicate the same to “trade process function” and asset management group
  • Prepared and submited monthly and quarterly certifications of every transactions in the client’s account & the summary of issues identified
  • To perform manual tests using excel model to ensure correctness of investments
  • To submit disclosures of holdings of stocks
  • To train new joiners on the process applications
  • Achievements/Accolades
  • Oracle Financials
  • Was selected from a team of 30 people for specialized coding training at London (Code rules and guidelines provided by the client)
  • Managed a team of 3 people for Australian process (reconciliation)
  • Awarded star of the month for outstanding performance in Oct ‘10
  • Automated the repetitive process of manual test to locate the daily NAV values for different funds, resulting in time saving by 80% for the operation
  • Conducted systematic training program for beginners
  • Appreciated by the management for time management, perseverance and inter personal skills

Education

Master of Commerce - Level 2 - Commerce

Mumbai University
02.2010 - 12.2010

65 %

MBA - Finance

Vivekanand Institute/ Mumbai University, Mumbai
02.2007 - 06.2009

68%

Master of Commerce -level1 - Commerce

Mumbai University, Mumbai
02.2006 - 01.2007

B. Com -

Mumbai University, Mumbai
04.2003 - 02.2006

77%

H.S.C -

Mumbai Board, Mumbai
03.2002 - 01.2003

81% Distinction

Skills

Financial Management

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Certification

Licensed Series 99 - next 3 years

Timeline

Assistant Vice President - Deutsche Bank
09.2013 - Current
Senior Associate - Globe Op Financial Services Ltd
08.2011 - 09.2013
Mumbai University - Master of Commerce - Level 2, Commerce
02.2010 - 12.2010
Financial Associate - Oracle Financial Services Software Ltd
07.2009 - 08.2011
Vivekanand Institute/ Mumbai University - MBA, Finance
02.2007 - 06.2009
Mumbai University - Master of Commerce -level1, Commerce
02.2006 - 01.2007
Mumbai University - B. Com,
04.2003 - 02.2006
Mumbai Board - H.S.C,
03.2002 - 01.2003

Accomplishments

Migration- Core PNL:

· Successfully transitioned ‘RMBS Core PnL’ & ‘risk engine platform investigation’ process from New York to Mumbai

· Trained new resources within the team and helped in streamlining the process

· Provided necessary support to New York Counterparts.

· Awarded “Employee of the month award” twice.

Projects to compress stretch hours:

· Worked on projects to improve work life balance by shifting upstream (risk engine batch) feed timing by 1.5 hours early.

· Participated and supplied information for Project 9 pm

UAT project:

· Taken responsibility and provided leadership on projects such as Kannon migration, Dart single feed and Rolfe & Nolan.

· Successfully tested and implemented IHC/NON IHC norms in MIS and PNL reporting

· Challenged OPAL commentary process and set agreed procedures for investigation and parameters for the same.

· Segregated transitioned PNL to other team adhering to DB norms.

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Sneha RochlaniMBA In Finance