Srishti Sehgal
Assistant Manager
Summary
Dynamic & competent finance professional with 10 years of achievement driven experience in Financial Analysis of various investment Banking products and instruments includes Mutual Funds, Equities, Fixed Income, Financial Reporting & Hedge Funds NAV/GAV & Reconciliation.
Overview
11
11
years of professional experience
5
5
years of post-secondary education
Work History
Assistant Manager – Mutual Fund Accounting
CITICORP SERVICES INDIA PRIVATE LIMITED
03.2021 - Current
- Processed and reviewed Mutual fund NAV's for both Equity and Bond Funds
- Calculation and releasing the Daily NAV’s (Net asset Value) to NASDAQ and third parties.
- Overseeing all daily operations of group including performing cash and position reconciliation , correct daily Net Asset Value calculation, researching and resolving discrepancies.
- Analysis and research of breaks in cash and position and fixing them by posting adjustments to be in line with custody.
- Maintaining Financial security by following internal controls and audit.
- Checking and reviewing Capstock, Trades, Dividends , and Futures and other Corporate actions
- Verifying trade prices, dividend rates etc On Bloomberg
- Regular interaction with the Fund Groups and Accounting Groups
- Monitoring the quality assurance for all the deliverables and ensure the service level agreements are accomplished
- Training and coaching the Team for Process and facilitate Team-building activities to improve the Team bonding
- Mentoring team members, process associates and carries out process improvement initiatives in the investment accounting area.
- Actively engaged in communication with onshore via email, IM and weekly and monthly calls
- Hands-on experience on Invest One portfolio accounting platform, Frontier, TLM ,Spectra, Bloomberg, IDC, yahoo finance .
Senior Associate – Hedge Fund Accounting
SS&C GlobeOp
09.2017 - 01.2021
- Worked on Products like Equity, Future, Options, Spot, Forward, CFD, Bond, Swaps
- Worked on different corporate actions like stock split, reverse stock split, merger, dividend reinvestment, bonus issue
- Checking the Corporate Action impact on NAV and taking the required action
- Hands-on experience on Geneva portfolio accounting platform, Bloomberg, Reuters, IDC
- Ensure all the portfolio & NAV related activities like Cash, Position, Interest and Dividend, receivable and payable recons, PNL recon are delivered to the client with timeliness and quality
- Ensured accuracy of funds' trades, cash transactions and corporate actions and verified securities' prices to properly value portfolios
- Reconciliation of cash balances between our records and Bank records, and researching the discrepancies
- Reviewing the funds completed by other analysts to ensure quality and accuracy
- Booking of daily/month end accruals (Accrued income and expenses)
- Involved in month end accounting and reconciliation for hedge fund client
- Involved in calculating NAV of the Fund on a daily/ monthly/periodic basis of Master Feeder, standalone Funds
- Calculation of various fees such as performance fees, management fees etc
- Handle queries from clients and ensure that queries are responded within the agreed Service Level Agreement
Senior Analyst - Investment Consulting
Mercer India Investment Consulting, Marsh & McLennan companies
10.2015 - 09.2017
- Perform due diligence that leads to insight
- Performing Qualitative and Quantitative research on various strategies of various fund houses for our client
- Review of various documents such as ADV 1, ADV 2, Fund Factsheet, Company presentation, strategy composite presentation, auditor letter, financial statement analysis, and certificate of insurance for analysis of each fund house
- Gathering relevant data from Global Investment Managers Database (GIMD), Factiva and Bloomberg as primary research material for the SWOT analysis of mutual fund & SMA in US market
- Reviewing Alpha, sharp ratio, tracking errors, beta etc
- Give appropriate rating to the Fund houses globally after high qualitative and quantitative research on specific strategies and company
- Quarterly evaluation and generation of High Volume Monitoring (HVM) mutual fund reports for our Institutional Clients globally
Analyst – Portfolio Services
BlackRock
03.2014 - 10.2015
- Reviewing and finalizing the financial books of institutional clients on monthly, quarterly and yearly basis and analysing the Overall performance numbers for various time frames
- Responsible for managing Ad-Hoc request from portfolio managers and other related department
- Conducting calculation and analysis of portfolio, Net Asset value (NAV) Performance
- On- Boarding of New Clients: managing smooth setup of new portfolios in the system
- Managing relationship with various Business Partners from different locations in US, Edinburgh, London, Singapore and vendors in Mumbai for smooth functioning of global business model
- Handling successful migration of existing processes to India with sustainable improvement in quality and minimizing operating risk
Education
MBA - Finance and Financial services
Jaypee Business School
06.2012 - 06.2014
B.com(hons) - Finance and Taxation
MS College
03.2007 - 03.2010
Skills
- Frontier/TLM , Investone
- IDC, Bloomberg, Reuters and Yahoo finance
- Geneva ,GoRec
- Financial Databases such as GIMD
- ALAADIN tools
Attributes
- Strong communication and interpersonal skills
- Committed team player with flexible approach to work and to take initiative whenever required.
- Goal-oriented personality and very committed towards the assignment given to me.
- Ability to adapt to new technologies quickly.
Timeline
Assistant Manager – Mutual Fund Accounting
CITICORP SERVICES INDIA PRIVATE LIMITED
03.2021 - Current
Senior Associate – Hedge Fund Accounting
SS&C GlobeOp
09.2017 - 01.2021
Senior Analyst - Investment Consulting
Mercer India Investment Consulting, Marsh & McLennan companies
10.2015 - 09.2017
Analyst – Portfolio Services
BlackRock
03.2014 - 10.2015
MBA - Finance and Financial services
Jaypee Business School
06.2012 - 06.2014
B.com(hons) - Finance and Taxation
MS College
03.2007 - 03.2010
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