Sushant Mahadeo Tawde
Securities Services Operations - Fund Servicing Analyst - Team Leader
Mumbai
Summary
Fund Accounting professional with hands-on experience in Net Asset Value (NAV) calculation and reconciliation for mutual funds, hedge funds. Skilled in daily, weekly, and monthly NAV preparation, including valuation of portfolio securities, income and expense accruals, and capital activity processing. Proven ability to manage the end-to-end fund accounting process, including NAV calculations, reconciliations, and audit support. Adapt at working with large data sets, leveraging accounting systems (Integrata, Trioptima and IRECS), and collaborating with cross-functional teams to ensure accurate and timely financial deliverables.
Overview
10
10
years of professional experience
1
1
Certification
3
3
Languages
Work History
Securities Services Operations - Fund Servicing Analyst - Team Leader
JP Morgan Chase & Co.
10.2021 - Current
- Served as a secondary control for client position reconciliations with brokers across OTC, FX, Collateral, and Trade Repository products using Trioptima
- Generated and published weekly MIS reports outlining unresolved client issues, providing clear visibility to senior management
- Identified areas of process inefficiency and partnered with Business Analysts to automate daily client reports, enhancing team productivity
- Compiled and delivered weekly Risk & Control reports to senior stakeholders to reinforce transparency and strengthen governance
- Ensured compliance with internal controls by collaborating with Operational Risk Management (ORM) during internal audits
- Drafted comprehensive Business Requirement Documents (BRDs) for BOT implementation and led rigorous testing cycles to ensure solution accuracy
- Facilitated client onboarding activities and contributed to the creation of detailed Standard Operating Procedures (SOPs)
- Investigated and documented operational errors, producing detailed error logs to identify procedural weaknesses and recommend corrective actions
- Conducted gap analysis to assess control effectiveness and implemented robust systemic enhancements to mitigate risks
- Participated in client calls to provide updates on reconciliation break statuses and ensure timely resolution
- Performed root cause analysis to resolve trade breaks, collaborating cross-functionally with internal teams and counterparties
- Liaised with key stakeholders to track, escalate, and resolve outstanding breaks within strict deadlines
- Developed hands-on expertise in Trioptima and IRecs, leveraging both platforms to optimize reconciliation and reporting processes
Analyst (Hedge Fund accounting)
Enfusion LLC.
11.2019 - 10.2021
- Perform Oversight (Shadow accounting) tasks for Enfusion Clients
- Handling Team of 5 members and assisting them in client queries
- Setup of non-trading accruals and cash movements
- Subscription bookings and accrual bookings during month ends
- Calculated and verified Net Asset Value for several funds of various levels
- Calculate, verify & process daily income and expense accruals ensuring accuracy for net asset values and dividend distribution computations
- Daily and monthly reconciliations against fund administrators, 3rd party communication related to break resolution
- Researched, verified & processed all corporate actions for assigned funds
- Preparing reconciliation reports with Prime Broker, Admin on INTEGRATA
Senior NRI Equity Advisor
Axis Securities
02.2017 - 11.2019
- Handling Portfolio Management Services for Ultra HNI & NRI client right from Investments and handling Reconciliation statements of the funds
- Placing orders of buy/sell of shares on behalf of NRI clients in Equity, Derivatives and Mutual Funds
- Giving information to clients about the current happenings in Economy and stock market
Relationship Manager
HDFC SECURITIES LTD
06.2016 - 02.2017
- Placing orders of buy/sell of shares on behalf of Retail and HNI clients in Equity and Derivatives
- Cross selling other financial products like corporate bonds, Corporate FD’s, Life insurance, mutual funds, NPS, Loan against shares, real estate loans and property and other value-added services
- Client meetings for business reasons and help them to make aware about various investment opportunities available
Equiter Dealer
Share khan LTD.
05.2015 - 03.2016
- Part of Dial and trade department which focuses on quality services to clients in regards to make clients aware about market scenario and open investment opportunities for short term as well as long term, including making clients aware in the fields of Equities, Derivatives, commodities, currencies, Mutual Funds, Bonds and upcoming IPOs
- Provide clients with results of technical analysis performed to make the clients earn profits and achieve organizational goal of generating revenues
Education
Hybrid MBA Program -
Welingkar’s Institute of Management
B.com - Financial Markets
K.P. Hinduja College
Skills
Fund Accounting
Shadow NAV
Capital markets
Strategic Thinking
Focused and Driven
Interpersonal skills
Strong Communication skills
Analytical skills
Nav calculation
OTC Derivative
Team Handling Experience
Trade Reconciliation
Position Reconciliation
Cash Reconciliation
Settlement of Trades
Operational Risk, Market Risk & Credit Risk
Review of Financial Report
MS Excel, Word & PowerPoint
Academics And Achievements
- Financial Risk Management level 1, GARP Institute USA
- Hybrid MBA Program, Welingkar’s Institute of Management
- B.com in Financial Markets, K.P. Hinduja College
- Star Performer, JP Morgan, Oct 2024
- Top Performer, Axis Securities, 2018
- Top Performer, HDFC Securities, 2016
Personal Information
Date of Birth: 10/05/94
Internship
KCR FINANCIAL Services LTD, To study the behavior of Indian investors and facts of Elliot Wave Theory
Accomplishments
- Rewarded with Star Performer for the month Oct 2024 in JP Morgan.
- Awarded as Top Performer Multiple Times in Axis Securities for the Handling Client portfolios, for completing sales target in 2018.
- Awarded as Top Performer in HDFC Securities for the Handling Client portfolios & for completing sales target in 2016.
Certification
To study the behavior of Indian investors and facts of Elliot Wave Theory with “KCR FINANCIAL Services LTD
Timeline
Securities Services Operations - Fund Servicing Analyst - Team Leader
JP Morgan Chase & Co.
10.2021 - Current
Analyst (Hedge Fund accounting)
Enfusion LLC.
11.2019 - 10.2021
Senior NRI Equity Advisor
Axis Securities
02.2017 - 11.2019
Relationship Manager
HDFC SECURITIES LTD
06.2016 - 02.2017
Equiter Dealer
Share khan LTD.
05.2015 - 03.2016
To study the behavior of Indian investors and facts of Elliot Wave Theory with “KCR FINANCIAL Services LTD
01-2014
B.com - Financial Markets
K.P. Hinduja College
Hybrid MBA Program -
Welingkar’s Institute of Management