Summary
Overview
Work History
Education
Skills
Linked In
Personal Information
Awards
Accomplishments
Timeline
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Uday Kumar

Bangalore

Summary

Resourceful Supervisor trained in resolution of critical issues within time-sensitive environment with successful track record of building and maintaining talented teams. Highly organized, energetic and versatile leader committed to continuous improvements. Proven history of motivating staff to work together to achieve targets. Skilled in Cash/Position reconciliation, NAV reconciliation. Worked on Citco Rec's, Aladdin Reconciliation, GSAM PRT reconciliations.

Overview

10
10
years of professional experience

Work History

Supervisor

CITCO LLP
10.2022 - Current
  • Developed and implemented operational policies and procedures to ensure efficiency and accuracy of workflows.
  • Directed and supervised team of 5 employees in daily operations.
  • Monitored employee productivity to provide constructive feedback and coaching.
  • Provided guidance to staff on accounting policies and procedures related to funds.
  • Monitored investment portfolios for changes in market conditions or other factors that may affect returns.
  • Ensured timely and accurate processing of cash transactions for multiple funds.
  • Oversaw the reconciliation process for a variety of funds including mutual funds, hedge funds, private equity funds.
  • Reviewed reconciliations for accuracy prior to submission to management.
  • Evaluated new investments for potential risk or return opportunities.
  • Collaborated with external auditors during year-end audit process.
  • Provided guidance to junior staff members regarding accounting practices related to funds.
  • Ensured accuracy of the general ledger by performing periodic reconciliations with custodians, prime brokers, administrators and other third parties.
  • Reconciled cash and stock portfolio, generating shareholder allocations, incentives and fee calculations for financial management.
  • Being an SME/Lead in the team, all the escalation and complex issues will be investigated related to Bank debt related activities like Drawdown Rollovers, Repayments, Prepayments, fees and external payments
  • Verifying corporate actions related activities which affects balances, Reorg etc
  • Interest and management fees related break investigations and calculations to challenge vender
  • Ensure the team is able to work effectively, troubleshooting technical issues and working with the Manager to ensure that people are well matched to their work
  • Support the conversion of any new clients and existing migrations, actively managing projects through to successful integration
  • Be a subject matter expert on Reconciliation processes and systems (BBG, AEXEO, ART, Citco Recs)
  • Monitor and manage regular break resolution, ensuring consistent timeliness and accuracy
  • Reporting KPI and MI's to top level management

Team Leader

State Street Corporation (Operations SD)
05.2021 - 10.2022
  • High level of responsibility within the team to satisfy the investment managers and clients for providing accounting and custody services
  • Fixing NAV reconciliation exceptions for equities, Bonds, Private placements, Exchange traded and over the counter exceptions
  • Perform Risk and Control
  • Resolving initial margin/variable margin issues, premiums, trades
  • SLA documentation and execution, change management, and key performance reporting with 100% accuracy & timeliness
  • Assessment to ensure appropriate action is initiated and executed to minimize risk events
  • Execute activities to ensure interdepartmental deliveries are monitored and risks highlighted and addressed
  • Trainings and coaching for colleague and providing input to performance appraisals.

GSAM- Associate

Goldman Sachs
08.2019 - 05.2021
  • Taking ownership of processes and controls within the team, driving the development of methods to improve processes and controls to ensure that these are efficient, effective and relevant
  • Being a Subject Matter Expert in the team, assisting team members in resolving complex issues as well as reviewing, approving and supervising the functions performed
  • Maintaining an In-depth understanding of a wide range of financial products and markets as well as a broad knowledge of our processes and systems and their impact on other downstream processes and systems
  • Proposing changes to the logic or rules underlying a system because of changes in the business environment
  • Seeking and implementing automated solutions (for manual processes and anticipated future requirements), which will involve providing direction and requirements to Technology as well as acting in partnership with Technology
  • Daily Cash & Position Reconciliation with custodians & Prime Brokers
  • Daily Price/Position/Total Equity reconciliation for Futures and OTC derivatives products
  • Daily/Monthly Portfolio Market Value reconciliation with Fund administrators.

Senior Analyst

WNS Global Services
Bangalore
01.2016 - 08.2019
  • Reconciling Hedge funds, Real estate, Multi strategy funds and publishing portfolio balance to fund manager in Aviva investors.
  • Performing exchange traded derivatives and over the counter reconciliation for Aviva, broker statements are JPM and Barclays.
  • Intimating overdrafts to fund managers and checking restricted Currency overdrafts.
  • Being SME for the process, Handle escalations of the team and help them in resolving issues in the process
  • Planning cross training across different sections/department to manage resources effectively.
  • Delivering excellent and error free services to the clients on timely basis.
  • Entitlement calculation and Clams processing for all the income events corporate actions and bonds.
  • Publish cash balance and cash forecast to fund managers.
  • Identifying exceptions, mismatch and post adjustment cash flow entries
  • Communicate with JPM and internal team to resolve the breaks.
  • Quality check has to be performed for all the tasks which team Performs.

Analyst

Thomson Reuters
01.2014 - 01.2016
  • Providing effective support to customers for TR flagship product: Thomson Reuters Eikon on Content and Application issues across the globe
  • Responding to written inquiries via E-channel Queries raised through (sales force) service cloud
  • Filtering and escalating enquiries relating to other aspects of the Thomson Reuters business and handover to the appropriate department
  • Managing the resolution process from Equities derivatives, Commodity, Fixed Income, Forex, money market and all the exchange traded instruments and contributed data

Education

MBA (Finance) + PGPM -

National School of business, Mysore university
06.2014

B.Com (Finance) + DGM -

Jain College Bangalore, Jain University
06.2012

Skills

  • Analytical ability
  • Ability to Communicate with Business
  • Employee Motivation
  • Training and mentoring
  • Process Monitoring and Improvement
  • Complex Problem-Solving
  • Software Skills: TLM Recon, Blackrock's Aladdin Reconciliation Tool, Euroclear custody, Markitwire, Bloomberg, JPM Markets, RADAR, Invest one, PRT, MCH, MYSS
  • Internal Controls
  • Automation Support

Linked In

www.linkedin.com/in/uday-kumar-s-58960346

Personal Information

  • Father's Name: Shivappa .G
  • Date of Birth: 08/04/91

Awards

  • Best Lead Award for Q1 2024.
  • Monthly Award received for JULY 2023 Month for best performance in AVENUE Client.
  • 4 Bravo Awards for Quick learning and stabilizing the process from POD 3 (2021 and 2022) (SS).
  • League of champ for Q1 and Q3 2018 for client first and live the value (WNS).
  • Silver award for consistently delivering, outstanding performance for the year 2014 by my Team Leader (TR).
  • Bronze Award for best queue manager for 4th Quarter in Echannel. Given by Manila regional head Jennifer Marley (TR).

Accomplishments

- Daily Balance checker automation in excel Macros to reduce the investigation time for break resolution (CITCO) - 2024.

- Auto rule creation for IMT and exception which we receive from investment manager and Clients.(State Street Corp) - 2021.

- Alteryx based Projects on Auto commenting for recon exceptions and Daily Reports. (Goldman Sachs)- 2020.

- RPA Project on Call Account interest and pooling interest (WNS)—March 2019.

Timeline

Supervisor

CITCO LLP
10.2022 - Current

Team Leader

State Street Corporation (Operations SD)
05.2021 - 10.2022

GSAM- Associate

Goldman Sachs
08.2019 - 05.2021

Senior Analyst

WNS Global Services
01.2016 - 08.2019

Analyst

Thomson Reuters
01.2014 - 01.2016

MBA (Finance) + PGPM -

National School of business, Mysore university

B.Com (Finance) + DGM -

Jain College Bangalore, Jain University

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