Summary
Overview
Work History
Education
Skills
Timeline
Generic
Vishnu Kumar

Vishnu Kumar

Fund Accounting Officer
Nallagandla

Summary

MBA Finance, Passed CFA Level 2 professional, offering ~15 years of experience in Fund Accounting, Private Markets, Custody, Corporate Action, Middle office Operations, Pricing, Security Master Field, NAV Calculation and Risk Analytical etc.

Proficiency in Aladdin, SQL, EDA, MCH, Ehorizon, PC Portal and PAM for Investments platforms.

Overview

15
15
years of professional experience

Work History

AVP

JPM chase
HYDERABAD India, TELANGANA
01.2023 - Current
  • Service delivery across products delivered by accounting. Responsible for operating model change & Client’s inquiries.
  • Handing AI driven project for Private Markets / Commingled Funds assets to enhance operational efficiency.
    • Participating in capital call and setting up internal procedure for transactions processing and Market valuation.
  • Inquiry & Governance mgmt., Working with operational groups engaged with the NAV delivery model.
  • Maintaining clients SLA in partnership with relevant input from NAV operations teams.
  • Communication with the Clients for missed SLA / delays. Regular communication with clients to manage expectations.
  • Responsible for figure out root causes of error. Work with relevant team for remediation, control and documentations.
  • Solve out Cash & Stock breaks which require information from clients / 3rd Parties or have complexity.
  • Tracking of client behaviors & issues to ensure no information deviation from agreed models & educate external parties.
  • Responsible for fund events like – Funds Launches / Migrations / Restructures / Transitions.
  • Provide input to fee billing processes, populating template and ensuring fund activity is captured accurately.
  • Closely working with external auditors to brief about the process and providing all require validation back up.
  • Proposing tech enhancement to minimize the risk of manual error and achieve efficiency & accuracy.
  • Division- Operation Service Delivery – Fund Accounting

AVP

JPM chase
07.2020 - Current
  • Supervising and sign off NAV, Financial statements, and other reports.
  • Closely working with IM, Client services, Utilities team like Private Equity, Trade services; cash team; pension utility for Alternate Assets; hedge fund accounting, pricing, data reference etc.
  • Review and sign off high NAV impacting transaction and exception.
  • Address or escalate all material high NAV impacting item to client services team.
  • Taking key decision on outstanding cash & stock breaks; Cash Balances, NAV impacting item and other outstanding issue etc before releasing NAV to clients.
  • Participating in hiring, skip level meeting, coaching & mentoring of Managers and Staffs.
  • Working on various technical projects to reduce manual touch point and FTE save.
  • Division- Fund Accounting (Institutional & Pension Fund)

Sr. Manager

State Street
03.2018 - 06.2020
  • Responsible for all aspect of day-to-day accounting for a group of assigned funds and contribute to the final release of the NAV to NASDAQ with accuracy and timeliness.
  • Detail analysis & providing commentary to senior fund accountant if Yield is moving above threshold for daily distribution fund before releasing NAV.
  • Setting up amortization policy in accounting system at client & fund level based on client instruction to bring securities at par.
  • Closely working on exception related to Accrual, Dividend, Amortization, Past due, Tax query, adjustment, corporate action, Financial Reporting, transaction services, Data reference, Expenses, Cash-admin, Audit query, Fiscal year ended etc.
  • Review and processing of corporate action events dividends on ex-date before releasing the NAV.
  • Coordinates and manage projects within the department and with BU Shares services, COEs and client operations teams for technology enhancement and implementation of new tool globally.
  • Responsible for identifying any unusual or potentially suspicious transaction activity and escalating it to senior mgmt.
  • Conducting daily call with client service, Client mgmt, COEs and Business unit team before sing off Daily NAV.
  • Oversees the activities of staff by closely working with directs reports span of 20 FTE.
  • Conduct periodic performance reviews, providing ongoing counsel, Training, development and motivation to staff.
  • Participating in the hiring, salary appraisal, promotion and termination process.
  • Division: Income (Accrual & Amortization & Dividend) & Sec Yield

Senior Fund Accounting Analyst

BlackRock
Gurgaon, Haryana
  • Administered PFI- PAM, an investment accounting and management platform for international accounting and reporting for a diverse range of assets and portfolio
    • Managed corporate action like Call, Tender offer, Taxable exchange, Tax-free exchange, Stock split, Reverse stock split, Merger, spin off, Sock dividend, fees and so on and updated dividend data in PAM to generate income transaction on pay date for Asset class Common stock and Preferred stock.
    • Model & reviewed all kind of security including advance derivatives product in accounting system PAM (Portfolio Assets Management) as per data vendor Bloomberg, EJV, Reuters, Accounting Standard, Statutory requirements, Portfolio Instruction, Security masters, Client requirements and so on
    • Monitored Quality Control aspects to ensure time series data like coupon rate, factor, ratings, prices have been updated in PAM and pay down, income, redemption, maturity has been posted on eligible security and portfolio
    • Ensuring holiday calendar has been correctly updated and mapped on security to accrue accurate income on fixed income portfolio
    • Ensuring Interest short-fall / gain has been updated to matching income and principal amount as per custodian and data vendor like (DTCC, EUROCLEAR, and BLOOMBERG)
    • Resolved Prices, Commission, Net Money, Interest, Holding, Missing Trade, Quantity, Broker, Factor related issues by communication with custodian, IM or brokers; ensured all type of corporate action, mandatory and non-mandatory has been processed
    • Running FAS-91 reports and updated pre-pay assumption for Fixed-Income structured security that adjusted book value of portfolio
    • Give sign-off for Monthly /quarterly / yearly reports and updated Bonds & Issuer rating as per rating agency Moody, S&P, Fitch etc.
    Ensured embedded option like CALL, PUT, Convertible Info updated properly that impact book / market yield of security

Assistant Manager

HSBC
06.2016 - 02.2018
  • Managing daily P&L production of asset classes FX, Option, Future and so on; substantiating daily and monthly adjustments held in P&L and control accounts
  • Performing Balance sheet substantiation, attestation and control of ledger books and cost centers for all allocated businesses under team ownership, ensuring that all balances are validated and explained
  • Analyses, explaining and validating profit and loss per market moves, valuation adjustment, new trades and other influencing; supporting Finance System & Operating Model changes and changing business strategies
  • Coordinating with front office and traders regarding daily P&L verification, asset valuation, asset specific accounting guidance and conducting risk weighted asset reduction assessment
  • Working with trading desk, valuation control, front office, technology and other teams for resolving breaks
  • Participating in global call to sign-off P&L numbers and booking adjustment journal in ledger for resolving FOBO breaks
  • Preparing various reports for sign-off month end activity; providing information and answer to question for various audits, internal auditors, external auditors, financial institution and agencies
  • Ensuring that all processes are run in the most effective, efficient and timely manner to meet all SLAs
  • Adhering to KPIs, Internal metrics & FMG wide policies; developing/refining key controls and ongoing monitoring
  • Confirming daily Interest rate on CCY level in line with data vendors & Brokers and feed into HSBC main system.
  • Ensuring daily FX rates in line with Reuters that feed into main system and uses by various team and system for MTM.
  • Division: Product Control

Analyst

Blackrock
10.2010 - 05.2016
  • Finalizing trade and data file format including advance derivatives product as per market convention & Aladdin specification.
  • Loading trade into front office system Aladdin and making sure data has been flown in accounting system through interface for all products type with all required features.
  • Reviewing and finalizing trade conversion logic for STP (State through Processing) of trade file in Aladdin, managed risk analytics along with comprehensive portfolio management, Compliance Management, trading and operations for effective risk management.
  • Highlighting issue / bugs, writing test cases, document the test result and log issue in issue tracker like completed, in progress or in development phase
  • Conducted manual testing, assisted in Poller and FTP set-up connection with investment advisors, custodian and technology
  • Reviewing and building interface logic that feed security and trade data in downstream system also insure it’s fulfilled requirements of accounting standard / Risk Analytical / Cash Flow etc.
  • Supported project implementation for various team perspective like Cash-Reconciliation, Pricing, Compliance, Assets Reconciliation, Green Package (Risk Analytical), NAV, Derivatives Operations, Data Integrity Group (DIG), Portfolio Valuation and so on
  • Division: Fund Accounting/Middle office Support Services / Corporate Action / Proj Mgmt.

Education

MBA - Finance

ICFAI University
01.2010

M.Com. - Accounting & Finance

Dr. B. R. A. University
01.2010

B.Com. - Accounting & Finance

Dr. B. R. A. University
01.2007

Skills

Fund Accounting & Private Markets

Timeline

AVP

JPM chase
01.2023 - Current

AVP

JPM chase
07.2020 - Current

Sr. Manager

State Street
03.2018 - 06.2020

Assistant Manager

HSBC
06.2016 - 02.2018

Analyst

Blackrock
10.2010 - 05.2016

M.Com. - Accounting & Finance

Dr. B. R. A. University

B.Com. - Accounting & Finance

Dr. B. R. A. University

Senior Fund Accounting Analyst

BlackRock

MBA - Finance

ICFAI University

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