WASIM AKRAM
Lead Analyst
Pune
Summary
Results-driven analyst with strong analytical, communication, and teamwork skills. Proven ability to deliver impactful insights, optimize processes, and support strategic decisions. Recognized for adaptability, collaboration, and a positive attitude, with a commitment to continuous learning and professional growth.
Overview
13
13
years of professional experience
1
1
Language
Work History
Lead Analyst Manager
BNY International Operations India Pvt. Ltd. Pune
05.2017 - Current
- Effectively performing /reviewing cash and asset reconciliation and doing research for exceptions clearing, transaction processing, Income and Expense related processing, Cap Stock Reconciliation etc.
- Processing and Reviewing Trade, Cap Stock/Subscription-Redemption, Expenses, and Sec-lending Income. Validating Portfolio Price movements, including stale pricing.
- Checking all corporate actions like Rate change, Return of Capital, Exchange Offer applicable to fund and ensure all booked correctly on accounting. Booking all income distributions, checking dividend income.
- Ensuring the quality of the day-to-day service is improved & maintained and meet the performance target as defined in the service level agreements (SLAs) for the client
- Excellence in NAV preparation and review, Fund Transition, SunGard Invest one Enterprise.
- Adhering to client agreed NAV delivery deadlines with utmost accuracy.
- Ensuring all income accruals and expense accruals are accounted for and validated. Processing of Trades, Capital Shares, Foreign Exchange Contracts and Expense Payments.
- SME for funds, preparation of SOP, ensuring all agreed reporting is completed & sent to the client.
- Verifying all in-kind transactions, orders and performing Unit reconciliation.
- Regularly updating the management on fund activities, other fund related issues and Co-ordinate with onshore team to get clarification on procedures and complex queries.
- Checking performance of cross training to team members to ensure quality and efficiency of work and ensure sharing of best practices.
- Responsible for reviewing staff level work, preparing work when needed, demonstrate technical expertise, and ensure that all deliverables are completed accurately and within agreed upon time.
- Plan and manage day-to-day deliverables and ensure completion. Effectively coordinate activities between multiple departments within BNY globally.
- Participates in the research and resolution of operational issues and provide clients receive timely responses to inquiries as stated.
- Understand risk at the operational level and comply with the risk escalation chain including timely notification of issues. Escalate all delays and issues regarding assigned deliverables timely to senior managers.
- Ensuring effective use of automation by fully utilizing internal Applications, and standard macros; make recommendations for technology and process improvements.
- Ensuring all controls/checklists and procedures are adhered to as well as makes recommendations for improvement.
- Providing guidance, coaching, and development opportunities to staff, including coordination of training sessions when needed, and prioritize focus on all aspects of employee engagement events. Attend all relevant training classes; proactively seek out additional trainings to further career development.
- Implementing all standard practices, processes, tools, and technology enhancements. Participate in the research and resolution of issues.
- Comply with internal, client specific and Standard Operating Procedures.
- Proactivily participate in client meetings and presentations as needed.
- Staff/resources planning, allocation and assignments.
Senior Associate
STATE STREET SYNTEL SERVICES PVT. LTD
11.2012 - 05.2017
- Reconciliation between accounting and investment manager (IM) data and resolve the discrepancy through appropriate means on accounting or query with IM for further details.
- To prepare comparison sheet which shows the details description of the portfolio like the basis point, and the market value discrepancy for each securities.
- Responsible for Fund Accounting and Reconciliation of Cash and Stocks exceptions with daily activities. Reconciliation includes research and investigations into FX Deals, Incomes, & Derivatives etc.
- Reconcile all types of trades like Market Trades and Corporate actions on Bank side and also responsible of settlement of trades as per contractual or actual settlement agreement.
- Evaluate various Accounting reports and Working Trial balance, calculate & prepare the finalized NAV file for review, sign off and publication for each of the funds on monthly basis.
- Analyze data, maintain client’s portfolio and prepare various accounting reports for the Clients and Management – NAV report with daily variance, ROR reports, Issue Summary report, IM Reconciliation report, Fund Receivable & Payable report, etc.
- Reconciliation of Investment manager data with State Street data (Equity, Cash, futures & Option, Stock, prices Reconciliation) Responsible for Interest accruals validation on Bank side and also to check and validate the income which is received on custody side.
- Providing client with the monthly valuation of the NAV of their Portfolio which helps them to know their current position of holdings, cash and which in turn helps their futuristic decisions of their investments.
Education
MBA - Finance
ICFAI University
04.2001 -
Bachelor of Commerce -
Mumbai University
Mumbai, India03.2012
Higher secondary Certificate -
B.S.E.B Board
03.2009
Secondary School Certificate -
C.B.S.E Board
03-2007
Skills
Familiar with Application Software required for Office Automation ie Microsoft Word, Excel, PowerPoint and Bloomberg etc
Achievement & Extra Activities
- Earned multiple client appreciations for consistently delivering outstanding work, demonstrating dedication, attention to detail, and commitment to excellence.
- Recognized with several prestigious awards:
Syntel Champ Award & Titan of the Month Award
Spot Recognition from clients and senior management for successfully managing critical projects - Ensured transparency and accountability by publishing live status reports to clients and stakeholders, providing timely updates in line with SLA commitments.
- Served as Subject Matter Expert (SME), assisting team members in resolving complex client queries and driving operational efficiency.
- Contributed to team development by training new members and actively organizing process-level training sessions.
Timeline
Lead Analyst Manager
BNY International Operations India Pvt. Ltd. Pune
05.2017 - Current
Senior Associate
STATE STREET SYNTEL SERVICES PVT. LTD
11.2012 - 05.2017
MBA - Finance
ICFAI University
04.2001 -
Bachelor of Commerce -
Mumbai University
Higher secondary Certificate -
B.S.E.B Board
Secondary School Certificate -
C.B.S.E Board