The document provides a professional summary for Ashok Kumar, who has over 6 years of experience in investment banking operations and asset management. It outlines his work experience with Invesco and Wipro in various roles involving fund administration, financial reporting, post trade reconciliation, and risk management. The summary highlights his skills, responsibilities in previous roles, and accomplishments.
SUMMARY
- Experience 7 years in Financial markets, Investment banking, Market data (Real time, Reference & Time series), Transformation, Business Analysis, UAT testing and Risk management & Reporting. Also exposure to SQL/PLSQL
- Good knowledge on SQL and PLSQL
- Operational activist including Equity, Fixed Income & Derivative pricing, corporate actions, Project management, Risk Analysis and Customer Support activities.
- Self-Motivated, performance oriented approach, cross functional work philosophy and believing in sharing the knowledge, expertise and good relationship.
Cash and Position Reconciliation & Settlement
- Performing custodian position (shares & cash) reconciliation.
End to end successfully completed Transition for two processes.
SUMMARY
- Experience 7 years in Financial markets, Investment banking, Market data (Real time, Reference & Time series), Transformation, Business Analysis, UAT testing and Risk management & Reporting. Also exposure to SQL/PLSQL
- Good knowledge on SQL and PLSQL
- Operational activist including Equity, Fixed Income & Derivative pricing, corporate actions, Project management, Risk Analysis and Customer Support activities.
- Self-Motivated, performance oriented approach, cross functional work philosophy and believing in sharing the knowledge, expertise and good relationship.
Cash and Position Reconciliation & Settlement
- Performing custodian position (shares & cash) reconciliation.
End to end successfully completed Transition for two processes.
Insight is a Risk Measurement and Management Tool. My role and responsibilities are –
• Working with development team to design workflows for feed governance and development using Informatica. It requires testing and verification.
• Working with business for requirement analysis/elicitations.
• Analyzing multiple interfaces and assisting in designing a common data interface to map different source files from Collateral, Trade, Position, Sensitivities systems to Sybase server.
• Working with Exposure Calculation Team to analyze any production issue for any Customer Account.
• Understand the existing and proposed framework. Review gaps, if any and suggest means to fill them.
• Working on Informatica 9.5.1 for the trade feed and checking the difference between UAT and Production.
• Checking the credit risk for the collateral trades and sensitivity for each trade and sending the reports to CRM Team.
• Act as a nodal point between the operations, technology and branch team to understand and transform business objective.
• Provide support to the development team during the User Acceptance Testing (UAT)
Insight is a Risk Measurement and Management Tool. My role and responsibilities are –
• Working with development team to design workflows for feed governance and development using Informatica. It requires testing and verification.
• Working with business for requirement analysis/elicitations.
• Analyzing multiple interfaces and assisting in designing a common data interface to map different source files from Collateral, Trade, Position, Sensitivities systems to Sybase server.
• Working with Exposure Calculation Team to analyze any production issue for any Customer Account.
• Understand the existing and proposed framework. Review gaps, if any and suggest means to fill them.
• Working on Informatica 9.5.1 for the trade feed and checking the difference between UAT and Production.
• Checking the credit risk for the collateral trades and sensitivity for each trade and sending the reports to CRM Team.
• Act as a nodal point between the operations, technology and branch team to understand and transform business objective.
• Provide support to the development team during the User Acceptance Testing (UAT)
Insight is a Risk Measurement and Management Tool. My role and responsibilities are –
• Working with development team to design workflows for feed governance and development using Informatica. It requires testing and verification.
• Working with business for requirement analysis/elicitations.
• Analyzing multiple interfaces and assisting in designing a common data interface to map different source files from Collateral, Trade, Position, Sensitivities systems to Sybase server.
• Working with Exposure Calculation Team to analyze any production issue for any Customer Account.
• Understand the existing and proposed framework. Review gaps, if any and suggest means to fill them.
• Working on Informatica 9.5.1 for the trade feed and checking the difference between UAT and Production.
• Checking the credit risk for the collateral trades and sensitivity for each trade and sending the reports to CRM Team.
• Act as a nodal point between the operations, technology and branch team to understand and transform business objective.
• Provide support to the development team during the User Acceptance Testing (UAT)
B.com, MBA (Finance) - with 9.8 years of experience in Capital Market – Fund Accounting & Portfolio Accounting, Have good knowledge in GAV/NAV in Hedge fund .
1. I ASHOK KUMAR
Contact: +91-9177001037 / Email: inapala.ashok@gmail.com
PROFESSIONAL SNAPSHOT
Qualified MBA (Finance & Marketing) with over 6 years 9 months of experience in Investment Banking Operations &
Asset Management, Fund Administration/Financial Reporting process, Analysis, MIS, Reconcile Post Trade matching,
Nostro Reconciliations, Process Management and Corporate Actions(Dividend Processing).
Presently working with Invesco, Hyderabad as Senior Fund Administrator.
Exposure in handling and mentoring the delivery of high-quality customer experience, elevating customer
satisfaction, while adhering to the SLAs and work processes.
Well versed with using TLM, T24, KEY Link, Business Objects, Fund suite and few other applications for the
reconciliation process, Claims Processing and the payment cycles of all the ASIA and LDN markets operations.
Experience in making and understandings in Reconciliations, Financial Calculations, and Investigation and
Resolving discrepancies, in the unmatched trades, Managing TLM Transactions Excel Shortcuts, Excel VBA Macro
Coding.
An effective communicator with strong presentation, people management, interpersonal, negotiation, analytical
and problem-solving skills.
KEY SKILLS
Investment Banking Post Trade Reconciliation Dividend Processing
Stock & Cash Reconciliations Process Management Discrepancies & Settlements
Operations Support MIS / Financial Reports People & Team Management
Prime Brokerage Services Risk Management
SIGNIFICANT HIGHLIGHTS ACROSS THE TENURE
Honour of receiving appreciations from both the client and from the Employer for delivering the costing cutting of 2
FTE (Full time Employee) for 2013 Year.
Received Lean Project Certification from Employer.
Received “Thank You Award” under the category of Capacity and Risk control for November 2013.
Received “Thank You Award” under the category of Making It Happen for the month of September 2014.
Merit of handling smooth transition of the UBS Cash-Equities Reconciliation & Controls Process consistently
maintaining at off-shore.
Hold the distinction in achieving the excellent response and appreciation from client as well as employer for
consistently exceeding the expectations of the client and organization.
Efficiently reconciled the various financial statements between different systems internally.
Pivotal in providing training to the associate analysts and Analyst, monitoring and verifying the reports done by them,
conducting quality checking through conducting accreditation test after training.
Effectively established:
o Zero outstanding breaks with 0% errors at high volume and volatile markets.
o Descent client and agent satisfaction.
Actively involved in updating MIS and KPI on a daily & monthly basis for management review with 0% error.
Essayed a key role in carrying out:
o Recognitions as critical resource for the APAC process in controls team & Sydney Corporate Action.
o Appreciations from client for consistently exceeding the expectations and proactively providing the
required information.
2. CAREER CONTOUR
Since March’15 still date Invesco, Hyderabad
1. Invesco Hyderabad Pvt Ltd.
Invesco Ltd. is an independent investment management company. Invesco Ltd. provides a comprehensive array of
enduring solutions for retail, institutional and high-net-worth clients around the world.
Key Process Handled:
Title : Fund Administration/Financial Reporting process
Role : Financial Reporting process
Fund Administration working in conjunction with professionals in the US and Canada, performs services in support of
Invesco’s North American retail fund businesses. These services include the preparation and quality review of
financial data for inclusion in financial reports to fund shareholders, regulatory organizations and industry associations.
Roles & Responsibilities:
Preparing various schedules of Investments and other notes to Financials which form part of Shareholder’s
reports.
Preparing ICI (Investment Company Institute) reporting.
Toronto Fund taxation reporting.
Providing cover for other team members in their absence and assisting other areas, as required.
Contribution to overall team progress via team meetings / ideas / initiatives / training and development.
Escalating breaches to relevant parties in a timely manner.
Working as part of a team, ensuring SLA’s (Service Level Agreement)/all relevant regulatory requirements are
met and maintained, and escalating issues to Team Leader/Assistant Manager.
Preparing reports for the auditors if needed.
Performing other duties and special projects as and when assigned.
Professional -Skill Sets:
Fund suite, & Bloomberg – Fund Administration/Financial Reporting application (mutual fund accounting
system).
CAREER CONTOUR
Since Dec’08 WIPRO, Hyderabad
Growth Path:
Since Aug’13 Senior Analyst
Jan’11-Jul’13 Analyst
Dec’08-Dec’10 Associate
Key Process Handled:
Title : Sydney Corporate Actions – UBS Australia
Period : Since Oct’13
Role : Dividend processing for Sydney Markets.
This process is aim to update the Book Positions for all the Ex-Date Events.
Monitoring dividend events from ex date to pay date of event.
Executing Stock & Cash reconciliation.
Analyzing Stock & cash breaks.
Liaising & coordinating with various Internal & External teams on dividends queries.
Sending the claims on time and ensuring that payments are done in specified time.
Attending the client queries and responding within appropriate time.
Monitoring dashboards to analyze volumes & outstanding items.
Planning of future dividend volumes & allocating work.
3. Attending calls with onshore team on review of outstanding risk items.
Enhancing controls & procedures to robust the process.
Review of process documents and updating changes.
FormulatedStandardOperatingProcedures(SOP)asa part oftransitionteamof the process that was used for training
and as functionality agreements of the process.
Exchange of ideas with Change team to automate process as part of STP project.
Title : Prime Brokerage (SBL– UBS for EMEA Region)
Period : Jun’13-Sep’13
Role : The process was executed with the following responsibilities:
To clear all the agreed SBL (Stock Borrow and Lend) claims.
Matching of Nostro breaks in TLM.
Managed fail trades on a daily basis involving reviewing, following ups & updating the proper comments and to close the
fails in time.
Coordinated with Counterparties on getting the confirmation on both payables and receivables.
Ascertained that the instructions were in place right from passing the necessary entries to post in T24 application.
Processing thepaymentsusing key link and sending for releasethroughV1andv2 Verification to make sure that payments
are done accurately to avoid the reputational and monetary loss to the organization.
Successfully identified the breaks & allocated to the respective team and followed up to resolve and apply the funds.
Title : Risk & Controls – UBS for EMEA Region
Period : Jan’11-May’13
Role : The process was executed with the following responsibilities:
Responsible for preparing day to day risk and controls activities such as:
o Publishing daily dashboard for all the regions.
o Daily Supervisors checklist and task events.
o Providedinformationto Managersthroughvarioussummary reports that are usually generated through
accumulation of transaction processing data.
Produced reports periodically, or on a schedule, such as daily, weekly, or monthly.
Preparing and publishing the key risk reports for teams like Fixed Income, Main-Firm and Corporate actions.
Publishing the SAR reports for all the regions.
Developeda key-indicatorreport summarizesthepreviousday’scriticalactivities and is typically available at the beginning
of each workday.
Provided assistance to the Management in providing different kinds of reports like:
o Demand Reports - these reports are produced on demand or when requested by Managers.
o Exception Reports - these are automatically produced when a situation is unusual or requires
management action.
o Dill Down Reports - these reports provide increasingly detailed data about a situation.
Generatedreportsinaneasy-to-readandstandardformat, sotheManagersinvariousfunctionalareasfind consistencies in
the reports.
Identified the areas of manual intervention and implemented STP process using VBA functionality.
Created the SAR (Settlement Accounting Reports) which is the Risk report to analysis the breaks in different process.
Accountablefor understanding thenewrequirementsraise bytheteamsforcreating thedifferentreportsfortheir process
and providing an easy way to them to support in peak times.
Improved and maintained the utility and effectiveness of the management information systems and the utility &
effectiveness of the management information systems.
Troubleshooted the errors or shortcomings in the functioning of the management information systems.
Ensured the systems are user friendly and time effective in research, data extraction and report generation.
Conductedmarket researchtoincorporatethelatest hardwareandsoftwarecomponentstoenhancetheoperations of the
information systems.
Title : Controls team, Post Trade Reconciliation for UBS- Australia (Cash Equities)
Period : Dec’08-Dec’10
Role : Equity Associate Analyst
The process was executed with the following responsibilities:
The project involved the analysis of critical process requirements of Sydney Controls process, identify deficiencies and
potential opportunities and develop innovative and cost-effective solutions for enhancing.
4. Analyzing the risk and developing various types of reconciliations for controlling the risk. Also to perform risk
evaluation, review design and program development, plan and perform in-house audits, make reports, and make sure
that process meet work plan.
Environment / Applications Used :
SHARES - Application used for settling the trades for Sydney cash equities.
REX - Application developed for performing reconciliations
FITS - Fixed Income Trading System.
SHARES are connected to Australia Stock exchange through CHESS.
Reconciling various financial statements between different systems internally.
Identifying the breaks and issues and fixing the same.
Preparing daily, weekly and monthly reports for risk control and compliance management
Analysis of various risk reports.
Reconciling between various systems to evaluate positions and trades for various stock codes.
Maintaining complete records and producing the same when required for quarterly, half yearly and annual Audit and
Risk management.
Controlling the Risk by preparing various Reconciliations and advising the concerned to fix the same.
Preparing SAR reports for risk controls as per all legal and compliance regulations.
Set-up all financial relationships, systems, and processes necessary for Australia Generally Accepted Accounting
Principles (GAAP) compliance.
ACADEMIC CREDENTIALS
2008 MBA (Finance & Marketing) from St. Mary’s P.G. College (Osmania University), Hyderabad.
2006 B.Com. from Vivek Vardhani college (Kakatiya University), KHAMMAM Dist.
IT Skills: Well conversant with MS Office and Internet Applications. Ability to build Excel VBA macros.
PERSONAL DOSSIER
Date of Birth: 14th Sep, 1984
Address: House No: 12-2-413/32, Gudimalkapur, Mehadipatnam, Hyderabad - 500028
Languages Known: Telugu, English and Hindi.
Passport Number: H1043047