Financial Analyst Services
Resume:
Satyanarayana Rao
ad5n4y@r.postjobfree.com
https://www.linkedin.com/in/satyanarayan-rao-a855b530/
Professional Summary
Senior Business Analyst with over 23 years of experience in mortgage banking, financial services, auditing, credit analysis, and product management also skilled in financial analysis, metrics analysis, consumer and commercial loans, accounting and auditing, capital market, database management, treasury analysis, digital transformation, and fixed income accounting. With extensive experience accruing deep functional expertise in banking, financial services, products, and instruments, including equities, bonds, security backed lending & treasury. Recognized ability to identify and recommend measurable process improvements. Good understanding on Capital market such as Equities, Equity Derivatives Fixed Income - Corporate Bonds, Government Securities, Mortgage-Backed Securities (MBS), Collateralized Mortgage Obligation (CMOs), Asset Backed Securities (ABS), Collateralized Debt Obligation (CDOs).
EDUCATION
University at Buffalo, SUNY, Bachelor of Science in Accounting and Finance Aug 1994 – Feb 1997
Erie County Community College, Associate of Applied Science in Business Administration-Accounting Sep 1991 – Aug 1994
AREAS OF EXPERTISE
Financial Analysis
Metrics Analysis
Consumer and Commercial Loans
QA / QC
Accounting and Auditing
Credit Analysis, Credit Market
Fraud Analysis
Mortgage Underwriter, Residential & Commercial loan (Hud, VA, Fannie Mae & Fredie Mac)
Risk Analysis
Database Management
Treasury Analysis
Wealth and Investment Management Capital Market, Credit Analysis
Digital Transformation
Compliance
Forecasting
SKILLS
VB
SQL, Oracle
PeopleSoft
MS Project
MS Access
Excel
Macro with VBA
JIRA
Black Knight MSP
Agile/Scrum Methodologies
SDLC
Hyperion and HFM
Workday
QB
ISO 9001
Tableau
Pivot Table
Microsoft Office(Word, Excel, Access & Power Point)
Python
Power B1
EXPERIENCE
BFNC: Buffalo, NY, Nov 2023-Present
Account Manager- Financial Analyst/Audit
Assesses and completes monthly claims, tracking total spend against remaining budget amounts and projects trends for current funding year in an efficient and timely manner.
Works skillfully in all funder systems and applications including WNY Counties contract management system and NYS CFR system
Monitors cash flow and cash on hand for each grant, reporting consistently each contract’s current financial status, reducing over- under spends and ensuring that grant dollars are used and spent in ways that meet grant financial requirements and budgets.
Reviews and updates BFNC’s Claim Processing Guidelines based on funders changing requirements allocation of revenue and expenses to the right accounts and programs, routinely checking in with grant managers on status of information.
Continually develops the use of technology to manage and improve grant activity, streaming claims processing by integrating it into the general accounting system and optimizing the data flow.
Coordinates with and continually assists program managers on accuracy of coding expenditure documents to assure the proper program and funding source is reported and meets our reporting requirements.
Collaborates with relevant agency leaders to review and revise allocation decisions based on funder requirements, developing contingency plans where needed.
Provided assistance in general accounting tasks within the department.
Assists in special projects as needed.
Supports development and forecasting of accruals for Finance and Accounting for various financial statement items.
Develops ad hoc reports as a supplement to routine management reports through query building and data extraction.
Budget Analyst develops, coordinates, and manages the annual operating budgets.
Develop and maintain regular treasury reports for executives to review!
Restoration Society, INC (Non-profit Organization): Buffalo, NY Jun 2023 – Nov 2023
Senior Accountant-Financial Analyst/Audit/CFO
Prepared monthly financial statements, reports, as well as records through collecting, analyzing, and summarizing account information.
Held responsibility for monthly journal entries, general ledger account reconciliation, program reports, periodic program vouchers & balance sheet reconciliation.
Maintained bank accounts by requesting disbarments.
Reviewed/reconciled bank statements.
Researched and reconciled all discrepancies.
Audited and verified documents.
Handled financial and profitability analysis based on requests.
Worked closely with contracts, purchasing, human resources and operations to ensure accuracy and coordination of pricing data
Supports budget development process including forecasting and actual budget comparison. Communicates with external departments to support budget preparation.
Develops, coordinates, and submits for Budget Officer’s approval the annual General and Administrative offices Operating Budget which reflects total income and expenses for the fiscal year.
Key Bank: Amherst, NY May 2021 – Jun 2023
Business Analyst/Credit Analyst/Loan Auditor/ Financial Analyst
Assisted with financial and management reports, analysis, metrics by means of monitoring and forecasting
Engaged with members of Treasury, ALM, Independent Market Risk and Finance to explain drivers of variances in interest rate risk measures weekly and monthly.
Worked with Fixed Income, Bonds and Bond Trading Cycle, Bond Pricing, Equities, Trade Cycle, Derivatives (Options and Futures), Portfolio Management, Sales and Marketing
Analyzed, presented, and reported on the Company’s detailed balance sheet, income statement, and regulatory capital forecasts.
Reviewed all information and documentation ensuring compliance with regulations.
Good understanding of Financial Statement Analysis, Capital Budgeting, Portfolio Analysis & Stock Valuation.
Experienced in reconciling bank statements, balance sheets, and outstanding encumbrances at the end of the fiscal year
Implemented automatization and maintenance of reports and dashboards.
Gained ample knowledge in margin lending with LO, LP, and calculated LTV.
Performed financial forecasting,
Assisted with annual business plan and rolling plan,
Helped with a variety of analysis of actual versus forecast.
Reconciliated internal accounts to assess strategic decision alternatives.
Strong programming experience in SQL. Microsoft certified professional for Querying Microsoft SQL server.
Worked with residential mortgage loans on the correspondent mandatory trading desk.
Experienced in production and distribution of daily rate sheets for all origination channels.
Prepared reports (data mining, build reports, report formatting and analysis) and dashboards to support various departments.
Assisted management in constructing the annual operating plan of revenues, funding, expense, and capital projects.
Managed and lead the implementation of data governance using Microsoft project, Visio, PowerPoint, SharePoint tools, and other training programs
Created and maintained relationships with correspondent sellers, hedge advisors, and external pricing engines.
Worked with clients and sales teams to obtain necessary documentation for account opening.
Researched and validated entity data using appropriate internal and external data sources.
Prepared timely, compliant, and accurate pricing models.
Performs actuarial analysis and modeling including but not limited to reserves, pricing, and forecasting.
Proposes and assists in the development of process improvements and automation within the department.
Wells Fargo: Buffalo, NY Jan 2021 – May 2021
Financial Analyst/Business Analyst/Credit Analyst
Determined process recommendation documents including presentations, process maps, supporting metrics, business requirements and related impact.
Gained knowledge in risk and change management, issue tracking, as well as requirements in gathering system to maximize the efficiency of LSRR business systems.
Experienced in performing general ledger operations, correcting action plans, reviewing internal controls, preparing recommendations, and reconciliations.
Highly Skilled in generating reports including current investment and economic news, the stock market, financial sectors, investment strategies, and investment model reviews for clients.
Managed the IT Software development of the Treasury & Capital Markets systems, supporting Foreign Currency, Derivatives transactions, fixed income, and payment systems with interfaces to Swift, Chips, and Chaps.
Supported regulatory capital forecasting process by sourcing relevant inputs from business partners, organizing consolidated data, and applying regulatory capital rules to project Wells Fargo's capital adequacy in both baseline and stress scenarios.
Validated market data inputs, reports, and analysis
Obtained knowledge in audit financial information
Established project timelines and monitored the clients’ implementation schedule to ensure that the project meets targeted completions dates.
Worked on share trading platform to trade in equities, derivatives, and currencies.
Designed and implemented basic SQL queries for data warehouse and did data profiling.
Understanding fixed income bonds trading and regulatory requirements.
Created financial forecasts and analyzed risk.
Conducted monthly expense analysis.
Assisted in monthly close procedures to achieve a timely and efficient process.
Created monthly, quarterly, and annual financial statements.
Investigated and analyzed credit risks using credit agency tools and information.
Handled residential mortgage loans on the correspondent mandatory trading desk.
Worked with clients and sales teams to obtain necessary documentation for account opening.
Supported and monitored the timely and accurate execution of sales as well as client requests to the group.
Populated account opening, market opening, and tax documentation.
Ensured all documents are collected, verified and stored, and provided status back to the client.
Reviewed and investigated potential sanctions and money laundering hits from screening applications.
Developed competitive analysis by researching available government databases and compiling the data into a database used for intel-based pricing
Citizens Bank: Buffalo, NY Oct 2020 – Dec 2020
Business Analyst/ Financial Analyst/Data Analyst
Gained experience in product control operation with fixed income products.
Obtained knowledge in fixed income accounting and financing knowledge.
Analyzed financial data & provided forecasting support.
Prepared reports and projection based on financial data.
Evaluated current & previous financial data.
Creating and maintaining the database using SQL and Excel.
Prepared data and analyses for reporting and audits
Created Reports running hoc query using SQL.
Conducted margin lending with LO, LP, and calculated LTV.
Reconciled balance sheet accounts and investigated discrepancies.
Assisted in the preparation of monthly, quarterly, and annual financial reports.
Prepared and recorded journal entries to ensure accurate financial statements.
Conducted residential mortgage loans on the correspondent mandatory trading desk.
Experienced in production and distribution daily rate sheets for all origination channels.
Worked with clients and sales teams to obtain necessary documentation for account opening.
Researched and validated entity data using appropriate internal and external data sources.
Supported and monitored the time as well as accuracy of sales execution and client requests to the group.
Gained knowledge in mortgage-backed securities, CMOs, TBAs, and asset servicing.
Citi Group: Getzville, NY Sep 2019 – Sep 2020
Business Analyst/ Financial Analyst/Risk & Treasury Management Reporter/Auditor
Prepared monthly and weekly GAP presentations for ALCO and senior management.
Maintained regular variance reports for GAP IRE and EVS as well as identified and escalated potential issues.
Engaged with members of Treasury, ALM, Independent Market Risk and Finance to explain drivers of variances in interest rate risk measures weekly and monthly.
Analyzed, presented, and reported on the Company’s detailed balance sheet, income statement, and regulatory capital forecasts.
Reviewed and provided executive summary for monthly presentations on consolidated accrual interest rate risk metrics for Citigroup ALCO, Citibank, N.A. ALCO, and Board of Directors meetings.
Processed recommendation documents including presentations, process maps, supporting metrics, business requirements and related impacts.
Used the Agile methodology during the whole SDLC, facilitated daily scrum meeting and ensured the integrity of the agile process.
Presented and reported on balance sheet, income statement, and regulatory capital forecasts.
Implemented policies as well as procedures for investigating and evaluating new and existing customer credit worthiness and extended or revoked credit lines/limits.
Recommended and implemented credit extensions/revocations.
Conducted market research and analysis in Capital Markets consisting of Stock Market and Bond Market
Done fundamental analysis and technical analysis of stocks based on research reports.
Developed and maintained relationships with outside credit agencies.
Prepared and recorded journal entries to ensure accurate and timely financial statements.
Reconciled balance sheet accounts and investigated discrepancies.
Assisted in the preparation of monthly, quarterly, and annual financial reports.
Provided support to Capital markets and prepared presentations for all marketing pitches and provided required materials.
Prepared reports (data mining, build reports, report formatting and analysis) and dashboards to support various departments.
Produced and distributed daily rate sheets for all origination channels.
Developed and updated quarterly reporting for CRM Business Risk Office
Provided ongoing support and guidance to CRM business partners regarding all issues and associated action plans.
Ensured the timely collection of margin payments and receipts by escalating late payments and issues with cash-flow as per procedures
Assisted in timely collecting and submitting relevant and required management information for the Collateral Operations area.
Researched and validated entity data using appropriate internal and external data sources.
Performed client documentation searches across internal and external sites as well as compiled client profiles.
M&T Bank: Getzville, NY Jul 2013 – Aug 2019
Document and Control Specialist /Financial Analyst/Business Analyst/Data Analyst
Prepared modification packages for FHA, VA AND USDA and managed portfolio of default loans
Managed quality control complex accounts specializing in Loss Mitigation Closing
Tracked updates of business/market trends that may affect business department.
Ensured alignment of financial center resources to best serve clients and core financial needs.
Prepared modification packages for FHA, VA, and USDA loans,
Managed a portfolio of default loans and performed quality control on complex accounts specializing in Loss Mitigation Closing
Reconciled balance sheet accounts and investigated discrepancies.
Provided strategic business analysis services to business partners in capital market.
Produced and distributed daily rate sheets for all origination channels.
Used JIRA to write user stories as part of the AGILE methodology.
Handled residential mortgage loans on the correspondent mandatory trading desk.
Worked with clients and sales teams to obtain necessary documentation for account opening.
Partnered with Accounts Control team to ensure KYC/AML/MiFID and guaranteed other regulatory reviews on every client was performed.
Provided guidance in the role of subject matter expert in the areas of account opening and local market documentation to both Citi staff and external clients.
Documented credit risk ratings management process and risk models based on Compliance & Regulatory Policies.
Researched customer account information in terms of debit, credit, and investments (fixed income, mutual funds, equities, etc.)
Gained knowledge in product management, strategy & product development.
Identified data anomalies as to AML initiatives, AML/BSA regulations and industry best practices.
Monitored transactions of assigned accounts to assess suspicious activity such as money laundering
Managed and approved customer Due Diligence Profiles for Corporate Banking
Conducted analysis of credit risk of prospective and existing Commercial Loan customers
Prepared loan approvals and review/renewals that effectively communicate risk analysis.
Analyzed borrower financial information to determine the best possible solution.
Analyzed financial related matters and conducted research in the financial and cost saving performance area.
Obtained knowledge in Margin Lending with LO, LP, and calculated LTV.
Investigated and analyzed credit risks using credit agency tools
Analyzed credit risk for prospective and existing Commercial Loan customers,
Prepared loan approvals and renewals that effectively communicated risk analysis.
Conducted financial research to identify cost-saving performance measures in margin lending while investigating and analyzing credit risks using available tools
Bank of America: Getzville, NY Oct 2009 – Jun 2013
Financial Analyst/Credit Analyst/Business Analyst/Data Analyst/Auditor /Treasury Analyst
Provided support to Capital markets and prepare presentations for all marketing pitches and provide required materials.
Analyzed and prepared materials for all capital markets and evaluated all approvals.
Managed account portfolio to ensure documentation and account decisions comply with banking policies, investor guidelines, and applicable regulations.
Assessed income/expenses, property value and variances between properties and buyer offers.
Served as liaison to investors such as Fannie Mae, Freddie Mac and gained approval for settlements.
Prepared loan approvals and reviewed renewals for consumer and commercial loan that effectively communicate risk analysis
Performed the monthly profit and loss closing process.
Worked extensively on data mapping for integrating data with respect to stock prices and other market related information from Bloomberg, Reuters, Capital IQ, etc.
Prepared various capital market reports on a weekly and monthly basis.
Assisted various departments in all capital projects for capital markets.
Participated in annual budget process and cost saving activities in corporation with each department.
Gained knowledge in margin lending with LO, LP, calculated LTV, and underwriter.
Implemented policies as well as procedures for investigating and evaluating new and existing customer creditworthiness and extended or revoked credit lines/limits.
Coordinated with internal departments to resolve billing disputes that may affect the ability to collect receivables.
Reviewed and made recommendations regarding bad debt or write-offs.
Developed and maintained relationships with outside credit agencies.
Recommended and implemented credit extensions/revocations.
Handled complex decisions based on analytical research and judgment.
Prepared and recorded journal entries to ensure accurate and timely financial statements.
Reconciled balance sheet accounts and investigated discrepancies.
Assisted in the preparation of monthly, quarterly, and annual financial reports.
Analyzed financial data and provided insights to management.
Worked with clients and sales teams to obtain necessary documentation for account opening.
Researched and validated entity data using appropriate internal and external data sources.
Interacted with client regarding the latest status and current onboarding actions.
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