HEMANT BENDRE, PMP
Morganville NJ 07751
Home: 732-***-**** ********@*****.*** Cell: 908-***-****
PROFILE
IT Project Manager with extensive experience in developing and managing
mission critical web based applications. Experience interacting with senior
management from business and IT. Leader and team player with good people
skills. Complete Software Development Life Cycle (SDLC) experience with On-
shore and Off-shore development model. Business experience includes
Financial Services, Wealth Management, Alternative Investments, Stock
Options, Restricted Stocks and Stock Purchase Plans and Administration.
. Developed Technology strategy and road map for Alternative Investment
business.
. Savings of more than 30% for the Hedge fund launch and ongoing expenses.
. Automation and reengineering of Alternative Investment processes,
resulting in substantial reduction in risk, errors and delays.
. Reduced the fund launch duration by 30% after implementing PerTrac tools
and databases.
. Provided Financial Advisors with a single state of the art platform to
conduct Alternative Investment business.
. Various initiatives with CEFS One Source contributed to the in-flow of
more than $500 M in assets to UBS.
. Part of the team which developed industry pioneer Internet based Stock
Options business model at Smith Barney.
PROFESSIONAL EXPERIENCE
UBS FINANCIAL SERVICES INC., (Wealth Management USA), Weehawken, NJ 1999 -
2010
Alternative Investments (AI)
Director- Technology Project/Program Manager (2006 - 2010)
Worked with AI senior management to develop strategic and tactical
technology initiatives, with a goal to substantially increase the assets
under management. Started a new group to support various initiatives for
AI. Responsibilities included application systems design, development and
support, providing technology advice, stakeholder communication, annual
technology planning and budget management, meetings coordination, status
reporting, project tracking, risk management, resource planning and
allocation etc., with budget of more than $3M. Business knowledge of Fund
Accounting, Due Diligence processes and Fund Operations processes.
. Completed process of licensing and integrating vendor product PerTrac CMS
and PerTrac Analytics for Due Diligence team for Hedge funds & Fund of
funds. These tools assist fund managers in qualitative and quantitative
analysis of 3rd party fund manager. Some of the tasks: Vendor evaluation
(RFP process), Contract negotiations, Managing UBS cross-functional team
to integrate the product in UBS environment.
. Strategic Automation of Investor Services Subscription (Investment)
Process for AI Investors: Architected, designed and developed platform to
order fund subscription documents and invest via Internet in various AI
products. This automation provided Straight Through Processing (STP). It
resulted in 30% savings, risk mitigation, audit-trail and process
improvements. The development was done using RUP methodology (Iterative)
and J2EE Technology (IBM WebSphere, DB2, JMS, Web services, Spring
framework).
. Development and support of various reports for Investor Services group
and Financial Advisors.
. Developed and taught internal training courses such as Alternative
Investments Concepts.
. Led and completed requirements gathering phase for 2010 initiatives such
as e-delivery of fund documents and usability initiatives for Investor
Services. Started analysis for a number of 2011 initiatives such as
automation of Fund redemption/tender, Capital calls, Transfers,
Partnership Allocation system and Data-mart.
Web Administration and Financial Reporting
Associate Director, Development Manager (2004 - 2006)
. Managed 1st project within UBS financial services with Off-shore and On-
shore model.
. Part of the team which planned the initial setup of the off-shoring
process resulting in substantial savings.
. Developed Global platform for Web Administration and Financial Reporting.
As part of this project managed project with development teams and users
located in USA, Ireland, Zurich and India.
HEMANT BENDRE, PMP
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Home: 732-***-**** ********@*****.*** Cell: 908-***-****
Corporate Employee Financial Services (CEFS) One Source
Technical Lead and Architect (1999 - 2004)
. Led and Completed redesign of CEFS One Source website which supports
Stock Options, Restricted Stocks and Stock Purchase Plans for many
Fortune 500 Companies. It is used by more than 800,000 users.
. Multi-lingual CEFS - Re-architected CEFS One Source website to support
additional languages such as German, French, Spanish, Japanese.
. Project Manager and Lead Architect for Restricted Stocks Application
(RSA): Brought in 60,000 new optoinees and $400M in assets into UBS from
Fortune 100 client.
SMITH BARNEY, New York, NY 1997 - 1999
Sr. Programmer Analyst
. Member of the team that developed a Web based application Stock Options.
This application allows corporate clients to exercise stock options over
the Internet. The major clients: Microsoft, IBM, Compaq and Applied
Materials etc. The website is used by more than 500, 000 users.
. Developed Transaction History, Stock Options Tutorial and E-mail modules
using CGI (Perl 5.004, HTML 3.0, Netscape).
. Developed multi-threaded Java Server to communicate with ORACLE database
using Java.
UNITED PARCEL SERVICES, Ramsey, NJ 1993 - 1997
Programmer Analyst
. Developed Web pages for Package Systems on UPS intranet using HTML, CGI
and JAVA Applets.
. Team lead for development team which developed an application Operation
Control Systems (OCS). It is a client-server application to aid Package
Scanning and Tracking. Technology used was Windows NT, Visual Basic, C++
and Oracle.
. Member of development team which developed a client-server application
Package Center Information System.
PENCOM SYSTEMS, INC., New York, NY 1989 - 1993
Sr. Consultant
Represented Pencom Systems on following projects as a Consultant:
. IBM Corp., Southbury CT: Member of Integration Testing and Development
for Company wide Payroll System (NEDS).
. IBM (ISSC): Member of development team, which developed a marketing
application Market Owner's Workbench.
. IBM Austin, TX: Tools development for LAN Manager testing.
EDUCATION
MS, Computer Science, New York Institute of Technology, New York, NY
BS, Electrical Engineering, College of Engineering Pune, Pune, India
PATENTS
United States Patent # 7,529,701: System and method for implementing
employee stock plans
CERTIFICATION
Project Manager Professional (PMP) since 2005
HEMANT BENDRE, PMP
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Home: 732-***-**** ********@*****.*** Cell: 908-***-****
TECHNICAL SKILLS
Operating System: Solaris 5.6, AIX 4.2, Windows 2000, UNIX, Linux
Languages: Java, JSP, XML, UML, Perl, C++, C, HTML, SQL,
JavaScript, VB, .Net
IDE: IBM RAD, WSAD 5.1, Visual Age for JAVA (2.0 and 3.0)
Middleware: IBM MQ series
RDBMS: Sybase system 12.5, Oracle 8i & 9i, Access, DB/2, MS
SQL Server
Other Tools: JDBC, Java Mail, PVCS Tracker, Maven, PVCS, JMS, MS
Office (Project, PowerPoint, Excel, Visio), Rational
Rose 4.0, ANT, JUnit, Load-runner testing tool,
Visual Explain, HP Mercury Quality Center, FOP,
iText, AJAX, JSF, Cognos.
Web Servers: Netscape Enterprise Server 3.62, Microsoft Internet
Information Server (IIS), Iplanet
Application Servers: IBM Websphere App. Server (5.1, 6.1), Actuate Active
Portal, BlackBerry Enterprise Server.
Design pattern: Model View Controller MVC2
Hardware: Pentium, RS/6000, Sun
Network OS: Windows 2000/XP, LAN Manager, NetWare 4.0, Windows
NT
Frameworks: Struts, Spring
Development Rational Unified Process (RUP), Agile, Waterfall
methodology:
Alt. Investment PerTrac CMS and PerTrac Analytics
Tools:
Business Used Cases, Functional Requirements
Requirements:
Alternative Hedge funds, Private Equity funds, Real Estate,
Investment Knowledge Managed Futures:
Hedge Fund Strategies, Fund Accounting, Due
Diligence process, Fund Operations, Fund Life Cycle
(launch, investment, closing)