Narendran Jayaraman (Naren)

**** ******* *** **, ******** MI 49512

201-***-**** ● ac5p5o@r.postjobfree.com

Work Experience

Sr. Financial Analyst - MACQUARIE GROUP Jacksonville, FL

Macquarie is an Australian diversified financial group providing clients with asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities. This position reported to the Division Director, reporting to the CFO.

Aug’16 – Jun'17

Supervised a team of four financial analysts responsible for daily financial reporting and Balance Sheet reconciliation for the Credit trading group.

Mitigated the firm's financial risk by reporting accurate balance sheet exposure to hedge their positions in the market.

Managed the month end General Ledger closing process including journal entries, inter-company and reported vs. actual reconciliation.

Developed the technical skills of the team through cross-training and involvement in Finance projects.

Reason for change: Resignation; relocated to Grand Rapids, MI after family moved here in summer, 2017.

Sr. Financial Analyst - RBC Capital Markets Jersey City, NJ

RBCCM is a premier global investment bank providing expertise in banking, finance and capital markets to corporations, institutional investors, asset managers and governments around the world. This position reported to the Sr. Manager, reporting to the Global head of Product control.

Jan’15 – Jan’16

Automated the end of day revenue reporting process for all credit products resulting in time savings of over 90%.

Implemented strong controls and checks in the production files in compliance with regulatory requirements.

Spearheaded efforts with Finance & Project management in the successful implementation of revenue explain reports for Equity products.

Monitored Asset valuation reserves for Credit products based on GAAP principles.

Prioritized month end close activities resulting in accurate GL close ahead of deadline.

Compiled general ledger entries on a short schedule with nearly 100% accuracy.

Created self-populating journal templates validated by spreadsheet controls for quick and efficient journal posts.

Reason for change: Downsizing across the bank.

COMMERZBANK AG New York, NY

Commerzbank is an international commercial bank based in Germany, servicing Private and Small business customers, as well as corporate clients. Position reported to the Market Risk Director, reporting to the Regional Chief Risk Officer.

Market Risk - Treasury, Mar’13 – Sep’14

Generated daily financial statements for the Treasury desk.

Designed and implemented a comprehensive daily report showing detailed breakdown of all Treasury units by price, margin spreads, market risk and balance sheet position.

Performed and reported results of stress testing of trading portfolios in compliance with BASEL provisions.

Reduced the number of medium audit points by 60% through continuous improvement of existing controls and procedures.

Trained finance staff on month end GL close process

Reason for change: Downsizing across the bank.

Financial Analyst – Commercial Loans & Bonds, Aug’08 – Mar’13

Instituted processes and procedures towards the successful launch of the Secondary Loan trading business.

Actively involved in systems and entity migration from the Legacy system to the Commerzbank platform.

Compiled general ledger entries on a short schedule with nearly 100% accuracy.

Participated in discussions for the Oracle GL upgradation, performing User acceptance testing (UAT) and providing feedback.

Reduced medium and high audit points by 50% through continuous spreadsheet controls.

Reason for change: Internal transfer.

Financial Analyst - JPMORGAN CHASE New York, NY

JPMorgan Chase & Co. is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.

Mar’08 – July’08

Provided insightful commentary on the market movements on underlying factors, thus enabling sales personnel to change strategies where needed.

Compiled general ledger entries on a short schedule with nearly 100% accuracy.

Created periodic reports comparing budgeted revenue to actual revenue.

Generated cost savings of $2,500 per month in additional Bloomberg subscription costs by interfacing an existing terminal with MS-Excel to generate reset dates for interest rate products and financial derivatives.

Reason for change: Downsizing following acquisition of Bear Stearns.

Financial Analyst - BARCLAYS CAPITAL New York, NY

Barclays is a British financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management. This position reported to the Director, product control, reporting to the Regional CFO.

Oct’07 – Mar’08

Mitigated the valuation risk of securitized Credit products through independent pricing of current positions in relation to the market.

Reduced the number of untested positions by 75% through a combination of pricing models and external pricing sources per FAS 157.

Coordinated efforts with the data warehouse team reducing integrity issues by 70%.

Reason for change: Downsizing following onset of the credit crisis.

Finance Advisory Consultant - KPMG LLP New York, NY

KPMG is a global network of independent member firms offering audit, tax and advisory services.

Jan’06 – Sept’07

Project at Goldman, Sachs & Co. – Credit derivative settlements

Established longstanding relationships with external counterparts leading to the successful settlement of over 5,000 credit default swaps.

Created an Access database used by the confirmation team to determine pending credit settlements resulting in time savings of 70%.

Project at AIG International – Balance sheet validation in compliance with the annual audit process

Validated balance sheet accounts as part of the annual audit process.

Met with clients to identify and assess business controls, risks, process gaps and work flow inefficiencies.

Reported internal control issues to management and recommended corrective measures to mitigate the associated risks.

Project at Board of Education, State of New Jersey

Performed in-depth external audit of purchase orders in two Abbott school districts in New Jersey.

Gathered data for internal audits through interviews, financial research and physical documents.

Communicated audit results to senior management through written reports and verbal presentations.

Articulated audit findings, risks and detailed recommendations to the clients.

Reason for change: Resignation.

Skills

GAAP and IFRS knowledge

Financial Statement analysis

Excellent MS Office knowledge

PeopleSoft GL

Oracle Business Intelligence

Hyperion Essbase

Working knowledge of VBA

Education and Certifications

Candidate for Certified Management Accountant (CMA) Part 1

Master of Science in Finance June, 2004

Illinois Institute of Technology – Stuart Graduate School of Business Chicago, IL

Master of Business Administration – Finance May 2001

University of Madras Chennai, India

Bachelor of Arts – Economics May, 1999

University of Madras Chennai, India

Master Project Manager (certification) February, 2016

American Academy of Project Management

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