Financial Analyst Asset Management

linkedin.com/in/wilfredo-tirado

SUMMARY

Experienced and driven Accountant with a solid background of managing multi-million-dollar portfolio while providing analysis and Funds support within Operation Department and Back Office. Worked to reduce financing cost expenses and develop logical and advantageous operating plan budgets. Over 16 years of experience in asset management, investment and fund accounting. Responsible for overseeing managing multiple debts securities that includes High Yield PR Munis, US corporates, Agency Debentures, and Mortgages–Backed Securities. Computer literate in MS Office Suite, Mfact, IDC Pricing, Bloomberg, Reuter, GRX, Geneva, WSO, S&P Valuation, Fluent in English and Spanish.

Core competencies.

Quantitative Analysis

Work under Pressure

Risk Management

Adaptability

Repurchase Agreements Trading

Complex Problem-Solving

Financial Reporting

Financial Statements

PROFESSIONAL EXPERIENCE

BNY Mellon, Lake Mary Florida, USA March 2023 to Present

Senior Associate, Fund / Client Accounting

Serve as a Lead for day-to-day operations of a Large & Medium size fund accounting

support team, providing work direction and technical assistance on complex matters.

Prepare capital call and distribution calculation to facilitate capital funding requests from

clients. Facilitate wire instructions for vendor expense payments and review Fund

operating expense accrual budgets. Process portfolio trades activity for Fund investments

and review asset reconciliation and execute PNL allocation to Investors. Review and

prepare management and performance fee calculations, investor notice, capital

statement, auditing financial statements and onboarding new clients.

BNY Mellon, Orlando Florida, USA June 2021 to Feb 2023

Lead Representative, Fund /Client Accounting

Serve as a Lead for day-to-day operations of a Large & Medium size fund accounting

support team, providing work direction and technical assistance on complex matters.

Leads day-to-day accounting and net asset value (NAV) production functions (including

NAV construction & validation, NAV review, dissemination, and reporting activities) for

more complex funds. Reviews data and assists in resolving escalated problems that may

arise during the normal daily, weekly, or monthly accounting and reporting. Tracks data

and maintains accounting records for funds of higher complexity in accordance with

department policies and procedures. Coordinates review of reports and sharing of reports

with accounting teams. Reviews work of junior team members. Assists with maintaining

relationships with client staff. Assists in identifying and implementing process

improvements to reduce audit and financial exposure and improve team efficiency.

Santander Assets Management, San Juan, Puerto Rico 2017 to 2021

Repo Trader

Actively managed the liquidity and funding needs of leveraged mutual funds with over 1 billion in Assets Under Management (AUM) utilizing financial strategies including reverse repurchase agreements (REPO’s) interest rate swaps, and debt issuance.

•Implemented cash flow forecasting to manage the mutual fund’s cash position, short term investments and credit lines to provide adequate liquidity up to five (5) days in advance.

•Streamlined the repurchase agreement ticket generation process by designing and implementing automated procedures that reduced settlement risks and provide additional time for other portfolio management activities.

•Designed a multi-factor leverage analysis model that recommends the optimal repos collateral composition, which resulted in a reduction of approximately 40% of the funds’ financing/funding costs.

•Consolidated and regrouped all capacity, portfolio and trading reports into one single file easier for traders to retrieve the data.

Santander Assets Management, San Juan, Puerto Rico 2008 to 2016

Fund Accountant

Processed the mutual funds transactions and validated that the financial statements were in compliance with GAAP.

•Prepared NAV, P&L data and Capital Account Statements for funds.

•Reconciled cash activities, as well as calculated income accruals, interest/dividend payments and funds expenses.

•Automated the compliance reports used by the investment team to align with governing laws and regulations.

•Coordinated with Operation Department in tracking wire transfers.

•Prepared audited financial statements and audit schedules for assigned Funds.

•Reduced the time to complete the portfolio valuation process from 180 to 20 minutes (89%) by creating an Excel worksheet.

Banco Santander, Hato Rey, Puerto Rico 2007 to 2008

Investment Accountant

Completed all trade promptly and accurately captured and processed to the relevant system. Confirm all trade with the respective counterpart. Investigated all confirmation with discrepancies and resolved in a timely manner. Custody Reconciliation, Cash Reconciliation.

•Coordinated with cash management specialists in tracking wire transfers.

•Maintained the company’s bookkeeping records by reconciling all bank accounts.

•Worked closely with the Bank Treasurer including answering questions and reviewing the monthly financial packages.

EDUCATION

2001: UNIVERSITY OF PUERTO RICO, ARECIBO CAMPUS, PR

Bachelor Degree in Business Administration, Major: Accounting

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