Sales Account
Resume:
Shobin Varghese
****************@*****.***
Summary: Back/Middle office professional with over 13 years’ experience in financial services supporting both domestic and international products including equities, fixed income, mutual funds, foreign exchange, alternative investments, fixed term deposits, loans, futures and OTC derivatives. Demonstrated ability to lead and work with cross-functional teams in APAC, EMEA and North America and manage multiple projects. Functional responsibilities have included reconciliation, performance / client reporting and onboardings.
EMPLOYMENT HISTORY
Schroders Investment Management New York, NY
Investment Transition/Onboarding Manager 12/2018 to Present
Support the investment desks, client service and fund administration teams by onboarding and project managing new funds and client launches worth $25M to $1B.
Lead, organize and project manage client and funds onboarding processes across all of the infrastructure groups including finance, operations, legal, compliance/risk, sales/distribution, product, financial advisor and tax.
Manage all operational aspects related to transition activities such as in-kind transfers, custodian changes, fund restructures, fund mergers, market openings, name change and account terminations.
Facilitate new business onboarding with internal and external parities and ensure the new portfolio is setup timely and properly in Aladdin to commence trading.
Provide subject matter expertise to all aspects of onboarding to help ensure all details are fully researched and addressed by all affected groups in the firm.
Manage and build partnership with stakeholders including business heads, 20 + portfolio managers and other investment desk members in order to prioritize, answer questions and solve problems on all onboarding issues.
Focus on complicated client and fund launches by interacting with senior managers and external contacts while ensuring project timetables and critical paths items are on point.
Liaise with legal and counterparties to support Dodd-Frank and EMIR requirements.
Facilitate the onboarding of OTC derivatives trading in new funds and accounts by coordinating with legal for ISDA Master agreement, GMRA and other documentation requests.
Review constitutive documents such as formation / incorporation documents; offering memorandum, admin agreements & investment management agreement to obtain all relevant information for establishment of entities on Aladdin.
Inform all stakeholders about all upcoming activity by clarifying current statuses, expectations and ensuring engagement as schedule change.
ALLIANCEBERNSTEIN White Plains, NY
Senior Analyst - Account Transitions 09/2016 to 11/2018
Provided operational support to firm’s institutional, Private Client and Retail business channels through account transitions and account reconciliation.
Launched and serviced institutional and mutual funds in the $50MM - $1B range for AB’s North and South American based investors.
Ownership of all operational aspects related to account transitions such as account openings, in-kind asset transfers, custodian changes, fund restructures, fund mergers, global market openings, Name change, Trading instructions and account terminations.
Liaised with regional sales teams, various operational teams, Portfolio Managers, Legal, Compliance, Custodians, Transitions Managers, Traders to execute the setup of new AB funds and client accounts on internal systems in respect to investment strategies.
Coordinated the operational setup requirements with custody (JPM, BBH, BNY, NT, SSB) for AB managed accounts.
Worked with corporate actions and reconciliation teams to analyze and audit all account related issues and ensure resolution prior to and post transfer.
Responded to 300 – 400 inquiries on a monthly basis from external and internal counterparts and guide, advise and assist with all request including internal audits and PwC requests.
Reviewed and reconciled domestic and international cash and positions between internal system and custodian.
Ensured completion of all internal deliverables prior to account and fund launches via a proprietary workflow management tool utilized to streamline the overall process.
Associate Officer – Portfolio Administration 03/2015 to 09/2016
Responsible for the oversight process of the subject matter expert and escalation point for all complex inquiries raised by the offshore reconciliation teams.
Worked collaboratively with State Street IMS on escalation items like researching and resolving aged exceptions due to corporate actions, issues notifications, and legal requirements to reduce risk.
Responsible for daily monitoring and evidencing of oversight controls related to reconciliation activities outsourced to State Street IMS.
Managed cash movements in client’s accounts and assisted in instructing whether to raise or invest those cash movements.
INFORMA INVESTMENT SOLUTIONS White Plains, NY
Senior Performance Measurement Analyst 01/2008 to 03/2015
Responsible for the oversight of 60 plus composites compromised of over 400 individual asset managers.
Calculated and analyzed investment performance to generate performance returns and attribution reports with exhibits for domestic and foreign portfolios on a monthly, quarterly basis using Modified Dietz methodology.
Managed updates of all account and composite changes to ensure accuracy of changes for GIPS compliance.
Determined accuracy of portfolio returns versus benchmarks and comparing returns to hundreds of market indexes and peer universe groups.
Reconciled custodial data with investment managers.
Acted as the primary contact with client organizations in discussing performance results, historical return calculations, data retention.
Responsible for new client onboarding tasks including uploading and confirming historical data, assigning segments, asset classes, benchmarks, peer universes, and return calculation methods in firm’s database.
MORGAN STANLEY Purchase, NY
Fund Administrator- Investor Services 03/2007 to 01/2008
Supported and Reviewed all documents relating to subscriptions, redemptions and transfer processing for both investors and investments.
Opened new investor accounts ensuring compliance with the fund documentation, anti- money laundering requirements, statutory regulations and company policies and procedures.
Notified Investment management of upcoming new investors and additional investments the investors are willing to invest in.
WMC MORTGAGE CORPORATION, A GE MONEY BANK Orangeburg, NY
Loan Closer 02/2006 to 04/2007
Responsible for working closely with title companies to ensure all policies and procedures are maintained.
Authorized closing of loan, recording of mortgage and disbursement of loan funds.
Communicated with loan officers, regional sales managers, clients and title companies to coordinate a smooth closing by preparing and reviewing critical closing documents for mortgage home loans.
Prepared funding requests for wire disbursements.
EDUCATION & SKILLS
MBA: Finance Mar 2010, NYACK COLLEGE
BBA: Business Administration Management May 2006, MERCY COLLEGE
ASSOCIATES: Computer Application Management Dec 2002, COLLEGE OF WESTCHESTER
Proficient in SWIFT Messaging, Fixed Income (MBS, CMBS, corporate bond, US Treasuries), Equities, Mutual Funds, OTC Derivatives, financing arrangements (Repo, Margin Loans, Interest Rate Swaps, Futures, Credit Default Swaps and FX (Spots, forwards, options), Collateral movements, Morning Star, Bloomberg, DTC, Fedwire, Euroclear and Clearstream settlement cycle.
Contact this candidate