Quality Assurance Accounting

SUMMARY

**+ years of financial services experience in the Mutual Fund and Alternative Investment industry.

Thorough knowledge of Hedge Funds and Private Equity environment including investor allocations, share classes and complex securities. Experience in Custody & Fund Accounting includes, administration, system conversion and implementation, procedure creation, quality assurance and reconciliation among depositories and brokers.

Proven managerial ability to direct staff through transition and change. Outstanding record of success in achieving operational goals and adherence to internal and regulatory compliance standards.

Excellent communications and interpersonal skills. Strong ability to develop and maintain effective relationships with clients, peers and executive management.

Ability to manage large teams consisting of AVP’s, Officers, Business analysts and compliance specialists.

EXPERIENCE

VP, Audit & Quality Assurance, State Street Corporation (Dec 2008 – Dec 2010)

Managed the Audit and Quality Assurance oversight process for Alternative Investments, Private Equity, Fixed Income, Domestic and International Equity, Money Market, Bank Loans, Fund of Funds, Hedge Funds, Master Feeder, Multi Class and Custody Only Funds.

Recruited, hired and directed a full-time team of 15 members which included AVP’s, Officers, Business analysts and compliance specialists to successfully implement and integrate a robust, service-enhancing quality assurance and oversight program with a concentration on operational risk, workflow efficiency and controls.

Integrated quality assurance and oversight model across multiple client groups. Monitored and enforced core custody/accounting best practices across fund operations, including fund conversions, fund liquidations, periodic regulatory compliance training and reconciliations. Centralized audit coordination and review of funds records between fund accounting teams, clients and both internal/external audit firms. Managed and completed the out sourcing project for monthly and weekly proof reconciliations to India.

VP, Custody & Fund Accounting, State Street Corporation (Jun 2007 – Dec 2008)

Responsible for directing all aspects of the daily operations of a Custody/Fund Accounting Unit, that included NAV delivery(Daily/Monthly), Trade Settlements, Cash Management, Cap-stock Allocation, Investor allocations for Hedge Funds / Private Equity Funds, FX transactions, Client Relationship Management, Expense Budgeting, , Month-end closings, reconciling & completing Proofs, establishing Financial reporting requirements, providing oversight of custody fund accounting processes and completing Quality standards for the external clients.

Strategic planning and collaboration with internal partners to develop solutions for complex product offerings like Hedge Fund Investor Allocations, Derivatives processing etc. Conducted weekly meetings with clients to address issues and ensure the delivery of unparalleled service.

AVP, Custody & Fund Accounting, Investors Bank & Trust (Sep 2006 – Jun 2007)

Responsible for providing leadership and strategic direction for the assigned fund groups, with the goal of minimizing operational risk. Assisted senior management in developing targets concerning staffing, production, overtime budgeting and productivity. Played an active role in ensuring retention of existing business and generation of new business by maintaining positive relationships with clients & by increasing productivity.

Unit Manager, Custody & Fund Accounting, Investors Bank & Trust (Apr 2006 – Sep 2006)

Primary job responsibilities included conducting reviews of fund accounting operational processes and procedures and evaluating the adequacy and effectiveness of the controls within these areas. Contributed actively to develop Controls and Procedures, Operational Risk & Compliance, Management Reporting.

Manager, Custody/Fund Accounting, Fidelity Investments (Feb 2004 – Apr 2006)

Managed a staff of 15 professionals in the fund accounting unit serving multiple fund types. I was accountable for timely and accurate cash reporting, trade settlement, NAV calculation and client reporting. I acted as primary client contact and internal liaison with other operational groups within Fidelity Investment.

Primarily responsible for the daily operations of the group, i.e., managing resources, processes, and customer needs, working closely with clients & business partners on product initiatives & managing adherence to established deadlines for the group’s reporting responsibilities.

Supervisor, Custody/Fund Accounting, Investors Bank & Trust (Apr 2003 – Feb 2004)

Responsible for ensuring that all recording / reporting of financial data was done in an accurate and timely manner. I acted as the technical expert within the group providing accounting guidance to fund accountants within the group. Managed and monitored Investment Cash & Securities operations activities for all investment portfolios, including: establishing & monitoring custodial asset accounts; coordinated security settlements between investment managers, brokers & custodians.

Senior Custody Account, Investors Bank & Trust (Sep 2001 – Apr 2003)

Oversaw the daily operations of Fund Accounting, ensuring accurate, timely and efficient transmission of the NAV (Net asset Value) to our clients by reviewing staff calculations, authorizing trade transactions, researching and resolving pricing discrepancies etc.

Custody Account, Investors Bank & Trust (Jul 2000 – Sep 2001)

Responsibilities included meeting client specified deadline of reporting cash, both timely and accurately; processing and reviewing international/domestic trades; researching and processing corporate actions; ensuring the client authorized accounting entries met accounting standards and pricing and calculating NAV for funds to meet NASDAQ deadlines.

KEY ACHIEVEMENTS

Managed the outsourcing process of monthly & weekly proofs to the team in India, as part of the Business Transformation & Lean Initiatives,. Project was completed 3 months ahead of schedule.

Designed, built & implemented a Non- Domestic assets tracking data base which is currently used by multiple groups in the bank to track & reconcile Non- Domestic assets. Resulted in a 20% increase in productivity.

Created and implemented the first Quality Assurance group for 20 different clients to mitigate risk, and provide oversight of client deliverables and fund accounting. As a result, NAV errors decreased by 5% and client satisfaction increased.

Recognized for saving the bank ~ $10 million by claiming the brokers and advisors for unpaid receivables for a specific client.

EDUCATION

MBA – Finance & Entrepreneurship 2010

Northeastern University, College of Business Administration, Boston MA

BBA – Economics & International Business 1999

Baylor University, Hankamer School of Business, Waco TX

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