Iftekar Rahaman, Lead Analyst

Iftekar Rahaman

Lead Analyst

BNY Mellon Operations India Ltd

Location
India - Kolkata
Education
Master's degree, Finance
Experience
13 years, 1 Months

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Work Experience

Total years of experience :13 years, 1 Months

Lead Analyst at BNY Mellon Operations India Ltd
  • India - Pune
  • My current job since March 2020

Currently, working for Fund Accounting Domain in Hedge Funds, mutual funds sector, carry proficient knowledge in Geneva (Accounting Sector) responsible for review work, managing team members daily allocation. Since, possess a good amount of knowledge, hence would like to explore the opportunities internationally

Project Leader – Fund Accounting Division at Indus Valley Partners
  • India - Noida
  • October 2017 to February 2021

• Shadow accounting of an US based Hedge Fund Client.
• Knowledge of products like CDS, IRS, Options, Bonds and Equity.
• Option Delta Calculation for Option trades.
• Spot & FX Booking of Spot & Forward Trades.
• Cash & Position Reconciliation, Tax Lot Reconciliation, Dividend Reconciliation.
• Processing of GAV & NAV activities (I.e booking of Subscription/Redemption, Management Fees & Incentive Fees)
• Migration of Process from Geneva to Enfusion within a span of 6 months.
• Working on Automation projects with the software developers which aim at reducing errors from deliverables on an internal tool.
• Creating RSL’s in the Linux Environment to increase productivity with utmost efficiency for the Geneva platform.
• Basic knowledge on extracting of data via SQL queries.
• Running of Select & Joint Statements to extract data on MySQL
• Reporting Aggregated data via “AVG, SUM, MIN, MAX, COUNT”
• Sorting the data using “Where Clause”

Process Associate at IHS Markit
  • India - Gurgaon
  • April 2015 to September 2017

• Performing reconciliations on Duco platform for the G-20 banks.
• Providing weekly reconciliation reports with the outstanding break items on the reconciliation sheet.
• Identifying and resolving the various breaks on the daily recon and processing GAV/NAV calculation.
• Handling a team of three members, with structuring the training plan, checking performance at a regular interval.
• Responsible for weekly/bi-weekly updates on Duco project to the management.
• Internally liaising with the technical team for a smoother run and investigating on the potential areas of improvement
• Possess the knowledge to sort and manipulate the data on My SQL
• Extracting data from SQL server using various Conversion Functions & Conditional Formatting

Specialist at CITI Bank
  • India - Gurgaon
  • December 2012 to March 2015

•Reviewing and preparing of NAV and GAV packages on a month to month basis
•Calculation of various fees e.g. Management Fees, Administration fees, Performance Fees and posting the fees in Geneva
•To review Daily Position reconciliations consisting of OTC products like CDS, EQS, IRS, FRA’s and options ensuring that all the possible aged breaks are cleared
•Having a vivid knowledge of booking entries in Geneva 6.0 such as ART’s, amendment of Buy & Sell Transactions
•Review of all trades and transactions instructed by the client
•Preparing the Standard Operating Procedure (SOP) and training the new joiners of the team to create appropriate Process backups.
• Served as a SPOC for the Frontier Recon, single headedly managed the transition process from India
• Liaising with the various internal teams to set up the various recons on the Frontier tool
• Checking the results on the production environment
• Providing weekly status updates to the onshore team on the progress of the project

Fund Administrator at HSBC India Pvt Ltd
  • India - Kolkata
  • May 2011 to November 2012

• Performing position reconciliation of the various categories of fund such as Simple, Medium & Complex
• Cash reconciliation, with reducing the number of breaks, along with booking of entries in Geneva
• Analyse the position & cash breaks and duly inform the onshore team and act according to the instructions provided by the team
• For any discrepancy or ambiguity, contact the related client/onshore team check if all the details are fine and get the backups for same
• Part of the TLM automation team which focused on less manual effort from an FTE
Generating & implementing ideas with the product implementation team to achieve results

Education

Master's degree, Finance
  • at Institute of Management and Information Science
  • May 2011

Have completed PGDM (Finance) in 2009-11, a full time course with majors (Finance) and minors (Marketing) from the Institute of Management and Information Science, Bhubaneswar, have a first class degree on this course, the benefits out of this course are it provided a wide spectrum of knowledge in the domain of finance, which included international finance, derivatives

Specialties & Skills

Analysis
Investment Banking
Team Leadership
Exotic Derivatives
Reconciliation
GAV and NAV calculation
Mentoring
Analysis
Leadership
Hedge Funds Reconcilation

Languages

Urdu
Native Speaker

Hobbies

  • Islamic History and playing outdoor games like (Football, Cricket)
    HSBC - Have been recognized and awarded for Best Implemented Ideas for 2nd quarter of 2011 for successfully completion of the migration process from the onshore team. Indus Valley Partners – Appreciation certificate been awarded for valuable contributions within one year time period in 2018