Hello! I'm Rajiv (Raj)
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EXPERIENCE
2017-Present
Consultant/Project Manager
2014-2017
Assistant Vice President/Operations Manager
JPMorgan Chase Hedge Fund Services
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Co-managed successful onboarding of Apollo Credit funds of approx. $10BN (400+ loans) onto Advent Geneva platform for fund administration
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Managed and oversight on 14+ bank loan hedge fund clients
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Resourced, trained, and managed EMEA Bank Loan operations staff providing fund administration to multiple clients for 8 months (Nov 2014 – July 2015) in Dublin, Ireland while simultaneously covering multiple domestic clients as well.
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Appointed lead on several hedge fund clients, Brooklyn, to provide daily operational support in a variety of alternative investment products but with a focus on the trading of primary and secondary bank loans as well some loan related Total Return Swaps (i.e paydowns, borrows, rollovers and corporate actions) and to resolve any day to day issues.
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Responsible for positions, accruals, and cash reconciliations for multiple clients for monthly NAV deliverables as well as daily/monthly PNL reconciliations and trial balance issues in conjunction to loans.
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Maintaining and reviewing Standard Operating procedures internally and externally.
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Collaborating with sales group to represent bank loans team on new client pitches.
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Liase with the Solutions and Implementations team to onboard new business properly and accurately to make sure go live dates transition smoothly and operations proceed with business as usual.
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Worked with offshore teams to set up trainings across 4 offices globally to train on loan operations and processing in Advent Geneva 10.0
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Testing/Onboarding/assisting with JPM Sydney team with new builds as well as new potential clients.
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Lead on SOC1 annually in US, as well external and internal audits in Dublin for EMEA clients Q1/Q2 2015.
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Assisting NY team with day to day and co-managing clients from US region as well as rebuilding and hiring staff.
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Project Management of new systems testing/implementing for internal initiatives as well as client facing.
2013-2013
Associate Manager
2017-Present
Consultant/Project Manager
New York
eClerx
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Co-Manage and a team lead on successfully completing implementation of a portfolio accounting system – Advent Geneva from two operations/accounting systems (VPM/WSO) for Blackstone Credit valued approximately at 135BN AUM.
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Liaison with Advent Geneva development team in beta testing the new workspaces in Geneva Version 19 of the software to advance the capabilities of the system as well as make the screens more user friendly. This includes coordinating in creating a new robust interest management workspace.
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End user training on new system with new workflows and new user interfaces.
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Performed analysis using SQL to review implementation issues, reconciliation items in conjunction to security masters, and to extract information from large data sets between multiple data warehouses.
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Use Case testing/documenting to analyze Advent Geneva accounting output on multiple products (i.e. Bank Loans, Equity, Bonds, TRS, CDS, CDX, etc.) for account key mapping to company’s proprietary software and for PWC GAAP compliant review.
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Performed comprehensive CLO portfolio testing, working with RSL developer to output proper cash categorizations.
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Run live funds parallel in Advent Geneva platform for reconciliation to the firm.
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Confirm auto feeds flow in properly via accelerators from Markit to capture asset serving (paydowns, drawdowns, rollovers, PIKS) for all bank loans in the parallel state
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Collaborate with tech teams for trade interface connections, WSO accelerator requirements, as well as automation initiatives in the implementation process
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Managing a small operations team for daily cadence on parallel test funds as well as use case scenarios.
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Drafting Standard Operating Procedures as well as any process-oriented function to handover to firm once implementation occurs.
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Coordinating and providing updates and feedbacks, managing deadlines with internal and external parties and reporting back to all senior members of the firm up to the Chief Technology officer on an ad hoc or a scheduled basis.
2014-2017
Assistant Vice President/Operations Manager
New York/Dublin, Ireland
JPMorgan Chase Hedge Fund Services
-
Co-managed successful onboarding of Apollo Credit funds of approx. $10BN (400+ loans) onto Advent Geneva platform for fund administration
-
Managed and oversight on 14+ bank loan hedge fund clients
-
Resourced, trained, and managed EMEA Bank Loan operations staff providing fund administration to multiple clients for 8 months (Nov 2014 – July 2015) in Dublin, Ireland while simultaneously covering multiple domestic clients as well.
-
Appointed lead on several hedge fund clients, Brooklyn, to provide daily operational support in a variety of alternative investment products but with a focus on the trading of primary and secondary bank loans as well some loan related Total Return Swaps (i.e paydowns, borrows, rollovers and corporate actions) and to resolve any day to day issues.
-
Responsible for positions, accruals, and cash reconciliations for multiple clients for monthly NAV deliverables as well as daily/monthly PNL reconciliations and trial balance issues in conjunction to loans.
-
Maintaining and reviewing Standard Operating procedures internally and externally.
-
Collaborating with sales group to represent bank loans team on new client pitches.
-
Liase with the Solutions and Implementations team to onboard new business properly and accurately to make sure go live dates transition smoothly and operations proceed with business as usual.
-
Worked with offshore teams to set up trainings across 4 offices globally to train on loan operations and processing in Advent Geneva 10.0
-
Testing/Onboarding/assisting with JPM Sydney team with new builds as well as new potential clients.
-
Lead on SOC1 annually in US, as well external and internal audits in Dublin for EMEA clients Q1/Q2 2015.
-
Assisting NY team with day to day and co-managing clients from US region as well as rebuilding and hiring staff.
-
Project Management of new systems testing/implementing for internal initiatives as well as client facing.
2013-2013
Associate Manager
New York
SS&C GlobeOp
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Provide daily operational support to SS&C GlobeOp clients engaged in a variety of investment products but with a focus on the trading of primary and secondary bank loans
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Process loans on Advent Geneva and full loan maintenance, including funding, paydowns, borrows and rollovers.
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Work with internal team in India on daily, weekly, and month end issues for bank loans.
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Provide client with daily PNL reconciliations between Geneva and WSO systems.
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Significant Interaction with SS&C GlobeOp clients, agent banks and other SS&C GlobeOp departments (i.e.: fund accounting and operations) relative to loan processing
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Serve as informational resource for loan products to SS&C GlobeOp clients and internal SS&C GlobeOp departments
2007-2012
Bank Debt Operations Analyst
New York
Avenue Capital Group
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Serviced assets for Europe bank debts which entailed rollovers, interest payments, paydowns, and prepayments.
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Assisted loan closer settle bank debt trades as second reviewer of closing documents (credit agreements, transfer certificates, trade confirms, etc.) and setting up credit facilities and credit contracts into Advent Geneva system.
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Closed all bank debt buy and sell trades after settlement (positions, fees, delayed comps, collateral, funded/unfunded portions) into Advent Geneva and followed up with accounting department to make sure funds were wired to counterparties.
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Worked with agent banks and counterparties in resolving issues involving trade positions, intrerest accruals, and fee payments.
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Monitored daily bank debt trades and made sure it was correctly input into system.
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Managed Europe pricing portfolio on Markit.com to provide pricing for Europe bank debts to valuations team.
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Reconciled bank debt interest and legal accruals between accounting system and agent notices, closing documents, and legal bills.
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Maintained monthly and quarterly reconciliations for all bank debt positions and pending trades in compliance with SAS70 and Auditors.
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Assisted with quaterly agreed upon procedure confirms of all positions held with counter parties.
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Maintained communication with auditors in reconciling any issues in conjunction to bank debt facilities.
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Assisted in daily reports and reconciliations with external administrator.
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Reconciled private deals as well as bank debt related equity and warrants.
2004-2007
Loan Administrator
New York/Jersey City, NJ
2004-2004
Analyst
New York
Mizuho Corporate Bank
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Assisted Specialized Finance group in closing, booking, and maintaining all deals in relation to Real Estate Finance and Asset Recovery customers.
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Liaison between front office team and operations group.
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Monitored customer’s covenant compliance for the Specialized Finance Group.
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Developed and maintained quarterly REITs financial reports for review by Credit department.
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Responsible for special projects in assistance to various teams.
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Processed rollovers, repayments, and fees for distressed syndicate loan portfolios.
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Calculated, tracked, and collected interest payments from agent banks for syndicate loans.
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Monitored daily Money Transfer System and other related reports to identify discrepancies in the banks loan accounting system (ACBS) and the general ledger system, and investigated and provided corrective solutions to the parties involved.
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Prepared daily funding and general ledger reports for senior management.
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Assisted in special projects with various inter/intra division departments to provide information to bank management.
​
Barclays Capital Inc.
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Obtained, reviewed, and administered legal documents used to facilitate commercial loan business.
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Monitored funding, track expiry dates and ensured accurate setup of bilateral, syndicated and agency lending’s as well as exported credit guaranteed facilities.
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Projected finance and loan trade financing activie.
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Requested and maintained required status certification forms for new and existing counter parties.
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Weekly reporting to senior management of expired and pending documentation and facilities.
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Assist in special projects and perform basic administrative functions.
​
2002-2003
Loan Specialist
New York
Business Loan Express, LLC.
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Generated and executed trades of Small Business Administration (“SBA”)and USDA FARM loans on the secondary market.
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Responsible for cash settlements totaling up to 40 million per month.
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Assisted in securitizations and conventional deals ranging from 10 to 200 million by researching collateral data.
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Created and maintained financial spreadsheets recording daily, monthly, and quarterly sales revenue.
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Maintained relations with investors, loan closers, SBA personnel, and attorneys.
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Provided Senior Management with week, month, and quarter ending financial data and reports.
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Reconciled distressed loans with proper research and collaboration with internal staff and the SBA.
​
2000-2001
Analyst
New York
Milton Merl & Associates
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Generated and executed trades of Small Business Administration (“SBA”)and USDA FARM loans on the secondary market.
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Responsible for cash settlements totaling up to 40 million per month.
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Assisted in securitizations and conventional deals ranging from 10 to 200 million by researching collateral data.
-
Created and maintained financial spreadsheets recording daily, monthly, and quarterly sales revenue.
-
Maintained relations with investors, loan closers, SBA personnel, and attorneys.
-
Provided Senior Management with week, month, and quarter ending financial data and reports.
-
Reconciled distressed loans with proper research and collaboration with internal staff and the SBA.
​
EDUCATION
1996-2000
Bachelor's Degree
State University of New York at Stony Brook
Major: BA in Econimics
Minor: Business Management
1992-1996
NY Regents High School Diploma
Francis Lewis High School
Concentration in Mathematics/Engineering
Selected to a competitive structural engineering internship using CAD.
SKILLS
Microsoft ExCel/Word
Power Point - Proficient
Advent Geneva SME
SQL - Proficient
WSO/ClearPar/ACBS - Proficient
EXPERTISE
I'm a Certified SAFe® 5 Scrum Master
2021
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Certificate in Data Analytics
BrainStation - New York
2019
Certificate: Python for Managers
Emeritus/Columbia Business School
New York
2020
