Vikesh Soni

Experience

• 

  HSBC

  Feb 2008 - Oct 2011

  Confirming all price movements which breach previously set tolerance to an external source such as Bloomberg or Reuters and pricing all mis-priced securities such as Equity & Options by taking the avg. of bid/ask price Ensuring that cash & holdings as well as the payables & receivables in regard to the trades are correctly accounted for, by performing cash & holding reconciliation between Geneva and Prime Broker Communicate all open holdings and cash breaks to all respective stakeholders in business regularly for timely resolution of the same Processing of all fees (accruals & payments) on to the relevant accounting period whether fixed or percentage based, and validating all corporate actions including dividends correctly by confirming to both Prime Broker and external source such as Bloomberg Act as trouble shooter for the team to resolve different types of queries and thereby seamless delivery of the reconciliations done within the stimulated Performance Level Agreements Liaising with the Investment Manager, the Custodian, the Brokers and other Service providers to understand requirements, and cater to the client needs thereby ensuring uncompromised quality of deliverables To understand and sustain a sound knowledge of the various types of instruments viz. Equity, Fixed Income, Derivatives like Futures, Option & Swaps featuring across the various funds namely their functionality and treatment Show less

  • Fund Adminisrator

    Feb 2008 - Oct 2011

  • Fund Administrator

    Feb 2008 - Oct 2011
• 

  Cognizant

  Oct 2011 - Nov 2013

  Preparation, analysis & validation of daily P&L for designated trading books on a T-1 basis & Submission of P&L in equity consol. Analyze & reconcile variations with trader’s estimate using journal entries Analysis of various factors affecting P&L revenue stream including realized and unrealized profit or loss, Corporate actions, commissions and funding cost Maintain regular check of control accounts towards authentication and verification of trades executed and P&L reported Independent valuation of products and understanding of structured trades towards the implementation of effective control Balance Sheet substantiation between upstream source system & general ledger, and perform regular review on control accounts in Balance Sheet Strict adherence to tight daily, weekly & monthly reporting deadlines Continuously drive for product, process & quality improvement Preparation of process documentation for internal and external control/audit Responsible for analyzing the business needs of the clients to help identify business problems & propose solutions Understand business problems & opportunities in the context of the requirements & recommend solutions that enable the organization to achieve its goals Show less Preparation, analysis & validation of daily P&L for designated trading books on a T-1 basis & Submission of P&L in equity consol. Analyze & reconcile variations with trader’s estimate using journal entries Analysis of various factors affecting P&L revenue stream including realized and unrealized profit or loss, Corporate actions, commissions and funding cost Maintain regular check of control accounts towards authentication and verification of trades executed and P&L reported Independent valuation of products and understanding of structured trades towards the implementation of effective control Balance Sheet substantiation between upstream source system & general ledger, and perform regular review on control accounts in Balance Sheet Strict adherence to tight daily, weekly & monthly reporting deadlines Continuously drive for product, process & quality improvement Preparation of process documentation for internal and external control/audit Responsible for analyzing the business needs of the clients to help identify business problems & propose solutions Understand business problems & opportunities in the context of the requirements & recommend solutions that enable the organization to achieve its goals Show less

  • Team Leader

    Jul 2013 - Nov 2013

  • Process Specialist

    Oct 2011 - Jun 2013
• 

  HSBC

  Nov 2013 - Oct 2022

  Manager

  Ensuring Accounting & Valuation Team Activities are as per Global Operating Model. Troubleshooting & End to End Review of complex funds to ensure quality delivery to the Client. Identifying gaps & implementing Control Points to strengthen the review mechanism. Assessing & mitigating the various kinds of risks arising in the NAV production process. Maintaining daily MIS & negotiating with the Business Partners to resolve the day to day queries. Mentoring Fund Administrators & Deputizing the Line Manager in day to day activities. Show less

• 

  Apex Group Ltd

  Sept 2022 - now

  • Assistant Vice President 3

    Apr 2024 - now

  • Assistant Vice President

    Sept 2022 - now