Mike Sarupria

Experience

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  JP Morgan Chase

  Jul 2006 - Feb 2008

  Associate Reconciliation and Settlement Analyst

  Monitored reconciliations and researched transactions in over 200 Institutional Client accounts daily on a system called CARS (custodian automated reconciliations system).•Converted raw data files from custodian websites into scrubbed and categorized spreadsheet data.•Took actions up to 600 open items on a daily basis.•Coordinated with custodians for ad hoc market settlement concerns•Resolve trade and settlement queries•Communicate between various investment management units and external custodians•Assisted Investment Manager by calculating performance of the clients portfolio and providing them with Ad hoc and Cash and Shares reconciliations special reports.•Producing month end reports to present to internal stakeholders and management.•Mentoring and imparting training to new recruits. Show less

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  Colonial First State Custom Solutions

  Apr 2011 - Sept 2013

  Investment Administrator

  First point of contact for financial adviser and customers to resolve their queries in a timely manner•Weekly publishing investment news related to Managed Investments and monthly management reporting of total funds under administration, outstanding trades.•Research and make prices of Managed Investment, Unlisted securities available on the wrap platform for clients through fund manager websites and Morningstar research.•Issuing Managed Investments communications to advisers in relation to any update impacting the investor position in the fund.•Continuously working to improve the efficiency of reporting to advisers and investors with the help of IT, product and marketing team.•Analysing and processing corporate action and allocating tax components•Following up, reconciling and allocating maturities, interest payments, managed funds distribution and rebates into client's account.•Negotiating special term deposit rates with bank providers for clients. Daily Holdings reconciliations of investor accounts•Investigating and reconciling bank clearing accounts•Ensure completeness and accuracy of investor information.•Review other team members work where required.Achievements:•Nominated by Managers for Reward and Recognition award within CFS for the month of May 2012.•Liaised with Product team, IT developers and ANZ bank to get ANZ on board as a new provider for term deposits •Associated with project of automating term deposits and managed fund's income and rebate distribution •Have received appreciation emails from advisers in getting the highest rates possible for term deposits which helps to retain investors.• Have been constantly providing inputs of process improvements to provide timely, quality and efficient client service and eliminate the financial impact to the clients. Show less

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  Commonwealth Bank of Australia

  Sept 2013 - Nov 2013

  Para Planner

  Partner closely with Advisers in ensuring the appropriateness of documentation, client strategies, fees, product recommendations, and delivery of documentation as part of SOA preparation and delivery process.•Conduct Pulse Checks on submitted documentation and raise any concerns in the Pulse report.•Prepare and deliver SOAs while ensuring the correct balance between turnaround times and quality.•Establish, build and maintain effective relationships with Advisers and other key stakeholders in the Paraplanning network.•Ensure that the content of SOAs is consistent, accurate and meets current service and regulatory requirements.•Proactively ensure that job related skill levels are maintained and enhanced via appropriate technical and self-development training.•Adhere to relevant policies, processes and procedures in alignment with the Operational Risk Management Framework, Supervision and Monitoring Framework and standards of compliance.•To be individually responsible for meeting productivity and workflow management guidelines.•Actively contribute to continually improving the end-to-end customer experience and Paraplanning process.•Proactively identify and escalate potential risks, issues or opportunities that are raised.•Effectively utilise appropriate technology to assist with the SOA development process.•Apply technical knowledge and technical writing skills in the preparation of SOAs to ensure they are written in a professional manner that can be easily understood by customers.Achievements:•Nominated and awarded with Most Improved Paraplanner by Managers through Reward and Recognition award within CBA for the month of February 2014. Show less

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  Yellow Brick Road

  Nov 2014 - Jun 2016

  Mike has a wealth of 6 years of experience in the Financial Services industry. With extensive financial planning and investments experience, Mike specialises in providing investment, superannuation, insurances and retirement planning advice to wealth accumulators and retirees along with an ongoing service. He enjoys seeing the difference that quality financial advice can make to the lives of his clients. Mike strongly believe in not only setting his client’s on a pathway to financial success but also ensure he walks “along” with his client’s on their journey to financial success.Mike believes Financial Planning is not about selling investment products or insurances, it's about coming up with a strategy to assist client in realizing their dreams and hopes. Show less Shadowing the Senior Financial Planner in client meetings.•Completion of the client Fact Find and note taking.•Preparation of statement of advice (SOA) documentation, portfolio reports and implementation of recommendations.•Prepare and deliver SOAs while ensuring the correct balance between turnaround times and quality.•Support Senior Financial Planner with research, new applications, procedures, systems and initiatives.•Assisting the Senior Financial Planner in providing a high level of timely and reliable information and advice to clients.•Establish and maintain relationships with clients and other areas of the business.•Communicating with doctors, insurers, specialists, underwriters and insurance companies to assist in the medical underwriting process.•Ongoing communication with clients (on behalf of the Senior Financial Planner) in relation to any outstanding information or documentation that may be required to complete their personal insurance applications, super roll overs and establishing self managed super fund.•Take inbound and outbound calls, respond in person and in writing to assist clients with resolution of enquires.•Coordinate and review required client information prior to client meetings.•Maintain ongoing professional development to meet legislative and industry requirements including attending regular internal and external training sessions. Show less

  • Financial Planner

    Jan 2016 - Jun 2016

  • Senior Para Planner

    Nov 2014 - Dec 2015
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  Ray White

  Apr 2016 - now

  Senior Sales Manager

  Mike is a finance postgraduate and an ex financial planner who believes to bring a new dimension to real estate transactions. Mike feels being a realtor; it is not about only buying and selling houses, it’s about people and helping them achieve their goals.Buyers and sellers benefit not only from his extensive market knowledge, but also from his straightforward approach to real estate, and creative financial solutions.Mike takes particular pleasure in helping homeowners achieve optimal prices and guiding first-time buyer’s break into the market. "I truly believe in the Australian dream, and real estate is the best vehicle to achieve this goal."Having personally bought and sold homes, he understands the inherent complexities of a transaction; not just the steps, but also the emotional effect and other factors. This allows him to provide valuable insight to clients whether they are purchasing their first home, building their investment portfolio, or selling the house that they have come to love.Above all, professional conduct, respect, honesty and integrity are the foundation of Mike’s approach to real estate sales.Mike attended University of Adelaide to complete his post-graduate studies in Accounting and Finance.Outside of real estate, Mike loves spending time with his family and friends. His passions include rock climbing, fitness, music and traveling.“The housing market is moving fast – don’t get left behind”, lets connect.For a friendly and an informed real estate advice, please feel free to contact Mike on 0430 126 491. Show less