Garima Tulshan
Worked as Senior Analyst at Goldman Sachs
Hire this person
Send a job offer directly to this candidate
About
I have extensive experience in various aspects of financial services, including Operation Excellence/Efficiency, NAV Computation/Reconciliations (Fund Services), Fund Accounting, Prime brokerage margin processing, and Interaction with clients and onshore team members on a regular basis. I possess strong problem-solving skills and can efficiently resolve trade breaks, commission breaks, and brokerage issues. Additionally, I am a team player and has worked under pressure to complete the Reconciliation and NAV computations of significant portfolios on month ends.
I also have demonstrated multitasking abilities by assisting others in completing their work and contributing to the completion of NAV for their portfolios during month ends. Overall, my experience and skills make me an asset to any financial services team.
Experience
Senior Analyst at GOLDMAN SACHS (GS) (2021-03 – Present)
- Responsible for several critical functions; Collaborated with global team to leverage knowledge and best practices.
- Performed internal reconciliation comparing positions & transactions which were internally posted by company's books & record systems; Reconciliation included the Stock Record, General Ledger, Cash Clearance, Wash Accounts, and few other control accounts.
- Monitored and reported suspense items outstanding for three or more days, used by the global control to escalate outstanding breaks in recs.
- Maintained the opening, modification, and closing of control accounts in a system called Control Account Master System (CAMS).
- Ensured correct segregation and documentation for custody and clearance accounts in confluence page to ease the access of the system.
- Conducted root cause analysis to help operation teams resolve break and implement new controls to lower the risk and prevent future breaks.
- Developed a comprehensive understanding of the settlement and trade flows for all the firm's businesses and interact with the books and records that are held both internally and externally.
- Identified trends of issues causing exceptions, deep-dived into technical issues to fix the root causes spanning multiple teams and vendors.
- Worked with business partners to analyze and implement solutions and workflows for new business opportunities.
- Acquired knowledge on performing wide variety of break sheets to enable the team to perform the business as usual (BAUs) in timely manner.
- Developed strong and effective relationships with critical vendors, which maintain book and records to avoid suspense transactions.
- Worked with engineering team and project managers on key projects that helped re-shaping the exception identification and resolution models.
- Worked extensively to improve processes and implemented them globally to impact and uplift the entire reconciliation process.
- Worked in Tax Operations with the client withholding team for EMEA markets. Member of the team helping clients reclaim their taxes on corporate actions such as dividends and coupon payments, advised them on withholding taxes in EMEA markets, and performed Key Risk Indicators (KRI) for the team; Provided clients with relief at source for Italy and performed Canadian reclaims.
- Supported clients to reclaim excess withholding tax under the relevant double taxation treaty and facilitated permanent exemption from substitute tax for interest, premiums, and similar proceeds on equity and fixed income products held in GS custody. (This service was provided due to the lengthy time lag in withholding tax refunds from the Italian tax authority, which generally takes 10 years.)
Fund Account Analyst at JP MORGAN CHASE & CO. (2016-08 – 2019-07)
Experience of 3 years in Investment Services Operations as a Fund Accounting Analyst in corporate investment banking sector.
- Handled reconciliation processes for a hedge fund; managed one of the most challenging clients and portfolio of the company.
- Reconciled and identified margin requirements for each prime broker for clients based on daily broker statements.
- Responsible for reconciliation of Margin Accounts between Geneva and Broker.
- Prepared margin calls report for clients maintaining excess/deficit margin balances for clients.
- Prepared margin reconciliation for future accounts and repo; Informed clients about margin balances daily.
- Prepared notes for call/put for margin, validating breaks, and providing commentary for all breaks.
- Liaised with brokers to ensure that balances were correctly updated on the portal.
Education
MSc. in Accounting Finance & Strategic Investments – New Castle University (2021 – 2021)
BBA in Finance & Accounting – Christ University (2016 – 2016)
CBSE – XII Standard – Modern Indian School (2012 – 2012)
CBSE – X Standard – Mody School (2010 – 2010)
