Parmesh Dharmalingam
Bengaluru
Summary
Strong Operational and Analytical Skills with over 15+ years of Experience in Fund Administration Treasury Services , Investment Banking and Custodian banking Sector. A keen planner and strategist with the ability to manage processes and projects with perfection. Expertise in designing, implementing systems and procedures to enhance productivity, achieve financial discipline to enhance the overall efficiency of the process and thereby help in accomplish organizational objectives. Possess good oral and written communication skills with an eye for detail. Strong team building capabilities with proven ability to motivate team members towards production targets.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Senior Manager
Statestreet Global Advisors Pvt Ltd.
Bangalore
11.2020 - Current
- Directed expense administration processes for 10 NAM clients, focusing on high-value hypercare portfolios and maintaining efficient business activity statement operations.
- Reviewed balance sheets to identify and resolve expense and liability discrepancies, ensuring financial accuracy and stability.
- Directed team of managers and assistant managers to cultivate a performance-driven culture.
- Partnered with clients to document, review, and remediate operational issues, enhancing trust and long-term relationships.
- Led annual due diligence reviews and collaborated on internal/external audits, ensuring transparency, robust controls, and regulatory compliance.
- Drove client onboarding for expense administration, reducing transition time by 25% and ensuring smooth integration into fund systems.
- Enhanced reporting accuracy and compliance by performing second-level reviews of regulatory filings (24F-2, 1099, income projections, distributions, N1-A prospectus).
- Performed annual departmental SOP reviews, ensuring 100% compliance and reducing process deviations.
- Acted as liaison between fund accounting, financial reporting, tax, expense administration, audit, and technology teams.
MANAGER
SOCIETE GENERALE GLOBAL SOLUTION CENTER PVT. LTD
03.2016 - 10.2018
- Provided strategic direction and leadership in managing the Operations and oversight for the risk and delivery of day-to-day operations
- Complete Understanding of E2E Lifecycle and Implementation of RPA
- Implemented BOTS for UBIX process and gained significant efficiency (3 FTE’s)
- Successfully Migrated and executed complex projects and ensure that project deliverables are met with agreed time lines for Static Data Quality Process
- Business Process Re-engineering by Value Stream Mapping of Existing Process and Eliminating Non-Value Add Steps and Identify opportunities for Automation and Productivity
- Ensure permanent supervision controls are followed and completed with the requisite care and attention with anomalies raised, actions created and tracked
- Establish a strong managerial practices that utilize and apply the CI tool kit, including but not limited to Performance Dialogue, Go & See,Sit-ins, etc.Provide Bi-weekly and Monthly Updates to Leadership and Onshore Partners
- Set up the Project team in Bangalore to manage all the projects related to static team
TEAM LEADER
J.P. MORGAN CHASE & CO
05.2014 - 03.2016
- Responsible for allocation of non-trades , registering TAG 50 operator id’s ,registering accounts in EFS(Exchange Fee System) for the clients of JPMorgan to receive member rates as agreed
- Responsible for static data updation of Futures & Options contracts which includes Brokerage rates, Interests, Commissions for all clients of JPMorgan across North America, EMEA & Asian markets covering 78 exchanges
- Working closely with onshore support groups like Client services, Sales desk, PRM and Brokerage teams for successfully updating static data of F&O contracts
- Responsible for leading in house team for remediation of third party rates and co-coordinating with client documentation team to get EGUS updated for various products
- Managing setup of F&O and OTC account profiles, including fees and commission in GMI along with client level exceptions
- Helped the team in clearing the backlogs for Give-In’s which were aged for more than 3 years
- Responsible for preparing and maintaining SIPOC, SOPs, BCP documentation, Access Control Matrix’s, Call Tree , Weekly & Monthly Matrix ,etc
- Responsible for attending weekly calls and meetings with onshore PRMs
TEAM LEADER
NORTHERN TRUST OPERATING Svcs. PVT. LTD
10.2007 - 10.2012
- Ensuring that all the SLA / KRI on a particular day are delivered on time
- MIS & Reporting: Generating and maintaining MIS reports pertaining to process delinquency/ recoveries/ variances/ corrective actions and presenting the same to the management for facilitating decision making
- Continuous review of new and established processes to ascertain Risk areas within the same and introduce necessary checks & controls to mitigate any kinds of risk and also ensure compliance of any procedures and policies of the Process / Company
- Review KRI (Key Risk Indicators) report on a weekly basis (Microsoft Excel, Access & PowerPoint based) and discuss the same with the Off-Shore management
- Conducting regular 1 on 1 review on Performance with the direct reports, share and receive feedbacks
- Support the Manager (AVP) in various activities such Team meetings, weekly KRI reporting with Off-Shore and Risk management Team
- Conduct mock audit to ensure the process adheres to the audit standards and requirements
- Reward partners in a timely manner who have contributed in regards to quality or brought in any process improvement ideas for the benefit of the process and organization
Education
Bachelors - Business Management
Bangalore University
Skills
- Treasury Services
- Futures & Options
- Brokerage , Clearing & Exchange Fees
- Client Servicing
- People Management
- Risk Management
- Project Management
- Strong interpersonal skills
Accomplishments
- Received multiple BRAVO's for Client appreciations , Client management.
- Awarded Signature Medallion for the implementation of GPA Global Platform for Alternatives
- Received SPOT award from the Global Head of Alternative Assets Services for resolving pricing issues with major fund
- Winner of the Northern Trust Diversity award towards social cause
- Successfully completed Business English Certificate from University of Cambridge,ESOL
- Appreciation from Clients and Investment Managers for efficiency in resolving issues
Certification
Business English Certificate ,
University of Cambridge ,ESOL
Timeline
Senior Manager
Statestreet Global Advisors Pvt Ltd.
11.2020 - Current
MANAGER
SOCIETE GENERALE GLOBAL SOLUTION CENTER PVT. LTD
03.2016 - 10.2018
TEAM LEADER
J.P. MORGAN CHASE & CO
05.2014 - 03.2016
TEAM LEADER
NORTHERN TRUST OPERATING Svcs. PVT. LTD
10.2007 - 10.2012
Bachelors - Business Management
Bangalore University
SYSTEMS
- GMI SunGard
- CME - EFS
- FIA Tech - DOCS
- Consensys
- MS Tools, Incl. Visio
- Task Manager
- Expense Manager
- Murex