ZARATU UMAR
Jersey City,NJ
Summary
Results-driven financial professional with 7+ years of experience in the financial operations, reporting, and risk management. Skilled in conducting in-depth sector and company research, constructing financial forecast and valuation models, and performing valuation and return assessments. Excellent collaboration skills, with a proven ability to work with senior members and cross-functional teams to source and evaluate investment opportunities. Strong academic background and exceptional presentation and analytical skills.
Overview
14
14
years of professional experience
Work History
MORGAN STANLEY
03.2022 - Current
- Leverage extensive tax reporting, withholding and documentation knowledge to provide service to Institutional Securities Group (ISG) internal and external clients under the wealth management operations umbrella
- Conduct outreach for expired and missing tax documentations, ensuring compliance and accuracy
- Partner with Tax Operations to manage deposits, documents, withholding, and reporting related to withholding and reporting issues
- Oversee daily and monthly exception reports to identify and resolve discrepancies
- Create and update departmental procedures to reflecting E
- TRADE integration changes
- Advise on metrics, procedures, and flowcharts changes for annual reviews
- Provide the Wealth Management field and home office with on-demand tax operations knowledge, expertise and data need to serve their clients and do their job
- Current Mentee in 2023 Compass Group Mentorship Class whose mission is to provide greater focus on the advancement of Black, Hispanic, and Latino non-officers
- Peer Mentor for 2023 Summer Analyst Program which entails providing advice and perspective to help ease transition and ensure a positive experience for participants.
BANK OF AMERICA SECURITIES
02.2019 - 03.2022
- Ensured the accuracy of daily, monthly, and yearly reconciliations for Fixed Income products
- Managed year-end cost basis reporting and client referential data, reducing reporting errors to below 15%
- Conducted daily reconciliations for FATCA, NRA, and backup withholding
- Analyzed and assessed withholding exposure for collateral payments, reducing risk by 10%
- Assisted with process and regression testing to ensure accuracy in IRS reporting.
BANK OF AMERICA SECURITIES
02.2016 - 02.2019
- Promoted within three years on team due to efficiency and accuracy of tax client reporting for Fixed Income clients
- Led daily processing of tax reporting information and provided operational support for Money Market Funds and Repo transactions
- Executed daily reconciliations of tax reporting ledgers
- Proficient in US and non-US tax withholding, including 1099 and 1042S reporting.
E*TRADE FINANCIAL
11.2013 - 05.2015
- Researched account transactions involving check discrepancies and processed daily check/security deposits
- Prepared and distributed time-sensitive reports for cash flow forecasting
- Maintained workflow analyses and productivity metrics.
E*TRADE FINANCIAL
11.2010 - 05.2013
- Tracked and monitored daily incoming, priority information conducted financial data calculations
- Communicated critical data to various divisions and resolved client inquiries and disputes
- Provided training to new associates and managed document archives.
Education
Master of Science in Financial Analysis -
THE STATE UNIVERSITY OF NEW JERSEY, Rutgers Business School
New Brunswick/Newark, NJ05.2022
Bachelor of Science in Finance -
WILLIAM PATERSON UNIVERSITY
Wayne, NJ01.2009
Skills
- Financial Reporting & Data Analysis
- Tax Documentation & Compliance
- Python
- Risk Management & Reconciliations
- Investment & Portfolio Management
- Financial Statement Analysis
- Derivatives & Fixed Income Analysis
- Company Research & Financial Forecasting
- Bloomberg Professional & Broadridge Systems
- MS Office (Word, Excel & PowerPoint)
- Teamwork and Collaboration
- Problem-Solving
Volunteer Experience
- Morgan Stanley, 2023, Mentee, Compass Group Mentorship Program
- Morgan Stanley, 2023, Peer Mentor, Summer Analyst Program
- Boys & Girls Club Hudson County, 2022, 2023, Teacher Assistant, Summer Camp Programs
- Boys & Girls Club Hudson County, Volunteer, Thanksgiving and Halloween Events
Timeline
MORGAN STANLEY
03.2022 - Current
BANK OF AMERICA SECURITIES
02.2019 - 03.2022
BANK OF AMERICA SECURITIES
02.2016 - 02.2019
E*TRADE FINANCIAL
11.2013 - 05.2015
E*TRADE FINANCIAL
11.2010 - 05.2013
Master of Science in Financial Analysis -
THE STATE UNIVERSITY OF NEW JERSEY, Rutgers Business School
Bachelor of Science in Finance -
WILLIAM PATERSON UNIVERSITY