Kajal Roopnarian
Senior Manager : Unitisation, Tax and Cash Mangement at Momentum Corporate Finance LLP- Claim this Profile
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Bio
Credentials
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Footwear Design
The Footwear Design & Technology School of SAApr, 2018- Nov, 2024
Experience
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Momentum Corporate Finance
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United Kingdom
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Investment Banking
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1 - 100 Employee
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Senior Manager : Unitisation, Tax and Cash Mangement
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Sep 2015 - Present
In this position I have been additionally responsible for multiple teams. Regulatory compliance team, WEB registration, Data fixing, Portal queries, divorce orders and manual bank verification teams within the retirement fund administration industry. My main focus area has always been investment administration of the retirement fund’s assets where we have nearly two hundred billion in assets under management. I manage a diversified team of 12, with 3 being direct reports. I am involved heavily in the company’s leadership decisions and often represent the company on the client engagement frontier. In this year alone, I have represented the company and won seven out of eight tenders for standalone retirement fund administration.
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Senior Manager Unitisation, Tax and Cash Management
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Sep 2015 - Present
Effective management and monitoring of cash flow team function•Monitor cash flow instructions and liquidity of accounts•Senior manager bank signatory for the company. •Authority for asset manager signatory list.Unitisation monitoring and management function•Attend and present at fund trustee investment committees•Inform team of decisions made by Funds•Implementation of resolutions and investment decisions made by the fund. •Ensure timely and effective daily unit pricing of funds.•Daily and monthly compliance of all funds to strategic investment principles•Monthly internal and external reporting timelines are met•Daily asset liability matching reconciliations in balanceRegulatory Compliance•Final approval of consolidated and summary Regulation 28, SARB and DWT.Client Facing role•Create and maintain long lasting relationships that support the client value proposition. •Prepare, compile and present on all investment related activity to clients•Review documents and present in the tender process•Respond to client and member investment related queriesManagement and monitoring of the following processes within the tax team•Monthly PAYE is correctly paid in accordance to their Fund EMP201’s•Bi-annual reconciliation and submission of EMP501’sStrategic Management role•Leadership of Portfolio Managers and their respective teams within the HR and company rules.•Actively participate in new fund take-on and change control projects•Organizational design, role definition and mapping•Innovation initiatives to enhance client experience•Performance measurement including training and coaching•Adoption and implementation of automation projects and ensure ISAE 3402 compliance•Perform risk analysis of internal controls and recommend mitigation•Monthly MANCO report back•Compile and control team’s budget •Oversee team's personal development plans in conjunction with their training needs.•Talent mapping for succession planning
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Senior Implementation Specialist
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Sep 2013 - Aug 2015
▴Overview▴ Project managed the take-on terminations and maintenance of clients on a multi-manager platform. Assist in daily transition and rebalancing processes aligned to the client’s investment strategies. ▴Reporting▴ 1 direct report that managed the Retail METCI clients. ▴Responsibilities▴• Managed the take-on of new clients on the multi-manager platform.• Implementation of complicated fund structures, fee structures and accruals on Interlink. • Report back to relationship managers who then keep the client consistently informed. Oversaw the take-on and termination of all asset managers.• Transition Management of assets in specific structures.• Re-balanced portfolios to target allocations.• Ensured daily compliance to client’s strategic investment principles by correct allocation of large cash flows.• Ensured documentation compliance for take-on accounts, terminations or any changes to client profiles.• Worked closely with legal, compliance and client engagement teams.• Oversaw Retail METCI retail clients’ daily investment administration.• Stakeholder management.• High level query resolution.
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African Alliance
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Mauritius
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Investment Banking
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100 - 200 Employee
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Head Of Pricing
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Aug 2008 - Dec 2010
With my extensive Hiportfolio and investment administration knowledge, my purpose was to set up the new Mauritius branch. I was involved in hiring and training of all 10 staff members and ensure seamless take-on from the Botswana office. • Traveled weekly for 3 months to move the investment administration from Botswana to Mauritius.• Training of all new Mauritius staff on system and theory;• Manage the pricing, investment administration and general ledger of African based single manager investment portfolios.• Managed 4 staff members in Botswana and 10 staff members in Mauritius in the broader team; • Managed 2 direct reports ;• Hiport super user function ; • Technical Hiportfolio support, maintenance and advise ;• Monthly MANCO reporting to Exco;• Project management on system enhancements;• Daily review of income statement and balance sheet via cost sheets;• Review TB against investments;• Monthly review and release of income distribution figures;• Closing of annual GL on Hiportfolio (Fund specific year ends).
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Advantage Asset Managers
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Financial Services
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1 - 100 Employee
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Senior Fund Accountant
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Jun 2003 - Jul 2007
The position was held in Mcubed which later merged with Momentum to become Advantage Asset Managers. It involved several late nights in merging data on the Hiportfolio system.• Full financial and investment administration function in institutional fund range on a unit trust platform (Hiportfolio);• Daily bank and script reconciliations; • Daily trading, unit pricing and system updates; • Monthly Financials (TB, income statement and balance sheet); • Monthly income distribution;• Adhere to client SLA’s ;• Accrual maintenance (Fees and Bank);• Ensure assets and liabilities are in step; • Blends;• Stakeholder query resolution• Regulatory compliance (Regulation 28 and SARB)
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STANLIB
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South Africa
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Financial Services
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700 & Above Employee
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Fund Accountant
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Sep 2001 - May 2003
I worked for Liberty Asset Managers (LIBAM), which later merged with Standard bank and became STANLIB. The investment administrative function was centralized hence the accountants where responsible for the full end to end function. We worked closely with the trade desk, Investment Managers and settlements team.• Investment administration on the single manager platform (Hiportfolio) ; • Daily administration and support to Portfolio/Investment Managers ; • Daily bank and script reconciliations; • Daily trade and settlement process; • Monthly trial balances and statement M’s; • Annual income statement and balance sheet;
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Education
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GIBS Business School (Gordon Institute of Business Science)
Management Development Program -
1997 - 2000
University of KwaZulu-Natal
Bachelor of Commerce - BCom, Accounting & Business Information Systems
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