Experience

Waterfall Asset Management LLC

• United States
• Investment Management
• 100 - 200 Employee

• Vice President

  • Nov 2020 - Present

  New York City Metropolitan Area



Deloitte

• Business Consulting and Services
• 700 & Above Employee

• Audit Manager

  • Aug 2019 - Nov 2020

  New York, United States • Designed and supervised the audit procedures for various account balances and transactions including private investment valuation, management fee and waterfall calculation, capital allocation and investment purchase and sales. • Supervised and reviewed test of design, implementation and operating effectiveness of internal controls for various processes including monthly/quarterly NAV close, private/public investments valuation and management fee and waterfall calculations.… Show more • Designed and supervised the audit procedures for various account balances and transactions including private investment valuation, management fee and waterfall calculation, capital allocation and investment purchase and sales. • Supervised and reviewed test of design, implementation and operating effectiveness of internal controls for various processes including monthly/quarterly NAV close, private/public investments valuation and management fee and waterfall calculations. • Facilitated a firm-based training for junior audit professionals for carried interest and incentive fee calculation for PE and Credit Funds. • Performed auditing and accounting research on complex accounting and reporting issues, including analyzing the impact of new accounting pronouncements on financial statements and provide interpretative guidance to clients.

• Audit Senior

  • Sep 2016 - Aug 2019

  Greater New York City Area • Developed and maintained the audit project management plan for the engagement team, conducted regular status meetings with audit managers and partners, and supervised and reviewed audit staffs’ working papers. • Performed test of operating effectiveness of internal controls for the accounts with significant risks including private investment valuation, waterfall calculation. • Performed substantive procedures to test the fair value analysis, specifically Level 2 and 3 Marketable and… Show more • Developed and maintained the audit project management plan for the engagement team, conducted regular status meetings with audit managers and partners, and supervised and reviewed audit staffs’ working papers. • Performed test of operating effectiveness of internal controls for the accounts with significant risks including private investment valuation, waterfall calculation. • Performed substantive procedures to test the fair value analysis, specifically Level 2 and 3 Marketable and Non-Marketable securities in line with ASC 946 and ASC 820 for Hedge Funds and Private Equity Funds. • Coordinated with the internal valuation specialist for their review of complex valuation modeling and financial analyses of private investments involving various methodologies, including the income approach, market approach (guideline public companies and guideline transactions), and cost approach • Active in the implementation of audit innovation tools, including participating in the focus group of an automated confirmation system, training and implementing an artificial intelligence application to extract quantitative and qualitative information from a large amount of source documentations, utilizing data analytics tools to visualize portfolio risk exposures (Tableau and Power B I) and using financial reporting database to provide controllers with insights into new accounting pronouncements and disclosures. • Verified the compliance with the minimum capital requirement for brokers and dealers under SEA Rule 15c3-1, reviewed moment to moment net capital compliance of the broker dealer client prior to taking on any new proprietary positions to verify that the broker dealer meets the requirements of the Capital Rule • Conducted review procedures for the broker dealer client’s exemption report prepared pursuant to Rule 17a-5 under the Securities Exchange Act of 1934 (“SEC Rule 17a-5”) in accordance with Attestation Standard No. 2

• Audit Associate

  • Jan 2015 - Aug 2016

  Greater New York City Area • Performed audit procedures on various types of the revenue accounts for the asset management company and a broker dealer (Transaction, Advisory, Underwriting, and Carried interest fees) • Performed reconciliation and referencing of financial statements to the audit working papers. • Conducted walkthrough with the clients to identify risks and relevant controls. Tested the design and implementation of controls and documented the conclusion of the design and implementation of the… Show more • Performed audit procedures on various types of the revenue accounts for the asset management company and a broker dealer (Transaction, Advisory, Underwriting, and Carried interest fees) • Performed reconciliation and referencing of financial statements to the audit working papers. • Conducted walkthrough with the clients to identify risks and relevant controls. Tested the design and implementation of controls and documented the conclusion of the design and implementation of the control. • Performed analytical procedures over all significant fluctuations for financial statement line items.