Palak Choreria

• Responsible for handling HNIs in the UK Market with an experience of having worked with 8 clients.
• Performing and reviewing valuations of funds with diverse structures to calculate end to end multi-class and multi currency NAV at UK market closure.
• Tasks integrated with NAV calculation consisting of Fund setups checks, analyzing various fixed and variable expenses. Analyzing and investigating capstock and income activities instructed and booked to the funds.
• Analyzing corporate action events along with trades (mutual funds, equity, futures, CFDs, CDS, options, IRS) and foreign exchange flows. Price change of securities exposure to the fund are analyzed before final NAV review sign off.
• Preparation and review of monthly management fee invoices, equity and bond yields, callable bonds, motive and circumstance for future derivative holdings, performance fee reporting, pre fund XD checks.
• Liaising with supporting teams to resolve matters of urgency to complete valuations.
• To be able to assist the manager to run the team and allocating tasks integrated with BAU and adhoc activities for timely completion and sign off.
• Set professional goals within the team for growth.
• Trouble shooting strategies to help the team deal swiftly with common issues.

Projects undertaken in the current role

• Been part of a critical client migration team in the year 2023, being the only client with 100% of funds been migrated on the first live date.
• Performed various fund mergers and closures.
• Performed standalone fund launches and share class launches.
• Been a critical partner to impart training to new joiners.

Achievements

• Spot award for saving a material error (52 Bps) on trade and challenged back to client.
• Rewarded for identifying incorrect fund setups in fund launch.
• Rewarded for identifying duplicate trades instructed by client