If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.

0356078

PROFILE:

An ambitious, growing Professional that believes in the importance of being captivated and remaining enthusiastic about the changing world. Also, acknowledging that hard work, discipline, and aspirations are key issues to succeeding. Working within Finance is my passion. I enjoy creating and solving within the everchanging fast paced landscape that Finance brings. My future plan is to be contributing to a variety of professions within the Financial Services sector. I want to broaden my understanding and knowledge within the different subsectors of the Finance industry. This is what I want to be at the forefront of. This is who I aspire to be.

SKILLS:

• Ability to work under pressure.
• Striving to grow and test myself.
• Innovative.
• Team Player.
• Ambitious.
• Excellent timekeeper.
• Strong written communication/Ability to adapt to change.
• Diligent.
• Determined to find new solutions and possible fixes.
• Organizing and setting out tasks at appropriate times.
• Patient.
• Calm and assured.
• Taking the initiative.
• Attentive.
• Proficient in Microsoft Excel, through carrying out economic data analysis.
• Ongoing and basic knowledge of R coding through risk management models.
• Accounting knowledge.

CAREER HISTORY:

OCTOBER 2023 – PRESENT

Building Society

Loan Book and Portfolio Securitization Officer

CGMA CERT BA (Currently Sitting)

• Responsible for ensuring the smooth running of a Bilateral agreement between the building society and a bank whereby National Counties pledges mortgage loans as collateral to borrow funds from the bank, also known as Loan Securitization.
• Calculating the funds received from borrowers on mortgage accounts to send to subsidiary in which Citibank whom act as the intermediary cash manager to provide funds to Santander as part of the bilateral contract between both parties. Also identifying suitable loans from the mortgage book that can be used as future collateral and planning when top ups maybe required within the bilateral pool of mortgages for liquidity purposes.
• Monitoring of the portfolio, ensuring the loan book is efficiently managed with maturity dates/interest in line with agreements with the investment bank.
• Journalling Cash Movement into the correct ledgers for the Bilateral agreement Responding to any queries raised by external auditors.
• Management of the daily, weekly and monthly monitoring and reporting of mortgage pools, including collateral held with a bank.
• Management and record keeping of daily cash sweeps between subsidiaries.
• Liaising with the Treasury department for drawdowns and Underwriting department for Further Advance Accounts
• Liaising with Solicitors for the repurchase of Loan Accounts from the SPV, or inclusion of further Loans.
• Experienced working with Buy to Let, Commercial, Owner Occupied along with Syndicated Loans and Bridging Finance.
• Management of the loan book including set–up of new applications/new loans on Aurius and Loan IQ.
• Assist with Customer Due Diligence for new customers and on-going reviews with Underwriting.
• Preparation of offer letters/variations and extension Letters to borrowers along with redemption statements working with underwriting.
• Preparation of instruction letters for third party professionals.
• Monitoring of loan conditions, overdue interest, Call Accounts, and periodic reconciliation of the pool of mortgages balance and fee movements.

MAY 2022 – PRESENT

Self-Management Company - Property Investor

LANDLORD AND DIRECTOR

• Landlord for personal rental property.
• Providing self-management services to other residents living within the same complex. Liaising with external contractors to resolve problems amongst the communal areas of the complex, as well as controlling budgets and expenditure on the overall property.
• Enforcing policies stipulated in contract between leaseholders and the freeholder of the complex.

MAY 2022 – OCTOBER 2023

Holding Company

Finance

• Supporting a family’s accounts.
• Supporting the winners of a tv show, with their accounts as well as. My duties within accounts included bookkeeping and paying supplier and services invoices.
• Supporting the management accountants with going through potential cost savings for apprentice companies.
• Helping the management accountants undertake stock counts for some of the apprentice companies.
• Liaising with the accounts and property division within the company and helping conduct vat returns.
• Compiling information on retail and office space properties detailing costs within spreadsheets.
• Conducting property research for apprentice companies to rent out and use as part of their business operations. Forecasting how much this would cost them per annum.
• Responsible for uploading properties to let on the companies website, as well as formulating detailed written descriptions about each property. This would include uploading the agents brochures along with their contact details.

DECEMBER 2018 – PRESENT

Banking

General Business/Finance/Accounts

• Advising the client, the best software to use for digital VAT and tax returns, whilst being involved in the set up.
• Basic Bookkeeping and Paying of Invoices.
• Creating Spreadsheets on Forecasts of Clients Buying Properties including Ground Rent Costs.
• Handling any licencing issues with VitalTax i.e if yearly subscription ended.
• Downloading software according to the client’s needs.
• Fulfilling client brief requirements, an example included requiring an e- signature.
• Demonstrating to the client how to use Microsoft Word and Excel to their full potential.
• Diligently sorting of clients different account statements into relevant folders and arranging for a process and method for this to be accomplished.
• Uploading VAT returns on to BDO Tax Portal and responding to any instructions from BDO, whilst informing the client.
• Helping resolve any technical issues with accessing portal or software.
• Helping arrange for VAT Return breakdown to be sent to Accountants to be reviewed, should the Business have to prove breakdown of Purchases and VAT claimed back.

NOVEMBER 2021 – MAY 2022

Banking

Credit and Trade Finance Associate

• Opening and closing of accounts and related loans.
• Carrying out Basic Stock takes within the Bank of their Assets.
• Handling back office related activities on Invoice Discounting in an efficient manner.
• Participated in team projects involving the testing of new setups on banking software to meet business needs.
• Assisted in transactional regulatory checks.
• Checking customer’s credit and approving or denying it, based on industry standards.
• Implementing changes in the company’s credit control system.
• Liaising with the Finance Department for reconciliation.
• Monitored, and chased outstanding funds daily and diarised as necessary.
• Preparation and sending out Letters of Credit on behalf of the buyer.
• Exporting Customer calls analysing call frequency for Personal Business Banking Team.
• Assisting with the application maintenance, making sure processes such as end/start of day processing is carried out correctly.
• Diagnosing common faults with the SWIFT platform, Bank ware and WILF Reporting.
• Supporting website design for the Compliance department and Personal Business Banking Department.
• Undergoing regular UK Finance Compliance Training, which includes being familiar with the latest Regulations within AML.
• Diagnostic of Customer payment issues using Internet Banking.

SEPTEMBER 2021 – NOVEMBER 2021

Financial Advisor

Hedge Fund Work Experience

• Begun within the foreign exchange department analysing trading deals and gathering sources of market information.
• Gained an insight into their tool, Drax Prime, for trading in derivatives such as fixed income and commodities.
• Assisted interest rate swaps team, looking at for example ‘vanilla’ swaps to hedge against floating interest rate exposure.
• Oversaw activity within the cryptocurrency specialists’ team.

AUGUST 2020 – SEPTEMBER 2021

Education

Finance

• Managed staff contracts in accordance with the school’s procedures.
• Ensured that all administrative duties, checks, documentation, reports and returns (internal and external) were completed accurately and submitted within required deadlines.
• Collated information, statistics and prepare reports upon request to, the Board of Directors and Headteacher.
• Monitored income and expenditure in relation to the school’s budget, and produced monthly
• reports for the Directors, Headteacher and the Finance Committee.
• Assisted in the preparation for the annual audit, liaising with all parties involved.
• Maintained and oversaw all bank accounts including the school’s debit card/s, completing
• monthly reconciliations and reported any banking errors to my manager.
• Assisted in the preparation of accurate VAT accounting and payment so that VAT reclaim returns were submitted as required.
• Was responsible for all elements of cash handling including collections and disbursements, banking and security, fundraising and school trips.

JUNE 2020

Education

Financial Work Experience

• Partook in a virtual course whereby I received skill sessions run by leading investment banks.
• Completed and presented a real-life work sample for an airlines acquisition.
• Networked amongst other aspiring graduates.

JUNE 2020 – SEPTEMBER 2020

Executive Search Firm

Financial Work Experience

Financial Recruiter

• Enabling staff login and log out tracking functionality using Salesforce software.
• Creating formula fields in reports converting foreign currency to GBP for each live mandate.
• Applying VAT where applicable for the transfer of candidates for clients, to either Switzerland or UK Investment banks.
• Forecasting Expected Revenue and Gross Revenue per client placement of a candidate into GBP for ease of accounting for senior managers using Salesforce.
• Depending on currency or country client is in, converting and forecasting the projected fee to be charged per candidate into the local currency.
• Carried out improvement works on website, both email and browser formats.

EDUCATION:

SEPTEMBER 2016 – JUNE 2020: University

BSc (Hons) Business Information Technology with Sandwich Year - First Class Honours Degree |

SEPTEMBER 2014 – MAY 2016: High School

A Levels

• English Literature.
• Information Communications Technologies.
• BTEC Level 3 Diploma in Business (QCF) Double Grade.
• Extended Project.

INTERESTS:

In my spare time I usually like to play football and since I have been to other parts of the world, I have enjoyed playing different styles of football. I also, am a Sim Racing Driver, in which I compete with different drivers from different parts of the world in competitive online races. I also, enjoy learning about computers and keeping up with technology. I have the aptitude to diagnose and resolve software/hardware problems both at work and at home further enhancing my own skillset and am also into property investing. It demonstrates that I am versatile individual and open to learning about different things every day, whilst always on the lookout for a challenge.

References Available Upon Request

If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.

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