Jay Vyas Email & Phone Number

Halifax Regional Municipality, Ns, Ca

Halifax, Nova Scotia, Canada

Halifax, Canada Area

- Spreadsheets and Data Analytics in Finance- Advanced Diploma in Finance Program

Halifax, Nova Scotia, Canada

Responsible for the oversight of the banking operational support teams and the Bermuda operations outsourced activities performed by external service providers and other intragroup locations ensuring overall performance is monitored within SLAs and reporting of KPIs are disseminated to relevant business functions and stakeholders.Responsibilities include:• Established operating procedures; monitored and evaluated programmatic and operational effectiveness and effected changes required for improvement.• Identified, coordinated, and implemented required training for personnel within the Halifax Operations team regarding the nature and application of operating policies and procedures.• Worked closely with Heads of Operations and Human Resources to recruit and train support staff as required.• Liaison with external stakeholders like brokers, fund administrators, data providers, and correspondent banks to provide seamless services to bank clients.• Worked with internal and external auditors to ensure optimal operational and risk framework for all managed functions.• Managed project upgrades and ensured testing and implementation of new procedures, hardware and software were properly understood by teams.• Effectively lead a Supervisor and a team of more than 15 Operations employees, including coaching, mentoring, and performance management.Achievements:• Completed over 11 transitions in 3 years to Halifax office.• Achieved 100% SLA on all functions.• Achieved 100% paperless operational environment within 1st year of undertaking role.• Achieved lowest turnover and managed over 100% personnel growth year over year.• Automated various processes and reporting to achieve a 20-30% gain in productivity year over year.• Explored and implemented process optimization using various tools including RPA.

Halifax, Canada Area

Team Lead managing a group of 12 KYC/AML Analysts conducting detailed due diligence on all bank clients and relations entities from retail, corporate and private banking. Conducted transactional analysis, KYC/AML/ATF due diligence periodic reviews, including risk rating of customer accounts and making recommendations for high-risk account monitoring for Butterfield Bank (Cayman and Bermuda)Primary Roles• Final point of escalation and subject matter expert for the team and ensuring that analysts develop and maintain a solid understanding of Bank policies and regulatory requirements• Responsible for monitoring, reviewing, and approving team’s cases, Suspicious Activity Reports, and escalations and ensure regulatory expectations/obligations are met.• Reviewing list of pending cases assigned to AML analysts and discuss case dispositions to ensure cases are completed in a timely manner.• Continuously evaluate operational procedures and recommend changes to improve processes for efficiencies and effectiveness of the program.Achievements:• Team Lead in Compliance/Remediation project.• Review and update of periodic review process and procedures.• Trainer for new employees on client review process and systems.

Downtown Halifax Branches

• Provided bank clients with Customized financial plans by completing in-depth goals and financial assessments, delivering tailored investments and wealth solutions.• Specialized in bank promoted investment products like Cash deposits, GIC’s – equity, index-linked, asset allocation mutual funds fixed income and balanced funds, index funds, and ETFs.• Analyzed and recommended wealth solutions to dedicated high net worth clients with tax and estate planning.• Recommended products and solutions for business succession and financing needs utilizing the full suite of bank products available through partner channels.• Covered 6 high volume and top-performing Halifax downtown branches, partnering with branch managers, financial and business advisors; as well as providing coaching on investments and products to improve sales.• Attended industry events, investment roadshows, and conferences to keep up to date with industry trends.• Acquired over 75+ new clients and closed $ 5 mil assets under administration.

Halifax, Canada Area

- Provided tailor-made financial planning advice and solutions using our unparalleled array of investment and portfolio solutions, including best-in-class proprietary and select third-party mutual fund solutions- Acquired and consolidated existing and new-to-RBC clients and assets- Connected clients with the right RBC team members to help continuously meet their needs- Developed external business referral sources through networking, marketing, and centres of influences.

Halifax, Canada Area

• Helped clients by creating wealth by formulating detailed short- and long-term financial plans and helping them reach their financial goals and achieving financial freedom. • Implemented financial planning strategies to generate new business across various platforms MFDA, IIROC & Insurance. • Achieved Top sales target award for the year 2014 for outstanding performance in all overall sales categories. • Achieved 100+ clients in less than 2 years. • Completed AML, CRM and compliance training in preparation for industry changes while understanding our competitor’s strategies. • Implemented financial planning strategies to generate new business across various platforms MFDA, IIROC & Insurance. • Using various strategies and planning tools to create value for my clients in areas such as:- o Retirement Planning o Investment Planning o Insurance Planning o Estate Planning o Tax Planning o Cash & Debt Management

Calgary, Canada Area

- Prepare timely and accurate Net Assets Values, yields, distributions, and other fund accounting output for subsequent review for more than 20 Mutual funds.- Work and manage a team of 3 fund accountants and provide timely management reports on the general progress of the department and work force.- Record accurately, and in accordance with the Department policies and procedures, such accounting records as securities positions, corporate actions related, and journal entries.-Reconcile various accounts, or reviewing reconciliations prepared by other Accountants, and promptly researching and correcting any variances.- Identify exceptions and problems affecting accounting records and prices, communicating same to management, and assisting in their resolution.-Assist, as assigned, in preparing audit schedules, compliance reports, FAS compliance, tax returns, financial statements, or other reports.-Write reports periodically to management on Fund activities and other related issues.-Research, as assigned, certain securities in Fund portfolios for the purpose of ensuring proper accounting treatment (such as the nature of distributions, original issue discounts, and international valuations) and compliance with SEC,IFIC, tax, and prospectus restrictions and limitations.- Participate in regular rotation of trade processing and other accounting processes to prepare the fund accounting system for the next day.- Review daily reconciliations; settle cash, market value, book value, DVR receivable, NAVPS, and units.- Reconcile and review daily,monthly, Quarterly & Year end packages; settle cash, dividend, income, capital gain received, mutual fund dollars and units, market value, book value, and NAVPS.- Liase with various external parties like fund administrators like CIBC Mellon, Front Street & Admiral Fund Services; various custodian and prime brokers like CIBC, Scotia,Capital, TD, DB,etc. Data providers like SVC, Markit and Bloomberg.

Halifax, Canada Area

• Preparation of NAV calculations, including but not limited to identification of corporate actions, verifying security pricing, performing cash and security position reconciliations • Liaising with investment managers, brokers, custodians and auditors• Preparation of subscription and redemption documents for investment by fund clients• Prepare wire requests relating to investments by fund clients• Liaising with offices in other jurisdictions• Provide superior customer service to hedge fund managers and investors • Participate in various system initiatives and projects

· Production of daily operational deliverables in line with client/ other Citco Officesservice level agreements;· Preparing daily trades, position and cash reconciliation;· Monitor and analyze daily portfolio pricing;· Break resolution for all open items with the brokers or clients;· Verify Security Master set up to ensure proper P&L capture and risk management reporting;· Review of OTC master agreements and confirmations;· Support the conversion of any new clients or existing migrations;· Work with Business Analyst on daily basis on any open issues per client;· Work with clients/ other Citco Offices and Operations Support to resolve any open issues;· Assist in verifying test results for all in house system enhancements.

* Developing client relationships, expanding business model, * Targeting niche markets and creating verticals for new business generation.* Lead generation, client consultation and problem resolution.* Marketing and advertising and promotion planning* Distribution channel analysis and development * Plan and manage personal business portfolio/territory/business according to an agreed market development strategy.* Communicate, liaise, and negotiate internally and externally using appropriate methods to facilitate the development of profitable business and sustainable relationships* Manage product/service mix, pricing and margins according to agreed goal

* Assisted in preparing project analysis to properly allocate costs for expansions of new stores and renovation of existing locations * Provided assistance in the cost analysis for each project to ensure appropriate tax/asset classifications * Created appropriate reports and documentation for external and internal audit procedures * Performed interviews with engineering group for project updates and review * Conducted in depth research on CICA standards and policies and corresponding IFRS standards * Assisted in selecting, testing and implementing IFRS accounting policy choices * Worked with various business units to identify and address the various issues in relation to converting to IFRS

* Budget co-ordinator for the Nova Scotia Department of Health. SAP and SAS specialist, forecasting, budgeting, accouting, estimates and financial analysis. * Performed variety of tasks including preparing and delivering the forecast package, creating alternative hierarchies within the SAP system * Created statistical orders using SAP, blocked cost centers, prepared journal vouchers and completed projects assigned by the Budget manager and Co-ordinator * Synchronized data within SAP and SAS data for comparisons and analysis

* Financial services- accouting, auditing, taxation, forcasting and financial analysis. * Performed variety of tasks relating to accounting, budgeting, forecasting and control processes * Assisted with the coordination of the year-end audit process for the Department * Processed account payments and cheque requisitions on SAP and standardized General Ledger /Balance sheet accounts

Bachelor'S, Distinction, Honours

Activities and Societies: Member - Entrepreneur Skills Program Dean's List 2008-2009 University Scholar 2008-2009

High School