Seema Mohanty
Managing Director
Ms. Mohanty has 30 years in the tax-exempt finance business as both a banker and derivatives marketer. She currently advises on interest rate and commodity derivatives and capital markets products for corporate and municipal and not-for-profit issuers. She has advised on approximately $50 billion of derivatives and structured bond transactions including deal contingent hedges and natural gas prepay transactions.
Prior to founding MG in 2008, Ms. Mohanty was a Managing Director and the Head of Derivatives Marketing and Structured Products at UBS. In this role, she managed a group of 20 professionals responsible for issuer and investor derivatives marketing, quantitative bond analysis and lending. Ms. Mohanty oversaw the allocation of a multi-billion dollar lending book, the first at UBS, to provide letters of credit and liquidity facilities to tax-exempt clients.
Prior to UBS, Ms. Mohanty was a Managing Director and Head of Issuer Derivatives Marketing at Morgan Stanley where she structured, marketed and executed a variety of derivative transactions including interest rate swaps, swaptions, knockout swaps and inflation-linked structures for major clients. Ms. Mohanty began her career as a housing banker at CS First Boston, and then was an infrastructure and transportation banker in municipal finance at J.P. Morgan. In 1999, Ms. Mohanty joined JPMorgan’s Risk Management Marketing Group where she focused on developing and providing structuring ideas for tax-exempt clients, and marketing interest rate derivatives.
Ms. Mohanty has a BA in Economics from the University of Michigan and an MBA in Finance and Economics from the University of Chicago, and holds her Series 50 and Series 54 Certification. She is a former board member of the MSRB, the Eastside Settlement House, and Women in Public Finance and currently serves on the Industry Diversity Advisory Committee of FINRA.
Zoya Gargiulo
Managing Director
Ms. Gargiulo has 20 years of experience in derivatives, structured products, and bond financing. As principal at Mohanty Gargiulo LLC she advises clients on risk-management/hedging and capital markets solutions, hedging, financing, and structured product transactions, market strategy and execution, as well as markets and regulatory developments.
As a Managing Director and Head of Tax-Exempt Investor Derivatives at UBS she was responsible for managing all aspects of derivatives and structured products business with institutional clients and the third party TOB financing program.
Prior to UBS, Ms. Gargiulo was a Principal at Banc of America Securities where she launched institutional investor tax-exempt derivatives business and the third-party TOB program. Within the tax-exempt issuer space, she focused on structured products such as total return swaps, index put bonds and other direct-lending solutions.
Ms. Gargiulo spent 8 years as a structured products and derivatives marketer at JPMorgan. She has worked on structuring, marketing and executing a wide array of interest rate and credit derivatives products for institutional clients investing in tax-exempt securities. Ms. Gargiulo was instrumental in building out the third-party TOB book and starting the tax-exempt issuer direct lending solutions business. She spent 3 years on the corporate derivatives desk where she provided comprehensive risk management solutions to domestic corporate clients. Her work included performing asset/liability analyses to determine the clients' hedging needs and structuring, marketing and execution of various interest rate and FX derivatives transactions.
Prior to attending business school, Ms. Gargiulo was an investment analyst for a USAID venture capital fund in Bulgaria, where she worked on all aspects of deal origination, structuring and execution of debt and equity investments.
Ms. Gargiulo holds an MA in Philosophy from Sofia University and an MBA in finance from Columbia Business School. She currently serves on MSRB Professional Qualifications Committee.
Aditya Vardhan Sharma
Associate
Aditya began as an Associate with Mohanty Gargiulo in 2022. His primary responsibilities are to provide quantitative analysis and client support, which includes ongoing monitoring of client portfolios, pricing and modeling derivative structures, verification of swap accruals and collateral posting amounts, GASB testing and compilation of daily and weekly reports tracking the tax-exempt and taxable fixed-income markets.
Before joining Mohanty Gargiulo, Aditya worked as a Risk Analyst at Dash Financial Technologies. His primary responsibilities were to maintain regulatory technology models reviewing institutional trades and modify trade algorithms based on macro and company-based risk models. Other work experience includes working as a Macroeconomic Analyst at Canton & Company.
Aditya received his M.S. in Financial Econometrics from Johns Hopkins University Carey Business School.
Jackson Casey
Associate
Mr. Casey started as an Associate with Mohanty Gargiulo in 2023. His primary responsibilities are to provide quantitative analysis and client support which includes ongoing monitoring of client portfolios, pricing, structuring and modeling derivative structures, verification of swap accruals and collateral posting amounts, GASB testing and compilation of daily and weekly reports tracking the tax-exempt and taxable fixed-income markets.
Prior to joining Mohanty Gargiulo, Mr. Casey worked as Public Finance Analyst at Davenport & Company LLC. His primary responsibilities included long-term capital planning, fixed-income investment analysis, public & private debt issuances, credit rating analysis, database maintenance, and financial modeling. Jackson worked with clients of all sizes including local governments, state governments, regional authorities, not-for-profit organizations, and higher education institutions.
Mr. Casey received his BBA in Finance from James Madison University and holds his MSRB Series 50 Certification.
Mohanty Gargiulo LLC
Mohanty Gargiulo LLC is registered as a Municipal Advisor with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board, as well as a Commodity Trading Advisor with the Commodity Futures Trading Commission. We are also a certified Minority and Women-Owned Business Enterprise.