Bengaluru, Karnataka, India
Dynamic finance professional with over two decades spearheading: Valuation Control (IPV, PT/VA for Rates/CDS), Financial Account Closing/Product Control, Regulatory Reporting (FINREP/COREP), Statutory/MIS/FP&A, Liquidity/Leverage, Credit Risk Analytics (Basel III, EAD/LGD/PD/RWA/GVA/EL), Capital Planning/Forecasting, Treasury (Capital Demand/Supply per CRR/CRD IV), FVN-IFRS 13/IAS 39 (IFRS 9). Investments valuation/accounting, Fair value reporting, STG/investment products disclosure, Trading/derivatives P&L analysis (realized/unrealized, SLB), FX/CTA, sensitivity analysis, and Effective Expected Exposure matrices. Led global financial modeling for macro trading/credit products across regions; directed Markets Control (Valuation, Counterparty Credit, Treasury CIO) with IPV benchmarking, Black-Scholes/Monte Carlo for exotics, Heston/CVA automation via LLM/Alteryx/Tableau—slashing cycles 50%. Owned P&L validation, BS substantiation, RoTE/RWA analytics; drove IFRS escalations and audit readiness. As CIB Finance COO, built cross-border teams (e.g., SCB India/Africa, 40% growth), relocated centers (Africa to Bangalore/Chennai), and executed operating models across 50 markets with Gen AI/NLP. Professional stints in Zurich, London, and New York honed cross-cultural collaboration, transitioning 7+ processes in fast-paced environments to exceed expectations.
Global Financial Modeling & Markets Control Leader: Led financial modeling for Macro Trading, Credit products, Rates, FX, Currencies, and Emerging Markets worldwide; Partnered with trading desks for real-time model calibration amid market volatility. Oversaw Markets Control: Valuation, Counterparty Credit Risk, Treasury CIO (Liquidity & IRRBB); governed fair value via IPV, PVA/AVA, and mark-to-market. Valuation, IPV, and Options Pricing Expertise: Managed valuation for derivatives using Black-Scholes-Merton, binomial trees, Monte Carlo for exotics (barriers, Asians, variance swaps). Directed IPV benchmarking FO prices against brokers/vendors; adjusted for bid-ask, liquidity, VCG reserves, model risk via stress tests. Automated with LLM, Alteryx, Tableau—cut IPV cycles 50%. Calibrated exotics with Heston stochastic vol, CVA/DVA; enhanced audit readiness. Central Product Control: Validated daily P&L (FO/BO), BS substantiation, releases/charges and reserves, FC/BS impacts; built FX/local methodologies. Drove RoTE/RWA analytics with CFO. CIB Finance COO & Transformation Leader: Set Global Accounting/Reporting strategy; owned IFRS escalations, financial statements, regulatory filings. Mitigated risks via monthly balance/revenue reviews. Strategic Leadership, Team Building & AI-Driven Change: Built cross-border teams; executed regulatory programs reshaping processes/data/tech. Led SCB India/Africa centers (~40 team), grew India 40% via hiring/training/retention. Managed India Finance Center relocation (Africa to Bangalore/Chennai): site selection, branding, contracts. Rolled out CIB operating model across 50 markets (Fit for Growth); deployed Gen AI/NLP/Standard Chartered GPT for analytics gains. Forged IT/business ties; instilled team accountability.
Finance & Valuation Control Leader | Expertise in Rates, FX, and Prudential Valuations Led a high-performing finance control team, driving career progression through targeted coaching, KPIs, KRIs, and metrics while handling administrative oversight and fostering open, visionary communication for seamless succession planning. Spearheaded Price Testing and Independent Price Verification (IPV) for Rates, Currencies, and Emerging Markets products including IRS, CDS, Basis Swaps, FX Swaps, Cross Currency Swaps, TRS, Inflation, and Collateralized Derivatives. Built yield curves using Reuters, Bloomberg, Markit, ICAP, Tradition consensus, and internal FO marks (LIBOR/OIS); calculated FVA, PVA, bid/offer reserves; conducted Sensitivity Analysis, Prudent Valuations, Back Testing, Thresholding, Model Validation, attribution, and Credit Risk analytics. Owned full month-end valuation cycles: produced IPV reporting, fair value adjustments, variances, uncertainty reserves; analyzed results and prepared governance materials. Reviewed first-line controls, revenue recognition, forecasting, and IFRS/Prudential Valuation uncertainties, refining methodologies per EBA/PRA guidance. Delivered monthly Prudent Valuation capital deductions and quarterly PRA reporting; supported SOX attestations via executive reports. Developed price testing for FX/local markets, assisted trading desks with model calibrations, and tested Exotics model effectiveness through internal audits, evaluating portfolio calibration differences.Shared reliable P&L/NAV insights, funding analysis, MTM moves, provisions, and independent portfolio validations. Orchestrated daily/month-end processes: Validated P&L (FO vs. BO), assessed releases/charges, VCG reserves, FC BS impacts; reviewed NAVs, MTD breaks, new trades/transfers. Prepared logistics/IT enhancements, escalated issues, and partnered with Change Management Enforced governance/controls, and negotiated timelines with business teams for on-time delivery.
Spearheaded Capital Planning & Risk Analytics, drove regulatory compliance and strategic forecasting. -Analysis & Fin. Reporting of Capital Planning, Demand and Capital Supply based on Model updates, Methodology Changes, Book Size, Book Quality EDTFs to evaluate RWA/TCD by considering the Credit Risk, Market Risk, Operational Risk, CVA to arrive at EL (Expected Loss) along with CDI (Capital Deduction Items) for all business verticals. -Leverage Exposure, (CLR) Central Liquidity Reserve and CAD analytics - for Capital Requirement. -BASEL / RWA Analytics - CCR (Counterparty Credit Risk-RWA Analytics, Basel III CR, EPE(Expected positive exposure), PFE (Potential Future Exposure),Greeks/ Market Risk, CVA, GME(Equities) and GLM (Liquidity : covering LCR & NSFR) with QA based on LGD (Collateral), PD (Ratings), EAD (Based on EPE, MTM and notional)). -Liaising with Financial Desk, as well as IFRS Assurance Group (for IAS 39/IFRS 9, IFRS 13). -Treasury Role - Planning & Forecasting Risk capital needs of business and supply for treasury headquarters of the bank to meet regulatory capital requirements, ALM, Transfer \Pricing framework. Review of Liquidity metrics for BASEL III. -Managed KPI and KRI for the team.
-Analysis & Fin. Reporting of Economic Capital, Capital Planning, Demand and Capital Supply and Leverage Exposure based on EDTFs to evaluate RWA and LRE & CDI. -Central Liquidity Reserve(CLR: Direct and Indirect for Treasury) and SLR. -BASEL / RWA Analytics - CCR (Counterparty Credit Risk-RWA Analytics, -Performing risk analytics (Credit Risk analysis for Derivative and Non-Derivative products). Commentaries on large P&L swings, explaining in terms of book risk positions, P&L attributes and economic factors. Trading book, banking book and securitization classification and performing Regulatory Reporting. -Liaising with Financial Desk, as well as IFRS Assurance Group (for IAS 39/IFRS 9, IFRS 13) and MRM. -IFRS 13 Project (Levelling of Trades, GVG, Roll Forward Table, Sensitivity Analysis and Quantitative Range Analysis for L3 along with Control Framework and Process Governance and Oversight. -Trades, Liquidity Testing for L1 etc.) along with Statutory Reporting -Treasury Role - Planning & Forecasting Risk capital needs of business and supply for treasury headquarters of the bank to meet regulatory capital requirements, ALM, Transfer \Pricing framework. Review of Liquidity metrics for BASEL III.
-Daily P&L submission - for trading securities and investments; Preparing Flash Vs. Actuals commentary. -BS substantiation for SoX and reporting by analysing a number of trading books, investment securities and other investment pos like Consolidated and Equity investments. BS Validation of the value of our trading portfolios, review of breaks, exceptions, provisions, funding and native NAV. Ensuring whether appropriate accounting principles are applied. -Financial Statement supervision - Variance analysis cum commentary on P&L and BS position movements. Daily and Clean P&L Commentary for , Carry, Market Moves, New Trades, Inception Profit, Transfers, Provisions and Fees. Execution of regular independent price verification. -Client handling & Issue Resolution - Liaison with trading desk, Valuations, FOBO, Operations to resolve issues concerning bookings, valuations, new business, strategy and archiving supporting for external and internal Auditors and Accountants. -MIS reporting for the products Cash Equities (Equity financing through SLB, Prime Brokerage and Margin Financing, synthetics access), Swaps, Bonds, Futures & Options, CDS, TRS, CDOs, MBS, ABS, IRS, Fixed Income (FI Financing Repo desk) and FX.
-Financial Reporting of Investment/Participation Positions: Financial reporting of complex Financial investments, Participation products, membership of exchanges & respective hedging for purchase/sale/transfer, impairment, loss coverage contributions for investment of securities (esp. participations and consolidations) with CFO memos & respective Controlling Interest and Preparing their report (with GAAP treatment) for higher management review. -Equity pick Up on Investment and FX Revaluation of Investments/Goodwill/Intangible Assets: Month end Equity Pick up, FX revaluation on existing investments & current pick up and DTA/DTL (Deferred Tax) bookings and doing the Accounting treatment for Dividend declared (US GAAP reversal) and CH GAAP bookings in P&L, writing off Goodwill under US GAAP with the corresponding DT and Shared GAAP treatment for Intangible Assets. -Tracking Daily P&L for realised segment as well as for the Unrealised ones to help in forecasting the future BS impact, Preparing Trading and derivative P&L Analysis and Commentary for management (Based on DVA, FX, Trading Products, CDS, IRS positions, SAD, Debts & Bonds and STG and SIP Instruments). -Performing the Net Assets Valuations (NAV) for the hedged (with LIBOR: fixed + variable IRS) Bond positions, STG (Structured Transactional Group) and SIPs (Structured Investment products) by doing the CTA (Currency Translation Adjustments). Fin. Reporting for CDS/CDO and corresponding FVM level 03 instrument analysis. -FV Reporting: Fair value bucketing of Investment and securities under IFRS. -SLB Reporting - Preparing and reporting SLB details for the banks with Third parties along with internal business units. -Segmental Reporting in IFRS: Supervision of Segmental reporting for LOC, LOF, Day 0ne Gain (D1G), Debt Securities and marketable and non-marketable Securities, providing business commentaries for variances. Quarterly reporting of loan as Consumer/ Commercial/ Bank/ Public Authorities.
-Multi GAAP Reporting -GAAP Reporting under US GAAP (historic cost) & CH GAAP (LOCOM: Conservative) for Private banking & Investment banking entities. -MIS reporting: Business commentary on major variances in Legal Entity Review Package (LERP) at entity, function & Group level presentation to Senior Management. -Regulatory Reporting of Foreign Positions of Banks (FPOB) for Swiss IB and PB Entities. This reporting is finally submitted to BIS. Level 10 reporting in ADAC. -Reporting of Cross Border Outstanding (CBO) for Swiss IB, PB & AM entities to meet the requirements of SEC Industry Guide 3 under Securities Act, 1993. (ADAC Level 18). -FINMA liquidity reporting for Long Term Debt thereby providing maturity classification for the same. Level 28 reporting in ADAC. Plausibility check and commentary of the various financial statements. -Account ownership, SOX and other control tasks: Sign off of the month end balances of all accounts from the entity in the account ownership process. -Created a Workflow Chart with a view to fulfilling the SIPOC analysis (Visio Presentations). 70 documents prepared & signed off. Process automation and continuous improvement and eliminating wastages / NVA activities. (Following Kaizen and Kaikaku process). Skill sets Used: RCA,FMEA,RACI,Strategic Planning,Process Reengineering, Coaching/ Mentoring, Revenue Cycle Management, Meeting Facilitation, Systems Conversion,Benchmarking/ Competitive Analysis, GAP Analysis, Business Continuity, Post Implementation Validation, Process Mapping, Six Sigma/ DMAIC, Change Management, SWOT, Document (Risk and Controls). -Variance analysis of Balance Sheet positions in CART, LERP & per mail queries from Consolidation team for Level 04, Level 04a, Level 06, Level 10, Level 15, Level 28 , Lev16 & 16b. Lev 21, Lev 80, Lev 47& Level 38. -Average Balance reporting to avoid spot balance ordeal on the last day of month to calculate the avg. Interest rate for CART comments.