Aakash Kumar Agarwal
Chartered Accountant; M.Com
Mumbai
Summary
Goal-oriented professional with more than 7 years of experience in finance domain with rich regulatory reporting and portfolio accounting background, striving for excellence through continuous learning while contributing to organizational growth.
Overview
8
8
years of professional experience
9
9
years of post-secondary education
3
3
Languages
Work History
Director/AVP - Financial Shared Services
Morgan Stanley
02.2024 - Current
- Reviewing the preparation of disclosures forming part of 10K/Q (SEC) and FED reporting specifically for borrowings and OSF
- Thorough checking of data used for reporting provided by GPCs for correctness and rectification
- Reviewing the preparation of average balance sheet forming part of 10K/Q reporting
- Implemented innovative solutions to solve complex problems, resulting in increased productivity and streamlined operations.
- Cultivated a positive work environment that fostered employee engagement, increased retention rates, and boosted overall team morale.
- Enhanced team collaboration through regular communication, goal setting, and performance evaluations.
Manager - Treasury risk reporting
Citi
03.2022 - 02.2024
- Interest rate risk reporting for CEEMEA countries which includes computation of IRE and CTC numbers using GAP methodology
- LCR computation for South Africa entity
- Project handling for various automation and system migrations going on at Bank level
- Monthly presentation of team KPI and performance metrics to senior management and regional treasurer
- Received Citi gratitude silver award for leading project for identification & reducing redundant reports by 38% and other system clean-ups
- Also, received Citi gratitude copper and bronze award for various automations and system UAT testing at Bank level
- Identification and remediation of significant gap in reporting
- Also, received top performance rating in team
Manager - Treasury risk reporting
YES Bank Ltd.
09.2021 - 03.2022
- RWA computation for Counterparty credit risk and market risk as per CAPAD Basel III guidelines for CRAR calculation
- LCR and NSFR computation
- Calculation of VAR, stress testing and daily GAP reports (GPB returns) reporting
- RBS indents, DSB returns, country risk exposure etc
- Actively involved in testing for automation of few reports in Murex
- Received appreciation from senior management for process documentation and SOP creation of 55 regulatory reports and MIS which helped colleagues in easy transition and handovers
Deputy Manager - Finance and Accounting
Volkswagen Finance Pvt. Ltd.
03.2019 - 09.2021
- Verification of accounting entries generated by back-end system (Indus system) for Retail and wholesale loan portfolio
- Daily Bank and GL reconciliations
- Portfolio maturity bucketing, accounting for NPA provisions, EIR calculation for IFRS reporting
- Regulatory reporting to RBI on XBRL platform which included DNBS and SAC filing
- BSE filing and assisting in financial report preparation
- Support function to treasury front office and back office like daily cash management activities and liaising with banks
- Received ACE award for process automation, process simplification and reconciliations which reduced time used for bank reconciliations by 80%
- Received gratitude awards for commitment, enthusiasm and leadership at workplace
- Also, received top performance rating in team
Deputy Manager - Regulatory Reporting
ICICI Bank Ltd.
11.2016 - 03.2019
- Preparation and filing of regulatory reports on OSMOS, MIS reporting which included valuation of money market instruments like bonds, treasury bills etc for IBG branches of ICICI Bank Ltd
- RWA computation for counterparty credit risk and Market risk as per CAPAD Basel III guidelines for CRAR calculation
- Preparation of BLR liquidity returns, RBS indents and DSB returns
- System testing for automations at Bank level which includes Fintelix and ADF system
- Received TARA and Quest for quality awards for various automation projects and simplification of work which resulted in time saving by at least 60% per return
Education
Chartered Accountant (CA) -
Institute of Chartered Accountants of India (ICAI)
01.2011 - 01.2016
Master of Commerce (M.Com.) -
Veer Narmad South Gujarat University (VNSGU)
01.2014 - 01.2016
Bachelor of Commerce (B.Com.) -
Veer Narmad South Gujarat University (VNSGU)
01.2011 - 01.2013
Skills
Experienced with Microsoft Office Applications
Murex 31 Experience
SAP Financial Accounting
Bloomberg
Personal Information
- Date of Birth: 01/13/92
- Nationality: Indian
- Driving License: India Issued
Timeline
Director/AVP - Financial Shared Services
Morgan Stanley
02.2024 - Current
Manager - Treasury risk reporting
Citi
03.2022 - 02.2024
Manager - Treasury risk reporting
YES Bank Ltd.
09.2021 - 03.2022
Deputy Manager - Finance and Accounting
Volkswagen Finance Pvt. Ltd.
03.2019 - 09.2021
Deputy Manager - Regulatory Reporting
ICICI Bank Ltd.
11.2016 - 03.2019
Master of Commerce (M.Com.) -
Veer Narmad South Gujarat University (VNSGU)
01.2014 - 01.2016
Chartered Accountant (CA) -
Institute of Chartered Accountants of India (ICAI)
01.2011 - 01.2016
Bachelor of Commerce (B.Com.) -
Veer Narmad South Gujarat University (VNSGU)
01.2011 - 01.2013