Akash Thakar
Bengaluru
Summary
Accomplished VP Operations at HSBC Electronic Data Processing, I spearheaded strategic revamps and technological integrations, enhancing operational efficiency and productivity. With a proven track record in team leadership and strategic planning, I led a 150+ team across multiple locations, achieving significant improvements in financial controls and regulatory compliance. My expertise in risk management and fostering a culture of continuous improvement drives organizational success.
Overview
20
20
years of professional experience
Work History
VP Operations - Trade Conduct and Finance Control
HSBC Electronic Data Processing
12.2019 - Current
- Guiding 150+ team members across Bengaluru, Gurgaon and Manila in Financial Controls , Surveillance and Product ownership.
- Developed and implemented strategic plans including redesigning operating model.
- Orchestrated the turnaround of underperforming departments to achieved targets
- Boosted operation efficiency via operating model revamp for accounting control
- Leveraged technology to automate workflows and streamline processes, resulting in increased productivity for Off market Rate checking
- Spearheaded regulatory initiatives for Off market Rate checking
- Cultivated a culture of excellence and continuous improvement within the team
AVP - Accounting Control
HSBC
05.2014 - 11.2019
- Led Fixed Income product control team of 26 Finance professionals
- Cooperating with onshore partners to pinpoint challenges during the closing periods
- Spearheaded transformation of operating model for enhanced cross-regional collaboration
- Facilitate training program's for junior staff on best practice in financial analysis, improving team performance and knowledge
- Managed crisis situations, mitigating risk and maintaining business continuity during challenging periods.
Senior Manager - Product Control
Natwest Markets
10.2013 - 05.2014
- Managed a team of four, handling accounting and financial reporting for Asia-Pacific commercial lending business.
- Persistently reviewed performance of existing control systems
- Efficiently manage team activities and performance
Assistant Manager
GENPACT & HSBC HDPI
02.2005 - 10.2013
- Led control assurance team for product control
- Product controller managing Equities and Rates desk
- Executed Record to Report operational controls for GE Money Americas PLCC business
Education
Postgraduate Certification - Valuation And Risk
Middlesex University
London01-2017
MBA - Accounting And Finance
AIMA-CME
New Delhi01-2005
Bachelor of Commerce (Hons) - Accounting And Taxation
Delhi University
New Delhi01-2000
Skills
- Team Leadership
- Relationship Building
- Decision-Making
- Critical Thinking
- Project Management
- Change and Transformation
- Risk Management
- Strategic Planning
Timeline
VP Operations - Trade Conduct and Finance Control
HSBC Electronic Data Processing
12.2019 - Current
AVP - Accounting Control
HSBC
05.2014 - 11.2019
Senior Manager - Product Control
Natwest Markets
10.2013 - 05.2014
Assistant Manager
GENPACT & HSBC HDPI
02.2005 - 10.2013
Postgraduate Certification - Valuation And Risk
Middlesex University
MBA - Accounting And Finance
AIMA-CME
Bachelor of Commerce (Hons) - Accounting And Taxation
Delhi University
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