Darshan Chauhan
Mumbai
Summary
Finance professional with 3+ years of experience in banking, specializing in financial reporting, reconciliations, and risk management. Skilled in data analytics (Excel, SQL, R Studio) and regulatory reporting (IND-AS, IGAP, IFRS). Hands-on experience in the development and implementation of OFSAA (Oracle Financial Services Analytical Applications) and AXIOM-based NPA Tracker systems, improving compliance, reporting accuracy, and automation. Proven track record of optimizing loan portfolio health, reducing risk exposures, and collaborating with cross-functional teams for NPA resolution. Currently seeking opportunities in investment banking, corporate finance, or financial analysis.
Overview
7
7
years of professional experience
Work History
Manager – Impaired Loans & Accounting Group (ILAG)
ICICI Bank
03.2022 - Current
- Prepared and submitted IND-AS compliant NPA schedules to regulators, reconciling differences between IGAP and IND-AS provisions in line with RBI guidelines.
- Assisted in preparation and review of financial/regulatory reports aligned with IFRS requirements (ECL provisioning under IFRS 9, fair value under IFRS 13, lease accounting under IFRS 16).
- Worked on Expected Credit Loss (ECL) models and classification of financial instruments (Amortised Cost, FVOCI, FVTPL) as per IFRS 9.
- Ensured compliance with RBI guidelines harmonized with IFRS principles in regulatory submissions.
- Analyzed credit risk data and its impact on impairment reporting.
- Partnered with technology teams to automate IFRS/IND-AS reporting templates within OFSAA & OBIEE, ensuring accurate GL mapping and reporting categories.
- Led development and implementation of OFSAA for risk and compliance reporting.
- Spearheaded testing and rollout of the new AXIOM-based NPA Tracker, improving accuracy and timeliness of submissions.
- Conducted User Acceptance Testing (UAT) for new loan monitoring systems, enhancing reporting efficiency.
- Automated data reporting processes using SQL & Excel macros, reducing manual effort by 30%.
- Partnered with auditors and regulators to ensure timely submission of financial reports.
- Managed impaired loan portfolio worth ₹500+ crore, reducing NPAs by 15% through recovery initiatives.
- Handled reconciliation of books exceeding ₹15,000 crore, ensuring accuracy and compliance.
- Collaborated with legal, credit risk, and recovery teams to strengthen portfolio health and mitigate losses.
Intern
M. Jigar & Co.
08.2018 - 04.2019
- Assisted in financial analysis and market research for investment decisions.
- Supported equity and debt market studies, enhancing financial instruments knowledge.
- Prepared reports to support investment strategies and portfolio evaluations.
Education
PGPM - Finance
ICFAI Business School
01.2022
Merchant Banking Certification - undefined
NISM
01.2022
Bachelors - Management Studies (Finance)
Lala Lajpatrai College
01.2018
Skills
- Finance: Financial Modeling, Valuation, Regulatory Reporting (IGAP, IND-AS, IFRS), Risk Management, Reconciliations
- Technical: Microsoft Excel (Advanced Functions, Pivot, Macros), SQL, R Studio, Data Analytics
- Banking: NPA Resolution, Loan Portfolio Management, Process Optimization, Audit & Compliance
Websites
Timeline
Manager – Impaired Loans & Accounting Group (ILAG)
ICICI Bank
03.2022 - Current
Intern
M. Jigar & Co.
08.2018 - 04.2019
Merchant Banking Certification - undefined
NISM
Bachelors - Management Studies (Finance)
Lala Lajpatrai College
PGPM - Finance
ICFAI Business School