Gurjeet Singh

• Part of the Finance team, the primary task is preparing and reporting the Daily Profit and Loss of various sub-desks in the Global Equity Derivatives AMER business, which is a part of the Investment Bank division of the bank.
• Dealing with various types of instruments, such as loans, bonds, equities, and options.
• Engaged in day-to-day activities with respect to the preparation of daily trade to mark P&L (Day 1 P&L), MTM P&L, and other revenue and expense P&L from various attributes for our sub-desks, providing commentary on P&L on flash vs. actual P&L.
• Communicating daily P&L and variance to the trading desk, addressing desks ad hoc queries, and taking sign-off on the P&L from traders for each sub-desk.
• To ensure that relevant P&L, trade bookings, and balance sheet positions are correctly reported, and that applicable internal controls and reconciliations have been performed.
• Posting general entries to correct the ledger, and also entries for accrual/amortization based on P&L, so that correct numbers flow to the balance sheet.
• Engaging with the trading desks and middle office, if any unusual trades are found in the system, and documenting that with effective commentaries across the various portals in the bank.
• Involvement in training new team members, as well as knowledge sharing within the team.

• Market Risk BAU Process.

Generate daily market risk reports for various products, such as bonds (IG & HY), CDS, equity, FX, and repos, for the Global Credit Product business within the Non-Core Legacy division of the bank.

Validating the daily changes in VAR and sensitivities metrics, providing top-down analysis of risk moves, indicating the main drivers for the VAR. Monitor risk limits, prepare and escalate to senior management. Work closely with market risk managers to resolve data quality issues, improving the accuracy and efficiency of reporting.

• Economic Risk Capital Process.

Responsible for understanding market data inputs, trade attributes, and market risk sensitivities to analyze ERC movements on a monthly basis for different models. Working on banks' different ERC models, such as Risk Not in VAR, Buffers, Pension, and DECB, and reporting ERC numbers for different bank divisions, namely Asset Management, Investment Banking, Capital Release Unit, Wealth Management, and Swiss Bank.

Seeking sign-off from the Risk Divisional Head and Market Risk Managers for all risk divisions.

• Market Risk BAU Process.

Generate daily market risk reports for various products, such as bonds (IG & HY), CDS, equity, FX, and repos, for the Global Credit Product business within the Non-Core Legacy division of the bank.

Validating the daily changes in VAR and sensitivities metrics, providing top-down analysis of risk moves, indicating the main drivers for the VAR. Monitor risk limits, prepare and escalate to senior management. Work closely with market risk managers to resolve data quality issues, improving the accuracy and efficiency of reporting.

• Economic Risk Capital Process.

Responsible for understanding market data inputs, trade attributes, and market risk sensitivities to analyze ERC movements on a monthly basis for different models. Working on banks' different ERC models, such as Risk Not in VAR, Buffers, Pension, and DECB, and reporting ERC numbers for different bank divisions, namely Asset Management, Investment Banking, Capital Release Unit, Wealth Management, and Swiss Bank.

Seeking sign-off from the Risk Divisional Head and Market Risk Managers for all risk divisions.

Worked on handling requirement gathering, business analysis, functional testing, and user documentation, specifically focusing on the trade life cycle of different products. This includes managing change activities, providing training and communication, and coordinating with clients for change requests. Additionally, conduct through testing, perform FRD analysis, and incorporate new developments in the Fund Industry into Multifonds software, with expertise in areas like Net Asset Value calculation, derivatives, bonds, equity, portfolio accounting and corporate action processing for various Tier I banks and Asset management funds across the globe.