Om Joshi
Summary
Highly accomplished finance executive with 18+ years of experience in the financial services industry, specializing in regulatory reporting, IFRS implementation, business transformation, and project management within HSBC. Proven ability to lead complex projects, manage stakeholders, and deliver successful outcomes in demanding regulatory environments. Possesses a strong understanding of financial regulations, including experience with IFRS 9, IFRS 16, and stress testing. Adept at policy analysis and interpretation, with a developing expertise in Regulatory Reporting and their impact on regulatory capital, reporting, and disclosure. Seeking to leverage my experience and qualifications (MBA in Finance, CIMA Advanced Diploma, ACCA Diploma in International Financial Reporting, and ESG Corporate Finance certification) to contribute to the organization’s ambitious Regulatory Reporting goals. Demonstrated success in leading global IFRS implementations, managing regulatory change, and driving process improvements, including a Six Sigma Green Belt certified project with a favourable P&L impact.
Overview
23
23
years of professional experience
1
1
Certification
Work History
Assistant Vice President - Treasury Transformation
HSBC
03.2021 - Current
- Lead regulatory project initiatives related to IRRBB reporting, capital impact assessment, and disclosure requirements.
- Provide technical regulatory support and guidance to business functions, ensuring compliance with evolving Treasury regulatory frameworks.
- Track and interpret Treasury related policy developments, offering strategic recommendations to senior stakeholders.
- Develop and implement governance structures to mitigate regulatory risks associated with Treasury initiatives.
- Collaborate with global teams to draft HSBC's response to emerging regulations and proposed policy changes.
Lead Business Analyst
HSBC
06.2019 - 02.2021
- Conducted regulatory impact assessments on valuation methodologies and capital requirements.
- Advised on regulatory requirements for liquidity and capital adequacy planning.
- Supported internal and external regulatory reporting initiatives, ensuring compliance with Basel III and IFRS standards.
- Track new policy developments and formulate interpretations of the same and providing detailed guidance for discussion with wider stakeholders.
- Provide technical support on the implementation of new regulatory requirements to functions, businesses with local and global regulations.
Global Owner - IFRS Implementation
HSBC
05.2015 - 06.2019
- Track new policy developments and formulate interpretations of the same and providing detailed guidance for discussion with wider stakeholders.
- Implementation of IFRS 9, IFRS 16 and NACE implementation in Group Reporting Chart of Accounts and Group Reporting Chart of Accounts.
- Open dialogues with GRPA for implementation in span of IFRS 9 and IFRS 16.
- .Understanding the requirement from stakeholders in various regions and align the requirement with global reporting requirements.
- Provide technical support on the implementation of new regulatory requirements to functions, businesses with local and global regulations.
Process Owner- Accounting to Reporting
Genpact
01.2011 - 05.2015
- Organized monthly controllership/governance calls for team's performance with US leadership to keep check on performance and issues faced during the month
- Part of monthly call with client related to P&L/Balance sheet unusual items, Accounts Payable Variance Analysis, Other Receivables Variance Analysis, and External Audit Fee Reporting
- Having weekly Quality Conference Call with the Customer in Genpact to ensure the SLA deliveries and discussing different queries raised by the team members
- Six Sigma Green Belt certified Re-engineering methodology project on Favorable P&L impact
- Ensuring team members achieve agreed standards in relation to their job assignments
- To ensure timely hiring of new FTEs for entire East
- Review of all the Month close JE's and Balance sheet Account reconciliations completed by the team for the prior month
- Cross trainings within the regions for robust back-up plans
- Currently handling team with 4 levels of DRs including Assistant Manager, MTs, PDs and PAs
- Ensure training of new staff on the corporate policy rules to be adhered to
- Conducting one-on-ones with team members
Associate Manager - Financial Analyses
Aggarwal Vikram & Associates
12.2005 - 01.2011
- Closure of books and preparation of Financial Statements on monthly, quarterly, and annual basis for Northern Telecom Region of BSNL
- Assist in the closure of Monthly, Quarterly and Annual financial statements
- This includes analysing books of accounts at each closing cycle, preparing and suggesting any month-end closure adjustments i.e
- Booking of accruals, prepayments, depreciation, deferred incomes, allocation/recharge and correction of cost
- Assist in the Statutory & Internal audit of the Books of Accounts for Northern Telecom Region, BSNL
- Preparation of reports and reconciliations for the submission to Department Of Telecom
- Work closely with Budgeting and Forecasting team to finalize quarterly and annual forecasts
- Preparation of the Management Reporting Dashboard (MIS) which includes Statement of Income, B/Sheet and Cash Flow Statement along with other analysis
- Preparation of Variance Analysis Reports for Financial Statements & providing detailed narratives by comparing the numbers with Forecast and with previous month figures
Area Office - Two-Wheeler and Consumer Durable Loans
Ashok Leyland Finance Ltd
04.2002 - 04.2004
- Determining the creditworthiness of the loan applicants
- Appraising proposals & scrutinizing relevant documents / reports before sanctioning / disbursing loans/ credits, ensuring compliance with organizational credit policies
- Formulating effective debt collection mechanisms and coordinating with collection agents for ensuring timely receipt of money from clients & recovery of bad debts
- Tapping 'High-Potential Market Segments' to promote the company's financial services
Education
Master of Business Administration (M.B.A.) - Accounting and Finance
ITM Group of Institutions
B. Com (Hons.) - undefined
Sri Guru Gobind Singh College of Commerce
Skills
- Regulatory Knowledge
- Regulatory Compliance
- Risk Management
- IFRS
- Data Collection & Analysis
- Saracen
- FTP GL
- Data Visualization
- Stakeholder Engagement
- Audit and Documentation
- Regulatory Knowledge (IFRS, BASEL),
- Regulatory Compliance
- Policy Analysis & Interpretation
- Change Management
- SQL
Certification
- Six Sigma - Green Belt
- CIMA - Advance Diploma in Management Accounting
- Corporate Finance: Environmental, Social, and Governance (ESG)
- Monte Carlo Analysis
- ACCA - Diploma in International Financial Reporting
Timeline
Assistant Vice President - Treasury Transformation
HSBC
03.2021 - Current
Lead Business Analyst
HSBC
06.2019 - 02.2021
Global Owner - IFRS Implementation
HSBC
05.2015 - 06.2019
Process Owner- Accounting to Reporting
Genpact
01.2011 - 05.2015
Associate Manager - Financial Analyses
Aggarwal Vikram & Associates
12.2005 - 01.2011
Area Office - Two-Wheeler and Consumer Durable Loans
Ashok Leyland Finance Ltd
04.2002 - 04.2004
B. Com (Hons.) - undefined
Sri Guru Gobind Singh College of Commerce
Master of Business Administration (M.B.A.) - Accounting and Finance
ITM Group of Institutions
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