PALAK MAKADIA
Summary
Experienced Basel Management and Capital Adequacy Controller with over 2 years of expertise in regulatory capital management, financial risk analysis, and compliance reporting. Proficient in Basel III/IV regulations, including RWA (Risk-Weighted Assets) calculations. Adept at conducting stress testing, scenario analysis, and capital adequacy assessments to ensure compliance with local and global regulatory standards. Demonstrated ability to provide accurate and timely reporting to senior management, regulatory bodies, and auditors.
Overview
6
6
years of professional experience
Work History
Exempt Non Officer
Credit Suisse Services (India) Private Limited
12.2022 - Current
- Responsible for RWA calculations and exposure validations for all products, as per the BCBS framework and regulatory guidelines.
- As a part of the Basel Management and Reporting team, ensuring that the rules in the system are properly set up for the calculations of credit risk and counterparty credit risk.
- Successfully implemented the Basel III revised changes and Basel IV, and conducted parallel end-to-end testing for impact analysis.
- Worked with cross-functional teams on policy interpretation between UBS and Credit Suisse regarding credit risk.
- Handled the securitization of loans for the IB side, and calculated the RWA benefit from securitization and hedging from products like CDS, insurance, and financial collateral.
- Managed the preparation of Expected Loss Buffer and Banking Book Equities Buffer calculations.
- Conducted DET and OET in accordance with SOX compliance standards, and was also actively involved in User Acceptance Testing (UAT) projects.
- Utilized advanced financial models to simulate various macroeconomic scenarios (e.g., market shocks, credit downturns) to evaluate potential vulnerabilities in the bank's capital structure.
Senior Officer
Housing Development Finance Corporation Limited
05.2019 - 12.2022
- Assessed borrower creditworthiness through comprehensive review of financial documents.
- Determined credit limits and terms using risk assessments.
- Engaged with loan officers, underwriters, and stakeholders to collect pertinent details.
- Ensure compliance with regulatory standards in credit evaluations.
- Implement proactive measures to mitigate risks.
- Guide loan officers on credit decisions and loan structuring.
- Developed and implemented credit policies to streamline lending operations.
- Formulated and enhanced credit strategies aligned with business targets.
Education
Master of Business Administration - Marketing Management
Sardar Patel University
01.2019
Bachelor of Engineering - Computer Science and Engineering
Gujarat Technological University
01.2016
Skills
- Compliance Management
- Risk Weighted Assets
- Stress Testing
- Basel III
- Strong Interpersonal Skills
- Analytical Skills
- MS Office Suite Proficiency
Timeline
Exempt Non Officer
Credit Suisse Services (India) Private Limited
12.2022 - Current
Senior Officer
Housing Development Finance Corporation Limited
05.2019 - 12.2022
Master of Business Administration - Marketing Management
Sardar Patel University
Bachelor of Engineering - Computer Science and Engineering
Gujarat Technological University
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