Ruhi Singhania
Mumbai
Summary
Detail-oriented professional with experience in expense management and data analysis. Proven track record in cost optimisation , enhancing financial efficiency,
and supporting compliance initiatives. Collaborative team player adept at
achieving organisational goals and enhancing profitability
Overview
8
8
years of professional experience
1
1
Certification
Work History
AVP, Chief Business Office
Citigroup (Citicorp Services India Pvt. Ltd)
01.2022 - Current
- Conducted analysis on brokerage expenses and identified the most cost-effective brokers, platforms, and exchanges to reduce costs
- Increased BGC fixed fee contract usage by 10%, resulting in a $2M cost reduction
- Successfully delivered cost optimization for Bloomberg and Tradeweb subscriptions, leading to a savings of $4M
- Analyzed existing relationships to discover cost-cutting prospects with key vendors based on competitive cost analysis
- Achieved significant cost savings of $2M by negotiating favorable Bond point/TMC prices with ICE management for Spread products
- Negotiated with ICAP, BGC, and Tradition resulting in a $1.5M savings
- Achieved cost reductions of $1M by determining optimal pricing strategy based on impact analysis of 20 highest-spending traders
- Decreased operational costs through a 90% reduction in Futures' third-party brokers' activity, based on lots traded
- Organized a monthly transactional and market data expense forum to align goals and implement best practices among the business execution teams
- Effectively reduced terminal costs of $6.4M by overseeing approval processes, identifying underutilized users, implementing procedural enhancements, and suggesting viable alternatives
- Contributed towards meeting hiring goals and adhering to headcount budget set by management.
Associate Process Manager
Eclerx Services LTD
01.2017 - 01.2022
- Analyzed Citi's performance reports, ranking trends vs
- Competitors by coordinating with different businesses
- Managed the creation and upkeep of Data Analytics Catalog
- Scheduled and coordinated data analytics podcast events in collaboration with cross-functional teams
- Performed affirmations and pricing of receivables for unpriced trades, obtained approvals for payables, and facilitated settlement of trades on Atlantis
- Ensured smooth settlement through proactive collaboration with onshore client and counterparties in resolving breaks
- Set up Instruments/Accounts/Exchange Fees/Commissions in the client's internal system to align with exchange requirements
- Maintained up-to-date margin rates and interest rates in clients' internal system on a daily basis.
Education
PGPM - Finance
ICFAI BUSINESS SCHOOL
Mumbai, Maharashtra05.2017
Bachelor In Commerce (Hons) -
DELHI UNIVERSITY (MAHARAJA AGRASEN COLLEGE)
New Delhi, Delhi05.2014
Skills
- Expense Management
- Cost Optimization
- Vendor Relations
- Data Analysis
- Project Management
- Stakeholder Management
- Brokerage Cost and Expenses
- Vendor Negotiation
- Atlantis
- Docs
- Jira
Certification
- Power BI Data Analyst Associate - Microsoft
- Google Analytics Individual Qualification (IQ) - Google
- Microsoft Office Specialist, Excel Associate - Microsoft
Timeline
AVP, Chief Business Office
Citigroup (Citicorp Services India Pvt. Ltd)
01.2022 - Current
Associate Process Manager
Eclerx Services LTD
01.2017 - 01.2022
PGPM - Finance
ICFAI BUSINESS SCHOOL
Bachelor In Commerce (Hons) -
DELHI UNIVERSITY (MAHARAJA AGRASEN COLLEGE)
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