Shabri Mayekar
Mira Road
Summary
Dynamic financial risk management professional with extensive experience at KPMG, specializing in regulatory compliance and risk assessment. Proven track record in developing ICAAP frameworks and enhancing client relationships. Adept in data analysis and effective communication, driving impactful results in high-pressure environments. Multilingual with strong multitasking abilities.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Assistant Manager- Financial Risk Management
KPMG Assurance and Consulting Services
04.2022 - Current
- Worked with several large Banks, NBFCs and leading financial institutions across the India, and Middle East. The key engagements are summarized as below:
- Implementation and review of ICAAP policy and framework for Banks and NBFCs in India and Middle East. Implementation involved development of ICAAP policy, governance, material risk identification, risk assessment methodology & models, stress testing methodology & model and development of ICAAP report in line with the SBR regulations issued by the Central Bank.
- Assisted in the review and development of the Expected Credit Loss (ECL) model for a Saudi-based housing company, focusing on model structure, assumptions validation, and alignment with IFRS 9 standards to enhance credit risk measurement and provisioning accuracy.
- Advisory services for post-implementation audit of revised investment guidelines for a large public sector bank in India.
- Contributed to the development of a comprehensive Recovery Plan for an Egypt-based bank under stringent deadlines, encompassing the design of stress scenarios across short- and long-term horizons to evaluate threats to financial and operational stability. Assessed both quantitative and qualitative impacts of recovery options, and developed an Enterprise-wide Risk Management Framework aligned with regulatory expectations and institutional objectives.
- Assisted in the development of a Bank-wide Risk Appetite Statement (RAS) for a Saudi-based investment bank (onsite), by aligning the existing framework with the bank’s updated strategy, reviewing regulatory (SAMA) and internal audit observations to identify gaps, conducting back-testing of current RAS parameters using historical data, performing peer benchmarking across regional banks, and identifying key material risks through diagnostic analysis.
- Assisted in the implementation of a Gap Assessment and Risk Remediation Framework for a Saudi-based investment bank (onsite), which involved interpreting relevant SAMA and Basel guidelines, finalizing a comprehensive compendium across risk areas (IRRBB, credit, market risk), creating stakeholder-ready documentation, conducting regulatory alignment meetings, identifying gaps in the existing risk framework, and recommending remediation strategies with corresponding impact analysis.
Deputy Manager Treasury Mid-Office (MM & Investments Desk)
HDFC Bank Ltd.
02.2020 - 04.2022
- 1) Regulatory reporting.
- Preparing and analyzing various regulatory limit monitoring reports such as CRR-SLR, LCR, Prudential Limits, 90 Day holding period for HFT portfolio, Interbank liabilities, Short sale limit, When Issued Limit etc
- Submission of PDR II, Annexure B and BLR returns Monitor T-bill and G-sec auction held by RBI.
- Monitoring the regulatory and internal ALCO approved limit for HTM sale.
- Monitoring the prudential guidelines on cross holding (Tier 1 and Tier 2 reporting).
- Preparation and analysis of investment portfolio data for quarter-end submissions such as RBS, regulatory requirements, internal reviews.
- 2) Risk Monitoring and Supervision
- Perform rate scan process for the below mentioned investment products:
- SLR-NDS OM-( CCIL)
- SLR-OTC
- Non SLR outright bonds-India
- Non SLR outright bonds-Overseas
- Checking of borrowing and lending limits for overseas branches of the bank.
- Preparing and analyzing risk monitoring reports such as VaR, PV01, Modified Duration, SLTL, VaR back-testing etc for equity portfolio of bank and publishing to respective departments on daily basis.
- Ensure compliance under approved methodologies, limits and guidelines.
- Coordinate with various departments responsible for managing activities in the areas of Market Risk, Finance, and Compliance.
- Provide data as per ad-hoc requirements to senior management and other departments.
- Performing UAT for Treasury system implementation.
- Basis knowledge of Forex and Derivatives products.
- Knowledge of RBI/FEDAI /FIMMDA guidelines, FX and Money Market.
Junior Officer Treasury Mid-Office
Lakshmi Vilas Bank Ltd.
05.2017 - 02.2020
- 1) Monitoring of Mid-Office limits
- Measure, monitor and report market risk inherent in any investment or trading position portfolio of the Bank as per Market Risk Management policy.
- Monitoring Board and ALCO approved risk limits on daily basis for Forex and Domestic desk (NOOP, GAP, VAR, Modified Duration, PVO1) Valuation of SLR and Non SLR bonds.
- Monitoring Inter-bank Counterparty Exposure limits relating to FX, Money Market and Derivatives. Set up and maintain limits in the system and monitor utilization of these limits against the approved limits.
- Perform rate scan activity for Interbank and Merchant deals and report the deviations if any to the top management.
- 2) MIS Reporting, Regulatory Return submission
- Timely submission of RBI returns (Liquidity returns, BLR, Overseas Borrowing, Trade credit) on monthly and quarterly basis to the Head office.
- Timely submission of Daily reports and MIS (Forex and Money Market) to the CRO.
- Timely submission of periodic Notes to ALCO and Board.
- 3) Market Knowledge
- Knowledge of RBI/FEDAI /FIMMDA guidelines, FX and Money Market.
- Adherence to the internal & regulatory compliances and periodically getting updated to regulatory changes and keeping management informed.
- Basic understanding of derivatives market.
- Basic understanding of Domestic Risk & Back Office Operations.
- Development and maintenance of close working relationship with banks independent risk management, finance, operations, and technology teams.
- 4) Projects Handled
- Team member in successful implementation of New Treasury Software Intellect.
- Automation of various SWIFT message generation.
- Participated in preparation of process note for NOOP (regulatory limit) to the ALCO committee.
Assistant Manager Back-Office
Almus Risk Consulting LLP
09.2014 - 03.2017
- 1) Risk Advisory, Consulting, MIS and Reporting
- Over 2 years of exposure in Forex Outsourcing, Treasury & Risk Management. MIS Reports.
- Consulting and advising import/export clients by giving brief FX views and managing their portfolio.
- Assisting Mid office in managing Risks of clients.
- Responsible for confirming all transactions effected by the front office to the banks in a timely manner.
- Assisted in framing Risk management policies for corporate clients.
- Making MIS Reports and Hedge Analysis based on the client import and export exposure.
- Responsible for maintaining and managing client relationships with respect to their exposure MIS.
- Preparing research reports under the guidance of Research Head.
- Generating and analyzing various back office MIS Reports for internal as well as external stakeholders
- Responsible for compiling the P & L of the treasury and reporting the same to the client.
Education
Certification Programme in Financial Risk Management -
IIM Vishakhapatnam
08-2024
MBA - Finance
NL Dalmia Institute of Management
Mumbai01.2019
M.Com - Management
M.L. Dahanukar College of Commerce
01.2016
B. Com - Accountancy and Finance
M.L. Dahanukar College of Commerce
01.2014
H.S.C. -
Royal College of Arts Science and Commerce
01.2011
S.S.C. -
Sardar Vallabhbhai Patel Vidyalaya
01.2009
Skills
- Risk Advisory and Financial risk management
- Governance and regulatory readiness (India and Middle East)
- ICAAP implementation and review
- Risk assessment
- Market Risk
- Treasury
- Regulatory reporting
- Software: Good exposure in MS Excel, Word and Power Point
- Languages: English, Marathi, Hindi & French
- Communications: Good verbal & written communication and presentation skills
- Client relationship management
- Multitasking Abilities
- Public speaking
Certification
- NCFM Modules Covered from Mumbai
- Currency Derivatives (Dealer’s) Module
- Derivatives Market (Dealer’s) Module
Hobbies and Interests
Hobbies: Reading, Watching Informative channel.
Disclaimer
I hereby declare that all the statements made in the above are true and correct to the best of my knowledge and belief. Place: Mumbai Shabri Mayekar
PROFILE SUMMARY
- KPMG Assurance and Consulting Services
- Assistant Manager- Financial Risk Management
- April 22 to Present
Languages
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Marathi
Advanced (C1)
C1
French
Elementary (A2)
A2
Timeline
Assistant Manager- Financial Risk Management
KPMG Assurance and Consulting Services
04.2022 - Current
Deputy Manager Treasury Mid-Office (MM & Investments Desk)
HDFC Bank Ltd.
02.2020 - 04.2022
Junior Officer Treasury Mid-Office
Lakshmi Vilas Bank Ltd.
05.2017 - 02.2020
Assistant Manager Back-Office
Almus Risk Consulting LLP
09.2014 - 03.2017
Certification Programme in Financial Risk Management -
IIM Vishakhapatnam
MBA - Finance
NL Dalmia Institute of Management
M.Com - Management
M.L. Dahanukar College of Commerce
B. Com - Accountancy and Finance
M.L. Dahanukar College of Commerce
H.S.C. -
Royal College of Arts Science and Commerce
S.S.C. -
Sardar Vallabhbhai Patel Vidyalaya
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