Shawet Singla
Chartered Accountant (AIR 41)
Greater Noida
Summary
Performance-driven Assistant Vice President with over 12 years of expertise in liquidity design, risk management, and financial reporting. Results-oriented financial professional poised for leadership, with a proven track record in managing financial operations and spearheading strategic initiatives. Renowned for cultivating a collaborative team environment while consistently delivering impactful results. Demonstrates exceptional adaptability in dynamic settings, ensuring alignment with organizational goals and driving sustained growth.
Overview
12
12
years of professional experience
Work History
AVP
Liquidity Design Lead
07.2023 - Current
- Solution Architecture & Data Design: Lead the end-to-end requirement change by translating complex business requirements into technical SQL designs and robust data architectures, ensuring seamless integration between finance needs and system builds.
- Strategic Project Execution: Spearheaded high-impact 'Special Assignments,' including RWA and RAF data onboarding, SFT netting, and prime brokerage workstreams, navigating complex regulatory and functional logic.
- Cross-functional coordination acts as a central liaison between FINOPS, Build, Validation, and Reference Data teams, ensuring technical solutions align with operational realities and regulatory standards.
- JIRA Governance and Quality Assurance: Manage the full Jira lifecycle, overseeing sprint testing and defect handling, while implementing strict governance for ETL updates and design documentation.
- Release and Resource Management: Direct release functions by performing scope analysis, work allocation, and timeline management to ensure on-time delivery of critical system enhancements.
- Risk & Liquidity Subject Matter Expertise: Apply deep domain knowledge in credit, market, and liquidity risk to troubleshoot coding defects and optimize liquidity design solutions.
Manager
HSBC Singapore & India
05.2020 - 06.2023
- Financial Control & Systems Management: Lead end-to-end management of P&L and Balance Sheet activities, ensuring accurate booking of accruals and provisions within HUB and Fusion systems, while maintaining strict internal controls.
- Regulatory & Financial Expertise: Oversee complex credit disclosures and regulatory reporting, including IFRS 9, FINREP, GSIB, and HKMA, with a specific focus on Credit disclosures.
- Strategic Reporting & Commentary: Deliver high-level P&L analysis and strategic commentary to the CEO, CFO, and Regional Group, providing insights on NIM, Average BS, and asset quality (L&A, LTV, CRE).
- Operational Excellence: Accountable for meeting rigorous SLA timelines for all monthly and quarterly submissions, ensuring 'zero-defect' reporting through the development of robust process controls.
- Strategic Change & Automation: Drive digital transformation by supporting automation initiatives, conducting UAT/dry runs for new reporting requirements, and managing group-initiated change requests.
- Stakeholder & Audit Management: Collaborate with senior leadership on long-term strategic goals, while serving as the primary lead for Audit and Assurance activities to ensure full regulatory compliance.
Assistant Manager
HSBC Sri Lanka & Maldives
12.2016 - 05.2020
- Multi-Framework Financial Reporting: Direct the end-to-end preparation of P&L, Balance Sheets, and Supplementary Schedules, ensuring 100% compliance with IFRS, FINREP, HKMA, GSIB, and BS21 standards on a monthly and quarterly basis.
- Data Integrity & Assurance: Lead the consolidation of complex manual returns, including Off-Balance Sheet Surveys and Value Adjustment (VA) tools, implementing rigorous assurance checks to eliminate reporting discrepancies.
- Operational Resource Optimization: Engineered a scalable staffing and scheduling model for peak reporting cycles, improving team productivity, and ensuring 100% deadline adherence during high-pressure periods.
- Strategic MIS and Decision Support: Deliver high-impact Management Information Systems (MIS) reporting and ad-hoc trackers, providing senior leadership with real-time data visibility for strategic decision-making.
Assistant Manager
Genpact Headstrong Services Ltd
10.2013 - 12.2016
- Revenue Lifecycle & US GAAP Compliance: Lead end-to-end Order-to-Cash (O2C) and revenue recognition for Operating, Intercompany, and Travel streams in strict accordance with US GAAP, ensuring precise management of Unbilled, Unearned, and Deferred revenue.
- Revenue Integrity & Risk Mitigation: Spearhead month-end closing and account reconciliations, implementing robust internal controls and best practices to proactively identify and eliminate revenue leakage and financial risk.
- Audit Governance & Performance Analytics: Direct the seamless execution of internal, statutory, and SOX audits, while delivering advanced MIS dashboards and open SOW reports to provide senior leadership with transparent financial visibility.
Manager
HSBC Singapore & India
05.2020 - 06.2023
- Financial Control & Systems Management: Lead end-to-end management of P&L and Balance Sheet activities, ensuring accurate booking of accruals and provisions within HUB and Fusion systems, while maintaining strict internal controls.
- Regulatory & Financial Expertise: Oversee complex credit disclosures and regulatory reporting, including IFRS 9, FINREP, GSIB, and HKMA, with a specific focus on Credit disclosures.
- Strategic Reporting & Commentary: Deliver high-level P&L analysis and strategic commentary to the CEO, CFO, and Regional Group, providing insights on NIM, Average BS, and asset quality (L&A, LTV, CRE).
- Operational Excellence: Accountable for meeting rigorous SLA timelines for all monthly and quarterly submissions, ensuring 'zero-defect' reporting through the development of robust process controls.
- Strategic Change & Automation: Drive digital transformation by supporting automation initiatives, conducting UAT/dry runs for new reporting requirements, and managing group-initiated change requests.
- Stakeholder & Audit Management: Collaborate with senior leadership on long-term strategic goals, while serving as the primary lead for Audit and Assurance activities to ensure full regulatory compliance.
Education
FRM Level 2 - Risk Management
Financial Risk Management
GARP US 04.2001 -
IFRS Diploma Certification - Financial Reporting
EY
Gurugram 01.2020 - 06.2020
ACCA IFRS Certification - Financial Reporting
IFRS Diploma
Gurugram 06.2016 - 08.2016
Chartered Accountant -
ICAI
Delhi 07.2009 - 05.2013
B. Com -
K.U.K University
Haryana 01.2006 - 01.2009
Skills
Strategic planning
Staff training/development
Problem-solving
Financial management
Data analytics
Cross-functional communication
Relationship building
Process improvements
Accomplishments
- Strategic Data Onboarding: Directed high-impact data onboarding for RWA, RAF, Prime Brokerage, Maturity Extension etc
- Team Trainings Provided technical and functional Training to team members
- System Migration Leadership: Handled high-stakes migration from HUB to Fusion and led the Oracle R12 transition for O2C modules.
- Process Simplification & Automation: Re-engineered complex L&A, CE, FINREP,Maturity, and Off-BS reporting workstreams to achieve global standardization and significant time savings.
Timeline
AVP
Liquidity Design Lead
07.2023 - Current
Manager
HSBC Singapore & India
05.2020 - 06.2023
Manager
HSBC Singapore & India
05.2020 - 06.2023
IFRS Diploma Certification - Financial Reporting
EY
01.2020 - 06.2020
Assistant Manager
HSBC Sri Lanka & Maldives
12.2016 - 05.2020
ACCA IFRS Certification - Financial Reporting
IFRS Diploma
06.2016 - 08.2016
Assistant Manager
Genpact Headstrong Services Ltd
10.2013 - 12.2016
Chartered Accountant -
ICAI
07.2009 - 05.2013
B. Com -
K.U.K University
01.2006 - 01.2009
FRM Level 2 - Risk Management
Financial Risk Management
04.2001 -