SUBHASHREE RATH

• Ensure appropriate controls and reviews are maintained, and timely lockdown of Daily and Monthly P&L.
• Conducted thorough reviews of the balance sheet with proper substantiation, identifying potential financial exposure.
• Responsible for BIS and NII reporting.
• Established the process of AvF (Comparison of P&L vs. Ledger) for the entire FX business. Designed the process for managing net open exposure for the entire macro desk.
• Collaborated with the CFO and COO teams to address and resolve discrepancies between actual and estimated figures for the GCNA region with the FX team.
• Led the automation of the P&L reporting process for the FX team, reducing manual intervention, and enhancing overall effectiveness by moving from Excel-based methods to an application based system.
• Contributed to key projects, such as assessing FX impacts and ARIS (standardization of all SOPs for the Product Control team).

• Review and analysis of daily P&L for all global markets (GM) asset classes, including Forex, Forex derivatives, interest rate derivatives, fixed income, money market, and other structured products, with a strong understanding of valuation principles of GM products.
• Computation and accounting of various fair value adjustments, including credit/debit value adjustments, OIS/IBOR valuation adjustments, IPV calculation, fair value leveling, and balance sheet substantiation.
• Assist in independent monitoring of different GM benchmarks. Review and validation of end-of-day market data to be uploaded in various GM systems for EOD valuation, stale price checks, along with building controls around the data sources.
• Part of the LIBOR demise and various product and valuation control transformation projects. Coordinate with the Front Office in new product booking and strategy formation.
• Acting as the point of contact for all regulatory, group, and local reporting to the audit team, including the RBI. Review of group policy.

• Looking over the month-end activity to ensure the production of correct PnL and risk for the EQD APAC trading desk, reconciliation of the accounting data to the front office, and review of daily reconciliation for material and aged breaks.
• The role also includes representing the Middle Office Product Control in various bank-wide projects and coordinating the changes and post-release production and management while working with the Global Change Team.
• Projects include the launch of different OTC/EQD products in the Korea market-making business, and the implementation and migration of back offices.

• Production and review of daily P&L and risk reporting for the fixed income portfolio supporting the Rates EMEA desk. Validation and substantiation of P&L and attributed P&L (Greek attributions) between the Risk and reporting system, investigation, adjustment, and reporting of unusual or significant numbers to the front office.
• Performing risk-based P&L analysis and commentary, movements in curves, and price changes at both the desk level and trader level at the end of the day.
• Weekly and monthly movement in PnL and balance sheet reporting to senior management, providing commentary for the key drivers of the business.
• Investigate actual vs. implied cash breaks post-RAM to clear the breaks.
• Monitored month-end activities, such as taking charges and provisions (liquidity and model reserve, IPV), into P&L, and sent consumption charges to the desk to include in the estimate.
• Profit center ownership, substantiation of ledger vs. Sub-ledger breaks and signs off for month-end reporting.
• Executing critical reporting functions, including legal entity, financial, and regulatory, according to GAAP and IFRS requirements.
• Supervising and training individual resources for knowledge management.

• Membership No-310643
• GPA: 54%

GPA: 52%