Saurabh Saini

Regulatory Reporting: Implementing new regulations in compliance with ECB and analyse their impacts on various SAS VA dashboards. Perform data quality checks on the credit risk loan tape in compliance with ECB standard rules. Analysing the impact of migration of all the regulatory reports from SAS to Power BI and perform GAP analysis. Analysis the impact of changes on Credit Risk reports and reporting methodology framework while implementing the new regulatory reforms, i.e., Basel IV.

Wealth Management: Migration of corporate investment/trust accounts from legacy GFAS to cloud based SONATA. Working on Fidelity adviser solutions platform to analyze the changes required on APIs due to migration. Analyze the MIFID rules required on the transactions from buy/sell side firms. Implementing new MIFID rules on transaction reporting, product governance and cost & charges.

Regulatory Change & Transformation: Implementing new regulations governed by EBA and analyze their impacts on various reporting- COREP, FINREP, AnaCredit (Credit Risk Reporting), etc. Prepare various workflow metrics in Analytics tool- Alteryx and upload them on Tableau for further reporting. Identifying new areas of development to reduce manual intervention and ensure accurate regulatory reporting.

Accounting Solutions (Wallstreet Suite): Transition of interest rate benchmark from IBOR to AFR. Analysing the impact on hedge effectiveness via various methods (Regression, Dollar offset, CTM) and impact on hedge accounting . Working on a re-engineering project of accounting management module for migration from window UI to HTML 5. Analysis on legacy system and provide current solution to developers to create/modify required APIs.

Credit Risk: Analysing the impact of conversion of IFRS 9 from IAS 39 on the investment products.. Implementation of a new Credit Risk IT system to achieve compliance on BCBS 239, BCBS 279 guidelines while improving business capabilities through process streamline and architectural excellence. Working on Systems and Data Architectures in Risk Analysis, Stress testing (at portfolio level), CCE/PFE models for traded products & Reporting in Credit Risk systems.

Investment Accounting & Reporting: Booking accruals, deferrals & amortization of investment products such as IRS, TRS, Swaptions, Futures and Securities (FVO, AFS & at cost) in SAP. Valuation of Derivatives & Securities on basis of IFRS, HGB in SAP. Doing impairment testing and booking impairment on various funds held by AXA in SAP. Preparation and review of statutory and regulatory reports and submit them to Deutsche Bundesbank in compliance with Basel 3 Norms and German Foreign Trade Regulations.

Financial Accounting & Reporting: Managing, analysis and Allocation of investment of more than 1600 investment partnerships of MetLife for investment reporting purpose and prepare the reports. Doing Financial Reporting on basis of US GAAP - FAS 115 (Accounting for Certain Investments in Debt and Equity Securities) and FAS 133 (Accounting for Derivative Instruments and Hedging Activities). Processing journal entries and verify the impact on all GL accounts by using PeopleSoft 8.8 (Oracle).

Financial Reporting: Preparation & analysis of Financial Statements and Notes to consolidated Financial Accounts for Reporting of US and UK based Clients by following US GAAP, IFRS and IAS. Analyze of Financial Statements and Corporate Compliance compulsion by Securities and Exchange Commission (SEC) such as 6-K, 8-K, 10-K, 10-Q, etc. Make Financial Statements in more Presentable form on XBRL (Compulsion by SEC) in Bowen Tagger (BT).