Ankit Dixit

• Double hatting, as Head of FTP, ALM and Acting CFO
• Setting up ALM and FTP unit in the bank, the function was managed by an external consultant
• Enhancement of the FTP framework of the bank, to effectively manage the balance sheet in line with management expectations
• End to end implementation of ALM and FTP system, starting from vendor selection to performing UAT and implementation. Managed the project as a steering committee member
• Preparation of ALCO packs for the ALM unit including analysis of the EaR and EvE metrics for Interest Rate Risk
• Reporting of Liquidity Risk, including Basel III ratios like LCR, NSFR and other internal liquidity measurement tools
• Devised the behavioural model for non maturity products for Structural Gap reports

• Responsible for business support and business control for Treasury Business at an overall Group level
• End to end responsibility of the FX Net Open Position of the ENBD group including international branches and subsidiaries
• Valuation of deals and reporting of derivative valuations to counterparties; completely automated the process using AI -Robotics
• Enhanced the control framework for Market Data of the bank, used for pricing, valuations, PL Reporting and collateral management and settlement
• Developed the illiquidity framework for testing of the illiquid positions in trading desk
• Handling dynamic regulatory framework including regulations like TESS, IBOR, FRTB and AED Monetary reforms issued by CBUAE
• Experience in IRSG (Interest Rate Setting Mechanism) by CBUAE for publishing of EIBOR
• Product approval for complex derivative structures before deal initiation
• Project Management – implementation of projects for Treasury from BRD stage till Go live stage
• End to end testing of aspects like pricing, valuations and risk metrics for Treasury products
• Providing analytic reports for ALCO and BOARD for decision making
• Adept with CBUAE regulations, IFRS and Basel changes pertaining to Treasury/Risk.

• Monitoring of daily Treasury and Investment limits and escalation of the breaches
• Monitoring Market Risk of the portfolio using tools like VaR and Duration
• Performed various behavioural analysis using concepts like normal distribution
• Experience in capital calculations for market risk using standardized and IMA method as per Basel II
• Implementation of Basel III in the bank including but not limited to LCR, NSFR and Leverage Ratio
• Vetting of various wholesale banking policies and doing an annual review of business divisions
• Reporting of daily time bucket-wise and currency-wise cash-flows for nostro funding
• Providing useful inputs and reports to ALCO and regulatory reporting team
• Set up the Treasury Middle office team in the bank along-with setting up controls
• Formulated the Daily Treasury Report providing snapshot view of the daily activity of Treasury
• Valuation of derivative deals and providing the MTM values to the back office for onward transmission to clients
• Monitoring of treasury profitability across different asset classes, dealer desks and dealers
• Doing in-depth analysis and approving complex derivative structures to be done by the Treasury front office
• Reporting of the Open currency position and the reconciliation of the same
• Negotiating ISDA and CSA with counterparties, performing collateral management by handling margin calls beyond CSA thresholds
• Handling the central bank (regulatory authority), internal and external audit.

• Built the overall framework of Market Risk and Treasury Middle Office starting at overall policy level, drilling down to operational level
• Devised the limit framework for Treasury Products in line with industry-wide best practices
• Handling the end to end dashboard reporting and performance measurement for Treasury
• Monitoring of limits and escalation of breaches in line with the Board approved policies for activities in the trading and back-to-back book
• Performed various aspects of Enterprise risk like ICAAP reporting, Country Risk reporting
• Handled Liquidity Reporting including formulation of the contingency funding plan
• Formulated the stress testing framework for liquidity using scenario analysis
• Monitoring Market Risk of the portfolio using tools like VaR and Duration
• Performed various behavioural analysis using concepts like normal distribution
• Experience in capital calculations for market risk using standardized and IMA method as per Basel II
• Implementation of Basel III in the bank including but not limited to LCR, NSFR and Leverage Ratio
• Vetting of various wholesale banking policies and doing an annual review of business divisions

ICICI Bank - Nov 2004 to March 2006

Nomura - March 2006 to March 2007 and March 2008 to Jan 2010

JP Morgan Chase - March 2007 to March 2008

• Handling the team of Asset Liability and Management and Network Management (Treasury Operations)
• Managing Asset Liability Management desk, preparation of daily funding projections, ensuring that the firm is liquid enough all the time, preparing host of MIS on Asset Liability Management
• Handling Middle Office function in Derivatives (interest rate swaps, options, FX, forwards) including processing, confirming, accounting, exposure monitoring sending funding requirements and settlement of derivative contracts with counterparties
• Automation of manual processes like uploading of deals in the system, calculation of figures of swaps and options, process relating to expiry of options, developing of various settlement reports.
• Developed controls by making the spreadsheets formula driven, spreadsheets like funding sheet, notional reporting sheet and host of regulatory returns.
• Managed and successfully completed projects like on boarding of an existing system from a different location, replacing of Murex by Athena, on boarding of credit derivative systems for Credit Default Swaps.
• Monitoring exposure and tenor limits of counterparties, deal size limits of derivative contracts