Ashish Verma Email and Phone Number

Leading L&F controlling (liquidity reporting) team in Pune managing a team of over 30 people including 3 tenured Directors, involved in Liquidity report production (LCR, NSFR, FR2052a etc.) for various regulators including US, PRA, MAS, HKMA etc. for various CS Heritage entities. o Awarded VP – Exceptional contribution reward in November 2022 for implementation of revised FR2052a (6G reporting).o Led the build out of the US liquidity (daily t+2) reporting for material entities with Balance Sheet size of US$ 400Bln comprising complex secured financing and derivative products for both 5th Generation and 6th Generation report.o Designed and developed control framework for the entire report production process and ensured continued and effective application thereof, with no adverse findings from the internal/ external auditors.o Led the bank’s response team on the Comprehensive Liquidity and Analysis Review (CLAR) exam to the US Fed and subsequently closed MRAs raised by the Fed.o Successfully managed issues and escalations in the daily liquidity submissions to the Fed.o Contributed to reduction in manual adjustments in regulatory reporting by performing deep dives, identifying solutions and prioritising resolution of high-risk adjustments.o Championed several efficiency initiatives resulting in improvement of quality of deliverables, cost efficiencies, capacity generation in the process through innovation and by developing strong ties to other cross functional teams and was able to achieve time savings of more than 2 FTEs.

Key member of the Group Financial Reporting team and SME for complex disclosures (Derivatives and Cash Flow Statement), with responsibility of preparation of various complex disclosures to the Quarterly Financial and Annual Report as well as Regulatory and Statistical Reportingo Successful migrated the reporting to India from Zurich, much ahead of the planned migration timelines. o Implemented key changes to the US GAAP derivatives reporting process. o Significantly enhanced and overhauled the existing reporting presentation to the satisfaction of the top management resulting in significant reduction in management queries and a timely closure of open issues.

Involved in managing audits of large manufacturing/ trading companies: o Managed simultaneous execution of audits at multiple clients and ensured timely completion of all deadlines. o Ensured 100% collection of all debts, including recovery of old dues from clients.

Involved in field management of listed and large companies within Manufacturing, Telecom and Service sectors. Managed audits of mid-sized companies:o Managed multiple assignments simultaneously and ensured timely completion of all audits within the stipulated time framework. o Implemented technical IFRS interpretations for clients across multiple sectors, in complex areas such as revenue recognition, impairment, tax accounting, consolidation etc. o Setup financial reporting consolidation system for entities with multiple subsidiaries/ business divisions and branches.

Field manager for various multinational companies o Performed audits under IGAAP, IFRS and US GAAP.

Managed audits (Bank, Internal and Statutory) across a wide range of entitieso Set up internal auditing framework for a large FMCG company.