Deepak Kumar Singh Email & Phone Number

Riyadh, Saudi Arabia

In this current role, I associate with internal and external service providers to implement service-level agreements. One of my key responsibilities is to contribute to the update of the Treasury/Investments strategy and ensure that translated and aligned with the bank's objectives, targets, and initiatives. Based on my progressive industry-related experience, I detect and course-correct as per requirements by preparing and recommending Treasury/ Investment budget, as well as tracking financial performance. Collaborate with business lines on cross-sell initiatives and returns to achieve revenue goals. Additionally, I forecast prospective revenue changes by developing risk simulations and "what if" scenarios for the Treasury portfolio's interest income. Introduced numerous functions and participated actively in committees and meetings (internal and external). I render expertise in audit, risk, compliance, business technology, and internal control observations in a timely manner to allow for the implementation of corrective actions.Some key accomplishments associated with this job role include:· Ensured development and approval of new products and services• Implemented treasury system upgrade in a well-coordinated project whilst ensuring comprehensive user testing and system integration• Improved operational efficiency by monitoring compliance with set risk standards of the treasury transactions on a daily basis.• Built and executed market research and insights to ensure that the Division Head is fully informed about the leading practices relevant to the division.• Maximised interbank trading by maintaining cordial connections with other interbank counterparties/brokers.• Ensured smooth IBOR transition to the new alternative reference rate

Riyadh

During my tenure, I streamlined process automation increases efficiency and lowers costs. One of my key roles was to supervise all key performance indicators (KPIs), as well as position and profitability variance justification.Some key accomplishments associated with this job role include:• Re-classified treasury portfolio in conformity with IFRS-9, including hedge scheme.• Ensured timely substantiation of general ledger balances, P&L reporting, and variance analysis.• Oversaw financial statement disclosure notes on treasury business.• Established swap data repository reporting as mandated by the regulator.• Executed ISDA, CSA, and GMRA, and introduced necessary setup to abide by such agreements.• Extend operational support to the Treasury for transaction life cycle management of USD 34B+ in the investment book and USD 75B+ in the derivative book.• Achieved desired goals by integrating UAT and end-to-end all parts of the Treasury system overhaul.

Chartered Accountant, Taxation, Accounting And Corporate Law

Master'S Degree, Cost Accounting