Samar Rizvi Email & Phone Number

Riyadh, Saudi Arabia

Partnering with an International Consultancy I am a hands-on project lead providing finance transformation advisory to top-tier regional financial institutions, focusing on process and control assessment, identifying inefficiencies, developing and managing project plans for effective change implementation.

London

- Reporting to the FD I lead a team in the comprehensive coordination of Annual plans, Quarterly forecasts and Stress Tests including Governance, and processes, consistently ensuring timely and high-quality deliverables. ($5bn P&L & >$280bn lending book).- Responsible for delivering a range of stress tests conducted for regulatory and internal management purposes (PRA, Internal, Reverse, Climate, Group Recovery scenarios) including performing and driving financial modelling and contributing to the ICAAP and ILAAP.- Strong understanding of scenarios drivers e.g changes to - interest rate environment, unemployment, GDP, house prices & impacts on CET1 through NII, Impairments, RWAs, Balance sheet including SMAs.- Collaborate with cross-functional teams (Capital, Risk, Products) to align stress test interpretations with strategic objectives, contributing to improved decision-making across the organization.- Expertly prepare and deliver clear, impactful analysis, effectively conveying critical information that withstands scrutiny of senior management, including HSBC UK Board and relevant Steering Committees.- Possess strong communication skills to challenge and improve the quality of outputs from business functions through data-driven analysis and critical assessment. - Proficient in collaborating and coordinating with both onshore and offshore teams to achieve project objectives and foster effective teamwork.

- Successful management of a high-profile multi-year transformation covering various functional team members (20+) resulting in annual costs savings of $100m pa. Implemented robust control & governance procedures, resulting in zero adverse audit findings. - Control framework: Responsible for Project reporting (budget, actuals, benefits tracking as per agreed targets), Resource plans and Change Control process. Chair Project meetings, RAID reviews, Steering committees ensuring timely inputs and outcomes- RAID Management: Champion the RAID and Dependency log. Schedule and facilitate periodic risk reviews. Work with stakeholders to identify and escalate issues promptly- Provide timely & accurate workstream MI and commentary (Exec Packs) to the Leadership team- Ensure project team follow and adhere to the Clarity time booking process- Keep resourcing plans up to date and ensure required resources are timely engaged. Manage & track all funding requests- Continuously review and improve project controls to support more predictable delivery - Attained clean annual internal audit reports on the program’s governance and benefit recognition over the last 3 years

- Supported migration of data from an excel based disparate legacy process to a new bespoke Third Party Spend tool (Single source); Consistent data capture across key mandatory attributes and onboarding of new contracts; ~4000+ contracts managed enabling multiyear cost forecast, with a PnL of > $4bn- Collaborate with technical teams to design, develop, and test intricate new functionality to automate complex budget and forecasting principles. Managed UAT testing by executing predefined test cases and scenarios- Improved data quality through continuous cleansing and updating data in the target system (remedied $100m+ incorrect spend)- Enhanced control and transparency on Technology multi-year spend budget management for Annual Operating Plan- Enable Benefit and Cost Reduction Strategies; Developed In-year and multi-year IT Forecast spend MI dashboards across HSBC business areas; enabled insight to determine strategies on vendor engagement- Acted as a key liaison between the business and development team

- Owned and managed the benefit recognition accounting methodology and principles to ensure compliance with HSBC finance and audit framework (80-100 individual benefits initiatives p.a)- Led financial modelling for the business to scrutinise annual addressable spend (~$400m & 500 key contracts); leading to favourable negotiations on high return contract opportunities that helped deliver ~50% of annual cost save target early in the reporting cycle.- Finance controller for YoY increase in OPEX expense (~$200m headwinds); led analysis and reporting to help drive reductions in new Technology spend demand by 25% across all COO spend.- Supported commercial teams with tooling that helps them to model savings and generate necessary analysis and reports shared with the business stakeholders that sign off on business benefits- Took ownership of and further develop the P&L model (built in excel) that calculates saves based on the savings methodology & accruals accounting principles- Took save/benefit submissions through two weekly finance meetings to gain sign-off from Central Program Finance - Managed benefits tracking for the team; own monthly reporting for Program Finance - Designed and automated a detailed pipeline of global forecast benefit initiatives to achieve cost reduction targets

London, United Kingdom

Reporting to Head of Wealth I led Finance team (of 6) on the day-to-day aspects of the finance function. Implemented a comprehensive planning & reporting framework; improved forecasting accuracy by 15% and reduced month close from 10 to 5 WDs.- Led migration of manual planning processes to a new planning system; reduced income modelling spreadsheet inventory by 80% and improved resource allocation translating into improved data accuracy and quicker automated report generation for Exco.- Provided real-time visibility using KPIs & dashboards enabling proactive decision-making on strategic actions (eg Product Margins).- Developed recommendations for Wealth Exco on commercial deep dives; helped reduce attrition in Banking Deposits & Funds under Management whilst improving product margins. - Actively mentored and coached team members and promoted a culture of continuous learning to enhance their skills and knowledge.

London, United Kingdom

Oversaw all FP&A needs for LBG’s 5-Year plan through leading the collaboration with divisional finance teams to consolidate and develop comprehensive financial analysis reports and presentations for Group Executive Committee and Board meetings, effectively communicating financial performance, trends, and actionable insights- Monthly reporting and presentation of financial performance to Group Executive Committee, CEO, CFO & Management team;- Development of reporting and analysis on Non Core Asset disposal program- Analysis on business performance for divisions for CFO and CEO;- Collaborating across Group areas for Lloyds Banking Group News Release & Financial Statements;- Point of contact for Investor Relations regarding investor & analyst queries- Preparation of presentations to the external market such as Investor Presentations, associated presenter scripts; and supporting Q&A for both Lloyds Banking Group presentations- Reviewing and assessing divisional performance in comparison to Peers and the market; to facilitate monthly business performance review in addition to strategy- Presenting of financial performance and strategy to external Rating Agencies and regulators such as the PRA- Strong understanding of the Bank’s financial drivers impacting Earnings & Balance Sheet including Net interest income and margins, Other income, Costs, Impairments, funding & Capital-Track record of delivering on complex ad-hoc requests from senior stakeholders including queries raised by the CEO & CFO

London, England, United Kingdom

Reporting directly to the CFO I led the FP&A process for the Private Equity Board and external reporting. Prepared and monitored financial plans, including long-term strategic plans, annual budgets, and financial forecasts that aligned with the company's objectives and resulted in accurate financial projections

Team managed the delivery of various due-diligence assignments on IPOs and M&A activity encompassing analysis of financial and non-financial information in an objective, transparent and sufficiently detailed manner to facilitate decision-making across all key stakeholders

Aca

Education record

Education record