Project Management, Libor Transition
Mumbai, Maharashtra, India
1) Engaged in 'London Interbank Offered Rate (LIBOR) Transition' - aiding in tracking, reporting, and remediating bank's LIBOR exposures into Alternate Reference Rates (ARRs: USD LIBOR to SOFR). Specifically involved in the remediation of LIBOR-based loans and OTCs (Interest Rate Swaps/Options, Cross Currency Swaps, etc.)2) Point of contact for reporting banks LIBOR's exposures to regulatory bodies such as Monetary Authority of Singapore (MAS), Hong Kong Monetary Authority (HKMA), and Korea… Show more 1) Engaged in 'London Interbank Offered Rate (LIBOR) Transition' - aiding in tracking, reporting, and remediating bank's LIBOR exposures into Alternate Reference Rates (ARRs: USD LIBOR to SOFR). Specifically involved in the remediation of LIBOR-based loans and OTCs (Interest Rate Swaps/Options, Cross Currency Swaps, etc.)2) Point of contact for reporting banks LIBOR's exposures to regulatory bodies such as Monetary Authority of Singapore (MAS), Hong Kong Monetary Authority (HKMA), and Korea Financial Supervisory Service (FSS). Also responsible for drafting responses to regulatory questionnaires.3) Evaluated, Monitored and Presented bank's LIBOR exposures across asset classes - Cash Products (Loans, Notes, Treasury, Bonds, etc.) and Derivatives (OTCs) - increasing the oversight of senior management in assessing progress of transition. Made extensive use of data visualization tools like Tableau to prepare the outstanding exposures’ dashboard.4) Spearheading remediation of LIBOR-based Loans and OTC products. Facilitated meetings between stakeholders to discuss deliverables, schedules and any conflicts.5) Lead Steering committee meetings and present project plan, its status, budget, upcoming milestones, track deliverables, risks and dependencies.6) Authored standard operating procedures (SOPs) for Regulatory Surveys, tailoring content to reduce any dependencies. Crafted critical path and contingency plans for the same which reduced turnaround time by 25%.7) Awarded 'RAVE Gold Bar for Accountability and Partnership' - in recognition of exemplary contributions in regulatory reporting. Show less