Accounting Assistant

Name: DANWEI LIU

Gender: Female

Address: * ********* ****, ***** ******, NY 10605

Tel. 646-***-****

Email: ******.***@*****.***

PROFESSIONAL SUMMARY

* Consistently ranked as a top performer

* Experience in derivative hedge accounting standards ASC 815 & ASC 820,

reporting, reconciliation, valuation analysis and process enhancement

* Strong analytical & problem solving skills

* Team player, eager to learn and willing to take on more responsibilities

* Advanced Excel, Word, Bloomberg, Reuters

* Effectively work in stressful environments

* Beta Gamma Sigma Business Honors

EMPLOYMENT

Citigroup; Long Island City, New York

Jan 2007 - Present

Assistant VP - Treasury Derivatives Product Control and Hedge Accounting

(Dec 2009 - present)

. Team leader and supervise three staff members and one consultant.

. Manage daily profit and loss production, analysis, validation, commentary

and reporting; Review of booking, valuation and revenue recognition for

complex and structured trades.

. Daily interaction with traders; Produce financial highlights, earning

drivers, forecasts and "what if" scenarios; Survey P&L volatilities in

credit spreads, basis spreads, interest rates, FX currency spot and

forward rates.

. Independent price verification; Analyze valuation on Swap, FX Forward and

Option contracts; Conduct Bloomberg and Summit valuation comparison;

Mitigate economic risk by researching valuation discrepancies when

necessary to ensure pricing integrity.

. Supervise journal entries and month-end close process including

valuation, pricing and reconciliations.

. Produce derivative hedge accounting Profit and Loss, in accordance with

FASB Accounting Standards Codification ASC 815 (FAS 133), ASC 820 (FAS

157) & ASC 815-10-50 (FAS 161) including Fair Value, Cash Flow and Net

Investment Hedges for OTC derivatives hedging fixed income USD/ Foreign

currency denominated debt, money market, and AFS securities.

. Produce derivative non- hedge accounting Profit and Loss including

Trading and Economic Hedges for Credit Default Swap (CDS).

. Monitor foreign currency balance sheet positions and potential market

risks and ensure precise derivative-to-underlying mapping.

. Perform retrospective and prospective hedge effectiveness testing across

programs.

. Accounting around de-designation/re-designation for Fair Value Swaps

hedging interest rate risk on USD/ Foreign currency denominated debt,

debt buy-back/ tender offer.

. Responsible for monthly attestation presented to Senior Management

regarding the integrity and accuracy of the Balance Sheet and Income

Statement.

. Enhanced multiple processes; added analytics, reduced inefficient

processes and improved controls.

. Developed more transparent & robust processes around hedge accounting.

. Analyzed and improved numerous month-end schedules and processes.

. Initiated and coordinated the implementation of the new swap accounting

report and amortization report.

. Led the project on transferring the hedge effectiveness testing method

from cumulative dollar offset to regression in 2009.

. Swap OIS valuation conversion in 2012 whereby the discount curve was

changed from LIBOR to overnight indexed swap (OIS) curve.

. Ensure compliance with information and documentations.

Citigroup; Long Island City, New York

Treasury Derivatives Hedge Accounting and Operation Analyst (January 2007 -

December 2009)

. Engaged in effectiveness and volume testing in connection with daily

operations and accounting procedures associated with Treasury

derivatives.

. Generated reports detailing trade activities, long-aged outstanding

trades to senior management.

. Engaged in valuation of derivatives and applied accounting treatment and

reconciliations to derivatives.

. Maintenance of Hedge Documentation which includes hedge checklists, trade

tickets, underlying Hedge documents, Internal and External confirmations,

Hedge Effectiveness testing results and a summary of deal terms for each

trade.

. Prepared monthly account reconciliations, quarter end / year-end

financial reporting processes and analysis.

. Daily trade capture and verification; Coordinated cash settlements.

. Conducted rate reasonability analysis to independently value derivative

trades.

. Worked with front office in determination of hedge program.

. Participated in the project of Summit account posting automation in

November 2007

. Created two detailed balance sheet reconciliations on a deal by deal

basis which are critical to the success around de-designations and

terminations

UBS Financial Services Inc; Washington D.C..

Intern (January 2006 - July 2006)

. Analyzed mutual fund performance.

. Conducted company and market research.

. Developed customized investment plans for clients.

University of Arkansas; Fayetteville, Arkansas

Graduate Assistant; (August 2004 - December 2005)

. In support of research of academic faculty, built regression modules to

analyze market risks.

. Data mining on economic development index.

Chenghao Securities Brokerage Company; Shenyang, China

Operation and Accounting Analyst; (September 2001 - July 2004)

. Documented security transactions; Daily reconciliation.

. Maintained account documentation and assisted in the managing of cash

transfer.

EDUCATION

Master of Economics

University of Arkansas; Fayetteville, AR

GRE test scores: 2360/ 2400

Full tuition scholarship

Master of Arts in Economics; GPA: 3.85/4 - December 2005

Bachelor of Economics

Dalian University of Technology; China

Bachelor of Arts in Economics; GPA: 3.8/4 - September 2001

Authorized to work for any employer. NO sponsorship or additional cost or

paperwork will ever be required by an employer.

Contact this candidate