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Manager Management

Location:
Brookfield, WI
Posted:
February 25, 2018

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Saket Saxena

Global Treasury Debt Funding Investments Risk Management Foreign Exchange Cash Management Corporate Finance

ac4l0f@r.postjobfree.com

Summary

A seasoned performer in the financial services industry with extensive experience in market risk- FX and interest rate management, treasury management, pricing analytics, structured finance, financial planning, derivative management and reporting across range of product / service verticals with expertise in driving revenue growth, while maintaining price- volume & profit margins. Highly skilled in developing MS Excel based financial models to expedite analytics and management reporting. Advanced proficiency in MS Excel, Access, PowerPoint, Sportfire, Business Object Xi, Oracle Hyperion, Cognos, WSS (Wall Street Suite), Sunguard Riskbox, REVAL, ACBS (Advanced Commercial Banking System).

Extensive exposure to application of following US GAAP Standards - Accounting for Derivatives

(SFAS 133 as amended and SFAS 52), Sale of Financial Assets (SFAS 166), Consolidation Issues

(SFAS 167, SFAS 141, FIN 46R, APB 18), Loss and Impairment issues (SFAS 5/114/144 and EITF 99-20).

Experience

Global Services Pricing Leader at GE Healthcare

May 2017 - Present

• Leading GE Healthcare Global Services Pricing effort to standardized Price Measurement and Price-Volume-Mix Reporting across US, Canada, Europe, Latin America, China, Asia Pacific and Emerging Markets Regions

• Supporting development of pricing calculator based on Total Cost of Ownership (TCO) to drive price margin improvement

• Managing multiple cross functional and organizational projects to enhance efficiency, reporting, billing/pricing, FP&A processes, operational excellence and acquisition/divestiture impact

• Improvising monthly/quarterly estimates, monthly close, annual budget, financial consolidation and reporting for actual and planning purposes

AVP Market Risk - GE Corporate Treasury at Genpact January 2015 - April 2017 (2 years 4 months)

• Developed new methods to analyze GE company Transactional, Balance-sheet and Net Income Page 2

exposure across business platforms, monitoring FX Risk Policy compliance and reporting across 64 currencies exposures from 16 business verticals.

• Accountable to perform VaR analysis, back testing Risk-Box system and periodic reporting Tier 1/ Economic Capital Impact.

• Worked with cross functional teams comprising of Asset and Liability Management, Risk and Tax to ensure company wide Foreign currency exposures are appropriately assessed and hedged. Oversee FX exposure management analytics as well as provide key input for Currency Translation Adjustment and functional currency simplification processes. Senior Treasury Manager- GE Industrial Hedging at Genpact January 2014 - December 2014 (1 year)

• Developed accounting POV for spot-to-spot and forward rate hedging as per DIG G16 and long haul hedge accounting guidance.

• Led hedge accounting efforts for GE Healthcare treasury to decrease P/L volatility arising from extended non-functional currency service contracts.

• Provided direct support for GE Industrial Hedge accounting migration to new reporting system

• Supported financial analysis and reporting of debt and derivative portfolios.The key responsibilities included creating analytics for financial disclosures, ensuring GAAP compliance, developing automated solutions, helping with audit procedures. Senior Treasury Manager - GE Treasury Controllership at Genpact April 2012 - December 2013 (1 year 9 months)

• Provided direct support for financial analysis and reporting of GE Corporate Treasury debt and derivative portfolios.The key responsibilities included creating analytics for financial disclosures, ensuring GAAP compliance.

• Monitored FX risk creation and ensuring compliance with risk management policy.

• Managed GE Treasury Net Investment and cash flow hedging program.

• Managed debt, FX derivatives and investment portfolio ensuring all operational and accounting requirements.

• Supported a robust FX controllership organization by providing a vision and built wing to wing processes starting from risk management strategies, trade execution to the financial reporting and disclosures of all activities.

Project Manager - Capital One Bank at Genpact

July 2011 - January 2012 (7 months)

Capital One Bank Compliance initiative (Leading Exceptional Accounting Practices), to evaluate current state of Triangulated wire settlement accounting as per Regulation-W.

• The project required extensive documentation of month end closing & reporting of central accounting operations, Treasury Inter-unit wire settlement, Equity and payroll accounting.

• Led project effort to map systems and data flow artifacts through personal interviews. Page 3

• Adopted Lean six sigma approach to identify process gaps, conducted process health assessments (PHA), developed swim lanes process maps, identified manual touch points, pain areas, process defects/ DOA control failures.

• Developed value stream mapping, critical to quality metrics, performed root-cause analysis.

• Conducted solutioning workshop to educate observed practices vs. gap assessment results and mitigation plans.

Valuation Manager - GE Capital Americas at Genpact September 2008 - June 2011 (2 years 10 months)

• Led FAS 166 and FAS 167 implementation which resulted in a complete revamp of GE’s securitization strategy and consolidation of more than 40 legacy structures.

• Led valuations analytics team for MtM reporting of $50b term and conduit transactions based on FAS 157 guidance and retained interest valuation based on EITF 99-20 guidance, and scenario analysis during subprime crises.

• Led over 20 projects relating to multi-billion assets backed term note, commercial paper, and CMBS placements for streamlining valuation reporting.

• Administered interest rate and prepayment risk on $2B investment portfolio and $25B notional derivative portfolio.

Manager Asset Backed Securitization at Genpact

March 2006 - August 2008 (2 years 6 months)

Led pricing analytics modeling teams to structure, and analyze securitized debt transactions which allowed GE Corporate to borrow funds at significantly lower cost.

• Responsible to developed Securitization/ Alternative funding pricing models, structuring syndication and securitizations transactions, working with operating business units, bankers and rating agencies.

• Responsible for structuring and cashflow modeling $500M+ equipment securitization funding transactions to increase profitability through reduction of interest expense.

• Led the front end deal process including loss proxy derivation, pool stratification, deal structuring, and contribution to Rating Agency and GE approval pitches in order to maximize interest savings benefits via an optimal rating structure.

• Supported Deal Transactors with input to investor documents including Offering Memoranda, and roadshow presentations, as well as various ad-hoc analyses Manager Pricing at ING

June 2002 - February 2006 (3 years 9 months)

• Led active asset management, working capital underwriting, monitoring collateral performances, account reconciliations, reviewing loan modification requests

• Financial Modeling and Deal Analysis, drafting proposals, and preparing recommendations for loan approvals from Executive Risk Management Committee Page 4

Education

Global Association of Risk Professionals (GARP)

Certification, Risk Management, 2014 - 2014

Indian Institute of Management, Calcutta

Applied Finance, Finance and Financial Management Services, 2006 - 2007 IBS Hyderabad

Master of Business Administration - MBA, Accounting and Finance, 2000 - 2002 Institute of Project Management

Project Management Program, Project Management, 2011 - 2011 Devi Ahilya Vishwavidyalaya

Bachelor of Business Administration - BBA, Business Administration and Management, General, 1996 - 1999

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Saket Saxena

Global Treasury Debt Funding Investments Risk Management Foreign Exchange Cash Management Corporate Finance

ac4l0f@r.postjobfree.com

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Contact this candidate