Gourav Sahni

AVP - Treasury Bfc Lead Hedge Accounting Funding & CIO Desk Irrbb @Bank of America Merrill Lynch

IN

Risk Assessment: Evaluate and quantify the financial risks, including exposure to interest rate fluctuations and currency exchange rate changesHedging Strategy Development: Develop and implement effective hedging strategies in collaboration with the funding desk, Finance Directors and other ALM to mitigate identified risks. Selecting appropriate financial instruments and optimal timing for hedging activitiesCompliance and Reporting: Ensure compliance with relevant accounting standards (e.g, ASC 815 or IFRS 9) and regulatory requirements. Generate accurate and timely reports for stakeholdersDocumentation and Record Keeping: Maintain thorough documentation of hedging decisions, rationale, and effectiveness assessments. Organize records for audits and regulatory reviewsHedge Effectiveness: Conduct upfront and ongoing assessments of hedge effectiveness. Adjust hedge positions as needed to optimize effectiveness. Perform qualitative and quantitative tests using regression analysisMarket Research and Commentaries: Staying informed about market trends, economic indicators, and relevant financial news like central bank policy rate changes etc. to anticipate potential changes in market conditions that may impact hedging strategiesCollaboration and Communication: Effectively communicate complex financial concepts and hedge performance to non-financial stakeholders. Collaborate with executive leadership to align hedging strategies with the company\'s risk appetite and financial goalsOperational excellence: Identify opportunities for process improvement in the hedge accounting function. Updating the working files and leverage the tools like Alteryx and PythonConducting Training programs: Provide training to internal teams on hedge accounting principles, ensuring a clear understanding of how hedging activities impact financial statements.Month-end close reviews: reviewing the P&L, OCI and Balance Sheet positions on month-end, Disclosure and reporting

ICFAI Foundation for Higher Education, Hyderabad

Master's in Financial Analysis

University of Delhi

Bachelor of Commerce - BCom

Ramanujan College

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Madurai Kamaraj University

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