Rakesh Singh

Director | RWA Review | Enterprise Risk Analytics| Risk Appetite| Market Risk Management | CCAR| Recovery and Resolution Planning| ICAAP | Capital Management| Stress Testing | Program Manager

Role
Director - Head of Capital and Rwa Review India at Citi
Location
Mumbai, MH, IN
LinkedIn followers
500 followers

About Rakesh Singh

Professional SummaryRakesh is a seasoned Risk and Finance professional with over 16 years of experience working with global financial institutions including Citi, State Street, Credit Suisse, and RBS. He has a proven track record of building high-performing teams, leading large-scale risk and capital initiatives, and delivering impactful financial analytics aligned with regulatory requirements and strategic objectives.At Citi, he currently leads firmwide stress testing analysis across multiple risk categories—including Retail Credit, Wholesale Credit, Counterparty Risk, Market, and Non-Market Risk. He is responsible for generating high-quality financial risk analytics using advanced stress testing frameworks to inform executive decision-making.At State Street, Rakesh spearheaded the financial modelling and analytics team within the Global Treasury division. He is recognized as a subject matter expert in Recovery and Resolution Planning (RRP), ICAAP, and stress testing, playing a pivotal role in enhancing the institution’s capital resilience and regulatory readiness.Previously at Credit Suisse, he established the Portfolio Market Risk analytics franchise in Mumbai from the ground up, scaling the team to 15 full-time employees. He led the delivery of regulatory analytics covering VaR, SVaR, IRC, and RNIV across FINMA and PRA jurisdictions. His role encompassed regular engagement with senior stakeholders across CRO, CFO, and FO risk/capital teams. He also provided strategic leadership during the COVID-19 crisis, supporting RM VaR and RWA mitigation efforts through timely scenario-based analysis. His tenure was marked by significant gains in efficiency through automation, SME development, and streamlined reporting structures.Rakesh started his career with RBS, supporting the Traded Credit Desk as a Market Risk Analyst, where he managed market risk exposure and contributed to risk strategy design.Key SkillsMarket Risk & Traded Credit RiskStress Testing & Scenario AnalysisICAAP & Recovery Resolution Planning (RRP)Basel Compliance & Regulatory Capital (Pillar 1, 2, 3)VaR / SVaR MethodologyPerformance Attribution & Portfolio AnalyticsRisk Appetite FrameworkRegulatory Engagement & ReportingTeam Leadership & Transformation Contact: r••••••••@yahoo.co.in

Experience

  1. Director - Head of Capital and Rwa Review India

    Citi

    Aug 2025 — Present · Mumbai, IN

    Seasoned Risk and Capital Management professional with expertise in RWA review, capital calculation, stress testing/ CCAR, balance sheet forecast and transformation at the group level. Experienced in resolving critical model and Basel rule issues, and in reviewing RWA against regulatory requirements with thorough testing and validation.

Education

  • Bangalore University

    BBM, Finance, General

  • Indian Institute of Planning and Management

    MBA, Finance, General

Skills

  • Market Risk
  • Options
  • Value at Risk (Var)
  • Valuation
  • Derivatives
  • Financial Analysis
  • Portfolio Management
  • Financial Modeling
  • Equities
  • Fixed Income
  • Financial Markets
  • Investment Banking
  • Capital Markets
  • Asset Managment
  • Banking
  • Risk Management
  • Credit Risk
  • Bloomberg
  • Stress Testing
  • Enterprise Risk Management
  • Risk Assessment
  • Business Analysis
  • Financial Risk
  • Basel Iii

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Rakesh Singh — Director - Head of Capital and Rwa Review India at Citi in Mumbai, MH, IN | Unifers