Preya Parikh

Experience

• 

  Prudential Assurance

  Aug 2004 - Mar 2005

  Accounts Assistant

  • Successfully controlled & monitored the expenditure for the London Buildings. • Administered the monthly finance meetings to ensure tight control of costs going through on each building. • Managed the month-end & year-end process, creating accruals, prepayments, Vat returns.• Analysed the performance of each building according to forecast. Reviewed any irregular expenses and ensured all expenses were allocated to the correct account codes & building codes. Created regular reports for the monthly finance meetings to analyse costs going through on each cost centre. • Maintained accurate and efficient information on the database for the cleaning & security contract & holiday database on Excel, purchase order system on Access. Designed an environmental report for waste at all sites. • Liaised with the facilities and contract managers on regular basis provided assistance on supplier queries. Show less

• 

  Citi

  Jun 2005 - Jun 2016

  • Management of credit risk for the EMEA Insurance portfolio, undertaking analysis for the (CCR) Classified Credit Reviews for the Italian clients and bulk review for the (LCS) Low Credit Sensitive names and assisting with reviews on adhoc basis.• Pro-active and forward looking approach to managing the risk through the management of the excess, escalation reports, reviewing of limits, ratings (internal scorecard and external rating agencies) and company profile.• Demonstrated a high level of risk acumen and management of risk through the comprehensive portfolio reviews produced for the Reinsurance, UK Life, Multi Line and Nordics insurers; Successfully presented to senior management and stakeholders.• Ability to identify, measure and aggregate risk using metrics in the analysis of product stress testing, trend analysis and cause and effect of volatility in products (FX, Derivatives and IRS trades).• Excellent project management skills, playing an active role in global/local re-engineering projects to ensure we comply with regulatory requirements and re-engineering our processes to make them more efficient.• Working with operations and other business stakeholders to ensure that all functions utilise the banks client onboarding platform for all new insurance funds.• Performing data analysis to support changes. Delivering change documentation, ensuring accurate governance and risk management.• Demonstrated excellent experience of extrapolating and interpreting complex data from multiple sources.• Sound logical approach to problem solving in relation to both business and technical issues.• Strong verbal and written communication skills at all levels of the organization including senior management. Show less • Managed the monthly interest cycle in line with corporate accounting practices for all Nostro accounts held with London & European branches.• Mitigated risk exposure through the management of risk & control reporting. • Condensed large volumes of information into pivot tables for the monthly reporting of our statistics and identified areas of risk in the suspense books.• Investigated large fluctuations in the balances and ensured sufficient explanations were provided for audit purposes. Managed the month-end process of reconciling our balance sheet accounts for all the European branches and allocated the interest back to the business units according to their business activity. • Monitored queries from cash & coe and securities gss, prioritised urgent queries and provided solutions to complex problems.• Identified areas in need of process changes, automated processes to help utilise resources. Achieved 80% reduction in manual data processing through the automation of cash breaks, standardised processes and managed system migration. Developed good relations with other areas to minimise exposure of risk in the balance sheet. Show less

  • Credit & Portfolio Risk Officer

    Jun 2009 - Jun 2016

  • Treasury Analyst

    Jun 2005 - Jun 2009
• 

  Santander UK

  Feb 2017 - Feb 2018

  Audit Manager
• 

  Barclays UK

  Feb 2018 - May 2021

  • Governance & Reporting, Chief Risk Office (CRO) BUK

    Aug 2019 - May 2021

  • Risk and Control Manager

    Feb 2018 - Jul 2019
• 

  Citi

  May 2021 - now

  • Senior Risk Officer - Business Architecture and Resiliency

    Jun 2024 - now

  • Senior Regulatory Risk Officer - Chief Operating Office and Regional Apps

    Apr 2023 - Jun 2024

  • Senior Regulatory Risk Officer

    May 2021 - Mar 2023