Devang Ashar

Experience

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  PricewaterhouseCoopers

  Apr 2000 - Oct 2004

  Executive

  • Statutory Audit under Indian GAAP and Quarterly/ yearly reporting on group companies to Parent. • Review of Compliance with regulations relating to the Income Tax Act, Foreign Exchange Management Act (FEMA), Excise Duty, Sales Tax and Stock Exchange Board of India (SEBI) guidelines on Disclosure and Investor Protection.• Review of financial statements with respect to liaison Office, to be submitted to the Reserve bank of India (RBI).

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  E & Y

  Nov 2004 - Oct 2006

  Executive

  Ensuring compliance with Companies Act, FSA requirements, accounting principles, IFRS and international standards on auditing.

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  Credit Suisse

  Nov 2006 - Oct 2009

  Product Controller

  Products dealt with while working in PC includes Illiquid Receivables, Loans, and TRS on Loans, Credit Linked Notes, CDS, Interest Rate Swaps, CD Swaptions, and structured trades covering these products.

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  Bank of America Merrill Lynch

  Nov 2009 - now

  Vice President

  Equity Finance (August 2013 - Present):Managing Equity Swaps ( Delta one and PB synthetic clients) and Equity Structured Finance (ESF)ESF covers:• Financing structures collateralized by concentrated, single stock or Fund of Fund positions.• Fund platforms set up to provide exposure to alternative StrategiesCredit Finance (November 2009 to July 2013):Covered Flow, Emerging Markets, Prop and Short Term Fixed Income. Products managed include CDS/ Loans/ Bonds/ TRS’s / IR and Asset swaps / CLNs/ FTDs, Short term paper and other client specific structured products Show less