Arvind Shahi

Experience

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  Unilever

  Jan 1991 - Jan 1992

  Cost Trainee
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  Union Bank of Switzerland

  Jul 1995 - Dec 2003

  Manager - ALM and Middle Office
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  IDBI Bank

  Jan 2004 - Feb 2006

  Senior Manager - Market Risk
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  HDFC Bank

  Feb 2006 - Nov 2007

  Asst Vice President - Treasury Financial Control

  Financial control- Valuation and MTM of bonds portfolio, computation of PV01 and risk sensitivities,- Valuation of securitized investment portfolio,- Valuation of currency option book and monitoring of greeks,- Financial control on Derivatives and Foreign exchange – ensuring that all contractsare valued correctly and captured in GLs,- Ensuring that all marked to marked valuations are captured in GL and their nationalsare reflected in GLs,- Financial control on Fx revaluations,- Evaluation of product papers prepared by front office,- Regulatory compliance on disclosures of derivatives and Fx with RBI, ALM Gapanalysis, Duration Gap analysis,- Documentation and measurements of effectiveness on account of hedge ,derivativecontracts and ensuring compliance with IAS 39, AS 30 (proposed) and FASB 133,- Co-ordination with Auditors relating to all aspects of derivatives, Fx and securities,- Performance measurement- Evaluation of desk-wise treasury performance4- Establishing systems and controls for capturing Fx profits for various divisions- RAROC- Capital charge for market risk, allocation of capital between various desks- Exchange P/L distribution to various divisions, branches, product groups- Recon issues between Front Office and Back Office P/L- Monitoring of Fx and derivative sales strategies – joint callings, cross sales etc- Responsible on Fx and Derivative related matters for RBI Inspection,Asset Liability Management- Monitoring of various liquidity reports- Liquidity forecasting- Interest rate sensitivities- Duration of equity and market value of equity –implemented draft guidelines of RBIBasel II- Co-ordination from financial control on implementation of Basel II- Various disclosure policies and capital forecasting under Basel II Show less

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  IDBI FEDERAL LIFE INSURANCE CO LTD

  Dec 2007 - now

  Chief Risk Officer

  As Chief Risk Officer, I handle Enterprise wide Risk Management function in the company, Shareholder Reporting, Cyber Security, Risk Control Unit and Fraud Investigations. My job role as CRO is as follows-1. Develop and maintain comprehensive risk management policy, governance, framework and guidelines2. Ensure compliance with IRDA regulations on Investments,3. Overseeing Middle Office functions and various reports on Investments to IRDA,4. Together with operating heads, drive identification, measurement, mitigation and control of Company-wide risks,5. Facilitate development and improvement of risk management know-how, tools, methodologies and systems,6. Independent risk review and assessment on products, projects, assets, capital, investment and Company-wide business activities,7. Apply global best-practices in the area of risk management including Economic Capital, Solvency II etc,8. Supervise and develop risk management personnel in line with immediate objectives and long-term plans ,9. Drive various committees such as ALCO, Risk Management Committee of Board, ORMG etc10. Acting as the corner stone of the second line of defense, promoting good corporate governance and providing reasonable assurance on integrity and validity of risk measurement and reporting ensuring the followings-• Independent check-and-balance mechanism• Provide second opinion• Offer perspective on potential downsides• Risk reviewer for business/insurance risk• Central aggregator for financial risk• Frontline and organizational support for operational risk Show less

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  Ageas Federal Life Insurance

  Feb 2021 - now

  Chief Risk Officer (CRO)
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  Ageas Federal Life Insurance

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  Advisor to MD & CEO