Syed Yasir Baqar

Preparing Statement of Derivatives for Bank's Financial Statements
Preparing Statement of Derivatives for Central Bank returns
Preparing Central Bank returns as follows
. BRF1 for Positive Fair Value of Derivatives
. BRF2 for Negative Fair Value of Derivatives
. BRF3 for Memo Contra Items
. BRF33, 34, 35 for interbank domestic and foreign placements and deposits
. BRF82 and BRF83 of Large domestic and foreign Exposures as per Basel Framework
. Preparing Quarterly Basel II
. Preparing Monthly RAR
Reporting of P/L generated by TCM dealers through FX deals, Futures Deals
Preparing Proprietary P/L
Extracting Reports from Globus for checking of Matching Reports including Unrelated Deals, Value Date Mismatch, Dealer Open Positions, Cover for Nostro, Profit on All Deals.
Intimating Dealers for any ambiguous deals, profits / losses
Checking if there is any breach by dealers in dealing in different currencies, commodities and limit breaching

Statement of Condition (SOC) & Statement of Income & Expenditure (SIE)
Preparation of SOC, SIE and Statement of Memo Items of London and Newyork business monthly, quarterly and annually.
Preparation of IAS proforma and other proforma of UK and New York in accordance with IAS.
Preparation of IAS of Mashreqbank Consolidation in accordance with IAS.
Collecting and shaping data in the form which can be useful for the preparation of IAS proformas.
Preparing Financial & Economic surveys provided by Govt. Bodies.
Preparing Surveys for Mashreq Al Islami business.
Involved in the new corebanking system Implementation.
Checking all aspects of SOC, Move and Data flow from Flexcube to Oracle.
Review requirements and maintain/update new segments values in Oracle General Ledger (OGL).
Prepare reconciliation of OGL with Banksys balances, mapping errors, exception, branch balancing/other and OGL Control Sheet reports and identify data errors in OGL, investigate the problems and arrange necessary rectification in order to ensure that all management information are produced with accuracy.
Review / analyze new General Ledger requirement, arrange set up of new G/L Accounts in Banksys and OGL and Inter Ho/branches accounts in Loinsys/Flexcube
Assist in testing of new products development, implementation of new computer systems or their upgrade, new initiatives etc."
Back up for System Analyst and MIS processing, coordinate with Internal Audit Department for their regular requirements, perform Administrative function and other special assignment/project given by management assigned by the department manager,
Assist in audit, publication and printing of Group Annual Report and preparation of related MIS in line with International Financial Reporting Standards. Includes monthly consolidation of financial results and quarterly / half yearly.
Prepare required financial data to PMAD unit, International Financial Analysts and other agencies/institutes and satisfy any queries.

Involved in New Central Bank reporting project.
Preparing All Banking return forms required by Central Bank from BRF1 to BRF7
Preparing BSD forms from BSD3 to BSD 5.
Preparing NDP (Net Durham Position)
Preparing All Central bank online return forms.
Preparing Cash ratios, HPFD.
Involved in the correction of Data which is being reported to Central Bank.
Performing all Other activities related to Central Bank requirements.

o Surprise Branch Visit (Physical verification of cash - Local currencies and Foreign Currencies.
o Examining whether the policies and procedures of the company are being kept and being followed by the staff.
o Tracking for Inventories of the company
o Developed new processes to increase the branch efficiency and quality and conducted risk assessment of the operating systems and its implication to the existing branch operations.
o Conducted Monthly, Quarterly and Yearend Cash Audit, Financial Audit, Compliance Audit and Operations Audit to all departments and branches.
o Checking of Foreign banks and Local bank reconciliations.
o Checking of daily exchange rates applied by various branches on different products.
o Checking charges / commission correctly charged to customers.
o Checking of local purchases and their vouchers recording.
o Checking of salary calculations / overtime calculations and leave records.
o To ensure that operation system in place is in Compliance - AML with policies, plans, procedures, laws and regulations of the company and the regulatory authorities in the overall interest and benefit of the company.
o Evaluated non-compliance practices and procedures and recommended remediation for improvement.
o Preparing monthly and quarterly report on Compliance and AML.
o All Audit findings reporting to Audit Manager and getting replies from branches to ensure polices to be followed properly.

CITI BANK, PAKISTAN

Assistant Financial Manager May 2007 to April 2010

Responsibilities: Regional Reporting
o Citi Global Internal Charge Back from all Internal Departments.
o Monthly flash forecast for next month number in Budget Input Tool (BIT)
o Manage TI recoveries to be presented monthly to the business
o Maintain inventory for regional team monthly reviews - ICG, GCG, CGML
o Point of contact for regional teams in link with CTI finance
o Contact responsible to acquire CTI charges to other departments/customers

Inventory Control: o Reconciliation of Citibank Pakistan Equipment and Computers for Audit Preparation
o Disposal of Fixed Assets
o Calculating and Managing Depreciation for Fixed Assets
o Reconciliation of TI Accounts with Fin-Con on Monthly Basis
o Keeping accurate inventory control for all Equipments all over the Branches in the company including, Desktops, Laptops, Printers, ATMs, Scanners, Blackberries and etc which was used for Internal Chargeback system of the company
o Calculating and Charging their Depreciation for each period i.e. Month or Quarter
o Tracking if there is any Variance in charge of Depreciation
o Calculating the total running cost of each branch

Expense Accrual/Monitoring
o Variance analysis and forecasts for Monthly expense
o Payments to all vendors associated to any TI related equipment
o Generate IDD bills for all bank staff and chargeback for any personal calls
o Monitor local bookings and accrue for expenses

Central Bank coordination
o Citi Asia Pacific (APPC) central bank approval/payments/accrual
o Responsible contact for GTT International link central bank approval/payments/accrual
o IVR payments to UAE team approval/payments/accrual
o Contact responsible for all regional one time payments approval/payments/accrual

Tracking variances to Plan
o Telephone billing payments to telecom vendors and alternatives
o Monthly balance sheet review meeting
o Responsible for conducting F&E reconciliation/verification exercise
o Provide inputs to Fin-Con for the Tech Charges Process - Corp/Holding split
o Participate to the regular Fin-Con forums
o Vendor management/coordination

Preparing the annual budget
o Preparing the annual budget.
o Global/Regional Citi products chargeback to Fin-Con
o Determine the rates to charge for CTI products/services
o Budget/Procurement for all the approved Hardware/software

Achievements for major projects