Nitesh Chhetri

Associate Partner

Pune, Maharashtra, India10 yrs 11 mos experience

Highly Stable

Key Highlights

Expert in Credit Risk Reporting and Basel compliance.
Proven track record in financial reporting and automation.
Strong leadership in managing cross-functional teams.

Stackforce AI infers this person is a Fintech expert with strong capabilities in financial reporting and credit risk management.

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Skills

Core Skills

Credit RiskProject ManagementFinancial ReportingUsgaap

Other Skills

Credit Risk ReportingData Collection and AnalysisAutomation and driving changesTeam ManagementManagement presentationFinancial InstrumentsFinancial and Regulatory ReportingMicrosoft ExcelAccounting

Experience

10 yrs 11 mos

Total Experience

3 yrs 10 mos

Average Tenure

3 yrs 2 mos

Current Experience

Ubs

Associate Director

Mar 2023 – Present · 3 yrs 2 mos · Pune, Maharashtra, India · Hybrid

Performing complex reporting such as Credit risk reporting for APAC region, Quarterly portfolio reviews, Branch/location reporting, Regulatory reporting for Credit Suisse specific positions
Managing a team to ensure timely and accurate completion of all deliverables, involved in their year-end feedbacks and ratings.
Led the successful transition of key regulatory reports for Singapore regulator, which involved liaising inputs from various stakeholders and ensuring quality and timely delivery
Making sure key monthly and quarterly regulatory reports are submitted and catering to regular/ad hoc queries from regulators especially Singapore and Hongkong regulator reports
Catering to ad hoc and time sensitive integration related requirements from internal teams and senior management
Successfully automated and reduced operational errors across reporting deliverables which improved productivity and thereby enhancing the quality of the submissions.
Collaborated with cross-functional team to streamline various processes.
Maintain & Monitor data quality including resolving and timely escalation of issues to ensure smooth and on-time delivery of the submissions.
Involved in smooth transition of work across different geographies to eliminate risk of errors and align with top management's objectives.
Leading management discussion on process improvements, involved in calls with IT team to ensure data integrity across multiple systems.
Constantly working on creating backups, resolving issues of teams & process optimization, so that create a better and healthy work environment

Credit RiskProject Management

The d. e. shaw group

Manager

Dec 2021 – Feb 2023 · 1 yr 2 mos · Hyderabad, Telangana, India

Preparing & distributing monthly/quarterly/annual financial statements of the hedge funds in accordance with US GAAP requirements.
Periodic return computations, calculation & allocation of applicable fees.
Review and finalization of monthly account statements and financials for a diverse range of funds, ensuring compliance with accounting standards and regulatory guidelines.
Successful involvement in the closure of a private equity fund
Stakeholder management through resolving queries of auditors and administrator.
Maintaining Capital and related activities for the funds.
Responsible for gathering requirements for development and continuous enhancement of proprietary accounting tool and working with IT partners to build the requirements, carry the UAT tests and production tests.
Continuous engagement on projects associated with annual audit, process improvement and standardization of notes & disclosures.

Financial ReportingUSGAAP

Credit suisse

2 roles

Assistant Vice President

Promoted

Jan 2020 – Nov 2021 · 1 yr 10 mos

Overseeing the Production and reporting of Leverage BAU reports.
Driving Self-Assessment exercise for Leverage rules implementation across regulators.
Coordinate BCBS rule changes for leverage and implementation to BAU processes.
Cross team coordinations across IT, Front Office, Accounting teams, Product control etc.
Preparing the Pillar 3 disclosures for Leverage exposure for FINMA.
Monthly ledger reconciliations and other BAU tasks.

Financial Accounting Analyst

Apr 2015 – Jan 2020 · 4 yrs 9 mos

MIS and Reg Reporting - Leverage Ratio per Basel III Regulations
Preparation and reporting of MIS leverage exposure for dailies and month end.
Preparation of various BAU and other reports for internal and external stakeholders.
Stakeholder Management for leverage queries
Detailed understanding of Basel Leverage Ratio rules especially calculation rules on the Off Balance Sheet exposures.
Handling adhoc requests.
Implementation of new developments and reporting requirements