Aanchal Verma
Summary
Seasoned team leader with over six years of experience in the financial sector, specializing in streamlining financial reporting procedures for a global banking leader. Demonstrated success in significantly improving accuracy and efficiency. Adept at articulating strategic vision and goals with precision, fostering consensus among diverse stakeholders, and building strong networks. Known for a holistic approach to problem-solving, consistently achieving strategic objectives while maintaining a sharp focus on operational excellence and ensuring high client satisfaction.
Overview
8
8
years of professional experience
Work History
Team Leader
Bank Of America
06.2021 - 05.2024
- Monitored team performance and implemented a new performance tracking system that improved team efficiency by 10-12 % leading to a reduction in project delivery time.
- Managed day to day accounting process, financial analysis and financial management reporting.
- Entrusted with responsibility to manage Regulatory reporting,
Legal Entity reporting and forecasts for Bank of Korea . - Conducted detailed financial analysis to identify and evaluate
changes in operations, trends and potential areas of
improvement. - Facilitated smooth month-end close processes by efficiently
reconciling accounts and addressing discrepancies promptly. - Entrusted with responsibility to support new enhancements and application such as Alteryx .
- Responsible for executing changes to finance system and
ensuring internal governance and reporting system of
applications are operating smoothly from functional perspective. - Streamlined workflows for increased efficiency, reducing turnaround times for critical tasks resulting in a 8-10 % increase in productivity over time period.
- Responsible for documentation, interpretation and
communication of regulatory and other reports. - Performed daily, monthly and quarterly 70+ Journal entries related to funding requests and other charges.
Financial Analyst
London Stock Exchange Group
06.2016 - 05.2019
- Managed daily operations to ensure End-of-Day (EOD) prices of financial instruments were accurately stored and displayed on products.
- Handled Fixed Income exceptions on EJV/NDA databases, resolving issues promptly to minimize operational disruptions by 5-6 % and ensure compliance.
- Executed tasks related to RIC's (Reuters's Instrumental Codes) including addition, classification, mapping, renaming, tagging, and removal, enhancing data integrity and accessibility.
- Ensured accurate linkages of terms and conditions with bonds in the respective database, improving data coherence and usability that re duced processing errors by 12-14 % , resulting in improved data accuracy and client satisfaction.
- Led critical projects on scaling factor adjustments, TTWB content additions, and migrations such as TWEB IDN to Elektron and Mauritius IDN to Elektron, achieving seamless transition resulting in a 8-10 % increase in operational efficiency and client retention.
Education
MBA - Finance
ICFAI Business School
Hyderabad05.2021
Skills
Fixed Asset Management
Variance Analysis
Month-end reports
Microsoft Office
Alteryx Platform
Regulatory Reporting Experience
Timeline
Team Leader
Bank Of America
06.2021 - 05.2024
Financial Analyst
London Stock Exchange Group
06.2016 - 05.2019
MBA - Finance
ICFAI Business School
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