Harikumar Makkara

Strategy & Business

• Support the CFO, CEO Americas & Regional Management Teams to drive a high performing, sustainable business
• Ensure that the Liquidity risk management and Fund Transfer Pricing (FTP) framework is appropriately and consistently applied in.
• Support the Regional Leadership and ALCO with insightful analytics to drive the balance sheet performance.
• Act as a key conduit between Group Treasury and country.
• Provide Liquidity and Balance sheet management expertise, advice and an independent challenge to the businesses.
• Lead the monthly and adhoc ALCO discussions
• Lead the Annual Balance sheet Budgeting exercise
• Ensure continuous compliance to the critical documents like Contingency Funding Plan, Fire drill exercise, US Resolution Plan etc.

People & Talent

• Provide a strong leadership to the Balance Sheet Management team and to the outsourced hubs developing the skills and careers of individuals in the team.
• Build the appropriate culture and values for the team and equip the team to work in collaboration with risk and control partners.

Risk Management

• Oversee the operational risk of the Treasury and BSM function
• Ensure continuous monitoring of risk and control indicators.

Regulatory & Business Conduct:

• Represent the NY branch in interactions with the external and internal regulators for BSM and Liquidity Risk.
• Embed the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank.
• Lead the Americas Treasury and BSM Team to achieve the outcomes set out in the Bank’s Conduct Principles

• Lead the local liquidity risk teams
• Key responsibilities include setting up local policies and processes to proactively identify material drivers of liquidity risk and make recommendations for effective Monitoring and reporting of Liquidity Risk
• Escalate all material non-compliances to the policy owner for policies and standards
• Review and approve Balance sheet liquidity exposures and limits as well as the country addendums for the Regional operations of the Bank
• Set up effective Management Information system and provide key metrics to the Top management on a timely basis
• Ensure compliance to Liquidity Risk Limits
• Proactively identify material drivers of Liquidity Risk and make recommendations for improving Risk management process
• Keep abreast of the material regulations issued by the FED relating to liquidity risk and update the Group Treasurer of such regulations
• Escalate material non-compliances to the Risk Type Framework to the Global Head of Treasury Liquidity.

• Support Liquidity Risk Head on Regulatory initiatives such as BASEL III liquidity framework, Individual liquidity Adequacy Assessment and PRA deep drive preparation
• Review of Liquidity Policies & Practice guides
• Assist the liquidity Risk Head in continuously enhancing the Bank's liquidity risk policies and practice guides
• Periodically review liquidity policy & practice guide adherence for all countries and identify exceptions for Management action
• Implementation of Liquidity Policies & Practice guides
• Support regional and Country Risk managers by providing guidance on implementing Liquidity policies and practice guides
• Product program Review
• Responsible to ensure the Market & Liquidity Risks are correctly measured and captured for new products
• Ensure that the systems capture the risk correctly and reflects the same in risk reports
• Engagement with Central Treasury Team
• Assist the central Treasury Team on to provide necessary MIS on quarterly residual gap summary for PRA submission & information for FCRRP management action plans
• Preparation of Liquidity Management Committee (LMC) and Group ALCO (GALCO) papers
• Responsible for ensuring individual country's adherence to the Group Liquidity Risk Limits and provide appropriate MIS to LMC & GALCO.

• Responsible for the daily liquidity & interest risk analysis and reporting for ALM desks in Singapore, Mauritius and Brunei
• MAS Industry wide Stress Test
• Perform the Annual Industry wide stress test requirement from Monitory Authority of Singapore (MAS) for the Non-Trading book and Liquidity risk
• Change Management
• Handled change management in Regulatory returns relating to liquidity like MAS 613 by seamless implementation of new reporting requirements from MAS
• FERMAT Implementation
• Successfully lead the roll out of FERMAT system in Singapore, Mauritius and Brunei for Market Risk resulting in massive time saves and better controls
• Standardisation of Risk Management processes
• Standardised the risk management processes in the South East Asia
• Review of ALCO submissions
• Ensure accuracy and timeliness on the Risk Management Papers and MIS that goes to the ALCO
• Audit and Compliance
• Key point of contact for Internal and Statutory audit of Liquidity and Market Risk
• Risk & Regulatory Reporting
• Responsible for the daily liquidity & interest risk analysis and reporting for ALM desks in Singapore, Mauritius and Brunei
• Business Integration
• Supported the Market and liquidity risk report integration process between Standard Chartered and American Express bank.

• Responsible for preparing & analyzing financial and management reports and preparing forecasts.

• Managed Internal and Statutory audit of big corporates in India and advised the senior management on improving internal controls.