Rupesh Karanjawala has over 20 years of experience in treasury operations at Axis Bank, where he currently serves as Vice President. His responsibilities include developing and approving treasury products, framing policies and processes, product implementation, and ensuring regulatory compliance. Prior to Axis Bank, he worked at Rama Newsprint and Papers for 1.5 years in finance and accounting. He has expertise in rupee and foreign exchange products, and qualifications include a B.Com, CA, and computer skills in Microsoft Office.

1. RUPESH N. KARANJAWALA
403/C, MAHATRE PLAZA, M.G.ROAD, DHANUKARWADI, KANDIVALI (WEST), MUMBAI – 67
Mobile No. 98219 37428
E-mail rupeshkaranjawala@rediffmail.com, rupeshkaranjawala@gmail.com
Company - Axis Bank Ltd.
Designation: Vice President From: July– 2000 to till date
Working in Treasury vertical (operations), profile includes devising product and get it
approved by PMC/CMC, framing / reviewing policy, defining process, IT (system)
solutions, documentation, Settlement, Accounting & Reconciliation, Valuation, Internal
/ regulatory MIS reporting, coordination with audits (Internal, Concurrent, statutory and
RBI). Handling Treasury products like securities, ALM, forex and derivatives.
Key responsibilities:
 Framing / review of processes and policies related to Treasury rupee as well as FX
products (Domestic as well as overseas branches) i.e. Investments, Derivatives,
Forex
 Product development – get it approved by Product Management committee /
change management committee.
 Providing functional inputs to vendor / IT, Coordinating with Vendor / IT for system
development / enhancement
 Categorisation of each and every derivatives customer as per suitability and
appropriate (S&A) model and ensures S&A metrics
 ISDA documentation and implementation of framework for credit support annex
(CSA). Device a proper documentation policy by putting in place pre trade and
post trade checklist at deals level
 Ensure that all the transactions are process and settled accurately & promptly
 Valuation of Investments, Derivatives and FX as per RBI / FIMMDA / FEDAI / Internal
guidelines
 Accounting as per the relevant standards / guidelines
 Generations of Various Internal MIS & Regulatory reports
 Treasury income and cost budgeting, MIS on product profitability
 Calculate and report dealer-wise profit and loss for treasury dealing room &
monitoring dealer-wise stop loss limit and PV01 limit
 Deal wise calculation of RAROC for all derivatives transaction
 Analysis of breaches in market risk limits / dealer-wise risk limits and takes
appropriate action to minimized, ratification of limits
 Coordination with RBI Auditor, Statutory Auditor, Concurrent Auditor, Internal
Auditors and Compliance auditors. Manage and coordinate Concurrent,
Revenue, Systems, Compliance, Internal, Statutory, Management and RBI audits
 Ensure imparting proper Job knowledge & adequate training to staff / managing
performance appraisal
 Identification of inherent Risk and implement efficient and effective controls to
mitigate compliance, operational or financial reporting Risk

2. Achievements:
 Successfully implemented treasury accounting under IFRS
 Part of champion group for devising the Risk Appetite Statement (RAS) for
Treasury
 As a part of Merit Pool completed Business Leadership Programme (BLP)
conducted by ISB, Hyderabad
 Project manager for implementation of derivatives software Summit
 Single point of contact (SPOC) for RBI RBS and Statutory audit
 Member of Investment committee
 Part of core committee for implementation of Ind-AS
Company - Rama Newsprint and Papers Ltd.
Senior Officer – Finance From - Feb 1999 – July 2000
Engaged in the manufacture of newsprint, writing and Printing papers and coated
magazine papers having its Plant near Surat in Gujarat.
♦ Preparation of daily finance position by analyzing cash flows.
♦ Liaison with financial institutions for Re-shedulement of loan, no objection
certificate for creation of pari passu charge on property, etc.
♦ Preparation of monthly MIS reports, budgeting, ratio analysis.
♦ Preparation of quarterly and annual accounts and liaison with auditors.
SKILLS:
In-depth understanding of Rupee and FX products (including all variants of Treasury
products comprising Govt. securities, Corporate Bond, Equity, Mutual Fund, Derivatives
and Forex). Ability to maintain cordial relationship with cross functional department
(Mid office, Back office, IT dept., Compliance dept., Inspection & Audit, F&A
department.
QUALIFICATIONS:
B.Com March – 1994
Chartered Accountant November – 1998
Computer Knowledge Working knowledge of Microsoft Excel, Microsoft
Word, Power point
PERSONAL DETAILS:
BIRTH DATE 30th
June 1974.
LANGUAGE English, Hindi, Gujarati.
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BEST SUITED FOR FOLLOWING DEPARTMENTS:
Treasury Operations
Treasury – Control function
Treasury Mid office
Market Risk
Compliance department
Inspection and Audit

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