Tamás Farkas

⦁ Manage and Lead the 50+ member APAC local FX, Rates and Markets Treasury Product Control team
⦁ Coordinate and develop the daily P&L, PAA and Balance Sheet reporting, task allocation and controller's development in APAC local markets product control team
⦁ Change the country based reporting to Product based and create new teams after the company reorganization
⦁ Analyze control gaps and implement remediation through the standardization of reporting, controls, and analysis processes.
⦁ Being the contact person for local regulators (HKMA, MAS, RBI, etc.), internal and external audit, operation, front and middle office

⦁ Identified opportunities to improve business process flows and productivity.

⦁ Manage and lead Delta One Product Control team with 10+ controller
⦁ Plan and coordinate the team members development, the team's strategy and task allocation
⦁ Providing insight into key P&L drivers and substantiating Balance Sheet movements
⦁ Automating manual processes and implement tactical fixes to improve efficiency and decrease the risks
⦁ Keeping in touch with internal and external auditors, middle office, valuation control, treasury and other Product Control departments

⦁ Lead the 3 member exotic derivatives and 6 member hybrids product control teams
⦁ Plan and coordinate the team members development, the team's strategy and task allocation
⦁ Represent the team on different forums
⦁ Run the hybrids desk migration from North America to EMEA
⦁ Keeping in touch with internal and external auditors, middle office, valuation control, treasury and other Product Control departments

⦁ Lead the EMEA reporting team with 3 members
⦁ Collect, evaluate, format and present the monthly, quarterly and annual results of the product groups
⦁ Organize and chair the monthly and quarterly meetings with the key department leads
⦁ Implement new standards and strengthen the control environment
⦁ Participate in the company level report harmonization project

⦁ General Process Review on Equity product control
⦁ Process Automation
⦁ Centralization
⦁ Simplification

⦁ Team leading related tasks as the direct manager of 2 individuals
⦁ Calculate and report the default risk of the Citi issued structured notes
⦁ Volcker reporting implementation and PAA analysis implementation
⦁ Ad-hoc projects to develop the control infrastructure and facilitate business growth

⦁ Ensure that market-leading standards are achieved through continuous development and maintenance of strong controls
⦁ Implement and use PAA methodology on daily level and ensure the correct Volcker commentaries
⦁ Raise IMRs and manage the related projects
⦁ Ad-hoc projects to develop the control infrastructure and facilitate business growth.
⦁ Coordinate the daily work of the Team

⦁ Review of daily P&L's. Includes: review with traders and explanation of P&L movements to management
⦁ Ensure that the firm's risk portfolios are fairly valued
⦁ Interaction with Traders, Middle Office, Risk Management and Accounting Policy on review complex transactions for pricing, reserving and control issues.
⦁ Reconciliation between front and back office systems