Manish assisted with analyzing and assessing critical and complex transactions from an accounting compliance standpoint and advised business segments on their potential financial statements impact. He has advised banks on commercial lending transactions, community development transactions, tax credit structures (including affordable housing tax credits and other energy credits), mortgage lending, structuring of stock-based compensation, business combinations, hedging (fair value and cash flow), and securitization transactions. He assisted business segment controllers with developing manual processes where systemic limitations would not allow the bank to handle the transaction through its IT platform. Manish also helped the broker-dealer subsidiary of the bank to start with its to-be-announced (TBA) business by assessing the nature of the instruments to be reported on the financial statements and determining the entity’s required net capital under SEC Rule 15c3-1 for the expanded business. Manish further documented the guidance, analyses performed, and the conclusions reached for control and audit trail purposes.

Note: This work was performed prior to joining Stout.