Hedge accounting advisory for large regional bank

Hedge accounting advisory for large regional bank

Manish helped a large regional bank scale its hedge accounting program. He collaborated with the treasury department of the bank and assisted them in analyzing the new hedging strategies from an accounting practicality standpoint. He helped the bank identify the population that could be hedged as a portfolio and created a layered cash flow hedge program where the bank hedged the majority of its interest income generated from LIBOR- and SOFR-based commercial loans. Manish also assisted with treasury controllership and assisted the team with creating accounting processes to cater to the expanded program. He also assisted the SEC reporting team with the appropriate disclosures related to the hedge program.

Note: This work was performed prior to joining Stout.