Pushparajan Saranya
Summary
As a Country Treasury Associate, I have developed a strong foundation in analysing financial instruments and managing key capital and liquidity metrics. I support assessment of financing transactions and capital injection proposals, analysing their impact on leverage, risk metrics and returns. In addition, I refine forecasting models and collaborate closely with finance, risk, and trading teams to steer funding strategies in response to evolving market conditions. Leading several business-driven automation projects has further enhanced my product knowledge and ability to translate complex financial analysis into actionable recommendations in a fast-paced environment.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Treasury Finance & Corporate Bank
- Streamlined balance sheet substantiation using Python and VBA, enhancing accuracy of trading desk’s positions
- Optimised funding and accruals process of consolidating historical and forecasted positions across flow, investment and risk management portfolios using Python and VBA
- Developed a Power Query workflow on balance-sheet alignment, reconciling commercial loan volumes with treasury funding systems
Accounting & Sales Intern
EZPZ Pte Ltd Singapore
12.2020
- Managed post-sales documentation and maintained e-commerce platforms e.g. Lazada, Shopee
- Prepared and packed goods for delivery to businesses clients and end consumers
Country Treasury Associate
Deutsche Bank AG Singapore
07.2023 - Current
- Lead Liquidity Coverage Ratio (LCR) and Stressed Net Liquidity Position (SNLP) forecasting and buffer optimisation, actively managing liquidity risks through FX swaps and funding strategies
- Partner with Asset and Liability Committee (ALCO) and trading teams to assess short-term liquidity and drive strategic initiatives in line with global currency market trends, including reduction of EM Asia CRD4 leverage via internalisation, mitigation of concentration risk and optimisation of cross-border EUR/JPY swaps
- Oversee desk-level liquidity P&L, dNII and dEVE analyses under Fund Transfer Pricing methodologies and Basel III frameworks
- Assess structured trade proposals and funding transactions from Global Emerging Markets and Global Financial Credit Trading teams, performing financial impact analysis on capital, leverage, trade risks (IRRBB, VaR) and advising on risk mitigants
- Monitor intraday collateral buffers across G10 currencies and fund accessibility under stress scenarios
- Lead capital injection proposals for subsidiaries, analysing capital structure, regulatory constraints and projected returns to optimise group capital allocation
- Calibrate inter-branch funding limits, ensuring effective liquidity steering and alignment with strategic treasury objectives
- Optimise subsidiaries’ balance sheets and investment portfolios on cash sourcing, risk-weighted assets (RWA) and FX hedging strategies (e.g. non-deliverable forwards, structural FX CTA hedging) while ensuring regulatory compliance
- Test asset monetisation channels, evaluating access to unencumbered assets and unwinding of market risk hedges, recalibrating monetisation caps as necessary
- Drive the annual Contingency Funding Plan exercises, performing liquidity stress tests and determining appropriate countermeasures under crisis scenarios
- Develop ALCO, regulatory and board-level presentation materials detailing impact of recent market events on branch performance and treasury actions across capital management, treasury investments, liquidity and fund transfer pricing
- Conduct back testing of cash flow forecasts across businesses, refining forecasting models and financial planning strategies
- Head Business Continuity Management process for Singapore Treasury, managing business disruption risk
- Track regulatory metrics e.g. MAS 1111, Capital Adequacy Ratio, Asset Management Ratio, Adjusted Capital Funds using VBA/Python, maintaining compliance and sound financial management
- Streamlined LCR and SNLP forecasting process using Python and created analytical dashboards to analyse key drivers
- Performed User Acceptance Testing of a real-time intraday transactions analytics tool in collaboration with technology and operations teams, enhancing the accuracy of SWIFT transaction reporting
- Country Treasury Analyst
- Mar 2016 - Present
- Jun 2024 - Feb 2026
Global Financial Credit Trading
Graduate Analyst (CFO)
07.2023 - 05.2024
- Automated deal level P&L and bond valuation/amortisation using Python and built analytical dashboards to analyse profitability and positions across financing and trading books with at least eight hours of time savings
- Performed IFRSG credit and loan loss analysis on commercial and asset-financing portfolios, providing variance commentaries on pricing, reserves and returns
- Analysed complex loan structures (e.g. interest unwinds) and accounting breaks working alongside with Transactions and Policy Advisory Group and Credit Risk teams
- Supported restructuring of trading book architecture and syndication deal analysis, evaluating upfront profit recognition
- Global Emerging Markets
- Designed and implemented a new workflow for China regulatory reporting on bond forward products, leveraging existing trading and risk system architecture
- Identified and remedialed control gaps across Business impacting trading and financing activities
- Delivered Python upskilling to colleagues, improving efficiency of trading support workflows
- Automated FX trade reconciliation (spot, forwards, swaps) using Python, improving monthly P&L accuracy and visibility over FX exposures
- Built a Python workflow for contractual netting and valuation of derivative instruments under MAS SAB 108
Data Analytics Intern
Mothership, Singapore
02.2023 - 05.2023
- Built the editorial content and commercial performance dashboards using Google Analytics and Looker Studio platforms
- Spearheaded analysis of 2023 Q1 & Q2 Internal Feedback Survey and Staff Performance Review using Tableau
- Conducted basic training for staff on the usage of dashboards and visualisation platforms
Year-end Tax - Knowledge, Analytics and Solutions (KAS) Intern
PwC Singapore
12.2021 - 01.2022
- Monitored digital service taxes (DST) developments and shared insights with client facing team
- Documented Section 95 trends including case volumes and penalties for internal knowledge sharing
- Conducted cross-country tax system research for client facing teams
Audit & Assurance Intern
Deloitte Singapore
05.2021 - 08.2021
- Performed controls testing of financial statements, substantive testing in key balance sheet areas
- Applied excel analytical tools in processing of client’s data and documented business write-ups and performed file checks for archival
- May – Aug 2022
Intern
Raffles Medical Group Singapore
01.2019 - 05.2019
- Efficiently registered over 100 patients daily, met workflow targets and provided professional, patient-focused support with positive feedback from supervisors
Education
Double Degree in Accountancy & Business Analytics - Accountancy & Business Analytics
Nanyang Business School, Nanyang Technological University
Singapore06.2023
GCE ‘A’ Level - undefined
Raffles Institution
12.2018
Skills
My roles thus far hqve significantly enhanced my awareness of market dynamics, instilling a deep understanding of how financial institutions navigate complex financial environments and optimise their balance sheets for maximum returns Coupled with my current pursuit of the Chartered Financial Analyst (CFA) programme, I am eager to leverage my growing expertise to drive impactful solutions
Certification
- Chartered Financial Analyst (CFA) - Successful completion of Level I (Aug 2025) In progress
- Singapore Chartered Accountancy Qualification (SCAQ) - Successful completion of 3 out of 4 Professional Programme modules In progress
- Google Data Analytics Certificate - Google 2023
- SINDA Excellence Awards - GCE ‘A’ level & Tertiary Education 2023 & 2019
- International Risk Management Case Solving Competition 2021 - CRMS Indonesia (Winner) 2021
- Audit & Accounting Challenge - NTU NBS Audit and Assurance Club 2021
- Certificate in Introduction to Accounting Data Analytics and Visualization - University of Illinois 2020
- Cyber Defenders Discovery Camp - DSTA (Cyber Explorer Bronze course) 2020
- Raffles Diploma - Community and Citizenship (Distinction) 2018
LEADERSHIP & COMMUNITY INVOLVEMENT / OTHERS
- MINDS MYG: Volunteer at the Towner Gardens School Mar 2024 - Present
- NTU Welfare Services Club: Member and vice-chairperson (AY 2020/2021) of Vision of Hope Regular Project Sep 2019 - June 2023
- Written and spoken languages: English, Tamil, Mandarin (Intermediate), Malay (Beginner)
Affiliations
I am concurrently serving as vice-chairperson of a service project for the visually impaired has fostered a collaborative and mission-driven approach to leadership. Organising initiatives like IT skills development programmes strengthened my teamwork and stakeholder management capabilities. These experiences, combined with my work background, have honed my communication skills, which I recognise as essential for effective coordination.
Timeline
Country Treasury Associate
Deutsche Bank AG Singapore
07.2023 - Current
Global Financial Credit Trading
Graduate Analyst (CFO)
07.2023 - 05.2024
Data Analytics Intern
Mothership, Singapore
02.2023 - 05.2023
Year-end Tax - Knowledge, Analytics and Solutions (KAS) Intern
PwC Singapore
12.2021 - 01.2022
Audit & Assurance Intern
Deloitte Singapore
05.2021 - 08.2021
Accounting & Sales Intern
EZPZ Pte Ltd Singapore
12.2020
Intern
Raffles Medical Group Singapore
01.2019 - 05.2019
Treasury Finance & Corporate Bank
Double Degree in Accountancy & Business Analytics - Accountancy & Business Analytics
Nanyang Business School, Nanyang Technological University
GCE ‘A’ Level - undefined
Raffles Institution