Lucknow, Uttar Pradesh, India
Responsible for Design, Development and Implementation of CMS (Credit Management System) and ORMS (Operational Risk Management System). Responsible for building up the team of Murex Consultants. Involved in Consultancy on Limits and Collateral Management, Risk Architecture and Risk Processes Involved in business development and pre-sales support for products and services. CMS is a bank wide workflow based Credit Origination System. It has been implemented successfully at National Bank of Fujairah, UAE and is live since January, 2012.
Part of Credit and Market Risk Solutions team. Key role in the implementation of the Global Limits and Collateral Management system. Bank implemented this system to get a bank wide single view of counterparties and to enable effective workflow based limits management across banking and trading books. The bank has implemented this through Murex MX.3 and (Murex Limits Controller) MLC Key responsibilities included functional design of functionalities related to -- 1. Large corporate banking, SME, FIs and Syndications business lines 2. Business process mapping of the facility and collateral document lodgment system 3. Integration of Credit Origination System (FACT) and internal rating system (Moodys RA5) with GLCMS 4. Integration of core banking and other transaction systems with GLCMS Collaborate with vendor on configuration of the system in line with the requirements Interacting with bank’s IT resources for implementation of the systems integration logic SME Credit Risk Rating Model Design of the Credit Risk Rating model for SME sector companies and alignment of the rating scale with the Bank’s internal rating scale Implementation of SME Credit Risk rating Models as part of Moody’s RA5 system Preparatory work related to Corporate Rating Model Validation Lending Against Securities Portfolio Monitoring Design and development of VaR based methodology for calculating the coverage levels for lending against securities portfolio of the bank Development of a calculator using Excel and VBA for implementing the policies related to lending against securities Responsible for periodic reporting to top management on the lending against securities portfolio
Part of development team of Adaptiv Analytics as Analyst with ownership of issues related to Adaptiv Analytics at STS, Pune Responsible for Analysis of issues related to Adaptiv Analytics at STS, Pune Evaluation of financial instrument pricing methods and risk measures calculations and development of functional documents Implementation of pricing algorithms and risk measures in Excel and VBA for helping the developers to implement Involved in extension of functionalities related to MonteCarlo and Historal VaR calculations and calculation of Greeks based on numerical sensitivities Evaluation of Accelerated Pricing Algorithms related to Hybrid MonteCarlo for Exposure profile calculation Defining the mapping of various instruments from Panorama (Adaptiv360) to Adaptiv Analytics so that the instrument details and the market data captured in Adapitv360 can be used with pricing functions available in Adaptiv Analytics Development of functional test documents
Credit Risk Rating System: Requirements Analysis, design, development, testing and implementation of Credit Risk Rating Systems (Excel and VBA based). The system has detailed modules for scoring and rank ordering promoters from key industries Financial Analysis Module: Design and implementation of FAM across CARE to standardize and automate financial analysis of manufacturing companies. Key highlight was a Monte-Carlo based scenario anlysis for stressing the financials. Development using Excel and VBA Member of the group responsible for finalizing methodologies for new rating products including ‘Issuer Ratings’, ‘NSIC-CARE Ratings’, ‘SME Ratings’ Responsible for designing the rating system for the SSI and SME sector and also involved in the business development of the product Training of employees of CARE in risk management concepts related to Basel II Role in the Ratings division: Executing credit rating assignments of entities in sectors including power, port, textiles, pipes, chemicals, real estate and off-shore shipping. Involved in client management – interacting with the client and external stakeholders for the purpose of collection of data and development of in-depth financial models.