SUMMARY

• 8+ years’ experience as a Sr. Business Analyst with strong knowledge of Business Requirement Management, SDLC, Testing & Project Management (Focus on CCAR - Market Risk)
• Completed Masters in Quantitative Finance from University of Texas, Arlington.
• Currently working on the IHC CCAR Market Risk Model Implementation at Confidential focusing on VAR, SSFA & Counterparty Default Loss.
• Extensive experience in the Credit/Market Risk Management, Trading & Prime Brokerage
• In-depth knowledge of Risk Concepts - VaR, IRC, SSFA, Limits, Exposures (EAD, PFE, CE etc.), Loss Estimations (Trading, Counterparty, Credit), Credit Value Adjustment (CVA), Risk Weighted Asset (RWA), Option Greeks.
• Understanding of Risk Compliance Regulations - CCAR (Comprehensive Capital Analysis & Review)/DFA (Dodd-Frank Act)/Basel/Volcker etc.
• In depth product knowledge of Derivatives (Vanilla & OTC), Options, Equity Swaps, FX, Fixed Income, Energy Derivatives, Commodities and Equities.
• Experience working end-to-end on IT Systems in Front, Middle and Back Office. Trading Systems, Risk & Compliance Systems, and Finance, Account, Reconciliations, Clearing & Settlement Systems.
• Strong Knowledge of Agile, Waterfall & RUP methodologies and Project Management.
• Well versed in managing projects, creating system flows & business process for large banks and financial companies. Extensive experience making Business Requirement Documents, Functional Specifications, Enterprise Flows, Project Status Reports and Schedules.
• Experience creating Test Plans and Test Cases to test requirements. Experience planning & performing SIT, UAT & Regression Tests.
• Can work in a high pressure environment under tight deadlines with minimal supervision.
• Excellent written and verbal communication skills.

TECHNICAL SKILLS

Business Systems: Capital IQ, Bloomberg, Fidessa, FactSet, Reuters

Testing / Version Control: HP Quality Center, Rational Clearquest, Perforce, Altissan JIRA, Rational Clearcase, MS SharepointDocumentation / Planning MS Office, MS Project, MS Visio

SDLC Methodologies: RUP, Agile, Waterfall

Languages / Protocols: VBA, VBScript, XML, UML, SQL

Databases: Oracle, Sybase, MS SQL Server, My SQL

Platforms: Windows, Mac, UNIX

PROFESSIONAL EXPERIENCE

Confidential, NY

Sr. Business Analyst

Responsibilities:

• Managed the end-to-end IT delivery and SDLC for the CCAR Auto Regressive VaR (Value at Risk) and SVaR (Stressed Value at Risk) models for CCAR 9Q projections. VaR was the single largest contributor to CCAR Market Risk RWA.
• Worked alongside the VaR Projections Model Owners (MDs & Senior Managers) and external consultants (Oliver Wyman) to analyze the cluster level availability of VaR data required for calculating the projected RWA.
• Extensively used MARS (Market Risk System) to analyze the extracted VaR component data for missing values and historical risk type contribution availability. Created specifications for backfilling the Market Data required for calculating the missing VaR Components
• Created business requirement documents for VaR Components (P&L Strips - TIMESERIES VaR, VaR & Risk type contributions - XM & ZCXMOVE VaR)
• Created detailed specifications, Visio process flows and requirements for all the systems involved in implementation of the Auto-Regressive VaR Model on the Projections Platform. Created functional IT system-level specifications from model documentation and business requirements.
• Created the flows to show the aggregation to the IHC Level and the flow to the FR Y-14 A
• Created weekly status reports with milestones, key dates, risks for the Market Risk models.
• Worked alongside the CCAR Risk Governance and CCAR Internal Audit team members to list out the Control requirements for executing the VaR model.
• Verified the VaR data extraction timelines to ensure a match with the firm level recon & adjustments timelines.
• Reviewed the requirements with the VaR methodology team, VaR Model Owner and Offshore teams to verify the requirements and obtain sign-offs.
• Created the runbook to execute the model in dry-run and go-live. Assisted with the back-testing requirements.
• Extensively used Excel/VBA and SQL to test the VaR model.
• Managed the final list of the historical and projected MEFs (Macro Economic Factors) required for VaR model development - iteratively identified over repeated test cycles.
• Tracked the issues found during model developement, updated and managed the RAID Log for Market Risk Models.
• Listed the management reports required for substantiating the final RWA numbers to the Cluster Heads, Enterprise Risk Management (ERM) team and LOB heads.SSFA (Simplified Supervisory Formula Approach - Non Agency Residential Mortgage backed Securities)
• Created the initial delivery plan for calculating the Non-Agency RMBS 9Q projected RWA by analyzing the dependencies of the various BAU Mortgage Models.
• Conducted meetings with the NA RMBS Projections Model Owner, Individual BAU Mortgage Model owners and external consultants to create a timeline on the delivery of system changes.
• Created use cases on the modifications required in the individual BAU Models
• Worked very closely with the NA RMBS RWA Projections Model owner to list out the Control Requirements for model execution in the Projections Platform.
• Created specifications for building a SSFA Calculator & EUC for the LoB Projections Overlay tool required for the NA RMBS RWA Calculations.

Confidential, NY

Sr. Business Analyst

Responsibilities:

• Did a complete assessment of the early work done by external consultants; identified gaps and created a high-level initial plan for performing the Global Market Shocks and Counterparty Default using current BNPP capabilities.
• Conducted meetings with the Risk Managers (local and off-shore) to understand in-scope products, and current capabilities for applying shocks. Major products were Treasuries, Repos and Commodities (Energy Derivatives)
• Performed a detailed analysis of the requirements from Fed, and worked with Senior Management to validate and sign-off.
• Created the project schedule, project cards, test plan and delivery plan for the project
• Conducted a detailed analysis of FR Y-14A Schedule A.4, A.5 and FR Y-14Q Schedule F and L to understand end state requirements.
• Worked alongside the data aggregation and transformation team to understand and validate the data for populating the Schedules.
• Created a detailed map which showed the risk factor mappings from the Fed scenarios to the system specific risk factors in the Market Risk System.
• Worked extensively on Fidessa FO equities, Sophis Equity Derivatives, Calypso CDS which are Front Office Trading & pricing systems.
• Created specifications for loss estimations under Trading Losses, Counterparty Default Loss, CVA Loss and Issuer Default Loss.
• Worked alongside testers, developers and support teams to create the environments, test plans and test cases for performing the shocks.
• Managed schedules, expectations and plans to integrate the Global Market Shock and Counterparty Default Scenarios into IHC wide dry runs.
• Created Business Requirements and Functional Specifications for integrating products from subsidiaries into the BNPP Systems.
• Compared the Taylor approximations using Option Greeks to the Full Re-Pricing done by the Front Office and noted the divergence.
• Participated in the UAT alongside risk managers. Used feedback to improve testing strategies.
• Managed a team of Testers and Business Analyst.

Confidential

Sr. Business/Operations Analyst

Responsibilities:

• Ensured smooth flow of Trade Cycles. Main Tasks involved Trade Capture, Risk management and Client Reporting.
• Pulled Term sheets from the risk management system – Imagine & Goose to check the trade details and notify discrepancies to the traders. Created a detailed requirement document of all the requested enhancements.
• Analyzed the term sheets to calculate coupon payments for Equity Derivative Trades.
• Worked extensively on Energy, Equity & Credit Derivative products such as Credit Default Swaps, Equity Swaps, Dividend Swaps, Equity Linked Notes, Mid Term Notes, Crude Oil Options and Exotic Options
• Worked on the Bloomberg terminal to pull out initial valuations such as price, dividends and reconciled with the term sheets. Managed the project for automation of the process.
• Extracted discount rates ( zero swap curve) and credit spreads for the credit derivative trade valuations
• Validated and monitored trade entry, work flow and trade blotter on the Imagine & Goose systems
• Create daily Taichiagai reconciliation report for the Tokyo desk using Market Data
• Analyzed Exotic Option trade term sheets for valuation checks. Exotic Options traded on a regular basis were Asian options, Barrier options, Binary Options, Bermuda Options and Cliquet Options.
• Executed the Clearing and Settlement of the trades through the Euro Clear system.
• Managed DB tickets raised by the Docs team and actioned their request to avoid back logs on Imagine & Goose System
• Verified coupon calculations with the traders before the pay outs were processed in Euro Clear.
• Analyzed out of currency trade dividends for illiquid positions.
• Updated the life cycle events such as Contingent Coupons, Credit Events & Final Settlement on the client interface. Followed up with the EIMG team after a life cycle event for updating Term Sheets
• Monitored DB Autobahn for the FX trade expiries and coupon payments

Confidential

Sr. Business/Operations Analyst

Responsibilities:

• Managed the requirements for the confirming the Trade Booking on the Estar Terminal
• Created detailed specifications for reconciling the Swap Book to the Trading Book on a daily basis. Created additional requirements for enhancing the reconciliation systems to include Trade Aging, Annotations etc.
• Checked electronic trade confirmations from Term Sheets, monitored corporate actions, and currency actions on poorly traded currencies since the desk catered to EMEA markets.
• Tracked the spreads applied on illiquid shorts by clients. Edited the spreads if the default differed from the stock lending desk quotes. Coordinated with the stock-lending desk for updated spreads.
• Set up stock loan rates for the clients on the basis of their trading volume and commissions.
• Prepared analytical reports on the spread book showing weekly balances, week-on-week change and YTD figures.
• Monitored and reported the corporate actions (Voluntary, Mandatory and Mandatory with a choice) on Bloomberg.
• Analyzed the Client Trade setup and ISDA documentation for discrepancies.
• Prepared Quarterly Tax Credit reports for Client Positions. Prepared bimonthly client commission agreements to evaluate soft dollars due for clients.
• Prepared customized and ad-hoc reports in excel for Swap Traders.
• Responsible for the settlement of all equity swap income streams (dividends, performance and financing) and the resolution of any incidental discrepancies. Discrepancies typically involved differences in stock and dividend prices, the corporate action option taken, financing, commission and spread rates used and swap structure/reset set-up and position variances.
• Key Systems used were Estar, Bloomberg and MS Excel.

Confidential

Sr. Business Analyst

Responsibilities:

• Created requirements for enhancing the platform based on trader/client requirements.
• Worked with several liquidity banks to add automated quote systems, which provided liquidity tiers when a new RFQ was added.
• Created and Tested requirements to interface with Client APIs. Created detailed documentation on system specifications.
• Lead the project of creating an end-to-end reconciliation flow from the Trading System through the Back Office Settlement. This was done using the current STP (Straight through Processing) infrastructure.
• Created a suite of Regression Tests which were run after every release. These were constantly enhanced as new features were added.
• The scenarios covered interactions between multiple users (brokers, traders etc.) from multiple banks (liquidity banks, dealing banks) as well as handled all types of options strategies (straddles, strangles, risk reversals, butterfly, spreads etc.) for all currency pairs across all tenors and cuts. The trade direction, volatilities and delta hedge were also taken into account.
• Worked with Traders to create a web-based interface for a desktop system for Pricing and RFQ.
• Created various trade confirms and EOD reports based on requirement of Option Trades.
• Address all the aspects of the loan life cycle, starting from origination to loan closure.
• Used standard Business Analysis methodology centered on RUP
• Designed and developed Use Cases, project plans and managed scope
• Provided Key inputs in working with users in defining project and system requirements.
• Functioned as the primary liaison between the business line, operations and the technical areas throughout the project life cycle.
• Responsible for product documentation and resource gathering from other teams involved in the project.
• Assisted with back testing and Integration of the loan life cycle system.