ANKIT SINGH
V
Navi Mumbai
Summary
Investment Risk Team Lead with 10+ years of experience in developing and implementing market risk management systems and processes, including covariance modeling techniques such as historical simulation, variance-covariance matrix, multivariate GARCH, and copula models. Proven ability to lead and manage teams, interact with cross-functional stakeholders, and deliver high-quality risk insights. Reduced credit losses by 15% by leading credit risk modeling efforts using the Merton model and Poisson distribution to assess and control cross-asset securities and derivatives. Expertise in identifying and fixing data quality issues, with a proven track record of success at Standard Chartered Data Solutions.
Overview
15
15
years of professional experience
20
20
years of post-secondary education
Work History
Vice President
Standard Chartered Data Solutions
Mumbai, Bangalore
02.2023 - Current
- Led a team of business analysts and data engineers in the identification and remediation of data quality issues for market risk management
- Developed and implemented new data quality tools and processes
- Worked with business stakeholders to understand and prioritize data quality needs
- Successfully identified and fixed critical data quality issues that were impacting the accuracy of market risk models.
India Head
JP Morgan
Mumbai
01.2021 - 02.2023
- Led credit risk modeling efforts using the Merton model and Poisson distribution to assess and control cross-asset securities and derivatives,resulting in a 15% decrease in credit losses
- Managed a team of 10 risk analysts and ensured that they were aligned with the organization's risk appetite
- Supported new risk management policies and procedures
- Developed and implemented a new covariance modeling framework using historical simulation, variance-covariance matrix, and multivariate GARCH techniques.
Vice President
JP Morgan
New York
01.2013 - 01.2020
- Led Alternative Alpha research using NLP on earnings call transcripts, SECK filings, and government reports
- Developed statistical models for alpha isolation in spread bias (Equities) and improved asset allocation models (Credit)
- Employed Poisson distribution for rare event analysis in credit risk modeling
- Developed and implemented new risk management tools and dashboards using Python and SQL
- Collaborated with portfolio managers to develop and implement new covariance modeling techniques for portfolio risk management.
Senior Financial Analyst
Barclays
Mumbai
01.2009 - 01.2011
- Automated MI generation to enhance accuracy and capacity creation, leveraging mathematical models
- Developed and implemented new risk management tools and dashboards using Python and SQL
- Worked with the risk management team to develop and implement new covariance modelling techniques for market risk management.
Education
Certificate In Quantitative Finance - Financial Engineering
01.2017 - 12.2017
B Tech - Mechanical Engineering
08.2005 - 05.2023
Post Graduate Diploma - Artificial Intelligence And Data Science
01.2022 - 12.2022
Skills
Data quality identification and remediationCovariance modeling techniques (historical simulation,variance-covarianceMatrix,multivariate GARCH, copula models)Credit risk modeling (Merton model, Poisson distribution)Alternative Alpha research (NLP)Asset allocation modelingRare event analysisRisk management tools and dashboards (Python, SQL)
Risk mitigation
Root Cause Analysis
Internal Audits
Risk mitigation
Data analysis
Trend Analysis
Project Management
Microsoft Office Suite
SQL and databases
Timeline
Vice President - Standard Chartered Data Solutions
02.2023 - Current
IIT - Post Graduate Diploma, Artificial Intelligence And Data Science
01.2022 - 12.2022
India Head - JP Morgan
01.2021 - 02.2023
Fitch Learning - Certificate In Quantitative Finance , Financial Engineering
01.2017 - 12.2017
Vice President - JP Morgan
01.2013 - 01.2020
Senior Financial Analyst - Barclays
01.2009 - 01.2011
National Institutes of Technology - B Tech, Mechanical Engineering
08.2005 - 05.2023