Basith Palath
Chembur
Overview
10
10
years of professional experience
6
6
years of post-secondary education
6
6
Certifications
Work History
Asst. Vice President,Equity Exotics Derivative Structuring
Barclays
01.2023 - Current
- Responsible for structuring and pricing of exotic equity derivative products -Callables structues(Issuer call,/autocall with fixed/snowballed/digital styled coupon), Twin Wins, dropbacks,supertrackers
- Developed Back testing of autocallables in python thus helping clients to take informed decision on structures to buy
- Responsible for generation of trade idea basis market environment and central bank policies
- Responsible for disseminating new methods of pricing/over hedging techniques to team after deliberation with stock and index traders
- Responsible for developing views on risk associated with different structured products.
Senior Manager,Derivative Structuring
Axis Bank
01.2021 - 01.2023
- Empowering and enhancing capability of corporate and institutional sales team through product teach-ins to offer customized derivative solution to hedge forex and interest rate risk of clients
- Fine-tuned pricing and structured FX and Interest Rate Derivative products (Seagull options, CCIRS, Range Forwards, OIS) to achieve all time high derivative income for Bank
- Acting as Member of IBOR transition core committee of the bank that monitored and successfully transitioned IBOR based trades to Alternate Reference Rates
- Streamlining and developing necessary infrastructure to handle newer products such as NDO/NDF and Mibor linked loans to augment product capability of the Bank
- Conducting macro-research on global economy and back tested forex and interest rate hedging strategies using Bloomberg/Reuters to give market commentary to internal and external clients
- Spearheading the launch and testing of derivative pricer and term sheet generator.
Manager ,Treasury Sales and Execution
Federal Bank
01.2014 - 01.2021
- Provided customized solutions and views to corporate clients to cover FX Flows (Spot and Forward)
- Increased deeper geography penetration of forex and interest rate products by visiting clients and conducting campaigns
- Initiated use of scenario analysis and stress testing of strategies to aid savvy corporate clients choose suitable products
- Streamlined and automated treasury sales dealing system to enhance organizational capabilities.
Education
Post Graduate Diploma in Banking and Finance -
Manipal University
Bangalore 01.2013 - 04.2014
BTech Mechanical -
Vellore Institute of Technology
Vellore 01.2009 - 04.2013
Skills
Financial Market Analysis (Equity, Fixed Income, Forex)undefined
Certification
CFA Charterholder(USA)
Accomplishments
- Was Awarded highest employee Rating (MP++) in FY 21 22 for achieving the KPA and for contribution to the derivative business.
- Cleared all levels of CFA in first attempt
- Achieved the other income (Insurance and SIP) target for the branch for 2 consecutive years as HNI Relationship Manager.
Passport Number
W3164892
Profile Snapshot
A CFA charter holder and Certified FRM with a track record of success in achieving outstanding results in challenging and fast-paced business environments. Selected skillset Include: Providing structured equity product ideas to private, collective and corporate clients to enhance yield on investment products. Educating sales team over a wide range of investment philosophies. Promising FX and Int rate hedging solutions to clients. Managing change and the impact of introducing such ideas. Providing assistance in managing significant decisions, advisory services and budgets for clients. Helping sales in handling the overall investment needs of the clients by back testing and scenario analysis. Proven Leadership abilities include High degree of honesty, integrity with strong work ethic. Strong organizational and time management skills to effectively manage multiple investment mandates. Excellent interpersonal and communication skills. Demonstrated ability to work with a structured approach towards defined investment process.
Personal Information
Nationality: Indian
Timeline
Asst. Vice President,Equity Exotics Derivative Structuring
Barclays
01.2023 - Current
Senior Manager,Derivative Structuring
Axis Bank
01.2021 - 01.2023
Manager ,Treasury Sales and Execution
Federal Bank
01.2014 - 01.2021
Post Graduate Diploma in Banking and Finance -
Manipal University
01.2013 - 04.2014
BTech Mechanical -
Vellore Institute of Technology
01.2009 - 04.2013
CFA Charterholder(USA)
Certified Financial Risk Manager (FRM) GARP USA
Financial Modelling from Udemy
Python for Finance
Certified Credit Officer-IIBF
Financial Engineering and Risk Management -Coursera
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