Hiren B. Rana
Mumbai
Summary
Extensive expertise in financial services industry with leading institutions such as JP Morgan, Citigroup, Axa, and Legal & General Investment Management, with coverage for Corporates, Financial Institutions, Sovereigns, and Microfinance across multiple geographies.
Overview
12
12
years of professional experience
Work History
Senior Associate – Corporate Banking Risk
J.P. Morgan Chase Bank N.A.
Mumbai
2019.11 - Current
- Credit underwriting and ongoing monitoring for a sector agnostic portfolio of Indian corporates exceeding $1 billion across various sectors, such as Utilities, Chemicals and Plastics, IT, Ports, etc.
- Achieved 100% growth in the CB MNC portfolio, the fastest-growing vertical at JPMCB, NA, India.
- Negotiated credit documentation, including ISDA, CSA, and security docs.
- Highlighted weaknesses promptly to ensure timely actions, resulting in the Nil NPA in the portfolio.
- Uphold JPM's risk management policies and India's regulatory framework to support portfolio growth, as well as ensure compliance.
- Managed external stakeholders, including the RBI, the client's CFO, and MD, auditors, etc.
- Automated credit processes, enhancing team productivity and operational efficiency.
- Liaisoning with the Operations, Legal entity risk, Controls teams in monthly, quarterly and annual regulatory submissions
Senior Analyst – Corporate Banking Risk
Citibank N.A.
Mumbai
2016.06 - 2019.11
- Managed portfolio worth $280 billion across Indian microfinance clients and Western European public sector.
- Received appreciation from the Head of Corporate Banking at Citi for rationalizing exposure and portfolio during demonetization.
- Conducted ongoing risk rating, portfolio reviews, and annual reviews to ensure compliance.
- Received promotion within 1.5 years of joining firm
Analyst – Fixed income and macro-credit research
Frontline Analysts India Pvt. Ltd.
Bangalore
2013.07 - 2016.03
- Active coverage of leading banks from mainly Europe and US incl. publishing credit reports, quarterly earnings, client profile book, etc. for companies in the fixed income portfolio of the client
- Analysis and trade strategies on senior and subordinate capital issues to the trading floor of the client
- Central Bank credit policies coverage; Earnings coverage – reports, Management conference calls
Founding member
IIM Lucknow Enterprise Incubation Centre
Lucknow
2011.01 - 2013.01
- Drafted equity mechanism, policy guidelines and placement amendments for incubation process of start-ups at IIM Lucknow
- Initiated registration of incubation centre as Section-25 company and drafted proposals for funding from TBI, TIDE, SIDBI, etc.
Summer Intern
Kotak Securities Ltd.
Mumbai
2012.04 - 2012.05
- Acquisition, service, and management of HNI’s funds worth INR 50 million in the equity, debt capital markets.
- Coverage of the banking and auto sectors, and macro indicators of the Indian economy.
Software Engineer
Infosys Ltd.
Mangalore
2009.07 - 2011.06
- Application development of a Supply Chain Management module for the global apparel retailer, GAP.
- Understanding the scope of the supply chain system, from sourcing to the retail stores, for different SKUs, to develop the application.
Education
MBA - Finance & Marketing
IIM Lucknow
Lucknow2013-01
B.E. - Computer
LDCE Ahmedabad, Gujarat University
2009-01
Skills
- Credit underwriting
- Risk Management
- Financial and industry analysis
- Client advisory and negotiation
- Stakeholder management
- Credit and Reporting Process automation
- Corporate and FIs capital structure
- Lending documentation
- Regulations and compliance
Affiliations
- Credit support in scaling / doubling the Commercial Banking MNC portfolio for the entire JPM India Franchise
- Promotion in 1.5 years of joining at Citibank, India
Hobbies and Interests
Long-distance running, Reading and Music (ex. College band member – vocalist)
Timeline
Senior Associate – Corporate Banking Risk
J.P. Morgan Chase Bank N.A.
2019.11 - Current
Senior Analyst – Corporate Banking Risk
Citibank N.A.
2016.06 - 2019.11
Analyst – Fixed income and macro-credit research
Frontline Analysts India Pvt. Ltd.
2013.07 - 2016.03
Summer Intern
Kotak Securities Ltd.
2012.04 - 2012.05
Founding member
IIM Lucknow Enterprise Incubation Centre
2011.01 - 2013.01
Software Engineer
Infosys Ltd.
2009.07 - 2011.06
MBA - Finance & Marketing
IIM Lucknow
B.E. - Computer
LDCE Ahmedabad, Gujarat University