Nagarjun Reddy Bontha
Neredmet
Summary
PERSONAL SUMMARY A result-oriented Market Risk and credit Risk professional with more than 8 + years of experience in Financial Services domains with wide-ranging coverage of gathering & analyzing different type of fund’s portfolio, process simulation and data analysis, operations of Investment Banking Experience in delegating and completing time-sensitive task and meet deadlines with accuracy in a fast paced, high stress environment. Gathers requirements from users and creates Objectives Creates business requirement documents (BRD) or user stories Works with Functional or IT analysts for creation of functional specification Compliance and Filing knowledge of regulations UCITS and AIFMD, Form PF. Participated in the planning and implementation of processes as well as self-motivated project initiatives, focusing on the use of technology. In-depth knowledge of stocks, bonds, futures, forwards, options, swaps, Mortgage-Backed Securities (MBS), Collateralized Mortgage Obligations and Credit Derivative products, Equity Derivatives product. Knowledge of Option Greek like Delta Vega, Gamma, Rho, Theta etc Work as line of defense for the team to co-ordinate with client as well internally for any risk related issue/analysis. Participated in monthly conference calls with senior management and stake-holder to raise, resolve process issues affecting team.
Overview
8
8
years of professional experience
1
1
Certification
Work History
Business analyst
Deutsche bank
11.2020 - Current
- Building PD Scorecard for commercial automobile loan portfolios from small, commercial datasets, utilizing a combination of judgment-based and statistical techniques
- Validating wholesale PD and LGD models for a global financial services firm from conceptual/mathematical soundness and Basel compliance points of view
- Validated various bank models., e.g
- PD, LGD, and EAD wholesale stress testing models, PPNR models, Retail Loss Lending Forecast models, wholesale PD and LGD scorecard models
- Validations include testing in, the areas of data, conceptual soundness, outcomes analysis, process accuracy, and governance
- Implement agile management ideals by facilitating exercises such as sprint planning and team leading standups
- Manage project timelines and communicate with management staff and clients to ensure project progress satisfactorily
- Managed one direct report and various teams of consultants in order to complete validations for a suite of Cq4R models with tight timelines
- Communicated validation findings via validation reports observatory logs, regular meetings, and remediation tracking
- Market Risk measures, processes and controls and to review/improve business processes
- Work with the Functional Architects and other Business Analysts to ensure the solutions proposed are fit for purpose
- Implemented WEBSSO in applications to save time for the employees
- Worked AND implemented elastic search in our applications to make Consumers work easy while searching for the Customers ID
- Worked on Migration projects from REST to GRAPHIQL.
Sr Business analyst
Info Vision Labs
10.2019 - 11.2020
- Work on Risk reporting and analytic including Market Risk, Regulatory, VaR positions/funds, Limit Monitoring and Stress-testing
- Dealing with the financial/ banking products and related risks (interest rate risk, liquidity risk) and hedging, measurement and monitoring of such risks
- Analysing, identifying, quantifying and monitoring all market risks for the G10 Global Business Line
- Dealing with the financial/banking products and related risks (interest rate risk, liquidity risk) and hedging, measurement and monitoring of such risks
- Overseeing and ensuring the integrity of the risk monitoring process
- Designing, reviewing and signing off on scenario results across various portfolios within GCP
- Coordinating projects related to IT development for data analysis, modelling and reporting
- Processing and analysing all risk measures including Limits, Exposures, Economic Risk Capital (ERC), Risk Based P&L and VaR, etc.
Risk Ops Specialist
State Street Global Exchange, State Street HCL JV
07.2017 - 10.2019
- Work on Risk reporting and analytic including Market Risk, Regulatory, VaR positions/funds, Stress Testing and back-testing
- Estimation of Market risk in terms of VaR
- Sourcing and validation of data for assets class like Fx, Interest rate, Fixed Income and Equity and of other different derivatives products
- Preparing time series for calculation of VaR and stress
- VaR Assessment of trends, volatility and correlation with the suitable object are also my responsibility
- Validation of market movement in interest rates, Fx, CDS, and analysis for that particular movement, along with performing the root cause analysis investigation and analysis of exceptions and data integrity
- Analysis and reporting of market risk calculations and sensitivities to traders, risk managers and regulators
- Stress scenario calibration for market and deliver stress scenarios to risk engines
- Calculation of Liquidity (LCR) and generating report with the help of different Stress test scenario by giving shock on different contribution factors (10+/- or 100+/- bps ups and down)
- Knowledge of EMEA regulatory filings (AIFMD, UCITS)
- Coordinating with middle Ops team for gathering portfolio from different PTS as well external sources like ERP and FTP
- Make qualitative and quantitative risk assessments and present key highlights to the stake holders through scenario set
- Identifying and researching the cause for them, reviewing daily exception and resolving issues by applying knowledge of capital market to generate clean reports and also closely work with the Business, IT, Controllers, Operations and counterparts in other locations
- Work as 2st line of defense for team to co-ordinate with client on any issue \ request like Analysis of risk (Overshoot factors analysis)
- Work closely with compliance team to report breach in actual over predication by analyzing day to day VaR
- Process Development: Developed a Macro which pulls various details related to the constituents of index
- This helped the team in reducing manual work, which in turn increased the efficiency of the process by 15%
- Also prepare a macro to automate the daily QC report
- Designed and conducted training session of new joiners regarding the process of Market Risk and Market
Business Analyst
Franklin Templeton International Investments
06.2015 - 07.2017
- Responsible for analyzing the needs of the business and its customers and coming up with solutions to business problems
- Involved in the management multiple small projects, using SharePoint, to enhance the existing functionality and web pages for global client’s transaction processing workflows and plans
- Managing the work from initial request through estimation, approval, requirements, build, user access testing and implementation
- In Risk team we aggregate data from internal and external sources to provide a comprehensive view of portfolio exposures and risk measures on both absolute and relative bases
- The range of analytic includes VaR analysis, downside risk, sensitivities, stress testing, and duration, convexity and scenario analysis
- Identified, measured and communicated to clients’ risk officers the market risks their portfolios are exposed to
- Oversee the generation of reconciliation reports for deal or positions level valuation and risk against finance or front office calculation
- Frequently communicate with the IT team to resolve the issue on trade reconciliation booked in PTS
- Valuation of different type of FI and Option
- Private Placement Project
- Development and writing various Project Charters for various sub-processes within the department, that successfully delivered necessary change in a manageable and non-intrusive way – Project Name – Private Placements Workflow Enhancement
- Communicated these changes to all impacted sites in the front office to ensure all knowledge of the new workflow is effectively shared with all concerned
- Prepared application related data entry points for the technology team to accordingly prepare necessary forms for this enhancement
- Assisting in the preparation of user and system test plans
- Delivered Functional and User Acceptance Testing
- Implementation of new designs within the Business Operating Model
- Involved in conferences/ trainings / presentations
- Providing a link between the company, customer, the development team and any third-party regarding workflow enhancements throughout the development cycle
- Amortization Implementation and Exception Handling Project
- Pursuant to the latest regulations from the IRS in the United States, amortization has to be accurately recorded for all Fixed Income Municipal and Corporate Bonds for effective recording of Cost Basis Gain/Loss
- With effect to this change a project was initiated with Franklin Templeton to initiate the recording of amortization for all bonds within the company and prospective bonds that may come over in the future
- The project was initiated in New York and was scheduled to be transitioned to India for completion, testing and implementation
- Assisted senior management and Project Board with effective liaisons and communication between various technology and operations teams involved in this initiative
- Completed rigorous user acceptance testing to check for effect implementation and post implementation issues predicting to occur
- New Sub process implemented for effective scanning and fixing all bugs and exceptions occurring for this initiative cross all systems as a part of a monthly reconciliation activity
- SharePoint Gift database Project
- Lotus Notes Verification Project
FINANCIAL PROCESS ANALYST
Broadridge Financial Solutions
02.2014 - 06.2015
- Analyzing the instructions received from the clients and Re-assigning the workflows to respective areas of work
- Conducting research on populated proprietary database with exchange referenced Securities processing like Additions, Deletions and Suspensions
- Involved in capturing financial content of companies for Corporate Actions like Name change, Identifier changes (ISIN, CUSIP, SEDOL, Ticker and Exchange), Merger & Acquisitions, Spin-Off, Stock Dividends, Stock Splits, etc
- Analyzing & updating the Constituent’s information in the database as per exchange Indexes
- Making research to find out exact Shares Outstanding of non-Canadian and Canadian securities as per exchange and through different online sources
- Classifying Industry type as well as Security type of equity & fixed income securities and to provide access for peer’s information of the industry
- Analyzing and capturing Investments Information from the 13F Files which are filed in the SEC
- Ensure all securities were classified accurately and set up in accordance with ownership information and to meet the specifications of National Securities Clearing Corporation
- Handling client calls, client queries and updating the progress of the project over mails
- Act as an escalation point of contact for all operational questions and issues impacting the traders and portfolio managers.
Education
DIPLOMA - Insurance And Risk Management
IIRM
Hyderabad03.2014
Masters in Business Administration - Finance
Osmania University
Hyderabad03.2013
Bachelor of Commerce - E-Commerce
Nizam’s College
Hyderabad03.2011
Skills
- Business Analysis
- Financial services
- Supporting Strategy Rollout
- Client relations
- TECHNICAL SKILLS
- TITAN, Global Plus
- Bloomberg
- Risk Analytic tool
- Microsoft Office (2003-2013)
- VBA & SQL (intermediate)
- FTP, ERP and JIRA, Service cloud
- MSVisio
- Lotus Notes, OneTis Production
- SQL, BPS, SharePoint
- Python script
Certification
CRISIL Certification on FRTB
Timeline
Business analyst
Deutsche bank
11.2020 - Current
Sr Business analyst
Info Vision Labs
10.2019 - 11.2020
Risk Ops Specialist
State Street Global Exchange, State Street HCL JV
07.2017 - 10.2019
Business Analyst
Franklin Templeton International Investments
06.2015 - 07.2017
FINANCIAL PROCESS ANALYST
Broadridge Financial Solutions
02.2014 - 06.2015
DIPLOMA - Insurance And Risk Management
IIRM
Masters in Business Administration - Finance
Osmania University
Bachelor of Commerce - E-Commerce
Nizam’s College
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