Parikshit Bhinde
Director - Standard Chartered Modelling And Analytics
3173, Norwood
Prestige Sunrise Park
Electronic City Phase 1
Summary
Analytics professional with more than 13 years of experience in Risk and Marketing Analytics. Knowledge of various statistical and machine learning techniques. Competent in contemporary analysis, automation and visualization tools. Worked on project planning and people management for analytics and data related projects. Possess multi-disciplinary knowledge and ability to apply insights from analytics projects to business problems. Have experience in communicating with various stakeholders - business users, analysts, modelers and technology teams.
Overview
13
13
years of professional experience
7
7
years of post-secondary education
4
4
Certifications
Work History
Director - Model Performance and Data
Standard Chartered Modelling and Analytics
Bangalore
08.2022 - Current
- Leading a team of expert professionals for monitoring the performance of Capital and Provisioning quantitative models.
- Primary responsibilities include understanding and interpreting the latest regulations and continuously enhancing the model monitoring and analytics process.
- Planning and budgeting activities with the technology team to onboard the performance monitoring process on to the banks centralized automation platform - including conversion of SAS code to Python code.
- Collected and understood business requirements to produce interactive drill down dashboards and visualizations.
- Use insights and analytics from model output towards RWA optimization and increasing Return on Equity.
VP - Risk Analytics and Data Services
Northern Trust
Bangalore
12.2019 - 08.2022
- Led a team of model developers for forecasting the income statement and balance sheet line items for the bank's annual stress testing exercise.
- Coordinated working groups between model users (business) and developers to define the scope and purpose of the models.
- Collated and synthesized data from multiple bank source systems based on requirements while assuring completeness and accuracy.
- Presented model forecasts and scenario analysis in an intuitive form to business users without losing any statistical rigor - using VBA and Python.
- Developed a SAS tool to automate the model development process bringing in efficiency in the turn around time (4 weeks to 1 week).
- Successfully completed an ad-hoc model development requirement for an external IT team as a Proof-of Concept (low event rate model).
- Managed multiple line-of-defense stakeholders such as QA, validation and audit.
AVP - Model Risk Management (Retail Models)
Citibank
Bangalore
08.2018 - 12.2019
- Led a team of expert individuals for the validation of quantitative models (cards and personal loans) used in various regulatory exercises such as CCAR, CECL, ICAAP etc.
- Independently analyzed model construction and performance parameters and provided risk rating based on the assessment.
- Assessed model output on an ongoing bases and recommended overlays to the business in case of misalignment with macroeconomic expectations.
- Worked on the enhancement of the bank's model risk rating framework to reflect changes in the asset portfolio.
Associate Manager - Group Model Validation
ANZ Bank
Bangalore
07.2016 - 08.2018
- Worked on the baseline validation of several scorecards (application/behavioral), capital models and loss forecasting models.
- Challenged model developers on definition of forecasted (dependent) variable and methodology and business rationale for selection of explanatory (independent) variables.
- Checked for data completeness and accuracy and ensured adherence to latest regulatory requirements.
- Performed rigorous testing of model performance using statistical tests using SAS and R.
- Participated in toll-gate meetings during the model development phase and highlighted potential risks.
- Worked on the automation of standard tests using R.
Assistant Manager - Practice Team
Genpact
Bangalore
06.2014 - 07.2016
- Part of team responsible for developing products for the financial services industry - primarily banks and lending firms.
- Worked on the development of Monitor: an end-to-end model risk management for all types of bank/FI models. Interacted with bank SPOCs for requirement gathering. Collaborated with Genpact technology team for BRD creation, implementation and testing. Worked on R and SAS to provide statistical test codes to the technology team.
- Worked with senior team members on the creation of PRIZM - a pricing optimization tool for banks and FIs. Used R to optimize price offerings for individual borrowers based on propensity to default, prepay etc.
Analytics Consultant
Hewlett Packard Global Analytics
Bangalore
04.2010 - 06.2014
- Part of the Total Addressable Market (TAM) team for HP's enterprise product and services forecasting team.
- Interacted with business to understand the drivers (employee size, annual sales, industry etc) impacting HP's TAM and Share-of-Wallet with customers across the globe.
- Used PROC OPTMODEL (a specialized optimization subroutine in SAS) extensively to do the forecasting.
- Provided additional customer level insights using look alike models to identify revenue gainers and losers to the business.
- Used VBA to scrape client level data from public sources like Wikipedia.
- Prepared automated heat-maps using VBA and R on quarterly basis to show changes in market size across regions and industry.
Education
PGDM - Finance
Goa Institute of Management
Goa 06.2008 - 03.2010
B.E. - Information Technology
Bhartividyapeeth University College of Engineering
Pune 06.2001 - 04.2006
Skills
Analytics
undefinedCertification
Mathematics for Machine Learning
Timeline
Director - Model Performance and Data
Standard Chartered Modelling and Analytics
08.2022 - Current
Introduction to Bayesian Statistics Using R
12-2021
VP - Risk Analytics and Data Services
Northern Trust
12.2019 - 08.2022
Practical Time Series Analysis
09-2019
Mathematics for Machine Learning
05-2019
AVP - Model Risk Management (Retail Models)
Citibank
08.2018 - 12.2019
Introduction to Data Visualization with Bokeh (Python)
05-2018
Associate Manager - Group Model Validation
ANZ Bank
07.2016 - 08.2018
Assistant Manager - Practice Team
Genpact
06.2014 - 07.2016
Analytics Consultant
Hewlett Packard Global Analytics
04.2010 - 06.2014
PGDM - Finance
Goa Institute of Management
06.2008 - 03.2010
B.E. - Information Technology
Bhartividyapeeth University College of Engineering
06.2001 - 04.2006
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