Phani Neti
Overview
17
17
years of professional experience
Work History
Vice President
JP Morgan Services India Pvt Ltd
09.2022 - Current
- Responsible for APAC Rates Valuation process deliverable
- Managing deliverable as individual contributor and also looking after APAC team deliverables
- Responsible for calculating Fair Value Adjustments of Linear business
- Development and expansion of control framework in processes
- Responsible for OCC MRA regulatory reporting for EMEA Swaps
- Part of management team working on different projects / initiatives with in VCG India team
Associate Director
UBS Business Solutions
12.2019 - 09.2022
- Working as an Internal Business Change Consultant for UBS as a part of Change and Design team in Hyderabad
- Working with cross functional teams - Valuation Controllers, Methodologies and Risk teams to understand and map the As-Is IPV valuation control processes, identify gaps and re-engineer the processes to effectively migrate them to cloud azure services
- To proactively monitor project execution to effectively identify risks/issues/dependencies as they arise throughout the project lifecycle
- To create project documents, to execute Project Plans/Charters; prepare & deliver presentations for Management committee meetings
Associate
JP Morgan Services India Pvt Ltd
01.2017 - 12.2019
- Responsible for APAC Rates Valuation process deliverable
- Main contact for Swaps, InQlation and CDS valuations for EMEA linear business
- Responsible for calculating Fair Value Adjustments of Linear business
- Development and expansion of control framework in processes
- Responsible for OCC MRA regulatory reporting for EMEA Swaps
- Responsible for PTG (Pre-Trade Governance) for new trades and taken part in regulatory reporting
- Active member of Audit working groups which will monitor the processes for audit readiness
Manager, Rates Valuations
Cognizant Technologies
03.2013 - 12.2016
- Responsible for the streamlining of UBS valuations processes
- Migrating UBS valuations functions to Cognizant office and leading Linear Rates valuations and Reporting
- Responsible for calculating Fair Value Adjustments of UBS Linear business
- Active member of process automation working group
- Migrated Pruvals Calculations and reporting for Sr management review
Sr Analyst
Deutsche Bank
02.2010 - 02.2013
- Worked on valuations of Rates derivatives and fair value adjustments
- Migrated IPV processes from London and ensured smooth transition of processes along with proper documentation
- Responsible for improving IPV numbers reporting and preparing packs for traders/Sr management review
- Responsible for reconciliation of numbers and high level analysis and reporting to trading desk heads and finance directors
Team Member
Globeop Financial Services
12.2007 - 02.2010
- Handling daily and month end valuation for OTC Derivative positions for various clients
- Active interaction with client on all aspects of analysis / reporting / issues in day to day role and adjusting the positions wherever required and explaining its impact on P&L
- On boarding new clients
Team lead, Product Control
Cognizant Technologies
- Managed a team of 5 people in GT product control team
- Working with Collateral UK product control team, which is responsible for preparing, validating and reporting Pnl for GTPC
- Submitting daily pnls, provide necessary commentary and get approvals from traders
Education
Advanced Program in Computational Data Science - Computational Data Science
IISc Bangalore
01.2023
B.A - Mathematics, Statistics, Economics
Nagarjuna University
01.2002
Diploma - Business Finance
ICFAI
01.2004
Enterprise Risk management online course -
Casualty Actuarial Society
03.2007
Skills
- Independent Price Verification (IPV)
- Fixed Income
- Derivative Valuations
- Financial Analysis
- Business Analysis
- Team Leadership
- Client Relationship Management
- Alteryx / Tableau / Python
Timeline
Vice President
JP Morgan Services India Pvt Ltd
09.2022 - Current
Associate Director
UBS Business Solutions
12.2019 - 09.2022
Associate
JP Morgan Services India Pvt Ltd
01.2017 - 12.2019
Manager, Rates Valuations
Cognizant Technologies
03.2013 - 12.2016
Sr Analyst
Deutsche Bank
02.2010 - 02.2013
Team Member
Globeop Financial Services
12.2007 - 02.2010
Team lead, Product Control
Cognizant Technologies
Advanced Program in Computational Data Science - Computational Data Science
IISc Bangalore
B.A - Mathematics, Statistics, Economics
Nagarjuna University
Diploma - Business Finance
ICFAI
Enterprise Risk management online course -
Casualty Actuarial Society
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