Prashant Sharma
CAIIB,FRM,SCR
Summary
A banking professional with over 16 years of comprehensive experience in Investments, Market Risk, Credit risk divisions of Investment banks and a Treasury of commercial bank. Currently, at the forefront of financial risk management at Wolters Kluwer, with expertise in Basel 3 reforms regulatory capital and RWA calculations. Helping banks in Australia to ensure capital adequacy, regulatory submissions and compliance.
Prashant has worked closely with investment heads, chief risk officers and other senior leaderships of the banks. Academic background in Statistics and Banking helps in articulating complex technical concepts to diverse audiences. A passionate leader who has been continually working on staff development and managing their well-being.
Overview
16
16
years of professional experience
3
3
Certifications
Work History
Principal Consultant
Wolters Kluwer Professional Services
7 2021 - Current
- Chief functional consultant to implement the Basel3 reforms/Basel4 for a major Australian bank.
- Lead the design and delivery of client advisory on Standardized, IRB approach for credit risk capital/RWA calculations, FRTB and IRRBB.
- Develop the future Professional Services strategy to meet client expectations, build and manage the strong relationships with product and sales team.
- Conducted trainings for banks in Europe, South Africa and Australia on Basel 3 reforms.
Market Risk
NatWest Markets (Investment Banking Arm of RBS)
06.2012 - 11.2020
- Lead a team of analysts and associates in India for complete, timely and accurate market risk management across Rates, Credit, FX asset classes and treasury.
- Generation and explanation of the drivers behind changes in risk sensitivities, VaR, Stressed VaR, PV01, CR01, aged assets, bond concentrations, liquidity risk, maturity profiles etc.
- Prepare, review and submission of reports to internal stakeholders/regulators and manage the follow-ups.
- Lead the discussions with Front office, risk analytics and source data teams to improve business risk analytic and data gathering processes.
- Policy reviews and Risk appetite statement recommendations.
- Automations and bot implementations for management reporting.
- Manage trading desks and market risk audits/assurance practices.
- Actively participated in bank’s strategic projects like FRTB, BCBS239 etc.
- Set up India Credit risk and Market risk NV reporting teams for NatWest Markets as a part of BREXIT business strategy.
Market Risk Consultant
Credit Suisse India
05.2011 - 05.2012
- Managed a team of analysts, assisting with project controls and communications, production of various sensitivities PV01, VaR etc.
Manager, Treasury
Punjab National Bank (Erstwhile OBC)
04.2008 - 04.2011
- Preparation of Valuation models and sign off the entire Investment portfolio includes fixed income, equity, derivatives and venture capital
- Regular study of the Interest Rate/Yield curve Risk.
- Preparation of Investment policy, Non SLR (Corporate bonds, Mutual funds etc.) investment notes and review of it.
- Measurement & monitoring of the various risk parameters PV01, Duration etc
- Implementation and testing of software solution for measurement of VaR and other sensitivities
- Balance sheet management in coordination with Accounts and ALCO department
- Successfully managed both internal & statutory treasury audits, Reserve Bank of India audits.
Education
Post Graduate Diploma - Banking and Finance
National Institute of Bank Management
Pune06-2008
Bachelor of Statistics(Hons) -
Hindu College, Delhi University
06-2006
Skills
Market risk
Certification
CAIIB (Certified Associate of Indian Institute of Bankers, IIBF)
Accomplishments
Faculty at Bank’s staff training college, coordinator for Bank's press conferences and annual general meetings.
Member of Director’s management team to support and lead people related initiatives like Great Place to Work, Diversity & Inclusion, risk work streams, hiring and training requirements.
Timeline
Market Risk
NatWest Markets (Investment Banking Arm of RBS)
06.2012 - 11.2020
Market Risk Consultant
Credit Suisse India
05.2011 - 05.2012
Manager, Treasury
Punjab National Bank (Erstwhile OBC)
04.2008 - 04.2011
Principal Consultant
Wolters Kluwer Professional Services
7 2021 - Current
Post Graduate Diploma - Banking and Finance
National Institute of Bank Management
Bachelor of Statistics(Hons) -
Hindu College, Delhi University
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