SHIVAM KHANNA

Model Validation

• Independently validated a diverse range of scorecard-based credit rating models, such as finance companies, banks, securities and foreign securities companies, and other financial institutions, including life insurance companies, etc.
• Supported in CCAR stress testing and CECL model validation. This involved individual assessment of PD, LGD, and EAD methodologies. Methodologies used: Linear Regression, Logistic Regression, and Probit Regression.
• Focused on PPNR balance and revenue models within CCAR, analyzing factors such as utilization rates, and prepayment rates. Utilized methodologies such as Linear Regression and Logistic Regression.
• Conducted validations based on SR 11-7 guidelines, encompassing conceptual soundness assessment, replication, performance testing, stability testing, sensitivity testing, and involved extensive documentation. Methodologies: Linear Regression, Logistic Regression, etc. Performance Metrics: PSI, ROC, Degree of association (Somers's D, Kendall's Tau), etc.
• Independently validated market risk models, which include loan and bond underwriting stress test models. The model validation involved sensitivity analysis, performance testing, replication, and data reconciliation from Bloomberg.
• Validated high-risk scorecard models, evaluating the entire model validation process.

Audit Assist

• Worked on MSR and Pipeline cash flow model validation.
• Worked on CECL audit assist work for various multinational bank clientele to verify whether the methodology, assumptions, validation procedures, and reports are in line with CECL standards.
• Worked on the valuation of various derivative products as part of an independent audit review to verify the prices determined by the clients using Bloomberg. These products include IRS, cross-currency, FX forward, equity options, etc.

• Experience in the supervision of sales personnel to ensure sales-related field work is conducted efficiently.
• Performed sales-purchase reconciliation and analysis to understand the demand-supply trend. Managed cash and inventory to ensure liquidity and demand-supply requirements are met.
• Successfully penetrated the market by contacting various super-specialty stores and colleges.