Taresh Jerath
Mumbai
Summary
Results-driven professional with 6 years of experience in credit risk and civil engineering. Developed project management and financial projection skills during 4 years in a PSU as a civil engineer. Transitioned to finance with an MBA, gaining 2 years of expertise in credit research, financial statement analysis, and market trend evaluation. Posses strong analytical skills, keen interest for the equity markets and continuously refine myself to deliver exceptional results
Overview
8
8
years of professional experience
Work History
Analyst – Strategic Derivatives - Equities
Barclays
06.2024 - Current
- Managed a portfolio of over 50 listed entities and more than 40 Private Equity/ Fund of PE Funds/ Fund of Hedge Funds and Mutual Funds of commitments more than $10 billion, providing oversight of credit risk management, analysing financial statements and market trends to assess creditworthiness
- Monitored portfolio data, rating changes, earnings update, key management changes, share price movements, industry developments and key trigger levels and covenants (LTV, Margin LTV, Collateral Values) that could impact creditworthiness of the companies being analysed
- Worked closely with Senior Traders to conduct due diligence on new issuers and assisted them in writing compelling and impactful credit memos to support investment recommendations
- Developed in-depth financial models for Equity Linked Financing (ELF) Book trades, incorporating historical financials, key KPIs, quarterly earnings summaries, and valuations (relative and DCF) to support investment decisions.
- Involved in three different ELF deals worth over $300mn across Indian Healthcare, Realty and Bio-sciences sector for Pre-IPO trades in the portfolio
- Spearheaded the Unlisted Fund Linked Financing (FLF) Portfolio analytics by understanding the funds through their return metrics, evaluating client valuation summaries at the end of the quarter and benchmarking the assets against their listed peers/ indices on a regular basis
- Analysed top individual companies in each PE fund and prepared questions for the desk to be taken to respective clients during regular due diligence calls with the clients
- Reviewed all trades with exposure to software-related names, developed an AI risk framework to identify AI winners and losers, and performed stress analysis to determine key margin call levels in case of market sell-offs.
- Prepared a Financing Risk Portfolio graph for trades in the ELF book using various financial as well as deal specific parameters. Plotted risk vs return graph for comparing trade efficiency for the trading team
- Monitored the complex Italian Banking M&A scenario for Corporate Volatility book supporting trades in live scenarios of different exposures from the desk by mapping timelines, news, events, regulatory frameworks and legal obligations of the deals
Engineer/ Consultant
WAPCOS Limited, Ministry of Jal Shakti
07.2018 - 05.2022
- Independently steered large infrastructure projects from planning, designing, execution and commissioning worth over Rs 750 Cr across Government agencies, Bilateral and Multilateral funding agencies
- Formulated financial strategies by studying various industry standards, Schedule of rates, costs including survey costs, machinery costs and man-month projections to optimise client budgets
- Prepared detailed technical and financial proposals including break-even analysis and/ or Internal Rate of Returns for revenue generating assets
Education
MBA -
SBM, NMIMS Mumbai
03-2024
Bachelor of Engineering - Civil Engineering
Delhi Technological University
New Delhi04-2018
XII - Delhi
DLDAV Model School
Delhi04-2014
Skills
- Equity Research
- Financial modeling
- Portfolio analysis
- Credit risk management
- Risk assessment
- Due diligence
- Data analysis
- SQL and Python
- Bloomberg
- MS Office, Advanced Excel
Internship, Barclays 2023
- Developed a tool using SQL and Python to find out margin optimization opportunities for sub-entities.
- Developed ISDA SIMM FX calculator and suggested synthetic forwards for margin optimization opportunities of $25 Million.
Timeline
Analyst – Strategic Derivatives - Equities
Barclays
06.2024 - Current
Engineer/ Consultant
WAPCOS Limited, Ministry of Jal Shakti
07.2018 - 05.2022
MBA -
SBM, NMIMS Mumbai
Bachelor of Engineering - Civil Engineering
Delhi Technological University
XII - Delhi
DLDAV Model School