Akshay Joshi

Product Manager

India8 yrs 3 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Expert in quantitative portfolio management and optimization.
Proven track record in developing tax-efficient investment strategies.
Strong educational background in financial engineering and electrical engineering.

Stackforce AI infers this person is a Fintech expert specializing in quantitative finance and investment strategies.

Contact

Skills

Core Skills

Quantitative ResearchPortfolio ManagementOptimizationCounterparty RiskData AnalysisC++

Other Skills

AlgorithmsAnalytical SkillsCommunicationConvex OptimizationDatadogDirect IndexingETFsEquitiesEquity TradingFinanceFinancial MarketsFinancial ModelingFixed-Income InvestingGurobiInvestment Management

About

Akshay Joshi is a quantitative portfolio manager at Allspring Global Investments, a leading provider of customized investment solutions for institutional and retail clients. He designs and implements active equity and direct indexing strategies that incorporate multi-factor risk models and client-driven customizations at scale, delivering tax-efficient and personalized portfolios. With a Master of Financial Engineering (MFE) degree from UC Berkeley and a dual degree in Electrical Engineering from IIT Bombay, Akshay has a strong background in quantitative research and mathematical modeling. He has also earned multiple certifications in machine learning and CFA level I and II. Akshay is passionate about applying his analytical skills and domain expertise to create innovative and tailored solutions for his clients.

Experience

Allspring global investments

Portfolio Manager

Dec 2022 – Present · 3 yrs 3 mos · San Francisco, California, United States · On-site

Designing & implementing Direct Indexing strategies on Remi, incorporating multi factor risk models & client-driven customisations at scale. Managing daily portfolio management and risk attribution functions leveraging cloud based infrastructure, database tools and backtesting capabilities. Leading research & development to offer vast customisation menu on existing Direct Indexing strategies such as Values-based, Factor-tilted, thematic, active equity strategies for tax-overlay purposes and certain multi-asset products. (https://www.allspringglobal.com/capabilities/remi-tax-management/)

Quantitative ResearchFixed-Income InvestingOptimizationDirect IndexingPortfolio ManagementProduct Road Mapping+3

Charles schwab

2 roles

Quantitative Research Analyst

Promoted

Jun 2021 – Dec 2022 · 1 yr 6 mos · San Francisco, California, United States · Hybrid

Developed quantitative portfolio optimization solutions in Gurobi for Schwab’s personalized indexing (direct indexing) offerings with custom exclusions, rules based rebalancing, cashflow management, tax loss harvesting and tracking error minimization strategies (www.schwabassetmanagement.com)

GurobiQuantitative ResearchConvex OptimizationDirect IndexingOptimization TechniquesTax-advantaged Investment Strategies+1

Portfolio Analyst

Sep 2020 – Nov 2020 · 2 mos · San Francisco, California, United States

Built optimization engine for Investment Grade Credit ETF/Fund portfolio construction using an advanced solver to filter inventory through multiple constraints thereby enhancing the rule-based current approach

Deutsche bank

Counterparty Risk Strats

Nov 2017 – Jan 2020 · 2 yrs 2 mos · Mumbai, Maharashtra, India

Modelled ISDA’s Standard Initial Margin Model (SIMM) under the Uncleared Margin Regulation (UMR). Quantitatively optimised OTC derivatives portfolio’s IM by EUR 100 million; resulted in realised P&L of EUR 150k. Utilised Bloomberg, DBAnalytics for pricing RatesFX, EQTY portfolio of trades and IM calculation; facilitating trading and sales team to make trade decisions based on incremental margin numbers and funding cost

Counterparty Risk

Credit suisse

Technology Analyst

Jul 2016 – Nov 2017 · 1 yr 4 mos · Mumbai, Maharashtra, India

Prototyped a Trade Reconciliation Tool, reducing memory & time consumption by 90% using Python. Led technical development of First Look - Quant Research Publication on the HF outlook accessed by 5k+ funds. Built data management processed for analysing changes in 400k+ client positions to mitigate counterparty risk which were fed into risk models for stress testing, sensitivity analysis etc.

Iit bombay heritage foundation

Data Analyst

Aug 2014 – Dec 2014 · 4 mos · Greater New York City Area · Remote

Overall IIT-B Alumni Database Rejuvenation and upgrade in a work study project. Converted all the available data from LinkedIn and IIT-B database into a consolidated list for about 3500+ alumni using excel VBA

Analytical SkillsData AnalysisMicrosoft Excel

Cadence design systems

Assistant Design Engineer

May 2014 – Jul 2014 · 2 mos · Pune, Maharashtra, India · On-site

Developed DSP firmware implementations of core modules for sample rate converter (SRC). Interpolated & decimated multiple sample rate conversion achieving multifold cycle improvement based on C/HiFi2/HiFiEP/HiFi3, Cadence specific audio DSP architectures

C++