Maulik Desai

Director of Engineering

Mumbai, Maharashtra, India11 yrs 9 mos experience

Highly Stable

Key Highlights

Led pivotal initiatives in data governance and market risk analysis.
Achieved $4 billion capital savings for regulatory projects.
Recognized for exceptional leadership and collaboration across teams.

Stackforce AI infers this person is a Fintech professional with extensive experience in market risk management and data governance.

Contact

Skills

Core Skills

Market Risk AssessmentData GovernanceRisk Management

Other Skills

Agile Application DevelopmentAgile LeadershipAgile MethodologiesAgile Project ManagementAgile TestingAnalytical SkillsBusiness AnalysisBusiness ProcessBusiness RequirementsChange ManagementChange Project ManagementCross-functional Team LeadershipDesign SprintsFundamental review of Trading bookInterpersonal Skills

About

I am a proactive and achievement-oriented professional offering over a decade of experience in Finance and Trading, I specialize in Market Data Analysis, Risk Management, and Project Management, consistently achieving exceptional outcomes. As a Vice President at Credit Suisse, I lead pivotal initiatives in data governance and market risk analysis, leveraging my extensive background to drive significant improvements in these areas. My expertise encompasses a wide range of project management methodologies, market risk assessment, and data governance, with a strong emphasis on Agile practices and stakeholder engagement. I have effectively led the Market Data Analysis and Management (MDAM) Project Team in India, overseeing critical regulatory-driven projects such as the FRTB, Bond and CDS two-factor VaR model, and Climate Risk. Notably, my efforts contributed to a $4 billion capital savings for Credit Regulatory projects. My role has afforded me substantial exposure to key banking platforms like Reuters, Bloomberg, and MarkIt,and I have developed a robust understanding of market risk frameworks, including Value at Risk (VaR) and various risk assessment methodologies. I am recognized for my significant contributions to complex regulatory projects and have demonstrated exceptional leadership by fostering collaboration across diverse teams and enhancing communication pathways to ensure successful project execution and stakeholder satisfaction.

Experience

Ubs

Director

Apr 2025 – Present · 11 mos · Mumbai, Maharashtra, India · On-site

Credit suisse

3 roles

Vice President

Promoted

Dec 2022 – May 2025 · 2 yrs 5 mos · Mumbai, Maharashtra, India

Leading the CS Integration Team in data governance and Market Risk VaR projects,
closely coordinating efforts with UBS.
 Acting as the regional lead for the Market Data Analysis and Management (MDAM)
project team in India, answerable for delivering outcomes across FRTB, Bond & CDS
two factor VaR model and other regulatory-driven projects, including a $4bn capital
savings initiative for a credit regulatory project.
 Leading business analysis for end-to-end delivery of all timeseries data changes
stemming from major change programs, contributing to significant capital savings for
the bank.
 Steering the Project Team to develop the infrastructure for FRTB IMA eligibility for
UBS Trading desks by conducting Backtesting and Profit and loss attribution test.
 Conducting BRD walkthroughs for developers, ITBAs, QA, and business leads to
ensure early involvement and sign-off.
 Providing subject matter expertise to Development and Testing Teams, aiding in the
creation of test deliverables for large, complex, multi-discipline programs, or across
functional domains, business areas, and product lines.
 Consistently received the Top RAVE Bar Award across CRO teams for four
consecutive years.
 Performed various activities within the Market Data Team to successfully close audit
and model validation points.
 Liaised with the Methodology Team to support the introduction of new timeseries for
risk factors not captured in VaR

Market Data AnalysisRisk ManagementProject ManagementData GovernanceBusiness AnalysisStakeholder Management+1

Assistant Vice President

Promoted

Jan 2020 – Dec 2022 · 2 yrs 11 mos · Mumbai, Maharashtra, India

Working for the Market data team responsible for providing the inputs to VaR calculations. Local lead for project team in mumbai where we facilitate regulatory projects like FRTB and IBOR. We also work on model improvements across different asset classes like credit and equities in coordination with IT and model owners.

Market Risk Analyst

May 2015 – Dec 2019 · 4 yrs 7 mos · Mumbai, Maharashtra, India

Managed the weekly recut activity, updated time-series for multiple risk clusters, and
communicated the VaR impact and analysis of the updates.
 Conducted the analysis of overall VaR impacts, identifying and explaining the causes
of significant VaR movements.
 Liaised with Market Data Analysis IT and Risk Systems teams to specify and test
system improvements.
 Coordinated with source data providers (Bloomberg, Reuters, Factset) to ensure the
continuous provision of quality data and supported the integration of new market
data.
 Analyzed the impact of updates to market datasets by understanding different VaR
models and extreme move calculations.

Estire research

Trading Analyst

Jun 2014 – May 2015 · 11 mos · Mumbai, Maharashtra, India · On-site

Gained experience in trading commodities on major global exchanges.
Managed a portfolio that included interest rate instruments, metals, energy, and
agricultural commodities.