Aug 2023 – Oct 2024 · 1 yr 2 mos · Dubai, United Arab Emirates · On-site

Aug 2020 – Jun 2023 · 2 yrs 10 mos · Mumbai, Maharashtra, India

Nov 2019 – Apr 2020 · 5 mos · Mumbai Area, India

• 1. Managed the derivatives desk and the nbfc portfolio (500 cr)
• 2. Managing the gamma risks through nifty future positions by building a pricer model and calculating the required amount of delta to be offloaded or on loaded.
• 3. Delta hedging the books(portfolio size 5 crore) through nifty futures by pricing the portfolio using Black Scholes (vol grid taken from totem)
• 4. Working on the strategy to minimize rollover costs by replicating the delta hedge through synthetic options

Apr 2019 – Oct 2019 · 6 mos · Mumbai, Maharashtra, India

• Quant Risk

Mar 2017 – Jan 2020 · 2 yrs 10 mos · Mumbai, Maharashtra, India

• 1. Developed option strategies based on price, volume and standard deviation for nifty 50 companies.
• 2. Predicting nifty movements for the week using the propriety divergence model, price, vix and open interests
• 3. Risk reward historically has been +2.1R
• 4. Traded with a proper stop loss and sharp ratio of 1.92. Alpha garnered around was 1.17% monthly and the total capital deployed is 9 Lacs.
• Sharpe was 4 and Calmar was around 9

Apr 2016 – Mar 2019 · 2 yrs 11 mos · Mumbai Area, India

• Global market risk and Quant (Japan Equities)
• Developed a methodology to break Vega of index into constituents with equations which uses weights, vol and beta
• Analysed trades and books to optimize the capital by calculating the incremental impact under trading and banking books
• Developed a model using python to fetch data from different data source and calculate soft triggers, hard triggers etc for margin loans.
• Working with Japan Equities traders to resolve their queries ragarding various Pnl drivers, risk drivers for desks like structured and flow, prime finance etc.
• Created, produced and validated daily risk and limit exposure reports as well as constant interactions with other risk departments, head traders and senior management to ensure all the risk exposures within the Equities businesses are properly managed in accordance to the internal and external policies/mandates/limits.
• To analyse the daily risks like VAR,Credit Spreads and risks associated with Equity Business and help the front office at Japan

Sep 2015 – Oct 2015 · 1 mo · Indore

• Smart tootbrush idea which included the following :
• 1.Market Analysis – Megatrends, Competitor Analysis, Market size & Growth
• 2.Proposed Innovation/ Idea, Details of technology
• 3.Fit with Philips’ portfolio
• 4.Go to market approach
• 5.Financial plan (Investment required, Pricing, ROI, etc.)
• 6.Resource Plan
• 7.Project Milestones
• 8.Scalability
• 9.Sources of short-term & long-term competitive advantage

Apr 2015 – Jun 2015 · 2 mos · Mumbai Area, India

• Tied up with chains like Subways, Cafe Free for on demand delivery services using a mobile based application Grider
• Developed marketing strategies like Grider Game App Challenge to involve customer participation in the consumer app
• Increased the revenue of the organization by contracting with various restaurants and bakery shops

May 2013 – Jul 2013 · 2 mos

• Reduced the weight of the inline pump by 11 %

Apr 2013 – Jun 2013 · 2 mos

• Used analytical tools like Matlab and R to find out a pattern in the data generated for analysis of stress levels
• Determination of an optimal threshold level to optimize the weight of Inline Pumps

Jan 2012 – Jan 2013 · 1 yr · IIT Kharagpur

• Managed a budget of INR 55,000 to organize events like field trips, fresher, sports day and farewell function
• Instrumental in restarting department magazine “Wings“ and developed a new department website