Swarnendu Chakraborty, SCR

Associate Partner

Dubai, United Arab Emirates13 yrs 6 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Expert in IFRS9 modeling and economic capital assessment.
Led regulatory stress testing initiatives for HSBC MENAT.
Developed advanced credit models and analytics tools.

Stackforce AI infers this person is a Fintech expert with a strong focus on risk management and regulatory compliance.

Contact

Skills

Core Skills

Credit RiskInternational Financial Reporting Standards (ifrs)Model RiskMachine Learning

Other Skills

Ab InitioAccount Portfolio ManagementAlgorithmsAnalyticsApache SparkBanking LawBasel IIBig DataCC++Climate Change ScienceClimate ModelingClimate RiskCognosCollaborative Leadership

About

At HSBC MENAT, my role as Regional Manager centers on steering IFRS9 ECL estimations and managing Stress Testing, ensuring compliance with diverse regulatory standards such as CB-UAE and DFSA. Within the realm of risk management, my expertise in IFRS9 modeling and economic capital assessment plays a pivotal role in the organization's strategic decision-making. The development of robust credit models and analytics tools during my tenure reflects our team's commitment to excellence and innovation. Working with advanced programming languages like SAS and MATLAB, we have successfully executed critical regulatory reporting and internal stress testing, contributing to the bank's resilience in a dynamic financial landscape.

Experience

Hsbc

5 roles

Senior Regional Manager / VP, IFRS9, ICAAP, Portfolio Management, Wholesale Credit Risk, MENAT

Promoted

Sep 2024 – Present · 1 yr 6 mos

Credit RiskWholesale BankingInternational Financial Reporting Standards (IFRS)Stress TestingPortfolio ManagementStakeholder Management+4

Regional Manager IFRS9 & Stress Testing, Credit Risk Management, MENAT

Promoted

Mar 2022 – Sep 2024 · 2 yrs 6 mos

Driving month-on-month IFRS9 ECL (and LIC) estimation for wholesale portfolio through the collaboration with senior management of the Bank
IFRS9 ECL – Regulatory Reporting
Driving and executing the Regulatory (CB-UAE, DFSA, PRA etc.) & Bank’s internal Stress Testing activity and reporting
IFRS9 and Stress Testing Modelling
Extensive knowledge in working with different regulators like CBUAE, DFSA, PRA

Model RiskStreamliningBanking LawCollaborative LeadershipInternational Financial Reporting Standards (IFRS)Portfolio Analytics+3

Manager, Risk Management, Global Risk & Analytics

Promoted

Jan 2021 – Mar 2022 · 1 yr 2 mos

Development of Bank’s Global IFRS9 Framework
Development of IFRS9 PIT (PD, LGD) Credit Models
Development of the Global Economic Capital (EC) Model for Credit and Market Risk
Development of the Economic Capital based Portfolio analytics tool

Model RiskStreamliningCredit RiskMATLABBanking LawBasel II+2

Assistant Manager

Promoted

Mar 2019 – Dec 2020 · 1 yr 9 mos

Development of the Global Economic Capital (EC) Model for Credit and Market Risk
Economic Capital model is based on Merton type model using the Monte Carlo Simulation
VaR Calculation
Portfolio Management tool

Model RiskStreamliningSAS (Programming Language)

Analyst

Aug 2017 – Feb 2019 · 1 yr 6 mos

Economic Capital estimation of the HSBC Bank in Group Level as well as regional level.
Non Parametric Estimation of Capital Adequacy
Capital allocation depending on the credit quality of corporate counterparties
Random Number generation using copula
Matlab & Parallel Programing
Cloud Server deployment

SAS (Programming Language)

Crisil global research & analytics - an standard & poor global company

Quantitative Analyst

Aug 2016 – Aug 2017 · 1 yr · Chennai Area, India

Quantitative model building (Credit Risk / Market Risk) for world's largest investment banks.
Predictive analysis
Time Series Modelling
Model Validation
Statistical Analysis
Big Data Analytics

Dublin city university

Research Intern -Automated Risk Detection Using Machine Learning,NLP,Data Mining,Sentiment Analysis

May 2015 – Jul 2015 · 2 mos · Dublin Ireland

I worked as an intern with CNGL Team which is a common research platform made by Dublin City University , Trinity College Dublin , University college Dublin with the industry partner like Google , Microsoft , Syntel , IBM Research , LinkedIn , facebook etc. in Dublin Ireland for three months.
The title of My Project was :: Automated Risk Detection depending on the various news Source and analysing recent Market Trend.
Here the objective to predict the upcoming risk for a particular domain crawling the numerous RSS data source and Social Media.
I have used mainly Machine Learning , Natural Language Processing , Sentiment analysis and Data Mining.

Indian statistical institute

Indian Statistical Institute

Jul 2014 – Jul 2016 · 2 yrs · Kolkata Area, India

I have done my Master Of Technology degree from this institute in the major of Computer Science.I am keen interested in the field of Data Science , Natural Language Processing, Information Retrieval , Data Analytics , Predictive Modelling and Machine Learning. I have worked in various project of these domain for last 2 years with industry and academic collaboration.