Subhasish Paramanik, CFA, FRM

Associate Consultant

Bengaluru, Karnataka, India7 yrs 3 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Expert in Market Risk and Quantitative Finance.
Proven track record in Interest Rate modelling.
Strong analytical skills with experience in risk management.

Stackforce AI infers this person is a Fintech expert specializing in Market Risk and Quantitative Analytics.

Contact

Skills

Core Skills

Market RiskQuantitative FinanceRisk ManagementQuantitative Analytics

Other Skills

CommunicationQuantitative ModelsInterest Rate SwapsVaRMATLABEquity DerivativesOptimization AlgorithmsModel ValidationBack TestingMargining ModelJavaComputer SciencePandas (Software)Risk AnalyticsFinancial Instruments

Experience

Empower

2 roles

Lead Analyst Market Risk Analytics

Sep 2024 – Present · 1 yr 6 mos · Bengaluru, Karnataka, India

Senior Analyst Market Risk Analytics

May 2022 – Aug 2024 · 2 yrs 3 mos · Bengaluru, Karnataka, India

1. Spearheaded stochastic Interest Rate modelling, Volatility modelling, Asset/Liability projections using Actuarial Models (MG-Alfa) and MATLAB for Swaptions to understand Interest Rate Risk & provide detailed analysis on Market Risk sensitivities and portfolio risk (such as VaR, CTE, RORAC)
2. Formulated Delta/Gamma hedging using equity derivatives such as vanilla options (strategies involving Call-Put spread), Repo-Options as well as created the optimization algorithm to hedge against liability
3. Led the Pricing and valuation of instruments across Fixed Income and Equity asset classes as well as tracking, researching interest rate trends of US market and rebalance hedge strategies
4. Supported the transition in the implementation of 18f-4 team to report and analyze back testing exceedance and report monthly fillings and Performance analytics of Multi Asset Fixed Income portfolios
5. Collaborated with Head of Market Risk to carry out model validation, back test and evaluate conceptual soundness of models & have good exposure to numerical methodologies, Optimization algorithms and time series.

CommunicationQuantitative ModelsMarket RiskQuantitative Finance

The clearing corporation of india limited

Assistant Manager

Sep 2020 – May 2022 · 1 yr 8 mos · Mumbai, Maharashtra, India

1. Worked as part of a team on the LIBOR transition, responsible for developing the MATLAB version of Margining model for Modified MIFOR trades.
2. Led the quarterly Portfolio Compression exercise conducted by CCIL for MIBOR-OIS, MIFOR, and Forex Forward trades.
3. Maintain and enhance Python and MATLAB code of stressed VaR model for IRS Portfolios.
4. Adhoc data analysis, validation of conceptual soundness, and summary reports of relevant RBI notifications for CRO.
5. Gained a deep understanding of the entire risk management and internal working of a Central
Counterparty including the waterfall model and default fund concept.
6. Development of logic for various risk functionalities and UAT testing

CommunicationQuantitative ModelsRisk ManagementQuantitative Analytics

Karvy insights limited

Quantitative Research Intern

Apr 2019 – May 2019 · 1 mo · New Delhi Area, India

1. Worked on the first draft of Questionnaire making in accordance with objectives under the supervision of seniors
2. Conducted extensive research on client categories to have thorough understanding of the nuances of the brand
3. Used various software to check, monitor the progress of fieldwork and track key metrics
4. Learned to analyze and interpret data to identify patterns and find solutions
5. Worked on the first draft of reports based on the findings from quantitative research

Communication

Accenture

2 roles

Application Development Analyst

Jun 2016 – Dec 2016 · 6 mos · Bengaluru Area, India

1. Working as a part of the team responsible for the development of Pricing, Quoting and Order domain of the Active Configuration Tool (ACT) in my VCE project
2. Worked on the requirement analysis, design and Implementation of the VBlock & VxBlock using
Spring and Hibernate

CommunicationJava

Associate Software Engineer

Mar 2015 – Jun 2016 · 1 yr 3 mos · Bengaluru Area, India

1. Enhanced and modify the sanity testing using groovy script for smooth completion of production testing
2. Demonstrated the working of the product in front of Product Manager and senior leadership
3. Followed scrum based agile software development methodology while implementing user stories

JavaComputer Science