Summary
Overview
Work History
Education
Skills
Honours And Awards
Personal Information
Timeline
Generic

Sarthack Bhadauria

London

Summary

Dynamic and results-oriented business consultant with nearly 10 years of global experience driving strategic initiatives for top-tier commodity trading firms. Expertise spans trading, risk management, target operating models, analytics, process and controls design, governance frameworks, and technology solutions (Power BI, E/CTRM). Proven track record in leading cross-functional teams and collaborating with diverse stakeholders while upholding the highest standards of professionalism, ethics, and integrity. Adept at navigating complex, evolving environments, delivering innovative solutions, and meeting demanding project requirements with resilience and agility.

Overview

12
12
years of professional experience
6
6
years of post-secondary education
3
3
Languages

Work History

Senior Manager, Commodities Market

Ernst & Young LLP
London
10.2023 - Current
  • Spearheaded the implementation of the UK Corporate Reform (UKCR) for a leading global commodity trading firm, overseeing a large-scale engagement that spanned multiple Commodity Management Teams (CMTs) across seven countries.
  • Collaborated closely with the client to design and implement standardised processes and control matrices, covering the end-to-end trading deal lifecycle.
  • Developed a comprehensive Internal Controls over Financial Reporting (ICFR) scoping and compliance plan tailored to their trading strategies, addressing the needs of various business units and CMTs worldwide.
  • Established an organisational management attestation process, empowering the CEO and CFO to externally attest to the effectiveness of internal controls.
  • Led the creation of a working capital optimisation framework and a proof-of-concept tool for a global energy trading firm. This innovative tool empowered management to quantify working capital utilisation and analyse the cash conversion cycle at the trading desk level. Key benefits included the identification of operational levers to enhance the cash conversion cycle, driving profitability and improving liquidity. Additionally, the tool facilitated the calculation of return on capital for each trading desk, providing valuable insights for strategic decision-making.
  • Led cross-functional teams to achieve project milestones and deliver high-quality results.
  • Collaborated closely with peers from other departments to drive organizational success jointly as one cohesive unit.
  • Reduced costs, optimized resource allocation, and improved efficiency in managing projects.
  • Improved team performance by providing comprehensive training and fostering a collaborative work environment.
  • Mentored junior staff members for skill development and career progression within the organization.
  • Managed budgets effectively, optimized resource allocation, and improved efficiency while achieving financial objectives of the engagement.
  • Managed large-scale projects and introduced new systems, tools, and processes to achieve challenging objectives.
  • Demonstrated exceptional adaptability in navigating complex situations or rapidly changing environments with ease.
  • Spearheaded change management efforts for seamless adoption of new systems or processes among employees.
  • Championed process improvement initiatives that led to significant cost savings without compromising on quality standards.
  • Streamlined internal processes for financial reporting, ensuring accuracy and compliance with regulatory standards.
  • Enhanced team performance with regular coaching sessions, focusing on individual strengths and areas for improvement.
  • Developed detailed plans based on broad guidance and direction.

Manager

Ernst & Young LLP
London
10.2021 - 09.2023
  • Reviewed the system integrity of ETRM (Energy Trading Risk Management) system, ensuring seamless integration with enterprise applications and readiness for go-live, driving operational efficiency and minimising deployment risks.
  • Assisted a Middle East National oil company (NOC) to establish a new Trading entity under the Group that enables the client to optimise their equity production and achieve competitive advantage in the region.
  • Designed a target operating model and established an organisational structure.
  • Highlighted potential options after considering legal/regulatory requirements and leading practices in regional and global peers.
  • Designed trading strategies and front-to-back business process flows for day zero operations.
  • Directed an extensive review of Market, Credit, and Liquidity risks for a prominent Integrated Oil Company (IOC) with operations across five countries and annual revenues exceeding $100 billion.
  • Conducted a thorough evaluation of governance structures, trading mandates, and risk management frameworks, leading to the development of a strategic action plan that effectively addressed identified gaps.
  • Implemented recommendations that strengthened risk mitigation efforts and ensured alignment with industry best practices, enhancing the organisation's overall risk and governance framework.
  • Led a strategic initiative for the trading arm of a major IOC, redefining the operating model and supporting their transformation journey, enhancing operational resilience and alignment with global standards.
  • Developed a collective energy procurement strategy for a large UK organisation, offering members protection from price volatility, market-aligned rates through long-term hedging, unified wholesale purchasing, and reduced operational costs.

Assistant Manager

Ernst & Young LLP
London
11.2020 - 09.2021
  • Supported the launch of a centralised trading entity for an Oil & Gas group, developing comprehensive business functional documentation for front, middle, and back-office processes, and designing a competitive remuneration model aligned with industry standards.
  • Conducted a comprehensive review of trading operations for a leading Southeast Asian Oil & Gas company, identifying critical gaps in middle and back-office functions.
  • Developed a prioritised action plan for issue resolution and strategic growth, benchmarking against best practices of top NOCs, IOCs, and trading entities.

Senior Consultant

Ernst & Young LLP
Mumbai
04.2019 - 09.2020
  • Developed Commodities Risk Analytics Suite with a blend of advanced analytical tools (Power BI, Python) and business knowledge that would assist clients to solve complex business problems across the organisation.
  • Bespoke utilities and management dashboards can be leveraged to seek opportunities for performance enhancement, tighter governance and risk management, improved productivity, and cost optimisation.

Risk & Market Analyst, Deals Desk

Trafigura
Mumbai
04.2016 - 04.2019
  • Collaborated with front office to develop product placement strategies, optimising trade margins within defined risk parameters and enhancing blending profitability through strategic decision-making.
  • Conducted rigorous evaluations of deal rationales for term and spot trades, ensuring alignment with procurement requirements and hedging strategies to optimise trading performance.
  • Designed advanced arbitrage models to support traders in formulating sourcing strategies for physical short positions, leveraging data from key trading hubs to identify profitable opportunities.
  • Responsible for executing hedging strategies for physical exposure, mitigating risk through effective use of exchange and OTC markets.
  • Monitored and analysed risk metrics and mark-to-market (MTM) valuations for LPG and mid-distillates trading books.
  • Authored daily market commentaries and risk analyses for senior management and traders, explaining P&L fluctuations driven by market dynamics and delivering insights on financial health of the book.
  • Collaborated with Tax and Audit teams to ensure compliance with international accounting standards, facilitating accurate financial reporting and regulatory adherence.
  • Performed comprehensive post-deal P&L reviews, analysing all trading costs, legal contracts, duties/taxes, and prior business experiences to quantify and mitigate risks.
  • Led change management and user acceptance testing (UAT) during the transition from ASPECT to an in-house ETRM system, acting as a change agent to drive successful implementation and adoption.

Systems Engineer

Infosys Ltd.
Pune
08.2013 - 08.2014
  • Developed and implemented stakeholder requirements, designing a user-friendly application using JAVA technology.
  • Achieved top 5% ranking among 700 trainees in the Infosys Systems Engineer Training Program at the Mysore Campus, demonstrating technical proficiency and excellence.

Education

Master of Management Studies - Finance

Mumbai University
08.2014 - 06.2016

Bachelor of Engineering - Electronics & Telecommunication

Mumbai University
07.2008 - 06.2012

Skills

Strategic Initiatives

Cross-functional collaboration

Project Management

Stakeholder Management

Business development

Change management

Honours And Awards

  • Recognised by EY Leadership with multiple awards for exceptional delivery of strategic solutions.
  • Earned the 'Client Champion' award for outstanding contributions to a high-profile international project.
  • Recipient of Trafigura's prestigious Leadership Award at the 2017 Annual Event.

Personal Information

Date of Birth: 12/16/90

Timeline

Senior Manager, Commodities Market

Ernst & Young LLP
10.2023 - Current

Manager

Ernst & Young LLP
10.2021 - 09.2023

Assistant Manager

Ernst & Young LLP
11.2020 - 09.2021

Senior Consultant

Ernst & Young LLP
04.2019 - 09.2020

Risk & Market Analyst, Deals Desk

Trafigura
04.2016 - 04.2019

Master of Management Studies - Finance

Mumbai University
08.2014 - 06.2016

Systems Engineer

Infosys Ltd.
08.2013 - 08.2014

Bachelor of Engineering - Electronics & Telecommunication

Mumbai University
07.2008 - 06.2012

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Sarthack Bhadauria