Stock Markets
VARUN MAHADEVAN
Market Risk Business Analyst
Sundarapandiapuram
Summary
To enhance my professional skills, capabilities and knowledge in an organization which recognizes the value of hard work and trusts me with responsibilities and challenges.
Overview
12
12
years of professional experience
68
68
years of post-secondary education
3
3
Languages
Work History
Market Risk Business Analyst
Barclays Global Service Centre Private Limited
08.2023 - Current
- To understand and prepare Business and Functional requirement documentation for Scenario Service as part of Fundamental Review of Trading Book IMA model (FRTB IMA)
- It is crucial to identify the risks and categorize it relevant to trading book including equity prices, FX, Interest rates and Credit Spreads.
- Performing validation and backtesting using historical data to ensure they provide accurate representation of potential Market conditions
- The Variance team provides statistical models and runs the matches in Development environment of the scenario service which will help us the Scenario Service team understand which risk factors to focus on to generate necessary shocks in risk engine
- To ensure pricing of securities are appropriate we check with data providers such as Bloomberg, refnitiv to ensure trades from front office are processed accurately in order to capture sensitivity of the trades
- Working experience with Confluence and JIRA Agile Project Management Methodologies.
- Have handled Multiple Project documentation and knowledge like RFET, GSABR, FRTB IMA implementation Etc.
- Co-ordinating with Variance, Developers and support teams to understand the flow of the project requirements to ensure that documentation is prepared accurately with proper detailed information.
Senior Analyst
Apex Funds Services
01.2022 - 07.2023
- Performing End to End NAV Calculations and deliverables for Australian based funds
- Booking Capital Transactions (Subscriptions and Redemptions)
- Trade booking across different asset classes like Equities, bonds and Derivatives
- Forex booking for spots and forwards
- Performing reconciliation activities for trades Corporate actions
- Setting up security for a trade in new ISIN for which we might have an corporate action or a trade
- Performed Root cause analysis for errors that occurs in funds
- Price check for all securities to ensure its priced as of valuation date (NAV date)
- Finally running the valuation and checking the reports to be delivered accurately to the client
- Applications Used: Hiportfolio, Bloomberg, ICE Data Services
Senior Associate
BNP Paribas Securities and Services Private Limited
11.2018 - 01.2022
- To Prepare and deliver NAV of Paris clients in a timely manner with proper accuracy
- Conducted comprehensive NAV analysis, reconciliation of Cash and Positions
- NAV calculation and validation through review of information received from pricing and reconciliation teams
- Trade processing and Trade reconciliation
- Reviewing Corporate Actions, accruals and fees calculations
- Experience in working Master and Feeder structures funds
- Assisted in Month end closure activities of the funds
- Detail analysis of investment portfolio, assessing risk and performance
- Collaboration with pricing and other related teams to ensure NAV related data and collected to ensure valuation is accurate and complete
- Applications Used: Multifonds, Pcontrol, WEM, Intellimatch
Process Executive
Societe Generale Global Solution Centre Private Limited
08.2014 - 11.2018
- To perform NAV deliverables with appropriate numbers and clean accuracy
- Administered trade processing, trade integration for different asset classes like Equities, bonds, UCITS
- Checking discrepancy between Our books and Custody
- Managed pricing and corporate actions check with bloomberg for all securities held in the fund
- Worked on SWIFT Messages like MT564 MT568
- Review security valuation equity, fixed income and settlements of trades based on custody
- Monitoring corporate actions and margin movements in the funds for both cash and positions
- Planning and support to management by developing and implementing procedures
- Was involved in periodic audit reports in accordance with necessary audit requirements
- Applications used: GP3, Accurate
Financial Associate
RR Donnelley India Outsource Private Limited
12.2012 - 03.2014
- To perform private Equity transactions involving GP and LP transactions
- Prepared and updated ledgers including daily, monthly and quarterly reconciliation
- Checking Financial records and financial reports for accuracy
- Ensuring accuracy of month end closing process
- Supported portfolio trading groups with daily performance and cash Management
- Assisted clients and consultants with performance, accounting and resolved their queries
- Applications Used: Vantage
Education
FRM Part 1 Passed - Risk Management
GARP Institute
USA 04.2001 - 01.2022
CFA Level 1 - Investment Management
CFA Institute
USA 04.2001 - 01.2018
Bachelor of Arts - Commerce
Madras University
Chennai 04.2001 - 01.2012
Post Graduate Program - Artificial Intelligence For Leaders
Great Lakes Institute of Management
University Of Texas 04.2001 - 01.2021
Skills
Financial Markets and Derivatives
Credit Ratings
Corporate Finance
Excel functions for Financial Analysis
Data Analytics
Python Basics
VaR calculation using Excel
Achievements And Awards
- Was regarded for handling critical client funds with zero error in a quarter.
- Active participant in sporting activities: Have won player of the tournament awards in Cricket representing my school team.
- Have participated and won inter corporate events across sports and games like Cricket, Table Tennis, Carrom, Chess.
Interests
Conducting Trainings
Knowledge sharing with team
Participating in Sporting Activites
Timeline
Market Risk Business Analyst
Barclays Global Service Centre Private Limited
08.2023 - Current
Senior Analyst
Apex Funds Services
01.2022 - 07.2023
Senior Associate
BNP Paribas Securities and Services Private Limited
11.2018 - 01.2022
Process Executive
Societe Generale Global Solution Centre Private Limited
08.2014 - 11.2018
Financial Associate
RR Donnelley India Outsource Private Limited
12.2012 - 03.2014
FRM Part 1 Passed - Risk Management
GARP Institute
04.2001 - 01.2022
CFA Level 1 - Investment Management
CFA Institute
04.2001 - 01.2018
Bachelor of Arts - Commerce
Madras University
04.2001 - 01.2012
Post Graduate Program - Artificial Intelligence For Leaders
Great Lakes Institute of Management
04.2001 - 01.2021