Development/Program Manager

Mangesh Karandikar

Phone: 203-***-****

*******.**********@*****.***

Professional Profile

Equity derivatives domain knowledge coupled with IT and managerial skills.

10+ Years experience in Risk management IT

8+ Years experience in Front office IT

5+ Years experience with Volatility Management tools

Specialties:

Equity derivatives front office, Risk management, expert in system integration and migration, front-to-back processing, people management.

Professional Accomplishments

Manager – Pricing and Parameters Program – UBS – 2006 till date

 Designed and developed infrastructure to calibrate parameters and price VIX options/Futures using Data Synapse based grid computing infrastructure

 Designed and developed infrastructure to price and quote structured products to the secondary market.

 Overseeing development of the infrastructure to allow derivatives trading manage volatility and dividends.

 Deployed changes to the risk system to include UBS funding spreads in valuations.

 Designed and developed solution to calculate ‘real-time’ basket parameters.

 Manged development of pricer used by trading to price OTC and listed option strategies.

Desk development Manager – UBS – 2003 till 2006

 Designed and developed an infrastructure to visualize Volatility, Stock returns, credit spreads related analytics for Derivatives trading.

 Designed and developed a decision support onfrastructure for convertible bond desk to be able to view up-to-date comparison of market prices theoretical values at the trade level.

 Designed and developed an utility to view snapshot of aggregated risk across all derivates and Cb desks.

Risk System Manager – UBS – 2000 till 2003

 Responsible for compute and reporting components of Objective-C based Equities risk management and valuations platform

 Global development manager responsibilities for risk management system enhancements

Risk System Developer – Swissbank – 1996 - 2000

 Developed P&L modules in the risk system

 Deployed risk systems in Asia – Tokyo, Hong Kong and Sydney

Education

Bachelors - Mechanical Engineering

References

Available upon request.

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