Sapna Desai

**** ***** *****, *** *,

Santa Clara, CA 95051

ac3fi0@r.postjobfree.com

+1-669-***-****

Education

Qualified PhD Candidate (ABD), Aug 2003 to June 2005

Information Management Systems

Stevens Institute of Technology, Hoboken, NJ, GPA-3.7

Master of Computer Engineering, June 2003

Stevens Institute of Technology, Hoboken, NJ, GPA -3.5

Bachelors of Electronics Engineering, June 2000

Mumbai University, Mumbai, India, Passed in First Class

Skills and Certifications

Series 7 & 63

Experience

Manager-Derivatives(Credit, Rates, Equities), Calypso Technology, Mumbai, India Feb 2013 to Feb 2017

Responsible for quality assurance of credit, interest rate and equity derivative products. Worked on different projects like pricing sheet for Credit Derivatives, Credit Event Enhancements, Thai Money Market day count conventions, Structured Flows, Treasury Lock for Leumi, OMX Listed FRA for SwedBank, Real yield inflation swaps to mention a few. Also worked on the front office workstation for the traders with live market data, risk and PnL

Worked on monthly regression test suites for CRD, IRD and Equity products.

Carried out testing of JIRAs that came in as P2s from the client after interacting with the devteams and product management teams

Carried out testing of JIRAs that came in as Enhancements -P5/P6 as new development after working very closely with dev teams and product management teams.

Participated in the hiring process for QA organization in Mumbai.

AVP – Fixed income Desk, Kotak Mahindra Bank Dec 2011 to Feb 2012

Led daily Risk and PnL management support to the Treasury desk

AVP - Options and Agency Desk, Deutsche Bank, NY, USA Apr 2007 to Jun 2011

Led daily Risk and PnL management support to the options and agency desk.

Gained in-depth understanding of trader’s risk and PnL, learned modeling and pricing of trades using analytics as a backbone, successfully analyzed portfolio level risk for front office for their hedging needs under chaotic market conditions, re-engineered market data for Fixed Income rates.

Successfully implemented SABR model for Options desk after gathering business requirements and translating those for IT and various other teams.

Worked on the Cheyette model implementation for Bermudans.

Participated in the OIS discounting model change for the fixed income desks for the Bank.

Chaired a knowledge network committee and initiated training programs for various teams on numerous topics.

Sales Associate, Hedge Fund Rates Sales, Barclays Capital, NY, USA Jun 2006 to Apr 2007

Worked closely with the senior sales executives focusing on the needs of leading hedge fund clients for range of products that included leveraged financing, US treasuries, Swaps, Vanilla and Exotic options.

Increased the hedge fund financing business by nearly 10% in just three months.

Developed thorough understanding of derivative hedge fund operations, portfolio needs, and risks by providing them seamless, accurate and quick execution.

Analyzed client portfolios and worked with the trading desks to suggest trade ideas to both assist the client as well as help the desk exit out of their axe.

Provided clients with market color, themes, trade ideas, as well as trade modeling and compactions.

Successfully negotiated with the trading desks on pricing and execution.

Analyst, US Fixed Income Rates Structuring, Barclays Capital, NY, USA Oct 2005 to Jun 2006

Worked on the structuring desk covering the fixed income trading desk and cross rates team (financial institutions group, hedge funds, and real money).

Performed statistical analysis on swaps and volatility to provide clients with relative value trade ideas, and commentary on market direction

Maintained hypothetical book of trade positions to monitor the ongoing performance of recommended trades

Assisted Lead Structurer in publishing regular market commentary and trade ideas

Utilized proprietary derivative pricing models for pricing, execution, and research of structured transactions

Associate Intern, IT Infrastructure, Barclays Capital, NY, USA

Developed servicing platform for raising requests by the front office. Worked closely with the Fixed Income IT support group and the front office after which made a career migration from the IT to the Business in Oct 2005 by starting on the Fixed Income Structuring Desk.

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