PRAKASH KRISHNAMURTHI

PORTFOLIO MANAGEMENT FINANCE MANAGER

818-***-**** ac77ox@r.postjobfree.com www.linkedin.com/in/prakash-krishnamurthi

PROFILE

Recognized finance professional with 14+ years progressive experience in portfolio / risk /

operations management. Proven expertise executing high visibility, complex projects

Portfolio Management Improved liquidity by reducing USD 1.5 Billion distressed assets

Operational Risk Reduced operational risk by overhauling 3 critical business process

Data Mining / Analysis / Insights Leveraged large data sets to identify drivers of trends

Business Intelligence Designed 6 insightful dashboards for various business / portfolio

SKILLS

Finance ALM, VaR, Portfolio Optimization, Monte Carlo, Interest Rate models and derivatives

Tools & Applications CAS, TOAD, Tableau, Bloomberg, QRRMB, Yieldbook

Languages & Database VBA, SQL, Python, Matlab, C++, R

Others - Excel, Powerpoint, Data Mining, Machine Learning

PROFESSIONAL EXPERIENCE

2004 2018

BANK OF AMERICA, California,

07/2018 10/2018

Chief Investment Office, Director

Run analysis and reporting for USD 250 Billion fixed income portfolio of government / agency bonds

Partnered with portfolio managers to design and win executive approval to implement key change

to portfolio allocation leveraging unique funding structure optimizing capital and returns

Developed new procedures to enhance controls for all the critical models to corporate standards

04/2014 06/2018

Loan Portfolio Management, Director

Run analysis and reporting to manage USD 250 Billion residential mortgage portfolio for ALM strategy

and Balance sheet management subject to NII, ROE, Capital, LCR and other constraints

Identified / executed strategies to reduce impaired assets by USD 300 Million with 5 Million gains

Optimizing available insurance, expected losses executed 170 Million sale booking 7 Million gains

Developed financial analysis / presentations to facilitate sale of 1 Billion loans with 63 M gains

Built innovative process to identify 8 Billion for sale resulting in significant operations cost savings

Developed comprehensive reporting for KPI monitoring used proactively by portfolio managers

Resolved fee disputes totaling 264 K through successful negotiation with government third party

Cleared external / internal audit test implementing improvements to key reconciliation process

W orking with cross functional teams to improve key capital and liquidity ratios, provided loan and

securities analytics to facilitate conversion of 15 Billion illiquid loans to liquid securities

Lead liaison to IT developers to identify, implement, test changes to reporting architecture

04/2012 03/2014

Corporate Investments Group, Vice President

Provided quantitative and qualitative expertise for GNMA redelivery loan analytics process, reporting

Enhanced and guided process improvements and provided analytics resulting in increased

monthly sales from USD 75 Million to 400 Million with 7 Million gain per 100 Million of sales

Overhauled key reporting system supporting critical regulatory reports to dramatically reduce

operational risk meeting SOX requirements ensuring audit certification

Lead efforts to successfully plan, implement & test migration from oracle system to MS SQL

818-***-**** Prakash Krishnamurthi Page 2

03/2007 03/2012

Secondary Marketing

10/2010 03/2012

Vice President

01/2008 09/2010

Assistant Vice President

03/2007 12/2007

Senior Analyst

Oversaw monthly loan repurchases, improving trading analytics, execution, providing business analytics

Executed 20 USD Billion non-performing government loan repurchases plan resulting in lowered

operational overhead, interest expenses by 66 USD Million meeting regulatory compliance

Business / Systems Analysis to build application features and facilitated user acceptance

Rallying key stakeholders influenced closing of product line to protect against significant losses

Reduced roll cost and improved position reporting by accurately analyzing mortgage pull through

Reduced pricing time 80% percent by developing automated tools to calculate add -ons

Improved execution price accuracy by identifying and fixing anomalies in proprietary engine

Under challenging timeline, built KPI report for auditor performance leading to quicker resolution

Successful lead business analyst to migrate 300+ legacy data elements to new sources

Administered a data hub extraction module with 100+ elements for modelling and pre-sales team

06/2004 02/2007

Pipeline Risk Management

03/2006 03/2007

Senior Analyst

06/2004 03/2006

Analyst

Produced and prepared daily hedging recommendations managing the risk process end -to-end

Prepared daily hedge recommendations to manage interest rate risk of 100 Billion portfolio

Reduced validation time 30% by developing an attribution to explain sensitivity change

Developed valuation engine using option / fixed income mathematics to validate prices

EDUCATION

Master of Science (MS) in Financial Engineering Claremont Graduate School, Claremont, CA

Master of Science (MS) in Computer Networking North Carolina State University, Raleigh, NC

Bachelor of Engineering (BE), Electronics Engineering University of Madras, Chennai, India

CERTIFICATIONS

Data Visualization with Pyhton

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