Management Project

NIRAL SHAH

Address: *** ****** **, ******* ** M*AOC3

Contact: 647-***-****; E mail ID: acxvm3@r.postjobfree.com

EXPERTISE

Capital Market

Equity, Derivatives, Commodities, Forex

Trading

Market Intelligence

Fund Management

Risk Management

Operations Management

Creative Thinking Skills

Order Management Systems

Portfolio Development

Client Relationship Management

Decision Making Methodology

Market Research

Team Management

Team Development

Execution Management system

Strategic Significance

Investment Banking

Business Development

Time Management

Budget Administration

PROFILE

Sincere and diligent professional with Distinction in MBA Finance from United Business Institute and over 8+ years of experience in Capital markets, Portfolio Trading & construction, Subject Matter Expertise, liquid securities trading, Equities, Derivatives, Options, Commodities & Forex(Basic), Investment Banking

Recently working as a Senior Business Systems Analyst at Franklin Templeton

Strong experience with Electronic Trading platform, Bloomberg and Excel

Enriched with the latest trends and techniques in the field of derivative markets & trading strategies across different asset classes, skilled in critical thinking, troubleshooting, problem analysis and resolution

Tracking market sentiments, real time developments in global financial markets and providing productive inputs to portfolio managers, facilitate generation of wealth and work towards trading calls offered to clients under the ‘Stock Flash’ brand

Industrious individual who thrives on a challenge, working effectively with all levels of management, analytical abilities & creativity to contribute to the team deliverables and team culture

Expertise in providing consultation on market analysis to assess prevalent financial & economic environment

Expertise in Buy side analysis of stocks listed on the stock exchange and management of the Model Portfolio offered to clients, model validation of equity and derivatives model

An articulate communicator with proven interpersonal and relationship management skills, honed with excellence and ability to work under pressure in a fast-paced, high performing and sensitive environment

Meticulously attentive to details and ability to maintain focus in times of stress

Demonstrate intuition and sound judgment in decisions related to assigned duties

Proven ability to work independently as well as in a team, guided by principles of integrity and partnership

Self-motivated, flexible, reliable and someone who takes pride and ownership of work

RELEVANT EXPERIENCE

Company Name: Franklin Templeton JAN 2015 - PRESENT

One of the largest asset management company in the world with around 800B+ AUM

Senior Business Systems Analyst

K2DI (K2 US fund Data Integration)

Responsible mainly for providing solution which is generic as well as specific for every Third Party Administrator on boarded by FTT

Understanding the business requirement and providing the optimal solution which is generic in nature for future scalability

Responsible for managing team of developers off-shore (California, India)

Documenting the findings and solution in Solution Design Document

Simplifying Complex Derivatives like Currency Contracts (Spot & Forwards), Swaps (TRS, IRS etc), Fixed Income, from technological standpoint for better understanding of developer

Assist in developing of TSD (Technical Solution Design Document)

Creation of a new feed for importing data from the Fund into FTI internal Systems

To make the new data available to downstream systems for further processing

Feeds majorly include synchronization with the downstream system related to pricing, collateral management, Risk Management, Internal Compliance (PTA)

Responsible for data mapping from external files to internal FTT systems

Prioritizing the critical issues to be resolved from business

Translating problems in business terms and providing relevant examples as required

Creation of Process Flow Diagram for exception processing and handling

Following the project guidelines both on waterfall and agile models (some modules of project)

Managing time lines for delivery of the code

Updating the project manager with the first-hand information on the solution deliverables, including the challenges faced and resolved

Technical Environment

Excel, MS VISIO, MS PROJECT, PROGRESS, ONETIS, HP ALM, JIRA

Company Name: CIBC MAY 2014 – NOV 2014

4th largest Canadian bank with a market capitalization of $35B.

Business Analyst Wholesale Banking Enterprise Technology / Capital Market Trading

Facilitating JAD sessions to gather, analyze, and consolidate information and data for project

Responsible for documentation of new requirements and liaising between Cognos and ETL team

Providing solutions for generation of new reports for the business

Knowledge of Software Development Life Cycle (SDLC) phases such as Planning, Analysis/ Desgin, Development, and Testing for the software development process

Performed requirement analysis by gathering both Functional and Non Functional Requirements based on interactions with process owners and stakeholders

Created Data Mapping Documents and worked with business to write transformation rules

Well versed in project management tools like MS-Project for status reporting and planning

Expert in conducting business reviews, walkthrough sessions facilitated weekly meetings/reviews

Strong presentation skills and ability to tailor presentations towards different functional areas of business

Rendered the clients’ needs in specification and technical requests for the development team

Developed and document the implementation’s strategies and the production’s plans

Technical Environment

Excel, MS VISIO, DB VISUALIZER, COGNOS, JIRA, HP ALM

Company Name: True North Vantage (Canada) MAR 2014 – JUN 2014

Trading in APAC region current focus on Australia and Japan Equities

Responsible for development of algorithms and risk management models based on volatility

Analysing back tested report with special attention to avoid curve fitting and reduce drawdown using under water equity analysis model

Company Name: BP WEALTH PVT LTD (India) JUL 2013 – DEC 2013

BP WEALTH is a member of BSE, NSE, & MCX-SX with over 1000 Trader Work Stations with PAN India presence, head quartered in Mumbai with 200+ diversified team members

Head Quant Development

Managed 23 member team (Sales Traders, Prop Traders, Quant Developers, Risk Management, Research Team(Fundamental & Technical), IT Team )

Prop Book Exposure ( approx. 2mn CAD /100mn INR)

Added one of the largest private banks as a client within 15 days of joining the firm to existing client list

Demonstrated increase in revenue from clients substantially

SHREE NAMAN SECURITIES & FINANCE PVT LTD (India)

Naman Securities, headquartered in Mumbai, is part of the Shree Naman Group. The company is a member of BSE, NSE, MCX and a self-clearing member registered with SEBI

Head Strategy Development Jan 2012 - Jul 2013

Pioneered the Algorithmic Trading Desk consisting of Quant Developers, Traders, Technical Analysts and System Developers

Managed a Team Size of 13 team members

Laid down the framework and Architecture for Systems Trading and spearheaded the strategy team

Prop Book Exposure ( approx. 1.5mn CAD / 82.5mn INR)

SHREE NAMAN SECURITIES & FINANCE PVT LTD (India)

Head Institution Dec 2009 – Jul 2013

Ventured, Established & developed entire Institution desk for the firm and successfully added 19 Institutional Clients in span of 1 year which included Public Sector Banks, Private Banks, Insurance Companies, Pension Funds, Asset Management Companies

Managed Team size of 14 team members

Interaction with the lead vendors after identifying the requirement in establishing the desk/department with the necessary software & laying guidelines, forming policies for the processes to be followed

Prop Book Exposure (approx. 0.5mn CAD / 25mn INR)

SHREE NAMAN SECURITIES & FINANCE PVT LTD (India)

Proprietary Trader, System Developer Jun 2005 – Dec 2009

Prop Book Exposure

(Started with 0.1mn CAD / 5mn INR & went up to 1mn CAD / 60mn INR)

Pioneered the business automation process and attained the same with smooth transition from legacy systems with sufficient user training and development

Build Batch Processing System, Trade Management System

Lead a team of 5 Prop Traders and 7 IT professionals

Roles and Responsibilities

Execute large volumes of trade electronically daily without error and according to firm guidelines

Responsible for asset allocation, strategy development, back-testing, and risk modeling

Consistently added value to portfolio management and trading process by developing in depth understanding and implementing the same

8 years trading & development experience with electronic trading algorithms like trend following systems, delta neutral strategies, mean reversion, transaction cost reduction, low latency, opportunistic model, arbitrage, scalping, event arbitrage, alternative trading systems, high frequency trading

Proficient with Direct Market Access for fund houses pertaining to their equity basket or single stocks across exchanges/ segments using VWAP, TWAP etc

Understanding of recent developments in price return, risk modeling, portfolio optimization and statistical estimation techniques

Managed portfolio beta versus custom index benchmarks for the firms trading capital

Supporting the trading/investment process by gathering current business news topics and analyzing market color and communicating relevant information to portfolio managers, analysts and restructuring the firm portfolio accordingly

Responsible for managing the execution team to constantly review, monitor and improve quality of execution with efficiency and within the firm guidelines

Constructed portfolio and equity trade basket which optimized error tracking and transaction cost of the portfolio against standard slippages provided

Responsible for trading, deployment of cash, rebalancing across asset mixes by under weighing and over weighing of the existing assets in the portfolio

Interacted with CIO, Portfolio Managers, Fund Managers on the quantitative & fundamental investing teams, whereby providing advice on strategy implementation and structuring of trades

Developed and maintain strong relation with dealers, brokers, regulatory agencies etc

Abreast with global micro and macrostructure developments

Evaluation of execution strategies ensuring algorithms are being deployed according to characteristics of trades like risk, liquidity, volatility, risk tolerance etc

Trading pairs, quantitative long/short, sector long short, corporate actions, event driven strategies, equity arbitrage, index flow trading

Performing and Analyzing strategy back-testing with in-sampling and out-sampling of data, walkthrough analysis, and probable elimination of curve fitting strategies, giving a go ahead with key concentration on extra alpha generation

Selected a mix of stock based on the past performance whereby the allocation comprises 70% on high beta stocks and rest to be low return or defensive stocks

Electronic trading exchange traded Equities, Stock Futures, Index Futures, Stock Options,Index Options, Commodities, Forex(USD/INR)

Tracked a mix of midcap, small cap, large cap stocks from technical as well as fundamental aspects across sectors for recommendations to clients, managing the prop book & portfolio construction for the firm

Core focus on derivatives using mix of strategies for hedging as well as trading

Gathering information about missed priced assets, detail data analysis and valuation

Create market neutral strategies or directional trading across Equities and Derivatives segment both discretionary and systematic using a combination in investment analysis techniques over multi- period, multi-horizon and market impact

Use of technical analysis indicators like Stochastic, RSI, Moving Averages, MACD - Histogram, Oscillators, Bollinger Bands, Chandelier Exits, Parabolic SAR, VWAP, TWAP, Standard Deviation, Put/Call Ratio, etc for analysis of historical performance on the stocks, futures and commodities

Optimized the developed strategy, directly monitoring the execution of the same on day-to-day basis

Relied heavily on Under Water Equity Analysis for considering drawdown expected, Sharpe ratio, Payoff ratio, Average P/L, Recovery Factor, CAR/Max DD, RAR/Max DD, Profit Factor, Risk Reward Ratio, Standard Error, and review the same periodically

Understanding and implementing risk management models and adhered to the organizational policies pertaining to the same

Proactively contributed in analyzing the fundamentals of industry/company, facilitating meetings between potential client/promoters and senior company management, ensuring business growth

Advised for Portfolio Management and was part of the committee involving recruitment of financial executives and analyzing the fundamentals of the company and meeting the management

Liaised with regulatory authorities, legal advisors, co-bankers and other intermediaries for acquiring various approvals within stipulated timelines

Responsible to keep the department cost effective for the viability of the business

Developed a monthly equity view outlining global and domestic market commentaries and recommended investment strategy

Accountable for analysis & monitoring of stock movement, valuations, Key ratios within sectors / companies on the basis of fundamental research which was attained from the in-house research team, interacted with Fund Managers, Dealers on Buy side, Analysts, management to keep abreast with latest developments

Involved in client portfolio ratifications, meeting clients and working in close coordination with the banks proprietary equities trading team whilst recommending scripts

Industrial Training 2003

Unicorn Tech Private Ltd.

Testing of the product Data-Lock with functional, non-functional and destructive testing approach.

Developed the website for the company which included agreeing upon project charter after requirement analysis was done.

Wireframe and design elements planning, build development framework, test and verify links and functionality, setting up payment gateway.

Designing database table charts, cross platform and browser testing.

Upload to live server using File Transfer Protocol

Technical Environment

Dream Viewer, HTML, PHP, Adobe Photoshop, CSS, ASP.

PROJECTS

Developed Resume Processing Software for Datamatics Technology as a part of project submission using VB6, SQL Server, IMAP, SMTP

Developed a small ERP package for VIVA Book Publication Ltd (Free Lance)

oDesigned and developed the entire package named (Viva Library) which included invoicing, ability for end users to find the books at ease.

Technical environment

VB6, SQL Server

Headed the Computer and Designing Department K C College (in-House Festival KIRAN)

oResponsible for designing and development of website along with designing, creating mascot for different departments and brochure creation etc.

EDUCATION

MBA (Finance), United Business Institute, 2012. (Distinction)

Bachelors of Science (Information Technology), K C College, University of Mumbai, India (2004)

Diploma in Financial Management (Part Time), NMIMS (2004)

CERTIFICATIONS

Pursuing CSC and higher certifications

NCFM Derivatives Module

MCX Certification, Commodities

NCFM Dealer Module

NCDEX Certification, Agri-Commodities

NISM SERIES VIII Equity Derivatives

INTERNATIONAL Competition for Schools(Science)

TECHNICAL SKILLS

Technical Software’s:

Bloomberg, Ami Broker, Falcon, IGUIDESTOCKS, Chart Nexus, Visual Studio 2010,

MS Visual Studio, NET Framework, Dream Weaver, Adobe Photoshop

Languages:

C#, VB6, SQL, HTML, PHP, C, C++, Microsoft Office, Visio

Front End:

NEAT, TWS AND ODIN, Currency Derivatives MCX Trader Workstation

Back End:

FT STP, ComTek (Windows), SQL Server 2000

References: Available on request

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