Lead Front Office trading Support

Sree Nikesh Reddy Nandalur

** ****** ******, ***: 432, Jersey City, NJ 07302 • Ph: 201-***-**** • ******.***@*****.***

Profile

* ***** ** ********** ** Equity Derivatives Risk Management Application Teams, engaged in leading the implementation and support of tools for pricing, risk evaluation and risk views for Exotic Derivatives businesses while also doing validation of pricing models for one of the investment banks in London and New York. Also regularly interaction on daily basis with major stakeholders of Equity Derivatives Sales & Trading, Global Modelling, Strategic Risk and Product Control Groups providing them with Analytics support. In depth experience in Structured Notes Valuation Techniques & Risk Management, their migration to new systems and functionality enhancements for valuing firm's trading inventory in structured trades across all types of asset groups.

Professional Experience

Lead Analyst, CRISIL LLC, New York, NY and CRISIL UK Ltd., London. (Onsite Consultant at Credit Suisse)

Role: Front Office Trading Support and Business Analyst at Credit Suisse Investment Bank, May ‘09 – Apr ‘15 (New York), April 2015 – Jan 2017 (London)

Leading and working as a part of trading desk support team which supports Equity Structured and Flow Derivatives Trading Desk at Client Investment Bank and, responsible for solving business and technical issues raised by front office, product control and risk team of the investment bank

Day to day interaction with major stakeholders of Equity Derivatives Sales & Trading, Global Modelling, Strategic Risk and Product Control Groups providing them with Analytics support.

Preparing and conducting the monthly meetings between all the stakeholders involved with the Equity Derivatives division.

Managed the team during Crisis situations and articulated procedures to avoid such incidents in future.

Daily interaction with Trading Desk and coordinating their requirements to Development and Platform teams. Tracking the progress of the requirements and communicating this to the Trading Desk.

Documentation of project implementation and troubleshooting in Sharepoint

Worked closely with the Quantitative modelling team in resolving the issues with any of the structured trade valuations, understanding various types of derivatives products and verify the valuation of trades using different valuation models.

Providing support to Product Control and Strategic Risk Management Groups in their Month-end and Daily P&L attribution, Day to Day reconciliation, monthly Price Testing and questions around valuations and greeks of trades.

Have been instrumental in development, implementation and support of various tools for overall review and control of desk-wide risk for Front Office and Product Control group.

Working on providing Client Valuations of Exotic Derivatives trades including asset types Equity Derivatives, Interest Rates, Fixed Income, Credit, FX etc.

Validated the implementation of some of the models in risk engine and trading applications mainly for implementation of regulatory risk and scenarios.

Extensive work done for Structured Notes valuation templates to enable accurate and efficient Client Publishing for Prices of the Securities (SecNet).

Have been instrumental in understanding and implementing various regulatory requirements for overnight Risks and Scenarios for compliance with regulatory bodies’ frameworks.

Instrumental in implementation of T+0 monitoring of Greeks across Derivatives Trading Desk and developed tools to view Vega by Expiry, Theta & Delta on Close and PnL Attribution.

Have developed valuation templates and migrated Exotic Derivatives trades like Asians, Barriers, Variance Swaps, Cliquets, Interest Rate Swaps, FX Options & Swaps and Monte Carlo trades to client’s proprietary templates.

UAT Testing and rollout of incremental changes to environment, valuation models, product templates and other minor enhancements after obtaining signoffs from various stake holders

Set up the VaR scenario risk runs, verified Greeks between valuation systems and prepared the trading books for month end price testing analysis

Worked extensively on migration of Risk management system which was written in Excel VBA and supported the trading desk in using it. based front office pricing tools capable of loading relevant market data and pricing trades using separate template for each product

Handled end-to-end set up of Mumbai-based team for supporting P&L attribution processes and Risk monitoring processes

Research Analyst, Irevna, a part of CRISIL Ltd, Chennai, India (Consultant for Credit Suisse)

Role: Trading Support, Jan 2008 – Apr 2009 (Jun 2008 to Dec 2008 in London)

Worked as a part of Equity Derivatives trading desk support team of Client Investment Bank in London. Was responsible for solving business and technical issues raised by front office, product control and risk Management teams

Provide PnL Attribution and different scenarios on a daily, weekly and monthly basis to trading, Product Control and Risk Management teams.

Dealt with the valuations of products like options, stocks, futures, equity swaps, variance swaps and provided support to the trading, Product Controllers and Strategic Risk Management team

Monthly review of the Ageing files maintained by the respective teams and discuss it with the respective managers

Intern, J P Morgan Chase, Mumbai, India

Role: Operation Risk Management Jan 2007 – May 2007

Monthly review of the Ageing files maintained by the respective teams and discuss it with the respective managers

Ensured ongoing monitoring and compliance with established key controls

Prepared the Key Risk Indicator (KRI) report to enable timely action to be taken to deal with issues which might arise

Skills

Finance & Analytical Skills

As a part of the proprietary trading Support team of an investment bank, assisted on several trading issues which require understating of financial products, mathematics and statistics. Worked on complex structured products like cliquets, Auto callable, rainbows, dispersions, Asians, Barriers, Variance Swaps along with options and futures.

Technical Skills

Excellent skills in VBA development

Proficiency in supporting Java and XML and C# applications

Web based technologies – XML and HTML Modules: JSON

Operating Systems: Windows, Unix and LINUX

Database: SQL

Third-party Tools: SPLUNK, JIRA, Grafana, ServiceNow

Outstanding expertise in all Microsoft Office applications

Other skills

Fluent in English, Telugu and Hindi languages.

Excellent and effective communicator

Fast learner and good team member who can multitask

Education

Birla Institute of Technology and Science, Pilani, India.

Master of Management Studies

MMS is a unique integrated master’s degree with Marketing, Financial Management, Finance & Accounting, Advanced Calculus, Probability & Statistics, Operations Research, Optimization dealt in traditional MBA programmes.

Achievements/Activities:

Received CRISIL Client Delight Award with the feedback from Credit Suisse Trading desk.

A member of University Cricket team which won silver medal at BITS all India Sports meet 2007

Spokesperson of Student Mess Council of BITS Pilani

Interests

Interested in Mythology and historic architecture

Sports enthusiast, with special interest in cricket and field Hockey.

Contact this candidate