Saurabh Bang Email & Phone Number

Hyderabad, Telangana, India

Hyderabad, Telangana, India

• Business Solution Lead
• Led a team of 25 solution developers in successful implementation of Digital Health system for a major Mexican hospital chain; leveraged proprietary no-code/low-code platform to build an integrated platform connecting.
• Prepared concise presentation decks and project delivery trackers for internal and external stakeholders, effectively communicating project milestones and strategic insights & ensuring timely delivery of business goals
• Added 4+ new features to the product by identifying gaps in user journey; led to 26% reduction in clicks-to-goal ratio

Mumbai Area, India

• Led team of 2 analysts to investigate & negotiate 100+ Initial Margin (IM) disputes with various counterpartiesthereby increasing compliance to margin calls by $300mm+ per month on OTC derivative trades
• Facilitated on-boarding process for over 2000+ counterparties during IM phase 5 and IM phase 6 go-live; coordinated with quants, legal, IT & global BRM desks to assist in any client query pertaining to ISDA SIMM model
• Built various dashboards to monitor entity-wide funding and collateral costs on monthly & quarterly basis
• Critical member of multiple SIMM model development projects notably SIMM benchmarking & IM monitoring
• Key member of GM knowledge sharing session series, GM CSR and GM Campus buddy & new hiring program

Mumbai, Maharashtra, India

• Automated recurring processes using VBA macros and python, enabling quicker sourcing of internal data andperforming due diligence; saved 20+ hours per week in investigation time while enhancing data accuracy
• Developed tool to identify margin eligibility of trades based on regulatory guidelines; reduced disputeswith clients by improving resolution of unmatched trades by 50%
• Computed daily PnL for CVA & FVA books and explained major contributors to respective trading desks

Mumbai Area, India

• Managing insurance risk pertaining to mortality, morbidity, persistency to facilitate critical decision making
• Carried out Embedded Value at Risk (EVaR) analysis compliant with EIOPA standards for various stress scenarios of mortality, morbidity, persistency, interest rate, credit, catastrophe, operational, equity, etc.
• Developing predictive mortality and persistency models for different LoBs using multi-factor regression

Mumbai Area, India

• Conducted IRDAI ALM to manage financial risks arising from asset-liability mismatch under stress scenarios
• Recalibrated Margins for Adverse Deviation (MAD) parameters used for computation of mathematical reserves & solvency position by analyzing macro-economic trends, historical experience and global regulatory regimes
• Computed Cost of options & guarantees embedded in insurance contracts using economic simulations (ESGs)
• Monitored fund performances on key parameters like returns, duration, composition, liquidity & benchmarks
• Calculated bonus rates for group participating life & pension business; presented the report to Appointed Actuary

Chennai Area, India

• Mentored a group of 150+ finance enthusiasts through lecture series and various competitions
• Collaborated with Accenture and NatWest Markets to conduct a seminar for IITM Chennai alumnus
• Conducted sessions on portfolio management, option pricing and basics of stocks & bond valuations
• Collaborated with institute placement team and published weekly finance newsletters for final year

Chennai Area, India

• Implemented Black-Litterman (BL) asset allocation model on BSE stocks for a US based client
• Incorporated 52-weeks high momentum based strategy on MATLAB to develop investors’ views on 1200+ stocks
• Constructed optimal portfolio using BL formulation and Markovitz Mean Variance Optimization
• Backtesting of designed model for past 5 years showed average excess return of 2.8%; strategy used for active trading

Jalna Area, India

• Conducted industry analysis and studied various business models by analyzing historical data trends
• Forecasted cash flows for an expansion project worth ₹40 million in Excel using capital budgeting techniques
• Performed scenario & sensitivity analysis to get insights about project profitability; used for decision making
• Received a Letter of Recommendation by the Director for exceptional performance

Chennai Area, India

• Conceptualized new warehouse management system to reduce labor by 10% and dispatch time by 25%
• Implemented Just-in-time inventory management system to increase effective warehouse space by 35%
• Reduced product rejection by 20% and ensured stock availability of key products
• Introduced time-oriented targets and optimized information flow to increase coordination among 80 workers

Chennai Area, India

• Elected unanimously by 360 residents of Narmada hostel; managed a budget of ₹100k for various activities
• Led a team of 15 volunteers to finish 3rd in Lit-Soc competition; best performance since 2012

Aurangabad Area, India

• Simulated structure, function & stabilizing abilities of Gas Insulated Switchgear enhancing operating efficiency by 8%
• Modeled transient analysis of circuit breakers for 800kV up from 400kV sub-station using MATLAB

Aurangabad Area, India

• Trained a batch of 25 underprivileged students in MS-CIT (Maharashtra State Certificate in Information Technology)
• Raised ₹25,000 at 3 fundraising events by highlighting achievements of vocational training program

M.Tech, Biomedical Engineering

B.Tech, Electrical Engineering

Actuarial Science

Cleared CT1: Financial Mathematics, CT3 : Probability and Mathematical Statistics, CT7: Business Economics and CT2: Finance and Financial.