Private Banking Credit Risk
Multiple roles from Credit Risk Monitoring to Credit Advisory.Achieved internal promotion to AVP.Zero credit / operational losses during my time, considering the Blumont, Asiasons, LionGold, Ezra, Noble Group incidents.-Implemented fresh credit risk monitoring procedures, controls, EUCs, with buy in and green light obtained from senior management ranging from credit 2LOD, treasury product head, middle office head, PB COO on interim basis for FX margin trading while working on systemic capabilities (MarginMan) to monitor exposures / MTM on real time.-Almost grasped the entire functionality offered by MarginMan (starting from trade bookings of various FX products such as spot, forward, NDF, European vanilla, exotic, binary options, accumulator/decumulator, target redemptions, pivots, strategies such as strangle, straddle,etc), rollover of trades, exercise of option trades -Tokyo cut, NDF cash settlement, etc), currencies static data setup, margining techniques, Initial Margin/ Margin Call/Close Out levels for respective CCYs, various schemes setup for the typical clients vs Direct Access Clients (DAC) to the risk monitoring by the notional, IM, delta margining, setting of email alerts for IM/MC/CO level & limit breaches, configuration of reports with the help of SS&C vendor/tech.-LV assessment.-Lombard / derivative trading line risk monitoring / limit excesses.-Provided guidance on system margin monitoring model, Lombard basics refresher to Private Bankers / ARMs via small group training demonstrating detailed calculations with figures arriving to the dot or a large scale training with 100 over Private Bankers + senior management team in attendance.-Led a small team to streamline / create new processes.-Lombard credit risk monitoring system enhancements.-Credit underwriting and review of credit documentations prepared by credit admin team before releasing to frontline.
