Siddharth Biswas Email and Phone Number

 Assessed a client’s risk management framework; provided recommendations to improve credit risk management and oversight operating model based on PwC’s understanding of industry practices Conducted 20+ interviews with senior credit stakeholders to understand client’s current operations and procedures; engaged with upper management across various credit functions to improve operations Identified and gathered client’s key documentation and policies; analyzed and synthetized information gathered and interview results to improve client’s Credit Risk Oversight capabilities and deliver final recommendations

 Performed analysis of collateral exposures and market surveillance during stress situations; created 170+ reports highlighting potential credit risks to senior portfolio managers. Spearheaded a project to deliver quantitative market research to senior product managers on a weekly basis.  Collaborated with Operations team to consolidate fails reporting across business lines; escalated fails exceeding $5mm to relevant stakeholders for remediation. Prepared daily reports and analysis of margin call issuance, disputes, and fails; raised top 50 notable calls to portfolio managers for validation.

 Established a dynamic excel database to calculate and monitor real-time P&L/inventory positions for NBAD’s market making and total return swap (TRS) portfolios. Managed trading book operations for Market Making desk, reconciled and booked 20+ daily trades through proprietary systems; trading assistant to the MM desk. Liaised with senior representatives of Nasdaq Dubai and Dubai Financial Market to begin MM business on a triad of exchanges; assisted in implementation of MM business through system testing and trading capabilities.

 Developed a web-based tool to centralize and track 10,000+ regulatory obligations globally; drafted Business Requirements Documents, test scripts, and process flows; executed and presented testing system functionality. Conducted calculation, reduction, and trend analysis of regulatory capital charges; prevented operational inefficiencies to reduce capital charges under $1bn monthly.  Implemented controls to minimize risk and to accurately report proprietary and customer short positions for short interest reporting; validated 500+ short positions on a bi-monthly basis. Monitored and highlighted Securities Lending deficits of $400mm+ incurred by mark-to-market exposures; minimized related regulatory charges by netting transaction types and ensuring proper collateral calls are issued. Analyzed pricing/haircut discrepancies and mark-to-market exposures resulting in valuation changes related to Repurchase Transactions; adjusted capital charges from discrepancies averaging $50+mm monthly