Abhijit Bhalerao,(FRM)
Summary
Experienced and analytical Credit Risk Modeller with a demonstrated history of success in mitigating financial risks and optimizing credit decision-making processes. With a solid foundation in statistics, financial modelling, and data analysis, I excel in developing predictive models and methodologies to assess credit risk accurately. My expertise spans across various industries, including banking, finance, and lending institutions, where I have leveraged advanced statistical techniques to enhance risk assessment frameworks.
Overview
13
13
years of professional experience
Work History
Credit Risk Modeller
Upwork.com
06.2023 - Current
- 1. Carry out data cleaning for model building, Exploratory data analysis and address common data issues using missing value imputation, outlier engineering, normal transformation, encoding, scaling, data partitioning, discretization
- Practical knowledge and understanding of Scoring Models (Application scorecard and Behavioural scorecards), Calibration Models (Log odd shift using Scalar, Logit and Probit approach), State transition model, Vasicek model, Pluto-Tasche model for low default portfolios, Vintage analysis, Roll rate analysis, Chain ladder approach, CCF modeling, etc.
- Provisioning for ECL as per the IFRS 9 standard, which includes TTC PD to PIT PD conversion, IFRS 9 staging classification based on low-risk thresholds, and SICR. Validation of staging.
- Capital calculation as per BASEL requirements, that includes Vintage and roll rate analysis, PD, LDG, and EAD modelling
- Analytical, Statistical and Econometric tools: Excel, Chain ladder method, Curve calibration, Linear and Logistic regression, Pluto Tasche, Bayesian parameter estimation, Monte Carlo simulation, MLE, Time series analysis, Optimizations engines
- Areas of interest: Credit risk modelling (EAD, LGD,PD) for BASEL capital calculations and IFRS9 provisions; hedging various asset classes (Equity, Debt, Derivatives)
Market Risk Manager
National Aluminium Company Limited
04.2017 - 06.2024
- Protected value of the unsold inventory and Lock in value on yet to be produced aluminium using LME aluminum futures
- Hedged against sales to clients at today's price but for future delivery
- Maximized profits and reducing cost price of aluminium production using options for delivery of aluminium at desired price
- Handled the inherent exposure to areas like Exchange Rate risk and Commodity Price Risk through a team of 4
- Developed and back testing various strategies to tackle any unforeseen event
- Analysed, identified, quantified, and monitored all market risks for the Organisation
- Performed Risk analysis of commodities by using Excel
- Processed and analysed all risk measures including Limits, Exposures, Risk Based P&L and VaR, etc
- Prepared management reports and providing robust analysis of all market risk.
Technical Support Engineer
Larsen and Toubro
10.2013 - 04.2014
- Rendered technical support to the distributors, sales person, and end users for electrical distribution products
- Monitored & resolved queries/troubles related to MCB, MCCB, Switches, Breakers, and assisted sales team to make them understand the technical requirements of end user
- Offered equivalent products to competitor's product range and have expertise in trouble shooting related to operations and installations of various distribution products.
Assistant Lecturer
Sardar Patel College of Engineering
07.2012 - 10.2013
- Organized Lectures and Seminars on Power Transformer Design, Electrical System Design
- Taught subjects: Electrical Machine Design (Transformer and Induction Motor), Power System and Basics of Electrical & Electronics Engineering.
Power Transformer Design Engineer
Emco Ltd.
10.2011 - 06.2012
- Designed 132kv, 220kv, 400kv Power Transformer, Auto-Transformer and have expertise in Commercial Design Methodology of Power and Auto-Transformer for Tendering Purpose
- Coordinated with vendors to get quotation of various items of transformer, proposed costing of transformer using SAP and prepared guaranteed technical particulars as per customer's format.
Education
Bachelor of Engineering - Electrical Engineering
Mumbai University
MumbaiSkills
- Excellent Communication
- Python, SQL and Excel for risk modelling
- BASEL and IFRS9
- Problem-Solving
- Friendly, Positive Attitude
- Teamwork and Collaboration
- Critical Thinking
Areas Of Interest
Market and Credit risk modelling, Statistics, and quant finance, BASEL regulatory capital calculations, IFRS9, Various asset classes (Equity, Debt, Derivatives), FnO trading
Timeline
Credit Risk Modeller
Upwork.com
06.2023 - Current
Market Risk Manager
National Aluminium Company Limited
04.2017 - 06.2024
Technical Support Engineer
Larsen and Toubro
10.2013 - 04.2014
Assistant Lecturer
Sardar Patel College of Engineering
07.2012 - 10.2013
Power Transformer Design Engineer
Emco Ltd.
10.2011 - 06.2012
Bachelor of Engineering - Electrical Engineering
Mumbai University
Similar Profiles
ABHISHEK CHANDELABHISHEK CHANDEL
Freelancer at Upwork.comFreelancer at Upwork.com
Tracy RichardsonTracy Richardson
Freelancer Virtual Assistant at Upwork.comFreelancer Virtual Assistant at Upwork.com
Rényi CsillagRényi Csillag
Freelance UI/UX Designer at Upwork.comFreelance UI/UX Designer at Upwork.com
CH Muhammad HassanCH Muhammad Hassan
Application Developer at Upwork.comApplication Developer at Upwork.com
PRIYADHARSHINI TALARIPRIYADHARSHINI TALARI
<ul> <li>Managed credit analysis team to ensure compliance with credit policies and efficient operations.</li> <li>Monitored and analyzed credit risk, recommending policy adjustments to mitigate potential risks.</li> <li>Collaborated with customer service to address credit-related issues and enhance customer satisfaction.</li> </ul> at HDFC BANK<ul> <li>Managed credit analysis team to ensure compliance with credit policies and efficient operations.</li> <li>Monitored and analyzed credit risk, recommending policy adjustments to mitigate potential risks.</li> <li>Collaborated with customer service to address credit-related issues and enhance customer satisfaction.</li> </ul> at HDFC BANK