If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.

00206877

PROFILE:

Quantitative risk management specialist with 5+ years of experience in model validation,

prudent valuation, and financial risk management across banking and insurance. Holds an MSc in Econometrics and a BSc in Applied Physics, combining strong quantitative skills with financial risk expertise.

Expert in Solvency II, Basel II/III, ALM, and capital modelling, with a track record in validating risk models, ensuring regulatory compliance, and optimizing internal risk frameworks. Proficient in Python, R, and advanced statistical analysis, with strong communication skills for engaging senior stakeholders and regulators.

SKILLS:

• Technical Proficiency: Strong in statistical analysis tools such as R, Python, and MS Office.
• Analytical and Quantitative: Advanced econometric and problem-solving abilities.
• Communication: Effective in presenting complex validation results to senior management, tailoring insights to drive informed decision-making.

CAREER HISTORY:

September 2024 – Present

University

MSc Actuarial and Financial Engineering

• Focus on advanced financial mathematics, risk theory, and actuarial modelling.
• Emphasis on quantitative methods, programming (R, Python), and Solvency II regulation.
• Strong foundation for model validation, financial risk management, and capital modelling.

November 2023 – May 2024

Insurance

IPV Analyst

• Reviewed credit spread risk and liquidity risk for bonds, directly supporting the risk management function within a life insurer.
• Assessed investment proposals, a key responsibility that refined skills crucial for making impactful model validation recommendations.
• Gained expertise in hedging, interest rate swaps, and capital requirements—critical to maintaining alignment with Solvency II regulations.

December 2019 – August 2021

Banking

Model Validation Manager

• Led validation efforts for market and treasury risk models, focusing on interest rate derivatives and risk hedging.
• Contributed suggestions to minimize interest rate impact on the business, strengthening regulatory compliance.

May 2018 – September 2018

Banking

Prudent Valuation Analyst

• Implemented and enhanced prudent valuation methodologies (PVA), ensuring alignment with fair value reserve standards and regulatory expectations.
• Mitigation of low liquidity effects by enhancing capital reserves in uncertain times.
• Reviewed methodology for asset classes and made technical changes to models.

January 2018 – April 2018

Insurance

Actuarial Analyst (Contract)

• Managed various projects focused on the insurer's internal model.
• Developed an internal model to determine optimal regulatory capital based on a 1-in-200 stress scenario.
• The main emphasis of the position was on analytical tasks.

May 2017 – November 2017

Electronic Connector Manufacturing Company

Pricing Analyst

• Conducted thorough analysis of sales data.
• Analysed product prices and volumes to optimize sales.

June 2016 – September 2016

Energy Company

Market Risk Analyst (Contract)

Management of price/volume risk and execution of pricing strategy.

• Executed risk pricing while understanding volume and price hedging.
• Assisted in the coordination of efforts between traders and sales people, resulting in improved outcomes.

April 2014 – April 2015

Insurance

Risk Pricing Analyst

• Created reports for competition analysis, and worked extensively with SAS data sets.
• Collaborated with product management, actuaries, senior management, and marketers.
• Gained solid knowledge in risk pricing for property and casualty insurance.

EDUCATION:

September 2024 – Present: University

MSc Actuarial and Financial Engineering

• MSc Actuarial and Financial Engineering focuses on advanced financial mathematics, risk theory, and actuarial modelling. The programme emphasizes quantitative methods, programming (R, Python), and regulatory frameworks like Solvency II. It provides a strong foundation for roles in model validation, financial risk management, and capital modelling.

September 2011 – August 2013: University

MSc Econometrics

• MSc Econometrics is a top-ranked numerical degree. The core courses (among which Applied Micro-econometrics, Bayesian Econometrics and Advanced Time Series Econometrics) help students to get acquainted with a wide range of topics that are essential for econometrics.

September 2005 – August 2010: University

BSc Applied Physics

• The Applied Physics Bachelor's degree program consists of 15% mathematics, 40% general physics, 15% applied physics, 25% laboratory courses, projects and research, and 5% societal orientation. It is a highly mathematical and analytical degree.

September 2006 – August 2011: University

BA Studies

• The BA Studies provides an in-depth understanding of one of the most important global players of the 21st century

References Available Upon Request

If you are interested in this candidate, please contact Richard Lalchan via email rlalchan@cerfinancial.co.uk or call on 0207 626 6065.

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