Market Risk Manager III, Derivatives Team Apr 2019 – May 2022
- Specialized in credit and derivative risk management for oil&gas, FX, and interest rate trading operation, treasury, and corporate credit department.
- Approved and led the management of portfolios of oil and gas, FX, and interest rate trades.
- Advised front office, and corporate credit executives of further hedges or unwinds due to market fluctuation and/or the credit insufficiency.
- Built financial models that aggregated market price movements and revenue forecasting for daily, monthly, and year-end P&L and margin reports.
- Implemented an automation system that maintained the legal documents (ISDA and LEI) and worked with legal team and the relationship managers on maintaining timely and complete documentation. This resulted in 20% of efficiency for the back office and no missed deadline or incomplete documentation.
- Advised senior management, front office, and corporate credit executives on the utilization of the derivative and settlement limits by performing calculations to confirm the existing exposures and setting new trading limits based on the credibility and hedging requirements
- Was the key advisor for the implementation of price shock scenarios and the MTM (Mark-To-Market) values for the corporate clients. The client satisfaction increased from 20% to 100% due to prompt responses and anticipation of the client requests.
- Trained new managers and led educational meetings for accounting, audit, data, automation, settlement, and wire team on the derivative products and improved the process of different risks.
- This resulted in the prevention of wiring $1 billion instead of $100 million.
- Successfully implemented new solution of delivering the MTM statement to solve causes of the customer complaints. This resulted in 100% increase in the customer satisfaction and 60% increase in efficiency in turnaround time.
- Successfully implemented limit automation system that resulted in the reduction of 95% mechanical error, 80% turnaround time and cut cost by 30%.
- Developed an Excel macro and reporting templates which resulted in 80% turnaround time.
