Chirag Goenka

Senior Market Risk Analyst at OSTC Ltd.
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Contact Information
us****@****om
(386) 825-5501
Location
Mumbai, Maharashtra, India, IN
Languages
  • English Professional working proficiency
  • Hindi Limited working proficiency
Skills

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Credentials

  • MBA in finance
    University of Mumbai
    May, 2013
    - Nov, 2024

Experience

  • OSTC Ltd.
    • United Kingdom
    • Financial Services
    • 1 - 100 Employee
    • Senior Market Risk Analyst
      • Jan 2020 - Present

      • Margin Analysis: - Calculating and Analyzing T-1 & intraday margin for each contract at trader and office level, margin forecast, keeping track of margin changes, applying all necessary measures to avoid margin call, creating margin matrix for shortest to longest duration contracts.• Reconciliation: - Daily reconciliation of trades, Position and Orders between different trading platform, exchanges & clearers.• Return on Investment: - Calculating & forecasting ROI on Daily, weekly, Monthly & Yearly for each trader, product & office based on margin assigned.• Value at Risk: - Calculating & Analyzing Historical VAR based on different duration for each Trader, Products & Offices.• Risk Monitoring: - Daily trader & product risk monitoring based on assigned limits and previous day settlement for trader and for contracts with help of technical, fundaments, open interest & margin.• Product Testing: - Understanding the product description, volume, margin, trading cost and risk associated with them (Liquidity risk- Blocking product 1 week before expiry) then test them by taking sample trades. • System & Application Testing: - Preparing development charter based for inhouse applications and do their testing to implement them into live environment. Along with this testing on other outside application like ION, Stellar, TT and more.• Projects completed: - VAR Analysis, Reconciliation, Daily Trader Settlement, Trader and Office Overcliped, Margin Calculation & Forecast, ROI Calculation & forecast and more.• Operation task: - Preparing Economic Event Calendar, Exchange Holiday Schedule, Trading rules, Exchange permission, Trade limits requirement, Trader targets and more.

    • Risk & Trader Support Analyst
      • Jun 2016 - Dec 2019

       Understanding & Analyzing contract specification in terms of outrights, spread & flies Gathering information for all trading cost related to specific contract. Basic Analysis of technical & fundamental aspect of the contract based on Volume, OI & Events. Trade & Order Reconciliation. Mark to Market P&L Calculation.  Preparing trading rules based on economic events. Trader position analysis based on assigned rules. Daily Risk monitoring based on economic Event and other related news. Group position exposure and its comparison with market open interest & volume. Preparing Rules for traders during Roll period. Analyzing performance of trader and assigning Clips, Limits & Hard stops.  Trader & Office overcliped analysis. Responsible for monthly Operational activities such as exchange rebates & Market data permission. Preparing monthly trader target report based on traders previous post month performance. Well-versed with frontend Stellar, Backend RJO Brien, Soc Gen, exchanges ICE, CME, OSE, SGX & more.`

  • Nomura
    • Financial Services
    • 700 & Above Employee
    • Business Analyst
      • Jun 2015 - Jun 2016

       Reconciliation between different front office systems. Preparing BRD’s and SOP’s for different systems and trade process. Presenting BRD’s and approach document to my peer level, senior level and regional stakeholders Also do UAT testing after getting FSD prepared by IT and on the basis of UAT we implement into the production. Analyzing different breaks in trades and between systems. Follow up with system owners and regional stakeholders  Reconciliation between different front office systems. Preparing BRD’s and SOP’s for different systems and trade process. Presenting BRD’s and approach document to my peer level, senior level and regional stakeholders Also do UAT testing after getting FSD prepared by IT and on the basis of UAT we implement into the production. Analyzing different breaks in trades and between systems. Follow up with system owners and regional stakeholders

  • MarketsandMarkets™
    • India
    • Business Consulting and Services
    • 700 & Above Employee
    • Research Associate
      • Feb 2014 - May 2015

       Market Triangulation & preparation of value chain for different products and markets with the help of top down and bottom up approach. Drilling market numbers for each and every nod of value chain and on the basis of this preparing ME’s with the forecast of 5 year starting with Bottom up approach. Company Analysis for each and every market which includes Financial analysis, SWOT analysis and Porters five Force analysis Quality control by doing quality check of the final Reports

  • BMA Wealth Creators Ltd
    • India
    • Financial Services
    • 700 & Above Employee
    • Internship
      • May 2013 - Jun 2013

      “Right opportunity of Arbitrage in Equity Markets” Project is basically to find whether an Investor can make profit with calculated risk were the possibility of loss is negligible and this project makes it possible. Project is started with the sample of BSE 30 companies on the basis of two hypothetical strategies which depends upon different market opportunities. Hypothesis is successful and I am getting the annual return 2 to 3 times of risk free rate for all three year. Also added one more strategy which is possible only if it gets more inflow of money, Implementation of this strategy can add 30% more return on current ROI.

  • Self Employed
    • Equity Trader, Broker & Portfolio Manager
      • Mar 2006 - Mar 2011

      Trading and Investment in the stocks and commodity markets.Managing portfolio of clients.Preparation of PNL.Trade valuation to calculate the risk.Dematerialisation of shares. Trading and Investment in the stocks and commodity markets.Managing portfolio of clients.Preparation of PNL.Trade valuation to calculate the risk.Dematerialisation of shares.

Education

  • University of Mumbai
    Bachelor in management studies (BMS), Finance
    2008 - 2011
  • DSIMS
    MMS, Finance
    2012 - 2014

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