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Nirmal Shah is a seasoned finance professional with extensive experience in investment banking, corporate finance, and derivatives. He holds a Chartered Financial Analyst (CFA) and Chartered Accountant (CPA) designation. With expertise in risk management, portfolio management, and trading, he has worked with various top-tier companies, including Proprietary Trading Desk and Ernst & Young.

Experience

    • Director
      • Jan 2011 - Present
      • Mumbai Area, India

    • Director
      • Jan 2011 - Present
      • United Arab Emirates

    • Analyst, Corporate Finance & Debt Syndication
      • Nov 2010 - Jul 2011
      • Mumbai

      Job Profile: Assisting the Senior Investment Bankers in Structuring Debt Funding Deals and Proposals for Working Capital, Capacity Expansion and Project Funding requirements of companies belonging to the Preparing the Credit Monitoring Analysis [CMA], Detailed Project Report, Industry Analysis Report and Financial Projections keeping the industry scenario in mindKey Functional Areas: Liaison with Bankers to address and solve their queries Assisted the marketing team to generate new leads and conduct preliminary meetings with prospective clients Was a part of the IB Team on the following projects: o Structured Trade Finance proposal of a leading Luxury Car Dealer in Mumbai [Structured Inventory Funding] o Factoring proposal for a Coal Miner’s subsidiary in the Logistics business o Private Equity funding requirement of a client in the business of Miniplex Chain in Tier II cities across Western India o Traditional working capital funding for a Branded Women’s Apparel Retail Chain o Project Funding requirement for a Chemical & Paints Manufacturer

  • Proprietary Trading Desk
    • Mumbai Area, India
    • Derivatives Strategist, Equity Option Greeks
      • Mar 2008 - Jun 2010
      • Mumbai Area, India

      Work Profile: Strategizing and taking Positions on Derivatives Risk Parameters with Hedged Delta; both Short Term Speculative and Event Driven Strategies in Index and Equity Options and LEAPS Derivatives Valuation, Managing Risk and Trading the option Greeks Proprietary Book in liquid scrips on Vega & Gamma Managing and Devising Option Arbitrage strategies based mainly on Implied Volatility Skew and Gamma to tap market mis-pricings in Index Options’ IV Skew [IV Skew Arbitrage] Assisting senior traders in managing the Desk-Wide Positional Risks and generating Risk Synopsis Reports Backend Research and Statistical Analysis of HV’s, IV’s, Open Interest and Volume data Working Knowledge of softwares like Greek Soft, ODIN, NOW, Capital line databaseAchievements: Trained a batch of 9 MBA Management Trainees at our Derivatives Desk, in Basics of Equity Options Pricing and Greeks Based Arbitrage Strategies Co- Authored a book titled “Geeta on Greeks” which contains charts and diagrams on sensitivity of Option Greeks to various parametric changes

  • Ernst & Young
    • Mumbai Area, India
    • Associate, Assurance Services
      • Jun 2007 - Feb 2008
      • Mumbai Area, India

      Job Profile: Process and Control Systems Review of clients; Identifying inherent and control risk factors and mapping the Mitigating Controls Industry Research and Track News Updates related to new engagements and prepare the Business Model and Industry Outlook templatesKey Assignments: Conducted Control systems and Processes Review for Payroll, Procurement and Sales Processes at Sterlite Technologies Ltd Did Limited Reviews and Quarterly Audits of Tata Sky Ltd Statutory Audit Finalization of Financial statements for Asian Electronics Ltd

Education

  • 2009 - 2011
    Chartered Financial Analyst, USA
    Successfully Cleared CFA [AIMR, USA] Program, Finance, Research, Asset Management, Corporate Finance
  • 2006 - 2011
    The Institute of Chartered Accountants of India
    Chartered Accountant (CPA), Accounting and Finance
  • 2009 - 2009
    Certified Financial Planner [CFP], FPSB (India)
    CFP, Wealth Management and Investment Planning
  • 2004 - 2009
    narsee monjee college of commerce and economics
    BCom, Finance and Accountancy
  • Dr S R Vidyalaya

Suggested Services

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Industry Focus. “Higher Education”

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