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Riyaz H Millwala

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Rating:
Location:
Education:
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20 Years
Not available
Mumbai
MBA
Derivatives, Excel
 
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Derivatives Trainer with 20+ yrs exp.
  • Riyaz H. Millwala

     

    OBJECTIVE                     

     

    Assignment in the BFSI training field.

     

    SUMMARY

     

    I have 17 years’ experience in the finance industry in treasury front office and in managing the back office operations for various hedge fund administrators. I have also worked in the IT field as a domain consultant leveraging my knowledge of the different processes used in hedge fund back office namely pricing & valuation, trade entry, ISDA documentation, reconciliation, trade support and collateral management for financial derivatives.  Currently I am working as a visiting faculty at BSE Training Institute for classroom training in investment banking operations. I have also conducted training workshops on varied topics such as Financial derivatives including listed & exchange traded derivatives, Swaps, Foreign Exchange Markets, Commodity Markets, Money Markets, FX forwards, Futures & Options, Collateral management and Financial Research & Report Writing. My clients include investment banks, IT firms, online training institutes and stock exchanges.

     

    EDUCATION

     

    Jan. ' 89 to May ' 91           

    Central State University, Edmond, OK 73034, USA

    Masters in Business Administration. Major: Finance. GPA=3.69/4.00

    Project: Research Project on Bank Marketing.

    Evaluated customer's requirements and satisfaction levels from their existing banks.

     

    Sep. ' 82 to Feb. ' 87                          

    Siddaganga Institute of Technology, Bangalore University, India.

    B. E. (Chemical Engineering).

     

    EXPERIENCE

     

    Mar. 11 to Present

    Self Employed. Mumbai

    Position held: Visiting Faculty (BSE Training Institute)

    Duties: Conducting training classes on Investment Banking Operations.

     

    July 09 to Feb. 11

    Deutsche Bank. Bangalore

    Position held: Asst. Vice President (IB IT – Derivative Projects)

    Duties: Managed the business analysts of the vendor team to ensure the business/functional requirements and timelines of derivatives projects are met.

     

    June 07 to Jun. 09

    Satyam Computers. Mumbai

    Position held: Consultant (Hedge Fund Industry Domain)

    Duties: In charge of a 10-member team of business analysts being the interface between the client and the software developers team.

     

     

     

     

    Sep. 06 to May 07

    ABN Amro Central Enterprise Services (ACES). Mumbai

    Position held: Asst. Vice President (Derivatives Documentation)

    Duties: In charge of a 50-member team handling derivatives documentation as per ISDA guidelines.

     

    Dec. 05 to Aug. 06

    Spectrum Global Fund Administrators Pvt. Ltd. Bangalore

    Position held: Manager (Fund Operations.)

    Duties: In charge of a 10-member team handling derivatives documentation as per ISDA guidelines and reconciliation of OTC trades.

     

    Nov. 03 to Nov. 05

    GlobeOp Financial Services (India) Pvt. Ltd. Mumbai

    Position held: Manager (OTC - Derivatives Dept.)

    Duties: Initiated the setting up of the OTC department and was in charge of a 70-member team handling the back office work for over a 100 hedge funds. My tasks included:

    • Managing a team of 50 members involved in
      • ISDA documentation
      • Pricing of OTC derivatives such as IRS, CDS, FRAs, Swaptions, Equity Swaps, etc.
      • Reconciliation
      • Collateral management
      • Trade support

    .

    Apr. 03 to Nov. 03

    PricewaterhouseCoopers (P)Ltd. Mumbai

    Position held: Assistant Manager (Financial Risk Management Division)

    Duties: Assisted and advised clients on how to manage their financial risks which included – Currency, Commodity and Interest rate risks.

     

    Jan. 02 to Mar. 03

    Enercon (India) Ltd. Mumbai

    Position held: Forex Executive

    Duties: Hedging the forex and interest rate exposures.

    .

    Dec. 00 to Dec. 01

    Indo Count Industries Ltd. Mumbai

    Position held: Manager (Forex)

    Duties: Hedging their forex and commodity exposures.

     

    Mar. ' 96 to Nov. 00

    Apar Industries Ltd. Mumbai. 

    Position held: Deputy Manager (Treasury).

    Duties: Hedging their forex and commodity exposures.

     

    Oct. ' 95 to Feb.' 96

    Sigma Credit & Capital Services (P) Ltd. Mumbai.

    Position held: ASSISTANT MANAGER (Forex Advisory Division).

    Duties: Responsible for advising importers and exporters on how to hedge their currency exposures.

     

    Aug. ' 89 to July ' 94

    Computer Center, Central State University, Edmond, OK, USA.

    Position held: MICROLAB OPERATOR

    Duties: Responsible for maintaining 30 IBM computers and assisting students in usage of MS-Office and developing spreadsheet and MIS applications.

     

     

    Nov. ' 87 to Nov. ' 88

    Ronuk Industries. Mumbai.

    Position held: ASSISTANT PROJECTS OFFICER

    Duties: Performed preliminary planning, designing and cost estimation of surface treatment plants and effluent treatment plants.

     

    SKILLS              

     

    Investment Banking Operations, Derivatives, Hedge Fund Administration, Advanced Excel and MS office.

     

    PROFESSIONAL COURSES

     

    Certificate Program in Derivatives Valuation and Risk Analytics

    Completed a certificate program in Derivatives Valuation and Risk Analytics conducted by Indian Institute of Quantitative Finance, Mumbai. Duration: June. 2015 – July 2015.

     

    Certificate Program in Advanced Financial Modeling using MS Excel and VBA Programming. Completed a certificate program in advanced financial modeling using excel and VBA programming conducted by Indian Institute of Quantitative Finance, Mumbai. Duration: April 2015 – May 2015.

                                                                                                                             

    Derivatives & Volatility Trading: Completed a training programs on “Advanced Strategies in Derivatives Trading” and “Advanced Strategies on Volatility Trading” conducted by Bombay Stock Exchange Institute Ltd in May 2012.

     

    SAS, Excel plus & Advanced Analytics: Completed a course in SAS, Excel plus and Advanced Analytics from Analytics Training Institute, Bangalore. Duration: Dec. 2010 to Feb. 2011.

     

    Certificate in Web Application Programming. NIIT Bombay.

    Topics covered: ecommerce concepts and practices, Java programming, UML, Microsoft Front Page and Implementing a database design using Microsoft SQL Server 7.0. Duration: April 01 to July 01.

     

    Post Graduate Diploma in Foreign Exchange & Risk Management organized by World Trade Center, Bombay affiliated to World Trade Center, New York. Duration: Six months.

     

    Derivatives & Risk Management: Participated in a 2 days’ workshop organized by A.V. Rajwade & Co. and Prebon Yamane (I) Ltd., covering topics like options, swaps, FRAs etc. to hedge against foreign exchange and interest rate risks.

     

    ACHIEVEMENTS          

     

    Set up the OTC dept. at GlobeOp Financial Services (India) Pvt. Ltd. from scratch. Migrated work from US/UK, interviewed new recruits, trained them, allocated work to them and monitored their daily performance.

    Set up a program using MS Excel to mark to market the real time profit/loss position of the foreign currency exposures.

     

    PERSONAL                      

     

    Date of birth: June 10, 1965; Domicile: Mumbai; Marital Status: Married.

    Visa Status: Holder of US Business visa, valid up to: April 15, 2018