Ranjit Deshmukh

About Ranjit Deshmukh

With over 11 years of experience in market risk and capital markets, currently serving as Assistant Vice President at Citi, contributing to strategic and regulatory initiatives. Work includes spearheading the implementation of the FRTB market risk framework, transitioning to historical simulation, and providing comprehensive time series data analysis to support FRTB programs such as VAR, ES, NMRF, and RFET. Expertise in market data, reference data, and user acceptance testing has been instrumental in enabling the delivery of critical Market Data applications and ensuring seamless change management. Focused on facilitating compliance with FRTB standards, driving organizational transformation, and supporting regulatory projects to enhance operational efficiency.

Experience

1. Assistant Vice President

   Citi

   Nov 2021 — Present

   Spearheaded the end-to-end implementation of FRTB market risk framework as a Business Analyst, facilitating organizational transition from Monte Carlo to historical simulation- Led the delivery of Market Data application, enabling the organization to effectively adhere to FRTB standards and regulatory requirements- Driving change management for the Market Data application, ensuring seamless integration and user adoption across the organization- Providing extensive support to various FRTB programs such as VAR, ES, NMRF, and RFET by delivering comprehensive time series data analysis- Actively contributing to strategic initiatives and regulatory projects, including RTPL/HPL testing and other related activities, to ensure compliance and operational efficiency.

Education

• University of Mumbai

  Bachelor of Engineering (BE), Information Technology

  2006 — 2012