Shubham Sohani

About Shubham Sohani

I am a highly passionate finance and risk management enthusiast, currently working as a consultant in risk management at Ernst & Young. I hold a PGDM degree in Banking and Financial Services from the National Institute of Bank Management, Pune.

Experience

1. Consultant

   EY

   May 2023 — Present · Mumbai, IN

   Current: EWS Framework development for Indian NBFC for Supply Chain Finance.Project 1: Model Development for an Indian BankDeveloped a risk rating model for Corporate, Retail, SME, Domestic Banks, and SFB Bank, a scorecard based on expert judgment and statistics, computed borrower scores, and assigned grades accordingly.Risk scoring the variables for Financial, Business, and Industry modules.Project 2: IFRS9 Audit for multiple EMEA BankAudited the bank methodology for calculating PD, LGD, EAD & and ECL, performing validation checks as per IFRS9.Performed discriminatory power tests such as KS, Gini, and calibrationtesting and impact assessment of ECL.Performed various statistical tests for PD/LGD/ECL as part of IFRS 9 Model Validation and review.Project 3: Qualitative Audit for Midwest Regional BankConducted rigorous qualitative audit of a CECL Model for Credit Card Portfolio which calculates the Behavioral run-off percentage of exposure.Reviewed model development and validation team documents. Ensured adherence to industry standards, identified areas for improvement, and provided valuable insights for enhancing model robustness and accuracy.Analyzed the tests performed (Deep dive, Sensitivity analysis)Project 4: Worked on control testing for 120+ controls under the Derivatives and Wholesale portfolio for SACCR.Project 5: Conducted periodic and annual validation of Tier 2 and Tier 3 credit models with low materiality, identifying key documentation gaps and creating a comprehensive challenge log. Performed detailed backtesting and sensitivity analysis on credit models, assessing performance against predefined thresholds.Project 6: IFRS 9 Audit for a UK based Bank where we performed Model Design Review, Model Implementation Testing, Model Assumption Testing.

Education

• Somaiya Vidyavihar University

  Bachelor's degree, Computer Science

• National Institute of Bank Management (PGDM)

  PGDM, Banking and Finance