Utsav Chandak

Market Risk Specialist at SHELL || FRM (Charter Pending)

Role
Market Risk Specialist at Shell
Location
Bengaluru, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Utsav Chandak

Welcome to my profile! I’m a market risk specialist who loves crunching numbers and solving problems. I have a FRM certification and a stellar academic record, with 8.9 SGPA in my graduation and 94.2% in my class 12th boards. I’m proficient in Excel, Python and SQL, which I use to assess and mitigate market risk factors and scenarios. I also have experience as a project manager for a startup, where I successfully led and executed various projects on time and within budget. I’m always curious and eager to learn new things and challenge myself. My goal is to pursue an MBA in the future and become a leader in the finance industry. I’m open to connecting with like-minded professionals and exploring new opportunities.

Experience

  1. Market Risk Specialist

    Shell

    Jul 2023 — Present · Bengaluru, IN

    As a Market Risk Specialist, my primary responsibility is to analyze and manage market risks associated with crude oil trading activities. I leverage sophisticated quantitative models and statistical techniques to calculate VaR, a critical risk metric utilized in the financial industry. By conducting comprehensive risk assessments, I ensure that Shell\'s trading portfolios are effectively monitored and that potential areas of concern are identified and mitigated.Here are some key highlights of my role: VaR Analysis: I employ my strong analytical skills to calculate and interpret VaR for Shell\'s crude oil trading portfolios. By collaborating closely with the risk management team, I ensure a comprehensive understanding of the portfolio\'s risk exposures, enabling informed decision-making. Risk Measurement and Reporting: I generate regular reports that provide valuable insights into Shell\'s risk profile and exposure within the crude oil market. Through effective communication with key stakeholders, including senior management, traders, and risk committees, I facilitate proactive risk management strategies. Scenario Analysis: I conduct scenario analysis and stress testing to assess the impact of adverse market conditions on VaR. By evaluating the effectiveness of risk management strategies, I contribute to the enhancement of Shell\'s resilience against market volatility. Risk Monitoring and Compliance: With a keen eye for detail, I closely monitor daily trading activities, market conditions, and relevant market data. I ensure compliance with risk limits and regulatory requirements, promptly addressing any breaches or deviations. Market Intelligence: I stay abreast of market trends, regulatory changes, and industry developments that impact Shell\'s crude oil market risk exposure. Leveraging this knowledge, I provide valuable insights and recommendations to support proactive risk management strategies.

Education

  • Goenka College of Commerce & Business Administration

    Bachelor of Commerce - BCom, Accounting and Finance, 9.1

    2019 — 2022

  • Sree Ayyappa Public School

    Senior secondary, Commerce, 94.2%

    2017 — 2019

  • GARP

    Financial Risk Management, Risk

    2021 — 2022

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Utsav Chandak — Market Risk Specialist at Shell in Bengaluru, IN | Unifers