Varun Choudhary

About Varun Choudhary

With 17+ years of experience in financial services, I specialize in global market risk regulations and capital strategy under Basel As FRTB Lead at UBS, I’ve driven methodology development, capital computation, and regulatory advocacy across geographies. My work spans delivering FRTB Standardized Approach computations, engaging with regulators and industry bodies (BCBS, ISDA, GARP), and designing tactical solutions for capital allocation.I thrive at the intersection of quantitative risk modeling, regulatory compliance, and business strategy—partnering with trading desks and risk management teams to mitigate capital impacts and optimize RWA. Beyond execution, I’m passionate about building and mentoring high-performing teams, having championed talent development initiatives and academic collaborations such as the Financial Risk Analytics & Management course at BITS Pilani.Core strengths- Market Risk & Capital Strategy (FRTB SA/IMA, Basel RWA Management)- Quantitative Analysis & Capital Allocation- Regulatory Engagement & Industry Advocacy- Leadership, Stakeholder Management, and Team Development- Technical Expertise in R, SQL, GIT, Excel. I aim to continue shaping the future of risk management by combining technical rigor with strategic foresight.

Experience

1. Director, Frtb, Market Risk

   UBS

   Nov 2024 — Present

   Focused on FRTB market risk strategic development as part of the Quantitative Risk and Modelling Group. Driving industry studies and working groups for various benchmarking exercises/studies (like EBA HPE, GARP and PRA).

Education

• GARP

  FRM, Risk Management

  2012 — 2012

• Birla Institute of Technology, Mesra

  BE, ECE

  2002 — 2006

• SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

  MBA, Finance

  2008 — 2010

Skills

• Market Risk
• Requirements Analysis
• Vendor Management
• Corporate Finance
• Sql
• Management Consulting
• Fixed Income
• Consulting
• Financial Analysis
• Basel Ii
• Financial Risk
• Data Analysis
• Valuation
• Trading
• Investment Banking
• Portfolio Management
• Strategy
• Capital Markets
• Analysis
• Market Research
• Analytics
• Business Strategy
• Business Development
• Frm - Part I
• Enterprise Risk Management
• Management
• Banking
• Risk Management
• Team Management
• Business Analysis
• Risk