Parth Gattani - Financial Engineering, Equities & Derivatives, Mentor
Vice President with Equity Derivatives Team at JP Morgan Services India Private Limited in Global Markets, Mumbai Sep 2023- till date
Leading the team supporting exotics and platform business within trading and structuring line of business of around 12 people -
Leadership role with focus on new product development, platforms enhancements and increasing synergies across different regions
Stakeholder management with focus of constant growth, trade ideation and efficiency improvement
Developing solutions for scalable solutions by automating legacy processes and planning infrastructure development for future business opportunities
Mentorship and training to new joiners to make the integration of business smooth and seamless - Instrumental in hiring team members and interns as per business need and forecasting
Equity Derivatives and trading teams at Barclays Global Service Centre in Global Markets, Mumbai April 2019- Sep 2023
Involved in development and modification of platform used for pricing and booking of structured products of all asset classes
Products included One star feature on Autocall, Shark Fin, DropBack ,Callable and Non-callable in Equities,Macro and FX products
Macro Products include FRN, FRC, Steepeners and Step up Notes while FX products include DCN and Discount certificate
End to end planning of project like product requirements, resource allocation, product review, identification of bottleneck and in time delivery
Stakeholder management- regular stakeholder update calls, feedback of products onboarded, platform and feature enhancements
KID preparation of manual trades using WallStreetDocs and Internal Analytics tool and working for Automation of them using python
Automation process design and primary review of product output documents like Term sheet, Pricing supplement and KID
Equities team of London at JP Morgan Services India Private Limited in Global Markets Group, Mumbai March 2015- April 2019
Supported Quantitative Index Structuring (QIS) team in Index and Platform development and enhancement of tools useful in portfolio management
Worked on making generic framework for particular set of clients such that time required for being trade ready is reduced by 90%
Worked on projects to automate to index related parameters which is required for easy turnaround in serving the client and regulatory compulsion
Experience in Team Management along with Training and development of the new recruits in the team
Worked for product enhancement in flexibility of usage for client, representation of analytics and factsheets
Academic Qualifications
Dual degree(B.Tech in Manufacturing Engineering and M.Tech in Financial Engineering) 2014 IIT Kharagpur 8.16/10
Academic Highlights
M.Tech Dissertation- Portfolio optimization of equity and bonds May 2013- April 2014
Created the portfolio replicating the indices of equity and bond while keeping the number of securities less than indices
Higher order dependence among securities was considered instead of linear correlation - Stable fit distributions were tested on the return series for the estimation of higher orderdependence - Built the portfolio from both classical approach as well as differential evolutionalgorithm
B.Tech Dissertation- Laser cladding on titanium to study surface characteristics July 2012-April 2013
Studied the effect of surface coatings with powder mixtures of titanium, tungsten and graphite in different proportions and proposed the optimal composition as per the outcome - Tested the effects of different laser parameters on the optimal composition of the sample and optimized the parameters to achieve the desired surface characteristics - First author in publication of a research paper on this research in the Springer journal
Cleared JEE in my first attempt with AIR 2614
