Chirag Sheth

• Risk Assessment & Methodology: Spearheaded improvements to the internal credit rating methodology for the funds industry space, encompassing Mutual Funds, Hedge Funds, and Pension Funds through rigorous analysis and data management. Executed comprehensive counterparty credit analysis, preparing in-depth reviews for new and existing clients, interpreting portfolio stresses, and compiling recommendations to determine accurate credit ratings.
• Control Frameworks & Risk Mitigation: Advised on Independent amounts regarding the Equity derivative product group within the OTC derivative margin team. Managed credit limits, effectively controlled excesses, and determined credit risk mitigation strategies via limits and tiers.
• Stakeholder Management & Due Diligence: Facilitated close dialogue with Sales and 1LOD for fund-related requests, including complex transaction analysis and approvals. Supported due diligence meetings to evaluate client risk profile, underlying risks, and strategic objectives. Liaised directly with the documentation department to establish stringent credit conditions and parameters across key trading documents, including ISDAs, CSAs, GMRAs, and GMSLAs
• Close dialogue with Sales,1LOD for Fund related requests, including transaction analysis, approval and determination of credit risk mitigation via limits and tiers.

• Regulatory Reporting & Operational Monitoring: Conducted the reconciliation and continuous monitoring of loans pledged by Citi with the European Central Bank (ECB) across the EMEA region.
• Strategic Change Evaluation & UAT: Drove the development and implementation of a new loan pledging application within Citi. Evaluated tactical system changes by rigorously testing new functionalities in both User Acceptance Testing (UAT) and live production environments to ensure the effectiveness of operational controls.
• Cross-Functional Collaboration: Collaborated directly with diverse internal stakeholders across Citi to guide the creation and operational rollout of the EMEA loan pledging application.

• Operational Control & Error Remediation: Investigated and resolved underlying causes of errors, processed incoming credit requests, and reviewed for completeness. Applied in-depth knowledge of Citi's internal Risk Policy and financial product risk/exposure to evaluate and mitigate risks.
• Data Quality Frameworks: Reviewed Data Quality reports generated from internal Risk systems, including Optima and CRC, to systematically reduce data quality exceptions. Executed data quality cleanups in close collaboration with CRMS colleagues, Credit Risk Officers, Associates, and the Documentation team.
• System Management & UAT: Participated as a UAT tester for various risk management system tools, evaluating functionality in a UAT environment prior to production deployment. Accurately recorded credit facilities and maintained relationship data across Citi's credit systems, including CitiRisk Credit, Facility Management, and Citirisk approvals.
• Portfolio Risk Management: Acted as a Middle Office CRA managing complex GIRM and FIRM portfolios. Oversaw accounts spanning Healthcare, Chemicals, Metals & mining, Transport, Insurance, Broker-dealers, Managed Funds, Hedge Funds, and Banks/Fintech.

Corporate Actions & Trade Processing: Initiated tenure as an Intern, processing Corporate Action (CA) events within the Citi SECOR application. Utilized Bloomberg terminals to record and verify CA events for SEDOL/CUSIP, proactively rechecking data for changes in final values or execution dates in coordination with Citi's trustee department.