Chaitanya Veeraghanta
About Chaitanya Veeraghanta
Chaitanya Veeraghanta is an Analytics Manager at HSBC in Bangalore Urban, India, where he has worked since 2019. He has a diverse background in finance and analytics, having previously held positions at Ford Motor Company and Infosys, and holds multiple degrees including an MBA.
Work at HSBC
Chaitanya Veeraghanta has served as an Analytics Manager at HSBC since 2019. Based in Bangalore Urban, Karnataka, India, he is responsible for the end-to-end development of Probability of Default (PD) and Loss Given Default (LGD) models for the Asia Pacific region. His work focuses on impairment calculations in accordance with IFRS9 standards. He has developed Stress Testing PD models utilizing logistic regression and the Vasicek formula, which are essential for risk management and forward guidance. Additionally, he is involved in the internal monitoring of models, employing QlikSense dashboards for quarterly reviews and back testing for annual assessments.
Previous Experience at Ford Motor Company
Before joining HSBC, Chaitanya worked at Ford Motor Company as a Credit Analyst from 2017 to 2019 in the Chennai Area, India. In this role, he analyzed 'early payoff' trends using tools such as SAS, Alteryx, and Qlikview, specifically focusing on Ford Credit's European market. His analytical skills contributed to understanding customer behavior and financial trends within the automotive finance sector.
Education and Expertise
Chaitanya holds a Master of Business Administration (MBA) in Finance and Financial Management Services from EBS Universität für Wirtschaft und Recht, which he completed in 2017. He also earned another MBA from the Department of Management Studies at the Indian Institute of Technology, Madras, from 2015 to 2017. His undergraduate degree is a Bachelor of Technology (B.Tech.) in Electronics and Computer Engineering from SNIST, completed from 2008 to 2012. He has been awarded the CFA Access scholarship by the CFA Institute for Level II and Level III exams, indicating his commitment to advancing his expertise in finance.
Early Career at Infosys and IIT Madras
Chaitanya began his career as a Senior System Engineer at Infosys, where he worked from 2013 to 2015 in Hyderabad. He also gained experience as a Venture Capital and Private Equity Intern at the Indian Institute of Technology, Madras, for two months in 2016. These roles provided him with foundational skills in technology and finance, which he has built upon in his subsequent positions.