Nitin Phutela
About Nitin Phutela
Nitin Phutela serves as the Lead Business Analyst for Market & Credit Risk at Iris Software Inc. since 2019, bringing extensive experience in risk management and business analysis from previous roles in various companies.
Work at IRIS Software
Nitin Phutela has been employed at Iris Software Inc. as a Lead Business Analyst specializing in Market & Credit Risk since 2019. His role involves overseeing various risk management projects and leading a team of Business Analysts, Quality Assurance professionals, and Developers. He manages task documentation and issue tracking using Jira. His contributions include automating market risk workflows and developing key analytical models.
Previous Experience in Business Analysis
Prior to joining Iris Software, Nitin Phutela worked at CSC - Computer Sciences Corporation as a Professional 1 - Business Analyst from 2013 to 2019. He also held positions at Religare Commodities Limited, where he served as a Senior Business Analyst from 2010 to 2013, and as a Risk Analyst from 2006 to 2007. His experience spans various aspects of business analysis and risk management.
Education and Expertise
Nitin Phutela studied at the Indian Institute of Planning and Management. His educational background supports his expertise in business analysis, particularly in market and credit risk. He has developed technical skills in Excel modeling, Python programming, and documentation preparation, which are essential for his roles in risk management.
Achievements in Risk Management Projects
Nitin Phutela has made significant contributions to risk management projects, including the development of an Excel-based model for Profit and Loss Attribution (PLA), Expected Shortfall, and Historical Value at Risk (HVaR) as part of the FRTB IMA project. He has also created Python pseudo code for exposure calculations and prepared Functional Requirement Documents (FRD) and Business Requirement Documents (BRD) for compliance with the Volcker Rule.
Team Management and Collaboration
In his current role, Nitin Phutela manages a team of professionals and oversees the collaboration between Business Analysts, Quality Assurance teams, and Developers. He conducts functional testing, prepares test plans, and delivers user demos and internal presentations on domain topics after each sprint release, ensuring effective communication and project alignment.