Shivam Aggarwal
About Shivam Aggarwal
Shivam Aggarwal is an Assistant Manager at KPMG India, specializing in ECL models and IFRS9 compliance for banks and NBFCs. He holds an MBA from the Institute of Management Technology, Ghaziabad, and has experience in market risk models and time series analysis.
Work at KPMG India
Shivam Aggarwal serves as an Assistant Manager at KPMG India, a position he has held since 2018. His role involves developing and validating models related to Expected Credit Loss (ECL), specifically focusing on Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD). He is based in Gurugram and has contributed to projects that ensure compliance with IFRS9 regulations for banks and Non-Banking Financial Companies (NBFCs).
Education and Expertise
Shivam Aggarwal holds a Master of Business Administration (M.B.A.) from the Institute of Management Technology, Ghaziabad, where he studied Finance from 2016 to 2018. He also earned a Bachelor of Science (B.Sc.) in Mathematics from Shivaji College and a Bachelor's Degree in Mathematics from Delhi University, both completed between 2012 and 2015. His academic background supports his expertise in developing ECL models and market risk models, particularly in pricing derivative products.
Background
Shivam Aggarwal completed his high school education at Ramjas Senior Secondary School No.5, where he studied Science from 2005 to 2012. Following his high school education, he pursued higher studies in Mathematics, culminating in two Bachelor's degrees from Delhi University and Shivaji College. His educational journey laid the foundation for his career in finance and risk management.
Previous Experience
Before joining KPMG India, Shivam Aggarwal worked as a Business Development Intern at Impact Guru in 2017. During this one-month internship in Mumbai, he gained experience that contributed to his professional development. His early career experience has complemented his current role in financial modeling and risk assessment.
Specialization in Financial Models
Shivam Aggarwal specializes in developing and validating financial models, particularly in the context of IFRS9 compliance for banks and NBFCs. His work includes validating balance forecasting models for a multinational bank utilizing time series analysis. His expertise extends to market risk models, where he focuses on the pricing of derivative products for financial institutions.