Biswajit Mahato
About Biswajit Mahato
Biswajit Mahato is an Authorized Officer in Counterparty Credit Risk Model Validation at UBS, where he has worked since 2019. He has a background in quantitative analysis and has held various roles at CRISIL Global Research & Analytics, contributing significantly to model validation and training.
Work at UBS
Currently, Biswajit Mahato serves as an Authorized Officer in Counterparty Credit Risk Model Validation at UBS in Mumbai, Maharashtra, India. He has held this position since 2019. In this role, he is responsible for validating counterparty credit risk models and ensuring compliance with regulatory requirements. He has conducted training sessions on 'Validation Report Writing' for the RISK COO teams, contributing to the professional development of his colleagues.
Previous Experience at CRISIL Global Research & Analytics
Biswajit Mahato worked at CRISIL Global Research & Analytics in various capacities from 2015 to 2018. He began as a Management Trainee, then progressed to a Quantitative Analyst, and finally served as a Senior Quantitative Analyst. During his tenure, he identified a significant flaw in the aggregation of counterparty exposure, which led to changes in model documentation. He also analyzed model behavior under various market scenarios, including the Covid stress scenario.
Education and Expertise
Biswajit Mahato holds a Bachelor of Science (B.S.) in Mathematics from the University of Calcutta, which he completed from 2009 to 2013. He furthered his education with a Master's degree in Financial Mathematics from Chennai Mathematical Institute, studying from 2013 to 2015. Additionally, he obtained a Post Graduate Diploma in Data Science from the International Institute of Information Technology Bangalore & Upgrad, completing the program from 2020 to 2021.
Achievements and Recognition
Throughout his career, Biswajit Mahato has received several awards for his performance. He was honored with the Execution Excellence Award for Q1, 2017, and received the CLAP Award for best performer of the month on two occasions while at CRISIL. His contributions include presenting validation findings to regulators and maintaining an online database with the latest validation findings.