Varunkumar B.
About Varunkumar B.
Varunkumar B. serves as the Model Risk Audit Associate Director at UBS, where he has worked since 2018. He has extensive experience in model validation and risk assessment, having previously held positions at HSBC and Moody's Analytics, and holds multiple degrees in finance and quantitative disciplines.
Current Role at UBS
Varunkumar B. serves as a Model Risk Audit Associate Director at UBS, a position he has held since 2018. In this role, he is responsible for reporting directly to senior audit management regarding model risks associated with various models. His work includes active participation in continuous risk assessments, particularly focusing on E-trading Algorithm models. Varunkumar's expertise in model risk audit is critical for ensuring compliance and operational effectiveness within the organization.
Previous Experience at HSBC
Varunkumar B. has extensive experience at HSBC, where he held multiple roles. He worked as a Quantitative Analyst in Model Validation from 2016 to 2018 for two years in Kraków, Poland. He later advanced to the position of Senior Quantitative Analyst for a brief period in 2018. Prior to these roles, he served as an Assistant Manager in Finance from 2009 to 2014 in Gurgaon, India. His tenure at HSBC provided him with significant insights into model validation and financial analysis.
Educational Background
Varunkumar B. has a solid educational foundation in engineering and finance. He earned a Bachelor of Engineering (BE) in Computer Science from Osmania University from 2001 to 2005. He further pursued advanced studies, obtaining a Master of Business Administration (MBA) in Finance from Amrita Vishwa Vidyapeetham, Coimbatore, from 2006 to 2008. Additionally, he completed a Master of Science (M.S.) in Econometrics and Quantitative Economics at Católica Lisbon School of Business and Economics from 2015 to 2016, and a Master's in Quantitative Finance from Hanken Svenska handelshögskolan from 2014 to 2016.
Professional Skills and Specializations
Varunkumar B. specializes in assessing the design and operational effectiveness of stress testing models. His role involves reviewing the closure of issues raised by regulators, the Group Internal Audit (GIA), business units, and external auditors. His expertise in model validation and risk assessment is complemented by his active participation in continuous risk assessments, particularly for E-trading Algorithm models, which are essential for maintaining compliance and operational integrity in financial services.
Experience at Moody's Analytics
Before his tenure at HSBC, Varunkumar B. worked as a Senior Analyst at Moody's Analytics Knowledge Services from 2008 to 2009 in Gurgaon, India. This role contributed to his analytical skills and understanding of financial models, further enhancing his qualifications in the field of model risk and validation. His experience across different organizations has equipped him with a diverse skill set applicable to model risk management.