About

Venkatesh Nayak is a highly skilled Model Risk Management professional with expertise in Model Development, Machine Learning, Model Validation, Risk Governance, and Project Management. He is currently serving as an Associate in the Portfolio Analytics Group at Blackrock, where he leverages his skills to drive portfolio analytics and risk management initiatives. Venkatesh holds a Master's degree in Financial Mathematics from North Carolina State University and a Bachelor's degree in Mechanical Engineering from Goa College of Engineering. He also has a Science degree from Mushtifund Higher Secondary School. Venkatesh is a GARP Certified Financial Risk Manager with 5.28 years of relevant experience. Before joining Blackrock, Venkatesh worked as a Senior Advisory Consultant at Deloitte, where he developed portfolio analytics models in Python to assess concentration risks of fixed-income portfolio. He also automated multiple audit reports using Python and advised a large capital market client on their risk governance efforts for benchmark reforms (LIBOR Transition). This included planning and project managing the effort for risk models (Market Risk (IMA), Credit Risk, Counterparty Risk (IMM)), and, valuation models (Rates, Equities). Venkatesh also validated Machine Learning playbooks for model risk management best practices. Earlier in his career, Venkatesh worked as a Data Analyst Intern in Business Intelligence at Group One Trading, LP. Here, he researched and analyzed the transaction costs incurred during order execution and developed a tool to optimize order routing. He also developed a dashboard in Power-BI to analyze option vegas and implied volatilities and identified operational inefficiencies and created process automation codes which resulted in a 4% reduction in time consumed on a monthly basis. Venkatesh is proficient in ML, Python, and SQL and has a strong academic and professional background in financial mathematics. He is a detail-oriented and results-driven professional with a proven track record of delivering value to his clients and organizations.