Ritika Tewari

Experience

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  Indian Council of Reesearch

  May 2009 - Dec 2010

  Research Assistant

  As part of Macro Team (Area of Focus: Macroeconomics, especially Industrial Sector of Indian Economy) Research paper on India’s Balance of Payment (BoP) in the aftermath of financial crisis of 2008-09.  Research on FDI in BRIC countries focused on changes in investment climate post financial crisis in emerging economies of Brazil, Russia, India and China.

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  SPICE Global Investment Pvt. Ltd.

  Dec 2010 - Dec 2012

  Research Analyst

  1) Reports on the following:  Right To Education initiative: Develop Capacity, Quality and Access to Education. Venture Capital: Over view, Key Challenges and Ways to Foster Innovation. Food Security: Issues and news to resolve the issue Energy Security Issue of India and comparison with China Evaluation of Public Distribution System in the country and reforms needed. Inclusive growth versus Economic Growth: Case of India2) Involved in research works in areas namely: India relations with ASEAN Countries like Indonesia, Thailand and with developed economies like Russia, UK, US, in terms of trade and investment. 3) Report on MSMEs in India: Manufacturing Competitiveness- Challenges and Recommendations. Identified the challenges faced by MSMEs in Indian economy. Show less

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  Indicus Analytics

  Feb 2013 - Feb 2014

  Assistant Manager, Research & Development

  Worked in the following projects:1) Data analysis of all the existing banks in India with respect to some specific parameters, such as-• Profitability (Gross and Net profit, overall and per employee).• Cost (overall cost, cost of funds, cost of borrowings and cost per employee).• Growth in business, number of branches, ATMs, POS transactions etc. 2) Financial Surveillance Framework: Development of Liquidity Stress Indicator• Analysed the existing surveillance framework of IMF and determined the changes needed in the same for the development of an effective surveillance mechanism and framework for Asian countries such as- India, China, Indonesia, Philippines, Korea, Japan, Bangladesh, Bhutan, Lao, Vietnam etc. • Developed a comprehensive and simplistic indicator for detecting crisis situation in an economy i.e. Liquidity Stress Indicator. Based on Dupont model in finance – it is a ratio of reserve to total external debt, decomposed into several important ratios such as- imports to exports, exports to total trade, GDP to external debt, exchange rate to capital flows, etc. Such decomposition helped in viewing and analysing different critical aspects of an economy, for instance- the coverage of external debt, status of total trade in terms of GDP, effects of movement of capital flows on exchange rate. Show less

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  ANZ

  Mar 2014 - Aug 2017

  1) Wholesale Stress Test Model: Large & Global Enterprises (LGE), Banks and Mining- Vasicek-Merton Method.Responsibilities Conducted data sanity checks to confirm the appropriateness of the data for LGE and Bank portfolios by creating cross tables on various dimensions like-exposure by industry and country. Involved in developing the modelling process, which included various steps like-transformation of macro-economic variables, clustering, checking for correlations, sign checks, regression and statistical tests.  Extracted Z (the systemic risk factor) using Vasicek Merton methodology, for both LGE and Bank portfolios. Updated SAS-IML codes and cross checked the results against excel sheet results.  Built linear regression models for LGE, Bank and Mining portfolios. Involved in documentation process, majorly on regression methodology part.2) Retail Stress Test Model: New Zealand Mortgage – Hazard Rate Model. Responsibilities Extracted data from different sources for relevant variables which were required for building the New Zealand mortgage model. Computed group level variables (OO/RIL) for the blue part of the mortgage portfolio. Collaborated with retail and monitoring teams to reconcile stress testing data with retail data. Worked on univariate analysis of various variables. This was done at various levels viz. source, product, group etc. Created automated scripts for computation of IV, WOE and empirical logits for portfolio variables. Researched to extract data for region-wise HPI and unemployment rate from external sources. Created automated scripts for transformation of major macro-economic variables, like- GDP, region-wise unemployment rate, region-wise house price index and CPI.  Created automated scripts to determine the significant transformed macro-economic variables, on the basis of p-value, correlation and sign. Involved in documentation process. Show less

  • Associate Manager, Credit Risk Methodology Team

    Feb 2017 - Aug 2017

  • Wholesale Banking Modelling Analyst

    Mar 2014 - Jan 2017
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  HSBC

  Oct 2021 - now

  • Senior Manager Strategy & Framework SP & ST

    Nov 2022 - now

  • AVP, Stress Testing for HBAP, HSBC

    Aug 2019 - now

  • Lead Manager, Stress Testing

    Aug 2017 - now

  • HBUK SP&ST

    Oct 2021 - Nov 2022
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  HSBC Group

  Nov 2022 - now

  Senior Manager Strategy & Framework SP & ST