Benjamin DE AMARAL

Experience

• 

  Natexis Banques Populaires

  Jan 2003 - Jan 2003

  Pricing lib integrator (Internship)
• 

  Reuters Financial Software

  Jan 2003 - Jan 2005

  Q&A Functional consultant

  Kondor+ is a deal capturing, position keeping and pricing system that offers a sophisticated and flexible means of managing deals and positions across all instruments in real-time. It has proven itself in daily operation for more than 600 financial institutions in financial centres worldwide, across 13,000 positions in more than 60 countries - ranging from single site installations to global rollouts at top-tier banks.With market standard pricing libraries from NumeriX and a host of new features, in its latest version Kondor+ offers comprehensive coverage of all instruments -- from vanilla assets to exotic derivatives and structured products -- all in one system. Its Kondor Open Trade and API module allows traders to access proprietary models and design tailor-made products with the help of a flexible, user-friendly toolkit. Show less

• 

  Misys

  Sept 2005 - May 2008

  ASP Functional consultant

  Misys Summit is a proven, technologically advanced, multi-asset class solution for treasury and capital market participants. Sophisticated trader tools and risk management combine with rules-based workflow and real-time trade processing to deliver the right information to the right people, at the right time. With 14 years of market experience and unrivalled software development expertise, Misys Summit is a recognised market leader.Misys Summit boasts a 100% track record of successful implementations and a 96% customer retention rate. From Tier 1 global banks to investment banks in developing markets, corporate treasuries and hedge funds, Misys Summit delivers results. At Misys we pride ourselves in providing the solution to help you meet the challenges of today's complex global markets. We pride ourselves in supporting our customers and as such have a dedicated support portal for existing customers. Show less

• 

  SunGard Financial Systems - now part of FIS

  May 2008 - May 2011

  Valuation & Risk Analyst

  SunGard is one of the world’s leading software and IT services companies. SunGard serves more than 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented six times. For more information, please visit SunGard at www.sungard.com Show less

• 

  Credit Agricole CIB

  May 2011 - Jun 2015

  Business Analyst - IR Derivatives SUMMIT - "Multicurve" Project

  The recent credit and liquidity crisis has had two main effects concerning interest rates: - The basis spreads between Libor of different tenors have widened. These different Libor rates became more and more independent from each other creating their own respective markets and underlying interest rate risk. As a result, they can no longer be modeled through a common process or asingle set of market data. Each tenor requires a dedicated curve. - New counterparty risk mitigation techniques have been developed. One of them, collateralization for derivatives transactions specified in a Credit Support Annex (CSA) - close to a margin call - became so widely used that the market now quotes collateralized swaps. My role and responsibilities at CA-CIB are to ensure that client's system can handle correctly the impact of multicurve on trades valuation, interest rate curves bootstrapping and risk management ; this requires to adapt software and methodologies at different levels : - The concept of curves dependency has been introduced, inducing refactoring of bootstrapping methodologies to correctly manage this new hierarchy without negative impact on performances ; - At trade level, the collateralization process has been defined by a complex algorithm which derives the discounting index from specific parameters (counterparty, CSA type...) ; - Pricing and risk computation process are strongly impacted as software were originally designed to support a simplified single curve framework ; so explanatory P&L, greeks computation and even trade's valuation have been enhanced to correctly handle the complexity of curves dependency. Show less

• 

  Global Market Solutions SAS

  Jun 2011 - Jun 2023

  • Front / Risk / Regulatory department Director

    Jun 2019 - Jun 2023

  • Senior Functional Consultant [Front Office]

    Jun 2011 - Jun 2023
• 

  KfW

  Jul 2015 - Jan 2016

  Senior Business Analyst on IR Derivatives

  As part of the recommendation from EMIR (enacted the 16th August 2012), KFW has setup a technical solution with REGIS-TR to report its derivative trades in a trade repository. My mission consisted in providing functional help to KFW to integrate new functionalities linked to EMIR requirements taking into consideration REGIS-TR technical constraints. This project called “Level II Validation” implies to understand the complex functional relations between trades description fields and their relative checking methods, to provide an exhaustive testing documentation and also to put in place technical solutions to avoid performance issues. Show less

• 

  Groupe BPCE

  Jan 2016 - Jun 2016

  Stream leader Front-Office & sujets transverses

  Dans le cadre du projet ChROME d'implémentation du progiciel SUMMIT pour les activités Front-to-Back-to-Compta, je suis responsable du Stream fonctionnel définissant les masques de saisie des opérations financières, les process de validations, de valorisation et de reporting.Mon équipe composée de Business Analystes et de développeurs, a la responsabilité de la production de documents de spécifications fonctionnelles détaillées issues de la compréhension du besoin des divers interlocuteurs, mais également de la validation fonctionnelle et technique des développements et paramétrages livrés aux différents jalons.Mon équipe travaille également sur des sujets transverses liés à la sécurité des systèmes d'informations permettant de garantir la confidentialité et la protection des données sensibles (opérations, position, données de marché, valorisations) et réalise des ateliers de travail et démonstration permettant de former les utilisateurs au fonctionnement de la solution cible. Show less

• 

  HSBC Global Banking and Markets

  Jul 2016 - Jul 2017

  Valuation Services - Grid Computing - Business Analyst

  Responsable du projet de migration des datacenter de calcul du département FIXED INCOME et de la standardisation des processus techniques permettant la réalisation de calculs gridés.

• 

  Societe Generale Corporate and Investment Banking - SGCIB

  Jul 2017 - May 2019

  Liquidity Risk Business Analyst (LCR, NSFR)

  Provide functional specification documents on Liquidity models and metrics Design reports for Front Office desks Provide business solutions in line with regulatory constraintsPropose technical tests to ensure data quality

• 

  BPCE SERVICES FINANCIERS

  May 2019 - Dec 2019

  SUMMIT Front Office business analyst
• 

  Bpifrance

  Mar 2020 - Mar 2023

  SUMMIT Front/Risk Senior Business Analyst

  En charge des projets SUMMIT de modélisation, saisie et validation des opérations de marché ; Alimentation et validation des données de marché ; Valorisation des produits, calibration des modèles de pricing ;Mise en place des nouveaux reporting règlementaires SFTR, EMIR, NoriaAlimentation automatique des opérations de marché à partir des plateforme électroniques de saisie BloombergSTP : génération automatisée des appels de marge

• 

  Natixis Corporate & Investment Banking

  Jun 2023 - now

  Market Risks Business Analyst - Projet SUNRISE : P&L, Sensi & Stress

  En charge de la refonte technique et fonctionnelle de la chaîne de calculs de PnL, Sensi et Stress des périmètres Taux, FX et Crédit.Le projet SUNRISE consiste à définir une toute nouvelle architecture technique de la chaîne de calcul afin d’améliorer la fiabilité, la performance et la flexibilité des modules de calculs, de bootstrapping et de génération des métriques de risque.En collaboration avec les équipes Quants, Intégrations, Market Data, Référentiels, Scénarios et évidement Support, le but est d’obtenir une chaîne stable, robuste, efficace et performante, quels que soient les scénarios de risque, les produits à valoriser ou les modèles de pricing utilisés. Show less