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  • Ph.D. (Econometrics) IGIDR
  • MBA ISB, Hyderabad
  • BE (Mining Eng.) BITS Dhanbad

Dr. Binay Kumar Ray

Dr. Binay Ray is currently working as Manager Counterparty Credit Risk, NBAD.

Previously he was working as AVP Quantitative Risk with DBS Singapore where he was responsible for setting up Quant-based risk analytics. Prior to that he worked as AVP Quantitative Risk team with Nomura Sec. (formerly Lehman Brothers) one of top four Wall Street Investment Banks. A Quant professional with more than half a decade of experience in Modeling, Measurement and Management of Quantitative risk and analytical projects. He is the first person to start the Quant Credit Risk Team in India for the Lehman Brothers for their entire Asia-Pacific trading desk and received an Outstanding Award for setting up the Quant Credit Risk team and exposure estimation. He was responsible for risk exposure estimation for structured Credit Derivatives trades generated from Asia trading desk. Currently he is involved in developing a simulation-based system for commodity derivatives.

Prior to that he was Independent Consultant with Stadiamarketing (USA), Roulac Global Places where he managed and worked with economics and data analyst team on different Economics projects.

He was Senior Consultant with the Decision and Marketing Science Team of General Electrics Capital International Services where he developed score-card model for retail (credit card, bank account, PLCC, Loan, Mortgage etc) for Acquisition, Attrition, Cross-sell and Customer Segmentation analysis for USA biggest retail chain firm.

He was Senior Analyst, Analytics Team with Mckinsey and Company where he worked on and managed the Analytics area projects using various econometric and Time series techniques.

He is a visiting faculty at NITIE and NMIMS where he teaches Financial Econometrics, Time Series Analysis and Derivative Modelling.

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