---
title: "Rasesh Shah ,FRM - Director in Mumbai Metropolitan Region | Tal"
description: "Meet Rasesh Shah ,FRM, Director – Business Analyst | Credit & Market Risk | Basel III/IV, SCCL, FRTB | Treasury & Asset Management | FRM | Mumbai based in Mumbai Metropolitan Region. AI stack includes claude, gemini, and github copilot."
image: "https://tal.club/meet/rasesh-shah/share-image"
---

# Rasesh Shah ,FRM on Tal

## Headline

Director – Business Analyst \| Credit & Market Risk \| Basel III/IV, SCCL, FRTB \| Treasury & Asset Management \| FRM \| Mumbai

## About

Certified FRM and Director‑level Business Analyst with 11\+ years across credit risk, market risk, treasury and asset management within global banks and insurers \(Morgan Stanley, Future Generali\)\. I specialize in translating complex Basel III/IV, SCCL, Large Exposures and FRTB requirements into scalable, technology‑driven risk platforms\. At Morgan Stanley, I lead end‑to‑end implementation of credit risk capital and RWA calculation frameworks, drive BCBS 239‑aligned data and control architectures, and manage global stakeholders across trading, finance, risk and technology\. I have delivered multi‑year transformations spanning risk data warehousing, cloud data sourcing, and controls automation using tools such as Visio, Alteryx, SQL, Python and Copilot\. Previously, I built Python‑driven analytics for solvency and claims risk at Future Generali and led front‑to‑back implementations of treasury and asset management systems for banks in the Middle East and Asia\. My experience covers requirement gathering, BRD/FRD creation, Agile user stories, UAT, production rollout and post‑go‑live stabilization\. I am keen on senior Business Analyst / Product Owner / Change roles in Investment Banking and Risk \(credit, market, capital, treasury\) at global banks and GCCs in Mumbai, where I can own regulatory change, risk platforms and data initiatives end‑to‑end\.

## Location

Mumbai Metropolitan Region

## AI stack

claude

gemini

github copilot

ChatGPT

Microsoft Copilot

OpenAI Agents SDK

## Work experience

Director at Morgan Stanley, Sep 2021 \- Present · 5 yrs, Mumbai, Maharashtra, India, Lead global Basel IV change for credit risk capital, defining requirements for standardized and internal ratings‑based RWA calculation models across SFTs, OTC derivatives and fund exposures\. Own end‑to‑end business analysis for the Credit Risk Capital Calculation platform, including current‑state assessment, target‑state architecture, BRDs/FRDs and detailed Visio process flows\. Drive BCBS 239 risk‑data aggregation and reporting controls as first line of defence, defining data quality rules, reconciliations and sign‑off workflows across primary calculators and the strategic risk data warehouse\. Manage Agile delivery across multi‑squad “fleet” structure: refine user stories and BDD scenarios, prioritize backlogs, coordinate with technology and validate builds through UAT and regression testing\. Partner with Risk, Finance, Front Office and Technology stakeholders across regions to implement SCCL, Large Exposures and FRTB changes, ensuring timely, regulator‑compliant implementations\. Shape and execute cloud‑based data sourcing strategy for credit‑risk data, rationalizing multiple primary calc feeds into a single strategic warehouse and improving data accuracy and scalability\. Use Alteryx, SQL and Excel to build workflows, reconciliations and control reports, reducing manual effort in risk reporting and enhancing transparency for senior management\.

Risk Management at Future Generali India Insurance Company Limited, Nov 2017 \- Sep 2021 · 3 yrs 11 mos, Mumbai Metropolitan Region, Part of Risk Management Team handling Financial risk\. Core responsibilities include Risk identification through Key risk indicators and Key performance indicators of Business functions, Risk governance through monitoring risk parameters against regulatory limits, Risk Monitoring through Stress testing and Backtesting\. Experienced in Risk Modelling to monitor high stress scenarios impacting Solvency and Investment portfolio\. Proficient in VAR Monitoring through Historical VAR simulation\. Key partipant in development of Pricing tool for Non life insurance functions including Property, Motor and Health Insurance\.

Business Analyst at Miles Software Solutions Private Limited, Jan 2016 \- Nov 2017 · 1 yr 11 mos, Mumbai Metropolitan Region, Worked as Business Analyst in Solution Delivery Team in Asset Management and Wealth Managent Domain\. Core responsibilities include \- Requirements gathering, Preparation of Business requirement document, Functional specification document and Solution mapping document\. Proficient in implementation of Risk Management and Portfolio analytics solution\. Had opportunity to travel onsite for prestigious clients like Philippines national Bank, IIFL and Avendus Capital\.

Business Analyst \- Treasury Domain at 3i Infotech, Sep 2014 \- Dec 2015 · 1 yr 4 mos, Mumbai Area, India, • Understanding the functionality to be incorporated in the financial software products by extensive analysis and requirements gathering from customers and end users • Accounting Management & Swift Message Management of all Treasury Modules • Understanding of Forex InterBank & Money Market Deposit Deals • Implementation of Risk management system through setting up of Risk Limits for Interbank & Money market deals • Analysing scope & requirements for Fixed Income Bonds, Exotic Bonds ,Repo & Private Repo Deals • Valuation of OTC Derivative Products like Swaps, Currency Option & Commodity Derivative Products • Initiated creation of Commodity Treasury Products & Current Default Swap Module • Mapping of Regulatory reports like DSB return & R\-return reports into system • Roles and responsibilities also include preparing scope documents, functional specifications documents etc and ensuring effective knowledge transition to the technical team for product development • Preparing test plans and test cases, assisting functional testing conducted by testing team and ensuring smooth deployment • Conducting Pre Sales activities like product demo, RFP response for prospective Customers

Intern at NEC, May 2013 \- Aug 2013 · 4 mos

## Education

FRM, Finance, General, Global Association of Risk Professionals \(GARP\)

Master of Business Administration, Finance, K J Somaiya Institute of Management

[View the original profile](https://tal.club/meet/rasesh-shah)

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