ASIF ISHAQ
2/128-A , Shah Faisal Colony , Karachi , Pakistan.
Tel # +92-21-34572619 , Mobile # + 92-301-2995464
E-mail : asif.ishaq.awan@hotmail.com
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PROFILE
A Risk Management professional with over 7 years of work experience in positions of increasing
responsibilities and duties. A team player with thorough research & analytical skills. A Cardiff graduate
and a position holder from Cardiff Business School in the field of International Economics & Finance.
Enriched with hands on experience in the following (but not limited to) :
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Treasury Front Office Monitoring & Analysis
Equity Portfolio Monitoring & Analysis
VAR Modeling , Back Testing etc
Financial Risk Modeling & Analytics
Risk Rating Tools (Credit & Market)
 Policies
&
Procedures:
Analyzing
Frameworks, Periodical Reviews and
Ensuring Implementation
 Forecasting Bank's liquidity Position
 Forcasting Impact of Macroeconomic
Variables on Bank’s Performance
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CAREER PROGRESSION:
National Bank of Pakistan
Credit / Market & Liquidity Risk Analyst
Risk Management Group
July 2007 – Till Date
Middle Office
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Daily front office Desk monitoring and analysis of Money Market & FX Activities , CRR & SLR
requirements , Money Book Authorization monitoring & reporting, tenor wise P&L reporting on
Maturity & Outstanding Deals , securities MTM , out of market deals etc
Monitoring & analysis of equity portfolio (sector & script wise), broker concentration , stop loss
limit , P&L calculation , Beta Calculation of stocks in HFT portfolio on daily basis
Coordinating the limit setting, review, amendments & approvals process and proposing related risk
limits
Implementing market risk policies applicable to Middle Office, calculating/ evaluating minimum
capital requirements jointly with the Finance Division.
Submitting various types of MIS and exception reports to senior management on bank’s market and
liquidity risk profiling
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Monitoring compliance with market risk management policies and procedures of business units, as
approved by the competent authorities
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Providing related support to and coordinating with Operations , Credit Risk Review, Strategy &
ICAAP function within Risk Management in the process of finalizing inputs on bank’s overall risk
management strategies (as part of the bank’s Strategic Plan) and to compile bank’s overall risk
management policy and ICAAP document
Providing necessary coordination, support, technical feedback and process knowledge etc. in
relation to implementation of market risk management/ middle office applications and working in
close coordination with Risk Automation function within Risk Management
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Policy, Modeling & Analytics :
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Developing market risk analytics, portfolio management and reporting framework and supervising
consistent usage of the same for systematic market risk profiling
Credit Portfolio View (CPV) model for forecasting Bank’s NPLs based on macroeconomic
variables , using E-views / Excel / Monte Carlo Simulation
Daily Value at Risk (VaR) on Equity, FIS and FX portfolios (HS , EWMA , EqWMA) , Back
testing & Capital Requirement calculations , hypothetical back testing etc
Stress testing for regulatory requirement based on shocks for Credit Portfolio , Consumer
Portfolio, Interest rates, Exchange Rate portfolio, Equity Investment, Liquidity etc
Internal shocks for liquidity, equity, FX, Money Market, Operation ris , interest rate portfolios for
propriety stress testing purpose and for Reverse Stress Testing
Forecasting Bank’s liquidity position based on model developed using E-views/Excel
Balance Sheet Duration Gap, interest rate sensitivity analysis, Duration analysis & Impact of Price
Value Basis Points (PVBP) on Govt. securities
Rating criteria for assigning MM Call, MM REVAL & FX REVAL limits to counterparties , SME
Rating Model & guideline document, Rating Model for insurance companies
Analysis of “Cost of Loanable Funds“ for NBP and peer banks
Methodology to rate banks performance on the basis of CAMELS model, model for calculating
Risk Adjusted Return on Capital (RAROC)
Model for determining Risk Index & probability of book value insolvency of the banking sector as
well as for individual banks
Quarterly peer group analysis of top 10 banks to analyze and measure efficiency, solvency and
profitability aspects
Designed and developed Model/Scorecards , policy framework and documentation for Consumer
Financing Products (House Finance , Agriculture Financing , Advance Salary)
Model for daily monitoring and analysis of Money Market and FX dealer limits (Deal Wise, Tenor
Wise), monitoring Broker concentration etc
Framework for Stress Testing, VaR, Back Testing, Market Risk Management (MRM) & ALM
PROFESSIONAL DEVELOPMENT:
Dec 2012
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MSc International Economics & Finance
Cardiff Business School, Cardiff University, United Kingdom
77% (Distinction , 3rd Position) .
Nov 2010
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Junior Associateship of Institute of Bankers Pakistan (JAIBP)
Dec 2006
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MBA (Finance) from Karachi University Business School,
University of Karachi with a CGPA of 3.53
Dec 2004
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BS in Computer Science with a CGPA of 3.36 from Department
of Computer Science, University of Karachi
Aug 2000
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Intermediate with 76 % from Adamjee Govt. College
July 1998
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Matriculation with 87 % from CAA Model School 2
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RESEARCH WORK / PROJECTS:
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Dissertation on “Economic Growth and Productivity of Banking Sector in INDIA” using multiple
production functions (Cobb Douglas & Translog ) in E-views.
Japan’s Lost Decades . Why was the country so unsuccessful in solving the problem of deflation
over the past two decades?
Hong Kong’s Currency Board System – Costs and Benefits since 1983
PROFESSIONAL TRAINING / WORKSHOPS:
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Risk Modeling & Forecasting Techniques, organized by ICIL , 26-27 March 2014
Money Markets , Organized by Litmus Consulting , 14th – 15th Dec’09
Credit Rating Tools , organized by IBP, April ‘ 09
Basel II , organized by DC GARDNER, 21st – 25th April ‘08
Basel II , Application in Pakistan , organized by ICIL (Pvt) Ltd , 10th – 11th April ‘08
Basel II , Implication in Pakistan , organized by DFI , 5th May ‘08
Commercial Banking , organized by IBP, 16th July – 11th August ‘07
Risk Management , organized by Citigroup, 11th to 23rd Dec ‘06
Supply Chain Management , Business Continuity Management organized by Marcus Evans , Dec ‘ 06
COMPUTER SKILLS & COMPETENCE:
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Well Versed With Microsoft Office Applications
Dealing Softwares – Autosoft Dynamics, ADAMS software
Statistical Softwares : E-Views
ACHIEVEMENTS:
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Position (3rd) in MSc from Cardiff University
Cash Awards on passing JAIBP Exam (Level I, II , III )
Special Cash Award by the BoD (NBP) on successful completion and launching of Basel II Project in
National Bank of Pakistan.
Distinction in Marketing , IBP Exam , Stage II
Awarded with Merit Certificate by the Director General of CAA on securing 87% in Matriculation Exams
Awarded with Certificate of Achievement for organizing ACM CS-KU Pro-Quest in 2003 & 2004
Straight As’ in all the Math subjects in BS (Computer Science)
REFERENCES
Saleem Ahmed.
Mukesh Kumar Jeswani
Group Chief (A)
Risk Management Group
National Bank of Pakistan
E-mail: Saleem.ahmed@nbp.com.pk
Telephone +923009295398
Wing Head , Market & Liquidity Risk Wing
Risk Management Group
National Bank of Pakistan
E-mail: mukesh.kumar@nbp.com.pk
Telephone +923332135187