Riyaz H. Millwala
Natraj 101, 2nd
Hasanabad Lane
Santa Cruz West, Mumbai 400054
Mobile: 9821112258 / 9867334596 / 9833709197 / 9870722786
e-mail: rmillwala@yahoo.com
OBJECTIVE
Managerial Role in an organisation.
SUMMARY
I have 17 years’ experience in the finance industry in treasury front office and in managing the back office
operations for various hedge fund administrators such as Spectrum Fund Administrators & GlobeOp
Financial Services which is among the top ten fund administrators in the world. I have also worked in the
IT field as a domain consultant leveraging my knowledge of the different processes used in hedge fund
back office namely pricing & valuation, trade entry, documentation, reconciliation, trade support and
collateral management for financial derivatives. Currently I am working as a freelance trainer for Treasury
products. Recently I have conducted training workshops on varied topics such as Financial derivatives
including listed & exchange traded derivatives, Swaps, Foreign Exchange Markets, Commodity Markets,
Money Markets, FX forwards, Futures & Options, Collateral management and Financial Research &
Report Writing. My clients include online learning institutes, investment banks, IT firms, online training
institutes and stock exchanges.
EDUCATION
Jan. ' 89 to May ' 91
Central State University, Edmond, OK 73034, USA
Masters in Business Administration. Major: Finance. GPA=3.69/4.00
Project: Research Project on Bank Marketing.
Evaluated customer's requirements and satisfaction levels from their existing banks.
Sep. ' 82 to Feb. ' 87
Siddaganga Institute of Technology, Bangalore University, India.
B. E. (Chemical Engineering).
EXPERIENCE
Mar. 11 to Present
Self Employed. Mumbai
Position held: Freelance Trainer
Duties: Conducting training classes on treasury products and how to trade in futures & options. Trading in
the nifty futures & options market and in the currency markets.
July 09 to Feb. 11
Deutsche Bank. Bangalore
Position held: Asst. Vice President (IB IT – Derivative Projects)
Duties: Managed the business analysts of the vendor team to ensure the business/functional requirements
and timelines of derivatives projects are met.
June 07 to Jun. 09
Satyam Computers. Mumbai
Position held: Consultant (Hedge Fund Industry Domain)
Duties: In charge of a 10-member team of business analysts being the interface between the client and the
software developers team.
Resume of Riyaz Millwala Page 1
Sep. 06 to May 07
ABN Amro Central Enterprise Services (ACES). Mumbai
Position held: Asst. Vice President (Derivatives Documentation)
Duties: In charge of a 50-member team handling derivatives documentation as per ISDA guidelines.
Dec. 05 to Aug. 06
Spectrum Global Fund Administrators Pvt. Ltd. Bangalore
Position held: Manager (Fund Operations.)
Duties: In charge of a 10-member team handling derivatives documentation as per ISDA guidelines and
reconciliation of OTC trades.
Nov. 03 to Nov. 05
GlobeOp Financial Services (India) Pvt. Ltd. Mumbai
Position held: Manager (OTC - Derivatives Dept.)
Duties: Initiated the setting up of the OTC department and was in charge of a 70-member team handling
the back office work for over a 100 hedge funds. My tasks included:
• Managing a team of 50 members involved in
o ISDA documentation
o Pricing of OTC derivatives such as IRS, CDS, FRAs, Swaptions, Equity Swaps, etc.
o Reconciliation
o Collateral management
o Trade support
.
Apr. 03 to Nov. 03
PricewaterhouseCoopers (P)Ltd. Mumbai
Position held: Assistant Manager (Financial Risk Management Division)
Duties: Assisted and advised clients on how to manage their financial risks which included – Currency,
Commodity and Interest rate risks.
Jan. 02 to Mar. 03
Enercon (India) Ltd. Mumbai
Position held: Forex Executive
Duties: Hedging the forex and interest rate exposures.
.
Dec. 00 to Dec. 01
Indo Count Industries Ltd. Mumbai
Position held: Manager (Forex)
Duties: Hedging their forex and commodity exposures.
Mar. ' 96 to Nov. 00
Apar Industries Ltd. Mumbai.
Position held: Deputy Manager (Treasury).
Duties: Hedging their forex and commodity exposures.
Oct. ' 95 to Feb.' 96
Sigma Credit & Capital Services (P) Ltd. Mumbai.
Position held: ASSISTANT MANAGER (Forex Advisory Division).
Duties: Responsible for advising importers and exporters on how to hedge their currency exposures.
Aug. ' 89 to July ' 94
Computer Center, Central State University, Edmond, OK, USA.
Resume of Riyaz Millwala Page 2
Position held: MICROLAB OPERATOR
Duties: Responsible for maintaining 30 IBM computers and assisting students in usage of MS-Office and
developing spreadsheet and MIS applications.
Nov. ' 87 to Nov. ' 88
Ronuk Industries. Mumbai.
Position held: ASSISTANT PROJECTS OFFICER
Duties: Performed preliminary planning, designing and cost estimation of surface treatment plants and
effluent treatment plants.
SKILLS
Derivatives, Hedge Fund Administration, Advanced Excel and MS office.
PROFESSIONAL COURSES
Certificate Program in Derivatives Valuation and Risk Analytics
Completed a certificate program in Derivatives Valuation and Risk Analytics conducted by Indian Institute
of Quantitative Finance, Mumbai. Duration: June. 2015 – July 2015.
Certificate Program in Advanced Financial Modeling using MS Excel and VBA Programming.
Completed a certificate program in advanced financial modeling using excel and VBA programming
conducted by Indian Institute of Quantitative Finance, Mumbai. Duration: April 2015 – May 2015.
Derivatives & Volatility Trading: Completed a training programs on “Advanced Strategies in Derivatives
Trading” and “Advanced Strategies on Volatility Trading” conducted by Bombay Stock Exchange Institute
Ltd in May 2012.
SAS, Excel plus & Advanced Analytics: Completed a course in SAS, Excel plus and Advanced Analytics
from Analytics Training Institute, Bangalore. Duration: Dec. 2010 to Feb. 2011.
Certificate in Web Application Programming. NIIT Bombay.
Topics covered: ecommerce concepts and practices, Java programming, UML, Microsoft Front Page and
Implementing a database design using Microsoft SQL Server 7.0. Duration: April 01 to July 01.
Post Graduate Diploma in Foreign Exchange & Risk Management organized by World Trade Center,
Bombay affiliated to World Trade Center, New York. Duration: Six months.
Derivatives & Risk Management: Participated in a 2 days’ workshop organized by A.V. Rajwade & Co.
and Prebon Yamane (I) Ltd., covering topics like options, swaps, FRAs etc. to hedge against foreign
exchange and interest rate risks.
ACHIEVEMENTS
Set up the OTC dept. at GlobeOp Financial Services (India) Pvt. Ltd. from scratch. Migrated work from
US/UK, interviewed new recruits, trained them, allocated work to them and monitored their daily
performance.
Set up a program using MS Excel to mark to market the real time profit/loss position of the foreign
currency exposures.
PERSONAL
Date of birth: June 10, 1965; Domicile: Mumbai; Marital Status: Married.
Visa Status: Holder of US Business visa, valid up to: April 15, 2018
Resume of Riyaz Millwala Page 3
WEBSITE
http://in.linkedin.com/in/rmillwala
Resume of Riyaz Millwala Page 4

RiyazMillwalaCV

  • 1.
    Riyaz H. Millwala Natraj101, 2nd Hasanabad Lane Santa Cruz West, Mumbai 400054 Mobile: 9821112258 / 9867334596 / 9833709197 / 9870722786 e-mail: rmillwala@yahoo.com OBJECTIVE Managerial Role in an organisation. SUMMARY I have 17 years’ experience in the finance industry in treasury front office and in managing the back office operations for various hedge fund administrators such as Spectrum Fund Administrators & GlobeOp Financial Services which is among the top ten fund administrators in the world. I have also worked in the IT field as a domain consultant leveraging my knowledge of the different processes used in hedge fund back office namely pricing & valuation, trade entry, documentation, reconciliation, trade support and collateral management for financial derivatives. Currently I am working as a freelance trainer for Treasury products. Recently I have conducted training workshops on varied topics such as Financial derivatives including listed & exchange traded derivatives, Swaps, Foreign Exchange Markets, Commodity Markets, Money Markets, FX forwards, Futures & Options, Collateral management and Financial Research & Report Writing. My clients include online learning institutes, investment banks, IT firms, online training institutes and stock exchanges. EDUCATION Jan. ' 89 to May ' 91 Central State University, Edmond, OK 73034, USA Masters in Business Administration. Major: Finance. GPA=3.69/4.00 Project: Research Project on Bank Marketing. Evaluated customer's requirements and satisfaction levels from their existing banks. Sep. ' 82 to Feb. ' 87 Siddaganga Institute of Technology, Bangalore University, India. B. E. (Chemical Engineering). EXPERIENCE Mar. 11 to Present Self Employed. Mumbai Position held: Freelance Trainer Duties: Conducting training classes on treasury products and how to trade in futures & options. Trading in the nifty futures & options market and in the currency markets. July 09 to Feb. 11 Deutsche Bank. Bangalore Position held: Asst. Vice President (IB IT – Derivative Projects) Duties: Managed the business analysts of the vendor team to ensure the business/functional requirements and timelines of derivatives projects are met. June 07 to Jun. 09 Satyam Computers. Mumbai Position held: Consultant (Hedge Fund Industry Domain) Duties: In charge of a 10-member team of business analysts being the interface between the client and the software developers team. Resume of Riyaz Millwala Page 1
  • 2.
    Sep. 06 toMay 07 ABN Amro Central Enterprise Services (ACES). Mumbai Position held: Asst. Vice President (Derivatives Documentation) Duties: In charge of a 50-member team handling derivatives documentation as per ISDA guidelines. Dec. 05 to Aug. 06 Spectrum Global Fund Administrators Pvt. Ltd. Bangalore Position held: Manager (Fund Operations.) Duties: In charge of a 10-member team handling derivatives documentation as per ISDA guidelines and reconciliation of OTC trades. Nov. 03 to Nov. 05 GlobeOp Financial Services (India) Pvt. Ltd. Mumbai Position held: Manager (OTC - Derivatives Dept.) Duties: Initiated the setting up of the OTC department and was in charge of a 70-member team handling the back office work for over a 100 hedge funds. My tasks included: • Managing a team of 50 members involved in o ISDA documentation o Pricing of OTC derivatives such as IRS, CDS, FRAs, Swaptions, Equity Swaps, etc. o Reconciliation o Collateral management o Trade support . Apr. 03 to Nov. 03 PricewaterhouseCoopers (P)Ltd. Mumbai Position held: Assistant Manager (Financial Risk Management Division) Duties: Assisted and advised clients on how to manage their financial risks which included – Currency, Commodity and Interest rate risks. Jan. 02 to Mar. 03 Enercon (India) Ltd. Mumbai Position held: Forex Executive Duties: Hedging the forex and interest rate exposures. . Dec. 00 to Dec. 01 Indo Count Industries Ltd. Mumbai Position held: Manager (Forex) Duties: Hedging their forex and commodity exposures. Mar. ' 96 to Nov. 00 Apar Industries Ltd. Mumbai. Position held: Deputy Manager (Treasury). Duties: Hedging their forex and commodity exposures. Oct. ' 95 to Feb.' 96 Sigma Credit & Capital Services (P) Ltd. Mumbai. Position held: ASSISTANT MANAGER (Forex Advisory Division). Duties: Responsible for advising importers and exporters on how to hedge their currency exposures. Aug. ' 89 to July ' 94 Computer Center, Central State University, Edmond, OK, USA. Resume of Riyaz Millwala Page 2
  • 3.
    Position held: MICROLABOPERATOR Duties: Responsible for maintaining 30 IBM computers and assisting students in usage of MS-Office and developing spreadsheet and MIS applications. Nov. ' 87 to Nov. ' 88 Ronuk Industries. Mumbai. Position held: ASSISTANT PROJECTS OFFICER Duties: Performed preliminary planning, designing and cost estimation of surface treatment plants and effluent treatment plants. SKILLS Derivatives, Hedge Fund Administration, Advanced Excel and MS office. PROFESSIONAL COURSES Certificate Program in Derivatives Valuation and Risk Analytics Completed a certificate program in Derivatives Valuation and Risk Analytics conducted by Indian Institute of Quantitative Finance, Mumbai. Duration: June. 2015 – July 2015. Certificate Program in Advanced Financial Modeling using MS Excel and VBA Programming. Completed a certificate program in advanced financial modeling using excel and VBA programming conducted by Indian Institute of Quantitative Finance, Mumbai. Duration: April 2015 – May 2015. Derivatives & Volatility Trading: Completed a training programs on “Advanced Strategies in Derivatives Trading” and “Advanced Strategies on Volatility Trading” conducted by Bombay Stock Exchange Institute Ltd in May 2012. SAS, Excel plus & Advanced Analytics: Completed a course in SAS, Excel plus and Advanced Analytics from Analytics Training Institute, Bangalore. Duration: Dec. 2010 to Feb. 2011. Certificate in Web Application Programming. NIIT Bombay. Topics covered: ecommerce concepts and practices, Java programming, UML, Microsoft Front Page and Implementing a database design using Microsoft SQL Server 7.0. Duration: April 01 to July 01. Post Graduate Diploma in Foreign Exchange & Risk Management organized by World Trade Center, Bombay affiliated to World Trade Center, New York. Duration: Six months. Derivatives & Risk Management: Participated in a 2 days’ workshop organized by A.V. Rajwade & Co. and Prebon Yamane (I) Ltd., covering topics like options, swaps, FRAs etc. to hedge against foreign exchange and interest rate risks. ACHIEVEMENTS Set up the OTC dept. at GlobeOp Financial Services (India) Pvt. Ltd. from scratch. Migrated work from US/UK, interviewed new recruits, trained them, allocated work to them and monitored their daily performance. Set up a program using MS Excel to mark to market the real time profit/loss position of the foreign currency exposures. PERSONAL Date of birth: June 10, 1965; Domicile: Mumbai; Marital Status: Married. Visa Status: Holder of US Business visa, valid up to: April 15, 2018 Resume of Riyaz Millwala Page 3
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