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Achal Premi
Vice President, Franchise Pricing Strat at Deutsche Bank
Professional Background
Achal Premi is a highly accomplished finance professional with a wealth of experience spanning over 5 years in the field of quantitative development and financial engineering. He possesses a deep understanding of Equities Prime Financing, one Delta derivatives, and Equity Swaps. Achal has honed his expertise in statistical arbitrage through market-making strategies in index futures and options, supported by his sophisticated knowledge of low latency trading systems. His proficiency in stochastic calculus and derivatives pricing includes both vanilla and structured products, making him a valuable asset in any financial environment.
Throughout his career, Achal has held several prominent roles at leading global financial institutions. He served as Vice President of Franchise Pricing Strategy at Deutsche Bank, where he was instrumental in developing pricing strategies that optimized the bank's operations. Prior to that, he was a Vice President at Goldman Sachs, where he leveraged his quantitative skills to contribute to mission-critical projects. His journey in the financial industry also includes a position as an Associate at Goldman Sachs, highlighting his progression through the ranks in a competitive field.
Achal began his career as a Quantitative Developer at Actant, where he applied his programming prowess in Python and C++ to develop innovative trading solutions. He also made noteworthy contributions as a high-frequency trader at East India Commodities and as an Implementation Specialist at Numerix. Each of these positions allowed him to deep dive into various aspects of quantitative trading and financial analytics.
In addition to his extensive work history, Achal has been involved with some impressive organizations. His role as a summer intern at IBM Research provided him with a foundational experience that sparked his interest in quantitative finance. His early career began as an Assistant Manager of Analytics at DIMTS Ltd, where his analytical skills were first put to the test, and he later honed these skills during his tenure as a Software Engineer at Oracle.
Education and Achievements
Achal Premi has an exemplary educational background that impeccably complements his professional journey. He pursued a Master's degree in Financial Engineering from Nanyang Technological University in Singapore, a program known for its rigorous approach to quantitative finance. This education was further enhanced by his studies in Computational Finance at the Tepper School of Business, Carnegie Mellon University, one of the top institutions for business and finance.
Prior to his postgraduate education, he earned an Integrated Master of Technology in Mathematics and Computing from the esteemed Indian Institute of Technology, Delhi (IIT Delhi). This prestigious institution is renowned for producing some of the brightest minds in technology and engineering.
In his pursuit of continuous learning and professional development, Achal has also studied for the Chartered Financial Analyst (CFA) level 1 certification at the CFA Institute in the USA and the Financial Risk Manager (FRM) level 1 certification at the Global Association of Risk Professionals. These qualifications reflect his commitment to mastering the complexities of finance and risk management.
Achievements
- Developed and implemented quantitative trading strategies that significantly improved trading performance and enhanced risk management methodologies in various financial roles.
- Contributed to the design and execution of low latency trading systems that optimized execution times and improved overall strategy efficiency in high-frequency trading environments.
- Led teams at major financial institutions to successfully launch new products and improve pricing strategies, working closely with cross-functional teams to achieve organizational objectives.
- Gained significant programming experience in Python and C++, allowing for the simulation and modeling of financial instruments, which has equipped him to deliver on complex financial projects effectively.
- Participated in various financial engineering projects during his time at institutions such as Deutsche Bank and Goldman Sachs, significantly shaping his skill set in statistical modeling and financial time series analysis.
Achal Premi’s blend of technical expertise, impressive roles within major financial institutions, and a robust academic background make him a notable figure in the realm of quantitative finance. His command over diverse programming languages and his adeptness at applying complex financial theories in practical settings truly set him apart as a leader in the financial sector.