Experiences

I started my first financial market working exposure during my time with Standard Chartered Bank Indonesia, as a Management Trainee for Global Technology and Operations department, in 2008, during my rotation in the Financial Market Operations team. In this assignment, I was assigned to analyze new central bank regulations related to structured products in Indonesia (related to FX accumulator products), update operational guidance, and prepare Excel/VBA-based template/EUC (End User Computing). In this role, I performed analysis related to data from Murex system.

In 2009, I left Indonesia to pursue master degree with quantitative finance specialization in Erasmus Mundus Quantitative Economics Master (QEM) program, with mobility to France (Univ. Paris 1: Panthéon‐Sorbonne, 3 semesters including final year) and Germany (Uni Bielefeld, 1 semester). In my final semester, I did my master thesis with Prof. O. Bokanowski with topic related to the application of semi-Lagrangian discontinuous Galerkin method to exotic option pricing, while employed as a research intern to the grande école ENSTA ParisTech’s UMA applied mathematics laboratory (in the premise of Paris Air Base 117) and LJLL (Laboratoire Jacques-Louis Lions), one of foremost French laboratories in applied mathematics, part of Univ Paris 6: Université Pierre et Marie Curie (UPMC) and Univ Paris 7: Diderot, both famous for their mathematics program. I graduated in 2011 with honor (bien) and went back to Indonesia in mid-2011. Later, I was sponsored back to Paris as visiting researcher to extend my master research to a more general applied mathematics cases where further improvement of the algorithms were made. This time, the research took place also in grande école École Polytechnique’s and INRIA’s joint apllied mathematics laboratory (COMMANDS), in their Palaiseau campus.

Afterwards, I was recruited by Rabobank in 2012 to their Global Product Control team, situated in their global office for finance and risk operations in Utrecht. In this role, I was responsible for structured notes (equity and rates underlying), cash equity, and commodity derivatives trading desks. In this role, aside from trading desks situated in Utrecht, I also interacted with working colleagues from London, Sydney, New York, Hong Kong, and Sao Paolo. The role’s main responsibility was related to P&L production, including P&L attribution process, risk figures and hedging relationship analysis, trade booking and model validation consultation, IT system development test, along with project management business analyst role for trading desks centralization project from Sydney and Sao Paolo location. During this role, I used Sophis Risque (now part of Finastra), SimCorp Dimension, and Oracle PeopleSoft in this position.

After almost 6 years working with Rabobank, I made the move to work with ING Bank NV as Senior Risk Advisor in their Market Risk Management and Product Control (MRMPC), to assist mainly on latest regulatory implementation projects and market risk / product control operational activities, covering subjects on XVA (Credit/Debit/Funding/Collateral/Additional Value Adjustments), FRTB (Fundamental Review of the Trading Book), and BCBS 239 (principles for effective risk data aggregation and risk reporting). In this role, I worked with colleagues mainly situated in Amsterdam, London, Singapore, plus other locations such as Seoul, Warsaw, Brussels, New York, and Taiwan. Since this is a quantitatively intensive role, I also work closely with model validation and financial engineers team in charge of ING’s XVA pricing and risk engine (RaceING). I finished the role by end of 2020.

Current and Past Affiliations