Irfan Surti

Lead rating analyst for structured finance RMBS transactions.

Supporting core funding and liquidity functions of the bank, including Treasury, Capital Planning and Capital Markets with balance sheet cash flow forecasting and the modelling and valuation of RMBS transactions, investment instruments and loan portfolios. - Appraising the purchase of wholesale mortgage backed loan portfolios, establishing the most cost-efficient funding plan using available retail, capital and Bank of England funding options, to achieve required ROE targets and bid prices - Maintaining macro-economic and stress framework assumptions within the bank’s core models - Validating internal portfolio valuation cash-flow model, rationalising and documenting assumptions and outputs of test pools - Monitoring and reporting the additional capital requirements for the assets held on balance sheet in the event of a Pillar 2a and 2b economic stress event, part of the annual regulatory reporting requirements of the ‘Internal Capital Adequacy Assessment Process’ (ICAAP) - Building detailed test routine for validating Fitch, S&P, Moody’s and Bank of England data tapes

From initial review to developing and ongoing maintenance, support of RMBS, CMBS and ABS transactions, within the scope and remit of being the calculation agent and cash manager - Developed and maintained structured transaction models and reports according to legal documentation and client specification - Diverse ranging experience of regular client meetings, legal documentation reviews, deal on boarding within data management interface, stress testing and modelling deals, QA analysis, training reporting group and maintaining live deals, such as deal restructures and note issuances

Developing and maintaining ABS/MBS/RMBS/CMBS models and reports according to legal documentation and client specification. -Extracted reporting requirements while scrutinising deal documents. Highlighted any issues identified such as circular references, double discounting and manifest errors to transaction management group in order for documentation to be re-evaluated and amended -Automated interest and principal waterfall payment flows in Microsoft Excel using advanced formulae and in ASAP Orion using proprietary coding language -Completed multiple major deal restructures on existing deal models -Created and presented simplified step by step procedure guides for running and managing deals -Accompanied relationship managers on client calls as modelling SME, improving client services -Analysed diligently (QA) the modelling of the team, resulting in zero post implementation issues

Extracted reporting requirements from deal documentation and created CDO/CLO/CBO models. Resolved ad-hoc issues/requests raised by 130+ client relationship managers on a day-to-day basis. -Modelled reports on WSO using SQL, including Portfolio Profile Tests, Net Asset Valuations, Compliance Tests, Rating Agency Reports, Principal and Interest Coverage Tests -Simplified overcomplicated SQL in order to reduce deal report runtime -Adapted numerous deals being migrated from Houston (US) to Dublin (Ireland) to the EMEA reporting requirements methodologies -Successfully assisted in the migration of the CDO Analytics function from London to Wexford (Ireland) by training new staff and providing continuous support for the duration of 3 months

Support for London and Tokyo Trading desks for Correlation, ABS, Loans and Longevity businesses. -Established good working relationships globally with many teams including BAC, Documentation, DTCC, Sales, Euroclear, DTC settlement and other middle office teams -Created daily newly traded curves within the banks Financial Data Repository using data from Bloomberg -Reduced the time taken for trade bookings, by improved communication with the traders with regards the requirements for trade verification, helping to meet the FED targets better -Produced MIS report for senior management for the monitoring of KPIs -Logical and natural problem solving skills displayed in resolving trade breaks regularly

Managed the Rates Business MIS reporting, Backloading & LCH Clearance, and M&A related Trade Migration projects, independently in an exceptionally varied role. MIS Reporting -Produced a comprehensive Global Rates MIS report, weekly for Rates business senior management, for the tracking and transparency of trade KPI and FED target breaches -Monitored and maintained commentary on the progress of individual trade breaks through extensive liaison and follow-up with Rates Flow trade capture teams -Migrated MIS reporting functions off-shore. Trained staff through indirect means of telephone and net meeting sessions over a period of 2 months and continued support thereafter -Assisted the redesign of the weekly MIS report pack as part of the ‘Lean programme’ initiative Backloading & LCH Clearance -Deutsche Bank’s representative for the market leading initiative of bulk Backloading trades to Markitwire, risk-flattened and late LCH cleared trades -Liaised with numerous investment banks in finalising around 15,000 IRS/OIS trade batches to clear to the LCH -Supervised the London Backloading team’s activities, allocated work and received updates Merger & Acquisition Trade Migration Co-ordinator -Co-ordinated and completed 6 trade migration projects consisting of around 6,000 trades -Resolved client alleged discrepancies through in depth analysis of trade documentation

Worked on ‘Change the Bank’ projects for the development of applications for senior management -Coordinated with business specialists and IT department to process change requests for a number of systems. Of particular importance was the success of the finalised interface of the OPAL system – a dashboard displaying the various trade break types across all asset classes for all regions -Maintained a variety of weekly PMO related tasks -Drafted and finalised initial data analysis and business requirement documents -Maintained DBMI system’s UAT environment - migrated files from production to UAT -Co-ordinated and conducted application training demonstrations via video conferencing for MDs