Resume of Shah Rashid

SHAH SARWAR RASHID E-mail: ssrashid@yahoo.com

ACADEMIC ACHIEVEMENT
MS in Business	Iowa State University, Ames, Iowa, USA Graduated in May 2001 Major in Finance
MS in Statistics	Iowa State University, Ames, Iowa, USA Graduated in December 2000 GPA 3.6/4.0 (MS in Statistics and MS in Business combined) List of Courses taken at Iowa State University.
MBA	University of Dhaka, Dhaka, Bangladesh Graduated in 1995 Major in Management Science GPA 3.9/4.0
B.Sc (Civil Engineering)	Bangladesh University of Engineering and Technology, Dhaka, Bangladesh Graduated in 1991 Major in Civil Engineering First Class

RESEARCH WORK

Worked on Bivariate GARCH models on futures and cash prices of agricultural commodities. I assumed that volatility of the time series of cash and futures price is heteroscedastic. I used the time series software RATS to build GARCH (Generalized Autoregressive Conditional Heteroscedasticity) models for calculating the time variant hedge-ratio for Corn and Soybean when hedging cash position by futures.
Worked on pricing of Options on futures with different probability distributions. Developed theoretical approach (using simple integral calculus and avoiding stochastic calculus) and simulation approach in Excel to price options on futures when the futures price has Beta, Gamma, Uniform or Lognormal distribution. I used Lognormal distribution for the validity of my theoretical approach and showed that although I used different approach and have different expression for the price of the option but my formula is a mathematical identity to Black-Scholes formula. I also included all those distributions in the simulation approach to show that, we can price an option using the simulation approach no matter whatever the price distribution of the underlying asset is.

PROFESSIONAL EXPERIENCE

Risk Modeling Manager. May 2011 to present. Harley-Davidson Financial Services, Chicago, Illinois.
Vice President, Risk Manager. April 2010 to May 2011. M & I Bank, Milwaukee, Wisconsin.
Manage risk strategies, TRIAD and economic capital projects for credit card portfolio.
Risk Strategy and Analytics Manager. June 2007 to April 2010. State Farm, Bloomington, Illinois.
Managed risk strategies, TRIAD and risk analytics of financial cards.
Credit Risk/Policy Manager. September 2005 to May 2007. HSBC, Prospect Heights, Illinois.
Work on managing the marketing risk of consumer lending products.
Senior Credit Risk Analyst. March 2002 to September 2005. HSBC, Prospect Heights, Illinois.
Worked on the collections risk analysis of consumer lending products.
Credit Risk Analyst. September 2000 to March 2002. Household International, Prospect Heights, Illinois.
Worked on the risk analysis of Private-Label credit card industry.
Instructor: MM100 (Math for General Education), May Interim 2000. Adjunct Faculty, Marshalltown Community College, Marshalltown, Iowa.
Instructor: Stat227 (Introductory Statistics for Business and Economics), August 1998 to May 1999 and January 2000 to May 2000. Department of Statistics, Iowa State University, Ames, Iowa.
Instructor: Stat201 (Regression Analysis for Business), August 1999 to December 1999. Department of Statistics, Iowa State University, Ames, Iowa.
Instructor: Introductory Statistics, September 1999 to December 1999. Adjunct Faculty, Graceland College, Lamoni, Iowa.
Lab Instructor: Stat401 (Statistical Methods for Research Workers), January 1998 to May 1998. Stat227 (Introductory Statistics for Business and Economics), May 1999 to July 1999. Department of Statistics, Iowa State University, Ames, Iowa.
Research Assistant: College of Business, Iowa State University, Ames, Iowa. August 1996 to May 1998. Assisted professors in various research projects.
Summer Intern: Center for Transportation Research and Education (CTRE), Iowa State University, Ames, Iowa. May 1997 to August 1997. Performed data entry and analysis of time, fuel, and accident savings due to the adoption of Intelligent Transportation System (ITS) by the trucking companies and weigh stations along interstate Advantage I-75.

COMPUTING SKILL

Experienced with the computer languages SAS, SQL, VBA-Excel, VBA-Word, VBA-PowerPoint, C++, FORTRAN, QBASIC, HTML and with the software packages SAS (Mainframe, UNIX, PC), KnowledgeSTUDIO, Answer Tree, DPL, SPSS, RATS, PEST, MINITAB

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Last modified on July 12, 2011.