Prashant Tiwari, CFA
Risk Modelling Principal Analyst - Stress Testing and Climate Models
Edinburgh, Scotland, United Kingdom
Professional Overview
Prashant Tiwari is a highly accomplished risk modelling professional with a strong expertise in stress testing, climate risk analysis, and economic capital modelling. As the Risk Modelling Principal Analyst at NatWest Group, he plays a pivotal role in driving the bank's strategic risk management initiatives, with a particular focus on evaluating the impact of climate change and economic volatility on the organization's financial stability.
Experience Summary
Current Role
In his current position as the Risk Modelling Principal Analyst - Stress Testing and Climate Models at NatWest Group, Prashant is responsible for developing and implementing advanced risk models to assess the bank's exposure to various economic and environmental scenarios. He leads a team of analysts in designing and calibrating stress testing frameworks, which enable the organization to proactively identify and mitigate potential threats to its financial performance. Prashant's work has been instrumental in shaping the bank's climate risk strategy, helping to align its portfolio with sustainability goals and regulatory requirements.
Career Progression
Prior to his current role, Prashant held several other positions within NatWest Group, demonstrating a consistent track record of growth and increasing responsibilities. As the Risk Modelling Lead Analyst - Economic Capital Models, he was instrumental in enhancing the bank's economic capital management practices, driving improvements in capital adequacy and risk-based decision-making. Earlier in his career, he served as a Quant Associate, where he made significant contributions to the development of IFRS9 models, further strengthening the bank's financial reporting and regulatory compliance capabilities.
Outside of NatWest Group, Prashant gained valuable experience as an Analytics Manager at GenY Medium, where he applied his statistical expertise to support business strategy and data-driven decision-making.
Academic Background
Prashant holds a Master's degree in Statistics from the National Institute of Technology (NIT) Rourkela, where he excelled as a Statistician and completed a highly acclaimed Masters project. His academic achievements, combined with his professional certifications, such as the Chartered Financial Analyst (CFA) designation, demonstrate his commitment to continuous learning and his dedication to the field of risk management.
Areas of Expertise
- Stress testing and scenario analysis
- Climate risk modelling and assessment
- Economic capital modelling and optimization
- IFRS9 and regulatory reporting
- Statistical analysis and quantitative methods
- Leadership and team management
Professional Impact
Prashant's contributions have had a significant impact on the risk management practices at NatWest Group. His innovative approaches to stress testing and climate risk analysis have enabled the bank to better understand and mitigate emerging threats, positioning it as an industry leader in sustainable finance. Moreover, his work in enhancing the bank's economic capital models has resulted in improved capital adequacy and more informed strategic decision-making.
Conclusion
With his exceptional technical expertise, deep industry knowledge, and proven track record of delivering impactful results, Prashant Tiwari is a highly valuable asset to the risk management field. As he continues to drive forward NatWest Group's strategic risk initiatives, he is poised to make further significant contributions to the banking industry and the broader financial ecosystem.
