Senior Analyst
Serco Global Services
Total years of experience :9 years, 5 Months
• Rajesh has done financial modelling and analysis of potential acquisition targets and ongoing reporting of operational and financial metrics.
• He has developed detailed cost model to supply, operate and maintain Intelligent Transport Systems and Traffic Management Centre in Abu Dhabi, one of the cities in Middle East
─ Developed outputs from the financial model in the format mandated by the clients, having flexibility for quick update in case of any change in assumptions
─ Involved in all the clarification rounds of the bid including final negotiation and provided various iterations of the submitted price in the client specified format within the specified timeline
• He has performed ad-hoc financial analyses as needed and has worked on various other excel based assignments and model audits.
• Rajesh has worked for a large fixed income trading firm covering retail universe of 25+ companies across Apparels, Consumer, and Food and Drug.
• He has also worked on a pilot project for a leading European bank and prepared a three-pager Credit Report on a telecom company backed with extensive financial modeling.
• He has worked for a leading fixed income trading firm and assisted them in developing short financial models with projections highlighting covenant breach (if any), capital structure, and liquidity analysis.
• Sectors covered: Retail, Auto, and Telecom.
• Rajesh has prepared detailed financial model on banks in UAE, which involved the following: o Identifying key operating drivers/metrics and setting up of a flowing financial model, followed by a price target and investment recommendation.
o Valuation methodology used: DDM and target P/B value using Gordon-growth model.
• Credit modeling
• Rajesh has worked as an FTE with a UK based hedge fund in the domain of high yield/distressed credit analysis. The scope of the project involved the following: o Preparation of detailed financial models of the bond issuers across a variety of industries and analysis of credit issues using multiple parameters
o Examination of the liquidity and solvency position (liquidity, coverage and leverage position) of the issuer after an analysis of the capital structure and credit ratios
• He has worked on various other projects involving an in-depth analysis of companies' financial statements, building models and projections, WACC calculations, benchmarking analysis, sensitivity analysis (industry/financial metrics), etc.
• Performed valuation of companies using Discounted Cash Flow (DCF) and Relative valuation.
• Sectors covered: Chemical, Paper & Packaging, Telecom, Auto, and Retail.
Other Fixed Income Research Projects
• Covenant Analysis: Rajesh has also performed covenant analysis, including analysis of affirmative, negative and financial covenants to analyze the headroom and the flexibility available to the company for raising further debt.
• Recovery Analysis: Identify and analyse distress debt securities of various companies across multiple sectors.
• Credit Models and Memos: The project was aimed at helping the client issue recommendations for trading positions in various high yield bonds and distressed company debts. The scope of work included building financial models and writing credit memos. The major sections of the credit memos included rating rationale, risks, business and industry description, capital structure analysis and credit metrics analysis (leverage, liquidity and coverage)
• Credit Profiles: The project aimed at preparing credit profiles with a special focus on the debt structure. The scope of work included providing details on the debt structure, listing debt as per the ranking and looking into the maturity profile of the debt. It also required the maintenance of the credits covered on an on-going basis.
• Fixed Income Database Application: Rajesh also played a key role as a team member in developing and testing (Unit Testing & Integration Testing) of Fixed Income Database Application for one of hedge fund client based in London; Application is currently installed in client's London office.
• Comparable Companies Analysis: He has got an expertise in developing trading comps for various sectors like Chemicals, Retail, Paper & Packaging, Auto and Telecom highlighting the financial metrics, operating metrics which help the traders in making right investment decisions.
• Transaction Precedent Analysis: Rajesh has developed transaction comps for various sectors highlighting valuation multiples which helps investors in targeting companies at reasonable multiples.
• Corporate Finance (Project Appraisal): As a part of his role, Rajesh performed the following:
• Detailed project appraisal on financial feasibility and technical feasibility (with the assistance from the technical team) of the projects,
• Provided in-depth investment analysis and business assessment to assist in the capital budgeting decisions for various projects using capital budgeting tools like NPV, IRR, and • Prepared investment presentations for Private Equity Investors / Venture Capitalists to attract equity investments in the company.
• Managed individual client investment portfolios including mutual funds, insurance and postal savings of up to INR 10 million
• Responsible for consumer banking services and marketing investment opportunities through various channels to prospective clients
• Managed HNI client investment portfolios including mutual funds, insurance, postal savings and RBI Relief Bonds
• Personalized attention to portfolio by keeping continuous track and suggesting them with the changes in asset allocation
• Streamlined the process by designing the portfolio tracker which helped in increasing the business
• Assisted in floating Rights issue of Cybermate Infotech Ltd
Completed MBA (Fin) in 2004 with specialization in Investment Banking & Financial Services, Security Analysis, Financial Management
Completed B.Com (H) in 2000 with specialization in accounts
