Divanshu Khurana

Work Experience
Moody’s Analytics, Gurgaon April '18 – Present
Associate
Roles & Responsibilities
 Creating market updates / newsletters including commentary, trading levels, recent issuances update, major economic events
 Developed financial models to analyse the capital positioning of the firm to identify acquisition targets, financing & underwriting
opportunities
 Developed models to provide indicative credit ratings to the companies
 Produce extensive company and industry analysis, company overviews, market outlook, debt maturity profiles, investor feedbacks and
expectations, market trends including M&As, refinancing, re-pricing etc
 Interact with Senior Bankers on deal execution and information requests and support ongoing business development efforts, including
target identification and development of general industry expertise
Clavileno Capital, Ahmedabad November '14 – March '16 (17 Months)
Market Analyst
Roles & Responsibilities
 Traded Short Sterling, Euroswiss, Brazilian Interest Rates, UK 10-yr, German 2-yr, 5-yr, 10-yr Bond Futures on ICE, CME and Eurex
 Formulated and implemented intra-day trading strategies in Fixed Income based on price patterns and other technical indicators
 Led recruitment across 3 IIT‟s for around 1600 applicants for the role of junior trader and ideated a 4 month training for them
 Analysed micro & macro fundamentals of global Fixed Income Markets and conducted research using tools like Bloomberg, Reuters
Key Learnings and Achievements
 Generated 88% returns in 2015 with a Sharpe Ratio of 5.17 (σ of 17%) with gross profit on more than 90% of 230 trading days
1

Futures First, Gurgaon July '13 – January '14 (6 Months)

Derivatives Analyst
Roles & Responsibilities
 Deployed the firm’s capital in global Short Term Interest Rate futures markets on ICE & Eurex and generated risk adjusted returns
 Analysed major economic data and events and its impact on Derivatives Contracts and responsible for conducting the research in FI
 Speculate the direction of fair price of Futures Contracts using various technical and fundamental indicators and techniques for analysis
Summer Internship
PricewaterhouseCoopers India Pvt. Ltd. April '17 – May '17 (8 Weeks)
Title: Research study on Aviation Turbine Fuel
Description:
 Analysed the supply pattern of ATF by all refineries in India and the demand pattern of major Indian Airlines.
 Analysed the pricing structure of ATF in India and the major factors controlling its cost including taxes, pricing principle, etc.
 Developed an optimization model for the fuelling of ATF by Airlines considering the Air Traffic Movements at major airports.
Education
Year Qualification Institute CGPA/ %
2018 PGPM MDI Gurgaon, Gurgaon 6.15/10
2013 B.Tech. (Civil) Indian Institute of Technology Roorkee, Roorkee 69.81
2009 XII, CBSE St. Francis Xavier School, Hisar 80.40
2007 X, ICSE St. Kabir‟s School, Hisar 91.60
Exchange Program: Munich Business School, Munich, Germany September '17 – November '17 (4 Months)
Key Courses: Introduction to Bank Management, Gamification for Entrepreneurs
 Secured AIR 1949 in IIT-JEE among 3,84,977 candidates and AIR 865 in AIEEE among approximately 10 lac candidates 2009
 Secured AIR 1/10,000+ in the National Science Talent Hunt Competition organised by the Aakash Institute 2007
Professional Certifications
 Cleared CFA Level 3 (Chartered Financial Analyst) conducted by the CFA Institute, USA scoring >70% in 7/10 subjects 2017
 FRM Level 2 Candidate (Financial Risk Manager) November „18 conducted by GARP, USA 2017
Position of Responsibility
 Junior Security Analyst, Unnati Investment Management and Research Group 2016 – 17
MDI Gurgaon • Analyzing the Indian Shipping, Aviation, Tourism & Logistics sector and prepare monthly
sector reports; provide monthly stock recommendations and publish monthly NAV sheet

 Member, Student’s Affair Council (SAC) 2011 – 12

IIT Roorkee • Got elected as part of 9 member student council and efficiently managed students‟ affairs
Extra Curricular Activities
 Secured 2nd position, Maths Genii – the biggest maths quizzing competition among IITs with a participation of 30+ teams 2012
 Won the crown of “UG Snooker Champion” in a university level competition at IIT Roorkee 2013
 Represented Team India at the World Series of Poker finishing 6th at WSOP Europe, Czech Republic 2017

Email: imdivanshu@gmail.com | Contact: +91-7500327896