CHETNA AHUJA

E-mail: [email protected]| Mobile no: 9654474268| LinkedIn: chetna-ahuja-0676561a0

I have a Master’s in Quantitative Economics from Indian Statistical Institute, Delhi which is acclaimed as the top institution for Economics
and Statistics education in the country. I have gained expertise in complex empirical methods, such as Generalized Linear Models, Panel
Data methods, Time series and Instrumental Variables (IV), which I am currently applying in ongoing academic research along with
practical industry experience through my role in the Development and Model Validation team at UBS.

EDUCATIONAL QUALIFICATIONS
Year Degree/Exam Institution GPA/%
2021 M.S. Quantitative Economics Indian Statistical Institute 75.7 %
2018 B.A.(Hons) Economics Kamala Nehru College, Delhi 7.48 SGPA
2015 CBSE Class XII-Humanities Army Public School, Pune 95.2%
2013 CBSE Class X Delhi Public School, Pune 10/10 CGPA

ACADEMIC RESEARCH
Duration Organization Project Description
/Advisor
• Co-writing a research paper on “Firm shutdown and Relation-specific Investments:
Evidence using cross-country firm-level data”
• Analyzed firm-level panel data using a fixed effects models and found significant
Prof. Kanishka negative impact of customized supply chains on probability of firm shutdown
Aug 2020 – Present Kacker, • Contributing to economic and empirical literature by providing valuable insights into firm
ISI Delhi behavior during crises, with a focus on the 2020 Covid Pandemic.
• Carried out survival analysis along with robustness tests using alternative model
specifications and found results that were consistent with the underlying Industrial
Organization Economics theory
• Co-wrote term paper on “Impact of Government Jobs on application and acceptance
rates of bank loans for rural households”
Prof. Abhiroop
July 2020 • Made use of IHDS panel data to run a Linear Probability Model and ran Probit and
Mukhopadhyay
Logit models as robustness checks, finding the coefficients to be negative and
significant at the 5% level of significance
WORK EXPERIENCES
Duration Organization Project Description
/Advisor
• Working as a Model Developer in the PPNR Model Development team.
• Developing Predictive Revenue models using Time Series analysis to ensure the
PPNR Model model's statistical robustness and fostering accurate predictions of future revenue
September 2023 – Development, trends.
Present UBS Business • Played a pivotal role in automating key aspects of the model development process
Solutions using R, significantly reducing turnaround time and enhancing overall efficiency.
• Prioritized interpretability, translating complex statistical outputs into intuitive business
insights to non-technical stakeholders to facilitate informed decision-making.
• Worked as a Model Validator in the Model Risk Management and Control (MRMC)
team for Asset Management models, applying advanced statistical techniques,
drawing on expertise in econometrics, to rigorously challenge and validate complex
financial models.
• Devised independent testing procedures for a wide range of models to enhance
Asset
accuracy and minimize risk.
Management
February 2022 – August • Developed a thorough understanding of different modelling techniques like Generalized
Model Validation,
2023 Least Squares, Bayesian analysis and Time series analysis and their implementation
UBS Business
to solve problems ranging from asset valuation, portfolio optimization and sustainable
Solutions
investment
• Prepared detailed model validation reports effectively conveying complex ideas and
analyses to stakeholders at all levels within the organization
• Gained leadership skills by leading validation projects and assisted in on-boarding of
new joiners
• Worked as a Management Trainee in the Retail Risk Group of the bank
July 2021 – January • Worked on income imputation models to predict income using EPFO data to develop
ICICI Bank
2022 risk management policies for loan disbursement through digital channels

Technical Skills and Interests