Nidhi Agarwal

Head of Model Risk at Virgin Money

Speaker

Nidhi Agarwal is the Head of Model Risk at Virgin Money. In this role, she is responsible for the management of model risk arising from all the models and quantitative methods used in Virgin Money.

Prior to joining Virgin Money, Nidhi was at HSBC for more than 12 years, more recently as the Global Head of Model Risk Evaluation and Oversight. Her role encompassed credit risk models for capital and credit risk measurement purposes (e.g. PDs / LGD / EAD model, early warning systems) as well as macroeconomic scenario models, IFRS9 models and credit stress testing models addressing regulatory and capital planning requirements covering HSBC's wholesale portfolio. Nidhi has a double Masters degree in Mathematics from the Universities of Delhi and Warwick.

Aside from work, Nidhi runs a UK registered charity working towards the rehabilitation of street children and has authored the award winning novel called "Life Simply Moves On"