Head of Data Governance
Resume:
Premachandra, Indrajith * of *
Indrajith Premachandra
Master Data Management Risk Management Data Science New York, NY
*********.************@*****.***
www.linkedin.com/in/indrajith1
Executive Profile
Enterprise Master Data Management and Risk Management professional with seventeen years of expertise in Credit, Operations and Regulatory Risk initiatives in the Financial Services and Banking sector. Strong quantitative analytics background with a robust technical foundation in statistical programming languages, visual analytics, quantitative modeling, forecasting and predictive analytics. Strong leadership and project management expertise in executing global data governance endeavors, building largescale data analytics platforms, overseeing data quality initiatives, creating cybersecurity risk assessments and technology risk assessments. Seeking a senior leadership role for a progressive organization with room for personal and professional growth.
Professional Skillset
Business Intelligence & Analytics Leadership & Management Quantitative Modeling Compliance Risk Assessments Master Data Management Risk & Control Self-Assessments DFS 504 and BCBS 239 SME Model Risk Management Strategy & Coordination Data Governance Project Management Six Sigma Lean
Data Science Program Governance Technology Risk Assessments Enterprise Risk Management Quantitative Forecasting Visual Analytics Technical Skillset
Actimize Oracle Business Intelligence (OBI) SAS
Archer PowerPoint SQL
Excel Python Tableau
Informatica / SSIS / DataStage QlikView VBA
MS Project R Visio
Education
Columbia University, School of Engineering
New York, NY
Executive Certificate in Data Sciences
New York University, Stern School of Business
New York, NY
Masters of Science in Finance
with a specialization in Risk Management
Pace University, Lubin School of Business
New York, NY
Bachelors of Science in Business Administration
Work Experience
China Construction Bank NY Branch
New York, NY
FVP Head of Data Governance for
Compliance
May 2020 - Present
• Created the firmwide Data Governance, Data Architecture and Data Quality Framework by working with internal stakeholders to define the overall data vision, data roadmap, policies and procedures, control governance framework and establish a solid feedback loop to escalate issue through the Data Governance Forum.
• Led a team responsible for the strategy, definition and enforcement of consistent governance of data across all decision engines, platforms and data initiatives, leading the effective management of data in collaboration with CCBNY Branch and Headquarters.
• Populated and manage the CCBNY Compliance Productivity Tool, and production of related MIS reports. Work with team members and key stakeholders to develop appropriate metrics, manage metrics inventory, and deliver relevant and accurate data to identify, mitigate and manage money laundering, terrorist financing and Sanctions risks.
• Assisted the AML Group’s period risk assessments through the analysis of data elements related to potential indicators of customer, product or geographic risk, evaluating and enhancing the AML Group’s risk rating methodologies and identifying new quantitative factors that can be incorporated into the risk assessment
• Developed and facilitated the remediation of Action Plan items, related to DFS 504 Model Validation, Tuning Review, and Internal Audit/Examinations, as relevant to Bank’s Compliance systems. Assist the CCO and Compliance function leads in maintaining and enhancing policies and procedures related to DFS 504, by facilitating and documenting updates to the Branch’s Transaction Monitoring, Filtering and CRR Systems, and relevant policies/procedures Premachandra, Indrajith 2 of 3
Deutsche Bank AG
New York, NY
VP Risk Assessments, Data Analytics
& Data Governance for AFC
January 2019 – May 2020
• Chaired the AFC Data Governance Steering Committee; lead and support Deutsche Bank’s Data Governance initiatives by capturing, compiling and documenting Data Governance policies, procedures, best practices and recommendations created during Data Governance working group meetings. Assist in developing and implementing metadata standards as it related to Data Governance to ensure accuracy and completeness of daily published metadata, with the goal of enhancing DFS rule 504 and 500 initiatives aimed at ensuring consistency across data platforms.
• Responsible for managing the Anti-Financial Crime (AFC) Data Analytics team, enhancing and updating the BSA/AML, OFAC, KYC and Sanctions Risk Assessment Methodology, the development of the annual Risk Assessment plan, executing and documenting the data- driven Risk Assessment with supporting documentation and reporting the results to senior leadership.
• Created the quantitative methodology as part of the 2018/2019 AFC Risk Assessment cycle which included the capture of all Customer, Product, Geography and Emerging Risk Data, the creation of the appropriate AML/Sanction weightings, the evaluation of the Control Assessment questionnaire and the aggregation of all the information utilizing R.
• Assisted in the analysis and the qualitative write-up of the Inherent Risk, Control Effectiveness, Residual Risk and perform a critical review of businesses and CUSO mitigating controls for BSA/AML and Sanctions (Controls, Policy, Procedures, Systems and Governance).
• Created a standardized reporting platform (primarily consisting of KPI and KRI reports) to address all AFC reporting and analytics needs by utilizing multiple software tools (R, SQL, Tableau, SAS) and working directly with business heads. Commerzbank AG
New York, NY
VP Strategic Projects & Data
Analytics for Compliance
December 2015 – January 2019
• Established a comprehensive global data governance framework in adherence with NYDFS Rule 504, NYDFS Rule 500, and, BCBS Rule 239. Lead and support Commerzbank’s Data Governance initiatives by capturing, compiling and documenting Data Governance policies, procedures, best practices and recommendations by engaging with various stakeholders and business heads. Assisted in developing and implementing metadata standards as it related to Data Governance to ensure accuracy and completeness of daily published metadata on all Compliance tools and platforms.
• Managed the execution of the BSA AML/Sanctions, Anti-Bribery Corruption Risk Assessment for the Americas and conducted the Global OFAC Risk Assessment for four consecutive cycles. Assisted in creating the quantitative Risk Assessment methodology and conducted the data-driven analysis and qualitative write-up of the Inherent Risk, Control Effectiveness, Residual Risk and perform a critical review of businesses and CUSO mitigating controls for BSA/AML and Sanctions (Controls, Policy, Procedures, Systems and Governance).
• Created the NY Trade Surveillance platform, an SQL/OBI based in-house tool which; assisted the Markets Compliance Team to surveil all trading activity via an established rules/scenario matrix, conduct surveillance reviews and to identify potential risks for the firm and escalated matters to designated managers, legal representatives and product coverage areas as appropriate. Created the NY Data Warehouse in conjunction to this endeavor and centralized all Customer and Transactional data into a centralized repository.
• Conducted all Compliance data analytics, including, but not limited to; the analysis of payment systems and transactions types and the synchronization of Actimize, the analysis of transaction geography and country information, the fine-tuning (A/B Testing), the creation of various business-line KPIs and KRIs, warehousing and creation of a customer database and analysis of Actimize and SWIFT databases. Created a standardized report repository utilized SQL/Tableau Server and created various ad-hoc reports and analysis to satisfy various business and regulatory needs.
Financial Industry Regulatory
Authority (FINRA)
New York, NY
Senior Operations Risk Analyst
(Consultant) for The Office of Risk
August 2014 – December 2015
• Created a firm-wide Operations Risk platform to evaluate systems, processes, personnel and external threats, drove the implementation of a standardized Operations Risk Framework, ensured that proper oversight and governance is in place in all key operations functions at FINRA.
• Worked closely with all internal business lines and stakeholders to oversee and support the front line in implementing requisite controls, processes, and systems to comply with corporate operational risk frameworks, policies, and procedures. Maintained, enhanced and developed an enterprise-wide operational risk framework, policies, procedures and guidelines.
• Conducted the FINRA Risk and Control Self-Assessment (RCSA) on an annual basis, built a quantitative model utilizing R Studio to evaluate controls of individual Broker-Dealers and used predictive analytics to identify inherent and emerging risk issues that aided the FINRA Annual Priorities Letter.
• Worked closely with the Technology Risk Group to create a comprehensive Cybersecurity Risk Framework in adherence with ISO 27001 standards, which included, the creation of the Third Party Vendor Risk Report, the implementation of the infosec questionnaire to evaluate high inherent risk services offered by FINRA, the creation of the Risk Review Committee and the Risk Governance Steering Committee and the implementation of the policies, procedures and guidelines.
• Utilized R, SAS, SQL and Tableau to create quantitative analysis, reports and risk forecasting to senior management. Created a registered broker-dealer repository that was enabled by a quantitative model to evaluate a given broker’s risk index based on several factors including expertise, education, age, licenses and proximity to geography-based risk factors (money laundering, terrorist financing, elder abuse, etc.)
Premachandra, Indrajith 3 of 3
Prospect Mortgage LLC
Sherman Oaks, CA
AVP Enterprise Data Risk & Analytics
for The Chief Credit Risk Officer
April 2012 – August 2014
• Leveraged data-driven insights to build credit/lending strategy, create underwriting policies and procedure and to meet all regulatory expectations. Managed the CRO Data Analytics team, built a repository of standardized reports (SQL, Tableau Server and Excel); KPIs, KRIs, CCAR (Stress Testing), Loss Mitigation, Portfolio Analysis, Imminent Default and various other analysis for Senior Leadership and Board of Directors.
• Created the Underwriting Credit Risk Matrix in conjunction with IT (Hadoop based implementation); an automated software tool that housed a repository of applicable laws by region/jurisdiction, available mortgage product (both Government and Private), built in calculation models (DTI, LTV, CLTV, etc.), credit reports, and generated a result in a matter of minutes. The tool also created applicable mortgage documents, credit denial letters and standardized the overall business process within the firm.
• Developed and managed an ongoing technology risk program as part of the overall ERM Program with the purpose of providing assurance that enterprise wide technology risks (Information Security and Cybersecurity) are effectively managed (identifying, measuring, mitigating, monitoring, reporting) and were within industry risk appetite.
• Reconciled credit risk data stored in between various upstream systems and the warehouse for monthly Credit Risk Report creation support, played a liaison role between the credit risk team and IT for new business requirements, ensuring efficiency and transparency, as well as for enhancement of existing reports or workflows and provided support on a number of projects (e.g. CECL) in terms of infrastructure building focused on credit risk related data or information.
• Supported the creation and maintenance of automated monitoring tools, conducting SQL-based analysis to identify the appropriate parameters to target risk as surgically as possible. Collaborated closely with the Market Risk Manager to stay on top of shifting trends and emerging risks, conducting analysis to support the evolution of controls to mitigate risk within the core mortgage banking portfolio.
Bank of America Home Loans
Calabasas, CA
Operations Project Risk Analyst for
the Correspondent Lending Division
March 2011 – April 2012
• Managed all business improvement programs, sales initiatives, cost management, and regulatory change projects for the Correspondent Lending Division at Bank of America. Defined the scope and objectives of the given projects, assisted with the relationship management including onboarding, process and approvals, and provided all data/visual analytic support to various cross- functions (Finance, Operations, Technology and Risk Management).
• Spearheaded the landmark critical defect project, “Sprint to 6”, which aimed at reducing the critical defect absorption (Default Risk) rate via correspondent channels by creating new underwriting standards, re-writing existing policies and procedures, updating service level agreements, de-risking high-risk correspondents and initiating the re-purchase of toxic assets. The project successfully lowered the default portfolio from 32% toxic assets to well below 6%.
• Worked closely with the Warehouse Credit Lending team to monitor the credit portfolio and create quantitative metrics, KPIs and analysis to demonstrate that Bank of America was within an acceptable reserve threshold from both a regulatory and internal governance perspective.
• Achieved operational objectives by contributing information and recommendations to strategic plans and reviews. Prepared and completed action plans. Implemented production, productivity, quality, and customer-service standards. Resolved problems, completes audits, identifies trends, determines system improvements, and implements change. Enhanced department and organization reputation by accepting ownership for accomplishing new and different requests and exploring opportunities to add value to job accomplishments.
• Created Senior Management and Board Reports utilizing MS Project, Visio and SAS; conducted in-depth market risk analysis to identify the salability of the secondary market mortgage portfolio, created correspondent financial forecasts and analysis to indicate the strength of the given correspondent channels and created several quantitative warehouse credit lending metrics and statistics. Prior Work Experience (details available upon request) JP Morgan Chase
Chatsworth, CA
Senior Credit Analyst for The Loss
Mitigation and Imminent Default
Division
September 2008 – March 2011
Countrywide Home Loans
Simi Valley, CA
Junior Financial Analyst for The
Capital Budgets and Analytics Team
June 2005 – August 2008
GE Consumer Finance
Burbank, CA
Junior Residential Underwriter for
The Mortgage Originations Team
September 2003 – June 2005
Currently in Progress
Data Governance Stewardship Professional (DGSP)
Anticipated Completion Date: January 2021
Project Management Professional (PMP) Anticipated Completion Date: May 2021
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