Summary
Overview
Work History
Education
Skills
Websites
Certification
Timeline
Generic
Amit Srivastava

Amit Srivastava

Pune

Summary

Senior Risk Management professional with over 16 years of expertise in Risk Management, encompassing Risk Assessment and Appetite, Controls Testing, Operational Risk, Regulatory and Risk Reporting, Model Risk, Credit Risk, Stress Testing, Capital Planning, and Stakeholder Management. Proficient in implementing robust risk management frameworks, and delivering in-depth risk assessments to support strategic business objectives.

Overview

16
16
years of professional experience
1
1
Certification

Work History

Vice President - Enterprise Risk Management

Intellect Design Arena Ltd.
Pune
10.2024 - Current
  • Drive operational risk management by embedding risk-aware practices, enhancing incident response, and strengthening controls to mitigate process, technology, and compliance risks.
  • Lead Strategic Risk Control Self-Assessment (RCSA) programs across diverse business verticals, ensuring effective risk controls and comprehensive regulatory compliance for an extensive portfolio of financial products and services.
  • Manage regulatory compliance and submission of Business Responsibility and Sustainability Report (BRSR) to the Securities & Exchange Board of India (SEBI), ensuring adherence to ESG disclosure requirements.
  • Spearheading the comprehensive management of enterprise-wide risk portfolio, encompassing financial, technological, reputational, legal, business, regulatory, compliance, strategic, programmatic, innovation, and operational domains.
  • Coordinate and lead the Board’s Risk Management Committee (RMC) and Audit Committee Meeting (ACM) by setting agendas in collaboration with business leaders, preparing governance committee packs, and ensuring alignment with the organization’s strategic priorities.
  • Oversee Third-party risk management (TPRM) by assessing vendor risks, enforcing due diligence protocols, and enhancing monitoring frameworks to ensure compliance, data security, and business continuity.
  • Oversee and manage comprehensive firm-wide audits across accounting practices, technology systems, human resources, statutory compliance, and sustainability initiatives, ensuring full compliance with regulatory requirements and operational standards.
  • Proactively identify emerging internal and external risks, establish and enhance internal control frameworks, and develop advanced risk reporting mechanisms to reinforce organizational governance and policy safeguards.
  • Perform in-depth risk assessments for multi-country operations and business proposals, ensuring thorough evaluation of country risk, business credit risk, sanctions, geopolitical, and economic risks.
  • Develop and disseminate advanced risk measurement reports, regularly communicating the organization's risk profile and trends to key stakeholders.
  • Oversee the preparation and meticulous documentation of risk assessments and the periodic review and enhancement of standard operating procedures (SOPs), ensuring continuous improvement and compliance.

Vice President - In Business Franchise Risk

Citi India Services Pvt Ltd.
Pune
07.2022 - 06.2024
  • Managed governance and the facilitation of the execution of the Manager Control Assessment (MCA) or Risk & Control Self-Assessment (RCSA) as required by the MCA Standard including the assessment and appropriate approval of risk associated with business changes.
  • Managed monthly reviews to articulate Risk Appetite, Stress Loss usage, and Business planning-related analysis to wider stakeholders, including the Board and senior management, detailing high-level insights and technical specifics.
  • Engaged in firm-wide business planning, ensuring alignment of business growth plans with strategic goals and approved risk limits and monitoring/assessing exposures against enterprise requirements.
  • Contributed to Basel IV impact analysis for retail portfolios, assessing model and data risk implications.
  • Ensured compliance with regulatory reporting requirements, internal review procedures, and all relevant policies including data governance. Conducted independent reviews and challenges of key capital processes, including regulatory reporting.
  • Worked with the Risk MIS team to create credit risk reporting decks and portfolio quality review reports and facilitate ad-hoc reporting as required.
  • Led comprehensive risk assessments on new business initiatives, product launches, and change requests, ensuring compliance with retail risk policies and Basel regulations.
  • Managed team in the quality, completeness, and accuracy of implementing the Control Framework, including Risk Control Policy, Control Standard, Issue Management Policy, and Control Inventory.
  • Assisted in performing a detailed analysis on identifying the issue's root cause, partnering with control and process owners to recommend holistic remediation actions and monitoring, and providing checks and challenges to ensure appropriate escalation according to Issue Management and Escalation Policies.
  • Managed E2E corrective action plans (CAPs) closure, issues & actions, map gap analysis to mitigate regulatory compliance risk, drafting ARCM (Activity, Risk, Controls & Monitor) requirements, and controls monitoring.
  • Managed review/implementation of business change initiatives, prepared BRDs, managed critical milestones for change request implementation, reviewed staging test results (UAT) to assess the impact of business change requests (and model updates), and ensured seamless implementation.
  • Led periodic review of Citi’s retail portfolios' overall Basel Regulatory Models (Risk Parameters and Product Segmentation), including limitation review, remediation, model documentation update, overlays, and change requests as per internal policies.

AVP - Stress Testing and Planning

Risk India Team, Barclays Shared Services
Noida
01.2019 - 06.2022
  • Consolidated and delivered Stress Test Data Framework (STDF) templates in compliance with the Prudential Regulation Authority (PRA) requirements for the Bank of England (BoE) stress tests.
  • Developed and presented analytical presentations, leading discussions with senior management, finance heads, and independent risk departments as part of the business review and challenge process.
  • Managed and delivered risk and regulatory reports (Pillar 3) ensuring comprehensive review and timely submissions.
  • Led end-to-end project management for various stress testing cycles (PRA, EBA, Internal) and managed PRA Returns, ensuring seamless execution and compliance.
  • Supported and shaped business financial strategies, aligning them with group performance guidelines and strategic objectives.
  • Conducted regular risk assessments, stress tests, and scenario analysis to identify potential vulnerabilities and recommended strategic adjustments proactively.
  • Reviewed and challenged model outputs to improve insights on portfolio and macroeconomic trends, enhancing decision-making processes.
  • Prepared and presented detailed risk and status reports to executive leadership highlighting emerging risks and proposing effective mitigation strategies.
  • Developed comprehensive multi-year financial plans, short-term plans, rolling forecasts, and scenario analysis, supporting the organization's strategic priorities and stress testing initiatives.
  • Ensured accuracy and compliance of the firm's internal systems (Oracle Hyperion Planning tool) with approved financial metrics.
  • Facilitated collaboration with finance teams to coordinate annual budgets (STP) and Medium-term planning (MTP), including the multi-year yearly forecast and internal stress tests.
  • Performed thorough data validation and documentation reviews to maintain high standards of accuracy and compliance.

Assistant Manager - Business Performance and Analysis (BP&A)

Risk India Team, Barclays Shared Services
Noida
11.2016 - 12.2018
  • Drove enhancements in performance management by providing actionable insights into underlying drivers of RWA changes, and identifying risks and opportunities related to budget planning. Provided subject matter expertise, guidance, and challenge to Risk and Control Owners.
  • Consolidated and presented key metrics of Capital (EC/EL), RWAs, and Impairments for retail portfolios in the UK, conducting detailed analyses to explain primary drivers for Credit Risk Exposures and engaging in budget discussions with Credit Risk Teams, Finance, Finance Business Partners, and Treasury.
  • Reviewed and critically assessed forecast results and outlooks, ensuring accuracy, and facilitating necessary corrections to maintain integrity in financial reporting.
  • Maintained robust processes for reviewing, challenging, and validating input data for high-profile presentations, including the Group Executive Committee, Monthly Business Review, and Risk Management Committee decks.
  • Produced and delivered comprehensive reports to Risk Executives and senior leaders, preparing detailed presentations and reports based on impairment and RWA data.
  • Supported Personal & Corporate Banking forecasting teams with planning and stress-testing, ensuring effective communication with internal and external stakeholders (Group Risk, Finance, and Treasury).
  • Developed and maintained strong relationships with stakeholders to effectively manage Treasury risk.
  • Managed data loading into the internal database (Essbase), conducted thorough reviews for accuracy, and coordinated approval processes.
  • Ensured strict adherence to governance, risk policies, and compliance protocols.
  • Established and maintained effective working relationships with key stakeholders across various departments, including Credit Risk Exposures Forecasting and Actuals, BP&A Finance Teams, Finance Business Partners, Treasury, and Group Risk.

Assistant Manager - Governance & Control Team

Risk India Team, Barclays Shared Services
Noida
07.2015 - 10.2016
  • Recommended and challenged the Risk and Control Self-Assessment (RCSA) and application for UK retail portfolios.
  • Engaged with various teams within Credit Risk and collaborated cross-functionally with Group Risk and Finance to support the Barclays UK semi-annual and annual results announcement process, including validating and reviewing credit risk metrics.
  • Drove full audit of EUDA policy across Credit Risk teams, EUDA identification and criticality assessment, and developed internal control procedures to ensure adherence to this compliance policy.
  • Managed maintenance and review of the centralized EUDA register, control inventory, and testing outcomes.
  • Drove ISO 270001 audit across Retail portfolio teams with a focus on developing an operational resilience framework.
  • Managed the delivery of regulatory returns in compliance with PRA guidelines, including PCRL and sector-specific reports such as FSA015 and FDSF, while coordinating with Finance to reconcile impairment and capital positions.
  • Supported and facilitated the delivery of capital and impairment attestations.
  • Produced detailed narratives to explain financial figures and movements, enhancing understanding and transparency for stakeholders.
  • Ensured that all activities were conducted in full compliance with regulatory requirements, internal control frameworks, and organizational policies and standards.

Analyst - Group Operational Risk

Control Environment Centre of Excellence (CECoE), Barclays Shared Services
Noida
01.2012 - 06.2015
  • Prepared Risk Control Self-assessments (RCSAs) and executed risk assessments, which involved identifying and analyzing operational risks in the business process.
  • Maintained firm-wide Operational Risk Events and DWBs (Dispensation, Waivers, Breaches) on OPUS (Open Pages Unified System) and ORAC (Operational Risk and Control).
  • Acted as a key liaison for operational risk matters, supporting issue resolution and coordination across functions.
  • Managed risk and control assessment activities and defined Key Performance indicators (KPIs) to identify, assess, and mitigate risks proactively.
  • Managed ORAC (Operational Risk and Control) support and governance activities as planned by Operational Risk Central Services.
  • Prepared detailed and comparative analysis of Risk Events, RCSAs, Issues, and Actions data.
  • Analysed risk events and their financial/non-financial impacts on Business. Reviewed claims and explored any potential recovery opportunities to minimize net losses.
  • Monitored and reported non-compliance actions within business units, identifying and reporting gaps to senior management.

Advisor - Barclaycard Risk Operations

Barclays Shared Services
Noida
06.2010 - 12.2011
  • Prepared and published monthly reports on fraud risk data, reviewed fraud detection fails in the monitoring activities, & assisted in implementing controls to contribute to risk awareness and mitigation strategies.
  • Managed database for various critical reports which helped to find trends and analyze various factors affecting quality levels.
  • Performed short & long-term forecasting and standardized fraud analysis.
  • Investigated, reported, and monitored Barclaycard and partnership product applications to identify fraud trends.

Advisor/Specialist Support

Capital One UK (Concentrix)
Gurgaon
10.2009 - 06.2010

Education

Master of Business Administration (MBA) - Financial Management

ICFAI University
Sikkim, India

Bachelor of Science (BSc) -

Punjab Technical University

Skills

  • Financial services and banking expertise
  • Risk assessment and controls
  • Risk-weighted assets oversight
  • Operational risk management
  • Basel compliance
  • Stress testing methodologies
  • Business planning and analysis
  • Regulatory reporting and risk oversight
  • Credit risk management
  • Governance and compliance controls
  • Conformance testing strategies
  • Cross-functional collaboration
  • Stakeholder engagement
  • Team leadership and development
  • Project management principles
  • Advanced Excel proficiency
  • EssBase Hyperion expertise
  • Apache HIVE knowledge

Certification

  • Operational Risk Manager, PRMIA, https://www.credential.net/ead820a3-b113-488e-815a-b7a0eca2892e

Timeline

Vice President - Enterprise Risk Management

Intellect Design Arena Ltd.
10.2024 - Current

Vice President - In Business Franchise Risk

Citi India Services Pvt Ltd.
07.2022 - 06.2024

AVP - Stress Testing and Planning

Risk India Team, Barclays Shared Services
01.2019 - 06.2022

Assistant Manager - Business Performance and Analysis (BP&A)

Risk India Team, Barclays Shared Services
11.2016 - 12.2018

Assistant Manager - Governance & Control Team

Risk India Team, Barclays Shared Services
07.2015 - 10.2016

Analyst - Group Operational Risk

Control Environment Centre of Excellence (CECoE), Barclays Shared Services
01.2012 - 06.2015

Advisor - Barclaycard Risk Operations

Barclays Shared Services
06.2010 - 12.2011

Advisor/Specialist Support

Capital One UK (Concentrix)
10.2009 - 06.2010

Master of Business Administration (MBA) - Financial Management

ICFAI University

Bachelor of Science (BSc) -

Punjab Technical University

Similar Profiles

CREATE PROFILE
Amit Srivastava