Bijay Das
Bangalore
Summary
Experienced Risk & Regulatory Governance Leader with 18 years in developing global risk frameworks and governance models for multinational financial services. Expertise includes regulatory compliance, enterprise risk management, and large-scale risk transformation aligned with ISO 31000. Proven success in establishing and scaling risk organizations, leading control assurance programs, and enhancing operational efficiency through AI-enabled risk automation.
Overview
20
20
years of professional experience
Work History
Vice President/Senior Manager, Corporate Risk
Wells Fargo
06.2023 - Current
- Spearheaded enterprise-wide regulatory and risk governance for Wealth & Investment, Customer Remediation Validation, Cards, and Mortgage businesses within the GCC operating model.
- Fortified Operational and Non-Financial Risk (NFR) frameworks by aligning RCSA, issue management, and control testing with evolving regulatory expectations including TPRM, vendor due diligence, change management and technology adoption process. Impact: Reduced audit and regulatory issues through proactive risk identification. Improved control effectiveness and governance maturity across GCC operations.
- Delivered executive-level governance and risk reporting for senior leadership and risk committees.
- Collaborated across 1st and 2nd Line of Défense to embed strong regulatory risk culture and compliance discipline.
- Presented enterprise-wide risk dashboard to enhance visibility and decision-making.
- Partnered with functional and regulatory leadership to achieve strategic alignment.
- Managed banking operations within GCC region
Senior Manager, Global Risk Services
Standard Chartered Bank
09.2018 - 06.2023
- Engineered and transitioned global Control Assurance and Risk Assessment activities across 24 countries into the India GCC, establishing a centralized team that attained 100% SLA/KPI adherence and achieved 60 FTE savings over four years.
- Optimized centralized control assurance framework, ensuring consistent oversight across regulatory, financial, and operational risks.
- Drove group-level internal control design, implementation, and periodic assessments, ensuring robust mitigation of control gaps and enhanced risk governance.
- Directed the lifecycle of control assurance activities, compliance monitoring, and reporting.
- Presented Residual Risk Assessment Dashboard to Group and Senior Management, providing insights and explanations on risk status.
- Acted as a strategic advisor to leadership on risks, remediation, and governance effectiveness.
- Conducted Group RCSA refresh to review controls effectiveness and redesign based on the past results and emerging risk associated with the processes and environment.
- Managed and developed team of 20 members, guiding them in achieving goals and priorities within functional area.
- Led banking operations in the Global Capability Center.
Manager, Controller - Regulatory Reporting
JP Morgan Chase & Co.
05.2016 - 09.2018
- Orchestrated the migration of Federal Regulatory and SEC Reporting from the USA to India GCC, achieving 100% SLA/KPI, saving 12 FTEs.
- Oversaw regulatory and SEC submissions, ensuring alignment with supervisory expectations and compliance.
- Revamped review controls and documentation, enhancing issue management and remediation processes.
- Managed banking operations at GCC, streamlining processes to support regulatory reporting.
Manager, Global Finance (SOX & Controls)
Hewlett Packard Enterprise
10.2015 - 05.2016
- Led SOX compliance initiatives including risk identification, control design, and remediation.
- Conducted ITGC and application risk assessments, strengthening governance and compliance processes across regions.
- Managed GCC-I&T projects, enhancing IT efficiency through targeted improvements.
Asst. Manager, Controller- Govt. Reporting
American International Group
05.2014 - 10.2015
- Migrated government reporting and enterprise risk management from USA to India GCC with 100% SLA/KPI, achieving savings of 10 FTEs. Led team focused on government reporting, control evaluation, and exception mitigation.
- Instituted regulatory risk and control practices to enhance reporting integrity. Coordinated risk and control self-assessments (RCSA) across regions.
- Oversaw insurance brokerage licensing compliance aligned with NAIC guidelines and state regulations, ensuring effective validation, compliance reviews, and governance reporting.
- Managed GCC-Insurance operations
Senior Finance Associate, Controllership
Avaya India Pvt. Ltd.
01.2011 - 05.2014
- Managed end-to-end accounting, consolidation, and financial reporting processes with a robust oversight mechanism.
- Enhanced reporting quality by refining documentation and conducting thorough analytical reviews.
- Increased reconciliation and accounting accuracy through implementation of structured review mechanisms.
- Provided management reporting with clear, data-driven insights to support decision-making.
- Built strong foundation in governance, financial controls, compliance, and risk operations.
- GCC-Telecommunication
Divisional Accountant, Corporate Finance
Bajaj Allianz Life Insurance
08.2007 - 01.2011
- Collaborated with senior leadership to deliver strategic finance transformation, leading centralized payment implementation across 1,200+ branches and unlocking ₹5,500 Cr investment impact in year one.
- Handled month-end closing and reporting, including cost and benefit analysis of HR benefits.
- Ensured governance and statutory compliance across multiple offices.
- Administered internal controls, reviewed periodic assessments, reported on findings, and evaluated mitigation plans for exceptions.
- Identified, assessed, and documented key risks across underwriting, claims, and operations.
- Coordinated Risk & Control Self-Assessments (RCSA) across health insurance and pension products, covering regulatory, operational, and financial risks.
- Analyzed insurance sector trends
Executive, Regional Credit
Magma Fincorp Ltd.
03.2006 - 08.2007
- Drove progressive growth in credit, risk, and governance functions.
- Led strategic initiatives to enhance operational efficiency and customer satisfaction.
- Developed and implemented policies to streamline financial processes and reporting.
- Analyzed market trends in non-banking financial company sector to inform strategic decision-making.
- Collaborated with cross-functional teams to align business goals and objectives.
Education
SAP - FICO & S4HANA Simple Finance -
01-2021
Master of Commerce - Accounting & Information Systems
M.P.C. Autonomous College, North Orissa University
Baripada, Orissa01-2005
Skills
- Risk Appetite Framework (RAF)
- Control Assurance & Assessment (CAA)
- Finance, Operational & Non-Financial Risk (NFR)
- RCSA
- Regulatory Compliance (GDPR, DORA, NIS2)
- SOX Compliance & Internal Audit
- US GAAP & IFRS Controls
- KRI / KPI Design & Monitoring
- Issue remediation
- Risk controls transformation
- Policy Governance & Risk Frameworks
- Process Re-engineering
- Board risk reporting
- Stakeholder management
- Automated Risk Assessment
Accomplishments
- Director-ERM Commendation - Wells Fargo (2024)
- Best Team Performance Award - Standard Chartered Bank (2022)
- Multiple Excellence Awards - JPM, HPE, AIG, Avaya
- ₹5,500 Cr Liquidity Impact - Bajaj Allianz Life Insurance
Skills
Control Assurance & Assessment (CAA), Finance, Operational & Non-Financial Risk (NFR), RCSA, Issue Management & Remediation, Risk Appetite Framework (RAF), KRI / KPI Design & Monitoring, Remediation, SOX Compliance & Internal Audit, Regulatory Compliance (GDPR, DORA, NIS2), US GAAP & IFRS Controls, Policy Governance & Risk Frameworks, Setup, Migration & Scaling (Banking, Insurance & IT), Talent Building & Capability Development, Global Risk & Controls Transformation (BCBS239, BSA), Process Re-engineering, Policy & Standardization, Executive & Board Risk Reporting, Global Stakeholder Management (US, EMEA, APAC), AI Framework, Ethical AI, AI-enabled Risk Automation, Continuous Controls Monitoring (CCM)
Timeline
Vice President/Senior Manager, Corporate Risk
Wells Fargo
06.2023 - Current
Senior Manager, Global Risk Services
Standard Chartered Bank
09.2018 - 06.2023
Manager, Controller - Regulatory Reporting
JP Morgan Chase & Co.
05.2016 - 09.2018
Manager, Global Finance (SOX & Controls)
Hewlett Packard Enterprise
10.2015 - 05.2016
Asst. Manager, Controller- Govt. Reporting
American International Group
05.2014 - 10.2015
Senior Finance Associate, Controllership
Avaya India Pvt. Ltd.
01.2011 - 05.2014
Divisional Accountant, Corporate Finance
Bajaj Allianz Life Insurance
08.2007 - 01.2011
Executive, Regional Credit
Magma Fincorp Ltd.
03.2006 - 08.2007
SAP - FICO & S4HANA Simple Finance -
Master of Commerce - Accounting & Information Systems
M.P.C. Autonomous College, North Orissa University