DEEPTI CHATAP
Senior Business Analyst
Bangalore
Summary
Results-driven Senior Business Analyst with over 10 years of experience in Investment and Wholesale Banking, specializing in Capital Markets, Credit Risk, and Model Risk Management. Proven expertise in regulatory compliance, risk analytics, and process optimization, with a strong track record of translating complex business requirements into scalable, data-driven solutions.
Overview
10
10
years of professional experience
5
5
Certifications
Work History
Senior Business Analyst, Project - PD Model
HSBC
Bengaluru
02.2024 - Current
- Led the execution of the HBCE SME and Corporate PD v4 Model project for the ECB (Jan 2025) and PRA (Aug 2025) regulatory submissions, supporting IRB capital, IFRS 9, stress testing, and credit decisioning across continental Europe portfolios. Owned requirements gathering, functional analysis, UAT coordination, testing sign-off, and regulatory risk mitigation.
- Key contributor to Global Bank PD v5.0 model delivery (Apr 2025) and v5.0 enhancements (Sep 2025) for ECB regulatory reporting. Supported PD v5.1 implementation, focusing on business readiness.
- Performed advanced, data-driven analysis using SAS and SQL to identify critical PD risk drivers (model inputs), and optimize processes for enhanced performance.
- Managed integrations with downstream systems including the risk rating system, Wholesale Data Refinery, and CARM for Corporates, ensuring accurate data transmission to Finance for RWA calculation and regulatory reporting.
- Owned training sessions, user documentation, worklflow creation using Visio, test case preparation, execution support, and defect triage across releases. Managed JIRA, Confluence, and SharePoint for sprint execution and project delivery governance.
- Driving the global migration of credit ratings to a digital credit platform, incorporating AI-driven data testing and validation to improve risk rating accuracy, end-to-end rating creation, and approval across regions.
Business Analyst, Manager, Project - GReAT - Global Regulatory Attestation
HSBC
Bengaluru
08.2022 - 02.2024
- Led end-to-end business requirements for Wholesale Credit Risk, Traded Risk, and Interest Rate Risk in the Banking Book (IRRBB), for PRA regulatory traceability, supporting ICAAP submissions, and annual attestations.
- Drove stakeholder engagement and requirement elicitation across Regulatory Policy & Engagement (RPE), Risk Treasury, FLOD & SLOD, translating complex regulatory expectations into clear Appian workflows, resulting in approximately 80% improvement in customer satisfaction and business adoption.
- Acted as the primary liaison between business and IT, owning functional design, UAT, and defect management.
- Facilitation of business user training sessions to enhance adoption rates, and ensure effective knowledge transfer.
Senior Business Analyst, Project - ImProve- Model Risk Management
Coforge - Credit Suisse (Client)
Pune
05.2021 - 07.2022
- Worked on ImProve, Credit Suisse's enterprise Model Risk Management platform, aligned to SR 11-7 regulatory guidelines.
- Supported end-to-end model inventory governance, including model creation, tiering, and periodic validations by 1LOD and 2LOD users.
- Delivered and enhanced model inventory and risk reports using Qlik, supporting regulatory and governance oversight. Supported report migration from Qlik to Tableau, ensuring data accuracy and continuity.
- Led requirements gathering and stakeholder engagement, translating business needs into functional specifications.
- Managed Confluence, JIRA user stories, backlog, and requirement walkthrough with development and QA teams.
Business Analyst, Project - NOVA- Credit Risk Rating
Societe Generale Global Solution Center
Bengaluru
06.2019 - 05.2021
- Development and implementation of credit risk rating models (PD, LGD), and calculation of derived and standalone ratings using internal models (IRBA approach), adhering to Basel II guidelines.
- Coordination of external credit rating extraction from agencies such as S&P, Moody's, and Fitch, for accurate integration into credit risk frameworks.
- Conducting requirements gathering, creating epics and user stories, managing stakeholder engagement, and ensuring effective prioritization and estimation processes using tools like JIRA.
- Preparation of functional requirement documents (FRDs), overseeing UAT processes post-development of user stories, and delivering training sessions to enhance customer satisfaction.
- Analysis of business performance drivers through key data evaluation and presentation creation to facilitate informed decision-making.
- Established Power BI for data lake rating tracking, and collaboration with software development teams to design scalable reports, which increased high-performance solutions for client requirements by ~60-65%.
Senior Application Developer, Business Analyst, Project - Pershing Asset Movement
Bank of New York Mellon Technology
Pune
08.2015 - 05.2019
- Designed and implemented reusable UI components for asset transactions, including checks, fed funds, and journal transaction modes within the Patriot-Beneficiary Process project, using Java, HTML, JSP, and servlet technologies.
- Contributed to the design and field allocation for beneficiary management in client onboarding platforms.
- Developed solutions to calculate Required Minimum Distribution (RMD) for IRA accounts across platforms such as NetX360, Statements, and NetXInvestors, while validating settlement status via trade life cycle platforms.
- Authored detailed Business Requirement Documents (BRDs), managed JIRA tasks, facilitated UAT testing, and ensured adherence to Scrum ceremonies under Agile methodology.
- Created comprehensive technical documentation to enable team knowledge sharing, and support long-term system maintenance efforts.
- Mapped current business operations processes, identified improvement opportunities, and developed workflow diagrams to illustrate efficient workflows.
Education
Bachelor's - Electrical Engineering
Yeshwantrao Chavan College Of Engineering
Nagpur, India05.2015
12th - Higher Secondary Certificate -
Kendriya Vidyalaya
Chhindwara, India05.2011
10th - Secondary School Certificate -
Kendriya Vidyalaya
Chhindwara, India05.2009
Skills
Business Analysis, Requirements gathering, UAT, Agile, SDLC, Project Management, Gap Analysis, Process mapping, Stakeholder Management, Data Analysis, PD/LGD Models, Credit Risk Management, RWA calculation, Model Risk Management, Regulatory Reporting (ECB, PRA), ICAAP, Stress Testing, IFRS 9, IRBA framework, Base norms, SAS, SQL, JAVA, HTML, JSP, Servlets, Tableau, Power BI, JIRA, Confluence, Appian, Advanced Excel, Microsoft Power Point, Visio
Accomplishments
- HSBC - Star of the Quarter - 2025
- HSBC - At our Best recognition award for leadership skills -2023
- Credit Suisse - Wow Award for outstanding performance in ImProve Project - 2021
- Societe Generale - Excellence in Business Analysis - 2020
- Bank Of New York Mellon - Special recognition award for Beneficiary Project - 2019
Certification
Agile Business Analysis - Getting/writing lean requirements
Timeline
Senior Business Analyst, Project - PD Model
HSBC
02.2024 - Current
Business Analyst, Manager, Project - GReAT - Global Regulatory Attestation
HSBC
08.2022 - 02.2024
Senior Business Analyst, Project - ImProve- Model Risk Management
Coforge - Credit Suisse (Client)
05.2021 - 07.2022
Business Analyst, Project - NOVA- Credit Risk Rating
Societe Generale Global Solution Center
06.2019 - 05.2021
Senior Application Developer, Business Analyst, Project - Pershing Asset Movement
Bank of New York Mellon Technology
08.2015 - 05.2019
Bachelor's - Electrical Engineering
Yeshwantrao Chavan College Of Engineering
12th - Higher Secondary Certificate -
Kendriya Vidyalaya
10th - Secondary School Certificate -
Kendriya Vidyalaya