Summary
Overview
Work History
Education
Skills
Certification
Accomplishments
Timeline
Generic
MRIGARAJ BARUAH

MRIGARAJ BARUAH

Bangalore

Summary

Senior Finance and Risk Leader with over 16 years of experience in global banking, specializing in Basel III compliance, credit risk, and AI-powered data governance. Proven track record of optimizing RWA frameworks, leading cross-functional teams, and delivering regulatory excellence. Renowned for leading robust Basel III and 3.1 implementations, as well as BCBS 239 frameworks, I have a stellar record of optimizing risk-weighted asset (RWA) calculations and pioneering data governance initiatives.

Overview

17
17
years of professional experience
1
1
Certification

Work History

Sector Lead – Integral IQ

Crisil
Bangalore
12.2024 - Current
  • Spearheaded a cross-functional team of consultants to execute BCBS 239 QA testing, ensuring timely and defect-free delivery of regulatory reports aligned with risk tribe allocations.
  • Architected a standardized QA testing template, integrating critical components such as EUC identification, change control, and data quality scoring — enhancing consistency and audit readiness.
  • Orchestrated the end-to-end QA lifecycle, from artifact acquisition and validation to scoring and EUC tool uploads, driving operational efficiency across reporting cycles.
  • Engineered the Data Quality Assessment framework under BCBS 239, pinpointing systemic data issues and aligning remediation efforts with Internal Audit (IA) protocols.
  • Presented EUC findings to senior leadership with clarity and confidence, influencing strategic decisions and reinforcing governance standards.
  • Mentored junior team members, fostering skill development and boosting stakeholder satisfaction through improved QA execution.
  • Proactively absorbed additional reporting responsibilities to mitigate delivery risks, ensuring seamless execution within tight timelines (e.g., 18 working days).
  • Streamlined collaboration with reporting teams, enhancing transparency and accelerating resolution of pending artifacts and scoring discrepancies.
  • Mentored a team member, providing support and guidance to overcome initial struggles, resulting in positive feedback from stakeholders.

Manager – Financial Accounting & Advisory Services

EY India
Bangalore
11.2021 - 12.2024
  • Pioneered weekly revenue reconciliations, leveraging AI tools to ensure financial precision and integrity.
  • Monitored and scrutinized Net Unbilled Inventory (NUI), Accounts Receivable (AR), and Current Year Revenue ETD & YTD, detecting and diagnosing variances.
  • Dramatically reduced weekly variance in NUI and revenue by a significant percentage, fortifying the company's financial health.
  • Initiated and spearheaded a resource allocation analysis system using the Mercury portal, culminating in a marked improvement in billing accuracy.
  • Established a stringent rate chart compliance process, slashing billing discrepancies and enhancing revenue assurance.

Associate Manager

Standard Chartered Global Business Services
Bangalore
05.2017 - 11.2021
  • Orchestrated comprehensive monthly parallel reporting for MAS regulators, ensuring meticulous financial reconciliation, and RWA calculations.
  • Streamlined the reporting process, reducing the time to submission by 15% while maintaining 100% compliance with MAS and PRA regulations.
  • Identified and rectified critical discrepancies in RWA calculations, safeguarding the bank against potential regulatory penalties.
  • Spearheaded the pre-calculation and post-calculation processes from calendar day 7 through 27, culminating in the submission of the summary sheet in the MAS template.
  • Administered the Risk Reporting Template (RRT) for MAS, enhancing the accuracy and reliability of credit risk reporting.
  • Championed data governance initiatives, managing vast datasets on RWA to ensure integrity and transparency.
  • Implemented a new data validation protocol that improved the accuracy of RWA reporting.
  • Delivered zero-defect reports for 12 consecutive months, establishing a new standard for reporting precision within the organization.
  • Developed and maintained a robust lineage framework for RWA data, facilitating traceability and accountability.
  • Conducted in-depth analysis of RWA figures month-on-month, identifying trends and providing strategic insights into risk weight fluctuations.
  • Collaborated closely with SCB Singapore stakeholders, aligning reporting activities with stringent regulatory standards and expectations.

Sr Credit Assessment Officer

ANZ Support Services India Pvt Ltd
Bangalore
06.2016 - 05.2017
  • Process credit approval note for new credit limits sanction to new borrower and review/renewal/enhancement/reduction in credit limits for the existing portfolio in order to meet the pre-set financial/non-financial objectives.
  • Preparing credit notes stating inherent risks involved and providing risk mitigants or justifications towards accepting risk outside of policy using CAD (credit approval discretion).
  • Adhering to banks credit policy and APRA guidelines.
  • Takes a close look on ORCA to check the CRAA report with the help of VEDA Report, D&B report & Experian reports.
  • Perform cross-collateral assessment to ensure LVR (loan-to- value) remains within policy.

Deputy Manager

Axis Bank Ltd
Bangalore
05.2012 - 05.2016
  • Takes care off the KRAs, client management, operational issues and stakeholder management.
  • Process credit approval note for new credit limits sanction to new borrower and review/renewal/enhancement/reduction in credit limits for the existing portfolio in order to meet the pre-set financial/non-financial objectives.
  • Evaluate the credit requirement of business and recommend appropriate type and quantum of funding in line with credit worthiness of businesses and determine borrower ability to repay loans and lines of credit. A holistic credit view is undertaken with adequately evaluating the risk related to the Business, Financial, Management, Industry, Conduct and Security aspect of the borrower.
  • Responsible for Spread/financial statements analysis, preparation of credit appraisal note within short TAT & post-sanction monitoring through periodic account review/renewal.

Executive

TATA AIG General Insurance
Chennai
04.2010 - 05.2012
  • Preparation of Commercial Quotes and sending to Corporate Office for approval.
  • Monitor financial performance of channel partners.
  • Complete management of channel partners.

Business Development Manager

Bharti Axa General Insurance
Guwahati
03.2009 - 04.2010
  • Analyzing and targeting on new business prospects and converting the same into loyal clients.
  • Preparation of Commercial Quotes and sending to Corporate Office for approval.

Education

M.B.A. -

ICFAI BUSINESS SCHOOL
Hyderabad
02-2009

Bachelor of Commerce -

Christ College
Bangalore
04-2006

XII -

Kendriya Vidyalaya Duliajan
Duliajan, Assam
03-2003

X -

Kendriya Vidyalaya Duliajan
Duliajan, Assam
04-2001

Skills

  • Project leadership and team management
  • Data governance and quality assessment
  • Stakeholder engagement and communication
  • Analytical problem-solving and critical thinking
  • Risk assessment and mitigation strategies
  • Change control and process optimization
  • Strategic planning and decision-making
  • AI technology integration and data management
  • JIRA and Confluence proficiency
  • SQL, Collibra, and DTAS expertise
  • Power BI and Tableau reporting
  • Python programming skills
  • QA testing methodologies

Certification

Bronze certificate in Gen AI, EY

Accomplishments

I won the Q2 award under the Intellectually Stimulating category, and I am the recipient of the Exceptional Award at EY

Timeline

Sector Lead – Integral IQ

Crisil
12.2024 - Current

Manager – Financial Accounting & Advisory Services

EY India
11.2021 - 12.2024

Associate Manager

Standard Chartered Global Business Services
05.2017 - 11.2021

Sr Credit Assessment Officer

ANZ Support Services India Pvt Ltd
06.2016 - 05.2017

Deputy Manager

Axis Bank Ltd
05.2012 - 05.2016

Executive

TATA AIG General Insurance
04.2010 - 05.2012

Business Development Manager

Bharti Axa General Insurance
03.2009 - 04.2010

M.B.A. -

ICFAI BUSINESS SCHOOL

Bachelor of Commerce -

Christ College

XII -

Kendriya Vidyalaya Duliajan

X -

Kendriya Vidyalaya Duliajan

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