Prittam Desai

• Responsible for Compliance & Regulatory management, Risk & Control, Tech governance, Tech audits and Management reporting for technology verticals i.e. Global markets, Global banking and payments, Corporate banking, Technology infrastructure, Information security for both Bank of America NA India branches and BOFAI Securities.
• Provided expert guidance on regulatory compliance, helping technology teams navigate complex requirements and avoid penalties.
• Establish and maintain strong relationships with internal stakeholders across technology verticals, control and support groups at country and group level and external stakeholders including regulators and auditors to ensure compliance with Bank policies and Regulatory framework and guidelines.
• Manage the book of work covering adhoc submissions and periodic regulatory reporting (such as Quarterly Cyber KRI, RBS, CSITE, VAPT), regulatory exams and gap assessments of circulars/advisories/alerts, Internal/external audits (such as statutory audits, system and cyber security audits) and governance forums.
• Global Markets Post trade lead
• Responsible for planning and execution of key Bank initiatives and projects for India and APAC (such as India payment data localization, MiFID II, Exchange traded currency futures and rates implementation) and timely delivery of regulatory mandates (such as GST, E-invoicing, interoperability of exchanges).
• Accountable for managing and monitoring risks, adherence to Bank polices and regulatory guidelines and managing internal and external audits and regulatory reporting for Markets.
• Vendor management involving partnering with vendors for project execution throughout the project life cycle.
• Drive forums with Senior Management locally and regionally to review progress, risks, issues and key decisions. Representing India in the Regional Operational and Senior Committee Meetings.
• Mentor and guide junior team members to ensure their professional growth and project contribution.

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• Managed cross-functional teams for successful project completion within deadlines and budgets (such as SG India Integration project related to business model transformation/Long term forward contracts/ Currency interest rate swaps implementation).
• Define project scope, project charter and governance in collaboration with Senior Management and Stakeholders.
• Collaborate with senior stakeholders and project team to deliver detailed project plan, test plan development, design test strategy, and manage the user acceptance testing, Go Live and support post go live.
• Drive forums with Senior Management locally and regionally to review progress, risks, issues and key decisions. Representing India in the Regional Senior Committee Meetings

• ·Managed multiple strategic projects ranging from Technology to Process Enhancement to launch of New Products and Systems (such as Exchange traded currency derivatives implementation, FX trade booking system implementation, online FX confirmation system, Integration of treasury of Bank of Rajasthan with ICICI Bank).
• Collaborated with business leadership to set priorities based on business needs, resource capacity and risk exposure.
• Engaged and worked alongside cross-functional stakeholders to manage strategic initiatives.
• For New Product implementation, presented the project for approval to the Board and other forums such as Risk, PAC committee etc.

· Actively plan and manage project schedules and resources on the projects while resolving issues such as scope creep, changes in user requirements, schedule slippage, risks, technical problems and shortages of resources.

• .Vendor management involving working with different vendors for project delivery.

• Spearheaded as Subject Matter Expert for system development for Citibank Switzerland.
• Responsible for preparation of functional specifications, oversee system testing and co-ordination with the development team for product development and enhancement.

• In charge of the back office operations of options, non-deliverable forwards and money market division for Deutsche Bank.
• ·Successfully turnaround money market division that had failed SAS audit in a span of 6 months. Introduced training measures, appropriate controls and line of reporting. The new procedures helped increase team’s confidence level, improved performance and clear SAS Audit.
• Handled Six-Sigma Green Belt Project, based on Back Office Referral System. The project aimed at reducing the investigation period of outstanding trades for speedy settlement.

• Assisted the operations head in formulating and implementing strategies for the development, promotion, pricing and distribution. Ensured client/product profitability and performance.
• Worked towards pricing of FX products and services and formation of contracts with corporate customers. Liaised and coordinated with the internal teams, financial institutions, business houses and agents for smooth operations.
• Oversee the entire gamut of operational activities of four branches including process and manpower management in adherence to the RBI/ Company rules and regulations.
• Prepared segment plans and concept strategies for increasing market penetration and administered service delivery standards. Implemented account performance monitoring. Analyzed departures from plans and recommended actions.