RAJAT MATHUR
Data Governance & Risk Leader | Banking Transformation | Audit Remediation | IT Change Management |
Bengaluru
Summary
Dynamic professional with over 20 years of expertise in data governance, risk management, and regulatory reporting within global banking environments. Specializes in delivering audit-ready, data-driven solutions that enhance compliance, mitigate risk, and optimize capital efficiency. Proven leader with a track record at Standard Chartered and State Street, adept at spearheading BCBS239-aligned governance initiatives and multi-year IT transformation projects. Certified in FRM, PMP, Agile Scrum, and DCAM, combining technical acumen with strategic vision to drive impactful transformation programs across Finance, Treasury, and Risk functions.
Overview
8
8
Certifications
20
20
years of professional experience
Work History
AVP – Data Solutions
Standard Chartered Bank
06.2023 - Current
- Managed regulatory data remediation projects for capital and large exposure reporting, increasing regulatory data reliability, and audit compliance.
- Facilitated joint efforts among finance, treasury, CIB, and wealth banking teams to resolve intricate data quality and sourcing problems influencing BAU regulatory reporting.
- Led BCBS 239-focused data governance initiatives, improving data aggregation controls and reporting accuracy.
- Transformed finance and risk reporting pipelines are advancing enterprise data quality and governance standards.
- Fostered alignment between business and IT in executing enterprise data architecture, lineage, and governance solutions.
- Supervised remediation efforts for SEC 166 audit findings concerning capital large exposure reporting of shadow bank institutions, private equity investments, and portfolio equity, streamlining agency lending subscription finance, and improving client assessment and risk group tagging, impacting multi-billion USD portfolios.
- Organized closure packs with comprehensive remediation information, substantiated by evidence for scrutiny by the group internal audit team ahead of PRA submission.
- Advocated for the data solutions team during workshops, walkthroughs, and review meetings with CDOs of CIB/WRB business functions, and the Review and Challenge Committee (RNCC) for audit attestation.
- Implemented a new process in capital reporting, maintaining appropriate governance and controls to tackle Sec. 166 findings.
- Oversaw issue management and remediation program, addressing inaccuracies in client static data affecting capital liquidity and financial reporting, stress testing.
AVP – Risk IT & Change Transformation
State Street Bank
01.2017 - 05.2023
- Supervised the enterprise risk data repository as product owner, administering the regulatory change backlog in support of capital, credit risk, liquidity, HKMA, and SCCL reporting.
- Implemented impactful regulatory reporting improvements for SCCL daily monitoring, and SACCR derivatives exposure reporting.
- Collaborated with treasury, liquidity, and credit risk leadership to identify and address downstream regulatory reporting discrepancies.
- Resolved approximately 250 regulatory reporting backlog items, streamlining reporting processes.
- Condensed reconciliation duration from eighteen to eight business days, via transformative process enhancements and effective resource management.
- Established daily reconciliation capability, streamlining regulatory risk reporting timelines.
- Optimized risk reconciliation procedures by integrating robotic process automation, accelerating risk data alignment with GL for prompt monthly, quarterly, and year-end submissions to the federal bank.
- Executed ACBS to Loan IQ migration over two years, navigating the remote management of geographically diverse teams in the US, UK, Poland, and India during the COVID-19 pandemic. Realized ACBS sunset in 2023 after an extensive parallel run lasting one year.
Principal QA Engineer
Oracle Health Sciences
02.2012 - 01.2017
- Facilitated ETL QA and data migration projects, bolstering Oracle's front-end healthcare analytics platform at the Translational Research Centre and Oracle Healthcare One.
- Administered and maintained two pivotal cancer research analytics data repositories, a clinical data mart, and a genomics data bank, integral to delivering cutting-edge analytics solutions for the healthcare and life science sectors.
- Strengthened OBIEE and Cognos reporting solutions, guaranteeing high data accuracy.
- Spearheaded the customization, deployment, and maintenance of Oracle Health Suite products at MD Anderson Cancer Research Institute, University of Texas, Houston, United States.
Senior QA Engineer
Thomson Reuters Corporation
02.2010 - 02.2012
- Front-end management information system reports development on SAP BusinessObjects, IBM Cognos applications.
- Oracle Data Integrator, in conjunction with Informatica back-end ETL development.
- Migration of the Reuters reporting system to Thomson following the Reuters-Thomson merger pre-2010.
- Member of the development team for Thomson Reuters Eikon, a comprehensive financial analysis platform utilized by professionals for real-time data, news, and analytics across asset classes.
Senior Software Engineer
Aris Global LLP
08.2007 - 01.2010
- Engineered Oracle Data Integrator and Informatica back-end ETL processes that support the front-end pharmacovigilance suite of products/applications, aiding drug manufacturing companies in overseeing and managing adverse events analysis and reporting throughout animal and human drug trials.
- Engaged in product deployment, testing, maintenance, and user training on-site at clients like Baxter, Amgen, Pfizer, Sun Pharma, and Dr. Reddy's Laboratories.
Software Engineer
HP EDS
06.2006 - 07.2007
- Performed customization testing of the Misys Loan IQ product tailored for Islamic banking clients in the Middle East, validating compliance with client specifications.
- Engineered and evaluated software games on Sony PlayStation, Microsoft Xbox, and Wii consoles for clients including EA Sports and Atari, elevating user experience and gameplay quality.
Education
B.E. - Electronics & Communications
Visveswaraya Technological University
Karnataka06-2005
MBA - Finance & IT
Symbiosis
Pune09-2009
Skills
Data management
Data analytics
Data insights
Data quality management
Data troubleshooting
Business process optimization
Process improvements
Change management
Strategic planning
Cross-functional collaboration
Teamwork and collaboration
Decision-making
Accomplishments
Power of Team Award 2019
Issued by StateStreet India-Controllers Head and SVP · Dec 2019
Power of Team Award 2018
Issued by StateStreet-CFO · Sep 2018
Oracle-Extra Miler Award-2015
Issued by Oracle HSGBU · Jun 2015
Oracle Spot Award
Issued by Oracle · Feb 2014
Thomson Reuters-CIO Award
Issued by Thonson Reuters · Jan 2012
Thomson Reuters-CEO Award
Issued by Thomson Reuters · Nov 2011
Certification
Advanced Strategic Management – Indian Institute of Technology, Delhi.
Timeline
AVP – Data Solutions
Standard Chartered Bank
06.2023 - Current
AVP – Risk IT & Change Transformation
State Street Bank
01.2017 - 05.2023
Principal QA Engineer
Oracle Health Sciences
02.2012 - 01.2017
Senior QA Engineer
Thomson Reuters Corporation
02.2010 - 02.2012
Senior Software Engineer
Aris Global LLP
08.2007 - 01.2010
Software Engineer
HP EDS
06.2006 - 07.2007
B.E. - Electronics & Communications
Visveswaraya Technological University
MBA - Finance & IT
Symbiosis