Ratul Das
Summary
CA, MBA, CISA -
Currently HoD Control Evaluation and Management - Enterprise functions for Wells Fargo International Operations.
Previously, Chief Control Officer – Regulatory Financial Reporting & Transformation for HSBC Global Operations.
Global Risk Leader with 23+ years of experience shaping and executing enterprise risk strategies across banking, financial services, and global capability centers. Expertise in designing risk frameworks, leading large-scale assurance programs, and driving organizational transformation. Adept at managing cross-border teams, implementing control automation, and engaging with regulators and boards to embed risk culture. Proven ability to align risk management with strategic business goals, delivering resilience, efficiency, and sustainable growth.
Overview
24
24
years of professional experience
1
1
Certification
Work History
Executive Director Control Evaluation – Enterprise Functions
Wells Fargo International Solutions Private Limited
08.2024 - Current
- Designed and implemented a revised organizational risk and control model, evolving into a utility-based structure across global operations.
- Led the Control Testing team, enhancing efficiency and coverage of 3000+ control evaluations annually.
- Spearheaded automation initiatives for Finance, Technology, HR, Legal and Public Affair process controls, reducing manual testing efforts by 40% and improving accuracy.
- Partnered with global stakeholders (US, Europe, Asia) to align risk frameworks with regulatory expectations and COSO standards.
- Delivered assurance reporting to senior leadership, ensuring 100% timely and compliant submissions.
- Worked closely with organizational leadership and C-Suite stakeholders to guide risk strategy.
- Fostered work culture of collaboration and inclusion to increase morale and reduce turnover by c.80%
CCO - Reg Financial Reporting and Transformation
HSBC Electronic Data Processing India Private Limited
05.2015 - 07.2024
- Chief Control Officer for Financial Reporting Change, delivering oversight of emerging risks, strategic initiatives and change portfolio.
- Implemented risk frameworks and compliance testing programs across multiple business units.
- Acted as a trusted advisor to senior management on emerging risks, regulatory changes, and control effectiveness
- Led the design and rollout of enterprise-wide risk policies covering operational risk, compliance, and governance.
- Successfully navigated regulatory audits, maintaining zero major findings over 5 consecutive years.
- Mentored and developed cross-border teams, improving retention and engagement through structured capability building.
- Used strong analytical and problem-solving skills to develop effective solutions for challenging situations.
Finance Control Governance Assurance Lead
Barclays Shared Services India Private Limited
07.2009 - 04.2015
- Built and managed 2 LoD assurance teams responsible for risk reviews, regulatory testing, and compliance reporting across multiple regions.
- Performed: Conformance assurance review over the policies and standards issued within the financial control risk framework.
- Business support project work regarding change governance, shared service center governance models, control issue closure, process effectiveness enhancement tool development and implementation.
Manager Finance Operations
SandMartin Consultants Private Limited
05.2007 - 06.2009
- Steered efforts in developing and managing four major accounting clients based out of different geographical location across the world.
- Developed and maintained relationships with customers and suppliers through account development.
- Cross-trained existing employees to maximize team agility and performance.
Senior Team Leader – Finance Operations
Kingston Smith Inox DC Outsourcing Private Limited
11.2003 - 01.2007
- Performed preparation of Financial and Management Accounts, Accounting for VAT and generation of VAT returns, Cash Forecasting, Financial Analysis and advisory work on budgets along with SOX certifications.
- Conducted assignment planning, which includes processing plan, time budgeting and delegation.
Accounts Officer
Intec Share & Stock Brokers Limited
03.2002 - 10.2003
- Performed preparation of Final Accounts and coordinated with the Statutory Auditor.
- Formulated Daily Reports for MIS purpose and Monthly Income & Expenditure statement for Top Management's Perusal.
Education
CA -
Institute of Chartered Accountants of India
MBA - Finance
Symbiosis School of Management
Advance Diploma - Information Technology
NIIT Technologies
Skills
- Enterprise Risk Management (ERM) & Governance
- Design and execution of risk frameworks
- Knowledge of Basel III, SOX, GDPR regulations
- Change management and risk mitigation
- Internal Controls & Assurance Testing
- GCC Leadership & Global Risk Operations
- Automation & Data-Driven Risk Insights (Python, SQL, Power BI)
- Board, Regulator & Stakeholder Engagement
- Leadership Development & Talent Strategy
- Leadership development
- Relationship building
- Growth management
Accomplishments
Achieve Closure of Regulatory Orders : Led completion of ~2800 controls evaluation in 7 months, directly resulting in closure of regulatory consent order
Implemented RCSA Framework : Designed, implemented and Embedded the Finance ‘Change Management Risk' framework, which encompasses ~260 projects valuing ~$2.5bn
Enhanced Control Monitoring : Conceptualized and implemented the Control Monitoring Self Assurance program for ~4500 controls, leading to substantial cost save and enhanced risk culture
Management signoff on CoE RCSA : Execute RCSA review and partner in remediation, leading to management letter on CoE success - a. BASEL III, IFRS 9 Amortization and IFRS 16 Lease Accounting CoEs b. Global Capability Centre Governance model
Establishing Assurance function : Led creation and winning business acceptance of 2LoD Assurance function, from 0 to 45 members in 3 regions; functional coverage of retail, wholesale and commercial banking operations, in 51 countries
Usage of New-age tech tool : Designed/participated in use-cases on: a. control continuous monitoring b. journal and payment authorization review c. control testing automation via CoPilot
Key Attributes
- Global Perspective – Leading businesses across US, UK, EMEA, and APAC operations.
- Strategic Risk Transformation – Proven track record of reshaping frameworks and embedding sustainable risk culture by closely working with cross-functional executives (business/2LoD/Audit)
- Operational Efficiency – Delivered measurable improvements (40% automation-led effort reduction, zero major regulatory findings).
- Leadership Impact – Built, scaled, and mentored global teams to operate as high-performing utilities.
Certification
- CISA: Information Security Audit from ISACA, US
- Google Cloud Security specialization from Google, US
- Google Cloud Digital Leader: delivered by HSBC University with content from GCP
- CeAML and KYC from Institute of Bankers, New Delhi
- NCFM Dealer - Cash and Derivative Market, from National Stock Exchange of India Ltd., New Delhi
Timeline
Executive Director Control Evaluation – Enterprise Functions
Wells Fargo International Solutions Private Limited
08.2024 - Current
CCO - Reg Financial Reporting and Transformation
HSBC Electronic Data Processing India Private Limited
05.2015 - 07.2024
Finance Control Governance Assurance Lead
Barclays Shared Services India Private Limited
07.2009 - 04.2015
Manager Finance Operations
SandMartin Consultants Private Limited
05.2007 - 06.2009
Senior Team Leader – Finance Operations
Kingston Smith Inox DC Outsourcing Private Limited
11.2003 - 01.2007
Accounts Officer
Intec Share & Stock Brokers Limited
03.2002 - 10.2003
MBA - Finance
Symbiosis School of Management
Advance Diploma - Information Technology
NIIT Technologies
CA -
Institute of Chartered Accountants of India
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