Rishabh Bhasin

Capital Enhancements:

•Spearheaded the rollout of NatWest Group's internal risk engine, leveraging mathematical and analytics model to calculate various Risk exposure measures across development of IMM ,SACCR risk models OTC and SFT portfolios. Bolstered data accuracy by over 30% while driving risk reductions across the entire CCR domain.

•Championed the execution of REG IM implementation along with Non-REG and REG IM balance model enhancements, employing various methods (MAD, 95%ile, etc.) to optimize RWA. Drove CVA RWA savings of over £280+ million.

•Led scrum feature teams in gathering business needs, working to implement capital enhancement projects. Initiatives optimized capital and risk-weighted assets, driving £80 million+ in capital savings realized through CCR reporting improvements

•Implemented CTB projects aiming / improvisation for risk mitigation process for bank , includes improvements in valuations, setting up of new Controls ,mitigation manual risky adjustments which brought in 15+% increase in operational efficiency.

•Produced S-166 Audit submission for model validation covering areas collateral allocation, VM , IM/IA Modeling to UK Regulator PRA , identifying fixes to create £100M+ RWA benefit for 2022-2023 project enhancements.

•Led risk mitigation forums & discussions, driving brainstorming sessions to identify and implement effective fixes; reduced delivery time by 10% and enhanced 2nd level of defense, bolstering overall business resilience and enhanced risk measurement framework.

•Supported NWM Group wise initiatives on enhancements like regulatory , upstream / downstream impact , etc to incorporate and maintain integrity of risk models .Advising IT team about impacts of different projects in regular session / meeting with London - India , showcased 100 % no impact on existing features of application. PFE Calculation & Automation:

•Delivered enhancements across PFE calculation with 99 icle or 95icle confidence level to assess credit risk on trading books

•Streamlined operational risk issues across PFE and CLU reporting which resulted to close 5 risk issues in 2023.

•Implemented improvements for SFTS supervisory haircuts in line BCBS regulatory norms.

•Created Japan reporting for Singapore regulator , achieving reduction in 2 Mds clients cost.

•Promoted innovative ideas in automation areas for automatically calculation RWA , CVA and CAP impact which replaced manual creation of pivots ,charts decreased 1.5 Mds manual for Release testing using SQL and Stored procedure's. Production Stability & Documentation :

•Bridged gap between business and simplified operating model for new mappings to onboard new financial products which saved 85+% of turn around time.

•Documented many functional scenarios and streamlined functional specifications documents, leading to a 35% reduction in time spent on analysis and faster response times by minimizing duplicate bug reporting.

•Worked on Level 3 production assignments - provided RCA and findings in shorten time frame

• Redesigned legacy applications with new data models and technologies to extend capabilities to downstream banking systems
• Pioneered improvements to overall data integrity, decreasing redundancies and speeding up processing by 50%+
• Analyzed business requirements for referential applications covering market data, rates, and corporate actions
• Redesigned and refined data requirements into logical physical data models, integrating them into downstream systems
• Developed innovative approaches to consolidate raw data into meaningful information, decreasing data loss and maintain data quality and integrity accelerating integration into applications by 35%
• Documentation of specification documents like BRD, FSD, Test cases, Go live Plan, Sanity testing etc to ensure healthy quality of delivery
• Spearheaded development of centralized 'Business Dates' repository consolidating global holiday data, enabling reuse across applications and reducing manual mapping by 90%
• Analyzed business requirements for referential applications covering fixed income products - Bonds, equities Sft products repo provided solutions to read and transformed data into meaningful aspect ensuring data quality and data integrity
• Promoted test automation strategy, leading development of automated scripts reducing manual regression testing effort by 2.5 FTEs
• Conducted robust sanity testing for production releases, enhancing quality and reducing defects by 30% through focus on risk management
• Acted as key gatekeeper enforcing data and process quality standards for designs and documentation, reducing rollbacks on technical artifacts by 40%
• Led remediation's and implementations to achieve compliance with Dodd Frank, EMIR, MIFID II, and MAS Singapore
• Partnered with global team to deliver consolidated regulatory requirements on an accelerated timeline.
• Led weekly status meetings with project teams in order to track progress against milestones.
• Coordinated cross-functional teams in order to deliver large scale projects within agreed upon timelines.