Sakshi Shekhar
Bangalore
Summary
Experienced member of EY Financial Services with 8+ years in banking and risk consulting, specializing in business/data analytics, IFRS9 solution implementation, statistical model development, model migration, and data infrastructure remediation. Skilled at acquiring and applying new knowledge to drive successful change.
Overview
9
9
years of professional experience
Work History
Manager
Ernst & Young India LLP
10.2022 - Current
- Leading and managing IFRS 9 implementation for leading EMIA banks, ensuring effective risk management and regulatory compliance.
- Proficient in collaborating with diverse, cross-functional teams and vendors, defining scope, and guiding business requirements.
- Experience in managing the entire project lifecycle, including proposals, proposal timelines, effort estimations, resource planning, requirement sessions, project design and execution planning, test case preparation, and client UAT support.
- Experience in TTC to PIT PD conversion, LGD Computation using various methodologies, and implementation of the same in SAS Model Implementation Platform.
Senior Consultant
Ernst & Young India LLP
07.2021 - 09.2022
- Lead end-to-end IFRS 9 implementation of Moody's products for global clients, including configuring PD/LGD models with various engines for regulatory reporting and customizing ECL calculations and stress testing processes. Experienced with Moody's Analytics products like Scenario Analyzer, Risk Confidence, Risk Foundation, and Data Mart.
- Evaluated a bank's current solution and dissected PD/LGD models (R-Code), along with computing ECL for integration into strategic systems.
- Led workshops and trainings on implementation platforms for stakeholders. Created presentations to review and clearly explain the ECL results.
- Supported Credit Risk RWA/Capital Computation implementation for an Indian bank, covering both Standardized and Advanced IRB approaches.
Consultant
Ernst & Young India LLP
06.2020 - 07.2021
- Implemented Moody's Scenario Analyzer for stress testing, including data loading, validation, model configuration, and timely PD/LGD processing.
- Configured Moody's Risk Confidence (RCO) application, including macroeconomic variable transformation, Chart of Accounts, staging rules, stress scenarios, cash flow generation, EAD, ECL computation, and custom report generation for Retail and Wholesale portfolios.
Business Analyst
EXL Services
02.2019 - 06.2020
- CRD-IV Compliance: Redesigned model using CRD-IV guidelines and developed SAS scripts for PD, EAD, and LGD inputs.
- Unsecured Model Data Development - Migration from Legacy system to Strategic Platform.
- Developed SAS scripts to calibrate PD, EAD, LGD model outputs using the latest performance data available for each portfolio.
- Identified definition of default across portfolios and implementing regulatory compliance of BASEL-III under CRD-IV guidelines for European banking.
- Implemented UTP and DR indications, encompassing 90 DPD, Bankruptcy, charge off, age out, vulnerable, and repayment plan indicators
- Involved with prototyping the UTPs (Unlikeness to Pay), DR (Distressed Restructuring), Contagion, Final DOD Data Mart, which includes creating all exit criteria from default after Probation in case of Non-Distressed and Distressed Restructuring.
Sr. Setup Configuration Specialist
Alight Solutions
08.2015 - 05.2018
- Create or update SAS programs to load data and generate study-specific datasets, validate derived datasets per SOP, and review productivity reports while coordinating with support teams.
Education
B. Tech - Computer Science and Engineering
Dr. A.P.J Abdul Kalam Technical University
06-2015
Skills
- Moody's Risk Foundation (RFO)
- Moody's Risk Confidence (RCO)
- Moody's Risk Foundation Discovery (RFoD)
- Moody's Scenario Analyzer (SAE)
- SAS Stratum
- SAS Risk Governance Framework
- SAS Model Implementation Platform
- Oracle SQL
- Base & Advance SAS
- Financial Management
- Project Management
- Workforce Management
Achievementsawards
- Gold Award, 2017
- Promising Newcomer, 2019
- Kudos Award, 2022
- I am Exceptional Awards, 2022, 2023
- Client Extraordinaires Award, 2023
- Multiple fast track promotions, for outstanding performance
Timeline
Manager
Ernst & Young India LLP
10.2022 - Current
Senior Consultant
Ernst & Young India LLP
07.2021 - 09.2022
Consultant
Ernst & Young India LLP
06.2020 - 07.2021
Business Analyst
EXL Services
02.2019 - 06.2020
Sr. Setup Configuration Specialist
Alight Solutions
08.2015 - 05.2018
B. Tech - Computer Science and Engineering
Dr. A.P.J Abdul Kalam Technical University
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