Savi Bhandary

• Instrumental in setting up the Compliance Risk oversight for Legal Entity Program, defining the Charter, driving the governance workshops across Enterprise Functions and COO, with a view to monitor & mitigate WFIP regulatory risks
• Building a team, methodology and operating model with Consultants and internal stakeholders, including Enterprise Program Office
• Providing oversight on quarterly compliance assessment and Board Reporting
• Governing adherence to local laws and regulation, Compliance learning, Compliance Policy Program elements and managing Regulatory Exam submissions
• Other activities include Issue Management, 3rd Party Risk Management, responsible for oversight of horizontal Programs such as FCRM, Privacy & Conduct Risk Management
• Key accomplishments: Scaled the team from 5 to 20 in Yr 1
• Implemented regulatory requirements which was a high-priority initiative, that aligned with Global best practices and strengthening of oversight on Controls and Compliance Risks for the region
• Set up the India and Philippines Compliance oversight program for monitoring of Compliance Risks
• Set-up the Business Oversight Engagement Model with 5 LOBs: CSBB, CB, CIB, WIM, Consumer Lending- extensive senior stakeholder management and alignment to Enterprise Policies and US Regs
• Contributed to RCSA Risk identification and mitigation workshops
• Set up the Conduct Risk Oversight Function for I&P
• Successful validation and closure of 'High' rated Audit Issue
• Implemented the regulatory change management governance and escalation forums with Senior Leadership for tracking and monitoring of Compliance risks.

• Instrumental in setting up the Corporate Regulatory Risk Program, defining the strategy, designing and developing frameworks, Controls and methodology to monitor & mitigate Risk exposure arising from key Global Banking client engagements, across 40+countries
• Built a team from scratch to monitor and oversee Risks, implement Controls and assess impacts across global delivery engagements, providing SME and Advisory Support Services
• Key accomplishments: 0 escalations from Delivery and other stakeholders within 6 months of inception
• Hit the ground running within 6 months with a lean team of 2 members and scaled it to 15 Core team (at present time)
• Won a multi-million dollar deal, a large Swiss Bank in July 2020
• Spearheaded the deal from R&C side and presented the proposal to address Data Privacy local regulatory requirement between 3 EU countries
• Initiated the very 1st event of the Executive Women's Forum, a platform for bringing together Women in Risk, Security & Compliance, representing HCL, in collaboration with Target and Wells Fargo, in Bangalore, India and presented a paper on 'Gaining Competitive Edge through Regulatory & Privacy Risk & Compliance Management'
• Actively participated in various mentoring initiatives to contribute towards 'Diversity & Inclusion' at workplace
• Awarded as the 'Best Business Transformer' in 2019 for excellence in my realm of work.

• Program managed a training Academy for upskilling 200+ project team members in Global Regulatory Compliance- KYC-CDD, AML, Trade Surveillance, Identity Theft and Prevention Program (ITPP), SOX & IT Controls, Regulatory Reporting and Controls in various geographies, FATCA, Dodd Frank Compliance, Operational Risk & GRC
• Provided thought-leadership in developing an integrated approach towards Financial Crime Surveillance & in developing client-on-boarding solutions (KYC, customer & employee due diligence solutions, FATCA )
• Developed Finance IT Solution Frameworks for CFO's of key clients in core finance areas of Financial Close, Profitability Analytics, SOX Controls & IT Audit reviews (SOC 1, SOC 2 Report), Consolidation & Reporting for Oracle suite of products
• Mentored the very 1st batch of Global Interns to develop core functional components for IT system used in, post-trade operations (Corporate actions) in different geographies for diverse market participants like Depositories, Clearing corporations, Custodians etc for various asset classes.

• Responsible for setting up the BFSI Compliance & Regulatory Reporting Digital Platform. Providing thought-leadership & digital advisory services in the Banking, Risk Management & Regulatory Compliance domains to our Banking clients, designing & implementing the Control assessment Framework across geographies.
• Expanding HCL Compliance footprint to global banks & building the revenue pipeline through domain-led delivery
• Single-handedly set-up the BFSI Compliance Practice within HCL, working as a Senior SME and growing to head the Practice
• Responsible for evaluation of partner products and GTM strategy. Also validating solution frameworks in the Financial Crime Surveillance space

• Senior Banking Domain Architect on a treasury transformation engagement involving a leading Global Bank- in the Treasury and global markets space. The engagement comprised of depicting the complex application landscape (over 100 apps) and chalking out the transformation program for the ‘to-be’ landscape (October 2010 at onsite Dublin, Ireland and offshore Bangalore, India)

• Lead Bank Risk SME for a pioneer project in Enterprise Risk Management –implementation of ERM process for a large securities brokerage and back-office in the US (October 2013 to December 2013 at onsite Boston, US)
• Represented HCL @XBRL India conference for seamless Regulatory Reporting digital solutions.

• Banking Domain Architect on a consulting engagement for a leading Global Bank (DB). Identifying the Business, Regulatory and IT challenges across Small Branch operations of APAC regions (November 2009, at offshore- Bangalore India)
• Domain Consultant for one of the largest US-based Energy Utility. Developed an application to capture the Trading profit/loss as well as aligning their risk management system to the new system (April 2008 to November 2008, at onsite -Florida and offsite - Bangalore)
• •Business Consulting for a Global Investment Management Service Firm around GIPS readiness and drawing up of roadmap for achieving compliance (June 2006 to Jan 2008, at offsite Bangalore)
• • Lead Business Analyst for Business Process Improvement analysis for Corporate Actions of an International Central Securities Depository in the US. The project highlighted the major opportunities for enhancing straight through processing, improvements in the exception management processes as well as cost reduction opportunities (Sep 2005 to June 2006, at onsite-New York and offsite- Chennai)
• •Lead the Functional specs & Testing of the Corporate Actions Module, implemented for the world’s largest depository client in the US (September 2005 to June 2006, at onsite-New York and offsite- Chennai)
• •Lead Business Analyst of (formerly) eClearSettle™ (TCS BANCS) for Dubai Financial Exchange and Philippines Depository- an integrated Clearing, Settlement, Depository and Registry system supporting equities, fixed income securities and derivatives (December 2004-Sep 2005, at Chennai)
• •Project Manager for Barclays Retail Banking Project- Transitioned the Small Business Account opening Process and managed a team of 4- 120 associates (from Jan 2004 to April 2004 in Chennai- UK).

• · Provided regulatory (FEMA and RBI) and processing support for Export Trade- Indian Operations. Authorisation of Pre-shipment and Post-shipment credit, month-end reporting (AS400)

• Identified and targeted prospective corporate clients for the Bank.
• Assisted the RM in servicing corporate clients.
• Effectively liaison with the processing team to expedite client service requirements in connection with Export/Import remittances and other corporate products.

• Specialist in conducting diverse audit engagements for Large Foreign Banks ( Citibank, SCB, ANZ, HSBC etc.)