VIKAS SANGHI

• Monitored industry regulations for compliance requirements pertinent to Wells Fargo.
• Generated alerts regarding changes in Laws and Regulations.
• Created Major Compliance Records (MCRS) using the internal tool with relevant citations.
• Ensured completeness, timeliness, and accuracy of regulatory inventory.
• Regularly adhered to requests from LOB for updates in regulation changes.
• Generated metric-based MI to inform senior manager's decisions.
• Supplied feedback for process enhancements.
• Engaged in User Acceptance Testing for internal applications.

Assistant Vice President - Non-Financial Regulatory Reporting (NFRR) Control and Delivery (Promoted to Sr. Manager and AVP in the same role)

• Leading end-to-end Governance of Global NFRR inventory of ~2900 NFRR’s including 41 TRCG related reports
• Ensuring the Completeness, Accuracy of NFRR inventory
• Ensure proper controls are implemented per the Enterprise Data Management policy and Risk Management Framework
• Review Laws, Rules & Regulations, Assess the impact on NFFRS by partnering with LOB, Compliance 1st & 2nd LOD.
• Resolve complex issues by arbitrating the disputes at the “Dispute Forum” which has representation from Support Teams (Global Compliance, LOBs, and Enterprise NFRR team)
• Designed framework to align with Enterprise policy to report Metrics, monitoring Process effectiveness.
• Drive the Annual attestation of the inventory for the Sr. management and execute all the changes highlighted in the attestation.
• Rolling out Monthly Production Health Survey to record the Pre and Post breaches like Completeness/ Accuracy and Timeliness
• Analyzing Errors and enquiries logged by Report Preparers
• Formulating Metrics for Late Report registration, Resubmission, Late submission of reports to regulators
• Lead Regional Steerco’s and maintain minutes of meeting.
• Track, Monitor, Investigate and Report the Audit / Self-identified issues linked to the NFRR reports until they are remediated.
• Partnering with LOBs at regular intervals to analyze and present the changes in the Enterprise Policies and Framework
• Managing Sr. stakeholders by thoughtful communication that builds a strong brand value of the function.
• Producing essential MIS, Dashboards and Risk Metrics to report the overall health of the process.
• Revamped the approval process from 12 to 2 approvals, by partnering with Global Stakeholders for inventory change control process. This has reduced change control timelines from 17 days to 8 days and reduced the risk by introducing key approvers to the approval flow.
• Driving the continuous improvement of processes and controls through Operational Excellence to bring reporting in line with non-financial regulatory reporting (NFRR) global standards.
• Successful migration of Legal Entity name change project in SOR like (Applications used, Vendor Documents, Internal Presentation, Regulatory Reports etc) over the span of 1 year.
• Lead IBOR impact project across Global Banking and Global Markets NFRRs
• Promoted to Asst. Vice Presidents role in 2022 from Sr. Manager. This was gratulation elevation from Sr. Managers role for the various initiatives taken and maturity demonstrated in driving the process.

• Involved in Commercial Banking analysis, Reporting and Data Management.
• Accountable for reporting Flash and Actual numbers for all revenue, cost, and BS items.
• Cost analysis, including cost allocation of Direct and Indirect cost
• Calculation of cost estimates for cost flash reporting
• Perform reporting of comparing actual and flash with the plan & provide commentary on major variations.
• Develop plan to ensure the plan and forecast numbers are submitted in the system after business approvals
• Credited for design, development, and delivery of MI reports with the prescribed format & standard quality
• Leverage broad competencies in preparing the customer profitability report to provide the correct position for the Relationship managers’ scorecard.
• Commended for initiating and executing process improvements and automation of reports.

• Guided and mentored the team to prepare the trend analysis report as required by the business on a monthly basis.
• Employed strong leadership skills in providing solutions for the ad-hoc requests and queries from the business partners.
• Initiated action to strategically plan and implement the systems, policies, and procedures to initiate and control finances, projected towards organizational goals to maximize profitability and generate revenue.
• Systematized accounting procedures involving the finalization of the balance sheet and compliance with internal and external audits.
• Coordinated efforts to prepare exception reports after submission, and reconciling the numbers in different systems.
• Put in distinguished efforts to ensure that SOPs were documented clearly, explaining the process and troubleshooting.

• Held accountability for financial reporting, analysis, and regulatory reporting.
• Responsible for the consolidation of financial statements, preparing the statutory accounts, and a trial balance statement on a monthly basis.
• Led the team in calculating the employee stock option shares and releasing the shares on a FIFO basis.
• Proactively contributed to share buyback reconciliation, balance sheet review with commentary, and P&L analysis.
• Exercised a solutions-oriented approach in problem-solving and finding quick solutions to all ad hoc issues on a daily basis.
• Nominated for reporting to the United States Department of Commerce for revenues generated from the sale of products, and segregating them based on the nature of products purchased or manufactured.
• Achieved efficiencies in reporting the capital and R&D expenditure, and areas of expenditure.
• Contributed to the report on royalties' income and expenditure, gross wages, and the total headcount reporting.

• Primarily tasked with accounts payable, regulatory reporting, and risk-weighted assets reporting.
• Entrusted with the onus of monthly and weekly RWA submission from the various sites, as per schedule.
• Worked collaboratively to submit the Country Exposure regulatory report to the Bank of England.
• Proficiently oversaw the consolidation and reconciliation of RWAs at the group level for various businesses.
• Played an instrumental role in trend analysis, analyzing, and investigating the numbers, and providing commentary for the major variances in the reports.
• Applied advanced knowledge of various financial acts and regulations, as well as knowledge of accounting principles, standards, and practices, while interpreting and applying legislation to determine its impact on the business.
• Additionally, I am responsible for seeking the timely submission of data from various sites, consolidating data at the group level, reconciling numbers, checking the accuracy of the numbers, and responding to the queries raised by the BOE.