Hi, I’m
Saptarshi Sen
Financial Services Technology
Rockville Centre,NY
Summary
Experienced and strategic IT leader with a 20-year track record of successfully spearheading strategic and tactical technology initiatives. Demonstrated expertise in managing large-scale transformation projects, including compliance solutions and blockchain technology, while ensuring alignment with US regulations. Known for effective communication, team building, and coaching skills, with a strong commitment to fostering the company's vision and cultivating a professional culture based on trust and mutual respect.
Overview
20
years of professional experience
2
Certifications
Work History
Flagstar Bank, NY
Senior Director, Financial Crime Compliance
01.2016 - Current
Job overview
- Directed and streamlined the due diligence process for a significant bank merger, integrating disparate data sources and AML applications, which substantially optimized operational efficiency, reduced operating cost and enhanced overall compliance program.
- Developed comprehensive vendor sourcing proposals and conducted thorough best fit assessments, overseeing vendor relationships for critical projects to ensure optimal resource allocation and strategic alignment
- Led the comprehensive management of a groundbreaking digital transformation and blockchain project, collaborating with executive-level stakeholders to pioneer innovative solutions in financial crime risk management
- Directed the implementation of an enterprise-wide on-cloud digital banking AML systems conversion program, encompassing customer onboarding, customer risk rating, and transaction monitoring, as measured by achieving full compliance with BSA regulatory stipulations, by strategically overseeing the project from inception to successful execution
- Spearheaded a team of 9 data scientist and AML systems specialist to support, configure and tune the AML and Sanctions screening models, ensuring comprehensive risk coverage while maintaining system efficiency
- Achieved a significant reduction in back-office processing time by 160 hours per week, by leading a robotic process automation program for enhanced high-risk customer screening
Deloitte
Manager
01.2015 - 12.2016
Job overview
- Ensured seamless implementation of global 'Know Your Customer' KYC program for leading retail banks by collaborating with Technology and Operations teams to structure user-acceptance criteria and test strategy
- Supported end-to-end management of diverse projects with 10+ cross-functional client teams and two vendors by envisioning strategic plans and steering resource allocation optimization strategies
- Directed distributed teams on delivering leading-edge technical solutions and specialized in vendor sourcing, negotiations, and delivery management
- Built consensus with C-Suite stakeholders to promote transparency and influence positive change
- Planned and executed executive program and business advisory for $4.9M FinTech company to create impactful operational model and executive rollout plan
- Oversaw the development of innovative customer risk models and proposed AML models to ensure strict compliance with regulatory guidelines for multiple financial institution clients
- Provided inspirational leadership to a team of 16 professionals on driving 2-year technology roadmap for a $1.6M enterprise application integration child welfare project
Deloitte
Senior Consultant
01.2012 - 12.2015
Job overview
- Achieved savings of $100K in violation penalties by spearheading full life cycle management of multifaceted $1M healthcare compliance project, including integration of critical disparate systems spanning 5+ key stakeholders, remote vendors, and three technologies
- Orchestrated robust plans to finalize project deliverables with predefined time and financial constraints
- Designed and delivered a 24% operating cost saving vendor operations strategy to client's executive leadership utilizing outstanding analytical proficiencies
- Led seamless execution of multi-staged vendor program with global teams to produce more than $500K incremental revenue and drive overall business growth
Deloitte
Consultant
01.2010 - 12.2012
Job overview
- Optimized efficiencies across wide range of projects by 15% through leading development of a scalable transformation model and data extraction toolkits for small bank merger/ acquisition scenarios, utilizing real-time banking data patterns
- Cultivated positive rapport with key clients through identifying and addressing individual needs and concerns
- Directed end-to-end management of risk avoidance advisory program through robust practices to avoid future bank failures using detailed data analysis and interviews with 100+ clients across 18 failed community banks
Education
Sikkim Manipal Institute of Technology
Bachelor of Technology from Computer Engineering
Skills
Technology Solutions Data Analytics and ModelingBSA AML ComplianceFinancial Crime TypologiesBlockchain Technology
Core Competencies
- AML Technology Solutions
- Data Analytics and Modeling
- BSA AML Compliance
- Financial Crime Typologies
- Blockchain Technology
- Team Building and Leadership
- Full Life Cycle Product Management
- Process Redesign / Automation
- Senior-level Reporting / Presentations
- Risk Identification and Mitigation
Certification
Certified Scrum Master
Publications
Acquirers of Failed Banks Key Perspectives, white paper, Co-authored and presented it to the national group of federal practitioners. Awarded for the innovative insight on failed financial institutions.
Accomplishments
- Consistently rated in top 1-2% performers at Flagstar for past 8 years
- Received four 'Outstanding Performance Award' for innovative client contribution at Deloitte
Timeline
Senior Director, Financial Crime Compliance
Flagstar Bank
01.2016 - Current
Manager
Deloitte
01.2015 - 12.2016
Senior Consultant
Deloitte
01.2012 - 12.2015
Consultant
Deloitte
01.2010 - 12.2012
Sikkim Manipal Institute of Technology
Bachelor of Technology from Computer Engineering
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