Souvik Dey
Cary,NC
Summary
Chartered Accountant with experience in banking and consulting, focused on Basel reporting, regulatory policy, RWA stress testing and business analysis. Experienced in capital frameworks, delivering analytical insights and practical solutions to improve capital efficiency and regulatory outcomes.
Overview
24
24
years of professional experience
Work History
Vice President
SMBC
Cary/Charlotte
03.2023 - Current
- Support development and maintenance of regulatory reporting policies by drafting, analyzing and presenting key rules and interpretations under U.S Capital Rule
- Provide subject matter expertise and interpretative guidance on complex regulatory and capital matters, including the preparation of internal position papers, policy interpretations, and regulatory memoranda to support business and regulatory decision-making.
- Provide guidance on Basel capital regulations, Risk Weighted Assets (RWA), and capital requirements, supporting firm wide initiatives related to RWA optimization, capital management, and regulatory compliance..
- Provide guidance on capital and regulatory implications related to new products and transactions to ensure alignment with applicable regulatory requirements.
- Analyze proposed Basel regulations, communicate impacts on RWA and capital requirements, and represent the organization in industry discussions and advocacy efforts.
- Participated in Global Japan program at Tokyo Head Office, supporting group wide RWA optimization initiatives mainly related to US exposures
Vice President
Credit Suisse
Raleigh
01.2016 - 03.2023
- Managed a team responsible for group and parent RWA reporting on daily, weekly, monthly, and quarterly intervals.
- Evaluated and articulated RWA movements to senior management for informed decision making.
- Facilitated comprehensive analysis and impact assessments of RWA for diverse stakeholder groups.
- Managed projection of RWA for FINMA stress testing and Recovery and Resolution Planning (RRP).
- As a Basel SME, participated and contributed to projects and initiatives related to RWA and Capital Reporting
- Participated in the new transaction forums to assess feasibility of the transaction from RWA and Capital standpoint.
Industry Consultant
SAS Institute
Raleigh
08.2014 - 12.2015
- Manage the build of a regulatory solution for small and medium sized Banks in the US
- To remain updated with upcoming regulatory changes and strategize to enhance the solution as relevant
- Work closely with technology team and actively participate in the implementation and or enhancements of features in the solution
- Actively participate in pre-sales activities to respond to RFP s and demonstrate the solution.
Assistant Vice President
Bank of America
Charlotte
03.2011 - 07.2014
- Set up infrastructure and processes for Basel Pillar III Disclosures under US Final Rules
- Work closely with the calculator team and lines of business team to source data required for Pillar 3 disclosures
- Analyze and explain moves to senior management
- Actively participate in projects to set up the framework for Basel Pillar 3 Disclosures.
Principal Consultant
Oracle Financial Services
India, USA
03.2006 - 03.2011
- As a Principal consultant participated in multiple projects in risk and finance space
- Some key projects include: 1) Global Liquidity reporting and monitoring project with a large bank in the US
- Prepare Business Requirements for building Liquidity Premium functionality within Transfer Pricing System including design of new reports
- Prepare process flows to suit the requirements
- Build test cases and perform UAT testing
- 2) Basel II data requirements and architecture project with a large bank in the US
- Conduct Business requirement workshops to identify key business requirements for the Basel II work streams in the bank, covering retail, Equity, Securitization, RWA, Pillar III, Regulatory Reporting and Operational Risk
- Develop a comprehensive data dictionary to meet the requirements under US final rule
- Mapped the data identified with various requirements under US Final Rule
- 3) Basel II data and process gap project with a big bank in Hong Kong
- Conduct Workshops to identify key business requirements for Basel II IRB approach
- Study and evaluation of Risk Architecture, risk policies, procedures of the Bank to identify the gaps in meeting requirements for Basel II IRB Compliance
- Develop a comprehensive data dictionary to meet requirements under Basel II IRB approach
- Develop process and data gap report as applicable to the Bank.
Credit Risk Manager
Standard Chartered Bank
India
01.2005 - 02.2006
- Perform Analytical Review and provide decisions on the credit proposals of small and medium business Loans
- Manage a team of credit analysts in day-to-day credit appraisal function including credit scoring, MIS, Financial Analysis and Reporting.
Credit Risk Manager
ICICI Bank
India
09.2002 - 12.2004
- Perform Analytical Review and provide decisions on the credit proposals of Personal Loans
- Manage a team of credit analysts in day-to-day credit appraisal function including credit scoring, MIS, Financial Analysis and Reporting.
Education
Chartered Accountant -
Institute of Chartered Accountants of India
Bachelor of Commerce -
Kolkata University
Skills
- Basel Regulation and Framework
- Projections and Stress Testing
- Credit Risk Management
- Liquidity Risk
- Governance and Control Framework
- Data Analysis
- Basic SQL and Data Storage
- Microsoft Office Suites
Timeline
Vice President
SMBC
03.2023 - Current
Vice President
Credit Suisse
01.2016 - 03.2023
Industry Consultant
SAS Institute
08.2014 - 12.2015
Assistant Vice President
Bank of America
03.2011 - 07.2014
Principal Consultant
Oracle Financial Services
03.2006 - 03.2011
Credit Risk Manager
Standard Chartered Bank
01.2005 - 02.2006
Credit Risk Manager
ICICI Bank
09.2002 - 12.2004
Bachelor of Commerce -
Kolkata University
Chartered Accountant -
Institute of Chartered Accountants of India
City
Cary