ARUNAVA MUKHERJEE

• Assist Relationship Managers (Director and above) and vendors in filling up the Vendor Inherent Risk Assessment (VIRA) from which determines the Inherent Risk Rating (IRR) and Residual Risk Rating (RRR).
• Lead the end-to-end lifecycle of third-party risk assessments, including VIRA, Due Diligence and Ongoing Monitoring.
• Review, challenge, and approve the VIRA
• Conduct control partner assessments for assigned risk domains
• Validate documents submitted by vendor against the above-mentioned risk domains
• Few examples include – WISP, SOC2, DR Test, Pentest, Lexus Nexus Report, Privacy Policy, to name a few
• Collaborate with procurement, legal, and compliance teams to ensure vendor contracts meet organizational and regulatory requirements.
• Request additional artifacts from vendor if submitted ones do not suffice the risk assessments
• Conduct detailed risk assessments focusing on cybersecurity, data privacy, Operational, Business Continuity, Fraud, Geopolitical, Reputational, Subcontractor
• Conduct pre-findings and findings call with vendor and Relationship Manager once the due diligence assessments are done.
• Complete and attach each assessment in COUPA.
• Report KRI/KPIs on TPRM.
• Involved in controls testing/Internal Audit
• Part of establishing new robust operational processes
• Refer Archer for issues created, application entries, TRO, RTO, etc., to name a few.
• Perform ongoing monitoring tasks – SOC2, Exit Strategy, Vendor Performance Scorecard.
• Validate artifacts submitted by Relationship Managers for ongoing monitoring tasks, challenge if any gaps noticed and approve them.
• Conduct regular training sessions to educate internal stakeholders on third-party

• Manage the APAC & Country Level governance supporting the adherence of the Third-Party Risk governance framework and Regulations for the legal entities
• Partnering with the Legal Entity COOs in leading the Regional & Country Outsourcing Governance Committees (OGC’s) in APAC, in line with local regulatory requirements focusing on Outsourcing arrangements (both external & internal)
• Responsible for Oversight & Governance of Legal Entity Outsourcings across all functional areas of Credit Suisse in APAC
• Support onboarding of third parties in database with documented evidence to confirm adherence to Group Policy & Regulatory requirements
• Primary SME in APAC for Outsourcing related process, policy, strategic tools & regulatory awareness of outsourcing requirements (including regulatory requirements) for APAC region
• Key role requiring close engagement with Country COO’s,2LoD,3LoD and divisions across the bank
• Conduct governance forums including setting meeting agenda/required materials & maintaining discipline around governance
• Drive required engagements with Risk & Controls Team (1LOD &2LOD), all Business & Corporate Functions & Country COO’s
• Review New Outsourcing arrangements & identify risks/co-ordinate with various stakeholders & provide approvals
• Maintain central repository of relevant documentation/evidence for OGC materials, Approvals, Communications, Outsourcing inventory
• Co-ordinate across divisions, global framework leads, Compliance & Country COOs for regulatory submission (MAS, HKMA, RBI) of outsourcing inventory
• Collaborate with APAC Regional COO & Country COOs in planning and managing audits (internal/external), regulatory inspections/enquiries by engaging with functions & other stakeholders
• Monitor key metrics/services/Incidents pertaining to Outsourcing arrangements in APAC (including metrics reported in regional/country governance forums)

(Static Data) –

• To maintain the static and pricing data in the internal system to facilitate the downstream users for trades bookings i.e., FO, MO, trading desk and other teams
• Setting up of a variety of new securities in the system such as bonds, stocks, rights, futures, warrants, structured products
• Conducting month end checks on interest rate, income start date and first pay date reports
• Liaise with different team to facilitate smooth running of the function
• Attend stakeholder calls to get and provide updates and have control checks over any of the ongoing issues
• To keep a track of the data notifications from vendors like Bloomberg, Six Telekurs and Refinitiv to maintain good data quality and adhere to business rules simultaneously
• Reviews any controls & governance reporting and meetings, and provides feedback to the Vendors
• Review incidents and ensures transparency on identifying control failures and remediation plan wherever necessary, propose remediation plans and provide update to CS business / functional heads

Responsibilities (Pricing) –

• Administer the daily pricing process for APAC clients from Bloomberg, Telekurs and Refinitiv as the pricing sources
• Perform Price Tolerance Report on a daily basis to check validity of prices and investigating large price variations
• Handle price escalation and queries from clients, internal teams
• Liaising with onshore team members to ensure smooth functioning of the global pricing team
• Daily check for large price movement & stale price for all the required securities.

• Coordinating with Accounting, Private Loan Servicing Claims, ARM and Repurchase department for correction of MSP data and system records to remove bottlenecks in the overall system
• Reporting and Analysis of monthly remittance statements and delinquency reports by providing a detailed breakdown (Cash flows) on the performance of a particular portfolio of an Investor for Secured as well as Flow deals
• Investment grade bond valuation by forecasting the Cash inflows on a portfolio in consideration to the delinquency of the borrowers
• Treasury and Fund Management Transfer of funds in and out of various custodial accounts of OCWEN and the Trust
• Cash Flow Audit Execute fund movement audits to analyse and clear variances during this transfer
• Root cause analysis of reconciling differences and determine process defects
• Variance Analysis of expected and actual cash flow
• Service Release Reconciliation Preparation, analysis and reporting of Service Release Reconciliation Report and clearing of outstanding funds with new servicers and investors
• Working with Investor Automation group on SQL queries execution and testing
• Initiating Process improvement activities and identifying control points in order to reduce the chances of error and required time to perform particular activity with the help of Automation team.