NIYATI BHATNAGAR

As Assistant Manager at State Street India Private Limited, I have focused on risk and controls within the financial services sector to support compliance across multiple departments and strengthen governance since 2025-01-06. I apply intellectual curiosity and analytical thinking to identify improvement opportunities and support informed decision-making across the team.

- I developed a solid understanding of risk and controls within the financial services sector, which enhanced compliance across multiple departments and improved operational integrity.
- I assessed the effectiveness of controls to ensure alignment with regulatory requirements and corporate policies, thereby strengthening the overall governance framework within the organization.
- I applied intellectual curiosity and analytical thinking to identify areas for improvement, contributing to more informed decision-making processes that benefited the entire team.
- I communicated effectively in both verbal and written forms with internal stakeholders, including senior management, fostering strong professional relationships that supported collaboration and project success.
- I organized and managed multiple tasks simultaneously in a fast-paced, deadline-driven environment, ensuring that all projects were completed on time and to a high standard.
- I prioritized competing tasks effectively, demonstrating adaptability while maintaining focus on meeting deadlines, which helped the team stay on track.
- I utilized proficiency in Microsoft Office Suite (Word, Excel, Outlook) to streamline reporting processes, making data management more efficient and user-friendly.
- I embraced self-motivation and a commitment to ongoing learning, which supported personal and professional development within the role and encouraged a culture of growth.
- I trained four new joiners, which led to efficient completion of on-the-job training and quicker integration into the team.

• Hit target utilization rates for 96% of junior staff members by conducting various workshops for 20+ new joiners in the control organization.
• Currently supporting the Commercial Banking business group of Wells Fargo to assess the risk mitigating controls in place. Evidence Based Controls Evaluation and Risk and Regulatory reporting.
• Supported the first line of defense for a large multinational bank's Commercial Banking business group in evaluation
• Controls. Performed design and performance evaluation of controls mitigating operational risks. Assessment of end-to-end control lifecycle and evaluation of controls based on past performance utilizing various sampling techniques such as Random Sampling and Stratified Sampling. As part of the engagement, evaluated controls related to Investment Risk and Portfolio Analytics and Electronic money Movement Activities.
• Create process documentation and data flows of Regulatory reports like Stress Testing, Recovery Plan, Mortgage Loan Non-Mortgage Loans, Allowance for ECL etc. Enabled end-to-end transparency into the data and process supply chain of reports. Performed a review analysis of data elements, data sources and processes for the regulatory reports. The engagement included in depth analysis of regulatory data elements, process gaps and communicating the findings with different stakeholders.
• Analysis to track and monitor the market statistics and transition from LIBOR to Alternative Reference Rates. Perform trend analysis and exploratory data analysis of financial products such as bonds, swaps and futures covering the global capital markets, interest rate benchmarks and transition to Alternative Reference Rates.
• Evidence Based Control Evaluator (EBCE), in a Risk Assessed Unit (RAU), to comprise multiple Risk Instances containing Key and Non-Key Controls at Operational Level for a US Multinational bank.
• Key Responsibilities as an EBCE Senior specialist:
• Evaluating Control Design: Determining whether key controls (or non-key controls in the absence of key), as designed, could prevent or detect an error or event, which could give a rise to the realization of an operational risk.
• Evaluating control performance: Determining whether key controls (or non-key controls in the absence of key) operates to a level of repeatable precision such that they can be relied upon to mitigate operational risk.

• Since December 2022: Advisory Associate Solution Advisor (Risk and Financial Advisory)
• Solution advisor in Financial Services Industry. Demonstrated experience in Risk Analytics, Evidence Based Controls Evaluation and Risk and Regulatory reporting.
• Supported the first line of defense for a large multinational bank's Wealth & Investment Management and Commercial Banking business group in evaluation of controls. Performed design and performance evaluation of controls mitigating operational risks. Assessment of end-to-end control lifecycle and evaluation of controls based on past performance utilizing various sampling techniques such as Random Sampling and Stratified Sampling. As part of the engagement, evaluated controls related to Investment Risk and Portfolio Analytics and Electronic money Movement Activities.
• Created process documentation and data flows of Regulatory reports like Stress Testing, Recovery Plan, Mortgage Loans Non-Mortgage Loans, Allowance for ECL etc. Enabled end-to-end transparency into the data and process supply chain of reports. Performed a review analysis of data elements, data sources and processes for the regulatory reports. The engagement included in depth analysis of regulatory data elements, process gaps and communicating the findings with different stakeholders.
• Analysis to track and monitor the market statistics and transition from LIBOR to Alternative Reference Rates. Performed trend analysis and exploratory data analysis of financial products such as bonds, swaps and futures covering the global capital markets, interest rate benchmarks and transition to Alternative Reference Rates.
• April 2022-November 2022: Worked as a Tax Consultant for International Compliance.
• From May 2021-March 2022 Assisted as Evidence Based Control Evaluator (EBCE), in a Risk Assessed Unit (RAU), to comprise multiple Risk Instances containing Key and Non-Key Controls at Operational Level for a US Multinational Bank.
• Key Responsibilities as an EBCE:
• Evaluating Control Design: Determining whether key controls (or non-key controls in the absence of key), as designed, could prevent or detect an error or event, which could give a rise to the realization of an operational risk.
• Evaluating control performance: Determining whether key controls (or non-key controls in the absence of key) operates to a level of repeatable precision such that they can be relied upon to mitigate operational risk.

• In Retail Operation, New Pension Clients accounts, (Retail & Advised Clients) are opened after performing certain checks within defined time around time.
• Client verification is main focus, to comply with Money Laundering, Terrorist Funding and minimizing the Financial Theft. Liaise with Legal, Independent Financial Advisers and UK counterpart on daily basis.
• Trainings:
• Accountability and Ownership
• Data Protection
• Fraud Awareness
• Business communication
• Decision Making
• Difficult Interaction
• Creativity and Innovation
• Writing Skills
• Customer Focus
• Achievements
• While working with RPT I implemented two ideas which was mostly related to process enhancement.
• Thunderhead Letters: With the help of UK team (Michal, Tom, Chris), we discussed all the possible ways in which thunderhead letter could be enhanced that would lead to a better customer experience. With the help of the team, we were able to make the required changes and the changes were live within 2 days and now the process is working in the best way possible.
• EAGER Report - During my earlier day when I got the responsibility to work with the EAGER checks I encounter a few problems associated with the report and with the help of support team the required changes are made to the report and the idea has been implemented and I with support team is currently working further on enhancing the report more.
• Received two High Five Award for excellent work.
• Received appreciation emails from UK counterparts.