Somashekar M
Driving Value and Innovation in Financial Services | Building Exceptional Teams | Streamlining Processes for Measurable Results| Vice President, Reference Data
- Role
- Vice President at Credit Suisse
- Location
- Bengaluru, KA, IN
- LinkedIn followers
- 500 followers
About Somashekar M
Strive not to be a success, but rather to be of value.\"- Albert Einstein This…
Experience
Vice President
Dec 2019 — Present · Pune, IN
Established 20-member control, quality assurance, and MI teams within a short timeframe and successfully resolved outstanding data quality issues, enhancing control and accuracy. Spearheaded automation initiative for the reference data teams, achieving significant efficiency gains, reduced workforce requirements by 5 FTEs & Increased overall process control. Led and implemented the BCP planning for all teams globally during the COVID-19 pandemic, ensuring operational resilience. Spearheaded Learning & Development workstream, overseeing the rollout of 12 initiatives to enhance employee engagement and learning opportunities. Designed and implemented robust internal control frameworks aligned with regulatory requirements and best practices, ensuring no process deficiencies were identified during SOX and internal audits. Established a system for regular KPI and KRI tracking, providing data-driven insights to stakeholders for informed decision-making. Cultivated a culture of risk awareness, internal controls, and compliance within the team, demonstrably improving operational stability and risk posture. Successfully diagnosed and resolved operational issues by implementing solutions like team alignment, strategic planning, process improvement, and change management initiatives
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