Sumit Raina

About Sumit Raina

Leadership | Financial Analysis | Financial Reporting | Regulatory Reporting | FR Y-14Q | Basel regulatory compliance - Standardized and Advanced approaches | Data Remediation | Risk Weighted Assets - RWA | Credit Risk Reporting | FFIEC 101 | FR Y-14M | FR Y-9C | Pillar

Experience

1. Senior Vice President, Data Manager

   Bank of America

   Oct 2017 — Present · Charlotte, NC, US

   In a data management leadership role responsible for preparation and review of FR Y-14Q regulatory submission (schedule-H) for corporate loans & leases (~$1T commitment portfolio) for the firm. Manage a team of associates to produce a highly time sensitive and critical regulatory disclosure to the Federal Reserve.• Lead the implementation of enterprise wide data management & remediation projects with regulatory reporting impacts. The projects typically involve working in collaboration with multiple technology and cross functional teams within the firm to provide expertise and leadership while representing regulatory reporting perspectives. • Extensive experience in leading teams to address regulatory consent orders pertaining to MRA/MRIA remediation endeavors for the firm. The effort involves preparing dynamic project plans, managing resource allocations and prioritizing deliverables needed to meet competing goals. The leadership I provide towards timely implementation of data remediation efforts is instrumental to firm’s successful response to the regulatory consent orders.• Designed and built the ‘last mile’ reporting infrastructure and data quality checks on regulatory disclosures prior to their submission to Federal Reserve. The suite of reports built on SAS platform have been instrumental in identification and timely remediation of material data quality issues and significantly contribute to improving the quality of data being delivered to FRB.• Strong capability with proven leadership skills in developing and presenting detailed financial analyses to higher management while offering multiple possible courses of action to support decision making.• Extensive experience in leading automation projects specific to financial reporting. Played a key role in helping automate the regulatory reporting of syndicated fronted commitments thereby eliminating 2-3 weeks of manual data preparation efforts for the firm.

Education

• Questrom School of Business, Boston University

  Master of Business Administration (MBA), Strategy and Business Analysis

  2009 — 2011

• Delhi Public School Vasant Kunj

  AISSCE, Secondary Education

  1998 — 2000

• V.J.T.I, Mumbai

  B.E., Electrical

  2000 — 2004

Skills

• Data Analysis
• Analytics
• Basel Ii
• Market Research
• Business Analysis
• Project Management
• Management
• Finance
• Portfolio Management
• Bloomberg
• Basel I
• Teradata Data Warehouse
• Sql
• Financial Modeling
• Quantitative Analytics
• Software Project Management
• Banking
• Analysis
• Teradata Sql
• Teradata
• Market Risk
• Financial Analysis
• Financial Risk
• Core Banking
• Leadership
• Requirements Analysis