براتيك كومار

• Leading the Risk function with direct reporting to CEO and Audit and Risk Committee
• Develop and implement the Risk Management Framework, Internal Governance Framework, Business Continuity Framework and Crisis Management Procedures
• Implement Risk Management initiatives as per the long-term Risk Strategy
• Perform risk assessments to identify inherent risks, control assessment and residual risks to develop a comprehensive Risk Register including Key Risk Indicators
• Develop and monitor the organization’s Risk Appetite statement on a monthly basis
• Engage with Big 4 to develop an annual risk based internal audit plan, and execute periodic internal audits ensuring reporting to the Management and Audit Committee
• Prepare internal audit / risk presentations for BoD and Audit and Risk Committee
• Participate in the Audit and Risk Committee presentations on a quarterly basis
• Engage with Business and Support Heads as member of internal committees challenging the management of current issues and implementation of strategy
• Perform Internal Control Reviews across processes and departments to identify process control gaps and risks against internal policies and procedures and best practices
• Conduct semi-annual Risk Awareness sessions for all employees and vendor firms

- Manage the development and implementation of enterprise risk management policies, framework and processes for the Bank.
- Implement controls to minimize potential losses, support in the Bank Quarterly return process, preparation of capital calculation results, capital plan and risk management framework for ICAAP submission, preparation of the bank’s external disclosures and the Basel Supervisory review of CBUAE.
- Manage and collate the bank wide stress testing of risks, including scenario development, aggregation, measurement and reporting (including Stress Testing policy development and ongoing review)
- Provide support in IFRS related implementation and on-going support to finance from risk in case if there is any new accounting requirement.

- Perform market risk capital adequacy calculation for Basel III Pillar I, Pillar II or ICAAP capital
adequacy based on all additional assessed risks, stress testing on bank’s capital adequacy on Pillar I
(Credit, Market, Operational) and Pillar II risks. Update bank’s ICAAP Policy and Stress Testing Policy.
- Conduct periodic Pillar 1 Credit Risk Stress Testing exercise along with Pillar 2 calculations for Credit
Concentration Risk for obligor and economic sector. PD figures from S&P are used for the calculation
of secured and unsecured NPLs across various stress scenarios.
- Develop working knowledge of IFRS 9 and involved in the Project Management team to help the bank
transition towards IFRS 9.
- Design and implement frameworks for market & liquidity risk and risk middle office. Design and verify all market risk and ALM models for calculation of VaR, EaR, Rate Sensitivity, CVA and other risk metrics.
Design the process of limit monitoring for treasury and investment activities, and report to ALCO.
- Led the project for transition of AMBIT Focus system from Group Office to other locations to setup
processes for calculation of rate-sensitive assets and liabilities along with maturity ladder, calculation of
profit rate risk in banking book and DV01 calculations. Develop periodic risk reports for submission to CBK, ALCO, and Board Risk Committees.
- Monitor bank’s liquidity risk profile using rate-sensitive asset-liability gap analysis. Conduct liquidity
stress tests to assess bank’s liquidity strength in case of various liquidity shocks including counterparty
defaults, deposit withdrawals, etc. Develop end to end model to perform daily Liquidity Coverage
Ratio (LCR) and daily Net Stable Funding Ratio (NSFR) calculations for regulatory submission to
Central Bank of Kuwait (CBK).
- Monitor interest rate risk in bank’s banking book using ‘economic’ as well as ‘earnings’ perspective.
Perform sensitivity analysis or DV01 calculations.
- Perform review of credit risk proposals for the purpose of establishment and renewal of FX, MM
Placement and Nostro limits for FI counterparties for the bank.
- Monitor Bank’s risk exposure as a result of Treasury activities - bank & country limits, currency
positions, stop loss limits, derivative exposures and MTMs, valuation of forward contracts, FX VaR,
intraday & end of day trading positions, end of day treasury deal reviews, etc. Prepare daily, weekly and
monthly reports on Treasury activities to be presented to Senior Management and Group.
- Develop CAMEL BCOM Model and perform calculations to assess the bank’s overall condition.
- Development of Risk & Control Self Assessment (RCSA) documents for multiple departments in the
bank including Market Risk and Treasury Middle Office. It includes the development and monitoring
of key risk indicators for the identified risks

Involved in the review and implementation of ICAAP and Stress Testing models of a leading
conventional bank in Kuwait against leading industry practices. The project involved development of
capital calculation methodologies and models for Pillar 2 risks such as Name / Sector Concentration Risk,
Interest Rate Risk in Banking Book, Liquidity Risk, Operational Risk, Legal Risk, Reputation Risk,
Strategic Risk, Residual Risk, Country Risk and Counterparty Credit Risk.
 Helped in setting up the Market Risk Department of a leading Investment Company in Kuwait; managed
the department from the client office for 10 months before transitioning it to internal resources.
Development of complete market risk monitoring and reporting (including VaR, limit monitoring,
etc.) structure which includes design of key monthly financial risk reports for senior management.
 Conducted risk assessments for leading Investment Companies and the Clearing Corporation across
following risk categories: Market, Investment, Liquidity, Interest Rate, Operational and Legal &
Compliance, and created periodic risk reports for the firms to be submitted to Kuwait Capital Market
Authority as a regulatory exercise.
 Worked with the Market Risk Unit for a leading bank in Bahrain on a secondment project. The
responsibilities included preparation of daily Market and Liquidity Risk reports for the management,
review of the ICAAP and Stress Testing framework, and development of templates related to liquidity
ratios such as LCR and NSFR.
 Developed the framework of Market and Liquidity Risk reporting for various Financial Services
companies in Kuwait for the purposes of regulatory reporting.
 Developed the Enterprise Risk Management Framework for Kuwait Clearing Company. It included
the development of Risk Governance Structure, Strategy, Policy & Procedures, Risk Assessment
Methodologies, Reporting Templates & Enterprise Risk Registers for all business & support departments.
Condcuted a benchmarking of Risk Assessment Models adopted in leading jurisdictions and developed a
risk assessment model for Capital Markets Authority, KSA to risk profile 85 Authorized Persons
(financial services firms) within Saudi Arabia. The developed model is used to calculate risk scores for each
firm using Impact and Likelihood Scores for relevant factors.
 Involved in the development of Risk & Control Self Assessment (RCSA) registers for all departments
within National Bank of Kuwait Capital Investment Company.
 Conducted an Internal Control review exercise (Inherent Risks & Internal Controls) for all functions
for Bank Muscat, KSA and National Bank of Bahrain, KSA. It included the review of Corporate
Banking, Credit Administration, Retail Banking, Treasury, Finance and all support functions of
the Bank. This exercise was conducted to ensure the bank’s compliance to Saudi Arabian Monetary
Authority’s (SAMA) regulations related to Internal Control Framework.
 Involved in business development initiatives for the firm through preparation of business proposals
(both technical and financial) along with delivering presentations to the clients.

Worked with the Strategic Change Group (Project Management Office) of a Big 4 Bank as a Project
Manager / Consultant for a Global project spread across AMERICAS, EMEA and APAC. The project
dealt with cleansing of all Ref Data records in 9 different systems being used by the Bank and automating
the procedures to ensure smooth functioning in the future.
 3 month Onsite Consulting project with a Big 4 bank - Worked as a Project Manager to modify
existing workflows, create & streamline processes to enable bank to go live with Clearing house for
Interest Rate Derivatives. Responsibilities involved project management, liaising with different functional
groups to create project plans comprising Action points & timelines and working with the groups to guide
activities to completion.
 Successfully transitioned and deployed 7 Derivative operations processes with a cumulative headcount
of approx. 95 FTEs for FED 16 Clients. This involved end to end process design and implementation
ranging from understanding of requirements, regular discussions with Senior Management in Client Bank,
process workflow design, Tech development and final deployment with regular MIS generation.
 Credit, Interest Rate and Equity Derivatives - Inter System Reconciliation Process Management:
Aims at mitigating operational risk that could arise due to mismatch in entries, for certain trade parameters,
between clients’ systems. These could be booking or risk systems. It involves parameterized reconciliation
of all the trade level data between the booking and risk systems to ensure congruency of data, alongwith
daily and monthly report and metrics generation, reconciliations and resolution of breaks.