Somdeb has extensive experience in implementing regulatory risk and capital frameworks including Basel III and IFRS 9 for banks and financial institutions across India, the Middle East, Europe and Asia Pacific. At KPMG in India, he has led large multi year regulatory, digital and risk transformation engagements for public sector banks, private banks and NBFCs, covering regulatory readiness, digital enablement of risk functions, integrated risk management frameworks, Expected Credit Loss (ECL) models, stress testing and risk analytics.
He has led the design and implementation of integrated risk management frameworks for multiple NBFCs and banks in India and has driven risk implementations for banks, finance companies and regulators across Middle East and Asia Pacific countries, including development of customised ECL models and technology enabled credit risk solutions. He has also advised regulators on Risk Based Supervision, acting as Subject Matter Expert and Quality Assurance Partner for RBS implementation.
Somdeb has worked with the CRO’s office of a large European bank in India, supporting regulatory interactions, enterprise risk governance, digital risk reporting and risk appetite framework implementation, and has led end to end CCAR implementation for a European bank’s Intermediate Holding Company.