Somasundaram Thirumalai

A seasoned Business Solution Manager / Product Owner with 22+ years of experience across Wholesale and Retail Banking. Strong specialization in Governance Risk Compliance (GRC), Operational Risk, TPRM, Information & Cyber Security, Resiliency, BCM, Regulatory Reporting, BCBS239, Credit Risk applications, and Enterprise Data Platforms. Proven track record in leading large-scale risk transformation programs, GRC migrations, regulatory remediation initiatives, and data governance improvements. Experienced in Agile frameworks, product ownership, data lineage, requirements management, and implementation leadership. Key strengths include translating business needs into technology solutions, ensuring policy alignment, driving system rationalization, leading data strategy, and enabling AI-driven enhancements in risk management platforms.

• Played a key role in rationalizing and digitizing BCBS239 and other risk assessment platforms into ServiceBench and Tableau.
• Led taxonomy simplification of GRC datasets to support AI agents and model mapping, enabling automated risk assessments and control effectiveness checks.
• Documented use cases for LLM training, supporting AI-driven risk insights, automated control recommendations, and GRC workflow optimization.
• Defined data transformation rules and future-state data strategy for the MetricStream M6 → M7 migration, aligning with enterprise operational risk governance.
• Ensured system enhancements adhered to Operational Risk Policy & Framework, reviewing technical solutions and raising challenges where needed.

• Translated complex business processes into user stories, acceptance criteria, and functional specifications.
• Captured requirements for decommissioning legacy GRC systems (M6), ensuring compliance with data retention policies.
• Provided weekly progress updates to stakeholders and PWG members, including senior business leaders.
• Defined reporting KPIs and functional requirements for Tableau dashboards supporting risk, control, and governance insights.
• Created end to end system test plans, coordinated SIT/UAT, and supported post production queries.
• Utilized Agile tools (JIRA, Confluence, Azure DevOps) for backlog management, documentation, and traceability.

• Supported implementation of Incident & Request Management features on ServiceNow, documenting functional requirements.
• Contributed to data migration in Credit Risk products, including data cleanup, mapping, transformation, and reconciliation across legacy and target platforms.
• Authored user stories, updated mapping specifications, resolved customer and position data gaps.