Sukanta Ghoshal

Establish and lead the enterprise-wide AI Safety framework, enabling end-to-end oversight, material change management, and ongoing monitoring—including third-party systems.

• Drive centralized risk and control capabilities, facilitate the AI Safety Councils, and ensure strategic governance through SteerCo escalation and issue resolution.
• End to End enablement and oversight of AI Safety.
• Represent the bank through leading the Enterprise workstream in the MindForge AI governance Industry wide consortium sponsored and monitored by the Monetary Authority of Singapore.
• Material Change management
• Ongoing monitoring of AI usage including 3rd party systems
• Facilitate Enterprise AI Safety Council
• Drive operational capabilities, Integrated Risk and Controls for AI Safety centrally
• Ensure blockers are addressed and where appropriate raised to the Steerco

Strategic leader in AI governance responsible for running the Responsible AI process within the Chief Data Office. A pivotal in ensuring all AI governance is update and aligned to the banks strategic goals and stakeholder are supported through their innovation journey.

• Represent the bank through leading the Enterprise workstream in the MindForge AI governance Industry wide consortium sponsored and monitored by the Monetary Authority of Singapore.
• Spearheaded a complete revamp of the AI governance framework, introducing risk-based automated decisioning and Risk based scoring reducing turnaround time with no compromise on risk outcomes.
• Maintained Low Residual Operational Risk through strategic design, monitoring, and oversight across federated teams.
• Led enterprise-wide updates to the Risk & Control Library to reflect emerging technologies, regulatory changes, and ethical AI standards.
• Developed and implemented a custom governance framework for partnerships, enhancing time to market while ensuring compliance.
• Acted as the CDO’s AI Subject Matter Expert, delivering structured training and capability-building programs across the bank.

As Group Process Owner and Head of Risk Reporting, led the transformation of the reporting processes to ensure accurate and timely delivery of regulatory compliance, operational risk control, and streamlined executive reporting through data-driven process redesign and BCBS239 alignment.

• Redesigned and implemented the data and reporting process within the CPBB risk globally to ensure controlled and acceptable Operational Risk.
• Streamlined reporting for senior management and committees for CPBB based on business, regulatory and credit trends as well as senior management requirement.
• Ensured quality and timely delivery of all Regulatory, Management and other external reporting and disclosure requirements every time.
• Ensured continuous, improvised and sustained compliance to BCBS239 guidelines as RFO delegate.
• Led accurate regulatory reporting through detailed interpretations and gap analysis of available data with data requirements of Stress Testing Data Framework (STDF) templates and other emerging regulatory requirements (CRD IV, COREP, FSB Data Initiative).

Responsible for managing BCBS239 compliance related activities and Regulatory Reporting for Group Retail Clients along with other strategic initiatives.

• All Retail Risk BCBS239 requirements delivered within agreed timelines.
• No Audit issue identified from the Project phases.
• Set up the outsourcing governance for the unit.
• As part of the BCBS239 framework built the crisis reporting capabilities of the retail clients vertical.
• Completed all annual BCBS 239 Self-Assessments within time and expected quality.
• Managed the Retail GRIR process for H2 (5 months).
• Single handedly completed all BCBS239 implementation requirements within the 14 in scope countries.

Responsible for managing policies for Acquisition, Account Maintenance and Collections for the secured lending Portfolio along with managing the provisioning and Loan Impairment for the portfolio, conduct analytics required for driving profitability of the portfolio, all credit related forecasting for the product, Risk Appetite Metrics and Basel II adherence, Stress testing the portfolio for Internal Bank requirements as well as regulator requested.

• Implemented A-Score and B-Score in the portfolio.
• Delivered on the Portfolio Loan Impairment YoY.
• Managed Auto Policy, Process, New initiatives, Forecasting (Short Term and Long Term), Adhoc requests and Analytics for Auto within stretch timelines.
• Delivered on regulatory requirements and analysis.
• Actively involved in all credit related activities for the subsidiarization of the Consumer business.
• Managed the FVA assessment and roll off process for both the Secured and Unsecured consumer business. This resulted in the reduction of the total Loan Impairment by SGD6.5MM.

• Took over the GE Money Singapore Secured Lending and Inventory Finance portfolios and was responsible for managing Risk policies for both consumer and SME.
• This included conducting thorough financial auditing for the Auto dealers to understand their credit eligibility and repayment capabilities.
• For the consumer lending all forecasting, reserving and project managing all projects initiated by the group.
• Exceeded all Loan Impairment targets.
• Exposures to high-risk businesses (SME) cut down by successfully running off loss generating dealers from the book.
• Delivered on all budget numbers.

• Responsible for analyzing portfolio performance for all countries and highlight trends to senior management.
• Work on portfolio improvement initiatives with the country teams.
• Responsible for streamlining country reporting requirements for the group, managing Economic Capital requirement, monitor reserve adequacy for all countries, work with country teams to deep dive on any Gap identified and plug them, address country queries on Reserving and Commercial Policy matters, run all ADHOC reviews for senior management and regulators, Global Capacity planning for all Commercial Businesses, short and long term forecasting with the countries and all ADHOC analytical requirements.
• Simplified country report submissions and reduced report TAT from a month to 2 weeks globally.
• Reviews changed from quarterly to monthly.
• Established a process to calculate and monitor Capital requirement.
• Led Project IBNR for moving reserving for all commercial business from Transition Matrix method to PD, EAD, LGD.
• Automated the reporting structure for Bank of Artesia, GE Global Banking.

The Assignment comprised of 3 roles:

Portfolio Management:

• Responsible for monthly reserve planning and recommendation and preparing the portfolio quality reviews.
• Additionally, responsible for the Tesco P-Loan product launch from an acquisition policy standpoint involving income cutoffs and approval rate forecasts and analysis of actual performance as compared to the forecasts.

Operational Risk:

• Responsible for formulation of Fraud policies, validating Fraud Types as per Policy and amending the Fraud policy documentation and review for adherence.

Risk Mitigation:

• Running Champion Challenger programs, analyzing results for a go-no go decision.

General:

• Acting liaison between the Country and Region for policy changes and Gaps.
• All reporting requirements completed on time.
• Successful launch of Tesco P Loans.
• All policy gaps identified and planning done for mitigation.

As the manager for the Fraud Support and Small Balance investigations functions I was responsible for managing the AML and Financial crime reporting to the OFAC along with managing costs, capacity plans, recovery targets and all Stakeholder Interactions.

Business Growth.

• Successfully transitioned 8 processes into the GE Money Servicing platform.
• Decision Sciences integration done seamlessly.

Controllership.

• Reduced fraud claim TAT from 90 to 85 days to ensure Financial Compliance.

Operational Excellence.

• Dollars recovered = US$737k vs. a target of US$100k, exceeded by 636%.
• Pioneered Case Calibration to ensure same decision across sites.
• Managed downstream processes for Wing-to-Wing customer satisfaction.
• Developed the reporting and smart allocation method for the Fraud Support.
• Function Lead for the RCF Fraud in the I2R project.
• Site lead for the AFQD (Automatic Fraud Queue Decisioning) project.

• Responsible for managing the AML and Financial crime reporting to the OFAC along with managing costs, capacity plans and managing a team of Fraud underwriters.
• Only team in the portfolio with 0% attrition.
• All team metrics met as per team goals.

• Worked on the transition of the first Fraud process for the GE Consumer Finance Americas segment.
• Was sent to work on the Fraud Detection process in the US and help transition it back to GECIS in India.
• Coached and trained the new hires on the process.