The Industry/Domain: Financial Services | Credit Risk Management
My Role: Business Product Manager
The Goal: Modernize credit risk management processes to meet increasing regulatory requirements and enhance decision-making capabilities
The Outcome: Delivered CHF 75M in cost savings; Achieved a 20% improvement in operational efficiency for risk analysts
The Challenge
A top-tier global bank needed to modernize its credit risk management processes to meet increasing regulatory requirements and enhance decision-making capabilities. Existing systems were fragmented, leading to inefficiencies and delays in risk analysis and compliance reporting.
My Approach
Strategic Product Roadmap: Defined and managed a multi-year product roadmap, ensuring alignment with both business goals and stringent regulatory requirements.
Customer-Centric Development: Partnered closely with internal risk analysts to understand their workflows, pain points, and priorities, ensuring the platform met user needs.
Agile Delivery in Stages: Coordinated a phased rollout across four major regions (US, APAC, EMEA, and Switzerland) to minimize disruption and optimize adoption.
Regulatory Compliance Focus: Embedded compliance requirements into the platform design, mitigating risk exposure in a highly regulated environment.
The Impact
Cost Savings: Delivered CHF 75M in cost savings through streamlined processes and data-driven decision-making.
Efficiency Gains: Achieved a 20% improvement in operational efficiency for risk analysts by automating and centralizing key workflows.
Scalable Global Solution: Successfully deployed the platform to four regions over two years, standardizing credit risk processes across the organization.
Key Learnings/Highlights
Navigating complex, cross-functional challenges in a highly regulated industry.
Balancing regional requirements with a global product vision to ensure adoption and consistency.
Leveraging data and user-centric design to deliver tangible business value.
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Posted Dec 17, 2024
Developed a global risk management platform, saving CHF 75M, improving efficiency by 20%, and standardizing processes across 4 regions.