Umesh A. Phad

Seasoned professional with 14 years of rich experience in lead business analysis and digital transformation, excelling in the financial services industry. Having experience of Service now application along with IBM Open Pages and MetricStream. Presently employed as a Lead Principal Consultant functioning as a lead business analyst and subject matter expert, driving strategic initiatives and projects. Proficient in comprehending complex systems, guiding development and testing teams, and leveraging tools like JIRA for efficient task allocation and tracking, ensuring seamless project execution. Successfully managed the implementation and optimization of the Governance, Risk, and Compliance (GRC) framework for enhancing regulatory compliance and risk management practices. Delivered digital transformation solutions for Central bank supervision and its components, driving innovation and efficiency in the financial sector where we have understood the current state processes and provided the optimized future state processes. Streamlined and optimized the regulatory reporting processes mandated by Basel norms. Implemented regulatory frameworks and generated end-to-end regulatory reports for reputed regulated entities, ensuring compliance with industry standards with tools like AXIOM SL and RegInsight. Possess in-depth knowledge of service now functionalities like Entity, Controls, control attestation, policy procedure, Issue management, audit management. Possesses a diverse skill set, including expertise in regulatory reporting, operational risk management, and credit risk management, GRC, enabling effective decision-making and risk mitigation across various industries. Recognized for exceptional leadership abilities, fostering a collaborative work environment, and steering teams towards success through effective communication and motivation. Led the implementation of a comprehensive GRC framework for a leading healthcare provider, enhancing regulatory compliance and risk m