Kruti Soni

Lead Business Analyst with over 10 years of experience in Banking, Regulatory Compliance and Data Governance specializing in Compliance Risk Assessment, Data Management and Enterprise System Implementation and solid understanding of Business Requirement Gathering, Business Process Flow, Business Process Modelling and Business Analysis.

Proven

Track record of translating regulatory requirements (OCC 1033, FRB 1043, AML/KYC, RCRA) into scalable business and data solutions. Strong expertise in data governance frameworks, data quality, data lineage and regulatory reporting combined with deep experience in Agile delivery, stakeholder management and product ownership. Recognized for driving end to end transformation initiatives, improving data accuracy, audit readiness and regulatory compliance across enterprise platforms (Merlin, Archer).

Highly applicable skills in Risk Identification, Risk Assessment, Risk Management and Risk Appetite. Extensive experience in conducting Market Research, Feasibility Studies, Data Analysis, System Analysis, GAP Analysis, and Risks Analysis, Strategic Planning.

Sr. Business Analyst/BIMS (Hybrid) - TD Bank - NJ

(2024-09 - 2026-03)

• Led end-to-end requirements definition for enterprise-wide Compliance Risk Assessment (CRA) across, CAT, BU Levels.
• Translated regulatory requirements (OCC 1033/ FRB 1043) into BRDs, FRDs and Agile user stories.
• Facilitated cross-functional workshops with Compliance, Risk and Technology teams
• Designed workflow, approval processes and CR aggregation logic.
• Partnered with engineering teams to deliver Merlin system enhancements.
• Led Data ingestion and mapping requirements into Merlin platform.
• Established data quality rules, validation checks and control frameworks.
• Improved data traceability and lineage for regulatory reporting
• Accelerated regulatory issue resolution by 25%
• Reduced data inconsistencies and reporting gaps by 30%
• Increased audit readiness and documentation traceability by 40%

Sr. Business Analyst/Data Governance Specialist (BIMS Focus) - BNY Mellon - NY

(2022-04 - 2024-03)

• Led data governance initiatives for AML/KYC within Treasury Services.
• Defined and implemented data standards, policies and governance frameworks.
• Managed data quality lifecycle including profiling, validation and remediation.
• Developed data lineage and metadata definitions using Collibra.
• Partnered with data stewards and technology teams for enterprise data consistency.
• Gathered and documented data and reporting requirements.
• Translated business needs into data models and functional specifications.
• Developed dashboards and reporting framework. (Power BI)
• Managed on ADS Certifications for different 3 programs – 1) Transaction Monitoring 2) Sanction & Screening 3) UCM Hydration. Assisted team in Building dataset, Profiling, Applying Data Quality Rules, Check Business Terms.
• Improved data compliance by 30% through governance frameworks.
• Reduced data anomalies by 25% via data quality controls.
• Enhanced reporting accuracy by 25%

Sr. Business Analyst/Product Owner - SEI Investment - PA

(2020-03 - 2021-09)

• Conducted comprehensive KYC due diligence on new and existing clients and investigating ensuring that risk details (CIP, regulatory oversight, ownership type, product utilization) are complete, accurate and current, resulting in a 30% reduction in compliance risk.
• Reviewed and analyzed customer transactions for suspicious activities, leading to a 25% increase in early detection of potential financial crimes.
• Define product vision and strategy, aligning with company goals and regulatory requirements and managed product backlog and coordinated with engineering teams to deliver new features and enhancement on time and within budget.
• Prepared the ETL mapping specifications to extract data from the existing system to the AML compliance data marts under the specifications given by the Actimize team.
• Implemented workflow diagrams and Use cases diagrams by MS Visio and interacted with KYC analyst to execute investigations based on Client on-boarding profiles, transaction monitoring referrals, Government sources.

Lead Business Analyst/Product Owner - MFS Investment - MA

(2019-01 - 2020-02)

• Gathered requirements from Trading Desk, Portfolio Management Department and Accounting Department to develop the trading function, portfolio management function and accounting function of the system.
• Mitigated extreme technology risk by removing unsupported features on the platform.
• Reviewed and approved high risk transactions (i.e., FX, trades) that are posted to the accounting system
• Performed pre-analysis of the user requirements, assigned priorities, and translated the requirements to functional specifications and mapped the requirements to appropriate GAAP rules.
• Designed trade-related workflow for trading flow through to the settlement and accounting systems.
• As a scrum master initiated and coordinated creating and prioritizing the Sprint Backlogs in JIRA, conducted Sprint Retrospectives and reviews, sharing metrics to identify and implement improvements.
• Provided specifications for Data Modeling, including Conceptual models, Logical models and Physical models.

Senior Business Analyst - Barclays - Wilmington, DE

(2018-03 - 2018-12)

• Coordinated as a coordinator between risk management team and IT team to clarify the expected improvements in datasets/methodologies/approaches and transfer them into functional requirements and specifications.
• Led business requirement analysis, user stories documentation, data accuracy and quality check, process/approach/model verification and validation, defect management, and System Integration Test (SIT).
• Conducted document analysis to understand the current applications relevant to IRB RWA calculation, PPNR forecast, and CCAR stress test.
• Performed analysis of approaches and models for RWA calculation, as well as to assist in investigation, escalation and resolution of the data issues.
• Cooperated with the Risk partners in data accuracy analysis to understand finance and accounting data, as well as key product drivers factoring into the PPNR forecast.
• Communicated the stress test process and scenarios to know the potential influences from any changes located in RWA calculation or PPNR forecast.
• Facilitated & led discussions addressing critical topics throughout the stress testing process, including enhancements of RWA Calculation and PPNR forecast.

Business Analyst Mortgage - ADC Bank - Ahmedabad, India

(2017-01 - 2017-10)

• Worked as a business analyst to build Strategy Web application for financial statements and inspections.
• Extensively worked with Risk Management, Mortgage Loan Servicing, and Commercial and Residential mortgage.
• Evaluated QA / data conversion MS-SQL for logic problems. Automated key testing scripts via MS-SQL programming.
• Developed the test plan, test conditions and test cases to be used in testing based on business requirements, technical specifications and/or product knowledge
• Liaison for projects with other corporate departments, including Executive, Legal and Information Services as well as vendor relationships

Jr. Business Analyst - D.G. Merchant - Surat, India

(2014-05 - 2016-12)

• Acted as the Liaison between Line of Businesses (LOBs), Technology Partners (Source Applications) and implementation team.
• Designed trade-related workflow for fixed income trading flow through to the settlement and accounting systems.
• Conducted meetings with SME to gather the business requirements BRDs, review the requirements, understood the system and workflow and converted those requirements into functional requirements FRDs.
• Attended day to day project meetings to discuss the outcome of implementation processes, testing efforts, timelines etc. Wrote and distributed meeting minutes.

Staff Accountant - C.N Gandhi - Surat, India

(2012-06 - 2014-02)

• Good knowledge of Financial Principles related to the P&L, Balance Sheet and Cash Flow Statements
• Maintain Bank reconciliation Statement and reconciliation Of Debtors &