BHAGY NAINAR
Sydney,Australia
Summary
Seasoned Program Director with 20+ years of experience and four-time consecutive annual award winner. Successfully delivered large transformation and regulatory programs in Credit Risk, business lending, commercial lending, institutional banking, and Wealth management. Expertise in aligning programs with strategic objectives, driving innovation, and fostering a culture of excellence. Trusted for exceptional stakeholder management, problem-solving abilities, and decision-making capabilities. Led successful delivery of 15+ regulatory compliance initiatives, demonstrating commitment to industry standards.
Overview
21
21
years of professional experience
Work History
Program Director
Westpac Group
07.2022 - Current
- Company Overview: Business Lending | Credit Risk | Model Risk
- Lead multiple transformation and regulatory initiatives for Credit Risk, Model Risk and Business Lending, driving strategic outcomes
- Established Program Governance and chair various leadership meetings
- Successfully delivered programs worth $40m+, consistently 10% under budget
- Run Steering Meetings with Senior executives including GMs, Deputy CRO, CIO, CTO
- Built and led a high-performing team of 120+ FTEs, fostering a culture of collaboration and innovation
- Developed strong vendor relationships and executed SOWs to achieve program objectives efficiently
- Currently leading two strategic initiatives for APRA compliance: Model Risk Transformation and APRA’s five-year Data Collection roadmap
- Implemented enhanced APRA approved Risk Grade model for Commercial and Industry sector resulting in capital savings of $280m per annum
- Implemented solution to calculate performing and non-performing exposures to achieve APRA APS 220 compliance
- Implemented solution to calculate Asset Security status for APRA Reporting
- Implemented data lineage upliftment and target operating model for IFRS9
- Established Program governance model for Group Data Privacy Consent
- Developed and implemented simplified annual review process for various finance sectors as per APRA APS 113 requirement
- Implemented automated solution to validate Policy exceptions for non-Property sector
- Implemented fast paced interim solution to capture and process the COVID payment deferrals
- Business Lending | Credit Risk | Model Risk
Senior Project Manager
BNP Paribas
06.2018 - 11.2019
- Company Overview: Consultant
- Spearheaded a major transition program to outsource AMP Capital wholesale Registry services to OneVue Financial Services from BNP Paribas
- Managed a team of 40 FTEs with a budget of $8.5M, and ensured seamless project delivery through Agile methodologies
- Established the Target Operating Model for Unit registry services with BNP, AMP and OneVue
- Successfully received the PwC audit clearance for the major transition
- Consultant
Senior Project Manager
Link Group
09.2017 - 05.2018
- Company Overview: Consultant
- Managed the transition of Pension Fund IRIS to HESTA, Kinetic Super to Sunsuper and Elphinstone fund to Australian Super
- Managed a cross-functional team of 25+ experts across multiple locations to achieve project milestones
- Worked closely with Legal & Compliance, Commercial and Audit team for the transitions
- Managed stakeholders across three groups such as Link Group, onboarding clients and offboarding clients
- Developed project plans and managed project scope using LINK Group methodologies to guide projects from conceptualization to implementation and maintenance
- Consultant
Business Project Manager
National Australia Bank
11.2015 - 09.2017
- Company Overview: NAB Wealth | Consultant
- Managed portfolio planning for NAB Superannuation Successor Fund Transfer program
- Delivered an extended data solution for financial adviser profile scoring application using Deloitte ETL Solution, defining 26 KRIs (Key Risk Indicators) in Tableau
- Enabled the bank to support the Royal commission remediation to assess the inappropriate financial advice
- Successfully piloted the Statement of Advice automation project using IBM Watson analytics solution
- NAB Wealth | Consultant
Portfolio Planning Lead
Chevron
09.2012 - 10.2015
- Company Overview: INPEX, Consultant
- Managed overall portfolio planning, delivery assurance, and critical path of the Chevron Gorgon Project, a $52 billion investment and largest resource development in Australia's history
- Established the portfolio integrated delivery plan across Gorgon Information portfolio ($330 million)
- Established portfolio planning standards and tracking frameworks
- INPEX, Consultant
Business System Specialist
Commonwealth Bank of Australia
04.2004 - 09.2012
- Company Overview: Consultant
- Subject Matter Expert (SME) for Retail Consumer Lending products
- Worked on multiple releases for Home Loan and Personal Loan systems
- Responsible of range of activities including creating high level solution design documents, review offshore deliverables and lead the technical team of 10 plus members across Sydney and India for EDS and IBM
- Successfully implemented the 'No fee variable product' in home loan product, resulting in increased customer acquisition
- Led the IBM onshore and offshore team for one of the CBA’s flagship initiatives of merging Home Loans and Personal Loans and successfully implemented the automation of Home Loans Top Ups Business Process
- Consultant
Education
Master of Business Administration (MBA) -
Australian Graduate School of Management, UNSW
01.2021
Leadership in Complex Program -
UNSW
01.2020
SAFE Agile certified -
Seven Consulting
01.2017
PMP: Project Management Professional -
Project Management Institute
01.2014
Information Technology Infrastructure Library (ITIL) v3.0 -
Foundation Certification
01.2012
Bachelor of Engineering (B.E) -
University of Madras
01.2003
Skills
- Program Strategy & Leadership
- Stakeholder Relationship Management
- Agile Project Management
- Decision Making
- Regulatory Compliance
- Coaching and mentoring
- Transformational Initiatives
- Accountable (get it done mindset)
- Financial & Risk Management
- Time Management
- Enterprise Risk Management
- Critical Thinking
- Staff development
- Strategic leadership
Awardsandnominations
- Winner Westpac Half Yearly Team Annual award, 2024
- Winner Westpac Individual Risk Annual award, 2023
- Winner Westpac Half Yearly award, 2023
- Winner Westpac Individual Risk Annual award, 2022
- Winner Westpac Half Yearly Team Annual award, 2022
- Winner Westpac Individual Half Yearly award, 2022
- Winner Westpac COO Annual Team award, 2021
- Recipient of multiple GEM awards in Westpac
- Recipient of 100% customer satisfaction award for 5 years in a row in Seven Consulting
- Recipient of 8 leading light nominations in Commonwealth Bank
- Recipient of Program Excellence award in Chevron
Timeline
Program Director
Westpac Group
07.2022 - Current
Senior Project Manager
BNP Paribas
06.2018 - 11.2019
Senior Project Manager
Link Group
09.2017 - 05.2018
Business Project Manager
National Australia Bank
11.2015 - 09.2017
Portfolio Planning Lead
Chevron
09.2012 - 10.2015
Business System Specialist
Commonwealth Bank of Australia
04.2004 - 09.2012
Leadership in Complex Program -
UNSW
SAFE Agile certified -
Seven Consulting
PMP: Project Management Professional -
Project Management Institute
Information Technology Infrastructure Library (ITIL) v3.0 -
Foundation Certification
Bachelor of Engineering (B.E) -
University of Madras
Master of Business Administration (MBA) -
Australian Graduate School of Management, UNSW
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