Mohan Kumar Sonne Gowda

Leveraging Machine Learning to Enhance Accuracy and Efficiency in Regulatory Compliance

Abstract:

In this article, I discuss the ways in which technology has been used to design, implement, and maintain an automated reporting solution for swap transactions covered under the European Market Infrastructure Regulation (EMIR) and the Dodd-Frank Act (DFA) Rule 12b-2. The proposed automated reporting framework leverages advances in Artificial Intelligence (AI), Machine Learning (ML), and Natural Language Processing (NLP) to enhance regulatory reporting accuracy, exception management, and compliance across EMIR, DFA, and global regulatory regimes. The solution is designed to minimize manual processing while maximizing data quality, accuracy, and transparency by standardizing data collection and submission into a single, unified format. By combining advanced analytics with real-time monitoring, organizations can achieve more timely swap reporting, improve regulatory compliance, reduce the risk of violations and associated penalties, and enhance overall market efficiency and organizational reputation

Profile:

Mohan Kumar is a seasoned Audit, Compliance, Risk, and Technology leader with over 20 years of experience across global banking and financial services organizations. He brings deep expertise in leading complex, large-scale audits, regulatory remediation programs, and transformation initiatives within matrixed, multinational environments. Currently a Senior Audit Manager at HSBC Bank in New York, Mohan leads front-to-back audits across Commercial Banking, Global Banking, Investment Banking, and Markets, covering a broad spectrum of financial and non-financial risks.

Mohan is widely recognized for his strong command of regulatory compliance, financial crime risk, technology risk, and data analytics, including the use of advanced tools and full-population testing. His experience spans wholesale credit, market and liquidity risk, regulatory reporting, AI governance, and complex financial products such as equities, derivatives, and structured financing solutions.

Prior to his audit leadership role, Mohan served as Vice President in Compliance Governance at HSBC, where he managed regulatory examinations, consent order remediation, and enterprise-wide compliance governance frameworks. Earlier in his career, he held senior program management and business analysis roles at Goldman Sachs, CAPCO, Headstrong, and Novell, delivering regulatory, trading, and technology platforms globally.

A decisive and results-driven professional, Mohan is known for his analytical rigor, collaborative leadership style, and ability to influence senior stakeholders while developing high-performing teams.