SUMMARY:

• A Certified Risk and Compliance Management Professional (CRCMP), Compliance Advisory and Project Manager/Business Analyst for Confidential 165(d) - Living Will, Title VI - the Volcker Rule on Prop Trading,
• Covered Fund activities AND Title VII - Swap Dealer Rules including EMIR and MiFID II compliance across Equities, non-Equities and FICC products and derivatives business (IRS, FX, CRD and Commodity swaps), their trading, clearing, reporting, administering policies, procedures and processes.

TECHNICAL SKILLS:

Operational Risk Management: Drafted CIB RCSA Procedures for the Advanced Measurement Approach,enhanced Internal Control Self-Assessment matrix & oversight tools as per Basel2 standards

US GAAP/IAS: Designed (1) USGAAP Reg Reporting Tool and (2) IAS Reg Reporting Tools for AFS/HTM hedge accounting, extracting Regulatory Reports and auto- feeding them on IESUB/CDR using SofGen s REG-Reporter

Regulatory Reporting Program: Delivered Accounting Data Integrity Enhancement Program addressing various MoUs, installed SofGen REG-Reporter to extract FFIEC/FRY reports feeding IESUB/CDR, designed interfaces, mapped data on Informatica/ETL using SQL across broad asset classes like equities and derivatives

PROFESSIONAL EXPERIENCE:

Confidential, New York

Compliance Risk Analyst Consultant

• Aligned CRA Tool and Templates, assessed Residual Risks and Inherent Risks, calibrated Compliance Risk Ratings
• Conducted CRAs across LOBs in identifying, assessing, and documenting compliance risks related to products across CIB
• Aligned risk taxonomy leveraging Risk Library, assessed process ratings and analysis at Compliance-Relevant Risk levels
• Updated CRA templates and CRA Tool reflecting ratings coordinating with Compliance Advisory and Management
• Aligned RCSA's Residual and Inherent Risk methodologies to rationalize the entire Compliance Risks and their ratings
• Documented Global Compliance Risk Assessment Procedures and Guidance for Inherent Risk Assessment Phase
• Provided Residual and Inherent Risk, Risk Ratings to Compliance Testing and Monitoring group to design Testing Plans
• Reviewed affiliated trading and Board reporting processes under Rules 10f-3, 17a-7, 17e-1, Cross Trades, Swaps clearing, Principal trades, affiliated futures, OTC Derivatives, proprietary and third party funds to align Compliance Risk
• Reviewed CRA methodology used, for consistency, timeliness, is per Global CRA Standards and summarized GCRA results
• Created Compliance Risk Assessment (CRA) reports for CIB Compliance Management and Core Compliance teams.

Compliance Test Designer - the Volcker Rule

• Performed independent, risk-based Compliance reviews and executed Regulatory Compliance Monitoring and Testing Program to ensure second line of defense for Regulatory Compliance Risk Management (RCRM) across LOBs, Trading Desks
• Wrote Compliance Test Scripts for exemptions/exclusions and executed risk-based testing plan with Compliance Officers
• Administered the Rule’s six pillars on controls, policies, governance, monitoring/testing, training, analytics/recordkeeping
• Integrated Volcker related risks into RCSA Risk Reporting tool, created a quarterly Volcker Compliance Testing update
• Enhanced testing strategies based on newly adopted risk methodologies for CFTC, SEC, EMIR and MiFID regulations
• Used SHRP Risk and ORIS Ops Reporting tools, logged issues, extracted and reported control issues/gaps to management
• Oversaw effectiveness of remediation activities across the businesses and enhanced control functions
• Conducted Independent Compliance reviews vs. CRAS+ (Compliance Risk Analysis System) and work papers, wrote test scripts, assessed issues identified and corrective actions, reviewed final reports, and monitored progress to complete test plan
• Coordinated with support and control groups for proactive and corrective actions, adequacy of controls, and to mitigate risks.

VP, Compliance Analyst and Project Manager

• Wrote BRDs for registering Swap Dealer, reporting swaps to DTCC translating regulatory requirements for OTC Derivatives
• Conducted feasibility analysis, scoped and managed projects and plans, interpreted regulatory requirements to stakeholders
• Used AGILE methodology for SDLC, created project artefacts, supported UATs, logged and tracked bugs/defects
• Executed registration process as a Swap Dealer; developed 4s policies, procedures for CFTC and Swap Dealer CCO Reports
• Developed Compliance Manual for the Swap Dealer CCO, negotiated counterparties’ ISDA agreements
• Enhanced the swap dealer compliance program, policies, procedures, training materials and advised on regulatory changes
• Interacted with regulators, SEFs; attended Compliance forums and round-table meetings, advised business and support
• Drafted and executed policies, procedures for Swaps Trading with Special Entities and the PEPs, and FICC E-Trading
• Vetted / trained APs, monitored OTC Swap executions vs. Business Conducts, reviewed and tested Algo-Trading models
• Provided a real-time Compliance Advisory for OTC Swaps, FICC E-Trading and Volcker Rules for LOB/ Trading Desks
• Conducted periodic compliance reviews for the Swap Dealer, Volcker Rules to ensure adequate controls
• Executed Compliance Testing Program for Dodd Frank/EMIR, Volcker Rule and MiFID ensuring second line of defense
• Notified the testing plan, drafted Title VI/VII Compliance Test scripts, conducted tests, reported findings, obtained management responses, conducted closing meetings, distributed reports and followed up for corrective actions.
• Rolled out the Volcker Compliance Program for LOBs, trading desk procedures for exemptions/exclusions and submitted extension requests to NY Fed for Covered Fund activities, responded to FRB RFIs, and segregated US and TOTUS books
• Created processes for LOBs and Trading Desks for Volcker Compliance Program across the six pillars of the rule
• Built-enhanced-tested LOB Volcker controls matrices and tables and implemented RENTD procedures
• Appraised and monitored processes to calculate initial and daily variation margins for uncleared Swaps
• Assisted in drafting annual Living Will plans as per Section 165(d) of the Dodd Frank Act, by conduting diligence analysis of LOBs, Operation and entities, interplays, debt documents, cross-border relationships, potential systemic failure, liabilities with other entities, assets, collateral, non-company assets, cash management systems.
• Responded to NFA, CFTC, FRBNY concerns, remediation efforts of DFA Title VII and Volcker Risk Management Programs.

VP, Compliance Analyst and Project Manager

• Wrote BRDs for registering Swap Dealer, reporting swaps to DTCC translating regulatory requirements for OTC Derivatives
• Scoped out MS Project Plan, conducted feasibility analysis, interpreted regulatory requirements to project stakeholders
• Used AGILE methodology for Projects, created project artefacts, supported UATs, logged and tracked bugs/defects
• Delivered Swap Dealer Registration Project for trading FICC derivatives (IRS, FX, CRD and Commodity swaps)
• Developed Swap Dealer Compliance Manual, drafted and executed NFA 4s Policies and Procedures for Swaps Trading
• Liaised between NFA/CFTC and Swap Dealers' LOB management and Swaps Compliance Unit on policies, reviews, exams
• On-boarded LCH, CME, DTCC, MarkitSERV; Tradeweb, Bloomberg, ICAP like SEFs, OTFs and MTFs
• Vetted swap traders as Associated Persons, drafted Swap Dealers’ CCO reports and provided Business Conduct Training
• Regulatory Compliance Advisory and an Independent Compliance Tester for Dodd Frank/EMIR, Volcker Rule and MiFID II
• Monitored processes to calculate and post initial and daily variation margins for uncleared Swaps
• Prototyped an OTC Swaps Reporting for a near real-time data reporting to SDR (DTCC) and complied with MiFID/EMIR.
• Reviewed affiliated trades under Rules 10f-3, 17a-7, 17e-1 and created quarterly compliance reports for BOD meetings
• Conducted surveillance/controls, compliance alerts; executed compliance programs, periodic RCSA/ internal control matrix, investigations and ensured compliance to CEA, CFTC, AML, FCPA, Alphabet Soup Regulations, audit points, KPI/KRIs
• Created the Volcker Rule Compliance Manuals for trading desks; segregated TOTUS and non-TOTUS desks monitoring exempt/non-exempt trades; developed and modified seven risk metrics; obtained CCO attestation
• Analyzed core business, critical operations, key connections and interdependencies, risk appetite etc, built and submitted annual Living Will plans to Fed/FDIC as per Section 165(d) of the Dodd Frank Act;
• Launched Oracle Mantas ECTC+BC+TC, AAI and OBIEE for Trade Surveillance, Data/Security, Dashboard and AML
• QA Test Lead for all Compliance Projects, provided production support through final implementation;
• Executed risk-based CIB Compliance Risk Assessments across LOBs and trading desks vs. Alphabet Soup of Regulations.

Senior Risk Analyst and Project Manager, Risk Management

• Executed Basel2 initiatives to measure risk capital using Internal Ratings Based Approach/MIS with stages of Internal Capital Adequacy Assessment Process (ICAAP) for Pillar 1 & 2, Risk based-pricing, Risk Reporting and regulatory transparency
• Performed gap analysis, forecasted and reported capital positions/matrix for RAROC, Basel2 Pillar 1/2 using risk analytics
• Enhanced Credit Risk Policies and Procedures, created process to assess risk appetite and forecasts
• Installed and owned Moody’s RiskAnalyst, Scorecards to assess CVA (PD and LGD) for risk-based pricing (RAROC)
• Established periodic sensitivity/scenario analysis processes for Stress Tests, Risk Taxonomy, as per Basel directives/SCAP
• Analyzed daily risk metrics for limit usages, P&L, VaR/EaR aggregation, reviewed ALCO reports
• Performed P&L back-testing/stress testing of scenarios, currency risks, capital adequacy, portfolio hedging and divestitures.
• Ran Ops Risk Management Committee and Working Group to address periodic operational, audit and control issues.

Senior Business Analyst and Project Manager, Corporate Reporting Systems

• Liquidity Reporting Management: Established Basel2 / quantitative rule based ALM practices for Risk Management
• Operational Risk Management: Drafted CIB RCSA Procedures for the Advanced Measurement Approach,enhanced Internal Control Self-Assessment matrix & oversight tools as per Basel2 standards
• US GAAP/IAS: Designed (1) USGAAP Reg Reporting Tool and (2) IAS Reg Reporting Tools for AFS/HTM hedge accounting, extracting Regulatory Reports and auto- feeding them on IESUB/CDR using SofGen’s REG-Reporter
• Regulatory Reporting Program: Delivered Accounting Data Integrity Enhancement Program addressing various MoUs, installed SofGen REG-Reporter to extract FFIEC/FRY reports feeding IESUB/CDR, designed interfaces, mapped data on Informatica/ETL using SQL across broad asset classes like equities and derivatives
• Launched Actimize’ AML, Trade Surveillance, Trade Blotter and other models for its CIB/Capital Market’s business
• Sarbanes-Oxley: Automated SOX 302: Corporate Governance and SOX 404: Management Assessment of Internal Control.

Business Analyst, KYC/AML Project

• Liaised across technology, operations, stakeholders to implement KYC/AML compliance projects.
• Established Prime Compliance Suite for KYC/AML solutions per US Patriot Act, FFIEC & GLBA for clients.
• Developed /executed BSA/AML Policies/Procedures; developed BRDs, functional Specs and test plans.
• Executed CDD, EDD, CIP and implemented BSA/OFAC Reporters per OCC, FinCEN and Fed requirements.