Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Asma Patel

Senior Manager - Non-Financial Risk (APAC)
Bangalore

Summary

Senior Risk & Controls Leader with 15+ years of experience driving independent Second Line of Defense (2LOD) oversight across complex, global, and highly regulated environments. Deep expertise in SOX Internal controls with a strong focus on Business Process controls & Procure-To-Pay (P2P), spanning Control design through to Attestation; led & represented the function in Revenue Audits closely partnering with External Auditors. Proven track record of partnering with C-suite and senior leadership to embed risk-informed decision-making and strengthen enterprise-wide governance frameworks. Deep expertise in Operational Risk including Anti-Financial Crime, Third Party & Intra-Group Risk Management, Operational Resilience, Control Design & Assurance, and Business Maturity Assessments, enabling measurable uplift in control effectiveness and organizational resilience. Strategic leader in large-scale transformation Programmes, integrating risk, controls, and emerging technology (AI risk) into evolving business models. Recognized for delivering robust challenge, enhancing accountability, and driving end-to-end issue remediation within Enterprise Risk Management Frameworks (ERMF). Influential Risk Culture Champion with demonstrated success in building high-performing teams, fostering capability development, and embedding sustainable risk practices across global operations.

Overview

3
3
Certifications
16
16
years of professional experience

Work History

Senior Manager – Group Risk, Non-Financial Risk

London Stock Exchange Group (LSEG)
03.2023 - Current
  • Provide independent Second Line of Defense (2LOD) oversight across critical global functions, including Quote-to-Cash, Customer Operations, and Third Party Assurance, strengthening enterprise-wide operational risk posture.
  • Lead enterprise-level risk assessments and thematic deep-dives, identifying systemic vulnerabilities and driving targeted control optimization and maturity uplift.
  • Deliver Business Maturity Assessments, evaluating control effectiveness, governance frameworks, and risk resilience, enabling data-driven improvement roadmaps.
  • Act as a trusted strategic partner to senior leadership, delivering robust challenge and embedding risk-informed decision-making across business units.
  • Represent Group Risk in senior governance forums, influencing risk strategy, policy alignment, and GRC tool enhancements.
  • Lead the Risk Community of Practice, driving risk culture transformation, capability building, and standardization of best practices.
  • Drive risk framework enhancements and transformation initiatives, strengthening alignment with evolving business and regulatory expectations.
  • Key Impact & Achievements
  • Drove measurable uplift in operational & Third Party risk maturity, improving control effectiveness and governance outcomes across key functions.
  • Enabled enhanced risk visibility and proactive mitigation through structured risk assessments and targeted interventions.
  • Strengthened risk culture and engagement, improving adoption of risk practices across global teams.
  • Contributed to GRC ecosystem enhancements, improving risk reporting accuracy and decision-making effectiveness.

Regional Compliance Manager – SOX Control Services (Quote-to-Cash)

London Stock Exchange Group (LSEG)
10.2021 - 02.2023
  • Led SOX Internal global Control Services for Quote-to-Cash (Q2C) and Procure-to-Pay (P2P), ensuring independent oversight, compliance adherence, and effective escalation frameworks.
  • Served as SOX Control Owner and Attestor across Q2C and P2P, ensuring robustness of financial and operational control environments.
  • Partnered with cross-functional teams to support enterprise risk & control assessments, revenue audits, and remediation governance, ensuring timely issue resolution.
  • Designed and implemented KPI-driven dashboards, enhancing risk&control health transparency, performance monitoring, and executive oversight.
  • Key Impact & Achievements
  • Strengthened SOX compliance posture and control effectiveness, reducing exposure to operational and financial risks.
  • Enhanced transparency and governance through structured reporting and performance tracking.
  • Improved Control issue remediation lifecycle, ensuring stronger accountability and timely closures.
  • Elevated stakeholder confidence through proactive risk and compliance management.

Assistant Manager / Specialist / Lead – SOX Control Services

London Stock Exchange Group (LSEG)
11.2011 - 09.2021
  • Managed end-to-end SOX Internal control lifecycle, including design, implementation, testing, and remediation, across global operations.
  • Led control transformation and automation initiatives, improving efficiency, scalability, and control reliability.
  • Oversaw control assurance, attestations, and Control issue management, driving continuous improvement and risk mitigation.
  • Played a key role in capability building, mentoring teams and strengthening risk and control expertise.
  • Key Impact & Achievements
  • Delivered sustained improvements in SOX control effectiveness and operational efficiency through automation and standardization.
  • Reduced control gaps and deficiencies, strengthening overall risk posture and SOX compliance outcomes.
  • Built high-performing teams, enhancing organizational capability in control management.

Advanced Tax Analyst

Ernst & Young
05.2010 - 11.2011
  • Delivered U.S. tax compliance and reporting for corporations and partnerships, ensuring adherence to regulatory standards.
  • Collaborated with stakeholders to ensure accuracy, timeliness, and process efficiency in tax filings.
  • Key Impact & Achievements
  • Improved process efficiency and turnaround time through structured workpaper and reporting approaches.
  • Contributed to high-quality client delivery and compliance accuracy.

Education

Bachelor of Commerce - Accountancy

St. Joseph’s College of Commerce
01-2010

Skills

Enterprise Risk Leadership

Third Party Risk Management

SOX Internal Controls

Governance & Oversight

Risk Transformation

Control Assurance & Optimisation

Certification

Artificial Intelligence Governance Professional (AIGP) – Targeted 2026

Timeline

Senior Manager – Group Risk, Non-Financial Risk

London Stock Exchange Group (LSEG)
03.2023 - Current

Regional Compliance Manager – SOX Control Services (Quote-to-Cash)

London Stock Exchange Group (LSEG)
10.2021 - 02.2023

Assistant Manager / Specialist / Lead – SOX Control Services

London Stock Exchange Group (LSEG)
11.2011 - 09.2021

Advanced Tax Analyst

Ernst & Young
05.2010 - 11.2011

Bachelor of Commerce - Accountancy

St. Joseph’s College of Commerce
Asma PatelSenior Manager - Non-Financial Risk (APAC)