Summary
Overview
Work History
Education
Skills
Certification
Timeline
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Asma Roohi

VP - Risk & Compliance
New Delhi

Summary

Professional Summary

With over 13 years of exemplary leadership experience in risk-based internal audit, control assurance, financial crimes, regulatory compliance, and project management within the banking and financial services industry, Meticulously driven professional dedicated to driving business success while mitigating organizational risks, with an impeccable track record demonstrates a distinguished ability to make eminent decisions that safeguard the organization from financial, regulatory, and brand impact.

Overview

16
16
years of professional experience
5
5
Certifications

Work History

Vice President - Core Compliance

Blackrock
6 2023 - Current
  • Acting subject matter expert and thought leader for the business risks and controls programs design and testing covering risks that BLK business needs to manage, monitor and report on, such as KYC, AML, Sanctions, regulatory reporting, broadly across APAC and EMEA region
  • Lead areas for Control Assurance reviews include laws and regulations related to:
    - Non- Financial Crimes risks like Anti-Bribery & Corruption, Client Protection, Data Protection, Market Integrity covering various regulations. E.g., UK Bribery Act, FCPA, FCA, GDPR, and other applicable regional laws and regulations
    - Financial Crimes risks like Anti-Money Laundering, Know-Your-Customer, Sanctions & Embargos, Terrorist Financing, Prevention of tax evasion and other financial regulations. E.g., FATCA, FINCEN, APUK, APLUX, etc.
  • Ensured regulatory compliance across all business activities, staying updated on relevant laws, regulations, and industry standards.
  • Developed and executed comprehensive global compliance strategy aligned with organisational goals and industry best practices.
  • Impart strategic guidance to senior management on compliance matters, fostering a culture of compliance throughout organization.
  • Conducted regular risk assessments to identify potential compliance risks and implemented mitigation strategies to minimize exposure.
  • Leading a team of 18 compliance leads, providing mentorship, training, and professional development opportunities. Recruiting the likeminded professionals to enlarge the team.
  • Monitored and assessed the effectiveness of compliance programs, implementing continuous improvements as necessary.
  • Evaluation and Interpretation of risk types, methodologies, and frameworks for testing controls and assessing results, conducting research, and identification of control deficiencies
  • Leverage data analytics extensively in the reviews to bring out impactful findings and qualitative results
  • Partner with global teams and challenge first line on their RCSAs and credibly challenging on control environment
  • Establish a strong working relationship with both internal & external stakeholders

Manager - Payments Compliance Investigations

Airbnb
08.2021 - 12.2022
  • • Responsible for performing oversight on unusual/suspicious activities and the preparation of regulatory responses, include auditing, filing and reporting SARs /UAR to various governing bodies such as FinCen, APUK and APL, as per the requirements pertaining to each region.
  • • Leading and helping a team of 13 investigators , conducting complex investigations including transaction monitoring, KYC, Sanctions & PEP , Financial Crimes, Human, Sexual, & Drug Trafficking.
  • • Provide effective and timely advice to the business, in conjunction with our legal teams, on how to manage and mitigate risk also to conduct compliance assurance within the regulated propositions.
  • • Built inhouse Airbnb Risk model and servicing platform liaising with Ops, Data scientist, and Product team to enhance the KRIs and its ongoing monitoring to negate Financial crime risk.
  • • Ownership and management of partner performance and relationship management, including leading Service, Monthly, and Quarterly business reviews with Partner sites
  • • Prepare detailed audit report to support independent decisions to file regulatory response & supporting documents for escalations and de-escalations of the activities.
  • • Assess and communicate control effectiveness, and present investigative findings, case trends, and operational metrics to management.
  • • Build trust within our teams: manage and coordinate meaningful controls testing – scoping reviews, controls assessments and any findings.
  • • Lead projects to simplify relatively complex operational problems within diverse cross-functional groups
  • • Interpersonal skills to build relationships within PayCom and with our cross-functional partners.
  • • Managed team by offering support and constructive feedback to improve skills and maximise potential.

HSBC - Manager - Compliance Assurance

HSBC
06.2020 - 05.2021
  • Prepare and deliver a comprehensive risk based internal audit plan which aligns to the group’s strategy and objectives and that is especially for Financial Crime Compliance & Regulatory Reporting
  • Established as Manager Audit Group within Compliance Assurance 2nd LOD, responsible to perform End to End Review of various Business units within HSBC against applicable respective Regulation Requirement using COSO Framework. (Both Regulatory Compliance and Financial Crime Regulations)
  • Timely Execution of Audit/Review includes 4 elaborated steps, i.e Planning and Scoping, Business Information, Fieldwork (design & implementation) and Reporting.
  • Preparation of Process map of Business Unit, Process walkthrough with their Stakeholders to understand their day to day work, Test scripts and other documentation.
  • Identify control gaps in Business Unit through Design Effectiveness and Operating effectiveness testing methodology and raise issues/findings as appropriate.
  • Monitor adequacy & frequency of CMAs (Control Monitoring Assessment Plans)/Ongoing Governance created by Business Units to assess and ensure controls are mitigating the said risks.
  • Host strategic dialogue with Business/Control Owners to highlight findings/issues while performing Review, also collaborates to develop remediation plan.
  • Partnering with onshore & offshore stakeholders and shared services with ease.
  • Drafting Audit steps, with Test scripts and Final Report pertaining to the said Review in Archer
  • Successfully led and completed internal audits for departments such as Payments, Training, MIFID, and SAR for HSBC.

Sr. Lead Analyst - Reg Internal Control Testing

American Express
09.2018 - 06.2020
  • Being a part of EMEA AML Regional Oversight Team, within GFCC (Global Financial Crimes Compliance) was responsible for overseeing the market ASA (Anti-Money Laundering, Sanctions and AB&C (Anti-Bribery and corruption) programs ensuring effective implementation of systems, Controls & procedures that are compliant with Enterprise standard, Legal and Local regulatory requirements.
  • Perform KYC Testing/Data Quality check for onboarded merchants in EMEA as per 4th Money laundering Directive
  • Record Operational risk Events (ORE) & Corrective Action plan as appropriately using Archer.
  • Establish collaboration with GFCC colleagues, MCOs and LOBCO teams.
  • Proactively identify merchant and operational risks and assess adequacy of controls to manage such risks, including recommending enhanced or additional controls.
  • Conduct remediation process & create a plan in collaboration with stakeholders and MCOs.

Sr. Business Analyst - HBCM & FC

American Express
11.2014 - 10.2017
  • Conduct in depth risk analysis on high balance valued esteemed corporate & consumer clients with credit exposure of $50000 and above.
  • Investigate for AML, Terrorist Financing, Sanctions, factoring charges, professionals refunding or any Linkage on such accounts.
  • Conduct extensive research on the spending pattern, Transactions, payments & Credit score (FICO) of these clients by using risk management tools such as Lexis Nexis, Bridger, Hoovers & IVU (to extract KYC documents)
  • Prepare a detailed report on such portfolios to recommend to Compliance to save future losses to the Company.
  • Prognostic analysis for potential future Risk, analysis outlining key Risk indicators (KRIs) to help prevent losses in advance.

Lead Credit Advisor - CFR

American Express
09.2008 - 10.2013
  • Interaction with corporate clients (High Value Profiled) and share resolution of their inquiries over email within the service level agreements.
  • Analyze risk on corporate card accounts, making sound decisions (as per Customer's Payment History & CDSS Score) to ensure recovery while maintaining high customer satisfaction levels
  • Top performer on all metrics such as Quality, Collections, RTF & VOCM score
  • Managed LED Trainings for the whole Credit department making sure 100% participation for mandatory trainings (US Regulatory) to run the business with utmost care & integrity
  • Committed to quality testing on 1LOD & deliver illustrative report.
  • Analyzed Fraud prevention & security on the accounts.

Education

B.Com (Hons) - Bachelors of Commerce

University of Delhi
New Delhi

Certification - Certified Risk Manager

International Business Management Institute
Berlin
03.2021 -

Skills

    Business Process Improvement

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Certification

Certified Risk Manager (CRM)

Timeline

Manager - Payments Compliance Investigations

Airbnb
08.2021 - 12.2022

Certification - Certified Risk Manager

International Business Management Institute
03.2021 -

HSBC - Manager - Compliance Assurance

HSBC
06.2020 - 05.2021

Sr. Lead Analyst - Reg Internal Control Testing

American Express
09.2018 - 06.2020

Sr. Business Analyst - HBCM & FC

American Express
11.2014 - 10.2017

Lead Credit Advisor - CFR

American Express
09.2008 - 10.2013

Vice President - Core Compliance

Blackrock
6 2023 - Current

B.Com (Hons) - Bachelors of Commerce

University of Delhi

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Asma RoohiVP - Risk & Compliance