Ashok Pandey
2 N D V I C E P R E S I D E N T
Bengaluru
Summary
I am a highly motivated Compliance Consultant with over 12 years of expertise in Regulatory Compliance, Risk Management, Control Testing, Compliance Testing, Financial Crime, and other compliance-related functions. I am skilled in conducting compliance reviews, analyzing regulatory frameworks, and implementing corrective actions to mitigate potential risks. Proficient in managing multiple compliance projects simultaneously while collaborating effectively with cross-functional teams. Possesses excellent communication, problem-solving, and interpersonal skills, enabling effective stakeholder engagement. Adept at using compliance-related software tools and applications. Passionate about maintaining up-to-date knowledge of regulatory changes and their impact on business operations. In my personal time, I enjoy playing indoor games and watching documentaries.
Overview
13
13
years of professional experience
2
2
years of post-secondary education
2
2
Certifications
2
2
Languages
Work History
Compliance Consultant
Northern Trust
01.2020 - Current
- Performing risk-based compliance reviews across diverse business areas, including Asset Management, Asset Servicing, Fund Accounting, Depository, Transfer Agency, and core compliance functions such as Personal Account Dealing, Market Abuse, Anti-Money Laundering, Know Your Customer (KYC), Data Privacy and Protection, Record Keeping, and Conflict of Interest.
- Collaborating with stakeholders across EMEA and North America to assess the impact of regulations and controls on business operations, and maintain effective partnerships with Front-Line Business Units, Risk, and Compliance partners.
- Performing comprehensive regulatory analyses using Compliance Risk Assessment documents and Internal Policies to identify key risks within business operations, developing targeted remedial strategies and detailed test plans to effectively assess control and compliance measures, and ensuring adherence to regulatory standards.
- Facilitating walkthrough meetings with business partners to comprehend processes, collecting records for inspections and reviews, perform in-depth analysis of records and information to identify potential weaknesses using analytical reasoning, and document test results with clarity and precision.
- Preparing detailed review reports with comprehensive analysis and clear articulation of findings to ensure stakeholders understand their impact on Northern Trust legal entities. Collaborating with business compliance officers and management to agree on appropriate action plans and overseeing the timely implementation of corrective action plans through proactive follow-ups.
- Supervising Manila (TCOE) partners to ensure the successful execution of testing activities and comprehensive review of documentation.
- Assisting business unit management by conducting research on queries and addressing compliance-related issues, while escalating matters as needed.
Compliance Consultant
Wells Fargo India Solutions Private Ltd
02.2018 - 12.2019
- Successfully led and completed numerous compliance risk reviews, providing actionable recommendations that resulted in process improvements and reduced regulatory risks.
- Spearheaded the implementation of corrective action plans that ensured regulatory compliance across multiple business units.
- Recognized for excellence in collaboration and proactive communication, which resulted in stronger relationships with key stakeholders and improved compliance adherence.
- Delivered comprehensive training programs on compliance and risk management, resulting in improved team understanding and overall compliance performance.
- Executed regulatory compliance and operational control testing across North America, specializing in wholesale banking, identifying and mitigating risks related to compliance violations.
- Developed and implemented compliance policies and procedures to ensure consistent adherence to regulatory frameworks and internal standards.
- Provided training and guidance for staff on compliance protocols, promoting a culture of compliance throughout the organization.
- Collaborated with cross-functional teams to resolve compliance issues, improve processes, and develop actionable recommendations to mitigate risks.
- Conducted thorough risk assessments, analyzed regulatory compliance gaps, and developed strategies for risk mitigation.
- Reviewed internal policies, procedures, and controls to ensure they aligned with regulatory guidelines, identifying and recommending changes to improve efficiency and reduce risks.
- Prepared control-testing attributes, evaluated process flows, and utilized tools such as SHRP to analyze risk controls.
Sr. Analyst Operations
eClerx Services Ltd.
12.2014 - 02.2018
- Recognized for outstanding contributions to compliance and risk management projects.
- Spearheaded the effective execution of Collateral Management, OTC Settlement, and Equity Stock Loan Settlement functions, ensuring operational efficiency and accuracy.
- Managed collateral processes for Repo and OTC derivatives under ISDA and GMRA agreements, ensuring accurate ISDA CSA margin management and portfolio reconciliation through TriOptima for bilateral and Repo counterparties.
- Responded to and issued margin calls using HazelTree, AcadiaSoft, and TriOptima, ensuring timely and accurate payments in compliance with contractual agreements.
Associate, Fund Accounting
State Street Syntel Services Pvt. Ltd.
01.2013 - 10.2014
- Experienced in fund accounting and NAV processing for a U.S.-based custodian bank, ensuring accuracy and compliance.
- Proficient in NAV ALERT, Bloomberg Terminal, Multicurrency Horizon Applications, and MS Office Suite.
Education
Master of Commerce (M. Com) - Accounting And Finance
Jain University
Bengaluru 07.2023 - Current
Bachelor of Business Management - Accounting And Finance
Samata Degree College
05-2012
Skills
- Regulatory Compliance & Control Testing
- Risk Management & Financial Crime Risk
- Business Process Improvement & Policy Analysis
- Leadership & Team Collaboration
Certification
Internal NT Power BI Training
Awards
Employee of the Month: Excellence in Compliance Risk Management: Awarded for delivering value-added compliance reviews that positively impacted business operations.
Timeline
Master of Commerce (M. Com) - Accounting And Finance
Jain University
07.2023 - Current
Compliance Consultant
Northern Trust
01.2020 - Current
Compliance Consultant
Wells Fargo India Solutions Private Ltd
02.2018 - 12.2019
Sr. Analyst Operations
eClerx Services Ltd.
12.2014 - 02.2018
Associate, Fund Accounting
State Street Syntel Services Pvt. Ltd.
01.2013 - 10.2014
Bachelor of Business Management - Accounting And Finance
Samata Degree College
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