Dancing
MOHINI THAKUR
Senior Business Accountability Specialist
Hyderabad
Summary
Experienced Due Diligence Consultant with 7+ years of expertise in Quality Assurance, Customer Due Diligence, US bank regulations, Compliance, and Mortgage. Successfully managed a team of 10 members, fostering their growth and mitigating conflicts of interest. Conducted compliance audits in adherence to US policies and banking regulations. Collaborated with government financial regulatory bodies on live projects to ensure strict compliance with policies and procedures. Focused on the role of Information Center in compliance projects and complaints audits. Proactive and efficient, consistently delivering exceptional results.
Overview
7
7
years of professional experience
2021
2021
years of post-secondary education
2
2
Languages
Work History
Senior Business Accountability Specialist - Team Lead
Wells Fargo
04.2024 - Current
- Worked as Team Lead for QA in the Internal Investigations (Conduct Management)
- Conducted interviews in hiring new team members for the Quality Assurance
- Performed Quality Assurance to the Investigation, team who performs investigation related to conduct management, Code of ethics
- Mitigated risk by providing feedbacks to the TM's and to the Line of Business once a quality review is done
- Selected in a team of special secret executive projects (NDA signed) apart from the core
- Worked as the last line of defense in auditing the financial complaints and customer due diligence (CDD)
- Partnering and working with cross Line of Business and US regulatory bodies to ensure each cases are handled as per the policies mentioned in US banking regulations
- Research and reviewed each cases handled in the project and thereby authorizing monetary relief as per procedures to clients
- Audited as the final reviewer for each case, which is submitted by the case specialist to ensure if they have worked the case as per the US regulations
- Collaborated and partnered with internal partners to provide the feedback reviews for the research done by case worker and to check if it complies with Enterprise complaints management policy
- Exercised independent judgement while developing control activities of the business
Business Accountability Specialist
Wells Fargo
09.2022 - 03.2024
- Participate in research, assessment, and documentation of matters relating to the business' policy and regulatory adherence, risk mitigation, or control efforts; identify patterns and trends and looks for opportunities for procedural or control improvements within area of focus
- Conduct assessments and analysis of basic business or operational outcomes, systems of record, technical assignments, documentation, procedures, or challenges that require research, evaluation, and selection of alternatives; exercise independent judgment to guide completion of medium risk deliverables
- Review customer complaint cases prepared by a case worker and determine if these comply with the requirements and standards set out in the Enterprise Complaint Management Policy
- Present concise and well-articulated findings and recommendations, including rationale, to facilitate resolution of identified matters; exercise independent judgment while developing expertise in the risk mitigation or control activities of the business
- Engage in additional research and studies to enhance regulatory knowledge
- Collaborate and consult with colleagues, internal partners, and other business stakeholders to provide feedback, credibly challenge issues, and calibrate, as needed, to ensure alignment, consistency, and accuracy across groups
- Participate in cross-organizational or internal operational initiatives and improvement efforts
Business Execution Consultant
Wells Fargo
01.2021 - 08.2022
- Lead support functions or operations for multiple business groups and contribute to large scale strategic initiatives
- Understanding and analyze the need for a Third Party and the Risks that it could come with during the process of engagement
- In-depth knowledge of Third-Party Due Diligence process of Identifying, assessing, and mitigating third party risks during and after entering contracts during onboarding, ongoing monitoring, and termination processes in depth understanding on different type of Services and engagements with the third-Party Service provider
- Gathering information from business on the service, evaluating them, finalizing compliance and risk evaluations, and updating them in the tool as a part of Due diligence activities
- Follow up with the Risk Partners and provide adequate responses in case of any questions / queries about the provided responses - Collaborate with Lines of Business and other required stakeholders
- Serving as a Subject Matter Expert (SME) to identify and address key third party related risks and areas of concerns associated with new and existing third-party relationships
- Ability to translate the Risk Entities to the Line of business and address the requirements and concerns
- Determine areas of strength or Business Execution opportunity within defined scope of work
- Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations
- Present recommendations to develop, implement and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business
- Ability to challenge Lines of Business if needed during the process of Risk evaluation
Financial Analyst
Wells Fargo
12.2017 - 12.2020
- Credit Underwriting / Analysis Credit Approval Reporting & Documentation Loan Documentation Review Risk Analysis & Assessment Cross-functional Coordination Team Management
- Empathy & Positive Attitude Willingness to learn
- An experienced professional with rich skills in Mortgage Underwriting
- Applications for loans, determining liability risks, and setting rates on loans based on their findings; currently engaged in underwriting analysis of the Multifamily and Project Management
- Proficiently managing financial statement analysis, report preparation, and due diligence tasks
- Along with supervising multiple balance sheet and income statement concerning the acquisition of real estate assets in the portfolio
- Expertise in conducting thorough credit assessments on applications, assessing creditworthiness and risk preparing & drafting reports that detail risk assessment findings that contribute to the final decision
- Capacities in preparing & drafting reports that detail risk assessment findings and contribute to the final decision Management
- Sound understanding of the concepts of Financial Analysis and Management
Education
Master of Business Administration - Finance
Aradhana School of Business And Management
Bachelor of Commerce - undefined
St Ann's College
Skills
- Problem-Solving
- Computer-Literacy
- Strong Communication
- Portfolio Analysis
- Financial Modeling
- Team Player
- Highly Motivated
- Analytical Thinker
Interests
Event Organizing
Volunteering
Personal Information
Date of Birth: 03/07/96
Timeline
Senior Business Accountability Specialist - Team Lead
Wells Fargo
04.2024 - Current
Business Accountability Specialist
Wells Fargo
09.2022 - 03.2024
Business Execution Consultant
Wells Fargo
01.2021 - 08.2022
Financial Analyst
Wells Fargo
12.2017 - 12.2020
Bachelor of Commerce - undefined
St Ann's College
Master of Business Administration - Finance
Aradhana School of Business And Management
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