Monica Mishra
Hyderabad
Summary
Looking for an opportunity in a progressive organisation having challenging ambiance to leverage my overall experience, skills and proficiency in a challenging role.
A result oriented professional with 5 years of experience in control testing, operational Risk Management and Performing independent oversight as part of Second Line of Defence, expertise in Independent Risk Management with excellent understanding of testing design and performance of controls, issue identification and validation, suggesting and assessing corrective actions, issues remediation, audit and quality assurance activities. Proficient at testing Regulatory (Major Requirement) testing, Business Process Testing and Targeted testing, Risk based Compliance and transactional Testing and Control Testing. Also have hands on experience in Default Foreclosure, Claims and Investors Operations in Home Lending Servicing.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Compliance Specialist
Wells Fargo India Solutions Pvt. Ltd
Hyderabad
06.2022 - Current
- RCM(Reg Change Management) Team holds the responsibility to Establish, implement and maintain risk standards and programs to drive compliance with federal, state agency, legal, regulatory and corporate policy requirements.
- Establish, implement and maintain risk standards and programs to drive compliance with federal, state agency, legal, regulatory and corporate policy requirements.
- Oversee the Front Line’s execution and challenges appropriately on compliance related decisions.
- Provide compliance risk insight and support projects and initiatives with low to moderate risk for business.
- Support reporting, escalation and timely remediation of issues, deficiencies and regulatory matters regarding Compliance Risk Management.
- Engage with Quality Assurance, Vendor partners, Legal and compliance teams to discuss key process updates and clarify doubts.
- Assist Manager in driving process efficiencies and keeping the process procedures up to date.
- Participated in the Historical Analysis project.
- To Scan all the Federal Agency websites to check on new alerts and updates relevant to the Bank and then upload them on the vendor tool.
- Modify MCR, Create Compliance Change Requests and modify them according to the requirements.
- Worked in International Citations, US Citations and PSDR(Product Specific Disclosure Requirements)
- Prepared Source Analysis Template and Bulk Import Template required for loading Data on SHRP tool
- Well-versed with Vendor tools like SHRP, Cube, EARL, OneSumX Proviso, Wolters Kluwer-CPM
- Received various appreciations from LOB’s for the work performed.
- Prepared SOP for one of the process which is in pipeline to get approved, to support the team.
Analyst
First Source Limited
05.2021 - 05.2022
- Performed independent oversight as part of SLOD on front Line Business activities and evaluate business controls.
- Performed transactional testing on pre-scripted test scripts to verify the adherence to internal policy requirements.
- Performed SOP and Process flow reviews.
- Worked to support and execute various control testing reviews, transactional testing and automated testing projects.
Enterprise Testing Associate
Wells Fargo India Solutions Pvt. Ltd
Hyderabad
03.2015 - 03.2018
- Worked with Wells Fargo's Independent Risk management function, supporting Enterprise Risk Management goals by ensuring that the business within the organization has controls in place to meet the Regulatory requirements and internal policy requirements.
- Performed testing on Business Process Risk Management, Targeted Testing and Major Requirement testing.
- Supported associates with their reviews, coached and mentored them.
- Lead process walkthroughs and weekly project status calls with line of business, Independent Risk Management partners.
- Create test script, test and rate the control design and control performance.
- Communicated findings and drafted a comprehensive report of audit results.
- Partnered with business functions, proposed control recommendations and validated action plan for the reportable issues.
- Established and maintained cordial relationship with compliance leaders, Risk Partners, Audit Services, and line of business leaders for improving operational efficiency.
- Identify the scope of additional or redundant controls.
- Perform transactional/non‑transactional testing to verify adherence to Regulatory and internal policy requirements.
- Responsible for defect remediation & Issue Validation.
Education
B.Com -
Pragati Mahavidhyalaya
Hyderabad, IndiaSkills
- Operational and Compliance controls
- Risk Assessment
- Risk mitigation
- Internal Audit
- Quality Assurance
- Compliance Auditing
- Banking operations
- Excellent communication skills
- Leadership qualities
- Problem solving skills
- Capital Markets
- Company Law 1956
- Company Law 2013
Certification
I hereby certify that the above information is true and correct to the best of my knowledge.
Hobbies and Interests
- Playing basketball
- Cricket
- Athletics
- Dancing
Languages
- English
- Hindi
- Telugu
Personal Information
- Father's Name: Ramesh Mishra
- Date of Birth: 05/16/94
- Marital Status: Married
Languages
English
First Language
Timeline
Compliance Specialist
Wells Fargo India Solutions Pvt. Ltd
06.2022 - Current
Analyst
First Source Limited
05.2021 - 05.2022
Enterprise Testing Associate
Wells Fargo India Solutions Pvt. Ltd
03.2015 - 03.2018
B.Com -
Pragati Mahavidhyalaya