Poonam Raikar
Financial Control Analyst
Pune,MH
Summary
Finance professional with over 5.8 years of experience in regulatory reporting and financial control. Skilled in risk mitigation, process optimization, and stakeholder collaboration. Proven ability to improve internal controls and reporting accuracy while driving automation and compliance initiatives.Track record of ensuring process efficiency and accuracy through control measures.
* I am primarily exploring job opportunities in Pune location due to recent change in my personal circumstance following my marriage.
Overview
6
6
years of professional experience
5
5
years of post-secondary education
4
4
Certifications
4
4
Languages
Work History
Financial Control Analyst
Wells Fargo
09.2023 - Current
- Part of COSO testing team (Internal Audit), working on Design Effectiveness (DEA) & Operating Effectiveness (OET) testing on internal controls & processes & MCA (Manager Control Assessment) for SOC 1 controls.
- Providing input on efficiency of procedures and effectiveness of internal controls (COSO & RCSA risk related to controls).
- Support teams in the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management Policy, and Control Inventory of (FRY-14Q (Securities, Regulatory Capital, Operational Risk, Capital assessments and stress testing), FFIEC 031 reports, Basel FRY – 9C, Accounting operations and Reg.
- Responsibilities includes data review of attestations, completeness and accuracy, sampling, change management, implementation of new controls, Reconciliations, Variances analysis, review of internal control procedures(ICP), Information used in control (IUC) and End user computing tools (EUCT) etc.
- Enable implementation of Issue Management Policy by performing COSO issue assessments to determine financial and/or regulatory impact or control deficiencies/operating ineffectiveness.
- Monthly and quarterly reporting of issue and corrective action status in issue life cycle; data quality reviews to adhere to documentation standards.
- Support the review and challenge process, on the effective design and management of controls to mitigate risks as required by the Control Standards, conducting the control monitoring, handling deficiencies, and escalating issues for resolution.
- Interacting with different levels for review (control owner, process owner, IT heads) of the controls. Collaborating with onshore and offshore teams understanding the process changes if any and participate in trainings, meetings & etc. Escalate any control failures.
Regulatory Reporting Analyst
Societe Generale
09.2021 - 09.2023
- Worked with various regional regulations in the OTC Derivatives space, for DFA, EMIR and partially on HKMA & MAS REG Team to carry out periodic post reporting controls to identify Regulatory reporting anomalies & rectify the issues and coordination with technology teams. In addition, team responsible to manage daily reporting activities for regulators along with rewrite and regulatory changes.
- Responsibilities also includes control testing, Trade and transaction reporting overview, reconciliation, Audit and compliance queries. (Interest rates, credit and partially FX products)
- Responsible for daily reporting activities for the respective regulations, and point out if any anomalies noted.
- Deals with internal and external reconciliation. DTCC reconciliation, Internal report reconciliation, client report reconciliations along with the client query.
- Part of migration on EUREX counterparty and LIBOR transactions and also worked on TUB reporting activities & Collateral reporting
- Preparation of KPI, Reports & Presentations to the global stake holders on Testing control achievements.
- Taking responsibility for client queries, audits and issues raised Created spreadsheets using Microsoft Excel for daily, weekly and monthly Reporting
Content Analyst
LSEG (Refinitiv)
07.2019 - 09.2021
- Take responsibility for data quality, timeliness and completeness, which includes root cause analysis of recurring issues.
- Perform entity content service for public and private companies.
- Research new and review existing resources to ensure that quality, timeliness and automation are improved.
- Promote continuous improvement through research and analysis of queries/data quality control and seek efficiencies in work practices to achieve automation where possible.
- Performing organization relationship (hierarchy) such as subsidiary, affiliates, joint ventures for Asia & German markets and private company market.
- Support specific projects and data enhancements like major content fields (corporate actions, ownerships).
- Produce analytics for internal and external clients and examine quality assurance reports.
Education
MBA - Finance
Dayananda Sagar College of Arts, Science
01.2017 - 01.2019
Bachelor of Administrative Studies - Finance & Accountancy
Adarsha Shikshana Samiti's College of Commerce
01.2014 - 01.2017
Skills
Regulatory Compliance
Certification
Certified Investment Banking Operations Professional (CIBOP), 08/21
Timeline
Financial Control Analyst
Wells Fargo
09.2023 - Current
Regulatory Reporting Analyst
Societe Generale
09.2021 - 09.2023
Content Analyst
LSEG (Refinitiv)
07.2019 - 09.2021
MBA - Finance
Dayananda Sagar College of Arts, Science
01.2017 - 01.2019
Bachelor of Administrative Studies - Finance & Accountancy
Adarsha Shikshana Samiti's College of Commerce
01.2014 - 01.2017
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