I’m a Risk Management and Compliance professional with 3+ years of experience in operational risk, internal controls, and control remediation within regulated environments. I specialize in identifying control gaps, assessing design and operating effectiveness, and supporting remediation initiatives across cross-functional teams. With a strong foundation in risk frameworks, regulatory interpretation, and stakeholder reporting, I focus on building efficient, sustainable control environments. I also leverage automation and analytics to improve reporting accuracy, operational efficiency, and audit readiness..
Hi, I’m
Punit Palecha
Risk and Compliance Professional
Bangalore ,Karnataka
Summary
Overview
3
years of professional experience
1
Certification
3
years of post-secondary education
Work History
Mr. Cooper Group Bangalore , Karnataka
Senior Operations Control Associate
08.2022 - 01.2026
Job overview
- Performed financial, operational, and compliance control assessments aligned with internal policies and regulatory expectations.
- Conducted process walkthroughs, control design reviews, and operating effectiveness testing, identifying gaps and root causes.
- Maintained risk profiles, control documentation, and assessment artifacts supporting effective risk prioritization.
- Supported control remediation efforts, working closely with Risk, Compliance, Internal Audit, and business stakeholders.
- Provided control subject matter support for initiatives and projects driven outside the Control Management function.
- Developed and tracked control health metrics, contributing to monthly recurring management decks and senior updates.
- Automated reporting and control tracking using Excel VBA and Power BI, reducing manual processing time from 35 minutes to 2 minutes.
- Collaborated with Technology and Central teams on data quality issue resolution, reporting enhancements, and UAT support.
- Reviewed feedback from independent oversight and audits, ensuring corrective actions were implemented to mitigate recurrence.
- Mentored junior associates, improving control documentation quality and consistency.
- Recognized with Best Employee of the Month (twice) for process improvement and automation initiatives.
Education
Queen Margaret UniversityEdinburgh, United Kingdom
MBA in International Finance from Finance & Accounting
05.2024 - 10.2025
University Overview
Garden City UniversityBengaluru
B.Com(Hons) from International Finance & Accounting.
07.2019 - 07.2022
University Overview
Skills
- Operational Risk & Controls Framework
- Risk & Control Assessments (RCSA / RAS)
- Control Design & Operating Effectiveness Testing
- Control Remediation & Issue Management
- Regulatory Interpretation & Policy Enhancement
- Control Monitoring & Governance
- Stakeholder & Project Management
- Control Metrics & Management Reporting
- Process Improvement & Automation
Certification
- Financial Modelling by Skill Nation
- Business Intelligence using Power Bl (2 days workshop by Skill Nation)
- Excel using Artificial Intelligence (workshop by Office Master)
- McKinsey Forward Learning Program
Languages
English
Proficient
C2
Hindi
Proficient
C2
Marathi
Proficient
C2
Area's of Interest & Expertise
Area's of Interest & Expertise
- Operational Risk Management
- Identifying, assessing, and monitoring operational risks across processes, with a focus on materiality and impact.
- Risk & Control Assessments (RCSA / RAS)
- Evaluating control design and operating effectiveness, maintaining risk profiles, and supporting enhancements to risk assessment structures.
- Internal Controls & Control Remediation
- Identifying control gaps, performing root cause analysis, and supporting sustainable remediation to strengthen control environments.
- Compliance & Regulatory Interpretation
- Translating regulatory requirements into practical policies, procedures, and controls that align with business operations.
- Control Monitoring & Governance
- Ongoing control oversight, issue tracking, and coordination with independent oversight and audit teams.
- Stakeholder & Cross-Functional Collaboration
- Working closely with Risk, Compliance, Audit, Technology, and business stakeholders to drive control initiatives.
- Management Reporting & Risk Metrics
- Developing meaningful metrics and dashboards to assess control health and support informed decision-making.
- Process Improvement & Automation
- Leveraging Excel VBA, Power BI, and structured reporting to improve efficiency, accuracy, and audit readiness.
LinkedIn
https://www.linkedin.com/in/punit-palecha-617b2b190
Achivements
Achivements
Recognized for outstanding performance, awarded the coveted Employee of the Month.
Timeline
Queen Margaret University
MBA in International Finance from Finance & Accounting
05.2024 - 10.2025
Senior Operations Control Associate
Mr. Cooper Group
08.2022 - 01.2026
Garden City University
B.Com(Hons) from International Finance & Accounting.
07.2019 - 07.2022