Ramdas B Menon
CRCMP
Thrissur
Summary
Certified Risk and Compliance Professional with extensive experience in managing and executing multiple Risk and Compliance, Internal Audit projects across reputed organizations.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Assistant Manager –Senior Consultant 3
Ernst & Young
11.2021 - Current
- Part of EY GDS Risk Consulting enterprise risk management team and responsible for managing multiple risk and compliance consulting engagements for major clients in MENA region
- Successfully managed Consumer Protection Regulation control validation (CPR) project for Commercial Bank of Dubai covering 10 articles and 520 plus applicable compliance obligations to ensure accuracy and completeness of CPR implementation across bank
- Conducted testing and validation of compliance controls and consumer facing documents such as disclosure agreements, terms and conditions, schedule of charges etc
- Performed a compliance project for Abu Dhabi Media and Broadcast Company were I have conducted current state assessment of existing compliance function and reported gaps
- Additionally, developed compliance framework based on ISO standards along with compliance policies, procedures, job descriptions, training materials etc
- I was part of a risk based insurance supervision project for Central Bank of UAE (CBUAE). As part of project, conducted walkthrough for CBUAE internal market conduct and fraud insurance operations teams and identified gaps and enhancement areas
- Conducted a benchmark analysis of market conduct and fraud supervision process against global industry best practices and developed new framework and KRIs for strengthening insurance supervision across UAE
- Developed a Compliance Universe for Hunger Station, KSA
- As part of project, worked with Legal Department and identified and documented all laws, rules, codes and standards that are applicable to Hunger Station business operations
- Worked on a Risk Assessment project for Entrust capital UAE and developed a detailed Risk Register covering detailed risks and controls
- Identified key risks across departments and mapped controls against the identified risks along with risk ratings
- Performed Risk assessment for Barraquer Eye Hospital UAE, identified key risks across all the functions and developed a comprehensive risk register detailing the controls
- Experienced in developing and enhancing of various policies such as Risk Management policy, Compliance Policy, Conflict of Interest policy, Whistleblowing policy etc for high profile MENA clients
- Experienced in drawing process flow charts using Microsoft Visio Tool.
Enterprise Testing Associate
Wells Fargo Bank
07.2019 - 11.2021
- Part of 2nd line of defense, responsible for leading and conducting Regulatory Compliance Audits
- Understand and document scope of review
- Perform process walkthroughs and prepare process narratives
- Conduct control design assessments and publish design ratings for controls
- Develop test procedures for the associated controls
- Determine sampling methodologies and evaluate population
- Execute testing and document control performance ratings
- Identify control deficiencies and recommend improvements related to key controls
- Analyze and escalate potential issues
- Assist business in determining root cause and remediation
- Draft and distribute final report to key stakeholders.
Team Lead
State Street Bank
02.2015 - 06.2019
- Conduct Periodic Internal Audits on internal controls to ensure that operational risk procedures are followed
- Monitoring & testing of internal controls against set test methodology
- Identify process gaps and make recommendations to control Risk
- Publishing control testing results to Governance and business
- Creating remediation plans and follows up with operation for closure
- Conducting control enhancement programs with business operations
- Prepare audit finding reports for review period
- Rolling out regular training programs pending status to Bu heads
- Conducting Risk awareness events across departments
- Managing and assigning work to team members.
Senior Associate
Hewlett-Packard (HP)
04.2010 - 02.2015
- Experienced in Vendor Data Management and Procurement operations
- Responsible for managing Vendor details SAP data base
- Creation of purchase orders to suppliers based on purchase requisitions.
Education
MBA - Finance
Bharathiyar University
Coimbatore, India 04.2001 -
Skills
Regulatory Compliance reviews
Internal Audit
Risk Assessments and Risk Registers
Internal Control design assessments and Performance testing
Operational Risk Reviews
Monitoring and Testing
Expertise in developing policies & procedures
Expertise in ISO 37301, COSO internal control framework
Certification
Certified Risk and Compliance Management Professional (CRCMP)
Timeline
Assistant Manager –Senior Consultant 3
Ernst & Young
11.2021 - Current
Enterprise Testing Associate
Wells Fargo Bank
07.2019 - 11.2021
Team Lead
State Street Bank
02.2015 - 06.2019
Senior Associate
Hewlett-Packard (HP)
04.2010 - 02.2015
MBA - Finance
Bharathiyar University
04.2001 -