Sandip Bhure

Currently leading Operational Risk function for Currency, Commodities & Derivatives Operations, Global Fixed Income Operations and Global Equities Operations at GBS includes post trade operations including Trade Control, Confirmations, Settlements, Deal Review, reconciliation processes.

Previously leading Enhanced Quality Assurance (EQA) function for Fixed Income Derivatives Core Operations.

• Established 15 member Quality Assurance team for Fixed Income and Derivative Core Operations (FDCO) function, developed test scripts for High Risk Processes (HRPs), trained staff, developed sampling methodology, and designed sampling tool
• Developed and implemented Supervisory Review Framework using Tableau for Global Markets to track process exceptions & key metrics on a daily basis for Sr. Management
• Proactively identified operational risks, resulting in highest number of self-identified issues recorded across Global Markets Operations
• Reviewed Operational Risk Events and provide thematic view to Sr. Management
• Coordinated with global stakeholders on various risk initiatives/control projects and track progress
• Developed and delivered risk awareness sessions to employees on variety of topics, including ‘Raise Your Hand', Events Case Study, Delegation of Authority, Phishing clicks, Information Security Violations etc.
• Formulated and implemented resiliency strategies as part of ‘Never Down' initiative for GMO - redesigning business recovery plans, workforce distribution, and stronger testing rigor
• Monitored metric breaches and policy compliance (block leave, data leakage, Investment Monitoring, FINRA covered person etc.)
• Convene monthly risk governance with senior management
• Front ending internal and external audits, validation of artifacts to be submitted to audit

Leading Operational Risk for UBS Group Finance - Product Control, Valuations Control, Trade Lifecycle, Cost Controlling, and Regulatory Reporting.

• Established Risk Operational Risk Governance framework including Incident & Consequences (I&C) management process
• Developed and delivered risk awareness sessions to employees on a variety of topics, including, Events Case Study, Issue Self-Identification, Information Security etc.
• Received ‘Enabler of the Year' award across Cognizant Banking and Financial Services (BFS) Vertical for instituting risk team and improving risk posture
• Reviewed Operational Risk Events and provide thematic view to Sr. Management
• Performed management testing of controls for SSAE 18 compliance
• Convened monthly risk governance with Senior CTS and UBS Stakeholders

Responsible to develop resiliency program for the Deloitte U.S. India firms.

• Performed Business Impact Analysis (BIA) for Deloitte U.S. India offices
• Assessed potential qualitative and quantitative impact on Deloitte U.S. that could result from disruption

Handled various consulting assignments in Risk, Audit, and Information Security domain across Europe and US. Key Clients includes GE, E.ON Energy Trading, Yell Group, The Carphone Warehouse, Citibank, Carrier refrigeration.

• Documented IT & Finance processes, identified and designed key controls for SOX Compliance
• Worked extensively on industry standards such as ISO 27001 and COBIT
• Performed IT General Controls (ITGC) testing, third party risk assessment, segregation of duties (SOD) review etc.
• Identified control gaps, and provided guidance and support for remediation

Part of SOX Team for complying with requirements of Sarbanes-Oxley (SOX) Act including business processes documentation, process walkthrough and controls testing