Santhosh Purushothaman

• Provide end to end application support / tech advise for ACBS - Lending application used across global countries.
• Work closely with lending operations, QA and development teams on incident resolution and root cause analysis.
• Analyse the reported issue and determine the root cause to understand the problem and come up with a mitigation plan to curtail issues
• Understand & identify the technical / operations risk of application design and logics.
• Assist with UAT, deployments and post release validations.
• Coordinate and support internal & external audit requirements (SOX).
• Partnered with stakeholders across Operations, Technology, and Risk functions to document risks, controls, and key risk indicators (KRIs) in line with enterprise risk frameworks.

• Independently review, challenge and support risk management activities.
• Perform Risk & Control Self-Assessment (RCSA) for the entire business area.
• Coordinate, organize and facilitate the risk trends happening across the respective BAU.
• Perform control testing to understand the effectiveness of the control design.
• In response to material risk events, conduct independent deep dive reviews and assessments to determine root cause. Furthermore, assess control environment, escalate issues, and identify/monitor remedial actions to mitigate against the risk of future losses.
• Perform internal auditing to understand the efficiency of the existing control design and implement further / new controls based upon the risk appetite.
• Support reporting and monitoring of metrics and Key Risk Indicators (KRI) at the product line and divisional levels Coordinate, organize and facilitate internal, SOX and other external audits.
• Consult with internal groups such as Firm & Enterprise Operational Risk Control, Compliance, Legal, and other Operations teams on matters related to risk controls, self-assessments, incidents, and infrastructure projects.
• Approach the process based on Enterprise Risk Management Framework (ERMF) to ensure the controls are well designed protecting the bank from various types of internal & third-party risks.

• Managing team performance and service delivery across Chennai and Bangalore location.
• Access crew performance by conducting monthly 1 to 1 discussion with the team members to understand their vision and set short / long term goals to accomplish the business requirement.
• Working closely with onshore middle office management to ensure that capacity planning and demands upon Offshore Operation resources are assessed.
• Work closely with Private Bankers, External Solicitors, External and internal surveyors, internal Legal team & credit risk team to ensure smooth run of business.
• Assist with the development of operational standards and strategic business goals.
• Authorise high value Equity Funding, Trade settlements, Deposits, and other ancillary products.
• Exposure to Credit Documentation, Account Opening, Marking of collateral limitsin the system, Mortgage / Loan Redemptions, and discharges of the securities such as Land, Cash, Life Policy

Roles: Nov 2013 to June 2015 - Analyst, June 2015 to Feb 2017 - Senior Analyst, Feb2017 to Aug 2019 - Subject matter expert & Aug 2019 to June 2020 – Manager

Risk & Control – Quality Assurance:

• Coordinate with internal Chief Control Office team to complete the RCSA for the relevant business.
• Perform control testing to ensure the process standards & procedures are followed diligentlyResponsible to perform internal audits.
• Identify control weakness and suggest appropriate remediation.

Securities Operations:

• Proficient knowledge of End-to-End lifecycle of Trade.
• Organize adequate funds in respective currency accounts to facilitate trades across global markets.
• Research and resolve any discrepancies related to cash breaks created due to mismatch in trade settlement ledger books.
• Work in conjunction with Portfolio Managers to ensure timely settlement.
• Effectively interact with Dealing Desks and Custodian Banks to coordinate timely resolution of complex trade issues.

Credit Operations:

• Responsible for document receipt & Management, Document Validation, Condition Precedent execution, Account Opening, Expired Facility Letter management, Set Up Facility & Marking of collateral limits in the system.
• Extensive handling of Treasury deals in ACBS / SOLD system, Redemptions, discharges of the securities such as Land, Cash, Life Policy exposure to Work closely with Private Bankers, External Solicitors, External and internal surveyors, internal Legal team & credit risk team to ensure smooth run of business.

• Underwrite loan files to determine whether given loan docs are in compliance with company and investors guidelines.
• Verify appraisal document of the Loan property in order to make sure whether the property is meeting the requirements of the client.

• Role covers responsibilities of financial, Risk and Control analyst for (Risk andControl Management) Collections Mortgage and cards.
• Recheck, analyze & audit the entire collection operation activities (mortgage andcards) against the control parameters laid down by Federal Law of USA, which isscrutinized by Risk Control & Self-Assessment (RCSA) Strategy & Execution team,the National RCSA Team from USA.