Somnath Nemani
Hyderabad,TG
Summary
Driven Senior Consultant with 5 years' experience in the Risk and Compliance consulting field. Adept in collaborative problem solving, risk management and creative solutions. Passionate about bringing changes in businesses. Proficient in conducting primary and secondary research.
Overview
5
5
years of professional experience
1
1
Certification
Work History
Senior Consultant - Lead Solution Advisor
Deloitte AERS India Pvt Limited
Hyderabad, TG
05.2019 - Current
- Evidence-Based Control Evaluation (EBCE) - Controls Testing: Fostered a partnership with the Regulatory and Legal Services (R&LS) department to facilitate Controls Testing at one of the preeminent financial institutions. This task encompassed a thorough audit of controls using a variety of strategies such as Control Inspection and Control Re-Performance. Ensured detailed examination and assessment to bolster regulatory compliance and risk management.
- Accounts Reconciliation: Headed a versatile team tasked with handling and reconciling client accounts during shift from PeopleSoft to SAP systems. Ingeniously crafted macro tools, which remarkably cut down operational time by over 90%, reducing it from 1.5 hours to a mere 8 minutes.
- Anti-Money Laundering (R&OR): Played a pivotal role in achieving SEC US guideline compliance by diligently remediating client accounts. Dedicated over a year to mastering Anti-Money Laundering (AML) guidelines, demonstrating proficiency in Know Your Customer (KYC), Customer Identification Program (CIP), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) operations, and Ultra High Net Worth (UHNW) transaction monitoring. Employed advanced tools like Lexis Nexis and proprietary in-house systems for efficient identification of sanctioned entities.
Education
Master of Science - Data Science
International Institute of Information Technology
Bengaluru, India06.2024
Post Graduate Diploma in Management -
International Management Institute
New Delhi, DL03.2019
Skills
- Python
- Data Analysis
- Power BI
- Alteryx
- Microsoft Excel
- Operational Risk Management
- Risk Management Framework
- Regulatory Compliance
- Internal Auditing
- Risk Control
Languages
English
Hindi
Telugu
Certification
- Certified Alteryx Core Designer
- Python Bootcamp - UpGrad
Timeline
Senior Consultant - Lead Solution Advisor
Deloitte AERS India Pvt Limited
05.2019 - Current
Master of Science - Data Science
International Institute of Information Technology
Post Graduate Diploma in Management -
International Management Institute
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