Sourav Som

• Established robust operational risk management frameworks to strengthen governance against financial crime. Performed detailed analytical assessments to evaluate non-financial risks across various departments. Cultivated relationships with stakeholders to enhance engagement in risk-related discussions. Drafted thorough risk reports for senior management, providing actionable insights and recommendations. Achieved precise outcomes despite ambiguous challenges, showcasing adaptability and focus. Ensured adherence to regulatory compliance by staying informed on evolving risks and standards. Optimized stakeholder engagement processes to streamline communication of risk factors. Utilized expertise in risk management to lead initiatives that improved organizational resilience.

core responsibilities:

• Developed comprehensive governance meeting packs with briefing notes and risk analysis, enhancing informed decision-making.
• Overseeing and assembling governance meeting packs that include briefing notes and in-depth risk analysis.
• Managed governance and reporting frameworks through preparation of exco and manco packs as well as regional and business-level risk maps to improve oversight.
• Prepared management information reports, including FC scorecard, KCI, and KRI analysis through data analysis. Generated global compliance reports for IWPB and CIB, ensuring accuracy. Facilitated fraud MANCO sessions and produced relevant documentation. Responded to ad-hoc requests by gathering and delivering required data promptly.
• Facilitated risk management activities for stewards and owners.
• Leading efforts to identify automation and process re-engineering opportunities increasing operational efficiency.
• Coordinated cross-functional teams to align processes and systems, strengthening overall risk management capabilities.
• Conducted analysis of risk maps and risk appetite statements (RAS) to uncover systemic issues arising from internal and external incidents

• Assess sanctions lists for any links between investor funds and financing of crime or terrorism, facilitating timely intervention to halt illegal operations.
• core responsibilities:
• Led team focused on payment sanctions screening for Asia Pacific & Europe region, overseeing GBM and GTRF transactions utilizing FircoSoft to ensure compliance with procedures and guidelines.
• Led global quality assurance efforts for high-risk country alerts, focusing on PEP no entry list and BSA. Formulated compliance strategies for MRB business transactions to mitigate risks. Implemented robust quality control measures to safeguard against regulatory breaches.
• Strengthened financial crime risk management frameworks through collaboration with compliance teams and regulators. Worked alongside technology teams to optimize risk management strategies.
• Delegated tasks to 14 team members and tracked cut-offs to ensure adherence to service level agreements.
• Deliver subject matter expertise through extensive knowledge of business and functional area.
• Executed comprehensive analyses of specific areas focusing on risk and regulatory priorities to strengthen understanding and response.
• offering feedback to team members on production and quality.
• Managed email queries and escalations by addressing concerns promptly and effectively.
• Interacted with stakeholders to handle and resolve inquiries effectively.
• Advanced optimization of wolf filter (fircosoft) targeting reduction of false hits and improvement in screening accuracy.
• Contributed significantly to projects including light automation tool and decision re-applicator.
• Establish performance expectations for team by tracking progress towards goals and offering constructive feedback as necessary.
• Guided junior staff members in developing leadership potential and advancing careers.

• Analyzing Filtered payments against OFAC and other sanctions lists and databases as per procedures and research using tools like World Check, GMSS, HUB, FIRCO, Sea searcher and Google.
• Conducted sanctions screening to adjudicate alerts, differentiating between matches and false positives to mitigate compliance risks.
• Analyzed filtered payments against OFAC and other sanctions lists and databases following established procedures and research using tools like World Check, GMSS, HUB, FIRCO, Sea Searcher, and Google.
• Collaborated with RMs to prioritize and clear high-value transactions, ensuring compliance with process-specific turnaround times.
• Handling swift messages such as MT 103/202/199/196/760/799/540/541/303/690/691/695/696 etc.

• Reviewed filtered payments against OFAC and other sanctions lists and databases using tools such as World Check, GMSS, HUB, FIRCO, Sea searcher, and Google.
• Formulated opinions to release or block transactions based on compliance assessments.
• Escalated complex or unusual transactions to team leader for further review.
• Process high volumes of work within process specific TAT.
• Handling swift messages such as MT 103/202/199/196,195.