Subashini Mahesh

• Manager - Internal Financial Controls Framework - UK Audit and Corporate Governance Reforms (UK ACGR)
• Remediation for MRC (Management Review Control)
• Uplifting the control gaps identified for each Process in the Risk and Control Matrix (RaCM), Mangement Review Control document (MRC), End User Computation (EUC)RACM, Preparing Test Evidences for the controls by completing the Remediation Plan as per Framework
• Liaising with Stakeholders to ensure Implementation of the Remediation Plan End to End
• Completion of Remediation as per timeline
• Covering Finance & Other Functions processes as part of Phase 1 & 2 Remediation and Country variations as part of Phase 2.5 Remediation
• Preparing pack for GPO / GPM Sign off meetings for the Completed Remediation
• Control Evidence for UK ACG tagged EUCs using CIMCON tool as per Framework
• Documenting the control evidence and embedding in DOI
• Uploading the evidence and ensuring completion of the approval workflow
• On-boarding new EUCs and decommissioning existing EUCs, as per the Process requirement
• Performing UAT / UVT for the new UK ACGR modules in M7
• Responsible for Overall Consolidated RaCM for the UK ACG Programme
• SME of MRC & EUC Remediation for wider Finance Risk and Governance team
• Management Information to Working Group Committee, Senior Management and Global Process Owners (GPO) for MRC Remediation status
• EUC Remediation status
• Trained wider Finance teams on the Module “Third Party Risk Management”, as part of the Finance Risk and Governance Team’s Learning Programme

Operational Risk Frame work:

Performance of Testing (CST/KCI):
• Collation and Gathering of evidences
• Data Quality assurance of Inputs
• Sampling as per the CST KCI definition in line with potential failure and control descriptions
• Preparation of data collection templates to summarize results
• Highlight the relevant gaps with respect to policy/procedures/process documents focusing on end to end process
• Review the KC/CST checks and highlight to process owner/Group OR to revise the control checks

Challenge and Reporting:

• Report exceptions and follow up on remediation actions, ensuring appropriate closure of the actions
• Carry out challenge session / agreement with workstreams to arrive at the final Test results submission
• Preparing inputs to FORF

Risk Management:
• Evaluating process universe based on the changes in the process
• Evaluating Gross Risk by reviewing the Risk Register and implementing changes as per the latest Standards & Policy
• Based on identified causes/controls or changes in process , defining new CSST/KCI
• Periodically review applicability of CST/KCI, appropriateness of sampling methodology and sample size and work with Governance team
• Point of contact for ORF testing related queries
• Perform & Maintain working paper templates for the tests executed
• Support 2LOD test results reviewing as requested

Dashboard Support – Responsibilities:

a. Sharing the status report to the Business teams regarding data updation.

b. Collection, consolidation and validation of all the data points for publishing of various dashboard.

c. Review of Dashboards and raising the right questions to the business teams in terms of variances identified.

d. Understanding the design changes requested by the business team and coordinating with the design team, for implementing the requested changes.

e. Monitoring and reporting position, exposure & M2M on a Daily, weekly, monthly & Quartely basis (Credit & Counterparty Dashboards) as per Policies

• Providing necessary support for the adhoc request from the management
• Key Resource to the head of CR & CP Risk assisting with the control functions and ensure its compliance by the different business units
• Participating and preparation of supporting documents for the different executive committees
• Identifying emerging risk & Control issues, taking ownership of key responsibilities
• Comply with SLA for delivery of risk reports
• Oversee limit usage, excesses, and risk procedure’s
• Review and approve new products & businesses
• Complete analysis of the M2M price movements and exposures
• Ensuring all the process have standard DTP with version control with any changes within a week of implementing the change
• Ensuring automation of the reports to reduce manual intervention and increase efficiency
• Assisting Risk office in reviewing / approving the Credit and Counterparty proposals and the setting up and updating the limits in the respective system
• Updating of Limits/ Ratings and Tenors in systems for CR and CP
• Scrutinizing & analyzing the risk profile of clients and categorizing them in low, medium and high level
• Analyzing financial condition of high risk, visibility clients & recommending courses of action including necessary risk mitigation

Projects completed at Olam International :

• Data Integration of Rubber Reports (From CXE to SAP)
• M2M report for Palm, Rubber, SVI
• Integration of other marketing units outside OIL into CP M2M Report
• Checks in SAP systems for Credit & Counterparty limits including rigorous follow up with SAP, key origin profit centres
• Integration of OPS & SAP fields in ORS for revised Budget module
• UAT Performed on New Screen Development in SAP for CR and CP to capture Limits and Tenor
• UAT performed on OPS in Credit and Counterparty Limit and tenor check for all the profit centres
• Involved in project with digital Team in automating the Weekly reports
• Automation of Origin Reports from System (SAP – BI interface)
• Developed a new report for management view ( Trend analysis) for all products)
• Collaborated with Singapore Risk office team in Migration of New reports
• CP M2M report for major procurement origins in BI Tool

• Distribution of Daily Reports and Monitoring of Market Risk Exposures against Limits(Country, Regional, Group Level)
• Maintaining static data information in VAST2
• Responsible to generate Daily/Weekly/Monthly/Quarterly Risk Reports and deliver as per the agreed SLA
• Maintaining/updating of Temporary and Permanent Limits in the in-house system
• Updating the Process document to reflect the up to date process and adhering to Quality processing of the reports prepared
• Worked with Country Risk Teams to ensure accurate and timely reporting
• Maintaining the updated Risk Register, and participated in all projects assigned by the Management
• Supported all queries raised by RP for CST / BKCSA checks
• Produced and filed reports to inform senior management of current activities and progress with investigations.

• Responsible for Reconciling Nostro Accounts for MESA, NEA & SEA countries using SMART STREAM RECONCILIATION & TLM systems
• Preparing exhibits and distributing it to respective departments
• Compilation of reports (Daily, weekly, monthly) on a regular basis
• Regular and Diligent follow-up and escalation of non receipts of funds thereby reducing the financial risk
• Integrity checks between the balance in the reconciliation tool and the GL
• Recalling of payments made in error advising of return of funds
• Training New joiners effectively & Handled customer queries
• Prepared/updated Department Operating Instructions (DOI) for all processes & sub processes