Vijaya Chaudhary

• Plan and execute audits, continuous monitoring, and closure verification of MRIAs and MRAs along with other complex issues for various Operations areas especially client onboarding and client money.
• Drive discussions and asks probing questions to further dialogue with senior business stakeholders to understand risk drivers, control state, and impact.
• Act as PMO & AIC with key responsibilities of audit scoping, identification of key risks & controls including risk assessment, fraud, and data analytics brainstorming, finalizing test plans & testing techniques, review of workpapers, lead periodic status calls, discuss findings with management, proposing issue/audit report rating with rationale & drafting audit report.
• Assist the creation of messaging of risks and controls in the quarterly pack to senior management.
• Successfully negotiated audit findings with senior management, ensuring that recommendations are actionable and impactful.
• Partner with stakeholders, business management, other control groups (i.e Risk management, compliance) establishing strong working relationships while maintaining independence.
• Managing internal stakeholders for Audits, Agreed upon procedures and Continuous monitoring
• Represented Internal Audit Operations in risk committees.
• Established partnerships with business unit leaders to ensure the alignment of audit activities with evolving business strategies and objectives.
• Work with Data analytics team to come up with various dashboards for improving and enhancing the continuous monitoring and risk assessment process.
• Delegate challenging tasks to the team members & coaching them throughout assurance activities by providing guidance, regular feedback & sharing best practices while ensuring adherence to audit methodology.
• Leveraged professional networks and industry knowledge to strengthen client relationships.

Structured Trade Review (Oct’20 – Sept’21)

• Leading the team of 20 members supporting the Middle Office desk of a major multinational bank in performing reviews on Structured Products
• Ensuring complete documentation (observations, issues) is maintained in the process
• Preparing and circulating key MIS reports measuring the throughput of the team internally and to the clients
• Nurturing team members into becoming process experts through constant guidance in understanding trade complexity, effective communication, and stakeholder management
• Conducting quality assurance checks throughout project lifecycle to maintain high standards.
• Working with the technology team to automate the trade review process, providing process optimization ideas and assist in execution and successful testing of the same

Risk System Migration (June '17- Jan '20)

• Leading and supporting the team of 25 members across UK and India in Reconciliation of transaction
• data between multiple systems which goes to regulators.
• Working with upstream and downstream technology and LOB partners on issues of reconciliation breaks.
• Preparing a roadmap with defined objectives and targets for the business transformation journey.
• Able to define and initiate projects and assign project managers to manage costs, schedule and perform component projects, while working to ensure the ultimate success of various programs.
• Coach, mentor, and lead personnel within a technical environment. Present periodic Dashboard. reports on the current program, future opportunities, and issues to clients and senior managers.
• Working on various regulations like Volcker, Benchmarking of BCBS 239 and pitching of business proposal to clients.
• Interpreting client business needs and translating them into operational requirements and targets

• Managing FX Confirmations; settlements; processing and investigations
• Maintaining Operational Risk and processes to ensure consistency across regions
• Producing reports for management, with emphasis on key performance indicators
• Liaise with different groups, including top tier Corporate Clients, Trading/Sales, MO, and Investigations
• Liaise with multiple internal/external teams to resolve issues and escalations for sensitive deals

• Migrated critical Trade Management functions from Tokyo to Bangalore to provide functional flexibility & cross-regional coverage for the Asia Funding business.
• Worked with technology and projects team to established new Triparty agent/flows for firm’s funding requirements, leading to increased revenue and dollar savings.
• Identified the internal audit map for legal and pre-confirmation process to ensure there are no loopholes and vulnerability to counterparty failure risk.
• Conduct on-board & activity base trainings, and seminars for payment authentication, anti-money laundering, escalation vs Posting and trader surveillance.
• Effectively designed and worked with BA to implement a Risk Dashboard and escalation framework to report key risk issues which improved reporting by 75%.
• Revamp the service level agreement for all the entities supported within Liquidity Operations to ensure they fall within the guidelines.
• Partnered with Operations business units to assess and streamline processes in order to mitigate risk or control issues and generate efficiencies
• Managed a team of 5 analysts, 1 Sr Analyst and 1 associate in addition to handling operational issues adhering to the guidelines provided both at an organizational level and process level.
• Worked closely with Operational Risk Management team for creating the operational framework, Risk Control Self-Assessment model and Key Risk Indicators.

• Day-to-day input management into quantitative models including pricing, financial statement, broker estimates and macroeconomic data
• Portfolio construction for accounts that need to be rebalanced on any given day, including pre & Post optimization checks
• Participate in equity alpha research to create new signals which help our Portfolio Management team make more informed decisions
• Assist QIS information management team in enhancing the data and workflow management applications Monitor cash flows and optimize cash balances across accounts, subject to transactional requirements

• Maintenance of end of day prices for fixed income Instruments, foreign exchange and money market instruments
• Maintenance of Accuracy, Completeness and Timeliness of the following in Thomson Reuter’s historical databases and products: Intraday composite Prices, Bond Analytics and Historical Yield curves
• Co-ordination with different teams such as Business Analysts & Content Specialists for successful completion of projects
• Building relationship with key stake holders like the local exchanges, contributors and clients viewing the EOD prices