Highlights:

Skills:Operational Risk, AML, Compliance, Regulatory Compliance

Consultant/Adviser – Operational Risk and Assurance 04/2015 - current
National Australia Bank- NAB Wealth, Sydney, NSW Australia
Industry: Banking
Development of a framework for operational risk and providing assurance support for various divisions for NAB Wealth
• Accountable for managing and providing first level support to NAB Wealth BCP/BCM Manager on matters of BCP, Crisis Management, Incident Management and Disaster Recovery • Business unit support through independent reviews and testing of their respective risk profiles • Partnering with the Head of Management Assurance to work with the business to ensure that key risks and obligations are being managed to enable the execution of business strategy • Working with the Project Manager and the Technology on the Implementation of the new Risk Reporting tool • Perform operational risk and/or compliance assessments across business units and evaluate the controls over existing risks and risks associated to change program • Providing high-level AML Advisory assistance to business from a business planning and project implementation objective.--
Assistant Risk and Compliance Manager 05/2014 - 04/2015
Perpetual Limited, Sydney, NSW Australia
Industry: Funds Management
• Reporting risk by following up the status of outstanding issues and incidents • Accountable for managing: o Day-to-day queries from business unit staff on risk and compliance matters (including AML/CTF) o Business unit compliance with Security Risk Programs (such as AML/CTF and business continuity) through independent reviews and testing
• Managed preparation of reports for internal audit and the risk and compliance committee • Imparted training to different business units on AML rules and regulations • Instrumental in: o Planning and documenting the new AML/CDD changes and providing first level support to the PMO for implementing required changes o Accomplishing the Fraud Risk Assessment for 2014 • Ensured compliance and BCP validation checks for various business units within Perpetual • Played a vital role in conducting: o The issues review meeting every fortnight and maintenance of the issues register o Risk profile workshop for business units--
Risk & Compliance Analyst 07/2013 - 05/2014
Western Union Business Solutions, Sydney, NSW Australia
Industry: FOREX
• Assessed client’s activities that might indicate a violation of anti-money laundering or economic sanctions laws (US OFAC and Asia sanctions requirements) of various jurisdiction including APAC, US and Europe • Extended support to the Compliance Manager with non-AML obligations including financial services licensing for Australia and New Zealand • Supervised WUBS Adviser practices and dispute resolutions of any issues arising out of daily activities
• Essayed a stellar role in maintaining the correspondent banking enquiries, cases and follow-up • Handled correspondent banking due diligence reporting to AUSTRAC • Instrumental in redrafting the transaction monitoring policies and procedure and identified new trends to simplify the monitoring process • Imparted training 350 employees of Western Union Business Solutions across the APAC region on Conflict of Interest and Complaints Handling Policies and Procedure--
AML Remediation Analyst 10/2012 - 02/2013
Westpac Group, Sydney, NSW Australia
Industry: Banking
Managing remediation of customer accounts with the retail and business banking division ensuring compliance of the bank with the Anti-Money Laundering and Counter Terrorism Financing Act (2006)
• Collaborated to the remediation of system generated alert cases in accordance with the defined AML guidelines prescribed by Westpac policy and convention system namely RCD and Service Online (SOL) • Effectively performed error rectifications, closing gaps and resolving discrepancies found in Westpac’s record repository across various customer segments while ensuring the compliance with AML/CTF--
Business Analyst 08/2009 - 09/2012
National Australia Bank, Sydney, NSW Australia
Industry: Banking
• Developed a strong risk and compliance acumen by gaining exposure to a complete risk management framework which involved risk profiling, fraud detection, governance, compliance plans, risk change assessments, regulatory change, business continuity planning, assurance (2nd line of defense), incident/event management, delegations of authority and conflicts of interest and various legislations namely FOFA, FATCA, Stronger super and MySupe
• Involved in executing the Next-Gen project (a multi-year change program capable of simplifying systems and processes while delivering new direct banking options for personal and business customers • Planned and implemented Oracle Financial Services products namely CRM-OD and BWB, by maintaining an issues and risk register for various facets of the project namely resource, legal, operations and reputation risk • Assessed test requirements, designed test cases, executed tests and developing functional and non-functional test scripts • Recognized: o Financial operations risk, which can manifest in the new system causing delay in the delivery and implementation of the new system o Software defects prior to software implementation as well as issues, risks, dependencies while developing mitigation plans and escalating where necessary • Collated and reviewed the change requirements documents for the mobile banking platform as part of the Next-Gen release for UBank Risk and Compliance Secondee, MLC (National Australia Bank) Role: • Developed a strong risk and compliance acumen by gaining exposure to a complete risk management framework which involved risk profiling, fraud detection, governance, compliance plans, risk change assessments, regulatory change, business continuity planning, assurance (2nd line of defense), incident/event management, delegations of authority and conflicts of interest and various legislations namely FOFA, FATCA, Stronger super and MySuper • Worked on a project with MLC (National Australia Bank Wealth Management) for redesigning an event and incident management (ORECS) process for the team August 2009 – August 2011: National Australia Bank as Financial Risk Operations Analyst & Risk and Compliance SME August 2008 – August 2009: American Express as Credit and Risk Analyst--

Central Queensland University 03/2006 - 12/2007
Sydney, NSW, Australia
Degree: Master's Degree
Major:Financial Management
Financial Management Major with Units in Risk Management, Capital Markets

Sujith Nair Risk, Compliance, AML