SUDHANSHU SRIVASTAV
Sydney,Australia
Summary
As a seasoned Financial Services professional, I bring a wealth of expertise to the table with twelve years of dedicated experience in Governance Risk Compliance , Operational Risk Controls and Audit within the dynamic realms of banking and capital markets. My career is marked by a successful track record of working with large global banking institutions, where I have honed my leadership skills by steering teams through the meticulous planning and execution of Regulatory Audits, SOX, Risk Control Frameworks and Process reviews across various banking functions.
Overview
12
12
years of professional experience
Work History
Manager - Risk & Regulatory Assurance
PWC
07.2023 - Current
- Spearheaded regulatory audits for prominent ADIs, encompassing largest Australian banks and purchased payment facility providers, ensuring compliance with prudential standards
- Delivered expert APS310 and ASFL audit services by leveraging smart delivery platforms
- Guided clients through the strategic implementation of a SOX compliance program, demonstrating cross-industry expertise
- Provided strategic advisory to businesses facilitating SOX preparedness and regulatory adherence.
Assistant Vice President - Second Line of Defence
Wells Fargo
11.2021 - 04.2023
- Seasoned Assistant Vice President with expertise in Operational Risk Management, excelling in second-line-of-defence initiatives
- Proficient in designing and implementing independent reviews, targeting enterprise finance function
- Executed in-depth evaluations of regulatory reporting processes and controls, ensuring compliance with US regulatory standards
- Spearheaded review operations, defining scope, leading teams, and pinpointing upstream process and critical data elements for thorough analysis
- Presented impactful review findings and actionable improvement strategies to senior risk management executives
Assistant Vice President - Model Risk Governance
HSBC
07.2021 - 11.2021
- Accomplished Assistant Vice President specializing in Model Risk Governance, spearheading compliance analytics teams to enforce governance and standards in robotics process automation for financial crime and trade surveillance
- Skilled in facilitating collaboration between model developers and business stakeholders, ensuring seamless integration across market risk, model risk, trade lifecycle, and product valuation, showcasing my comprehensive grasp of the industry.
Assistant Manager - Risk & Control
Societe Generale
05.2019 - 07.2021
- Spearheaded autonomous review initiatives of second line of defence, scrutinizing a broad spectrum of investment banking operations to pinpoint risks and evaluate controls
- Optimized business processes by identifying and excising superfluous controls, driving operational excellence
- Crafted and presented insightful review reports to executive leadership, emphasizing critical improvement opportunities and strategic counsel
- Vigilantly oversaw and confirmed the enactment of remedial measures, solidifying the control framework and mitigating future risks.
Senior Analyst - Operational Risk & Control
J.P. Morgan Chase & Co.
03.2016 - 05.2019
- Led the advancement of risk and control frameworks for specialized valuation teams across various trading platforms, ensuring alignment with SOX and RCSA standards through strategic valuation control initiatives and robust policy development
- Pioneered operational risk detection and quantification methodologies, crafting targeted countermeasures and assessing control effectiveness to determine residual risk exposure
- Conducted thorough risk-oriented process evaluations and audit readiness checks, managing the full lifecycle of issue resolution from detection to remediation of regulatory and audit findings
- Assessed and reinforced internal control for CCAR and market risk operations, delivering expert analysis on design and operative effectiveness of internal controls in a model lifecycle.
Management Consultant Intern
Ernst & Young
11.2014 - 06.2015
- Plan and co-ordinate investment banking infrastructure testing for Credit Suisse, Singapore, ensuring seamless trade lifecycle operations
- Spearheaded Project Management initiatives for UAT, FT, and SIT, optimizing front-to-back trade processes for OTC and Listed-products
- Conducted in-depth research and analysis on banking industry trends, contributing to the development of authoritative white papers
- Assisted in crafting compelling Request for Proposals (RFPs) to engage and secure potential clients.
Senior Audit Associate
Ernst & Young
09.2012 - 03.2013
- Executed comprehensive substantive and control-based audits in line with US GAAS, ensuring adherence to the highest standards
- Led and directed a team of up to 10, overseeing project management to guarantee timely and high-quality audit deliverables
- Streamlined audit processes by identifying and delegating select procedures to offshore teams, optimizing efficiency and cost-effectiveness for global clients
- Mentored and developed junior staff, facilitating the seamless adoption of new audit methodologies
- Fostered strong, collaborative relationships with clients and onshore teams, enhancing the cohesion and effectiveness of international audit engagements.
Education
Master of IT in Business (Financial Services) -
Singapore Management University
Singapore01.2015
BACHELOR OF BUSINESS MANAGEMENT FINANCE -
Bangalore University
Bangalore, India01.2009
Skills
- Governance Risk Compliance
- Regulatory Audit - APS 310 & AFSL
- APRA Standards - CPS 230 & CPS220
- SOX Implementation & Readiness
- Risk Control Framework
- Operational Risk & Internal Controls
- Banking & Capital Markets
- Model Risk Governance
- Trade Lifecycle
- Product Valuation
- Establishing Offshore Teams
- Leadership & Strategic Development
- Project Management
- Stakeholder Management
Languages
English
Native or Bilingual
Hindi
Native or Bilingual
Contacts
- Sydney, Australia, Sydney, 2150, Australia
- 01sudhanshu@gmail.com
- +61 434743772
Timeline
Manager - Risk & Regulatory Assurance
PWC
07.2023 - Current
Assistant Vice President - Second Line of Defence
Wells Fargo
11.2021 - 04.2023
Assistant Vice President - Model Risk Governance
HSBC
07.2021 - 11.2021
Assistant Manager - Risk & Control
Societe Generale
05.2019 - 07.2021
Senior Analyst - Operational Risk & Control
J.P. Morgan Chase & Co.
03.2016 - 05.2019
Management Consultant Intern
Ernst & Young
11.2014 - 06.2015
Senior Audit Associate
Ernst & Young
09.2012 - 03.2013
Master of IT in Business (Financial Services) -
Singapore Management University
BACHELOR OF BUSINESS MANAGEMENT FINANCE -
Bangalore University
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