PRMIA Certified Operational Risk Professional (PRMIA)
Rominder Dhonsi
Operational Risk Sr. Analyst - PRMIA Certified Operational Risk Management Professional
Brampton,ON
Summary
Tenacious Operational Risk Professional who successfully develops and maintains comprehensive processes to identify and reduce operational risk across business units. Collaborates with functional leaders and subject matter experts to drive initiatives that contribute to long-term operational excellence. Analyzes operational policies and procedures to align improvement to performance shortfalls. Professional of more than 10 years experience of meaningful operational risk reporting and able to look at existing reporting with a fresh perspective to ensure that appropriate tools and reports exist.
Overview
17
17
years of professional experience
5
5
years of post-secondary education
8
8
Certificates
Work History
Senior Consultant - Operational Risk Management
CIBC
02.2020 - Current
- Support the enhancement and maintenance the bank's Operational Risk Framework.
- Conduct oversight and challenge of the bank's key operational risks.
- Support the production of the bank's operational risk reporting.
- Promote the three lines of defense model and a culture of ownership and accountability for risk across the Bank.
- Participate in application of operational risk policies, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.
- Contributes to risk assessments and drives actions to address root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
- Provides governance and oversight may include (not limited to) technology operational risk.
- Evaluated control environment by ensuring appropriate controls are in place.
- Coordinated audits, examinations, and deliverable requirements from internal and external reviewers by supporting coordinating activities.
- Ensured project completion, special assignments, and other ad hoc activities as required.
- Ensured Operations Team is in compliance with all regulatory policies and procedures.
- Additional duties as assigned
- Self starter with ability to operate with limited level of direct supervision
- Regularly assumes informal/formal leadership role within teams.
- Involved in coaching and training of new recruits
Senior Operations Risk Analyst
Scotiabank
12.2018 - 12.2020
- Drive a consistent approach to identify, assess, manage and report operational risk events, assessment issues and key risk indicators moving from a qualitative to a quantitative risk management model
- Collaborate with the business to develop Key Risk and Key Performance Indicators covering the non-financial key risk domains defined in the ORM framework
- Aggregate risk data for regional reporting to senior management risk governance forums
- Assist with planning, preparing materials and conducting operational risk scenario analysis workshops
- Develop risk analytic capabilities to track risk trends and identify emerging risks in the environment
- Review Risk Control Self-Assessment results conducted by the 1st line to assess whether the proper risks are identified and to verify the effectiveness of the control environment
Operations Risk Analyst
Laurentian Bank of Canada
05.2018 - 11.2018
- Conducting periodic reviews and checks to identify process gaps including advisory and ad-hoc projects
- Working with SC employees including other Operational Risk Management department members in supporting a culture of strong operational risk management
- Working with Executive leaders and managers within the organization to develop a culture that fosters self-identification of business and operational issues
- Conduct subject matter research in technology risk, controls, compliance, and information security best practices
- Assist in quarterly/periodic reporting for ORIC program components
- Assist in recording/monitoring the division’s Operational Loss Database. This entails capturing pre-defined financial, operational, inefficiency and increased reputation losses across multiple locations and lines of business, and, under certain circumstances, developing and deploying action plans to mitigate/ eliminate a reoccurrence of the loss
- Conduct process walkthroughs and testing as part of management's evaluation of internal controls on an annual basis
Senior Manager – ICRM
Citi Bank
07.2017 - 12.2017
- Interact with Global functions, including ORM, Independent Risk, Compliance Assurance, Independent Compliance Management (ICRM), AML, Audit, Finance, and Legal to identify and mitigate business risks.
- Support execution of annual risk assessment and quarterly control testing of country-level assessments.
- Support the review and analysis of the enterprise-wide quarterly control self-assessment results of all in-country businesses and functions (including both 1st and 2nd LoD) both aggregated residual risk and associated risk factors and control deficiencies
- Support execution of annual risk assessment, consisting of multiple in-country business / function assessment units
- Support the preparation of franchise-wide analytics around risk/control metrics, including regulatory and IA issues, loss events, near misses, control gaps and process deficiencies
- Support Chief Risk Officer in partnership with Global Risk and Control department in global transformation effort to improve the design and operating effectiveness of MCA program and regulatory remediation actions
Manager Operational Risk Policy & Frameworks
Barclays Bank
05.2014 - 07.2017
- Acts as SME to senior stakeholders and /or other team members.
- Developed risk assessment matrices and templates to increase visibility of risks and facilitate decision making.
- Developed, deployed and enhanced procedures to reduce institutions exposure to people's process risks.
- Excellent verbal and written communication skills
- Customer focused with excellent Interpersonal skills and ability to work well in a team environment collaborating across diverse groups
- Demonstrated understanding of operational risk and gap identification
- Ability to multi-task and manage multiple projects simultaneously
- Ability to present a compelling case to influence others where appropriate
- SCRA regulatory policies and procedures knowledge
Associate Compliance Risk Management
ICICI Lombard General Insurance Pvt. Ltd
09.2012 - 04.2014
- Execute common, standardized third party risk management processes, managed centrally by the TPU and provide guidance to TPU Process Analysts I
- Leads the work of others and provides training in more advanced risk management techniques
- Perform analysis and provide information to Risk Management for senior level reporting, scenario analysis, audit, regulatory, and ad-hoc related queries
- Execute common, standardized third-party risk management processes, managed centrally by the TPU, for example
- Work with line management to continually improve the control environment
- Contribute to developing the firm's operational risk framework including the design and project management for strategic platform enhancements
Credit Compliance Officer
HDFC
10.2011 - 09.2012
- Did initial screening and overall credit worthiness of customer.
- Collecting & Checking loan application documents, ensuring it is accurate as per KYC requirements
- Update, maintain and analyze customer credit scores
Product Compliance Officer
L&T Investment Private Limited
09.2010 - 10.2011
- Reliably worked with Mutual fund Regulator for new products launches & undertook sales team and investment distributor training initiatives.
- Played role between legal, compliance and external regulatory bodies
Relationship Manager
SBI Mutual Fund
08.2009 - 09.2010
Relationship Manager
Reliance Mutual Fund
05.2005 - 06.2009
Education
BBA -
Post Graduate Diploma in Management
08.2003 - 05.2005
Bachelors in Business Management
08.1998 - 06.2001
Skills
Strong Communication
Software
Certified Internal Auditor
Certified Financial Crime Specialist
CAMS Certified AML Professional
Governance, Risk & Compliance (GRC) - OCEG
CBE - Certified Blockchain Expert
Timeline
Senior Consultant - Operational Risk Management
CIBC
02.2020 - Current
Senior Operations Risk Analyst
Scotiabank
12.2018 - 12.2020
Certified Internal Auditor
10-2018
Governance, Risk & Compliance (GRC) - OCEG
10-2018
Governance, Risk & Compliance (GRC) - OCEG
10-2018
Operations Risk Analyst
Laurentian Bank of Canada
05.2018 - 11.2018
Certified Financial Crime Specialist - CFCS
04-2018
CBE - Certified Blockchain Expert
03-2018
CAMS Certified AML Professional
02-2018
PRMIA Certified Operational Risk Professional (PRMIA)
01-2018
Chief Compliance Officer’s Certificate by Canadian Securities Institute (Includes Fintrac Reports)
01-2018
Senior Manager – ICRM
Citi Bank
07.2017 - 12.2017
Manager Operational Risk Policy & Frameworks
Barclays Bank
05.2014 - 07.2017
Associate Compliance Risk Management
ICICI Lombard General Insurance Pvt. Ltd
09.2012 - 04.2014
Credit Compliance Officer
HDFC
10.2011 - 09.2012
Product Compliance Officer
L&T Investment Private Limited
09.2010 - 10.2011
Relationship Manager
SBI Mutual Fund
08.2009 - 09.2010
Relationship Manager
Reliance Mutual Fund
05.2005 - 06.2009
BBA -
Post Graduate Diploma in Management
08.2003 - 05.2005
Bachelors in Business Management
08.1998 - 06.2001
Software
- Microsoft Office Suite
- JIRA
- Actimize
- Resolver
- Excel & Power Point Proficiency
Similar Profiles
Marzia AliMarzia Ali
Mortgage Specialist at CIBCMortgage Specialist at CIBC
Nena BrownNena Brown
Sr. Manager, Talent Acquisition Strategy & Program at CIBCSr. Manager, Talent Acquisition Strategy & Program at CIBC
Jenniffer RodriguezJenniffer Rodriguez
Customer Service Representative at CIBCCustomer Service Representative at CIBC
Amina Mohammed IkafAmina Mohammed Ikaf
Case Manager – Client Care at CIBCCase Manager – Client Care at CIBC
Mandeep KaurMandeep Kaur
Shipper/ Receiver Coordinator at KG-PackagingShipper/ Receiver Coordinator at KG-Packaging