Sayed Iraj Sayedi
Omaha,United States
Summary
Seasoned Risk & Compliance Management professional with 10+ years of experience in Risk management, Compliance, social services, anti-money laundering, information security, business continuity and disaster recovery for financial and Insurance organizations. Talented team builder and supervisor with expertise to develop and maintain consistent, accurate and Risk & Compliance structures.
Overview
13
13
years of professional experience
Work History
Director of Risk and Compliance
Travelex Insurance Service Inc.
04.2023 - Current
- Act as a trusted advisor to business management through advice on compliance solutions
- Provide independent challenge, monitoring and assurance to the business
- Conduct risks assessments to identify and assess strategic, operational and compliance risks
- Assess the effectiveness of controls to mitigate key risks
- Reviwing the effecitve implementation of risk and compliance policies
- Provide management with relevent reporting on incident arising that may impact the organizations ability to meet the goals.
Employment Specialist
LUTHERAN FAMILY SERVICES
07.2022 - 04.2023
- Ensures that education and employment services are provided to refugees, immigrants, parolees, asylees, and survivors of human trafficking in a planned, effective, and timely manner and according to program requirements
- Ensure clients are thoroughly assessed, and then work to create an employability plan
- Troubleshoot with clients regarding any challenges; provide referrals as needed to overcome barriers to employment
- Assist clients in developing individualized job search tools such as resumés, cover letters, etc
- Work with clients and utilize multiple job search tools/sources to identify career opportunities
- Refer clients to programs to help with skill development including English language acquisition, vocational training, etc.
Risk & Internal Control Manager
FINCA IMPACT FINANCE
04.2019 - 07.2021
- Monitoring system performance and identify the issues and risk
- Analyzed the identified issues and risks, produce various analytical reports for stakeholders
- Created and runned queries as needed
- Provided support to other departments Finance and operations for monthly reconcilation
- Led multi-function teams of 8-12 staff members to identify, assess and report financial, operational, information security & business continuity and regulatory issues and risks
- Developed and AML/CFT policy which improved the organization in comabting money laundring and terrorism financing
- Developed RCSA – Risk & Control Self Assessment which improved the identification, assessing and mitigating risks associated with each functons operations in the organization
- Conducted Operational, information security, business, IT and financial risk analysis and identified major risks with significant consequences
- Supervised fraud investigation
- Investigated various fraud incidents and presented the findings to management
- Conduct gap analysis of the internal control environment at the branch and head office level, Identified and reported major loop holes to board of directors
- Developed, implemented and maintained risk management tools to ensure FINCA is taking preventive measures against frauds and other incidents that have negative impact.
Head of Operations
OXUS MICROFINANCE
04.2016 - 01.2018
- Led more than 100 of staff directly and indirectly in operations department and branches and issued more more than 2500/monhtly to small and medium loans to enterprises
- Established five branches withing one year which increased the organization’s outreach by 42%
- Launched branchless lending services through using Mobile money project which reduced the cost 31% and increased productivity by 19%
- Introduced two new products which increased overall loans disbursement by 5%/monthly
- Revised existing lending procedure which increased the productivity (lending) by 50%/monthly
- Conducted more than 20 branch visits in a year which resulted in identifying two fraud incidents and 7 control environment issues
- All identified incidents were investigated, reported and proper controls implemented
- Conducted timely assessment of loan protfolio quality and ensured portfolio quality does not deteriorated more than tolerance limits.
Risk Manager
OXUS MICROFINANCE
09.2011 - 08.2016
- Led risk management and internal control teams which identified major risks and internal control issues
- The identified issues and risks reported with proper mitigation actions to management which improved the overal risk management in the organization
- Revised risk management department’s structure from a centrlized to de-centerlized
- It helped the department to identify, assess and report risks and internal control issues exist in each branch which increased the oversight and reduced losses due to those risks and internal control weaknesses
- Conducted monthly and quarterly risk assessment of loan protfolio and presented the report to board of directors
- Updated risk management policy according to the needs of the organization which addressed different risk management and internal control requirments
- Developed risk management tools such as “Vintage Analysis” it helped the organization to track the quality of loans through their origination
- Conducted product and branch risk assessment before implementation which helped the management to identify risks associated with new products and branches.
Education
Software Engineer in Test -
TEK School
03.2023
Bachelor of Arts (BA) - Finance - Business administration
Rana University
12.2010
Skills
- JAVA
- SQL
- Selenium
- Automated and Manual Software testing
- Information Security Analysis
- Internal Controls
- Data Analytics
- Disaster Recovery
- Customer Service
- Quality Assurance
- Risk Mitigation
- Proficient in MS Office
- Internal Controls and Reporting Systems
Languages
English
Professional
Persian
Professional
References
References available upon request.
Timeline
Director of Risk and Compliance
Travelex Insurance Service Inc.
04.2023 - Current
Employment Specialist
LUTHERAN FAMILY SERVICES
07.2022 - 04.2023
Risk & Internal Control Manager
FINCA IMPACT FINANCE
04.2019 - 07.2021
Head of Operations
OXUS MICROFINANCE
04.2016 - 01.2018
Risk Manager
OXUS MICROFINANCE
09.2011 - 08.2016
Software Engineer in Test -
TEK School
Bachelor of Arts (BA) - Finance - Business administration
Rana University
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