Richard Immanuel Ponnusamy
Chennai
Summary
Diligent and analytical Risk and Compliance Analyst with over 11 years of experience in evaluating and mitigating risk across diverse financial and regulatory landscapes. Proven expertise in conducting thorough assessments, developing effective compliance strategies, and implementing robust risk management frameworks to safeguard organizational integrity. Skilled in interpreting complex regulatory requirements and collaborating cross-functionally to ensure adherence. Adept at leveraging technology and data-driven insights to optimize compliance processes and drive continuous improvement. Seeking to contribute strong analytical skills and a proactive approach to risk management in a dynamic organization
Overview
10
10
years of professional experience
Work History
Risk and Compliance Analyst
Accenture Solutions Private Ltd.,
06.2016 - Current
- Collaborated with cross-functional teams for the successful implementation of new compliance initiatives.
- Monitored adherence to industry regulations, ensuring timely reporting of any discrepancies or violations.
- Assisted in the preparation of reports for senior management, outlining findings from investigations into suspected non-compliant activities.
- Improved company''s risk management strategy by identifying, assessing, and mitigating potential risks related to noncompliance.
- Reviewed audit and monitoring reports related to consumer and client activities.
- Assisted in the development of a comprehensive risk assessment framework for evaluating potential threats to organizational compliance systems.
- Evaluated third-party vendors for compliance with applicable laws and regulations, minimizing potential exposure to penalties or sanctions.
- Supported and trained customers on compliance-related issues.
- Participated in external audits, liaising with regulators to address any concerns raised during inspections effectively.
- Conducted gap analyses on existing controls systems, recommending improvements where necessary for increased effectiveness in maintaining regulatory compliance.
- Helped create training programs to handle system-wide issues and maintain compliance.
Member Technical Associate
Robert Bosch Engineering And Business Solutions
04.2015 - 05.2016
- Invoice Processing: Process vendor invoices accurately and timely, verifying approvals and coding as necessary.
- Payment Processing: Prepare and process payments (checks, wires, ACH) to vendors and suppliers in accordance with payment terms and company policies.
- Expense Management: Review and process employee expense reports, ensuring compliance with company policies and timely reimbursement.
- Vendor Management: Maintain relationships with vendors and respond to inquiries regarding payment status and discrepancies.
- Month-end Close: Assist in month-end closing activities related to accounts payable, including reconciliations and accruals.
- Reporting: Generate accounts payable reports and metrics for management review.
- Compliance: Ensure compliance with internal controls, policies, and procedures.
- Process Improvement: Identify opportunities for process improvements and efficiency gains within the accounts payable function.
Internal Auditor
L G Balakrishnan And Bros Ltd
02.2014 - 04.2015
- Assisted in the preparation of audit reports that clearly communicated findings and recommendations to key stakeholders.
- Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.
- Identified and reported audit issues.
- Produced audit reports.
- Contributed to a positive work environment by collaborating effectively with colleagues across all levels of the organization.
- Investigated discrepancies discovered during auditing process.
- Documented auditing information utilizing corporate system.
- Prepared and distributed risk and audit reports to appropriate personnel.
- Enhanced internal control systems by conducting thorough risk assessments and implementing effective audit recommendations.
Education
MBA - Banking And Financial Support Services
Bharathiyar University
Coimbatore06.2014
Bachelor of Arts - Corporate Secretaryship
Hindusthan College of Arts And Science
Coimbatore06.2012
Skills
- Compliance Monitoring
- Due diligence
- Compliance understanding
- Regulatory knowledge
- Internal Auditing
- Project Management
- Critical Thinking
- Compliance Reporting
Timeline
Risk and Compliance Analyst
Accenture Solutions Private Ltd.,
06.2016 - Current
Member Technical Associate
Robert Bosch Engineering And Business Solutions
04.2015 - 05.2016
Internal Auditor
L G Balakrishnan And Bros Ltd
02.2014 - 04.2015
MBA - Banking And Financial Support Services
Bharathiyar University
Bachelor of Arts - Corporate Secretaryship
Hindusthan College of Arts And Science
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