Prem Bhogal

Recent mission, September 2022 – January 2023: AXA Group Operations (AXA GO), Paris

Delivered an internal control Gap Analysis for all European, North American & Asian offices.

Validated the relevancy of all controls that are currently centralized.

Identified controls relevant to specific offices, countries, regions, or local markets.

Collaborated with Regional Risk Officers and Global Macro Process Owners.

Managed 1 assigned officer, delegating technical and manual work.

Mapped new Risks and Controls into the existing framework.

Documented Controls in the Compliance and Control tool - eFront.

Presented weekly progress to Risk, Control and Audit Hierarchy and Management.

Previous Assignment December 2021 – February 2022: First Abu Dhabi Bank (FAB) Paris.

RCSA – Operational Risk Mapping and Control: mapped controls to inherent and residual risks.

Improved the existing Internal Control framework, and updated and created new controls for the bank’s compliance system.

Monitored of 1st level of controls campaigns in the Internal Control tool.

Drafted Standard Operating Procedures for Back Office, Payments and Credit Documentation Teams.

Propositions to Management to improve the Control software and the data capture methodology.

Presented key findings to the CEO and the Head of Regional Compliance.

Off-Mission Work:

Create material for social media interaction, such as LinkedIn and the company website.

Create brochures for prospective clients and banks; 4ALMD/5ALMD, Sanctions Compliance Risk, Fraud Prevention; wrote Companies policy on ESG Risk.

Client prospection/interaction for potential missions in Risk and Control

Compliance control for 4ALMD – created automated check for trust structure and payments, created Front Office Procedure and User Guide for Payment Platform.

Approval on all high-value payments – Pre ante and post executed controls performed using SAP Business Objects.

Creation and implementation of Internal transaction monitoring report in SAP Business Objects and wrote step-by-step Operating Procedure for Risk Department

Sensitive/High-Risk Country and Sanction monitoring – payment control

Monthly operational risk meeting with front and back-office departments

Risk Mapping - Front-Office, impact and probability for Payments & Assets

Automatic Exchange of Information (AEI) Tax control.

Lead and present compliance/control training material for apprentices and new starters.

GDPR Testing – liaising with the Change & Development team with UAT testing and members of the payments team to improve the archiving tool by discounting false hits.

ARIS Architect creator for Risk and Compliance management functions.

Designed new processes/procedures for control validation during remote work due to COVID-19.

Collaborated with ultra-high net worth (>$500M net worth) and PEP clients.

Payment processing, time/fixed deposits, money market deals, loan transactions, large multi-currency cash withdrawals and property purchases.

KYC/CDD remediation for account opening documentation.

Compliance monitoring of sanction queues.

SPOC regarding security and asset transfers for internal and external financial institutional movements.

Verified/authorised SWIFT message types such as 103, 202, 321 and 314.

Supervised external Nostro accounts, Deutsche Bank (EUR), Wells Fargo (USD) and SMBC (JPY).