Premchand Chittamareddy
Peterborough
Summary
Senior Manager with 18 years of expertise in operational risk and audit at Tata Consultancy Services. Demonstrates strong leadership in RCSA Control Testing, audit management, and compliance monitoring, leading large teams to enhance internal controls and streamline processes. Known for driving efficiency, ensuring compliance, and achieving audit excellence in fast-paced environments.
Overview
19
19
years of professional experience
Work History
Senior Manager
Tata Consultancy Services
11.2007 - Current
Operational Risk Manager / Risk Officer
- Managed BAU and digital transformation risks, working with workstream leads and SMEs to identify and mitigate risks
- Monitored, tracked, and reported risks and mitigation status
- Developed risk MI, analysis, heatmaps, trends, and emerging risks for presentation at governance forums.
Audit Manager
- Led various contractual and statutory audits for a UK-based pensions provider, with a focus on AAF 01/20 audits, providing assurance over internal controls
- Standardized control and evidence requirements, improving audit efficiency and reducing turnaround times
- Worked closely with external auditors, realigning evidence needs to minimize queries
- Guided the internal AAF testing team, emphasizing key areas and methodologies
- Conducted end-to-end reviews of audit evidence, implementing validation checks and standardized reporting, resulting in a high 'first time right' rate
- Leveraged SharePoint and tracking tools for accurate monitoring and reporting, contributing to an unqualified AAF report with zero findings.
Delivery Manager - RCSA Control Testing
- Managed the RCSA Control Testing operations for North America in a leading retail bank, leading a team of 70+ associates
- Oversaw performance metrics, SLAs, and KPIs, ensuring alignment with client expectations
- Conducted regular client reviews to discuss monthly and quarterly RCSA results
- Monitored progress against SLAs and KPIs, and handled management metrics like business reviews, error analysis, and associate performance management
- Coordinated with Internal Audit and Compliance for audits, including PRR, COB, ISO, COPC, and CMMi certifications.
Compliance Monitoring
- Investigated suspicious pension claims and direct debit setups, raising fraud flags and approving payouts only after additional identity verification.
Assistant Manger
HSBC
CHENNAI
07.2006 - 10.2007
- Handled commercial banking & trade -SME (Small & Medium Enterprises) Unit
- Acted as Relationship Manager of the sourced customers & service and generated revenues from the existing customers
- Responsible for acquiring NTB(New to bank) clients through various promotional activities like road shows, effective networking with chartered accountants & industrial organizations.
Business Banking Executive
ICICI Bank
CHENNAI
01.2006 - 07.2006
- Handled marketing & sales of various products of ICICI Banks business banking group like Letter of Credit, Bank Guarantee, Working Capital Loans and Inward Remittance, FOREX-Futures & Options.
Education
Master of Business Administration - MBA - Marketing and information technology
07.2003 - 7 2005
Bachelor of Technology - BTech - Mechanical Engineering
05.1997 - 10 2001
Skills
Pension Administration
Microsoft PowerPoint
Microsoft Office
Compliance Monitoring
Visio Presentations
Documentation
Risk Control
IT Risk Management
Operations Control
Risk Control Self Assessment (RCSA)
Risk Registers
Governance, Risk Management, and Compliance (GRC)
Risk Management
External Audits
Operational Risk Management
Internal Audits
Microsoft Excel
Attention to Detail
Fraud Investigations
Regulatory Compliance
IT Audit
Communication
Analytical Skills
Project Management
Timeline
Senior Manager - Tata Consultancy Services
11.2007 - Current
Assistant Manger - HSBC
07.2006 - 10.2007
Business Banking Executive - ICICI Bank
01.2006 - 07.2006
ICFAI Business School - Master of Business Administration - MBA, Marketing and information technology
07.2003 - 7 2005
Gayatri Vidya Parishad College of Engineering (Autonomous) - Bachelor of Technology - BTech, Mechanical Engineering
05.1997 - 10 2001
Operational Risk Manager / Risk Officer -
Audit Manager -
Delivery Manager - RCSA Control Testing -
Compliance Monitoring -