SAMEEP VERMA

• Deliver a robust risk governance framework in line with the operational risk handbook, as well as supporting and delivering relevant risk activity to build credible and realistic plans to move and sustain a control environment certificate rating within risk appetite of Retail Banking.
• Managing the interface between the business, internal audit, second line of defence, and other critical functions like RCSA team, Assurance team, etc.
• Ensuring Issues, Controls and Events are created inline with EWRMF / Risk toolkit along with Internal Audit Issues.
• Creating Controls for Retail Banking Operational Risk, Regulatory Risk and Conduct Risk resulting into Good Customer Outcomes as per FCA guidelines for Consumer Duty.
• Articulating automated and manual controls and managing adequacy and effectiveness of these controls.
• Investigating complex manual controls and accessing techniques to automate them for creating efficiencies and strengthening Retail Control Environment.
• Onboarding and managing of business risk Issues as they arise and escalating them in a timely manner with defined actions.
• Managing and raising loss events in detail with root cause analysis, detailed impact classification matrix, linking them with appropriate risks and assessing control gaps in the business processes.
• Promoted a culture of continuous improvement within the team by actively seeking feedback from stakeholders.

• Assessing the Impact Classification Matrix and analysing Financial, Customer, Reputational or Regulatory Impact of the event on the Bank. Perform Root Cause Analysis of the event & prepare Event Analysis Report EAR. Working on GNEPs Group Notifiable Event Process (Major and Significant Events).
• Evaluating controls, and then identifying control gaps. Working closely with Value Creation Team & Automation Team to bridge the control gaps. Provide Senior Leadership Team support for the end-to-end execution of the Risk.
• Risk and Control Self-Assessment (RCSA), including control breaks and resolutions to reduce financial loss, regulatory exposure, and reputational risk.
• Conduct risk assessments to evaluate the adequacy & effectiveness of controls. Engage with control colleagues across the firm, business, operations management, compliance, risk, audit, regulators, and technology control functions.

• Performed credit risk assessments for commercial client portfolios across UK to facilitate new and renewed banking loans.
• Acted as first line of defence, preparing comprehensive credit papers in consultation with Relationship Directors.
• Conducted qualitative analyses based on industry and sector reports, evaluating client's business models and cash flows.
• Structured facility repayment terms, security measures, and credit covenants based on funding requirements.
• Monitored effectiveness of risk controls against approved risk appetite by establishing guidelines.
• Identified early warning signs and assessed covenants for timely remedial actions.
• Quality checked portfolio management processes, pinpointing gaps and proposing improvement initiatives.
• Delivered credit training for new joiners while enhancing risk knowledge across the wider team.

Conducted credit risk assessments based on management, financial, operational, and compliance parameters, producing comprehensive credit reports with scores and creditworthiness evaluations. Developed bespoke financial models tailored to client credit needs, identifying exposures and formulating risk management strategies to enhance competitive advantage. Prepared Financial Due Diligence, Customer Due Diligence, and Supplier/Vendor Due Diligence reports for clients including JLR, IKEA, Mercedes, and Honda.

Managed portfolio of SMEs with lending relationships totalling INR 150 crores. Conducted credit risk assessments and evaluated bank credit ratings of companies. Performed financial statement analysis, including balance sheets, P&L, and ratio analysis. Assessed creditworthiness and feasibility of client proposals to ensure sound lending decisions. Monitored early warning parameters and analysed periodic performance indicators.