Nikita Dsouza, OPERATIONAL RISK OFFICER

Nikita Dsouza

OPERATIONAL RISK OFFICER

COMMERCIAL BANK INTERNATIONAL

Location
United Arab Emirates
Education
Master's degree, Chartered Accountant
Experience
15 years, 4 Months

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Work Experience

Total years of experience :15 years, 4 Months

OPERATIONAL RISK OFFICER at COMMERCIAL BANK INTERNATIONAL
  • United Arab Emirates
  • My current job since September 2017

Independently review, challenge and support risk management activities.
• Facilitate and monitor the implementation of effective risk management practices
through Risk and Control Self Assessments (RCSA) and action plans to mitigate high
risks.
• Monitoring and reporting of Key Risk Indicators (KRI) and ensure alignment with the
risk appetite.
• Performing deep dive reviews of material internal and external risk events to determine
root cause, assess control environment, identify remedial actions to mitigate against
risk of future loses.
• Conducting workshops to enhance the risk culture in the bank.
• Undertaking various risk reviews, performing gap assessments.
• Assist in preparing presentations and reports for Risk Committee meetings, liaising
with auditors and other departments and to keep abreast of external events within
industry

INTERNAL CONTROLS OFFICER at COMMERCIAL BANK INTERNATIONAL
  • United Arab Emirates
  • February 2016 to September 2017

Identifying and assess risks, testing control environment, identifying process gaps and
workflow inefficiencies, developing action plans to mitigate high risks.
• Executing risk assessments through exception reports check, sample checks, etc.
• Implementing corrective actions to address process and control deficiencies.
• Conducting reviews to increase the operational efficiency of organization through
process improvements.
• Timely reporting of risks through comprehensive RCSA and KRI to risk management
team.
• Performing Nostro, Central Bank, ATM, Cards and other GL reconciliations to ensure
completeness and accuracy of transactions. Ensure resolution of outstanding entries
in a timely manner.
• Publishing monthly dashboards and other MIS to senior management, Involved in
Core Banking (Silverlake) Project.
MANAGER - QUALITY & CONTROLS

MANAGER at KOTAK MAHINDRA BANK LTD
  • United Arab Emirates
  • May 2014 to November 2015

Supervising a team in reconciliation department. Monitoring Nostro, Inter-system
Bridge (ISB) reconciliation, receivable and other GL reconciliations to ensure all the
reconciliations are accurate and completed within TAT.
• Ensure resolution of outstanding entries in a timely manner.
• Automate reconciliations to eliminate manual intervention.
• Involved in preparing annual budget and review monthly budget to analyze variances.
• Liaising with internal and external auditors.
• Preparation of management presentation for review, involvement in projects.
LANGUAGES
English, Hindi, Marathi
• Analysis of errors and implementation of effective controls by performing root cause
analysis and taking corrective actions to prevent re-occurrence.

AUDIT ASSISTANT
  • June 2012 to April 2014
accounts receivable at NATVARLAL VEPARI & CO
  • October 2008 to April 2012

Independently performed Internal Audits of service and manufacturing companies to
provide independent assurance on appropriateness of design and effectiveness of
controls.
• Recommended change in procedure that resulted in cost savings and operational
improvements.
• Prepared internal audit reports independently.
• Independently completed finalization of books of accounts as per revised schedule VI.
• Performed GL scrutiny, Health and Safety Audits, Tax audits, Stock audit, Bank audits
and Fixed Assets Register verification.
• Preparing personal tax returns.
• Overseeing financial statements including trial balance, bank reconciliation reports,
Profit and loss account,

Education

Master's degree, Chartered Accountant
  • at THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
  • November 2014

High school or equivalent,
  • at THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA COST ACCOUNTANT
  • June 2012

(

Bachelor's degree,
  • at THE INSTITUTE OF COST ACCOUNTANTS OF INDIA
  • April 2010

Specialties & Skills

Finance
Risk Management
Internal Controls
Internal Audit
Operational Risk
BUDGETING
EXECUTIVE MANAGEMENT
FINANCIAL STATEMENTS
FIXED ASSETS
Internal Controls
Operational Risk
Internal Audit
AUTOMATE
BALANCE
BANK RECONCILIATION
BANKING

Languages

English
Expert
Hindi
Expert