Rajat Lamba

• Support regulatory, risk, and compliance engagements for
financial services clients across controls, governance,
transaction monitoring, and remediation activities.
• Evaluate control design and operating effectiveness through
walkthroughs, sample-based testing, evidence review, and
documentation assessment.
• Review control principles, procedures, and systems-of
record documentation to assess completeness, consistency,
and alignment with business requirements.
• Partner with line-of-business and process owners to
document control execution, identify design gaps, and
communicate findings for corrective action.
• Prepare assessment outputs, testing observations, and issue
summaries for stakeholder review and follow-up.
Selected Deloitte Engagements
GreenDot
• Performed quality control reviews for transaction monitoring
alerts in a US-based money services business environment.
• Conducted second-level investigations of customer activity
against AML, terrorist financing, human trafficking, fraud,
and suspicious behavior indicators.
• Determined whether alerts required escalation or closure
based on investigative findings and risk indicators.
• Led a team of 10 investigators supporting transaction
monitoring reviews.
• Reviewed merchant documentation and supported fraud
related investigations involving identity theft, elder abuse,
and first-party fraud.
• Prepared and reviewed SAR narratives for accuracy,
completeness, and reporting quality.
• Validated HR control processes by reconciling system data
with supporting documentation.
• Identified discrepancies between compensation letters,
Workday records, and tracking files.
• Reconciled career level and compensation changes to
improve data accuracy and control integrity.
• Provided project updates, issue logs, and status reporting to
stakeholders.

• Implemented the Operational Risk framework and
governance oversight across engagements.
• Supported Operational Risk Assessments and Generic Risk
Assessments across business functions.
• Independently validated ORA submissions and reported
findings to relevant stakeholders.
• Conducted detailed control testing, issued reports, and
tracked issues through resolution.
• Planned and executed internal audits, control testing, and
control validation activities.
• Managed stakeholder coordination during planning,
execution, and reporting phases.
• Supported engagements for clients including Bank of
/Ireland, Citi Bank Australia and India, International Gaming
Technology, Google, and Pearson.

• Reconciled mutual fund and insurance products and
supported accounting control activities.
• Managed end-to-end trade reconciliations across multiple
platforms and ensured timely posting of contributions and
withdrawals.
• Matched trader and broker activity, resolved discrepancies,
and updated portfolio systems.
• Managed FX bookings and reconciled futures and options
margins within OTC environments, including LME-related
activity.
• Supported corporate actions processing including stock
splits, dividend reinvestment plans, rights issues, and bonus
events.
• Prepared account-level reporting and supported overdraft
reporting and escalation.

• Control Testing: Conducted monthly In Control testing for all
key business processes and reported results to relevant
stakeholders.
• Risk Assessment: Assessed the monthly Key Operational Risk
and Control (KORC) for all key risk indicators, assigning Red,
Amber, or Green (RAG) status.
• RCSA Audits: Performed quarterly Risk & Control Self
Assessment (RCSA) audits for ABN business processes.
• Internal Audits: Conducted quarterly internal audits for
processes managed by TCS for Mashreq Bank and Lloyds
Bank.
• Incident Management: Assisted the Incident and Change
Manager with timely submission of reports and managed ad
hoc requests.

• Contract Review: Reviewed end-to-end contracts (SOW/WO)
and performed auditing requirements on behalf of CITI.
• RCSA Audits: Conducted quarterly Risk & Control Self
Assessment (RCSA) Audits for CITI projects and reported
findings to relevant stakeholders.
• Internal Audits: Managed and reviewed internal and external
audits in collaboration with process leaders, including TPISA,
FRM Audits, CITI IA, etc.
• Compliance Management: Managed Information Security,
Record Management, Fraud & Compliance grids, and Business
Continuity Plans for the process.
• Risk Identification: Assisted management in identifying risks
associated with their activities and advised on implementing
controls for new systems or projects.

• Daily Reconciliations: Performed daily reconciliations between
Custodian and back-office systems for securities including
mutual funds, hedge funds, equities, derivatives, and fixed
income.
• Portfolio Management: Managed Hedge Fund Portfolios
efficiently, including daily reconciliation of cash and position
reports between client trade files and Prime Broker reports.
• Valuation: Valued portfolios using custodial data and booked
Accounting Related Entries (ARTs) such as commissions,
interest, stock loan fees, transfers, and spot FX.
• NAV Packages: Prepared Daily, Weekly, and Monthly Net Asset
Value (NAV) packages for billion-dollar Hedge Funds.
• Exception Resolution: Supported the research and resolution of
exceptions using various sources, including Bloomberg and
broker reports.
• Financial Documentation: Prepared financial documents
(including MV calculations, rebalancing, dividends, expenses)
and month-end statements to assess and report current
positions of clients to investors.
• Process Transfer: Managed the process transfer from onshore
to offshore, including the preparation of Standard Operating
Procedures (SOPs) and manuals to ensure smooth operations.
• Testing: Actively participated in manual testing, including
writing test cases, test reports, test scenarios, and conducting
User Acceptance Testing (UAT).