RITESH JAIN, Risk Analyst

RITESH JAIN

Risk Analyst

Credit Suisse Bank

Location
United Arab Emirates - Dubai
Education
Master's degree, Chartered Accountant
Experience
5 years, 11 Months

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Work Experience

Total years of experience :5 years, 11 Months

Risk Analyst at Credit Suisse Bank
  • India - Mumbai
  • May 2015 to June 2016

o Responsible for Operational Risk Indicators (KRI / KCI) calculations, root cause analysis and reporting. Also, initiated and developed a process for Variance Analysis for Ops Risk Indicators. Further involved in the functional development of system and strategic tool for GRC (governance, risk & compliance) enabling automation of Ops Risk Indicator production process. Also worked on SOP reviews and improvement for risk indicators production process.

o Responsible for the process of Incident & Loss Data classification and grouping under appropriate operational Risk Registers per Operational Risk Framework (ORF) & collation across various regions Bank wide. This included discussions with various stakeholders to identify the root cause of an incident/loss and accordingly the losses being classified. Further responsible for preparation of timeliness reports and various regional and IB Ops Risk Reports.

o Involved in the calculations, analysis and risk management reporting for Op. Risk Appetite, Tolerance and Top Operational Risks for both Indicators and Loss as per Ops Risk Framework and BASEL. Operational Risk Appetite Report was a key report for the purpose of management oversight of Operational Risk.

o Assisted for the process of capital modeling (AMA), stress testing and scenario analysis through internal and external loss data adjustments, analytics and calculations. This includes VaR calculations of frequency and severity and total loss distribution resulting in annual aggregate loss at 99th percentile.

Consultant at GE Capital - India
  • India - Mumbai
  • September 2013 to April 2015

o As part of Third Party Risk Management - Quality Assurance Function for GE Capital

 Responsible for planning & execution of Risk Based Audits for several areas such as vendor risk assessments, monitoring, issue escalations, vendor sourcing, contractual obligations etc. This included several discussions with various stakeholders across the globe. Also, worked for Risk and Control Self Assessments (RCSA) for entire risk universe pertaining to Third Part Risk across the regions.

 Assisted & trained Supplier Risk Managers to adopt Supplier Scorecards for adequate monitoring & risk oversight.

 Responsible for production and reporting of Third-Party Portfolio Risks & Controls Reports to TPRM Committees. Further worked for a functional development of a strategic tool for supplier failure loss & risk recording & tracking.

o Performed SOX-404 TDRA testing and Control documentations & SOPs for GE EFS.

o Internal Audits for several large Multinational & Indian Companies. It involved processes such as Procure to Pay, Accounts Payable, Credit to Cash, Accounts Receivable, Inventory Audits, Record to Report, Statutory Compliances, Fixed Assets Reviews, Cash Management Processes, Customer Billings, Accounting Controls.

C.A. Industrial Trainee at SBI Life Insurance Co. Ltd
  • India - Mumbai
  • November 2012 to August 2013

Worked on Internal Audit & Control Project which involved General Ledger Reconciliation & Inspection of GL accounts (Benefit payouts). The process involved performing root cause analysis, identifying what went wrong, and recommendation of next steps.

Further performed Investigation of High value open balances to identify excess / erroneous payments.

Performed Analysis of Industry financials for the purpose of Quarterly and Annual Reports

Sr. Articled Assistant at Sanjive Radhey & Co.
  • India - Varanasi
  • August 2010 to November 2012

Internal Audits for various Manufacturing & Trading Companies including Mini Ratna Co. ‘Coal India Limited’.

Also worked on Statutory Branch Audits for several Indian Nationalised Banks.

Tax Advisory & Compliances for Income Tax, VAT & Service Taxes.

Handled Compliance Matters, Filings & Reporting to External Regulators such as ROC-MCA, EIC.

Assisted Clients for Analysis, Compliances, Budgeting & Forecasting for Project Financing.

Education

Master's degree, Chartered Accountant
  • at ICAI
  • May 2013

Cleared all the examinations of Chartered Accountant (CA) Course in first attempt. Third Rank Holder of CA FINAL examinations in Varanasi District of India. Runners-up of CA Quiz - Central Region of Institute of Chartered Accountants of India.

Master's degree, Company Secretary
  • at ICSI
  • December 2012
Bachelor's degree, Finance
  • at B.H. University
  • June 2012
High school or equivalent, Commerce
  • at Central Board (CBSE)
  • April 2009

Specialties & Skills

Risk Management
Risk Advisory
Operational Risk Management
Internal Audit
Enterprise Risk Management
ACCOUNTANCY
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
AUTOMATION
BILLING SYSTEMS
BUDGETING
CASH MANAGEMENT
CUSTOMER RELATIONS
DATA ANALYSIS
REPORTS

Languages

English
Expert

Training and Certifications

ITT - Information Technology Training (Training)
Training Institute:
ICAI
Date Attended:
June 2010
Duration:
100 hours

Hobbies

  •  Teaching  Listening Music  Playing Cricket & Football  Taxation Advisory  Playing Chess
    Third Rank Holder of CA FINAL examinations in Varanasi District of India. Runners-up of CA Quiz - Central Region of Institute of Chartered Accountants of India. Possess honesty & the ability to work smart & hard. Appreciated by client and partner for adhering to strict deadlines on a project involving external regulators for GE Capital.