Shruti Pardeshi

CAO Testing (Second Line of Defense)
• Lead independent compliance testing and QA reviews across MCA controls within the 2LOD framework, identifying control
gaps and strengthening governance oversight.
• Challenge and validate first-line MCA testing, improving testing quality, consistency, and adherence to enterprise control
standards.
• Assess control design and operating effectiveness through risk-based testing methodologies, identifying weaknesses across
the control environment.
• Identify control gaps, testing deficiencies, and compliance risks; drive timely escalation and remediation through structured
issue management, including root cause analysis and corrective action planning.
• Perform Control & Monitoring Design Assessments (CMDA) to evaluate control adequacy and strengthen monitoring
frameworks.
• Extend testing coverage to Model Risk Management Standards (MRMS) controls, assessing control design and operating
effectiveness in line with governance requirements.
• Partner with business, risk, compliance, and control stakeholders to resolve findings and enhance control effectiveness.
• Deliver governance reporting and risk insights that support management decision-making and control effectiveness
monitoring.
• Design and implement automation solutions (Excel, Power Query, GenAI tools) for intake form generation and test script
review, improving testing efficiency and reporting accuracy.
• Serve as subject matter expert (SME) for testing and QA methodologies; coach team members and review deliverables for
quality and consistency.

• Conducted Control Design Assessments (CDA), quality monitoring, and control testing for first-line risk and control
functions.
• Evaluated control design and operating effectiveness, identifying control gaps, operational risks, and process deficiencies.
• Performed transactional testing and process reviews to assess adherence to internal controls, policies, and regulatory
requirements.
• Supported governance and risk management activities through testing documentation, reporting, issue escalation, and
remediation tracking.
• Conducted root cause analysis and partnered with stakeholders to implement corrective actions and strengthen control
environments.
• Acted as subject matter expert (SME) for control testing and monitoring, mentoring team members and driving knowledge
sharing initiatives.

• Conducted fraud investigations and account risk assessments to identify suspicious activity, fraud exposure, and operational
risk indicators.
• Performed transaction monitoring and investigative reviews across retail banking deposits and account activity.
• Reviewed customer accounts and deposited instruments for irregularities, alteration indicators, and suspicious transaction
patterns.
• Conducted KYC and Customer Due Diligence (CDD) reviews using internal and external verification tools to support AML
compliance.
• Mentored team members and trained new hires on fraud investigation processes across multiple portfolios.
• Maintained 100% accuracy across internal and external audits, ensuring regulatory compliance and policy adherence.

supported employee engagement, branding, and
communication initiatives across organizational events. in diversity & inclusion, and corporate volunteering programs.

• Processed mortgage applications and reviewed documentation for accuracy, completeness, and compliance with
operational requirements.
• Supported loan processing activities while maintaining adherence to internal procedures and service standards.
• Conducted team knowledge-sharing sessions and supported onboarding for new associates.