Risk Operations Manager
Candidate Information
Full Name
Sowmya Latha
Age
35
Experience
7 years
Job Type
Full-time
Contact Details
Phone
Address
Siri Arcade , Suncity
State
Telangana
Country
India
About candidate
About you
Enthusiastic compliance and Risk Management professional with 6+ years of experience in the financial industry. Proven expertise in regulatory compliance management and a comprehensive understanding of financial regulations. Extensive Experience in providing exceptional customer service, administering customer transactions, Fraud Operations, KYC, Resolution Services, Training, Mentoring, Fraud detection and prevention. Skilled in conducting risk assessments, developing compliance strategies, and implementing effective compliance programs. Proficient in analyzing complex regulatory guidelines and providing practical solutions to ensure full compliance. Known for exceptional communication skills, driving successful cross functional collaboration, and delivering comprehensive compliance training. Adept at problem-solving and streamlining processes to enhance operational efficiency. Exceptionally organized & focused, demonstrating an outstanding aptitude to manage & balance a variety of financial transactions in a fast-paced environment.
What are you looking for in a new role?
I want to work for a Company that values Innovation, Growth, and Continuous improvement. I am also looking for a role that can challenge me to learn and develop new skills. In terms of Company culture, I am looking for a positive, supportive environment that fosters collaboration, open communication and Mutual respect.
What you are interested in working with us?
I believe that working in your organization would provide me with the opportunity to combine my professional expertise with my passion for making a difference. I am eager to contribute to your company's mission and be part of a team that shares my values and is committed to creating a better future.
What has been most challenging experience in a past role?
The most challenging experience was that Once I dealt with an irritated customer on the phone while working as a Customer service specialist at Synchrony International Financial Services. The customer was upset and anxious because an unauthorized transaction had been made to their credit card. Despite the fact that the customer was yelling at me, I did not stop them, and I reminded myself of how nervous and stressed they must be to be behaving in this manner. I acknowledged the customer's feelings before asking for their membership details and continuing to investigate the issue. It turned out that the customer had forgotten about their annual Motor club membership due date. The consume was calm once we handled the situation and apologized to me. We talked about the weather and their love for pets near the end of our conversation.
Cover latter
- Battu Sowmya Latha
Team Lead {Individual Contributor}AVP |Mentor Manager|
9391149154
Sowmya21latha60@gmail.com
HYDERABAD, INDIA,500086
Work Experience:
Risk Compliance Regulator Specialist:
Wells Fargo - Hyderabad 7/2022 - Present.
• Working as a Chief Executive Officer {Operational Risk
Review} of Wells Fargo responsible for all the Enterprise
Complaints & Remediations {Credit Cards} related to Legal &
Regulatory Risk.
• Maintained up-to-date knowledge of industry regulations &
evolving best practices for regulatory reporting, attending
relevant conferences, workshops & webinars.
• Review customer complaint cases prepared by a case worker &
determine if these comply with the requirements and standards
set out in the Enterprise Complaint Mgmt. Policy
• Participate in research, assessment, and documentation of
matters relating to the business policy and regulatory adherence,
risk mitigation, or control efforts; identify patterns and trends
and looks for opportunities for procedural or control
improvements within area of focus.
• Conduct assessments and analysis of basic business or
operational outcomes, systems of records, technical assignments,
documentation, procedures, or challenges that require research,
evaluation and selection of alternatives; exercise independent
judgement to guide completion of medium risk deliverables.
• Present concise and well-articulated findings and
recommendations including rationale, to facilitate resolution of
identified matters; exercise independent judgement while
developing expertise in the risk mitigation or control activities of
the business.
• Collaborate and consult with colleagues, internal partners, and
other business stakeholders to provide feedback, credibly
challenge issues, and calibrate as needed to ensure alignment
consistency and accuracy groups.
• Conducted audits to ensure compliance with internal policies and
procedures. Developed and implemented audit plans to ensure
coverage of all areas of the organization.
• Conducted training sessions for employee on regulatory
requirements and policies.
• Maintain effective complaint handling processes to promptly
address and resolve any consumer complaints related to TILA,
FCRA, ECOA, Fair lending, AML/BSA and UDAAP.
ACHIEVEMENTS
• Awarded L1 AWARD AND
Spotlight Award {May 22,2024
and July 17,2024} for achieving
100% Quality in the
Regulations {FCRA, REGZ,
FAIR LENDING, REGDD,
REGB, UDAAP etc}.
Description: Every quarter
during All Hands Meet,
Leaders of the Wells Fargo
appreciate exceptional
performers for contributing
above & beyond normal job
duties.
• Recognized for exemplary
contribution in completing the
Remediation Queue {volume of
1000 cases} cases 4000 within
the prescribed turnaround time
according to the RegZ {Goldman Sachs}.
guidelines, thereby preventing
loss to the firm. {March-2022}
• I Received Appreciation during
the CPS {Consumer protection
services} town hall for providing
exceptional performance. For
handling & completing 80 POAACH {November-2022} cases in
a Single day before the violation
date. {Goldman Sachs}.
• I Have received the Customer
Call Hero award (Synchrony
award – March 2020).
Description: Leaders of the
synchrony regularly listen to
our calls live or recorded & for
providing exceptional
Customer Experience I was
awarded by Andy Ponneri
(Asia’s Leader for the
Synchrony bank).
• Recognized as the Customer
Champion Award. (Synchrony
award-June 2020) by Kurt
Gross Heim (EVP & Chief
Operating Officer) & Susy
Zinicola. - Description: Every quarter our Leaders of
Synchrony select EO Customer
Champions Showing
appreciation for excelling in
performance, advocating for
the Customer experience &
contributing above & beyond
normal job duties.
• Recognized as Bright Star
Award - Jan to June-2020.
• I Was recognized as “Voice of
the Customer VOC Star
Performer of the Year-2019”.
• Recognized as Consistent
Performer for VOC- Jan to
March-2021.
Senior Fraud Risk Analyst/Lead :
Goldman Sachs - Hyderabad 5/2021 - 5/2023.
● As a Mentor Manager - Responsible for a group of 7 Specialists -
Providing the necessary on job training & Feedback, ensuring the
production & quality goals are met, responsible for their leaves &
Performance management.
● Measuring the Team productivity as per the desired KPI.
Publishing the EOD reports to the management.
● Involved in RCA & developing the error tracker for the team.
Publishing the bi-hourly reports & working on improving
productivity.
● Managing Process, Identifying the quality checker team &
mentoring them as per the requirement.
● Rebill Manager - Authorizing/denying the decision taken by a
specialist to confirm if there exists customer liability to the bank.
● Worked as ACH-Analyst {Automated clearing house/cash Risk
Manager.} Identifying & minimizing the fraud by
approving/Providing the proof of authorization for ACH
payments.
● Contributed to designing & delivering effective training programs
of newly hired employees to acquaint them with the bank’s
policies & operational procedures.
● Completed optional training courses in areas of fraud, AML/BSA,
OFAC compliance, & company specific compliance systems.
● Involved in handling complaints & resolving any issues of the
consumer. {Pega Inbox, Create Pega}.
● Contributed 8 Ideas {Approved} to the development of integrated
tool MAUI.
● Trained cross functional team PND on POA & MAUI.
Representing the India team with stake holders & following the
regulatory guidelines at all times.
● Resolving complex Fraud & Non-Fraud disputes initiated by the
customer to prevent Money laundering. Identifying & escalating
any high-profile complaints to the Management.
● Responsible for Fraud Detection by evaluating the transaction
details, KYC documents, time stamp, location data, IP address &
certain other elements to confirm if a fraud has taken place.
• Senior Fraud Risk Analyst:
Synchrony International Financial services 5/2017 - 4/2021.
● Part of Fraud Operations worked for customer service by taking
calls for triggered fraud transactions. Authenticating the client by
verifying the client demographics & checking if the transaction
was fraudulent.
● Participated in Cross functional program – Resolution services
(Credit Bureau Reporting) for Non- Recovery and Recovery
accounts from May 2018 to November 2018.
● Experienced as Escalation help desk to prevent fraud & identity
theft by verifying & reviewing cx identity documents {ID Proof,
Utility bill, face verification} & Biometrics.
● Worked on improving call quality of analysts by providing
feedback & building the learning gap for the new hires. Providing
adequate guidance for different call scenarios.
● Worked on detection calls, handled lost or stolen cards &
customer requests of blocking & unblocking cards via calls.
● As a senior Analyst responsible for handling calls, running key
checks for multiple accounts screening, escalating the issues to the
investigation team as necessary.
I Find solutions to control fraud losses ensuring minimal impacts to
revenue
WORK EXPERIENCE:
● Worked for 3 years as Science and English Teacher in Shiny
Scholar Concept School and Newgen High School.
● Worked in Brigade Public School (Bachpan Mgt., CBSE
Curriculum).
● Worked in Stamford grammar high school as a high school
teacherEducation
B.Sc. Biotechnology - Osmania University.
B. ED {Biology & English} - Osmania University.