romesh deodhar

Defined the business readiness framework for FATCA compliance within the Retail and Wealth Management across all countries. Implemented FATCA procedures and designed an updated operating model to deliver FATCA compliance across Retail and Wealth Management business.

Responsible for management relationships with the Business Lines of Service and third-party suppliers’ onsite and offshore at all levels i.e. interactions to senior management within the company and offshore supplier management. Definition of project wide test strategy as well as various country specific test approaches. Ensured all project management is undertaken with a commercial understanding of the business risks as well as an understanding of technical risks and drove process improvement include RCA and Defect Detection Rate Analysis.

Devised test strategies for various work packages after incorporating risk based testing techniques. Defined test processes and ensure that the correct test metrics like Cost of Defects, Cost of Slippage, Requirement Coverage etc. to ensure that the testing function are performing a profitable service. Performed test lead activities in managing projects within the test function which involve resource allocation of tests after sufficient functional impact analysis, time, resource estimation to define the overall project test strategy, test planning and delivery focussed.

Led PCM product reviews and rate card set up for country specific billing requirements including key metrics definition to support Product and Sales Managers. Responsible for vendor selection and reviews for next generation digitisation of automated payment engines. Devised Programme Test Strategy and Approach documents incorporating risk based testing techniques for both functional and non-functional requirements and project plans for different releases. Grew team from 2 FTE to 40 including hiring of high calibre test analysts and provided line management.

* Acted as a Customer Relationship Associate, managed relationships between BT and exchange equipment suppliers as well as ensured that the relationships between BT and 3rd party IT suppliers were maintained. * As a Senior Technical Associate, led a team of up to 8 testers in undertaking functional / non-functional testing, integration and system testing and in addition mentoring junior team members. * As the onsite team leader of an offshore partner for BT, I have in depth knowledge of the onsite / offshore working relationship and was responsible for setting up the onsite offshore model with the BT team. * Devised test strategies for various projects. * Managed the test team in the capacity of a team leader and carry out co-ordination between the onsite and offshore test team to deliver quality products to the clients.

* Build and reviewed business development submissions with new and existing clients including building business cases, RFP responses and proposals. * Reviewed the financial crime action plan for a top tier private banking client by providing an assessment of the key actions to be carried out and built out a roadmap for subsequent projects to be initiated to meet the FCA compliance deadline. * Led the payments transformation programme for UK Faster Payments for a leading UK bank from * vendor selection through to programme implementation strategy and plan

In-depth understanding across OFAC, EU 4th Money Laundering Directives, UK Money Laundering Regulations, JMLSG guidance and Wolfsberg Principles across different client types and products. Led implementation of remediation projects across Correspondent Banking including establishment of a specialist due diligence function to handle on-boarding and periodic review requirements including site visits for a large Nordic bank. Developed bank wide customer risk assessment framework with input into Enterprise Risk Assessment (ERA). Advised and defined policies and procedures for Correspondent Banks, Hedge and Private Equity Funds, Insurance and Private Banking as part of their strategic Financial Crime Compliance Programme for Sanctions, AML and Transaction Monitoring. Chaired FCC client review committees, senior leadership briefing calls and conduct AML training sessions. Advisory role in vendor selection and review process for KYC related process improvements, sanctions and PEP screening systems as well as workflow tools e.g. Fenergo, Acquity, Dow Jones, World Check, Oracle.