Raghu Mehra

• Evaluate the adequacy and effectiveness of the Firm’s internal controls using a risk-based audit methodology and assists in monitoring the Firms compliance with internal guidelines set for risk management and risk monitoring as well as external rules and regulations governing the industry.
• Part of the global team with presence in locations in the NAM/LATAM/EMEA and APAC.
• Perform audits of the 2nd line (i.e., Risk Management) in major markets across APAC to a form a view on the effectiveness of controls operating within the Firm Risk Management.
• Support the audit of Internal Capital Adequacy and Assessment Process (ICAAP) for the APAC Region.
• Support the APAC IA ICAAP team in performing risk assessment, business monitoring, issue validation, planning, execution and reporting of audits.
• Participate in the planning of audits to include identification and evaluation of control objective / inherent risks and controls.
• Project manage the regular audits and provide recommendations on areas where internal controls are weak.
• Meet with key stakeholders both within and outside internal audit and attend working groups and committees as part of continuous monitoring activities.
• Strong understanding of business and system processes and link to key risks and controls for audit testing.
• Strong communication skills and able to communicate complex technical issues in simplified terms to management and colleagues from other audit divisions.
• Strong technical knowledge in the risk management domain e.g., ICAAP, credit risk, liquidity risk, operational risk, model risk management and keep informed of financial market insights/emerging risks such as geopolitical risk, climate risk, etc., and regulatory developments relating to risk management.
• Able to demonstrate critical thinking, strong risk and control mindset, good project management skill, strong analytical and problem-solving skills with the drive to develop independent viewpoint and people management.
• Proven team player in collaboration and supporting team members across different Regions.

Director at the Deloitte Risk Advisory and a member of the SEA Financial Industry Risk & Regulatory (FIRR) Advisory based in Singapore. With more than 15 years of experience in the Financial Services Industry , I have an in-depth knowledge of :

• risk-related regulatory requirements and governance matters
• banking operations and processes for retail, wholesale banking, treasury and asset management, including products and services
• advisory services to clients in the Financial Services Industry, predominantly in banking
• internal audit advisory on risk-related regulatory and governance matters across all Financial Risk verticals

In the risk advisory role, I am responsible for the business development, sales and delivery for various project namely:

• design, develop and operationalise risk management framework, risk policies and regulatory risk reporting for banks in the SEA Region
• work closely with the second line and advisory on the risk appetite, risk limits and monitoring and reporting of risk
• advisory projects and implementation of ICAAP, Recovery Planning and Liquidity Coverage Ratio for banks in the SEA Region
• advisory and implementation of large-scale transformation programs, and initiatives to design and develop regulatory standards and principles (e.g. BCBS 239; risk systems and infrastructure for newly licenced Digital Banks in Singapore and implementation of Basel 2/3 Standards for Banks in the SEA Region)
• internal audit advisory and co-source with banks in Singapore

• Functioned in Product Controller roles like Team Lead of Treasury & Liquidity Management; Global Commodities Balance Sheet; Financial Accounting - Risk & Controls of Derivatives and Hedging portfolios, and GFX & Money Market Desk
• Managed day to day activities and reporting of daily profit & loss and validation of balances for trading and banking books
• Key responsibilities included, but not limited to, the following:

a. Balance sheet management and P&L reporting

b. New Product Approval process and key point of contact for Business Manager

c. P&L attribution analysis and Explain

d. Static data maintenance and controls

e. Monthly, Quarterly, Semi-annual and annual closing and substantiation of balances

f. Change management related projects and infrastructure management

g. Account ownership and controls sign-off

• Learned and adapted quickly to new P&L reporting process and systems/applications.
• Developed and maintained effective working relationships with the Trading & Sales and Financial Controllers team.
• Proved successful working within tight deadlines and a fast-paced environment.
• Proven ability to learn quickly and adapt to new role and situations.
• Used critical thinking to break down problems, evaluate tactical and strategic solutions and assisted my reporting manager in making decisions.
• Daily reporting of P&L to the Trading Desk within specific timeframes.
• Developed strong communication and organizational skills through working on various projects and initiatives.

• Involved in project management and execution of audit and assurance activities to licensed Banks, Capital Market Services License, Sovereign Wealth Management, Commodities trading and brokerage house.
• Functioned as the Audit Lead for the Group Audit of Abu Dhabi Investment Authority, one of the world's largest sovereign wealth funds headquartered in Abu Dhabi, UAE.
• Audit Manager for The Royal Bank of Scotland operations in Singapore covering Wholesale Banking, Investment Banking and Private Banking Business.
• Audit Manager for several audits of licensed banks operating as a foreign bank branch in Singapore and asset management companies holding capital market services license.