Akash Dewangan

Senior Manager - Consulting, Financial Services Risk Management @EY

London, GB

Developed a Generative AI Control Framework as part of broader AI enablement program within Central Controls Office ensuring AI regulatory alignment of new and existing controls with organizational policies and procedures.• Developed RAG use cases for implementation and performed independent Risk assessments for different use-cases for a Bank• Worked with Control owners from different horizontals to identify and agree upon AI control gaps thereby contributing to Bank`s risk management strategy planned to feed into formulation of AI Policy.• Conducted model validation for Wholesale IRB models in support of the second line of defense, evaluating the appropriateness of the selected methodology, back testing, data quality, and model documentation.• Collaborated with the Internal Audit team to assess the model\'s effectiveness in meeting business and regulatory requirements, including IRB model submissions to the regulator in accordance with model risk guidelines and regulatory standards.• Reviewed and audited AI Policy, AI controls, and AI Governance processes in collaboration with the Internal Audit team; identified gaps and recommended actionable improvements.• Supported Internal Audit in conducting LLM use-case audit by recommending validation metrics, assessing guardrails around applications, and reviewing documentation for compliance and robustness.

School of Inspired Leadership

Business leadership Program, Analytics and Finance