Rakesh Madharam

About Rakesh Madharam

Hello! I am Madharam Rakesh, an Independent Testing Specialist with over six years of experience in Risk and Controls Management, primarily within the financial services sector. My expertise lies in operational risk evaluation, compliance strategies, and comprehensive control testing. I have a proven track record of enhancing control frameworks and driving risk governance, which has allowed me to partner effectively with senior stakeholders to foster a proactive risk-aware culture.Throughout my career, I have successfully led independent control testing initiatives, evaluated key operational processes, and developed strategic recommendations that have significantly improved governance outcomes. My strong analytical skills and attention to detail enable me to translate complex risk issues into actionable insights, supporting continuous process improvement and operational resilience. I am now seeking opportunities in Hyderabad to leverage my skills and contribute to organizational success.Key Achievements- Successfully completed a 15-day intensive EBCE certification at Wells Fargo International Solutions, enhancing my expertise in structured control testing and regulatory documentation- Awarded the Manager Spotlight Award at Wells Fargo for delivering exceptional control testing outcomes and exceeding performance expectations- Recognized as a Top e-Card Recipient for 2025 YTD at Wells Fargo, reflecting my sustained contributions and positive stakeholder impact- Received the Best Workplace Recognition at HDFC Bank for my professionalism and teamwork in fostering a compliance-driven culture- Honored with the Rewards & Recognition Award at HDFC Bank for my commitment to risk governance and value-driven delivery.

Experience

1. Independent Testing Specialist

   Wells Fargo

   Jul 2025 — Present · Hyderabad, IN

   In my role at Wells Fargo, I lead independent testing and assurance of operational process controls, evaluating approximately 35 key controls within a tight timeframe. I manage the control inventory, ensuring effective tracking and reporting while developing management dashboards for visibility into testing progress and risk themes. My responsibilities include conducting detailed control walkthroughs, creating audit-ready documentation, and partnering with management to review testing outcomes and emerging risk trends. I also focus on capability building through knowledge-sharing sessions and foster a collaborative team culture in a regulated environment.Achievements: I have been recognized for delivering high-quality risk outcomes and collaboration, earning multiple awards for excellence and contributing to a strong risk-aware culture. My efforts have led to enhanced control, monitoring, and process efficiency through standardization and automation opportunities.

Education

• Little Angles High School

  SSC , SSC

• School of Management – UAi

  PGDM, Accounting and Finance

• Cardiff Metropolitan University

  Master of Business Administration - MBA, Accounting and Finance

• Sree bindhu degree College

  Bachelor of Commerce - BCom, Computers

• Sri Medha Jr College

  MEC, MEC