Sasmita Meghan Patrick

About Sasmita Meghan Patrick

Sasmita is an experienced Advisory professional with a demonstrated history of working in financial services. Sasmita joined Deloitte in May 2021 and has been part of the Regulatory & Legal Support - Risk and Financial Advisory team. Sasmita has been associated with various US clients supporting them in engagements and workstreams such as Regulatory Relationship, Complaince Risk Control Assessments (CRCA), PMO and RCSA (Risk & Control Self-Assessment) Execution Support and Market Conduct CRCA Enhancement and CNB Process Mapping and Procedure Validation. Additionally, she has actively been part of various Practice and Research Development (PRDs) which include Digital Assets in Financial Services, Risk Assessment, Digital Assets POVs, creating Standard of Work (SOW), Digital Transformation Cloud aPaas Evaluation, BIS - Central bank digital currencies, FSI PMO efforts and Market Abuse POV. She also takes part in community involvement programs to make the best use of her downtime.Prior to joining Deloitte, Sasmita was associated with Ernst & Young, Global Delivery Services (EY GDS) for 4 years and 3 months, she is a goal-oriented professional who brings along with her extensive experience in Anti-Money Laundering (AML) and comprehensive knowledge in the financial domain.During her tenure at EY, she has worked in diversified AML projects supporting various clients based out of US, EMEA and MENA (Middle East) region for processes which include Transaction/Payment Screening, KYC Onboarding – Global Commercial Banking, AML Internal Audit – Compliance Monitoring, Name/List Screening and Sanction Screening. Sasmita is also a strong business development professional with a Master of Business Administration (MBA) focused in Finance from St. Joseph\'s College Of Business Administration.

Experience

1. Lead Solution Advisor

   Deloitte

   May 2023 — Present · Bengaluru, IN

   PROJECT HIGHLIGHTS:I. Process Mapping and Procedure Validation- Reviewed key Level 3 operational processes performed by the B & IS team- Partnered with business SMEs to develop detailed process maps and a procedures document outlining step-by-step activities, roles/responsibilities and key control points.II. Control Testing and Monitoring- Conducted compliance monitoring and testing across multiple jurisdictions and regulatory regimes, including prudential standards in Brazil- Performed compliance testing and readiness assessments for Volcker and Nikko regulations, evaluated control design and operating effectiveness- Reviewed controls and processes for compliance with Japanese firewall requirements, identified gaps and recommended corrective actions to mitigate risk and strengthen regulatory LRR - Regulatory Library- Reviewed and rationalized LRR inventory, streamlined the regulatory library by identifying and removing duplicate entries- Validated accuracy and completeness of source information, topic categorizations and citation details to keep the library current and reliable- Improved the library’s effectiveness as a compliance reference tool, enabling faster, more efficient regulatory research for compliance and regulatory teams.IV. Program Effectiveness Assessment and Risk Assessment- Conducted Program Effectiveness Assessment (PEA) and Risk Assessment for U.S. CMS Remediation, evaluating control design and operating effectiveness- Identified key compliance risks and control gaps, assessed adequacy of existing controls against regulatory requirements- Developed actionable recommendations and control enhancements to strengthen the compliance framework and support remediation execution.V. Control Testing and Outcome Based TestingApplication used: PagerDuty, JIRA, ServiceNow

Education

• St.Josephs College of Commerce

  Bachelor of Commerce (BCom), Finance

  2011 — 2014

• St Joseph's Institute of Management

  Master of Business Administration (MBA), Finance

  2014 — 2016

• Jyoti Nivas Pre University College, Bangalore

  Pre University, SEBA, Commerce

  2009 — 2011

Skills

• Microsoft Office
• Analysis
• Financial Accounting
• Customer Service
• Corporate Finance
• Financial Modeling
• Accounting
• Management
• Finance
• Financial Analysis
• Leadership
• Insurance
• Portfolio Management
• Financial Reporting
• Microsoft Word
• Teamwork
• Banking
• Mutual Funds
• Team Management
• Powerpoint
• Microsoft Excel
• Business Strategy