Spencer de Melo

About Spencer de Melo

Accomplished Capital Markets Risk Executive and recognized Who’s Who inductee with a robust background spanning Wall Street to global consulting in finance and risk management. Skilled in leveraging artificial intelligence, including specialized expertise in ChatGPT, to optimize financial strategies and compliance. Passionate about applying his industry Financial Markets experience with todays innovative thinking frameworks and problem solving with the backing of AI to address complex challenges at today hyper-competitive and highly complex financial institutions or at NGOs to contribute to global economic development. Eager to bring AI-driven innovation in Risk mitigation, financial analysis, process automation to Firms, Professionals and NGOs.

Experience

1. Capital Markets Audit Risk

   Northern Trust

   Nov 2021 — Present · NY, US

   Leading rigorous internal audits, this role entails strategic engagement with executive committees and oversight committees to uphold governance and integrity in the financial services industry. It focuses on ensuring Broker Dealer compliance across US/EMEA regions, aligning with both local and international regulatory frameworks.**The position demands detailed financial audits and risk assessments of Broker Dealer activities, emphasizing precision in evaluating market volatility, credit risk, liquidity risk, and operational risks. This involves thorough analysis of financial statements and trading practices to proactively identify and mitigate potential risks.**Responsibilities extend to refining the Wholesale Credit Risk Policy and leading the development of governance policies within ASC Broker Dealer. Integration of advanced AI tools like ChatGPT enhances compliance and risk management, supported by platforms such as IBM Watson for predictive risk modeling and Palantir Foundry for data analysis, enabling strategic risk mitigation.**Additionally, the role covers managing compliance with NSE/SEBI circulars, crafting informed responses to regulatory inquiries, and preparing comprehensive reports for senior management that detail findings, insights, and strategic recommendations.**Collaboration with external auditors is critical, ensuring meticulous evaluations of financial records and internal controls to maintain the highest standards of accuracy and regulatory compliance in the capital markets sector.

Education

• Bryant University

  Master of Science Taxation, Fiscal Policy/ Monetary Policy

• Providence College

  BS, Accountancy, Risk Management

• Johnson & Wales University

  Master of Business Administration - MBA, Accounting

Skills

• Internal Audit
• Finance
• Basel I
• Financial Modeling
• Banking
• Risk Management
• Change Management
• Governance
• Business Process Improvement
• Mergers
• Internal Controls
• Software Documentation
• External Audit
• Enterprise Risk Management
• Analysis
• Sarbanes-Oxley
• Financial Risk
• Valuation
• Business Strategy
• Account Reconciliation
• Stress Testing
• Ffiec
• Operational Risk
• Ccar
• Business Process
• Financial Reporting
• Credit Risk
• Risk
• Management Consulting
• Basel Iii
• Sox 404
• Risk Assessment
• Sarbanes-Oxley Act
• Operational Risk Management
• Strategy
• Internal Control Implementation
• Process Improvement
• Auditing
• Accounting