Quality Assurance Project Manager

Saleem Lodhi

(Mobile) 079**-***-*** (Email) ******@*******.***

PROFESSIONAL OVERVIEW:

An experienced Senior Manager with a proven track record of success in the

Banking and Financial Services, and Oil and Gas, Chemicals and

Manufacturing industry sectors. Specialising in internal controls /

internal audit and high level risk and controls assessments.

A strong pro-active leader, empowering staff to take ownership, providing

coaching and mentoring to build cohesive teams working together to achieve

individual targets and company objectives. Results oriented and quality

focused, with excellent relationship management, interpersonal and problem

solving skills.

Experienced in internal controls / audit methodology / SOX methodology,

providing audit / controls training. Quality Assurance reviews of all SOX

related documentation, provision of best practice, developing controls and

risk assessment frameworks, remediation management processes. Detailed

knowledge of application and general computer controls, trade lifecycle

controls front and back, capital markets and treasury products, retail

banking products, life insurance products.

CAREER HIGHLIGHTS INCLUDE:

. Developed financial control framework for ICI on a global basis. Led

controls work stream as part of a global SAP implementation.

. Promoted to Head of CQA function at Shell to oversee all SOX quality

requirements for Europe

. Set up Internal Audit function for Wachovia Bank London, performing high

level risk assessment across the bank, identifying key financial and

regulatory risks and controls and producing annual audit plan

. Developed risk based audit methodology and audit plans for internal audit

clients at PwC

. Set up Audit Committee for Jefferies International in accordance with FSA

requirements, and developed Board level reporting and streamlined SOX

processes and key controls

. Leading and performing a Quality Assurance review of an Internal Audit

function for a Retail and Corporate Bank in Saudi Arabia in accordance

with IIA standards

. Rolling out internal control framework based on COSO methodology for TUI

Travel PLC

EXPERIENCE:

Internal Audit / Internal Controls / SOX

. Rolled out and developed financial controls framework, identifying key

SOX controls and new processes

. Detailed understanding of risk and controls related to trade lifecycle of

products

. Devised risk based internal audit methodology

. Developed strategic and operational audit plans

. Development of internal controls framework and entity level SOX controls

framework

. Performed high level control and risk assessments at corporate and

investment banks

. Performed SOX scoping in accordance with AS5

. Conducted audits & follow up audits for timely rectification of issues

identified

. Developed action plans to assess control weaknesses and root cause

analysis

. Developed practical guidance to SOX methodology

. Facilitated controls and risk workshops with Directors /Senior Management

. Performed process mapping of key financial and IT processes

. Managed teams of up to ten individuals

. Good knowledge of FSA rules and regulations, corporate governance

(Turnbull, Cadbury)

Project Management

. Responsible for all aspects of complex multiple project management

activities

. Appointed to co-ordinate and lead multiple, concurrent full life cycle

SOX projects

. Handled project planning, implementation, development and resources

. Managed change control, issue resolution and risk assessment activities

. Provided leadership and mentoring to cross-functional teams of project

staff

. Prepared presentations and reports for senior level management teams

. Delivered technical related recommendations, guidance and advice

. Monitored productivity and ensured achievement of key milestone targets

. Implemented processes and procedures to ensure delivery of best practice

. Ensured delivery within stringent time, budgets and quality requirements

CAREER HISTORY INCLUDES:

Feb 2012 - Present: COSO Project Manager - TUI Travel PLC

. Partnered and supported Sector businesses in the implementation of COSO

framework to Finance functions

. Assessed training needs; prepared training materials and conducted

training where required related to risk and controls

. Assisted sectors with risk identification and assessment

. Drove control design and implementation around key risks

. Ensured existing processes and controls were documented to a consistently

high standardised level.

. Helped businesses test existing control environment and remediate

deficiencies

. Worked with businesses to develop appropriate, sustainable controls

monitoring plans

. Reviewed business processes to identify improvements / efficiencies

. Developed and maintained multiple Stakeholder relationships

. Assisted in the production and maintenance of the Group Accounting

Policies and Group Reporting Manuals, ensuring that they are updated to

reflect changes in accounting standards and reporting processes

. Developed minimum controls framework for business units with less than

25million revenue

May 2011 - January 2012: Senior Consultant - Jefferson Wells

. Managing the documentation phase of a multi location first year SOX

project, responsible for scoping, control risk assessment and evaluation,

focus on financial close processes.

. Performing a Quality Assurance review of an Internal Audit function for a

leading bank in Saudi Arabia, ensuring conformance with IIA standards

. Producing a Business requirements document for a project to automate the

ICAAP process for a large US bank

December 2008 - November 2010: Head of International Audit & SOX Compliance

- Jefferies International

. Managing the Audit and SOX program, including performing risk assessments

and scoping in accordance with AS5

. Presenting and Reporting to Audit Committee on audit findings and SOX

control deficiencies

. Developing and refining the SOX methodology including improving processes

around entity level controls

. Establishing self-assessment process for SOX controls, providing training

and guidance to control owners, including documentation relating to End

User Computing

. Key audits managed include International Operations, Cash Equities,

Equity Derivatives, High Yield bonds, Convertible bonds, Treasury and

Liquidity management, Mortgage / Asset backed securities, Interest rate

products, Credit Risk, Market Risk, Operational Risk, Asset Management,

Prop trading, Product Control, Independent Price Verification, Anti Money

Laundering, KYC rules

. Assisting Operational Risk in following up on control failures and

operational risk incident reporting for Global Operations

. Participated in relevant committees (e.g., Risk Oversight Committee,

Global New Business Committee), highlighting any SOX / control issues

. Performed balance sheet substantiation exercise, focus on key account

reconciliations

July 2007 - October 2008: Controls & Compliance Senior Manager - ICI

. Established and maintained the Group control standards for the ICI Group.

. Ensured that standards were rolled out, as necessary, to all relevant

personnel in the Group.

. Managed a programme of periodic self-assessment to demonstrate compliance

with Standards.

. Lead the controls work stream as part of a global SAP implementation,

responsible for developing a controls framework for all core financial

processes (purchase to pay, record to report, capital expenditure, order

to cash, and inventory management).

. Facilitated enterprise wide risk management workshops with senior

management

May 2006 to Nov 2006: Head of Central Quality Assurance - Europe: Shell

International

. Responsible for providing quality assurance reviews across Europe,

managing a team of Senior Consultants

. Developed work programme for European reviews & met with Project

management & SOX leads in Europe

. Developed practical guidance to SOX methodology & dealt with queries &

internal control issues

. Ran SOX training sessions for SOX Consultants in Europe & developed

deficiency evaluation process for dealing with ineffective controls

. Managed 3 direct reports and up to 50 indirect reports

Jul 2005 to May 2006: Senior SOX Consultant: Shell International

. Responsible for central quality assurance reviews of all aspects of SOX

documentation and testing

. Ensured compliance with SOX methodology, including developing practical

guidance on testing & End User Computing

. Communicated best practice to business areas across Europe

. Provided guidance and training to European QA teams on documentation and

testing

. Successfully developed the CQA function and assisting with recruiting QA

for Europe

Dec 2004 to Jun 2005: SOX IT Consultant : Shell Trading & Shipping Company

Ltd

. Responsible for developing remediation management process for IT

remediation around application and general computer controls in a

commodity trading environment

. Assessed the impact of Group testing strategy on IT application and

general controls Delivered workshops to discuss business process

documentation and identify IT application controls

. Assisted with developing enforcement of segregation of duties through IT

sytems access rights (SAP)

. Deputised in the absence of the IT Project Manager and dealing with SOX

queries from IT staff

Nov 2004 to Dec 2004: Business Analyst: Barclays - Group Treasury

. Assessed the impact of IFRS on existing SOX business process

documentation

. Emphasis on IAS 39 particularly relating to derivatives reporting

. Designed & documented new procedures, working closely with SOX & IFRS

project teams

Jul 2004 to Nov 2004: SOX Consultant: Lloyds TSB

. Responsible for undertaking & reviewing high level scoping & determining

key accounts & sub-processes

. Project managed Group Property work-stream within IT & Operations

division, including recruiting & training

. Attended Divisional Steering Committee meetings to discuss approach and

formulate action plans

. Facilitated workshops to document processes and identify key controls

over financial reporting

. Assisted in developing approach to documentation & reviewed documentation

& identified control weaknesses

. Discussed remediation action with management and implemented action plans

and monitoring mechanisms

SELECTED EARLY ACHIEVEMENTS:

Senior Auditor Wachovia Bank, London Oct 2003 to

Jun 2004

. Responsible for assessing the adequacy of internal controls, risk

management & regulatory compliance across all areas of the Corporate and

Investment banking

. Performed risk assessment in Non-Dollar Products (including spot and

forward FX, Options, Interest rate and credit derivatives, Swaps,

Institutional Equity Sales), determining key risks and controls

. Reviewing bank wide control and risk self-assessment process and

facilitated controls workshops

. Reviewed business strategic plans, tracked interdependencies &

investigated ability to execute business plans

.

Senior Risk Analyst Abbey

Jan 2002 to Sep 2003

. Developed Board level quarterly & monthly reporting for all material

financial and operational risks

. Developed Economic capital and profit reporting to the Board in

accordance with Basle II

. Economic Capital Steering Group Risk Representative, developing

methodology to meet regulatory requirements

. Developed credit risk schedules working alongside Portfolio Management

Group within the Wholesale bank

. Developed reporting for life business for Abbey, specifically solvency

margin risk, working with Actuarial function

Audit Consultant First National Bank (Abbey) Oct 2000 to

Jan 2002

. Developed bank wide audit program and methodology & completed Group

audits on strategic risks

. Reviewed outsourcing of parts of the retail function & devised a

comprehensive analysis of key risks

. Completed Strategic Planning review, included attending plan

justification meeting with Executive Directors

. Developed internal audit methodology in line with COSO

Senior Internal Auditor PriceWaterhouseCoopers

Aug 1994 to Sep 2000

. Devised risk based internal audit methodology for the clients, moving

away from systems based auditing

. Facilitation of risk management workshops

. Managed a portfolio of eight clients and responsible for all aspects of

contract management

. Undertook key reviews in Strategic Planning, Change Management and

Corporate Governance

IT APPLICATIONS & METHODOLOGIES:

MS Office, Lotus Notes, Visio, SAP R3, ORACLE, PeopleSoft, COSO, COBIT,

Basle II, Solvency II

EDUCATION:

. CIMA - (2003)

. BSc (Hons) Economics - 2i (1992)

. 3 A' Levels and 7 O' Levels

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