Ashim Sethi

I have an experience of 18+ years within Audit, Risk Management, SoX Compliance and governance across industries and geographies.

I understand the importance of following regulations, controls and compliance, audit, internal control, quality check and reporting, with the deft of creating processes.

I can combine compliance, controls and management information with the techniques needed to drive successful risk mitigation in any function & support business with extensive experience working in the financial and Service sector.

I am a master’s in Finance and Chartered Accountant(I) from India. I have relevant experience of working from remote locations.

I am based in the UK on Tier 2 (spouse visa) with full rights to work and hence would not need support in the visa.

Risk Transformation Manager, Telefonica Virgin Media O2                                                                     Jun’22 – Jan’23

• Transformation of Enterprise risk process and framework policy.
• Support & guide the transformation planning and delivery approach to the New Risk platform.
• Risk Process integration with stakeholders across business & divisions incl re-assessment of risks.
• Developing communications, training, and risk culture awareness for better business resilience.
• Risk based reporting, Non-financial reports to internal & external stakeholders and for governance forums.

Risk Management Senior Associate, EY London                                                                                         Dec’21 – Jun’22

• Responsible for the transformation of Enterprise risk framework, ISQM 1 and processes
• Responsible for managing the risk framework, risk strategy and the identification and assessment of

risks and controls across the firm. 

• Develop risk aware culture and knowledge of the risk transformation across business.
• Strengthening risk management in governance forums.

Risk Management Consultant (UK), Canterbury, Kent                                                                               Feb’19 - Nov’21

Independent Risk management & Compliance consultant 

• Execute Risk management framework for Clients that positions the organization to capitalize on market opportunities, ISO certification, and Compliance targets for Clients in IT service, Cyber security, and retail industries.
• Create value for Shareholders & investors with a preventive risk management framework, policies, and risk approach.
• Advise board and executive teams to implement and manage risk.
• Project scopes: - Policy development/ Procedure design (End-to-end or incremental assignments), Gap analysis, Control design, documentation and testing, Compliance reviews, Internal audit planning and test execution.

Premiershield, Delhi, India                                                                                                                                Aug’18 – Jan’ 19

        Risk Management Lead / Change management: 

• Successfully launched Risk management structure, and restructured business processes to Improve Profitability 
• Helped in the strategic initiative of old revenue collection worth INR 500mn, reduced accounting and audit costs by 30% with Automation, business process improvement and service improvement with a cost saving of INR 3mn.
• Improved Treasury Management cycle, Reduced Average Collection period by 10 days, cost savings in operational costs by INR 0.8mn, and improved cash flow by INR 1.5mn, increased FTE billings & Improved billing cycle by 5-7 days.

Maxis Aircel Limited (Telecom), Gurgaon, India                                                                                         Jun’10 – Aug ‘18

Head – Enterprise Risk Management and Head Pricing Revenue & Strategy.

• Successfully set up risk management and fraud control unit Nationally including Mobile Banking, across 23 states.
• Integrated risk profile, incl IT general controls, Strategic planning to maximize value for investors, reduction of costs by mitigating risks.
• Ensured Compliance with laws regulations, and market competition in 2g, 3g & 4g technologies & Mobile banking.
• Advocated for Aircel in Reserve bank of India, Department of Telecom regulatory, Department of Health & Safety.

Vodafone Essar Limited (Telecom), Delhi, India                                                                                       Jan ‘06 to Jun ‘10

Head – SOX (Sarbanes Oxley Compliance) for North Region  

• SOX compliance, testing, Certification & SEC filing for Northern Region (7 states).
• Internal Audit, Controls, ITGC, Compliance, governance control & governance, Investigations, Cost optimization, Designing of systems and Internal controls. Risk assessment and mitigation strategies.
• Coordination with External auditors for SOX testing.
• Business Process Reengineering, Change Management, Internal Control, and Risk Management.

Early Career

• Treasury and Financial Consultant (Financial Services)                                        May ’04 to Aug ’05

         A financial consultant with Allied Export-Import companies in Germany.

• American Express (Financial Services), Delhi, India                                                 Jan ’04 to Apr ’04

        Business analyst for East region of American Express (India) Private Limited.

• General Electric, Gurgaon, India                                                                               Aug ’01 to Jan ’04

        Business analyst and Transition Manager for the successful transition of accounting work from GE Frankona  Re,  

        London (UK) and Munich (Germany) for the Reinsurance business in Aviation, treaty & facultative sectors. 

• Ravinder Gupta and Associates (Chartered Accountants Firm, India)                  Apr ’00 to Jul ’01

• Master’s in finance: Panjab University, Chandigarh, May 2000.
• Chartered Accountant from the Institute of Chartered Accountants of India (I), Nov 1998 
• Bachelor’s in commerce Panjab University, April 1995.