Smita Munnee
School Lane Petit-Verger, Saint-Pierre, Moka,
Summary
Ambitious and motivated Analyst with 6+ years of experience in auditing , financial regulation,regulatory compliance and central banking. Adaptable and driven with strong work ethic. Excellent interpersonal, communication and problem solving skills.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Analyst, Supervision Department
Bank of Mauritius
Port-Louis
08.2023 - Current
- Conduct onsite examination of financial institutions regulated by the Bank of Mauritius (Bank) including but not limited to review of credit risk,liquidity risk, compliance function,internal audit function,corporate governance.
- Draft onsite examination reports, following onsite examination or thematic review ,outlining findings and propose recommendations thereto.
- Conduct anti-money laundering (AML)compliance regulatory review of financial institutions,including review of KYC/CDD/EDD of bank's clients,sanction screening. and transaction monitoring process.
- Conduct fraud investigation.
- Conduct offsite monitoring of financial institutions.
- Assess financial institutions using a risk-based approach in the area of credit risk, market risk, operational risk and ML/TF risk.
- Conduct periodic financial performance review of financial institutions.
- Review of internal control systems in place at financial institutions and assess the controls put in place by financial institutions to mitigate risks
- Analyse financial data to identify financial trends, patterns and strategy and monitor and analyse Key Performance Indicators (KPI) and financial ratios.
- Compile analytical results and data into reports.
- Prepare discussion points and powerpoint presentation for meeting with the financial institutions and external Auditors.
- Prepares Annual Financial Review of financial institutions
- Contribute in the drafting of guidelines.
- Analyse and assess Internal Capital Adequacy Assessment Process document and Risk Appetite statement of banks
- Review Risk Based Supervision return,including operational,credit, liquidity and Governance returns submitted by banks with a view to identify early warning signs and weakness.
- Contribute in the drafting of Guidelines.
- Review and monitor compliance of financial institutions with applicable laws, regulations, and policies to ensure compliance with regulatory requirements.
- Pursue continuous learning opportunities regarding latest compliance and procedural changes.
Bank Officer,Grade 1, Supervision Department
Bank of Mauritius
Port Louis
09.2017 - 07.2023
External Auditor (FINANCIAL SERVICES)
Ernst & Young
01.2017 - 09.2017
- Performed audits of operational and financial areas to check compliance.
- Performing audit tests and reconciliation.
- Communicated audit findings by preparing reports.
- Identified weaknesses of existing control systems and made suggestions for remediation.
- Assessed potential risks, evaluated controls and conducted compliance testing.
Education
CAMS Certification - Anti Money Laundering Specialist Certification
ACAMS
10.2022
Master of Science - Financial Risk Management
University Of Reading
United Kingdom09.2020
Bachelor of Science - Banking And Finance
University Of Mauritius
Mauritius10.2016
Economics, Accounting And Mathematics
Mahatma Gandhi Secondary School
Moka2012
Skills
- Self-motivated professional
- Organizational skills
- Documentation skills
- Understanding of the Banking Regulatory Framework
- Risk management strategies
- MS Office suite
- Programming for Finance-Python (Intermediate)
- Statistical Software-E-Views and IBM SPSS
Certification
- ACCA Finalist (Expected completion date: June 2024)
- Certified Anti-Money Laundering Specialist (ACAMS- 2022)
Short Courses
Reserve Bank of India, College of Supervisors
- Basic Programme on Supervisory Assessment of Liquidity Risk
May 23 - 25, 2023
- Macroprudential Policy Formulations – Implementing Financial Stability Mandate
August 17-19, 2022
- Supervisory Evaluation of ALM and Liquidity Risk
June 07 - 09, 2022
- Capsule Programme on Organizational Risk Acculturation and Quality of Internal Audit and Compliance Environment (Programme I)
September 15 - 17, 2021
Afritac South, International Monetary Fund
- Training workshop on Prudential Supervision of Cybersecurity -Off and On-site Assessments
June 27 – July 1, 2022
Languages
- English and French (bilingual-Fluent)
- Hindi (beginner)
References
References available upon request.
Timeline
Analyst, Supervision Department
Bank of Mauritius
08.2023 - Current
Bank Officer,Grade 1, Supervision Department
Bank of Mauritius
09.2017 - 07.2023
External Auditor (FINANCIAL SERVICES)
Ernst & Young
01.2017 - 09.2017
CAMS Certification - Anti Money Laundering Specialist Certification
ACAMS
Master of Science - Financial Risk Management
University Of Reading
Bachelor of Science - Banking And Finance
University Of Mauritius
Economics, Accounting And Mathematics
Mahatma Gandhi Secondary School
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