Melroy Verghese
Head Of Compliance & MLRO at Dubai Mercantile Exchange- Claim this Profile
Click to upgrade to our gold package
for the full feature experience.
Topline Score
Bio
Charles Brodie
Melroy was a valuable and commited member of the Risk Management Group at Ahli United Bank and was a pleasure to work with.
Charles Brodie
Melroy was a valuable and commited member of the Risk Management Group at Ahli United Bank and was a pleasure to work with.
Charles Brodie
Melroy was a valuable and commited member of the Risk Management Group at Ahli United Bank and was a pleasure to work with.
Charles Brodie
Melroy was a valuable and commited member of the Risk Management Group at Ahli United Bank and was a pleasure to work with.
Credentials
-
Cryptocurrency and Blockchain: An Introduction to Digital Currencies
an online non-credit course authorized by University of Pennsylvania and offered through CourseraJan, 2020- Oct, 2024 -
Certified Anti Money Laundering Specialist (CAMS)
ACAMS -
DIFC Rules and Regulations
Chartered Institute for Securities & Investment (CISI) -
Global Financial Compliance
Chartered Institute for Securities & Investment (CISI)
Experience
-
Dubai Mercantile Exchange
-
United Arab Emirates
-
Oil and Gas
-
1 - 100 Employee
-
Head Of Compliance & MLRO
-
Jul 2018 - Present
Oversee the Exchange’s compliance with all DFSA requirements for a regulated entity.Oversee and lead development and drafting of DME rules, policies and member guidanceOversee the Compliance Program encompassing market surveillance, membership supervision, employee compliance training, sanctions & AML compliance.Ensure ongoing compliance with Anti-Bribery & Corruption, Ethics guidelines and GDPR.Oversee testing and implementation of BCPEnsure compliance with regulatory requirements of international financial regulators in the US, Europe, Hong Kong and Singapore. Show less
-
-
Senior Manager - Compliance and Dy.MLRO
-
Apr 2009 - Jul 2018
Provide oversight of Compliance for the business and external clients, in order to identify, monitor and manage regulatory risks.Ensure compliance with relevant laws and regulations, and in particular with DFSA’s Authorized Market Institution (AMI) Module.Oversee and review regulatory reporting to DFSA, CFTC (US), MAS (Singapore), NAFM (Netherlands), FINMA (Switzerland) and SFC (Hong Kong).Manage Trade & Market Surveillance function to detect potential market abuse and breaches of DME & DFSA Rules.Assisted the business with identifying compliance risk and integrating legal/regulatory compliance requirements into written policies/procedures and new product/process proposals Show less
-
-
Trade and Market Surveillance Manager
-
Sep 2006 - Mar 2009
Review trading activity utilizing all available systems tools in order to assess potential market abuse or breaches of DME Rules.Understand and analyze trading strategies and keep abreast of market developments.Preparation of written inquiries to member firms relating to market activity.Assist in preparation and maintenance of Market Surveillance procedures and any other procedures as assigned by the CCO.
-
-
-
Ahli United Bank
-
Bahrain
-
Banking
-
700 & Above Employee
-
Financial Analyst - Middle Office
-
Sep 2005 - Aug 2006
Analysis of key exposures, limits and their utilization. Generation and analysis of P&L for FX, Derivatives and Equities. Computation of risk measures on a daily basis i.e. VaR and Marking–to- Market of the FX and Derivatives portfolio. Analysis of key exposures, limits and their utilization. Generation and analysis of P&L for FX, Derivatives and Equities. Computation of risk measures on a daily basis i.e. VaR and Marking–to- Market of the FX and Derivatives portfolio.
-
-
-
Standard Chartered Bank
-
Singapore
-
Financial Services
-
100 - 200 Employee
-
Risk Analyst - Market Risk- Global Markets
-
Nov 2004 - Sep 2005
Investigation and reporting of limit excesses for approval by the Regional office. Review and analyse key exposures, limits and their utilization. Support the MTM process by ensuring that the MTM sources are updated and reflective of market rates. Computation of VaR, back testing and stress testing of the Banks’ portfolios and perform other analysis where required. Investigation and reporting of limit excesses for approval by the Regional office. Review and analyse key exposures, limits and their utilization. Support the MTM process by ensuring that the MTM sources are updated and reflective of market rates. Computation of VaR, back testing and stress testing of the Banks’ portfolios and perform other analysis where required.
-
-
-
Kotak Mahindra Bank
-
India
-
Banking
-
700 & Above Employee
-
Manager - Risk Management (Market Risk)
-
Feb 2003 - Nov 2004
Monitoring of all limits (Call Lending/Borrowing, Term Lending, Overnight, daylight, aggregate gap, counter party exposures etc.) Preparation of Rate Scan Reports, monitoring and reporting of deviations in deal rates on the basis of these reports. Preparation of Capital Adequacy and Credit Exposure reports for Derivatives contracts. Computation of risk measures on a daily or appropriate basis i.e. Duration of the Investment Portfolio, VaR, Sensitivity Analysis of market positions and Marking–to- Market of the portfolio. Show less
-
-
-
-
Deputy Manager - Surveillance
-
Jan 2000 - Feb 2003
Conducting trade and market surveillance. Internal and Securities and Exchange Board of India (SEBI) investigations. Involved in setting up the surveillance system for the Cash market and Equity derivatives including risk management. Initiating disciplinary action against erring members Conducting trade and market surveillance. Internal and Securities and Exchange Board of India (SEBI) investigations. Involved in setting up the surveillance system for the Cash market and Equity derivatives including risk management. Initiating disciplinary action against erring members
-
-
Community
