Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic

LULAMA MONGWE

Budapest

Summary

Results-driven risk management professional with 9 years of experience across regulatory reporting, internal audit, and control testing. Specializes in control design assessment, risk management, and stakeholder engagement with expertise in financial services. Proven track record in leading teams, providing constructive challenge to stakeholders, and implementing control effectiveness testing at global financial institutions including Citibank and Morgan Stanley.

Overview

9
9
years of professional experience

Work History

AVP - EMEA Finance Controllers Division

Citibank
06.2023 - Current
  • Progressed through increasingly responsible roles within Citibank's EMEA Finance organization, focusing on regulatory reporting, control testing, and process optimization
  • Current Role: Senior Finance Specialist - Regulatory Reporting First Response Team (04/2024 - Present) Part of an internal consulting unit focusing on control testing, process engineering, and regulatory reporting optimization
  • Key Projects and Achievements:
  • Led automation of the Bulgarian AnaCredit Report, improving efficiency and accuracy in regulatory reporting
  • Assisted with Operational Risk Exposure stress testing, enhancing control effectiveness and risk assessment methodologies
  • Compiled and analyzed historical revenue data for stress testing scenarios, supporting risk management frameworks
  • Collaborated with senior stakeholders to deliver rigorous control assessments and identify remediation opportunities
  • Provided constructive challenge to stakeholders on control design and implementation
  • Executed control testing with exceptional attention to detail and thorough documentation
  • Previous Role: Local Regulatory Reporting (LRR) Governance (06/2023 - 03/2024) Led regulatory reporting governance initiatives supporting the EMEA Franchise Controller with oversight of controls across 55 countries
  • Key Achievements:
  • Provided oversight and governance of control processes across EMEA
  • Developed and monitored Key Performance Indicators for regulatory reporting controls
  • Led the implementation of Foundational Reporting Environment standards and control frameworks
  • Coordinated with Country Finance Teams on regulatory compliance and control testing
  • Managed report inventory and control processes with rigorous attention to detail
  • Identified control weaknesses and recommended remediation actions to senior stakeholders
  • Developed strong stakeholder relationships across front office and support functions

Director (AVP) - Global Internal Audit Finance

Morgan Stanley
09.2022 - 05.2023
  • Member of Morgan Stanley's Global Internal Audit Finance team specializing in Treasury, Liquidity and Funding audits, focusing on control effectiveness testing and risk assessment
  • Key Achievements:
  • Performed comprehensive control testing for high-risk areas, evaluating control design and operating effectiveness
  • Assessed internal controls across various market activities including Liquidity Stress Testing
  • Received STAR AWARD for significant contributions to regulatory remediation
  • Developed and implemented risk assessment frameworks for testing processes
  • Executed control testing with exceptional attention to detail
  • Coached junior team members in control testing methodologies
  • Provided constructive challenge to senior stakeholders on control design

Senior Auditor 2

KPMG Global Statutory Centre of Excellence
11.2020 - 08.2022
  • Led comprehensive audit activities for 72 entities across EMEA, APAC, and LATAM regions
  • Key Achievements:
  • Led control testing activities across multiple business lines
  • Coached and developed team of 5 junior staff members in control testing methodologies
  • Executed end-to-end audit processes with rigorous attention to detail
  • Maintained effective stakeholder relationships across multiple business lines
  • Achieved 'Consistently Exceeds Expectations' performance rating
  • Successfully managed audit execution for complex business areas

Audit Senior

Auditor General of South Africa
09.2017 - 08.2020
  • Led public sector audit engagements focusing on compliance, internal controls, and performance auditing
  • Key Achievements:
  • Evaluated control design and effectiveness across government entities
  • Assessed internal control environments and risk management frameworks
  • Supervised junior audit staff and reviewed their control testing work
  • Provided constructive challenge to senior management on control weaknesses
  • Developed and implemented new testing methodologies
  • Led comprehensive internal control assessments

Accountant Trainee

Grant Thornton Cape
01.2016 - 12.2016
  • Assisted in control testing and risk assessment procedures across various industries
  • Prepared audit documentation with attention to detail and adherence to professional standards
  • Performed substantive testing procedures and controls evaluation
  • Supported senior team members in client engagements
  • Demonstrated strong analytical and problem-solving skills in audit execution
  • Successfully completed all assigned SAICA competency framework requirements

Education

FRM Part 1 - Risk Management

Global Association of Risk Professionals
Global
01-2025

ACCA Professional Qualification Exams - Finance, Accounting, Audit, Taxation

Association of Certified Chartered Accountants
Global
12-2023

CA(SA) Articles - Finance, Audit, Taxation, Accounting

South African Institute of Chartered Accountants
South Africa
08-2019

Bachelor in Accounting Sciences (Honours) CTA - Accounting And Finance

University of The Free State
Free State, South Africa
12-2015

Bachelor in Accounting Sciences - Accounting And Finance

University of The Free State
Free State, South Africa
12-2013

Skills

    Control & Risk Management:

  • Control Design Assessment and Effectiveness Testing
  • Stakeholder Management and Relationship Building
  • Financial Risk Management
  • Process Optimization and Control Remediation
  • Internal Controls & Audit
  • Regulatory Compliance

    • Financial & Regulatory Expertise:

  • Financial Services Risk Assessment
  • Regulatory Reporting and Compliance
  • Operational Control Framework Implementation
  • Basel 3 & Capital Requirements
  • IFRS & US GAAP

    • Leadership & Execution:

  • Team Coaching and Development
  • Project Execution with Attention to Detail
  • Constructive Challenge to Senior Stakeholders
  • Cross-functional Team Leadership
  • Process Engineering and Optimization

Accomplishments

  • Morgan Stanley STAR AWARD (2023) - Recognition for OCC MRA closure contributions
  • KPMG Excellence Award - Consistently Exceeds Expectations (2022)
  • Technology Innovation Committee Member - KPMG Global COE

Timeline

AVP - EMEA Finance Controllers Division

Citibank
06.2023 - Current

Director (AVP) - Global Internal Audit Finance

Morgan Stanley
09.2022 - 05.2023

Senior Auditor 2

KPMG Global Statutory Centre of Excellence
11.2020 - 08.2022

Audit Senior

Auditor General of South Africa
09.2017 - 08.2020

Accountant Trainee

Grant Thornton Cape
01.2016 - 12.2016

FRM Part 1 - Risk Management

Global Association of Risk Professionals

ACCA Professional Qualification Exams - Finance, Accounting, Audit, Taxation

Association of Certified Chartered Accountants

CA(SA) Articles - Finance, Audit, Taxation, Accounting

South African Institute of Chartered Accountants

Bachelor in Accounting Sciences (Honours) CTA - Accounting And Finance

University of The Free State

Bachelor in Accounting Sciences - Accounting And Finance

University of The Free State

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