Luis Canales Email and Phone Number

Liaison between Internal Audit and the supervisors.

Banking & Capital Markets Internal Audit Manager. A selection of projects include:- Led and delivered a bank-wide review of the internal control environment for a financial institution within Asia-Pacific, involving the development of the audit Universe, performing a Risk Assessment to identify the areas of higher risk, and delivering reviews of selected areas.- Assisted a GSIB to develop its internal audit strategy for the review of model risk, benchmarking their approach against their peers and regulatory expectations and providing examples of best practices.- Led the delivery of an end-to-end review of the treasury market execution operations for a challenger bank that operates in the repo, fixed income and derivative markets.- Coordinated the development of the Internal Ratings-Based, IFRS9 and Credit Risk Global Internal Audit strategies for a bank under the supervision of the UK, EU and US regulators.

Internal AuditMarket RisksMy work at Banco Santander consisted mainly in reviewing accounts, valuing financial products and examining the internal controls of group's units such as:- Treasury departments (Spain, Brazil, Uruguay).- Asset Management firms (Spain, Puerto Rico).- Insurance companies (Spain, Poland).- Mortgage securitizers.- Brokerage firms.- Review of the internal model of market risk (Basel).

AssuranceFinancial ServicesDuring my time at PwC I took part in various projects related to the banking sector, for example:- Revision of financial statements.- Reporting to regulators (IPAC).