Risk & Fraud Advisory · Seattle, Washington
Fraud, operational risk and data governance, engaged by the project.
Enderassey is the advisory practice of Wondwossen Mezlekia, CFE: seventeen years in fraud prevention, operational risk and data governance, including the program behind a 93% reduction in third-party account takeover fraud at a top-tier annuity carrier and a seat on the ten-member LIMRA/LOMA Financial Crimes Council that advanced FraudShare.
en·de·ra·sé (Amharic): “as myself.” The person you trust to act on your behalf, with full authority and full accountability. Every engagement at Enderassey is held to that standard of care.
The record
Seventeen years in insurance and banking operations.
Designed and ran the fraud prevention program protecting call center and annuity administration operations at a top-tier annuity carrier.
One of ten members of the LIMRA/LOMA Financial Crimes Council: selling the platform to member companies, winning over legal and compliance teams, testing, contributing data, and operationalizing it across the industry.
Stood up the carrier's operational risk management program end to end and cut assessment cycle time by 50% through Lean process redesign.
Data risk management at MUFG Union Bank through the US Bank acquisition: data quality risk across production, aggregation, and consumption, and independent review and challenge across seven enterprise GRC system conversions.
17 years across insurance and banking: operational risk, fraud prevention, AML coordination, and data governance. RSA Archer, OpenPages, and ServiceNow practitioner.
The practice
The three practices
Operational risk is the control framework, data governance is the information those controls run on, and fraud is what happens when either one fails.
Practice 01
Fraud Advisory
Disbursement fraud diagnostics, fraud program builds, and fractional fraud leadership for annuity platforms, recordkeepers, TPAs, and credit unions.
Enter →Practice 02
Operational Risk
Operational risk program diagnostics and builds: RCSA design, risk registers, issue management, governance reporting, and fractional risk leadership.
Enter →Practice 03
Data Governance & Risk
Data governance programs, data risk assessment across production, aggregation and consumption, GRC conversion assurance, and independent review and challenge.
Enter →The principal
Who does the work
Wondwossen Mezlekia
Founder & Principal Consultant · CFE
Wondwossen spent 17 years inside the operations he now examines: sixteen at Symetra Life Insurance, where he ran the life claims unit, owned SOX-compliant control processes, and built the company's operational risk and fraud prevention programs, and a year as VP of Data Risk Management at MUFG Union Bank through one of the largest bank acquisitions in recent US history.
As one of ten members of the LIMRA/LOMA Financial Crimes Council, he helped advance FraudShare, the industry's fraud intelligence platform, from a promising idea to the standard adopted across life and retirement services: selling it to member companies, testing it, contributing data and insights, and operationalizing it.
When you engage Enderassey, this is who does the work. No leverage model, no junior staff learning on your engagement.
The math
A single successful account takeover routinely costs more than the program that stops it.
The first conversation is free and confidential, and useful whether or not we work together.