AVP - Enterprise Risk Management - BFSI

- Responsible for managing, co-ordinating and facilitating each assigned audit(internal and concurrent).

- Managing various internal audits like Fund accounting & Compliance, Portfolio Management Services, Alternate Investment Funds, Branch audits, Registrar & Transfer Agent audits etc.

- Identifying weaknesses in internal controls, designing and developing mitigating controls for the identified weakness.

- Prepared reports on results of audits and made recommendations for controls and operational improvements to management.

- Responsible for handling and co-ordinating with SEBI auditors as part of yearly SEBIinspections.

- Designing audit scope for Internal audit of mutual fund schemes and Asset Management Company separately after deliberating with various stake owners.

- Designing the Risk Bank for various processes as part of robust Enterprise (Operational) Risk Management practices after discussion with various process owners.

- Formalizing the half yearly Risk Control Self -Assessment (RCSA) based on the initial Risk bank created to re-assess all the risks & controls along with their risk ratings (Risk Rating = Impact X Likelihood), both at Inherent level & Residual Level.

- Designing and implementing a checklist for verification of vendors at the time of on-boarding by respective departments based on various parameters w.r.t. Incorporation, Financial position, Compliances, Corporate Governance etc. for the implementation of a robust outsourcing risk management framework across organization.