Ankit Jindal
Chartered Accountant
Jaipur
Summary
Highly skilled auditing professional with proven track record in identifying and mitigating financial risks. Known for delivering insightful audit reports and recommendations that enhance operational efficiency. Strong focus on team collaboration and achieving results, adaptable to changing needs, and reliable in execution. Expertise includes financial analysis, regulatory compliance, and risk management.
Overview
4
4
years of professional experience
5
5
Certifications
Work History
Manager-Internal Auditor
ICICI Bank
04.2025 - Current
- Conducted credit audits for clients with exposures up to $7.5 million, ensuring compliance with established credit policies and regulatory guidelines.
- Evaluated the creditworthiness of borrowers by scrutinizing financial statements, assessing repayment capacity, and validating risk grading models, resulting in a 15% reduction in loan defaults.
- Spearheaded the audit of the Insta OD (Instant Overdraft) digital lending product under the Pre-Approved and Pre-Qualified (PAPQ) portfolio, covering the end-to-end loan lifecycle from offer generation to disbursement.
- Evaluated and validated offer generation logic, eligibility criteria, and automated decision-making controls to ensure alignment with approved business rules and regulatory requirements.
- Assessed compliance with RBI Digital Lending Guidelines, including customer onboarding, consent management, disclosures, digital loan processing, and regulatory reporting requirements.
- Executed CGTMSE audit, performing data-driven testing to verify compliance with CGTMSE operational and regulatory guidelines. Reviewed loan accounts to ensure CGTMSE guarantee coverage, reporting accuracy, eligibility compliance, and adherence to scheme requirements.
- Audited the EasySign application, evaluating controls related to electronic document execution, digital authentication, and workflow integrity. Reviewed Aadhaar-based verification processes to ensure compliance with regulatory requirements, data security standards, and customer due diligence procedures.
- Prepared detailed audit reports, documented findings, performed root-cause analysis, and tracked corrective action plans. Also collaborated with business, operations, technology, and risk teams to strengthen governance frameworks
Articled Assistant
S.C Bapna & Associates
03.2022 - 03.2025
- Led a team of 7 in the Central Statutory Audit of Punjab National Bank (market cap: $14 billion, loans & advances: $1.3 billion), identifying a Memorandum of Change of approximately $60 million.
- Led a team of 3 in the Central Audit of Universal Sompo General Insurance (premium collection: $480 million), uncovering a $11.1 million misstatement in premium booking.
- Assisted in audit of Sanstar Limited (revenue: $120 million), ensuring proper application of IND AS 101 during conversion from AS to IND AS for DRHP filing process.
- Participated in the audit of Nuclear Corporation of India Ltd., applying IND AS 16, IND AS 23, and IND AS 115 in practical scenarios.
- Filed over 50 GSTR-9/9C returns with zero discrepancies during audit reviews, ensuring accurate and timely tax compliance.
- Resolved GST scrutiny notices totaling over $6,000, leveraging expertise in tax regulations and effectively communicating with tax authorities.
- Managed tax return filing for 50 clients, achieving 100% on-time submission record while implementing customized tax optimization strategies.
- Conducted tax audits under Section 44AB, including Form 3CD preparation & analysis, ensuring compliance with statutory requirements.
- Drafted replies to notices under Sections 143 and 147 for assessments & reassessment, demonstrating a thorough understanding of tax laws.
- Researched on demergers, including tax & legal implications of restructuring as per income tax Act 1961, providing valuable insights to clients.
Education
B.COM (A&F) - undefined
IGNOU
12-2024
CA -
ICAI
11-2024
Skills
- Financial Reporting
- Tax Compliance (Direct and Indirect)
- Auditing (Statutory/Internal Audit)
- IND AS
- Forecasting
- Credit Analysis
- Microsoft 365
- Data Analytics
- Risk Management
- Risk & Control Evaluation
- Audit planning
- Internal controls
Certification
Master Microsoft Power BI
Accomplishments
- Identified the exclusion of a ₹600 Mn lending portfolio from the RBI-mandated Early Warning Signal (EWS) monitoring framework, strengthening regulatory compliance and portfolio risk oversight.
- Detected a critical underwriting control failure that enabled loan disbursements in 12 cases despite applicant-bank statement name mismatches, exposing the portfolio to KYC and fraud risks.
- Uncovered a major CGTMSE compliance lapse involving non-creation of mandatory charge on primary assets, potentially impacting guarantee coverage and claim enforceability.
- Identified claim eligibility deficiencies affecting 10% of reviewed CGTMSE claim cases, where prohibited third-party personal guarantees resulted in claim rejection risks.
- Awarded Best Article of the Year – 2023 for excellence in analytical research and professional writing.
Timeline
Manager-Internal Auditor
ICICI Bank
04.2025 - Current
Articled Assistant
S.C Bapna & Associates
03.2022 - 03.2025
B.COM (A&F) - undefined
IGNOU
CA -
ICAI