Anurag Rai
Bangalore
Summary
Experienced internal audit and risk management professional with a strong background in ITGC, SOX compliance, and agile audit practices. Proven track record in driving process improvements, automating controls, and enhancing fraud risk management. Skilled in stakeholder engagement, data analytics, and delivering high-quality audit outcomes aligned with strategic goals.
Overview
8
8
years of professional experience
1
1
Certification
Work History
Senior Auditor
Allstate India Private Limited
Bangalore
06.2023 - Current
- Led the adoption of Agile audit methodology as Scrum Master for pilot audits, driving a 20% reduction in audit cycle time, expanding coverage by 15%, and boosting stakeholder satisfaction by 30% through improved collaboration and transparency.
- Led and managed end-to-end audits across diverse domains, such as insurance claims, HR, outsourcing, and IT, ensuring compliance with internal controls and regulatory standards. Successfully supervised 2–3 auditors per project, and collaborated with external auditors to meet SOX compliance deadlines.
- Executed risk-based IT and cybersecurity audits, identifying critical vulnerabilities, and implementing mitigation plans that reduced organizational risk exposure by 25%. Contributed to BCP/DR initiatives and improved sensitive data protection through targeted control assessments.
- Enhanced audit quality and efficiency by optimizing documentation practices, integrating RCA methodologies, and applying data analytics to detect fraud—leading to a 15% reduction in asset-related financial losses, and a 10% improvement in QAIP scores.
Risk Specialist
Amazon
Bangalore
07.2021 - 05.2023
- Delivered risk assurance and fraud mitigation by leading deep-dive investigations on suspicious money movement activities, conducting root cause analysis, and recommending risk reduction strategies for new market launches.
- Strengthened compliance and IT controls by supporting SOX adherence, performing ITGC and internal control reviews, and contributing to the development and testing of control measures aligned with internal policies and regulatory standards.
- Drove process automation and team development, mentoring peers, producing high-quality documentation, and automating manual tasks using VBA and AWS tools—resulting in a 270-hour weekly effort reduction and substantial cost savings.
Senior Risk Analyst
Amazon
Bangalore
10.2019 - 06.2021
- Led IT risk assessments, controls testing, and high-risk investigations within Amazon Payment Services, enhancing fraud detection and due diligence through advanced analytics, while ensuring compliance with global risk management and governance standards.
- Streamlined KYC and risk management processes by automating workflows, reducing handle time by 50%, and collaborating with control owners, auditors, and stakeholders to strengthen compliance and deliver measurable cost savings.
Risk Analyst
Amazon
Bangalore
09.2017 - 09.2019
- Reviewed high-risk transactions for compliance risks, ensuring adherence to internal controls and regulatory requirements.
- Collaborated with IT and compliance teams to develop and implement IT control frameworks, enhancing fraud prevention measures and improving process management efficiency.
Education
Bachelor of Technology - Electronics and Communication Engineering
AKTU University
Lucknow, India08.2017
Skills
- Internal Audit
- Agile Audit (Scrum Master)
- SOX and ITGC compliance
- Process Automation (VBA, AWS)
- Cybersecurity and Fraud Risk
- Data analytics
- Stakeholder management
- Lean Six Sigma (Green Belt)
Websites
Certification
- Lean Six Sigma Green Belt Certification, KPMG, 10/01/21, DL112021334
- Certified Sarbanes Oxley Expert (CSOE), 12/01/23
- Pursuing Certified Information Systems Auditor (CISA)
Awards
- Received multiple 'Be Bold' and 'Collective Success' awards for leading department-wide seminars and trainings.
- Problem Solver Award (2023) for significant automation improvements.
- Kaizen Award (2022-23) for continuous improvement in programs and processes.
- Multiple performance awards including Crest Award, Cause for Applause Award, and Employee of the Quarter (Q4 2023).
Timeline
Senior Auditor
Allstate India Private Limited
06.2023 - Current
Risk Specialist
Amazon
07.2021 - 05.2023
Senior Risk Analyst
Amazon
10.2019 - 06.2021
Risk Analyst
Amazon
09.2017 - 09.2019
Bachelor of Technology - Electronics and Communication Engineering
AKTU University
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