Bhairav Somani

• Spearheaded enterprise risk identification by collaborating with Global Process Leads and Functional Process Owners to map key business risks.
• Designed and implemented master controls and process-specific controls to mitigate identified risks while ensuring compliance with organizational objectives.
• Utilized RSA Archer as central GRC platform for documenting, assessing, and monitoring control design and operational effectiveness.
• Developed comprehensive risk-control matrices to maintain visibility of controls across processes and geographies.
• Conducted periodic reviews and testing of controls to evaluate effectiveness and uncover improvement opportunities.
• Delivered data-driven reporting dashboards to stakeholders, enhancing decision-making and improving Operational Effectiveness scores.
• Supported continuous improvement in risk governance by aligning control frameworks with changing business processes and regulatory standards.

• Performed walkthroughs and effectiveness testing for internal audit team.
• Documented findings and results, ensuring accurate organization of collected evidence.

• Conducted SOX audits, including walkthroughs, Test of Design (ToD), and Test of Effectiveness (ToE), and documented results with supporting evidence.
• Performed risk assessments and designed risk-control frameworks across key business processes, recommending improvements in control efficiency and effectiveness.
• Executed internal audits and internal control reviews across areas like Order to Cash, Procure to Pay, Inventory, Logistics, Insurance, and MIS adequacy.
• Reviewed and tested controls as part of IFC (Internal Financial Controls) initiatives for taxation, fixed assets, and HR processes in a major infrastructure company.
• Supported third-party risk management by working with the QA team to assess vendor compliance with regulatory standards, contractual obligations, and SLA adherence.

Executed concurrent audits for banking and financial services clients, assessing fund-based and non-fund-based facilities like LC, BG, packing credit, and term loans.
Ensured compliance with sanction terms through detailed drawing power calculations and security perfection reviews.
Detected potential revenue leakages to improve overall client profitability.