Bhavik Bhansali
Mumbai
Summary
Strategic Director known for high productivity and efficient task completion. Specialize in operational strategy, team leadership, and financial oversight. Excel in communication, problem-solving, automation and adaptability, ensuring effective team collaboration and project success.
Overview
8
8
years of professional experience
1
1
Certification
Work History
Director
Morgan Stanley Advantage Services Pvt Ltd
Mumbai
01.2024 - Current
- Leading the India chapter for SOX 302/404 Certification and Large Financial Institutions (LFI) Compliance Audit team with an overall team size of 9 members.
- Playing a key role in the end-to-end Audit process by leading and managing Qualitative & Quantitative scoping, walkthrough, process understanding, control testing (ToC, ToD, interim, ToE, Substantive), Conclusion and year-end Memo.
- Identifying and communicating deficiencies, issues and control failures identified during analysis and communicating it to management and stakeholders by charting out a remediation plan for closure.
- Representing the team for overall audit updates on global touchpoint meetings with management globally
- Conducting training sessions for global SOX/LFI teams for preparing and maintaining appropriate audit documentation and updating on firmwide audit platform.
- Manage and lead SOX Data Analytics team of Automation experts focused on understanding problem statements and developing effective solutions.
Senior Associate
Morgan Stanley Advantage Services Pvt Ltd
Mumbai
01.2020 - 12.2023
- Lead an idea of standardizing control environment by establishing a structured control language and creating a control library (CILA) which helped in understandingrisk and controls to stakeholders.
- Automated SOX kickoff memos, walkthrough templates, year end memos using available resources which saved 45 hours on an annual basis.
- Conducted detailed reviews and analyzed complex financial data for critical Wealth & Investment Management areas.
- Maintained positive working relationship with stakeholders, risk leads and senior management which effectively helped achieve the required objectives.
Analyst
Morgan Stanley Advantage Services Pvt Ltd
Mumbai
06.2017 - 12.2019
- Assisted in preparing SOX audit plans based on established objectives and accounting standards.
- Participated in special projects related to due diligence investigations of EUC's as required.
- Prepared detailed audit workpapers by performing a thorough study of policies and procedures for review by senior auditors.
- Maintained open communication with external auditors regarding coordination of audits and sample selections.
Senior Financial Planner
Financial Hospital
Mumbai
05.2016 - 07.2016
- Developed comprehensive financial plans for high net-worth clients, including cash flow analysis, retirement planning and investment strategies.
- Created customized portfolios based on client risk tolerance and long-term goals.
- Attended professional conferences and seminars conducted by experienced Finance professionals and networked with peers across the Industry.
- Successfully generated 10 new HNI clients worth 5 Cr AUM in a span of 2 months which was the highest amongst the interns.
Education
Cleared CFA Level 1 -
CFA Institute [2020]
Master in Management Studies [CGPA 8.48/10] - Finance
KJ Somaiya Institute of Management Studies [2017]
Bachelor of Engineering [70.00%] - EXTC
Sardar Patel Institute of Technology [2015]
HSC [86.00%] -
A.A.V. Patel Jr. College [2011]
SSC [92.46%] -
St. Johns. The Evangelist High School [2009]
Skills
- Financial Reporting
- Strategic Planning
- People Management
- Data Analytics
- Ability to Multitask
- Cross-functional team leadership
- Advanced Knowledge of MS Office
- Intermediate knowledge of Alteryx, Tableau, UiPath, C, Java, Python
Date of Birth
- 15th December 1993
Certification
- Certified Alteryx License Holder in Morgan Stanley since 2021
Languages
English
First Language
Hindi
Proficient (C2)
C2
Gujarati
Proficient (C2)
C2
Marathi
Intermediate (B1)
B1
Accomplishments
- Achieved 7 awards across various core values of the firm within 7 years [2017-2024] specifically contributing to Automation, Leading with exceptional ideas, Giving Back value and Diversity & Inclusion.
- Achieved 'Data Champion' tag in 2020 for delivering innovative solutions by understanding problem statements across Wealth & Investment Management
- Selected as a top individual performer at Morgan Stanley to address MMS Finance [2017-2019] batch for sharing experiences and providing mentorship to students at KJ Somaiya Institute.
- Winner of 'Business Tantra' , a National Level Strategy Competition held at Nirma University [2017]
- 2nd Runner up in 'Texas Instruments Innovation Challenge' at Sardar Patel Institute [2013]
Interests/Hobbies
- Community Leader at ‘Karuna Foundation’, a registered Non-profit Organization, aimed at improving the life of the underprivileged [Present-2010]
- Selected as the Youngest Committee Member in the 'Bhansali Community' group catering to 1000+ people for organizing events on a quarterly basis
- Interested in pursuing various Adventure sports (Completed Underwater sea walking in 2023 and Skydiving in 2024)
- Keen lover of Playing Cricket and solving Sudoku
Timeline
Director
Morgan Stanley Advantage Services Pvt Ltd
01.2024 - Current
Senior Associate
Morgan Stanley Advantage Services Pvt Ltd
01.2020 - 12.2023
Analyst
Morgan Stanley Advantage Services Pvt Ltd
06.2017 - 12.2019
Senior Financial Planner
Financial Hospital
05.2016 - 07.2016
Cleared CFA Level 1 -
CFA Institute [2020]
Master in Management Studies [CGPA 8.48/10] - Finance
KJ Somaiya Institute of Management Studies [2017]
Bachelor of Engineering [70.00%] - EXTC
Sardar Patel Institute of Technology [2015]
HSC [86.00%] -
A.A.V. Patel Jr. College [2011]
SSC [92.46%] -
St. Johns. The Evangelist High School [2009]
- Certified Alteryx License Holder in Morgan Stanley since 2021
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