MS Office 365
Dayanand Reddy
Risk And Internal Audit
Summary
S/o Sudharshan Reddy, Flat No 103, S R Enclave, HMT Swarnapuri, Miyapur, Hyderabad, 500049, TS. ________________________________________________________________________ Internal Audit and Risk Management Over 17 years' experience in internal audit and Risk Management ________________________________________________________________________ Career objective: To scale new heights in career and wish to be a part of an organization where can enrich and apply skills to the best extent and eventually play an important role in the growth of the organization.
Overview
22
22
years of professional experience
1
1
Language
Work History
Vice President Internal Audit
Svatantra Microfin Private Limited
04.2024 - Current
- Responsible for overall preparation and execution of a risk-based audit plan to assess, report on, and recommend improvements to the company's key operational and finance activities and testing of internal controls
- Maintain open communication with management and audit committee Document process and prepare audit findings memorandum Conduct follow up audits to monitor management's interventions
- Preparing the yearly audit plans and presenting the quarterly audit report with Audit committee.
- Periodically revising the Audit plan in light of changes in the needs of the organization law, policies and procedures.
- Handling PAN india profile in Field audit with the team of 350 employees.
-
Zonal Manager Risk (DVP-2)
Svatantra Microfin Private Limited
04.2023 - 03.2024
- Handling 290 branches in Bihar, Karnataka, Kerala, Odisha and Tamil Nadu (Earlier Maharashtra, Chhattisgarh, Madhya Pradesh, Gujarat and West Bengal also handled) with 65 team members (20 core team members)
- Develop and implement processes to assess and monitor the effectiveness of risk governance frameworks; adherence to standards as appropriate
- Represent Risk Management on policy initiatives impacting or governing risk governance and control
- Provide administrative and risk governance support for the Zonal and Regional teams
- Review existing Risk Management process ensuring coverage of all functions
- Ensuring significant coverage in Risk Identification and Assessment, process being followed for reporting to Audit Committee and Board ensuring both Operational Risk and Enterprise
- Audit planning and executing across all the branches with the existing resources, ensuring its timely completion; presenting the major audit and risk observations to the Management
- Training and Development of the Risk and audit team members
- Preparing and submitting the monthly MIS reports to management team
- Identifying the weakness and loopholes in the processors and policies and recommended for improvement
- Develop and maintain the working sheets for risk team, identifying and reporting the branches errors
- Reviewing the branch audit reports and releasing the branch grading before 7th of every month
- Filing the PAN India Fraud cases, Robbery and Snatching cases (FMR-1, FMR-3 and FMR-4 reports) to RBI as per the scheduled based and incident based
- Conducting special audits in Collection agencies in PAN India level once in 6 months and prepare the collection agencies audit reports and present to the Management (Pivotel, Synergy).
Zonal Manager Risk (DVP)
Svatantra Microfin Private Limited
04.2021 - 03.2023
Zonal Manager Risk (AVP)
Svatantra Microfin Private Limited
04.2019 - 03.2021
Zonal Manager Risk
Svatantra Microfin Private Limited
04.2018 - 03.2019
Regional Manager Risk
Svatantra Microfin Private Limited
6 2016 - 3 2018
State In Charge Internal Audit
Share Microfin Limited
06.2005 - 05.2016
- Surprise Visits at Center Meetings on FCA/BM/AM at Morning timings, in this verification of Passbooks with Collection sheets, cross check of client loan outstanding with pass books, NPS deposit amount, Attendance of clients, Behavior of Staff towards clients and business strength of clients and conducting personal interviews with clients regarding employee services issues
- Verification of insurance transactions, Death Claims and settlements of clients
- Performed review of accounting, payroll and purchasing records, searching for errors or fraud, provide accurate report to management
- Focused on risk management and internal control procedures
- Managing auditing projects, assigning staff to clients and overseeing projects to completion, complying with policies, procedures and standards at all times
- Assisting in the assessment and management of business and risk
- Measuring all financial operations including financial statements and expenses
- Introducing internal control mechanisms for various investments
- Suggesting improvement of audits, Design the audit program routines
- Collect financial data and analyze trends
- Completed regulatory, pre-implementation, and risk-based audits to achieve business objectives
- Follow up on fraud cases, continuous review of key business processes, products and policies and recommendation for process improvement to management team,
- Verification of Appraisals, Applications, Hypothecation forms with documents and KYC documents of clients and verification of approval procedures
- Coordination of all audit teams which are under Chhattisgarh
- Present I am handling 68 branches with 12 internal audit staff in Chhattisgarh.
Asst. Branch Manager
Share Microfin Limited
05.2002 - 05.2005
Education
MBA - Finance
C V Raman University
Bilaspur 04.2001 -
Skills
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Risk Management
Internal Audit
Team Handling
- MS-office - 365
Software
Timeline
Vice President Internal Audit
Svatantra Microfin Private Limited
04.2024 - Current
Zonal Manager Risk (DVP-2)
Svatantra Microfin Private Limited
04.2023 - 03.2024
Zonal Manager Risk (DVP)
Svatantra Microfin Private Limited
04.2021 - 03.2023
Zonal Manager Risk (AVP)
Svatantra Microfin Private Limited
04.2019 - 03.2021
Zonal Manager Risk
Svatantra Microfin Private Limited
04.2018 - 03.2019
State In Charge Internal Audit
Share Microfin Limited
06.2005 - 05.2016
Asst. Branch Manager
Share Microfin Limited
05.2002 - 05.2005
MBA - Finance
C V Raman University
04.2001 -
Regional Manager Risk
Svatantra Microfin Private Limited
6 2016 - 3 2018
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