Deepak Modi
New Delhi
Summary
Dynamic Senior Associate with Blackrock Services India, adept at leading global audits and enhancing operational efficiency. Proficient in Tableau and MS Office, I excel in risk assessment and stakeholder engagement. My disciplined approach and team spirit drive successful outcomes, ensuring compliance and accuracy in high-pressure environments.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Senior Associate in Internal Audit
Blackrock Services India Private Limited
08.2022 - Current
- Lead or support global audits including performing detailed walkthroughs during planning stage and creating Risk Control Matrix (RCM) & process flows, conducting design and operating effectiveness testing of controls during fieldwork and drafting issues while in reporting stage.
- Prepare comprehensive audit report detailing audit findings and issue root cause analysis (Impact and probability).
- Perform risk assessment semi-annually for Auditable units assigned to me as primary owner by engaging with the process owners to understand any major updates such as organizational changes, regulatory updates, etc.
- Agree on Action plans with stakeholders and follow- up with process owners monthly to track status of open actionable items emerging out of audits and perform substantive testing before closure.
- Participate in various audit initiatives such as building tool tips to standardize audit documentation as well as assisting with post implementation testing of new enhancements / features prior to roll out.
- Well versed with AuditBoard (Optro) and Archer platforms to handle end to end audit lifecycle.
- Coach / mentor new joiners to help them resolve personal conflict and align individual goals with firm’s objective.
- Prepare responses for questions raised by regulators and quality assurance team during QA review of IA work papers.
- Extract data from Tableau and other internal applications to build dashboards in conjunction with Data Analytics team to perform testing.
- Prepare process flow and process narratives based on business walkthroughs.
Associate in Corporate Actions
Blackrock Services India Private Limited
08.2015 - 08.2022
- Managed end-to-end corporate action lifecycle, ensuring accurate processing and settlement of entitlements.
- Executed asset and cash reconciliation for Corporate Action Center entitlements.
- Coordinated with custodians and prime brokers regarding entitlements and holdings.
- Logged into custodian and prime broker portals to download reports on entitlements and holdings.
- Reconciled Corporate Action Center postings accurately to prevent trading errors for portfolio managers.
- Allocated daily business-as-usual tasks effectively among team members.
- Oversaw high-volume periods with strict adherence to error-free standards.
- Trained new joiners and cross-trained team members to enhance operational efficiency.
Senior Process Associate
Tata Consultancy Services
01.2013 - 07.2015
- Monitored security positions in client portfolios to ensure timely application of corporate reorganization events.
- Interpreted reorganization notices, calculated share impacts, and communicated selection options to portfolio management staff.
- Conducted final checklist for all daily processed corporate actions.
- Prepared reports on processed corporate actions and distributed them to end clients.
- Utilized Geneva 6.2 & 8.0, XSP EDI TK, Bloomberg, and IDC for processing corporate action events.
- Collaborated with SMF and trade processing teams to resolve issues raised by fund accountants regarding security setups.
- Streamlined processes to enhance team expertise in corporate actions.
- Adopted proactive measures to maintain accuracy in operations.
Senior Process Associate
Tata Consultancy Services
09.2011 - 01.2013
- Managed separately managed accounts for HNI clients, ensuring compliance and operational efficiency.
- Oversaw account opening, fund matching, and imposed restrictions on tickers and CUSIPs.
- Processed withdrawals, contributions, and managed account validations using APL and Vestmark software.
- Coordinated with internal departments to enhance daily operational workflows.
- Generated performance reports for various portfolios and analyzed trends in performance data.
- Prepared monthly equity fund reports alongside weekly performance reports for comprehensive analysis.
- Collaborated with reconciliation teams to ensure all accounts reconciled prior to trading activities.
- Reviewed client contracts to assess risk tolerance, competency, and portfolio suitability.
Education
MBA - Marketing and HR
Devi Ahilya Vishwavidyalaya (DAVV)
Indore01-2011
Bachelor of Science - Bioinformatics, Biotechnology and Computer Science
Devi Ahilya Vishwavidyalaya (DAVV)
Indore01-2008
HSC - Physics, Chemistry and Biology
Smt. Kamla Saklecha Gyan Mandir
Bhanpura01-2005
SSC -
Smt. Kamla Saklecha Gyan Mandir
Bhanpura01-2003
Skills
- Proficient with the use of MS Office (MS Word, MS Excel, MS Visio, MS PowerPoint)
- Well versed with Analytical Software such as Tableau and Power BI
- Working knowledge of AI tools and agents
- I am determined, courageous, single-minded, and disciplined
- I am career oriented & team spirit is the key to my success
Areas Of Interest
- I like to handle complex cases and issues which no one likes to handle in my team as I am detailed in investigation and quick in identifying issues along with quick resolution
- Handling and participating in social events, managing and organizing events like fun Fridays
- Team building and always stay connected with team members to overcome conflicts
- Giving everyone fair opportunity to develop skills and grow as a team in organization
Personal Information
- Passport Number: Yes
- Father's Name: Omprakash Modi
- Date of Birth: 09/08/87
- Marital Status: Married
Hobbies and Interests
- Listening music
- Traveling
- Watching movies
Languages
Hindi
Native
Native
English
Proficient (C2)
C2
Certification
- Optro Certified Optro AI Professional
- Effective Communication Skills - O'Reilly Media
- Optro Certified OpsAudit Team Member
- Member of Institute of Internal Auditors India Delhi Chapter
- Pursuing CIA 1 - Gleim
Timeline
Senior Associate in Internal Audit
Blackrock Services India Private Limited
08.2022 - Current
Associate in Corporate Actions
Blackrock Services India Private Limited
08.2015 - 08.2022
Senior Process Associate
Tata Consultancy Services
01.2013 - 07.2015
Senior Process Associate
Tata Consultancy Services
09.2011 - 01.2013
MBA - Marketing and HR
Devi Ahilya Vishwavidyalaya (DAVV)
Bachelor of Science - Bioinformatics, Biotechnology and Computer Science
Devi Ahilya Vishwavidyalaya (DAVV)
HSC - Physics, Chemistry and Biology
Smt. Kamla Saklecha Gyan Mandir
SSC -
Smt. Kamla Saklecha Gyan Mandir