Deepu Thankachan

• Heading the the Internal Audit Function, supported by a team of 30 including Zonal & Regional Auditors
• Plan and perform risk-based Internal audits, understand and evaluate the business environment, related controls and processes
• Leveraging strong internal audit experience at the branch level and retail asset level
• Monitoring all reconciliations including Dealer reconciliation while supervising closely non-starters/first EMI bounce trends
• Overseeing and monitoring the implementation of the compliance program; corresponding with the regulators RBI, NHB, AML regulator etc
• Developing a high performing Internal Audit function involving frequent interactions with board of directors and senior management
• Establishing a robust Risk Management Framework and Risk based Audit Plan for all business functions (including branch & zone offices)
• Interacting with external auditors on matters relating to internal control, fraud investigations and corporate governance
• Updating the local management, Audit Committee on progress of audits, audit findings, and remediation status strengthening the corporate governance framework of the company by introducing the three lines of defense model
• Tracking Internal Audit KPIs on a quarterly basis and define action plans for continuous improvement of the audit function
• Executing tests to identify control weaknesses, document inefficiencies, and provide strategic recommendations to enhance business operations
• Instrumental in conceptualizing & developing strategic business solutions in areas of finance, operations and compliance
• Effectively managed and mitigated operational risks, both at HO and at branches, through regular reviews and reporting
• Achieved substantial cost savings by introducing innovative models like performing a risk assessment and then developing the annual audit plan that is aligned with company's strategy.

• Performed as a Regional Audit head for gold loan vertical. Handled multiple products like Gold loan, PL, Insurance, Money Transfer, Forex.
• Conceptualized & developed framework, model and policies related with Risk Management function
• Managed legal / compliance diligence for new customers/ vendors on boarding: KYC, Intelligence checks and AML verifications
• Group standards and local regulatory environment, identify breaches and suggest/ implement mitigation measures
• Imparting training to the Branch staff regarding the operational aspects as well as statutory compliance.

• Performed as a Regional Audit head for gold loan vertical. Handled multiple products like Gold loan, PL, Insurance, Money Transfer, Forex.

• Performed as a Regional Auditor for gold loan vertical. Handled multiple products like Gold loan, PL, Insurance, Money Transfer, Forex.

• Performed as a Regional Auditor for gold loan vertical. Handled multiple products like Gold loan, PL, Insurance, Money Transfer, Forex.