DEVENDRA BAGREE

• Driving global audit practices and audit strategy for GBS (service delivery GCC) in close collaboration with COO team
• Leading teams in Poland and India with a total of 60+ team members
• Part of India leadership team (LT) and Group LT.
• Recognized as successful leader within the organization. Instrumental in setting up Global Business Service function for audit in India (service delivery GCC).
• Experience in leading teams, resource management and stakeholder management with demonstrated ability to interact with people at all levels including, Board Members and Governance Committees.
• Influenced significantly use of data analytics in audits resulting in meaningful and impactful results. Examples include balance sheet substantiation tool, Term deposit tool, NPA monitoring and stale and missing price analysis.
• Fostered culture of continuous improvement within internal audit by regularly reviewing methodologies, tools, and approaches for potential enhancements.
• Mentored junior auditors in career development activities, nurturing future leaders within audit and second line functions.
• Established strong relationships with senior management, promoting open communication and collaboration on audit findings and recommendations.
• Presented audit findings and recommendations to Board of Directors, demonstrating clear communication skills and ability to influence decision-making at highest levels.
• Conducted thorough investigations into reported instances of fraud or misconduct, maintaining high ethical standards. throughout the process.
• Implemented best practices in internal auditing by staying current on industry trends and emerging issues through ongoing professional development activities.
• Streamlined audit reporting for improved efficiency and clarity, ensuring timely communication of findings to stakeholders.
• Adaptable and proficient in learning new concepts quickly and efficiently.

• Worked within Internal Audit (Capital markets, Enterprise Risk, Finance, Operations) and second line
• Recognized as a successful leader
• Core member of the team instrumental in setting up Global Business Service function for audit in India (service delivery GCC).
• Lead and managed global audits within Capital markets finance and Regulatory reporting.
• Capital Markets/ Securities: Enhanced trading controls project, cancels and corrects, independent pricing, remote desk supervision and entitlement management.
• Payments and settlements; Broker concentration analysis using data analytics; Governance process around supervisory tasks by trading desks and actions from desk risk management reports; Derivatives confirmation process globally for all asset classes; collateral management.
• Part of the team to review acquisition of an ETF (Benchmark) into Goldman Sachs.
• PC-VC: Position Reconciliation reviews between Product Control, Risk Booking systems and Risk management systems. Review of Daily P&L controls, Valuation and Control including pricing (stale) and limit breach analysis.
• Liquidity Risk: Liquid buffer management process globally and LCR ratios
• Market Risk: Market Risk VaR back testing per regulatory guidelines, Market Risk Reporting and Limit Monitoring. Risk Reporting including BCBS 239 coverage.
• Assisted in designing effective monitoring systems that provided early warning signals for potential areas of concern or vulnerability within operations.
• Enhanced internal audit processes by implementing risk-based auditing strategies and methodologies.
• Collaborated with C-level executives and stakeholders to develop long-term financial plans.

Completed required training while pursing professional qualification as a Chartered Accountant (post graduation)

• Analyzed trends in financial data to investigate fluctuations.
• Maintained professional knowledge by attending workshops annually.
• Analyzed accounting systems for efficiency and effectiveness.
• Produced and reviewed audit reports for submission to inspector general and advised on audit recommendations and internal controls.
• Identified various risks and errors to propose corrective action to decision makers.
• Handled planning and budgeting for audit engagements.
• Optimized resource allocation for future audits through development of detailed audit plans and schedules.

• Spearheaded process improvement initiatives that increased operational efficiency while maintaining high-quality output standards.
• Established strong relationships with key stakeholders, facilitating effective communication across departments and teams.
• Conducted product demonstrations to highlight features and redirect objections to positive aspects.
• Developed strong client relationships through timely and thorough follow-up on inquiries and concerns.
• Provided product price information to customers.
• Streamlined inventory management processes, reducing waste and ensuring optimal stock levels were maintained.
• Successfully negotiated contracts with vendors, securing favorable terms