Gaurav Panwar
Risk management professional
Faridabad,Haryana
Summary
Result driven and highly skilled risk management professional with over 8+ years of work experience in developing and implementing robust risk management strategies. Demonstrated expertise in identifying, assessing, and mitigating risk to optimize organizational performance to ensure compliance with the regulatory standards.
Overview
9
9
years of professional experience
Work History
Assistant manager- Risk Management Team
KPMG Global
06.2022 - Current
- Conducted in-depth risk assessments and analysis to identify, assess, and mitigate risks associated with business operations
- Assist management in ensuring compliance with different business policies by performing conformance reviews and preparing a detailed report on the same.
- Manage and perform monthly data management reviews for colleagues to adhere with organizational data management policy
- Contributed to the preparation of risk management reports and presentations for executive management and board meetings, highlighting key risk issues and mitigation efforts
- Established and maintained key risk indicators and risk dashboards to monitor risk levels and trends, provide incident management reporting to business identifying type of incident and root cause, providing regular updates to executive management
- Implementing and enforcing policies through timely follow-up for renewals and updates
- Managing queries from compliance account holders on technical aspect, reviewing and approving service requests related to whitelisting, external email access and Teams recording in accordance with the organizational policy
- Preparation of detailed monthly report on training defaults for all business functions and communication of the same to respective unit heads
- Developed and delivered risk management training programs and workshops to enhance risk awareness and build a culture of proactive risk management and compliance.
Senior Analyst - Internal Audit
Xceedance India Pvt. Ltd.
12.2021 - 06.2022
- Develop audit scope, performing audit of different processes in consultation with senior business management
- Test of design, test of operating effectiveness, documenting the work papers and test results
- E.g., policy audits, material premium review, testing as per RCM, Claims audit for different regions
- SOP review
- Discovered root cause and identified appropriate solution for failed controls, prepared remediation action plan and performed remediation testing
- Review of internal financial controls
- Audit of foreign excise tax compliance requirements for US clients.
Assistant Manager - Internal Audit
IFFCO Tokio General Insurance Co Ltd
02.2016 - 11.2021
- Performing strategic business units audit in consultation with senior management
- To ensure statutory compliance in respect of notification and circular issued by IRDA, SECTION 64VB of Insurance act 1938, AML (KYC) guidelines etc
- Follow-up on assigned tasks within deadlines and reporting results to the senior management
- Audit of Claims process
- Audit of third-party administrator for health claims process, payments, service level agreements, BRS etc
- Follow up w.r.t open audit points and preparation of closure reports.
Education
Bachelor of Commerce -
Maharshi Dayanand University
CA intermediate -
Institute of Chartered Accountants of India
04.2014
Skills
- Enterprise risk management
- Strategic planning and decision making
- Risk assessment and analysis
- Communication and interpersonal skills
- Internal Audit
- Regulatory compliance
- Change management
- Leadership and team management
- SOX, IFC
- Problem solving, Decision making
Languages
English
Hindi
Timeline
Assistant manager- Risk Management Team
KPMG Global
06.2022 - Current
Senior Analyst - Internal Audit
Xceedance India Pvt. Ltd.
12.2021 - 06.2022
Assistant Manager - Internal Audit
IFFCO Tokio General Insurance Co Ltd
02.2016 - 11.2021
Bachelor of Commerce -
Maharshi Dayanand University
CA intermediate -
Institute of Chartered Accountants of India
Personal Information
- Date of Birth: 08/23/91
- Nationality: Indian
Custom
Chartered Accountant internship, Ashok Nanda and associates, Delhi, April 2010 to April 2013 as a Chartered accountant intern position, embarked on a comprehensive and firsthand training program under the guidance of experienced professionals in the field of accounting, taxation, auditing, and finance.
Custom
I like to strum my guitar in the free time and playing badminton on weekends.
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