Mohit Sharma

• Lead the Compliance Function and Management Committee Member responsible for establishing a robust compliance culture, governance framework, and regulatory risk management aligned with RBI, IRDAI, MCA, TRAI, and BMW Group global policies.
• Primary Regulatory Interface, holding authority to directly engage with the RBI, IRDAI, TRAI, MCA, tax authorities, ED, EOW, Police, lawyers, and other regulators; representing the company in inspections, regulatory forums, industry bodies, and supervisory discussions.
• Strategic Compliance Steward overseeing regulatory change management, impact assessments, AML/CTF obligations (as MLRO), data privacy, information protection, anti-fraud, and anti-trust programs.
• Approver for projects, products, and processes, empowered to reject proposals posing compliance risks; member of the Product Portfolio Committee, ensuring full regulatory adherence.
• Governance, Reporting, & Oversight Lead, accountable for annual compliance plans, monitoring programs, board-level reporting, regulatory submissions, and steering of Compliance, Audit Committee, and risk governance forums.
• Head of the Independent Compliance Team, driving compliance training, policy frameworks, special investigations, cultural embedding of compliance values, and continuous enhancement of the organization's compliance maturity model.

• Lead the independent internal audit function, developing and executing a risk-based annual audit plan covering all operations, regulatory areas, and critical business processes.
• Evaluate the effectiveness of internal controls, governance frameworks, financial reporting accuracy, and compliance with RBI/NBFC regulatory requirements; recommend corrective actions.
• Present audit findings, risk insights, and control gaps to the Audit Committee, Board, and Senior Management, driving timely remediation and strengthening of the control environment.
• Oversee regulatory, statutory audits, IT and cybersecurity audits, functional audits, forensic reviews, and special investigations to identify fraud, operational risks, and process deficiencies.
• Provide strategic assurance and advisory support on emerging risks, regulatory changes, process improvements, and internal control enhancements across the organization.

• Established the Internal Audit and Internal Control frameworks from the ground up, designing governance structures, policies, audit methodologies, and risk-based audit plans aligned with RBI NBFC Master Directions.
• Built and led the independent Internal Audit function, executing audits across business, operations, credit, collections, finance, IT, and compliance to strengthen the control and risk environment.
• Designed and implemented the Internal Control System (ICS) , including process mapping, control testing frameworks, SOP development, and ongoing monitoring mechanisms.
• Reported key audit findings, control gaps, and emerging risks to the Audit Committee and Board, driving corrective action plans, and strengthening overall corporate governance.
• Led special audits, forensic investigations, and root‑cause analyses, ensuring robust fraud prevention, regulatory compliance, and continuous improvement in operational resilience.

Brief family care break to support my mother's medical recovery; I returned fully ready to re-engage in leadership responsibilities.

• Responsible for internal audits of retail assets (customer loans) and retail liabilities (branch banking) for the bank.
• Involved in the formulation of the internal audit plan for the region.
• Obtaining compliance and business clearance for audit reports from the head office.
• Preparation of the management reporting for the Audit Committee.
• Responsible for money laundering and internal fraud investigations.

• Handling SOX audits for the division and preparation of SOX review reports.
• Performing Test of Design (TOD) and Test of Operating Effectiveness (TOE) for the selected modules in SAP and internal controls.
• Planning, budgeting, and forecasting, obtaining approvals for the projects.
• Preparation of the financial bids/tenders, including contract negotiations.

• Handling Internal Audits, Statutory Audits.
• Handling of the individual and corporate tax returns.