Prajwali Katty

A. IndusInd Bank Limited
Bank Statutory Audit Experience
1. Led and participated in annual statutory audits of bank branches, ensuring compliance with industry regulations and internal policies.

2. Analyzed financial statements, identified discrepancies, and recommended corrective actions to improve accuracy and financial reporting.

3. Prepared detailed audit reports outlining findings, recommendations, and potential areas for improvement to assist bank management in decision-making.

4. Retail Area :
Verified Consumer Financial Division (CFD) cases, including Personal Loan, Business Loan, Gold Loan, Loan Against Card Receivable, Loan against Property.
5. Corporate Area :
i. Worked extensively with Corporate Clients, Assessed internal controls and risk management procedures to enhance operational efficiency and minimize risk exposure.
specializing in Non-Performance Assets (NPA) assessment.
ii. Investigated Red Flagged Accounts/Fraud cases, contributing to identifying and mitigating potential risks.
iii. Conducted audits for Certificates, Long Form Audit Reports (LFAR)
iv. Analyzed Variance in General Ledger and Profit & Loss (GLPL). Played a key role in auditing Schedules and Notes to Accounts (NTA - Schedule 18), ensuring comprehensive financial reporting.

6. Branch Visits :
i. Conducted on-site visits to various bank branches, ensuring audit processes align with operational procedures.
ii. Collaborated with branch teams to address audit-related inquiries, enhancing communication and audit efficiency.
iii. Ensured branch activities aligned with regulatory requirements, contributing to a culture of compliance and risk mitigation.

B. SBM Bank
Standard Operating Procedures (SOP) Preparation and Process Enhancement
1. Led the development and documentation of Standard Operating Procedures (SOP) for various operational process within SBM Bank.

2. Collaborated closely and cross-functional team's to understand workflow intricacies and regulatory requirements.

3. Conduct comprehensive process reviews and gap analyses to identify areas for improvement and SOP implementation.