RANIT MUKHERJEE
CMA
Howrah
Summary
CMA qualified finance professional with over 7 years of banking experience, specializing in Risk management, Internal audit, Branch operations. Strong analytical and risk assessment skills with a solid understanding of financial regulations, audit, compliance and credit processes, actively seeking opportunities in risk, audit and credit roles to leverage both practical experience and Cost Accountant expertise.
Overview
9
9
years of professional experience
Work History
Internal Audit
Slice
08.2025 - Current
- Conducted detailed credit audits of Loan Against Property (LAP) and Enterprise Development Loan portfolios to assess compliance with internal credit policies and RBI guidelines.
- Verified loan sanctioning processes, including credit appraisal notes, due diligence, CIBIL checks, financial statement analysis, and collateral valuation reports.
- Analysed borrower’s repayment capacity, financial health, and risk grading to identify potential stress accounts.
- Conducted comprehensive branch audits covering operational, financial, and regulatory compliance aspects.
- Collaborated with cross-functional teams to monitor the implementation of audit recommendations, significantly improving process efficiency, compliance levels, and risk mitigation.
- Performed branch operations audits, covering areas like cash management, account opening, clearing, Digital payment reconciliation, remittances, and vault operations.
- Assessed operational risk areas and recommended process improvements to strengthen internal controls and reduce operational lapses.
- Assessed loan processing, credit documentation, and post-disbursement monitoring for accuracy and compliance, investigated irregular transactions and potential fraud indicators, escalated findings with supporting evidence.
Risk Management
Bandhan Bank
03.2022 - 08.2025
- Assessed internal controls, operational processes, and documentation quality to identify risk exposures and compliance lapses.
- Conducted comprehensive Risk and Control Self-Assessments (RCSA), identifying key operational risks, assessing control effectiveness, and recommending remediation measures.
- Prepared reports summarizing key operational and fraud-risk insights for senior management, ensuring timely escalation of high-priority issues.
- Designed and implemented Standard Operating Procedures (SOPs) for operational and fraud risk processes, aligning them with regulatory expectations and internal control frameworks to strengthen the bank’s risk posture.
- Contributed to UAT for system enhancements, ensuring risk controls were effectively tested pre-deployment.
- Managed regulatory query responses to RBI and supported audit readiness for inspections.
- Identified key operational risks across branch and head-office processes, ensuring alignment with the bank’s risk-control framework.
- Led risk event tracking and root cause analysis to identify control failures and systemic issues.
- Involved in new project initiatives aimed at developing and enhancing processes within the Fraud Risk Management (FRM) application, including rule refinement and workflow optimization.
- Conducted training and awareness sessions on operational and fraud risk protocols.
Branch Operations
Axis Bank
11.2018 - 02.2022
- Conducted audit of the currency chest at Axis Bank, ensuring compliance with RBI guidelines and internal control standards.
- Conducted quality reviews of Risk-Based Audit Reports, validating audit observations, risk gradings, and ensuring proper compliance for timely closure of reports.
- Monitored high-risk accounts and transactions, red-flagging suspicious behaviour and reporting findings to senior audit managers.
- Ensured compliance with RBI, internal bank policies, and regulatory frameworks through detailed audits and reporting.
- Handled day-to-day cash transactions including deposits, withdrawals, fund transfers, cheque encashments, and DD/PO issuance with high accuracy.
- Assisting customers with account-related queries and service requests, promoting digital banking tools and products during customer interactions.
- Processing demand drafts, remittances, and other financial instruments, verifying customer identity, signatures, and transaction authenticity.
Trainee Accountant
Tapas Bhattacharya and Associates
01.2017 - 09.2017
- Financial Reporting and Accounting Experience.
- Completed comprehensive financial reports for management and stakeholders, ensuring clarity and accuracy in financial data.
- Monitored recorded company expenses, ensuring correct allocation to budget lines and adherence to financial guidelines.
- Conducted tax Computations and prepared tax returns, ensuring compliance with tax regulations and minimizing liabilities.
- Performed audits of financial transactions and documented findings, ensuring accuracy and compliance with government regulations.
- Undertook ‘hands-on’ audits of Hindustan Copper limited (Indian Copper Complex), including verification of Research and Development reports, physical material verification, preparation of final audit reports.
Education
Cost and Management Accountant -
Institute of Cost Accountants of India
02-2025
M.COM -
University of Calcutta
09-2017
B.COM(Hons) -
University of Calcutta
06-2015
Higher Secondary -
W.B.C.H.S.E
05-2012
Secondary -
W.B.B.S.E
04-2010
Skills
Risk based audit reporting & observations
Credit appraisal analysis & Documentation Review
Risk Identification & Reporting
Compliance verification across functional units
Proficiency in financial & Banking application (eg, Finacle, Bankiq, Falcon, Tally etc)
RCSA preparation & operational risk evaluation
Portfolio Monitoring & NPA Analysis
Branch Operations & Compliance Audit
KYC/AML verification & regulatory adherence
Drafting audit observations & recommendations
Policy & SOP Implementation
MIS Reporting and Dashboard Preparation
Advanced MS Excel
DECLARATION
I hereby declare that the information presented in this resume is true and accurate to the best of my knowledge. I assure you that my experience, skills and qualifications meet the requirements of the job and I am committed to make a positive contribution to your organization. Date: Signature
Timeline
Internal Audit
Slice
08.2025 - Current
Risk Management
Bandhan Bank
03.2022 - 08.2025
Branch Operations
Axis Bank
11.2018 - 02.2022
Trainee Accountant
Tapas Bhattacharya and Associates
01.2017 - 09.2017
Cost and Management Accountant -
Institute of Cost Accountants of India
M.COM -
University of Calcutta
B.COM(Hons) -
University of Calcutta
Higher Secondary -
W.B.C.H.S.E
Secondary -
W.B.B.S.E