Summary
Overview
Work History
Education
Skills
Languages
Personal Information
Extracurricular Activities
Personal Qualities
Timeline
Generic
Rutika Shah

Rutika Shah

Mumbai

Summary

Seeking a challenging position in the field of auditing, I strive for excellence with a positive attitude and effective communication, which will not only enable optimum utilization of my skills for achieving organizational goals, but also provide personal growth opportunities, because I believe that still is stale.

Overview

13
13
years of professional experience

Work History

Associate Vice President

HDFC Bank
09.2025 - Current
  • Team leader- Staff Personal and Housing Loan audit – Review of regulatory requirements for Staff loans and Bank Policy.
  • Review of entitlements viz a viz disbursements.
  • Detailed review of system logic built and sustenance testing of the controls envisaged in the policy.
  • Process review for gaps and suggestions for enhanced controls and automation.
  • Currently working with HDFC bank, largest private sector lenders in India in the Internal Audit department.

Executive

B.S. Verdia & Associates
12.2016 - 09.2017
  • Internal Audit of Reliance Telecom Limited – Mumbai Circle.

Associate Vice President

Kotak Mahindra Bank
09.2017 - 08.2017
  • Team Supervisor- Government Business audit – Review of Government scheme mandates with bank in line with process and policies.
  • Detailed review of Product team activities and Operational activities in line with RBI guidelines.
  • Products covered were PFMS, NHAI, ESIC, EPFO, NTRP, State taxes, etc.
  • Business loan department review- Operational review along with Product and policies of Business loan granted.
  • Review of system logic for loan through net banking channels.
  • Digital payments audit- Reviewed payment aggregator agreements, transaction processing, policies and RBI regulation related to the accounts.
  • Review of commission rates charged as per the MCC code and in line with agreement.
  • SWIFT Review- Conducting extensive process and operational audit of Swift system for the whole bank along with user access, system, manual swifts and compliance to various RBI guidelines for the same.
  • Cash Management Services –Collection Products Ensuring compliance with regulatory guidelines, review of risks and controls in place and processes followed for IPO, Direct- Indirect taxes, cash and cheque pick ups and vendor billings.
  • Master setup in system for all CMS products - operational and framework review.
  • Nodal Accounts review:- Review of onboarding, system setup, transactions, beneficiary/ merchant additions for Nodal accounts.
  • Review of regulatory compliance and quarterly certificate to be issue to RBI.
  • Cash Management Services- Master setup for all customers (NetIT) review: Review compliance and completeness to internal policies and processes.
  • Comment on existence and effectiveness of internal controls for transaction processing.
  • Identify opportunities for control improvements via RCSA.
  • I was associated with Kotak Mahindra Bank, one of the top private sector lenders in India in the Internal Audit Department for 8 years.

Articled Assistant

Devdhar, Joglekar and Srinivasan Chartered Accountants
08.2012 - 10.2015
  • Prepared Monthly Treasury Audit for DBS Bank, UCO Bank, Saraswat Co-operative Bank, etc.
  • Handled Regulatory Returns Audit for Arab Bangladesh Bank and DBS Bank.
  • Trade Finance audit at DBS Bank.
  • Branch audit for DCB Bank.
  • Stock Audit of 'Waman Hari Pethe & Sons' branch at Pune.
  • Debit card, Credit card and ATM Audit, Special KYC audit at Ratnakar Bank ltd.

Education

Professional Qualifications

Skills

  • Microsoft Office
  • MS Excel
  • MS Word
  • MS PowerPoint
  • IDEA (Initial training)
  • Power BI (initial training)

Languages

  • Hindi
  • Gujarati
  • Marathi
  • English

Personal Information

  • Date of birth: 13 November 1993
  • Marital status: married

Extracurricular Activities

Associated with Shrimad Rajchandra Mission Dharampur, which has been the highest fund-raising NGO for the past seven years at the Mumbai Marathon for its social causes Honorary services as teacher in Shrimad Rajchandra Divinetouch, providing value-based education to kids and teenagers.

Personal Qualities

  • Result oriented and work well under pressure.
  • Congenial & proactive interpersonal relationship with peers, Subbordinates & Seniors.
  • Good communication and collaboration skills.
  • Approachable with an optimistic attitude.

Timeline

Associate Vice President

HDFC Bank
09.2025 - Current

Associate Vice President

Kotak Mahindra Bank
09.2017 - 08.2017

Executive

B.S. Verdia & Associates
12.2016 - 09.2017

Articled Assistant

Devdhar, Joglekar and Srinivasan Chartered Accountants
08.2012 - 10.2015

Professional Qualifications
Rutika Shah