Shraddha Khiya
Mumbai
Summary
Audit Expert with over 12 years of experience and background in Internal and External Auditing, Operational Risk management and Regulatory Compliance.
Proficiency in conducting global process audits, Internal control testing, annual risk assessments, comprehensive, independent process audits to evaluate the effectiveness of controls and processes, and enhance the quality of business processes.
Adept at leading/coordinating non-SOX audits, assessing the level of risk and issues, and risk advisory services spanning financial, operational, compliance, strategic and emerging risks.
Detail-oriented, critical thinker, strong analytical, problem-solving skills, with ability to influence decisions and outcomes.
Overview
19
19
years of professional experience
Work History
Associate Director
UBS
07.2019 - Current
- As an integral member of the Group Internal Audit Team, performed Global Process Audits & Annual Risk Assessments, identified non-conformities of regulatory issues, and adherence to region specific compliance guidelines
- Worked in the Group Corporate Services audit team and covered audits such as Third-Party Risk Management, Operations, Business Continuity Planning and supported IT audits, Investment Banking (IB) and Asset Management (AM) audits
- Worked closely with key stakeholders worldwide and performed audits across geographies, including the Americas
- As part of the Issue Assurance (Issue Validation) team independently performed Issue assurance reviews for the firm’s regulatory, self-identified and Audit Issues thereby assessing the issue requirements and opining on the overall issue remediation
- Identified gaps and successfully returned issue back to the Management
- Successfully closed regulatory issues (US, APAC and EMEA)
- Worked on multiple taxonomies covering Compliance risk, financial risk, and Operational risk to assess the issue remediation provided by the business
Manager – Internal Audit
CARE RATINGS LIMITED
11.2018 - 03.2019
- Performed comprehensive audits of debt ratings, bank loan ratings, corporate governance ratings, recovery ratings of non-performing assets, project finance ratings, etc
- Scrutinized standard operating procedure documents, and recommended continual improvements in internal and statutory controls based on audit observations shared with functional heads
- Created audit reports listing time-bound action plans for presentation to the supervisor(s)/head(s) concerned
Senior Consultant (Business Risk Management)
ANB GLOBAL
03.2016 - 10.2018
- Undertook operations/process audits and regulatory audits such as Research Audits and Half-Yearly Broking Audits for reputed Investment Banks and stock broking houses in the industry
- Facilitated the periodic conduct of internal audits through teams, and developed initial data requirements as per the audit scope, standard operating procedures & checklists for implementation
- Prepared audit reports and suggested policy/procedural improvements to the management based on key findings
- Achieved higher project outcomes by accurately maintaining/tracking records of project timelines and deliverables, managing confidential business correspondence, conducting quality assessments & reviews of audit reports before release by the senior management
- Validated and certified the procedural matters related to Securities and Exchange Board of India regulations, National Stock exchange (NSE)/ Bombay Stock Exchange (BSE) compliances, etc
Associate
ANEJA ASSOCIATES
11.2014 - 03.2016
- Conducted analysis of internal processes/procedures for a reputed Indian securities depository, and prepared risk registers after identifying risks, controls and risk mitigation plans adopted
- Tracked and reported Securities and Exchange Board of India (SEBI) broking and depository-related circulars
- Investigated process lapses, collated data through internal/external sources to support audit observations, and devised frameworks to strengthen/improve existing controls
- Employed/updated the Control Effectiveness Index to measure the overall control performance
- Curated Audit Committee presentations, documentation of departmental meetings, standard operating procedures, checklists, and templates for executing key business decisions
Deputy Manager
HDFC BANK
03.2014 - 06.2014
Manager – Accounts
MODI HYUNDAI MOTORS PRIVATE LIMITED
07.2013 - 12.2013
Assistant Manager – Surveillance
BOMBAY STOCK EXCHANGE
07.2012 - 05.2013
Articled Assistant
INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
01.2006 - 01.2009
Education
Chartered Accountant -
Institute of Chartered Accountants of India
01.2012
Bachelor of Commerce -
Mumbai University
Skills
- Process Audits
- Operational Risk Audits
- Broking Audits
- Research Audits
- Issue Assurance/Validation
- Risk Management
- Compliance Audits
- Bank Audits
Timeline
Associate Director
UBS
07.2019 - Current
Manager – Internal Audit
CARE RATINGS LIMITED
11.2018 - 03.2019
Senior Consultant (Business Risk Management)
ANB GLOBAL
03.2016 - 10.2018
Associate
ANEJA ASSOCIATES
11.2014 - 03.2016
Deputy Manager
HDFC BANK
03.2014 - 06.2014
Manager – Accounts
MODI HYUNDAI MOTORS PRIVATE LIMITED
07.2013 - 12.2013
Assistant Manager – Surveillance
BOMBAY STOCK EXCHANGE
07.2012 - 05.2013
Articled Assistant
INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
01.2006 - 01.2009
Chartered Accountant -
Institute of Chartered Accountants of India
Bachelor of Commerce -
Mumbai University
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