Tarun Sharma
Lead Solution Advisor, Risk & Financial Advisory – Internal Audit, Risk Management, and Compliance Expertise.
Gurgaon,Haryana
Summary
Experienced Auditor with over 9+ years of expertise in risk and compliance, delivering high-quality solutions to clients across diverse industries. Demonstrated proficiency in audit methodologies, risk assessment frameworks, internal controls, and SOX compliance. Proven track record of identifying and mitigating risks, ensuring regulatory compliance, and enhancing operational efficiency. Collaborates with cross-functional teams to drive process improvements and implement best practices.
Overview
11
11
years of professional experience
Work History
Lead Solution Advisor- Risk & Financial Advisory
Deloitte- USI
Gurgaon
5 2022 - Current
- Lead and oversee risk management initiatives, including development and implementation of risk assessment frameworks, identification of key risks, and formulation of risk mitigation strategies.
- Conduct comprehensive internal audit reviews to assess effectiveness of internal controls, identify control gaps, and provide recommendations for improvement.
- Manage and execute SOX (Sarbanes-Oxley Act) compliance engagements, including scoping, risk assessment, control testing, and remediation assistance.
- Collaborate with cross-functional teams to ensure compliance with regulatory requirements, industry standards, and best practices, providing guidance on regulatory compliance matters.
- Leveraged industry knowledge to anticipate market trends and position company as thought leader in field.
- Established strong relationships with clients, fostering trust and long-term partnerships.
- Managed team of 5-6 solution advisors, providing guidance and mentorship for professional growth.
Internal Audit Manager
AU Small Finance Bank
Jaipur
06.2019 - 05.2022
- Performed audits for Compliance Department with focus on Transaction Monitoring, Regulatory Reporting, and STR and CTR Reporting.
- Performed risk-based audits of critical banking areas, including business process reviews of areas such as Credit Risk, Compliance, Operating Risk, Long-pending Suits, Complaint Management, unauthorized electronic transactions, Para-Banking activities, and Vigilance.
- Analyzed and tested regulations, as well as internal policies and procedures.
- Developed comprehensive audit plans to address identified risks, ensuring timely and effective execution.
- Performed root cause analyses on identified issues, providing actionable recommendations for long-term improvements in business practices.
- Executed, implemented, and tested operating effectiveness of Internal Financial Controls.
- Conducted reviews of Concurrent Auditors of bank for assisting them with effective closure of audit reports.
Assistant Manager Risk Management (AML, FIU)
Yes Bank Ltd
Mumbai
03.2019 - 06.2019
- Responsible for monitoring CASA, corporate, and salary accounts.
- Identifying transaction patterns of account holders, with perspective of unusual transactions.
- Reconciliation of account details with transactions completed by account holder.
- Preparing and filling STR for unusual transaction identified.
- Improved customer satisfaction by addressing and resolving complaints promptly.
Compliance Analyst
Travelex India Pvt Ltd
Mumbai
03.2016 - 02.2019
- Responsible for managing Compliance & Risk processes, including Corporate Transaction Monitoring and Retail Transaction Monitoring, by analyzing Anti Money Laundering (AML) and KYC guidelines for the UK and Europe Region.
- Conducted reviews of AML/KYC regulatory requirements for all clients, analyzing transactions that appear unusual based on customer profiles and information collected from public sources.
- Collected and documented data, including Suspicious Account Reporting (SAR), KYC information, and transaction data.
- Reviewed retail transactions for UK, US, Bahrain, and Hong Kong, identifying any unusual trends and transactions.
- Acted as central point of contact for Onshore Compliance, liaising with internal and external stakeholders across borders.
- Developed comprehensive training programs to ensure staff understanding of relevant regulations and policies.
Technical Support Executive
CRM Services Tele Performance
Jaipur
10.2014 - 03.2016
- Handled international queries calls for Microsoft, helping them in activating their Microsoft products, both personal and commercial.
- Delivered exceptional technical assistance through both phone channels while maintaining professionalism at all times.
- Assisted in development of standard operating procedures for technical support, resulting in improved team efficiency and consistency.
- Supervised technical support staff service operations with quality assurance.
- Conducted audits on customer satisfaction and quality analysis.
Unit Sales Manager
SBI Life Insurance Co Ltd
New Delhi
07.2012 - 09.2013
- Recruited and developed team of agents, and assisted them in generating business from given target market.
- Conducted training sessions for agents/advisors, preparing them for IRDA Exam, and providing comprehensive product training.
- Increased unit sales by implementing innovative marketing strategies and effective team management
- Received prestigious Executive Director Trophy for recruiting highest number of advisors and activating their agency in first quarter of 2013.
Education
MBA - Finance & Marketing
Jaipuria Institute of Management
Jaipur, India 04.2010 - 05.2012
Bachelor in Commerce - Accounting And Business Management
Christ Church College, CSJM University
Kanpur, India 04.2007 - 04.2010
Skills
Internal Audit
Sox Testing
Internal Finance Control (IFC)
Risk Management
Risk Assessment
Anti Money Laundering
Fraud Prevention
Compliance Reporting
Regulatory Reporting
Project Management
Teamwork and Collaboration
Microsoft Excel
Time Management
Multitasking Abilities
Timeline
Internal Audit Manager
AU Small Finance Bank
06.2019 - 05.2022
Assistant Manager Risk Management (AML, FIU)
Yes Bank Ltd
03.2019 - 06.2019
Compliance Analyst
Travelex India Pvt Ltd
03.2016 - 02.2019
Technical Support Executive
CRM Services Tele Performance
10.2014 - 03.2016
Unit Sales Manager
SBI Life Insurance Co Ltd
07.2012 - 09.2013
MBA - Finance & Marketing
Jaipuria Institute of Management
04.2010 - 05.2012
Bachelor in Commerce - Accounting And Business Management
Christ Church College, CSJM University
04.2007 - 04.2010
Lead Solution Advisor- Risk & Financial Advisory
Deloitte- USI
5 2022 - Current