Vikas Bahri
Jaipur
Summary
Strategic and results-driven Audit Executive with a distinguished career in the banking sector. Proven expertise in leading national-level audit functions, implementing robust risk management strategies, and ensuring compliance with regulatory standards. Seeking a challenging role to leverage my skills in optimizing internal controls and contributing to the overall governance and financial integrity of a prominent banking institution.
Overview
19
19
years of professional experience
Work History
Senior Vice President - National Audit Manager
AU Small Finance Bank
Jaipur
12.2016 - Current
- Played Pivotal Role in Creating IA Charter, Policy, and Manual.
- Developed and executed risk-based audit plans, ensuring alignment with regulatory requirements and organizational goals since last consecutive 7 years.
- Collaborated with executive leadership to supply strategic insights on risk mitigation and governance.
- Key Issues Identified apprised to Audit Committee and Discussions being held with Senior Stakeholders on Implementing Controls for risk mitigation, Open Issue Closure etc.
- Build Concurrent Audit Domain with CA firms as extended arm of IAD {20 CA firms - Branch Banking and Central Liabilities}
- Orchestrated and managed the Audit function, overseeing a team of [27] Auditors across multiple regions covering more than 1040 banking touch points.
- Handling Central Liabilities Functions Audits mainly includes Product Audit, CPC Audits, Video KYC audits, RBI advised audits, Thematic audits and management advised etc.
- Handled Branch Banking Domain – Conducted Branch Banking audits, Introduced Process Audits, PAN India analytics done basis red flag raised in any of branch / unit
- Implementation of Audit Workflow Tool – Pentana
- Close co-ordination with QAIP team and effectively downloading learnings to team
- Implementation of Continuous Monitoring Model for parameters giving triggers to first line of defence to put control in time to avoid operational losses, regulatory breach etc
- Decide the scope, risk, and frequency of Internal Audit activities in identified areas of responsibility.
- Managed relationships with external partners, vendors, and stakeholders to ensure successful collaborations.
- Found potential risks and developed contingency plans accordingly.
- Ensured compliance with applicable laws, regulations, policies, and procedures.
- Recruited, trained, mentored, and evaluated staff members in order to optimize their effectiveness.
Assistant Vice President - State Auditor (For 3 States)
IndusInd Bank
11.2008 - 12.2016
- Examine and evaluate the adequacy, effectiveness and efficiency of the organization's internal control system and procedures and recommend corrective actions to improve operations.
- Coordinate Planning, Organizing & Undertaking internal audit of core banking branches, includes preparation of audit plans it's scheduling and achieving targets.
- Risk Assessment of branch in terms of Compliance Risk and Operations Risk
- Post preparation of report, deliberation is being held with Regional Head Operations, Branch Monitoring Unit Head, Regional Head (Business), Manager Customer Service Operations and Branch head about Utmost Critical / Critical observations / findings and resultantly reports gets finalized and being released for closure and points to be actioned
Assistant Manager -Internal Audit
HDFC Bank Ltd.
12.2005 - 10.2008
- Lead Handling customer's queries /complaints
- Account Opening Cross selling with the existing branch portfolio Back office co-ordination Audit compliance
Audit Officer
Capital Local Area Bank Ltd.
12.2004 - 12.2005
- Audit of Retail Banking Branches
- Revenue Audit and Asset Quality Audit.
Education
Skills
- Acumen in Auditing
- Reviewing Policies and Product Notes related to domain
- Strategic Planning
- Team Management
- Risk Management
- Fraud Investigation
- Statutory / Regulatory Compliance
- Communicator, Motivator, Innovator
- Analytical
- Process Improvements
- Recruiting and Hiring
Career Timelines
- AU Small Finance Bank, 12/2016, Present
- IndusInd Bank, 11/2008, 12/2016
- HDFC Bank Ltd., 12/2005, 10/2008
- Capital Local Area Bank Ltd., 12/2004, 12/2005
Personal Information
Date of Birth: 07/08/82
Languages
- English
- Hindi
- Punjabi
Timeline
Senior Vice President - National Audit Manager
AU Small Finance Bank
12.2016 - Current
Assistant Vice President - State Auditor (For 3 States)
IndusInd Bank
11.2008 - 12.2016
Assistant Manager -Internal Audit
HDFC Bank Ltd.
12.2005 - 10.2008
Audit Officer
Capital Local Area Bank Ltd.
12.2004 - 12.2005
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