Shruti Sharma

• Conducting internal audit reviews for global and UK specific departments, including taking scoping decisions, managing stakeholders, control testing and drafting findings.

• Supporting risk assessment exercise to inform internal audit plan.

• Performing finding validations to confirm whether the action plans have been implemented adequately to mitigate the risk.

• Engaging with business stakeholders to stay abreast of changes to the risk profile and control environment.

Outsource and Cosource Internal Audits

• Providing internal audit services to client base, including asset managers, wealth managers and private equity firms. Specifically, leading and delivering reviews across various areas in asset management sector (portfolio management, investment guideline monitoring, risk management, fund accounting oversight, client reporting, etc).

• For private equity and credit strategies, experience includes review of governance arrangements for monitoring performance and risk, deal origination, investment due diligence (including ESG diligence), requisite approvals, deal execution, subsequent periodic monitoring and valuation oversight.

• Account management for select clients, key responsibilities include periodic catch-ups to assess client requirements, preparing annual internal audit plan basis risk assessment and budget, collaborating with relevant teams to identify appropriate IA team members and SMEs for audit delivery, invoicing, etc.

• Quarterly reporting to Risk / Audit Committee on the status of audits against the IA plan.

• Supporting business development activities through hosting hot topic sessions, training delivery, supporting proposals, etc.

• Staying abreast on regulatory updates in the sector and relaying the updates to wider team in the region.

• Coaching new joiners on the internal audit methodology and supporting with skill development.

• Conducting process analysis for investment, operational and compliance business units, identifying key risks and controls, collating evidence to assess design and operating effectiveness of controls.

• Experience in auditing Fixed Income portfolio management function, operations departments (pricing, fund accounting, financial reporting, etc), anti-money laundering framework.

• Drafting issue language and the relevant support; supporting the audit lead in drafting and delivering quality audit report with sound supporting facts; and presenting findings to auditees.

• Performing action plan verification to assess effectiveness of plans implemented by business to address gaps identified by Internal Audit.

• Identifying opportunities for improvement in the audit workflow; and collaborating with Data Analytics team to improve testing efficiency.

• Assisting in preparing the annual audit plan through periodic Business Engagements and Risk Assessments.

• Conducting onboarding trainings for new hires.

• Oversaw the project for implementation of NACH transaction type in Tally for National Payments Corporation of India.

• Handled e-Banking module for leading national and international banks. The module offered features like handling various transaction types (Cheque, NEFT, RTGS, Same Bank Transfer, etc.), security aspects and generation of payment instructions in accordance with the format laid out by banks.

• Conducted Tally Definition Language training for new hires.