Harshad Karandikar

 Part of ‘Financial Services’ sector under Risk advisory services
 Specialised in application controls (Business Functionality) controls review and IT general controls testing.
 Managing audit support services (Statutory audit) portfolio for mutual funds, Insurance companies (Life and General), micro finance, NBFCs and financial services.
 Managing automated business functionality controls testing for mentioned audit support clients.
 Application functionality review for leading Microfinance Company in India as per directives of Indian regulator (Reserve Bank of India).
 Change Management process review for largest private sector bank in India
 Executed and managed SAP application controls review projects for leading transport finance company in India.
 Executing and managing co-sourced audit for large multi-national insurance company for its Zurich corporate office.
 Hand on experience in managing teams and client interactions.

 Member of handpicked 5 member team for special project on “Youthisation” from March 2013 under mentorship of executive director of retail banking
 Conducted research project and submitted recommendations report for Youth Banking
 Project leader and team member for projects on ‘Gamification’, ‘Twitter Banking’ and ‘Campus cards’
 Benchmarking project for Mobile Banking app and creation of work plan to introduce new products and features on mobile banking
 Business process improvement projects for prepaid mobile recharge/DTH products.

➢ Currently working as "Technology compliance and audit manager" with ICICI Bank Ltd. from July, 2010 with profile in System Audits and IT Governance and Compliance activities

1. Special project on gap analysis and gap implementation of guidelines by RBI working group committee on Information Technology and completed as 1st Bank in India

2. Process improvement projects viz. Logical Access Management, Access revocation of resigned and absconding employees, Access review process streamlining, Privilege access management, Application inventorization, Change Management process streamlining, Server Hardening Project, System Commissioning and de-commissioning Process

3. All technology compliance matters viz. Standardisation and documentation of IT processes, DR processes and documentation, Escrow agreements, Conducting Steering Committee meetings

4. Reporting, analysis and closure of Monthly Key Risk Indicators for Basel reporting

5. Internal and External Audits:
❖ Sox attestation (Quarterly test of design & half-yearly test of operating effectiveness) for Information Technology for clause 49 reporting to SEBI
❖ External audits viz. statutory audits for India and across all international entities, Sox/US GAAP Testing for US and Canada geographies, Concurrent audits.
❖ RBI annual inspection for technology and tracking audit issues till final closure
❖ Conducting pro-active audits on various IT environments to identify and fix compliance related issues before-hand
❖ Compliance reporting viz. RBI quarterly reporting, Legal Compliance and Clause 49 reporting

➢ Article assistant with "DEVESH K SHAH & Co." from February '2007 and completed with "VR VELHANKAR AND ASSC." in February 2010.

1. International Taxation (TRANFER PRICING AUDITS):
❖ Transfer pricing audits & analysis for "SAS India", "Gujarat Glass Ltd", "EBS Ltd" "Korea Plant Services Ltd

2. TAX Assessment at Tribunal and Commissioner Level:
❖ Handled Income tax assessments at Appellate Tribunal and Tax Commissioner Level for esteemed organisation viz. SAS India, Hyundai Heavy Industries
❖ Transfer pricing assessments for "SAS India" For 3 Years and & "Gujarat Glass Ltd" for an Year

3. Statutory and Tax Audits:
❖ Team Lead for Statutory and Income Tax audits for Hyundai Heavy Industries, SAS India, Korea Plant Services, Iranian Offshore, Swiber India Group and SunRisk Insurance Broking
❖ Accounting Consulting and Streamlining for Swiber Group, Hyundai Construction, Korea Plant Services and SunRisk Insurance Broking
❖ Internal audits and process re-design for "Wockhadrt Hospitals Ltd."
❖ Limited review for "Hyundai Construction India Pvt Ltd" South Korea Reporting

➢ Worked in Axis Risk Consulting Pvt Ltd (GENPACT Company) as "Management Consultant" from March to July 2010.

1. Business Risk Consultancy

❖ Project for "KEC International Ltd" to analyse & report effectiveness of foreign exchange hedges, to address underlying financial and operational risks.
❖ Process re-design and analysis for "AFL India Pvt Ltd." across all India branches.

2. Due Diligence for M&A:
❖ Team member on Due Diligence project of Italian Cement Company to address financial risks involved in acquisition of Dalmia Cement Company at Chandrapur