Monik Gokani

• Performed control testing to validate the remediation of regulatory issues for a major Canadian bank, ensuring the successful closure of audit findings.
• Executed comprehensive issue validation procedures, including evidence review walk-throughs, and re-performance of controls to confirm effectiveness.
• Conducted continuous risk monitoring activities to identify potential threats, and mitigate risks.
• Conducted thorough planning for the ITGC audit, reviewing prior-year work papers and team testing to refine the audit scope.
• Assisted in risk assessments, identifying inherent risks, and evaluating control environments to guide targeted audit procedures.

Performed internal and external audits for high-profile clients, including a top Canadian bank, a major pharmaceutical firm, and a leading mining company. Responsibilities included:

• Oversaw the full engagement lifecycle, managing budgets, timelines, resourcing, and deliverables, while ensuring compliance with audit methodology and high-quality outputs. Assigned tasks based on team skills and availability, set clear expectations, and provided necessary coaching.
• Foster open communication to prevent team overwhelm.
• Established strong relationships with the Core Audit team, contributing to the risk assessment process through insightful feedback, and identifying areas for improvement. Provide insight to enhance the audit work, and ensure alignment with best practices.
• Led presentations to PCAOB regulators for a leading Canadian bank, providing an end-to-end walkthrough of automated controls, with a favorable outcome for the firm.
• Reviewed work to identify gaps in SOX programs, collaborating with the Global Controls Office to evaluate key controls related to financial reporting. Manage multiple client engagements, ensuring timely delivery, and strong client relationships through transparent communication and addressing pushback.
• Led discussions on control deficiencies, helping auditees understand risks, and overseeing remediation to ensure audit compliance and risk mitigation.

• With a robust background in internal and statutory audits, compliance testing, and regulatory reporting across multiple sectors, I led audits for critical business processes, performed risk assessments, and ensured the timely execution of automated controls. Managed the project lifecycle utilizing agile methodologies for a leading American investment bank.
• Oversaw BCBS 239 compliance efforts and IT general controls testing to support regulatory reporting, consistently applying strong problem-solving and analytical skills for a leading Swiss bank.
• Conducted internal and external audits to evaluate both the design and operational effectiveness of IT controls for financial statement reporting and regulatory compliance for financial services, insurance companies in India, South Africa, and a private sector bank in India.
• Additionally, coordinated remediation initiatives and compliance reporting with cross-functional teams are necessary to maintain alignment with regulatory standards for a private sector bank.

• Drawing on a solid foundation in statutory and internal audits across diverse sectors, I performed IT general and application control testing to uphold statutory audit standards and support accurate financial reporting for a telecommunications company.
• Guided the audit team in reviewing compliance with the Risk Control Matrix (RCM) and evaluating the robustness of IT control environments for an oil and natural gas corporation.

• With substantial experience in compliance reviews, IT control testing, and process assessments across diverse industries, I executed thorough IT control reviews for 15 applications, presenting a Gap Assessment to Internal Audit Management for a leading securities and advisor.
• Participated in testing IT general controls for 120 applications, including operating systems and databases, across various regions to ensure SOX compliance for a leading financial services company based in Japan.
• Performed ITSM process reviews and highlighted any resulting deficiencies for a leading public sector bank, supporting the enhancement of its risk management framework and automated control environments.