Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Timeline
Generic

Sneha Kargutkar

Mississauga,ON

Summary

  • Seasoned CPA (CA) professional with 15+ years experience within the Financial Services Sector and Big 4 Audit firm conducting Internal, External Audit, Risk Management and Control & Governance function under the overall gamut of enterprise governance, risk and compliance services. Subject Matter Expert in risk aversion strategies, cost reduction options and financial and auditing processes.
  • SME in planning, managing and executing risk focused audits, risk assessments, process improvement, compliance & regulatory adherence assessment, project audits, SOX & SOC compliance/testing and financial reporting activities.
  • Decisive and persuasive communicator with proven problem-solving, leadership, planning abilities, navigating ambiguity and building strong client relationship.

Overview

12
12
years of professional experience
1
1
Certification

Work History

Senior Manager

TD Bank Group
11.2017 - Current
  • Leading the Exam Management team of 8 individuals managing and supporting Regulatory exams, Internal Audits and Compliance exams for various line of business consisting of activities such as Issues Management, resource planning, allocation and coaching team members.
  • Managing the implementation of various 1B programs such as Key Risk Indicators, Operational resiliency, Proactive Monitoring, designing, and testing internal controls, Model Risk Management, Business Continuity plan, act as risk SME.
  • Providing governance over the Next Evolution of Work Initiative which involved modifying the business process and changing the operating model.
  • Presenting the overall risk profile at the Business Risk Forums (Risk Committee) to the Business Executives and control partners.
  • Overseeing the pRCSA and Regulatory controls testing (QA testing) which includes reviewing test workpapers, responding to second line partners' challenge, advise, guide, and provide feedback to the testing team members.
  • Monitor, test and report on the Business Continuity & Crisis Management, operational risk events and external loss events reporting and coordinate with second line risk partners on escalation of issues and resolution. Assisted in change risk assessments discussions.
  • Developed and implemented new reporting for various programs managed such as Issues Management using JIRA dashboards.
  • Audit In-charge/lead/key staff for various operational and horizontal audits for TD Bank Group such as Compliance, Customer Service Centres, Shared Services, Underwriting, Volcker Compliance, GPS Project Audit, Insurance Claims, SOX audits, Conduct risk-based audits etc.
  • Led a Project Audit using various PDLC methodologies such as Agile testing, reviewing BAT/SIT testing results, reviewing RAID logs etc.
  • Prepared Audit Planning Memo (APM) & Process, Risk, Control Matrix (PRCM) documenting business processes, controls and inherent risks based on risk assessment factors and risk rationale for in-scope and out-of-scope processes.
  • Led various meetings with client such as kick off, status meetings, findings grid discussion, exit meetings etc.
  • Responsible for presenting the key deliverables including the audit findings and recommendations to the senior team members and relevant business stakeholders (including VPs and AVPs) and preparing draft audit reports.
  • Design and operating effectiveness testing of various key controls identified in PRCM and other SOX controls by conducting walkthroughs and liaising with business for audit evidence. Reviewed workpapers submitted by staff and coaching new team members.

Internal Auditor

Matson, Inc.
09.2015 - 10.2020
  • Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthrough for compliance with documented processes.
  • Produced monetary recovery of more than $1 million by identifying errors in contract billings & SMO reports.
  • Prepared suitable reports on risk and information gleaned from audits and distributed them to appropriate personnel, reducing loss risk by 40%.

Internal Auditor Assistant

Realty Income Corporation
06.2012 - 08.2015
  • Assisted auditor in developing timelines, budgets and audit plans for five assigned projects in a 20-month timeframe.
  • Performed analysis and drafted findings and recommendations into detailed monthly reports.
  • Developed detailed financial record-keeping methods and procedures to support fiscal reporting, improving productivity by 35%.

Education

Chartered Professional Accountant (CPA, CA) -

Chartered Professional Accountant Ontario
2017

Chartered Accountant (CA) -

Institute of Chartered Accountants of India
2011

Company Secretary (CS) -

Institute of Company Secretaries of India
2011

Bachelor of Commerce -

University of Mumbai
2008

Skills

  • Excellent Exam/Audit Management including experience on Regulatory exams
  • Audit SME with hands on experience in leading and conducting various end to end Audits
  • SME in Risk Management programs
  • In-depth knowledge of various risk categories and mitigating controls requirements
  • Expert in preparing reporting dashboards for Executive presentations and committees
  • Excellent MS Office skills with ability to use Power BI, Automate etc
  • Team Leader managing a big and diverse team of individuals
  • Collaborative team player
  • Relationship management and interpersonal skills
  • Excellent presentation skills and ability to lead meetings with stakeholders
  • Talent acquisition, coaching and guiding new hires and other staff
  • Navigating ambiguity and providing direction

Accomplishments

  • Highest performance rating achieved, consistent promotions throughout TD career.
  • Led, coached and guided a diverse team.
  • Led various process improvement initiatives which resulted in reduction of manual hours, strong work processes and avoided duplication of efforts.
  • Implemented various management reporting
  • Converted excel findings dashboard into Tableau.
  • Identified a moderate rated regulatory audit issue on my first audit assignment with Manulife.
  • Released $80,000 amount of trapped cash for the company by scrutinizing vendor deposit ledger.

Certification

  • Volunteering: Providing career insights and guidance to new immigrants, associated with NGOs working for cancer patients and underprivileged children.
  • Personal Interests: Dancing, Travelling, Photography and trying different cuisines of food.

Timeline

Senior Manager

TD Bank Group
11.2017 - Current

Internal Auditor

Matson, Inc.
09.2015 - 10.2020

Internal Auditor Assistant

Realty Income Corporation
06.2012 - 08.2015

Chartered Professional Accountant (CPA, CA) -

Chartered Professional Accountant Ontario

Chartered Accountant (CA) -

Institute of Chartered Accountants of India

Company Secretary (CS) -

Institute of Company Secretaries of India

Bachelor of Commerce -

University of Mumbai

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Sneha Kargutkar