Deepak Jain

Deepak Jain (CA, B.Com, DISA) Mobile: - /- ~ E-Mail:-Present Address: E -603, K.P. Height, Odhav - Ahmedabad PROFESSIONAL SNAPSHOT  A Chartered Accountant with more than 2 years of experience in the field of: 1) Internal Audit of :  Wholesale Banking Business Audit  Operation Audit  Assets Reconstruction Division Audit  Treasury Audit  Branch Audit  Infrastructure Company Audit 2) Financial Certification 3) Government Certification Work 4) Assessment and Appeal under Income tax Act 5) Business consultancy work for Granite Industry  Currently associated with Kotak Mahindra Bank Ltd, Ahmedabad, as Manager Group Internal Audit  Cleared all the CA level in 1st attempt  Diploma in Information system Audit  National level paper presenter from The Institute of Chartered Accountants of India  Adroit in managing process as per financial & regulatory requirements and leading best practices.  Adept with handling wide gamut of finance & accounts activities including MIS/ Reporting, Budgeting, etc.  Detail oriented with analytical bent of mind and positive attitude.  An effective communicator with excellent relationship building & interpersonal skills with proficiency in explaining complex financial data. CAREER RECITAL Since Nov’ 15 with Kotak Mahindra Bank Ltd Manager – Group Internal Audit KEY DELIVERABLES:  Reviewing the activities performed by Assets reconstruction division of the Bank which includes below activities:  Receipt of Post Dated Cheques (PDC) and Undated Cheques (UDC) from customers and their storage and record maintenance of the same.  Correct accounting of receipt from reconstructed client.  Charge creation with ROC in favor of bank where property is offered as security.  Compliance with the covenant condition mentioned in term sheet with respect to post funding controls.  Deferral approval and deferral closure with respect to documents not received.  Compliance with Escrow condition, funding and routing through Escrow account.  Receipt of Insurance policy on fixed assets offered as security, its renewal and valuation.  Exchange of Information between multiple banks as per RBI guideline, in case of multiple banking arrangements.  Monitoring of High value transaction from client.  RBI regulation on valuation of collateral offered as a security by the borrower.  Verification of Credit files of the borrowers.  Due diligence and monitoring of ARD borrowers and their financial position.  Verification of drawing power computation and it’s reset in Finacle.  Verification of file movement from OEC/ SCHIL and Operation team.  Password Sharing and common folder access review.  Reviewing the activities performed by the ‘Correspondent banking team’ (Treasury) which includes below activities:        Reviewing the activities performed by the ‘Market risk’ (Treasury) which includes below activities:       Activity pertaining to Pay In Pay Out and Margin Confirmation with exchanges. Intra Day and Temporary Overdraft approvals to brokers and clients for paying exchange dues. Blocking of cheque book issued from Settlement and Exchange Dues Account. Documentation for mapping the settlement and exchange due account with exchanges. Fixed deposit creation, renewal and revocation and marking of FD as lien in favor of Exchange for margin. Receipt of request of RTGS – NEFT request from client and its authorization and authentication. Moving the funds between own account, client account, settlement account & exchange dues account as per the standing instruction of the client. Managing fax cum email indemnity of client for managing email and fax instruction from the client. Obtaining the No objection certificate (NOC) from the exchanges in case of transferred client from the other bank. Reviewing the activities performed by the ‘Cash management services’ team which includes below activities:       Broker empanelment, review & it’s reporting to board of director. Reviewing the activities performed by the ‘Clearing Bank Operations’ division which includes below activities:       Due diligence of foreign banks before establishing correspondent banking relationship. NCIF verification of top management of correspondent banks. Analysis of financial strength of correspondent bank. Annual review of established correspondent bank relationship. Establishment of RMA relationship, revocation and rejection. Opening and closure of Nostro account and Vostro account. Issuance of demand draft on correspondent bank. Issuance of Interest warrant and dividend warrant for corporate clients. RBI regulation and tranches. Unusual event reporting and customer complaints. Cash burial and cash pickup from the corporate client. Special assignment of Demonetization.  Reviewing the activities performed by Wholesale business and Service Solution team :      Reviewing the activities performed by Structured Credit Group (SCG) team :        Verification of levy of charges, their waiver and reversal. Analysis of Grievance redressal mechanism of wholesale banking customer. Verification of rate reversal and rate reduction of wholesale banking customer. Analysis of working and processes of the newly setup Service Solution department for wholesale customers. Review of the credit and monitoring files of the borrowers. Account analysis and fund movement analysis of SCG borrowers. Risk categorization and NCIF verification of the borrowers. Verification of agreement entered with assets reconstruction companies. Verification of approval of TOD granted to SCG borrowers. Evaluation of recovery efforts and its Updation to management. Reviewing the activities performed by various branches for Gujarat Region:    Review of the regular operation activities of the branches. Review of compliance with various RBI circulars applicable to Bank wrt to customer services, cash, AML guidelines etc. Review of various FEMA guidelines applicable to NR customers. Internship Firm Name Period Ghewar Chand Jain & Company April 2013 to October 2015 Narpat Chopra & Associates October 2012 to March 2013 Work Profile:  Statutory audit, tax audit and internal audit of clients dealing in Granite Industry (mining and manufacturing) and Internal audit of client dealing in infrastructure sector.  Trust and Tax audit of various Trusts.  Preparation of files for income tax scrutiny assessment and appeal.  Certification work relating to various sectors. Like State Pollution Control board, Animal Welfare Board of India, District Disability Rehabilitation Centre, SIDBI, utilisation certifier of university grants etc.  Financial certification of borrower for franchisee of Cholamandal Dbs Finance Ltd.  Accounting and Tax consultancy at Rajasthan franchisee of Kundan Cab Pvt Ltd (Fybros).  Consultancy Service to franchisee of Nestle and Parle G. Scholastics Qualification DISA     Year Board Percentage Dec – 16 The Institute of Chartered Accountant of India 75.00% CA Final May-15 The Institute of Chartered Accountant of India 57.38% B.Com May-14 Jai Narayan Vyas University 66.77% Completed Diploma in Information System Audit (DISA) and all CA exams in 1st Attempt. Exemption in Strategic Financial Management (74 Marks), Advanced Management Accounting (64 Marks) & Indirect Tax Law (63 Marks) at CA FINAL Level. Passed B.com with 1st class and with 1st Rank in whole district in B.Com 1st year. 2nd Rank at district level in Secondary Examination. IT Forte  Tally  MS - Office package  Finacle  DWMS  Cash In  Cash Web Extramural Engagements       National Level Paper Presenter from ICAI on topic of Financial Instrument: Accounting, Presentation and Disclosure (Accounting Manipulation Part) Writer and Editor of Article book of Shree Oswal Chhatrawas, Jodhpur (Certified ISO 9001:2000). Participated in NGO activity of building homes for needy under corporate governance program of Kotak Mahindra Bank Ltd. Volunteer in social group Helping Hand For Humanity (HH4H). Submitted paper at various places for national convention of ICAI (Like Ahmedabad, Bhubaneswar, Indore, Bilaspur, Surat, Thane, Kolkatta etc. Participated in PMO contest for contributing business idea under ‘MY GOV’ program. PERSONAL DOSSIER Date of Birth : 16th August 1993. Permanent Address: A4, Kalyan Nagar, Behind SBBJ Bank, Jalore, Rajasthan -343001 Linguistics : English, Hindi & Marwari.