Akshay Soni

About Akshay Soni

I am a Chartered Accountant with over 8 years of experience in the BFSI sector. Currently, I serve as a Senior Manager at Axis Bank, where I lead the Internal Audit function for Secured and Unsecured Lending assets, adhering to Risk-Based Internal Audit (RBIA) guidelines. My role encompasses conducting both Centralized and Decentralised Loan Branches audit in accordance with the RBIA calendar plan approved by the Audit Committee.Previously, I was with Cholamandalam Finance, specializing in Internal Audits covering Branch, Process, Compliance, and Fraud Detection Audits. I led a team of Chartered Accountants, ensuring thorough and effective audit processes.My earlier roles include serving as an Area Credit Manager at Magma Fincorp and as a Branch Credit Manager at Tata Capital and Indiabulls, where I focused on unsecured business loans. This diverse experience combines deep audit expertise with extensive credit management knowledge, providing a comprehensive understanding of both operational and regulatory aspects of the BFSI industry.

Experience

1. Senior Manager

   Axis Bank

   Aug 2024 — Present · Mumbai, IN

   Currently handling Retail Lending Audits as part of the Risk-Based Internal Audit (RBIA) plan at Axis Bank. The audit scope covers key retail lending products, including:Mortgages: Home Loans, Loan Against Property (LAP), Overdraft LAPWheels: Auto Loans (AL), Commercial Vehicles (CV), Construction Equipment (CE)Consumer Lending: Personal Loans (PL), Education Loans (EL), Loan Against Securities (LAS)Responsibilities include evaluating process controls, ensuring adherence to regulatory and internal policy requirements, and supporting continuous improvement in audit quality and risk coverage across retail lending functions.The role also covers a wide range of specialized audits, including- Retail Loan Branch Process Audits across India- Credit Audits (end to end life cycle of product)- Outsourcing Vendor Audits- Snap & Trigger-Based AuditsFocus remains on strengthening governance, improving control effectiveness, and enhancing the overall risk management framework within the Retail Lending vertical.

Education

• Birla Shiksha Kendra, Chittorgarh

  Schooling, Accountancy, Economics, C++, Business Studies

  2009 — 2011

• The Institute of Chartered Accountants of India

  Chartered Accountant (CA), Direct Tax, Indirect Tax, Accountancy, Financial Managment, Cost Management, Company Law, Auditing.

  2011 — 2017

• Mohan Lal Sukhadia University, Udaipur

  M.Com & B.Com

  2011 — 2016

Skills

• Financial Analysis
• Internal Audit
• Direct Tax
• Goods and Services Tax (Gst)
• Auditing
• Microsoft Office