Hardik Palan

About Hardik Palan

Hardik is a Chartered accountant with 2 years of experience in Investment Banking & 1 year in business consulting- Risk (Financial Services) Experienced Analyst-EMEA LEC with demonstrated history of working in the Banking industry. Skilled in Financial Planning & Analysis, reporting and Internal Control over Accounts (ICFR). Worked with clients across various industries such as manufacturing, pharmaceuticals, IT, service and retail. Worked on assignments in India and Glasgow (Remotely). Preparation of financial statements as per US GAAP and IFRS. Currently he is associated with EY in the field of Business consulting- NBFC and Investment Banking sector. His responsibilities include control testing and review, compliance overwatch, preparation of the Risk Control Matrix, conducting walk throughs, conducting gap analysis, provide insights to the management, and preparation of the Internal Audit report. Also, he holds a Graduate (B.com) and Post Graduate (M.com) from University of Mumbai. Currently he is pursuing MBA in Business Management from NMIMS, Mumbai.

Experience

1. Consultant - Risk Advisory Services- Bfsi

   EY

   Dec 2021 — Present · Mumbai, IN

   Working as a consultant in the field of Business Consulting Risk - Financial services (branch of internal audit) the responsibilities include: Conducting walkthroughs of the business processes Identifying risks and key risk indicators and understanding their associated controls Control testing Finding the design gaps and operational gaps in the controls Preparation of Risk control matrix and heatmap Providing the suggestions to the management to improve and implement control to mitigate the risk Working as consultant on client site for compliance management, and advisory services Working as part of team for pitching our services to the prospect clients Clientele experience 🪙: Worked on major Indian NBFC to help them set up new controller for the new LOB (micro finance) and helped them identify and mitigate risk and also did design and operative effectiveness of controls. Worked with major US based investment bank ( Indian arm) to identify the different laws and regulations applicable to bank as per different regulators and suggested to make changes in the policies and procedures to make it in- tandem with the rules and regulations and ensure its compliance Worked with Indian bank for the project of IFC review and helped them complete the project within stipulated audit timeline Worked with major US investment bank in their ICRM (Independent Compliance Risk Management) department as support staff to look after the areas of Electronic communications surveillance, export control, anti- money laundering ( AML) sanctions and also suggested them changes in the existing processes to make them more effective which lead to savings of ~350 hours annually

Education

• NMIMS Global

  Master of Business Administration - MBA, Business Administration and Management, General

  2022 — 2024

• University of Mumbai

  Master of commerce, Business/Commerce, General, A

  2016 — 2018

• Rustomjie International school

  schooling, High School/Secondary Diplomas and Certificates, O

  1999 — 2008

• University of Mumbai

  Bachelor’s Degree, Accounting, B

  2013 — 2016

• Institute of Chartered Accountants of India

  CA FINAL, Auditing, commerce, accounting, 50%

  2013 — 2020