Rakesh Tripathi

About Rakesh Tripathi

Dynamic Finance Professional with 14+ years of experience demonstrated history of working in the Asset Management & AIS Financial service Industry. Skilled in Fund Accounting/NAV, Financial reporting for Private Equity,Mutual Funds, Regulatory risk reporting, compliance testing, control testing, Internal Control and Internal audit, forecasting and Financial analysis. strong financial market knowledge.

Experience

1. Vice President Lead Independent Testing Officer

   Wells Fargo

   Dec 2024 — Present · Hyderabad, IN

   Skilled in financial oversight, global process management, risk management & control and KPI reporting. Ensure effective and appropriate testing, validation, and documentation of review activities for risk programs, risks and controls. Collaborate and consult with Audit, Legal, external agencies, and regulatory bodies to resolve risk related topics Activities such as communication of commencement of Engagement with Key Stakeholders through Engagement Memos and arranging walkthrough discussions with Regulatory reporting teams to understand the preparation process Reviewing the applicable Regulatory instructions, Desktop Procedures and High-level process maps to understand the data flow in working files. Preparation and review of the scoping document which details the analytical procedures (Quantitative and Qualitative factors) performed to determine in /out of scope line items Determining the Sample strategy and sample size as per independent Monitoring, Testing and Validation (IT & V) Policy. Preparation of detailed Test scripts and Test procedures for Non-Transactional and Transactional Testing for scoped in line items and seeking required approvals Performing Data Analytics on the population to pick up required number of samples as determined in plan & Prepare phase. Performing Transactional testing (from point of origin to reporting) using the approved Test scripts and Test procedures to ensure accuracy of Key Data Elements as per System of Record (SoR) with underlying source documents Performing Non-Transactional Testing using the approved Test scripts and Test procedures to ensure the accuracy, completeness & timeliness of the reports being tested. Identification, reporting of Findings and (Enterprise Based testing Platform) EBTP Summarize findings from Non-Transactional and Transactional tests executed and prepare findings log.

Education

• Osmania University

  Bachelor's degree, Accounting and Finance

• The Institute of Chartered Accountants of India

  CA (Inter), Accounting and Finance