Sharad Chouksey

About Sharad Chouksey

Seasoned auditing professional knowledgeable about risk aversion strategies, cost…

Experience

1. Concurrent Auditor

   ESAF Bank

   Aug 2024 — Present · Jabalpur, IN

   Concurrent Auditors at ESAF Small Finance Bank are responsible for conducting a parallel examination of the bank\'s financial transactions as they occur. This involves reviewing transactions for accuracy, compliance with bank policies and procedures, and adherence to regulatory requirements. The goal of concurrent auditing is to identify and address potential issues in real-time, minimizing the risk of financial loss and reputational damage.Concurrent Auditors typically work closely with the bank\'s internal audit team and other departments to ensure a comprehensive and efficient audit process. They may also be required to prepare reports on their findings and recommendations for improvement.The specific responsibilities of a Concurrent Auditor at ESAF Small Finance Bank may vary depending on the individual\'s experience and expertise. However, some common duties may include:* Reviewing and verifying financial transactions, including deposits, withdrawals, loans, and investments.* Checking for compliance with KYC and AML regulations.* Ensuring adherence to accounting standards and internal control procedures.* Identifying and reporting any irregularities or discrepancies.* Making recommendations for process improvements and risk mitigation.Concurrent Auditors at ESAF Small Finance Bank are expected to have strong analytical and problem-solving skills, as well as a thorough understanding of banking operations and regulations. They must also be able to work independently and as part of a team.

Education

• Board of Secondary Education, Madhya Pradesh

  12 Th

  2012 — 2013

• Rani Durgavati Vishwavidyalaya

  Bachelor of Commerce - BCom

  2013 — 2016