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Shailesh Karnire

VP - Internal Audit at Barclays Bank

Summary

An experienced and highly educated internal auditor with over ten years of experience in banking industry and stock exchanges.

  • Led many end to end audits with team members ranging from 3 to 5 covering Investment Banking, Corporate Banking, Wealth Management, Retail and Capital Markets.
  • Professionally qualified backed by multiple globally recognised degrees (CFA, FRM, CA & CAMS) in the fields of finance, risk management, accountancy, auditing, and anti money laundering.
  • Articulate, demonstrating exceptional relationship building with regional audit team members and stakeholders.

Work experience

Feb 2013Present

VP - Internal Audit

Barclays Bank
  • Undertaking risk assessment of different entities/functions and developing an audit plan.
  • Leading end to end audits. Deciding the scope of audit, assessing the design and operating effectiveness of controls, discussing the identified control gaps with stakeholders and reporting through audit report.
  • Reviewing work of subordinates and providing guidance.
  • Continuously monitoring key risk indicators through meetings and targeted reviews. Working collaboratively with stakeholders in the early identification of emerging control issues and reporting them through continuous monitoring reports and targeted review reports.
  • Liaison with the regulators and external auditors on various matters.

 

Jul 2010Nov 2012

Manager, Internal Audit

Yes Bank
  • Assisting the Audit Head in annual planning based on risk assessment of various functions of the bank.
  • Deciding the scope of audit, executing the audit through managing a team of 2 to 3 audit members, discussing and closing the issues with the stake holders and preparing audit reports.

Jun 2009Jul 2010

Senior Executive Officer, Market Operations Department

MCX-Stock Exchange
  • Ensuring accurate & timely reporting of data to Securities Exchange Board of India (SEBI) on daily, weekly & monthly basis.
  • Development of synchronized trade reports, currency wise daily volume, turnover analysis reports.
  • Raising business requirement specification for automating reports and functional testing and engaged in various development activities to streamline the functions.

Dec 2006Apr 2009

Senior Executive Officer, Investigation Department

National Stock Exchange of India
  • Analyzing the various trading strategies (speculation/hedging/arbitrage) used by traders in the equity, derivatives and currency derivative segment.
  • Investigating into the cases of Insider Trading, Pump and Dump, Front Running, Market Rigging and other cases of price and volume manipulation.
  • Providing inputs and discussing with Surveillance department about the appropriateness of statistical tools used in surveillance alerts generation.
  • Creating general awareness about equity and derivative markets through Investor Awareness Programs (Investments / Equity and Derivatives markets / Fundamental Analysis).

Education

  • Certified Information System Auditor (CISA) - ISACA (June 2017)
  • Certified Anti-Money Laundering Specialist (CAMS) – Association of Certified Anti Money Laundering (August 2014)
  • Chartered Financial Analyst (CFA) - Global Association of Investment Professionals - USA (June 2009)
  • Financial Risk Manager (FRM) - Global Association of Risk Professionals - USA (November 2009)
  • Chartered Accountant (CA) - The Institute of Chartered Accountants of India (May 2006)
  • Commerce Graduate (B.Com)– K. J Somaiya college of Arts and Commerce (Mar 2003)

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