Jashanvir Kaur
Minto
Summary
Strong professional skills and experience gained from providing regulatory, risk and assurance services to a wide range of financial institutions, with areas of focus in banking regulatory compliance and internal controls. Prior risk consulting experience further enriches the profile, making for a well-rounded and seasoned professional.
Overview
6
6
years of professional experience
Work History
Senior Associate, Risk and Regulatory assurance
PricewaterhouseCoopers (PwC)
03.2021 - Current
Responsibilities across the role -
· Identifying key risk areas by developing risk assessment for critical business processes of entities.
· Developing a technical understanding of the subject matter to develop testing approaches and determine scope prior to the start of significant audit fieldwork.
· liaising with management to communicate audit progress and issues arising throughout the engagements.
· Coaching a team of 2-8 juniors, new senior associates and offshore team members and reviewing their working papers.
· Writing initial drafts of audit opinions and other assurance reports.
· Presenting key findings and observations to those charged with governance.
· Co-ordinating with other PwC teams (Actuarial, Legal and Digital trust)
· Managing resourcing and allocation plans and ensuring the progress of the engagement against the allocated time and budget.
Highlights of Client Work -
- Involved in Group audit of Gresham which includes around 10 Managed Funds and 12 Corporate subsidiaries including Asset Management Companies.
- Role involved auditing of complex areas such as acquisition accounting, valuation of illiquid financial investments, impairment testing of mining business, consolidation, employees profit share and audit of business transactions.
- Handled AFSL audit of 7 entities directly with engagement partner.
Clients and engagements that I have worked on across my role -
- Macquarie group - APRA APS 310 assurance engagements (from FY21 onwards), Specific liquidity focused assurance review, assurance across Macquarie’s bank’s remediation plan across prudential
- Westpac group - APS 310 and Pillar 3 assurance engagements (from FY23 onwards)
- Gresham - FS and AFSL (7 entities - solely handled)
- CBA Statutory Audit - Institutional Banking & Global Markets division (FY22)
- China Everbright bank - CPS 220 comprehensive review
Analyst, Risk Consulting
PricewaterhouseCoopers (PwC)
07.2018 - 02.2021
- Independent regulatory reviews and remediation auditing on multiple financial advice remediation projects for the Big-4 banks
- Assessed compliance of Australian Financial Services Licensees through case review to identify potential cases of statutory breaches
- Contributing to development of the assessment guidelines and methodology that facilitate the identification of inappropriate advice and financial adviser conduct
- Recipient of best performer award across a team of 26 people and got an award for demonstrating the PwC value - 'Work together'
- Use of the following digital solutions across the role – Gatekeeper and Felix - vendor and contract lifecycle management platform (VCLM), Relativity - internal investigations, e-discovery and legal search software solutions, Xplan – financial planning and wealth management software
Education
Chartered Accountant -
CA ANZ
08.2024
Bachelor of Business - Accounting (Distinction)
Western Sydney University
11.2020
Skills
- APRA regulatory reporting requirements
- Data risk management
- Banking Act compliance
- In-depth understanding of IFRS
- Financial Accountability Regime
- Targeted implementation/readiness reviews
- Risk management frameworks
- AFSL Compliance
- Internal controls testing
- Assurance over capital and liquidity reporting
- Aura - recognized as the audit industry’s most technologically empowered audit management tool
- Adept at building PowerBI dashboard
- Alteryx – Experienced in using workflows and review/audit of non-complex workflows
- Familiar with navigation of data management systems such as Collibra and Alex
Digital skills
Profile Snapshot
- Senior Associate, Risk and Regulatory Assurance, PricewaterhouseCoopers (PwC), Sydney, 03/21 - Present
- Analyst, Risk Consulting, PricewaterhouseCoopers (PwC), Sydney, 07/18 - 02/21
- Ask us Assistant, Western Sydney University, 01/18 - 11/20
- PASS Facilitator, Western Sydney University, 07/18 - 11/18
Careernarration
Senior Associate, Risk and Regulatory Assurance, PricewaterhouseCoopers, 03/21 - Present, Identifying key risk areas by developing risk assessment for critical business processes of entities., Developing a technical understanding of the subject matter to develop testing approaches and determine scope prior to the start of significant audit fieldwork., Liaising with management to communicate audit progress and issues arising throughout the engagements., Coaching a team of 2-8 juniors, new senior associates and offshore team members and reviewing their working papers., Writing initial drafts of audit opinions and other assurance reports., Presenting key findings and observations to those charged with governance., Co-ordinating with other PwC teams (Actuarial, Legal and Digital trust)., Managing resourcing and allocation plans and ensuring the progress of the engagement against the allocated time and budget., Macquarie Group Limited, Ownership of the high-risk and complex areas on the engagement such as APS 210, APS 112, APS 113 and APS 180., Reviewed Basel III change implementation in line with APRA UQS requirements., Led the work on our audit opinion for compliance with prudential standards (33 standards) and liaised directly with the key stakeholders., Involved in extensive review of end-to-end data lineages, controls and transformations testing done across a range of Critical Data Elements (CDE’s) at the bank., Redesigned and implemented new regulatory audit approach resulting in increased fee discussions (continued fee growth)., Devised changes in the FY24 assurance strategy which led to substantial front-loading of work and better use of resources., Involved in creating digital solutions such as workflows to assess large amounts of correspondence with APRA, ARF tool (reporting forms tick back testing automation), and Flux analysis improvement tool., Westpac Banking Corporation, Ownership of the high-risk and complex areas on the engagement such as APS 210, APS 117 and APS 115., Led the audit of the data risk management workstream with the engagement director., Extensive and detailed controls testing procedures across a range of APRA reporting forms and standards., Gresham Partners Limited – Wesfarmers Limited, Involved in Group audit of Gresham which includes around 10 Managed Funds and 12 Corporate subsidiaries including Asset Management Companies., Role involved auditing of complex areas such as acquisition accounting, valuation of illiquid financial investments, impairment testing of mining business, consolidation, employees profit share and audit of business transactions., Handled AFSL audit of 7 entities directly with engagement partner., Analyst, Risk Consulting, PricewaterhouseCoopers (PwC), 07/18 - 02/21, Independent regulatory reviews and remediation auditing on multiple financial advice remediation projects for the Big-4 banks., Assessed compliance of Australian Financial Services Licensees through case review to identify potential cases of statutory breaches., Contributing to development of the assessment guidelines and methodology that facilitate the identification of inappropriate advice and financial adviser conduct., Recipient of best performer award across a team of 26 people and got an award for demonstrating the PwC value - 'Work together'., Gatekeeper and Felix - vendor and contract lifecycle management platform (VCLM), Relativity - internal investigations, e-discovery and legal search software solutions, Xplan – financial planning and wealth management software
Firmwideachievements
- Appointed as training champion across the risk and regulation national team and hence responsible for planning and roll out of sector wide regulatory and compliance trainings.
- Self delivered trainings on subject matters such as Managing Data risk, Liquidity, APS 310 Fundamentals, Controls testing attended by various clients teams.
- Recognised for focus on Audit Quality and digital initiatives in the Nationwide Group meeting of PwC Australia – Risk and Regulation sector.
- Helped in building proposals for APS 310 engagements for potential clients.
- Served as an assurance career ambassador which involved networking, presenting and being a panelist (PwC representative) at multiple events hosted by other firms, universities and industry organisations.
- Helped in formation of a dedicated offshore (India) staff pool dedicated to work across Australian regulatory assurance engagements.
Awards
- CPA Award for Third Year Accounting, CPA
- Dean’s Medal, Western Sydney University, 12/20
References
Will be provided on request
Timeline
Senior Associate, Risk and Regulatory assurance
PricewaterhouseCoopers (PwC)
03.2021 - Current
Analyst, Risk Consulting
PricewaterhouseCoopers (PwC)
07.2018 - 02.2021
Chartered Accountant -
CA ANZ
Bachelor of Business - Accounting (Distinction)
Western Sydney University