Vidya Balasubramaniam

Head – Internal Audit & Internal Controls

• Job Details:Led risk-based audits for India, ensuring ICOFR compliance and effective control implementation. Performed fraud risk assessments and mitigation, utilizing data analytics tools (Power BI, ACL Analytics, Teammate) to detect anomalies, visualization and streamline audit processes. Facilitated control self-assessment programs, training and awareness programs and spearheaded cross-border assessments (Singapore, Malaysia, Philippines, New Zealand) to enhance the internal control framework. Led a team of 4 internal auditors and 2 consultants, overseeing audit activities and ensuring the effective execution of internal control assessments and risk management initiatives, ensuring timely implementation of action plans. Spearheaded the 'zero repeat' project, resulting in an enhanced audit rating from the group internal audit team and an unqualified opinion from statutory auditors on the effectiveness of internal controls. Spearheaded & facilitated several change initiatives and addressed loopholes with proactive risk management & mitigation plans including financial (approx. ROI of over 3 times the cost of internal controls function), credit, reputational & strategic risks.

AGM – Internal Audit

• Job Details:Led risk-based audits and identified key control gaps, improving internal audit assurance and governance practices. Focused on fraud risk mitigation, process optimization, and driving strategic initiatives for financial savings. Conducted special audits, due diligence reviews, and internal financial controls reviews in line with industry standards. Supervised a team of 3 auditors, providing strategic guidance on audit scoping, testing processes, and report drafting. Developed and implemented action plans to address audit findings and ensure timely risk mitigation.

Group Audit Lead (Expert Level)

• Job Details:Led global operational audits, leveraging data analytics to assess key risks and control effectiveness. Managed and analyzed large datasets to identify fraud patterns and exceptions, leveraging advanced analytics tools to enhance audit efficiency. Performed SOX reviews and assessments across global business units, including HR and workforce management processes.