Management Vice President

Munish K Gupta

** ******* ** ************, ** ***91 Mobile Phone: 609-***-**** Email:

*****.*******@*****.***

Internal Audit Professional

I am an Internal Audit Professional offering 19 years of experience in Capital Markets products and

end to end control environment both domestically and internationally. I have extensive knowledge of

the audit process as well as the key controls in the overall trade cycle with specialization in Credit

Risk Management including Credit Valuation Adjustment, Back office operations for Derivatives,

Equities, Fixed Income and Prime Brokerage, Credit and Equity Derivatives, Futures and Options,

Foreign Exchange and Off-shoring. Additionally, have a solid base in Interest rate derivatives,

Securitized products, market risk and valuation. Consistently demonstrated a balanced skill set of

ensuring independence as well as collaborating and partnering with management in the

enhancement of the control environment by offering reasonable solutions for control gaps. Self

motivated individual with a passion for learning and coaching as well as the confidence in

communicating throughout all levels of an organization.

Objective

A challenging and rewarding position as an Auditor that will utilize my experience in

enhancement of the control environment and corporate goals.

Experience

JP Morgan chase & company new york, ny

Vice President, 5/2000 to 8/2010

Recent Internal Audit responsibilities including relationship management, continuous risk assessment,

audit planning and execution for North America Investment Banking operations including Prime

Brokerage. Prior roles included audit responsibilities as India Country Auditor, Global Credit Portfolio,

Futures and Options, Equity Derivatives and Fixed Income cash and derivatives. Provided strategic

direction on audit approach and business control issues as a member of the monthly IB T&O Errors

forum, weekly IB Tech and Ops metrics review, Basel II working group, Asia Pacific Audit

Management team, India Management and Operating Committees and India Off-shoring

Management Committee.

Key results:

• At the request of Senior IB management successfully planned and performed a review which highlighted control

enhancement over the RED accounts and settlement processes after the Lehman failure.

• Led a review of the NA Securitized products group reviewing the front office risk management controls as well as

downstream completeness controls over valuation, credit risk and market risk feeds.

• Partnered with cross Line of Business audit colleagues and Prime Brokerage operations management in the migration

of all domestic equities and fixed income settlement and clearance processing from JPMSI to JPMCC (heritage Bear

Sterns operations).

• Collaborated with IB Operations Risk Management and audit colleagues in deciding on significant errors, root cause

and lessons learned that need to be escalated to senior IB management. Additionally, collaborated with risk

managers in the development of a Client Confidentiality policy for the IB.

• Successfully built an 11 member audit department over 3 years in India across multiple lines of business (Investment

Bank, Treasury Security & Services, Asset Wealth Management, Corporate Sector and Technology Infrastructure) and

implementing an audit plan of 16,000 hours (27 audit reports) in 2008 from 4,300 hours (8 audit reports) in 2005.

Regulatory reviews highlighted the effectiveness of the audit coverage as there were no reportable issues concerning

audit coverage during tenure.

• Developed and implemented a training program for team and the strategic end-to-end audit approach for India

operations. Additionally, collaboratively influenced the business resiliency model for operations in India as well

provided management with key across lob control themes to increase awareness.

• Successfully developed a “Roadmap to Sufficient” for the Credit Portfolio business to help the business prioritize key

control gaps to improve its control environment.

• Member of the BASEL II Wholesale Credit working group responsible for providing on-going audit support in reviewing

process and procedural requirements for the Firm’s compliance with the accord.

• Planned and managed the GCRM Chinese Wall audit which identified significant issues resulting in implementation of

additional control processes and enhancements to the policy.

Continuously leveraged and developed automated auditing ideas to focus testing resulting in

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identification of significant control gaps.

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• BANK OF AMERICA NEW YORK, NY

Vice President, 10/1996 to 5/2000

Promoted to Vice President with Audit responsibilities including relationship management, risk

assessment and execution of the audit plan within the Corporate Risk Evaluation group for Debt

Capital Markets, Sales and Credit Processing, Global FX Trading and Operations, Futures and

Options and Asia Securities Trading.

Key results:

• Successfully planned and managed a review of the FX and currency options trading, operations and accounting

processes resulting in the re-assignment of the head currency options trader and accounting manager.

• Developed and provided weekly exposure, loss and key events report to senior CRE management during assignment

to Hong Kong and Singapore in early 1998 to provide an independent assessment of the control infrastructure during

the height of the Asian Financial Crisis.

• Evaluated the valuation methodology implemented by the Firm for determining the value of its Asian corporate and

sovereign debt portfolio traded out of Hong Kong.

• Developed and implemented an automated Continuous Audit strategy for the FX and Fixed Income trading

businesses to further focus audit coverage.

• Provided training to audit staff in the implementation of the Bank America and NationsBank merger audit strategy.

Key member of the team that developed the strategy.

• Managed the review of the bank’s Risk Arbitrage Trading desk focusing on risk management and Insider Information

guidelines.

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• BANKERS TRUST NEW YORK, NY

Assistant Vice President, 10/1994 to 10/1996

Audit responsibilities included Credit Derivatives, Debt underwriting and trading, Futures and Options

and Government Securities.

Key results:

• Successfully assisted in the development of the audit testing strategy to ensure compliance with the Federal Reserve

Agreement for the leverage derivatives businesses.

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• CHEMICAL BANKING CORPORATION NEW YORK, NY

Senior Auditor, 7/1991 to 9/1994

Audits performed include Interest Rate Swaps, Venture Partners, Real Estate, Asset Backed and Middle Markets

Lending, Credit Approval Systems and Retail Branches.

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Education

hofstra university hempstead, ny

Bachelor of Business Administration – Banking and Finance, 5/1991

Certificate in Accounting - 1994

Volunteerism: Habitat for Humanity

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