Audit Expert with 15+ Years in Internal Audit and Risk Management

NAUSHAD ALI London N** ********@*****.*** 079********

PROFESSIONAL PROFILE

Revised Professional Profile: "A highly accomplished FCCA-qualified Internal Audit professional with over 15 years of experience leading risk-based audits and controls assurance across complex, global organizations. Proven expertise in the Third Line of Defence, specializing in the end-to-end audit cycle, COSO framework application, and operational risk management. Adept at translating technical findings into actionable insights for Senior Leadership and Audit Committees. Experienced in managing audits across finance, operations, ITGCs, and compliance domains within highly regulated environments."

Enhanced Core Competencies:

Frameworks: COSO, J-SOX/SOX (404), UK GAAP, IFRS.

Audit Lifecycle: Risk-based planning, Scoping, Fieldwork, Reporting, and Remediation tracking.

Operational Excellence: Controls Self-Assessment (CSA), Procurement, P2P, R2R, and System Migration reviews.

Stakeholder Engagement: Constructive management interaction and external auditor liaison.

CAREER SUMMARY (Internal Audit & Risk Focus)

Confidential Client GRC Software Testing Lead (Project Role) July 2025 – September 2025

Led test planning, execution, and reporting for new Governance, Risk, and Compliance (GRC) software, focusing on operational risk controls and alignment with regulatory frameworks.

Identified, documented, and tracked defects, ensuring timely resolution and strengthening control logic for robust risk mitigation.

Olympus UK J-SOX Consultant (Contract) February 2025

Executed comprehensive J-SOX walkthroughs and controls testing across manufacturing and corporate functions, focusing on inventory valuation, revenue recognition, and procurement controls.

Assessed control effectiveness, highlighted deficiencies, and developed pragmatic control improvement plans in alignment with global Japanese regulatory standards.

Contributed to the annual J-SOX certification process by ensuring control evidence and documentation were robust and complete.

Sumitomo Mitsui Trust Bank (Europe) Limited Assistant Manager, Internal Audit (Contract) January 2023 – May 2023

Executed J-SOX and SOX-compliant control testing across Finance and Operational departments (Treasury, Settlements, Financial Reporting).

Managed the end-to-end audit cycle, including detailed fieldwork, documentation, and the articulation of complex audit issues to senior management.

Successfully validated the design and operating effectiveness of controls related to market risk (interest rate and liquidity risk) and regulatory compliance.

Introduced an innovative 3-way match process to enhance audit coverage and mitigate reconciliation risks, demonstrating a proactive approach to continuous control improvement.

MS Amlin Senior Internal Auditor (Contract) September 2022 – December 2022

Performed end-to-end J-SOX controls testing across business entities, validating remediation plans using TeamMate audit software.

Contributed to the assurance strategy by assessing the effectiveness of controls within the Financial Reporting and Operational systems.

Mazars Senior Internal Auditor (Contract) February 2021 – October 2021

Demonstrated significant versatility by executing end-to-end internal audit engagements across three distinct sectors: wholesale banking (including the Deutsche Bank audit), the public sector, and the Lloyd’s Insurance Market over a 9-month engagement.

Specialized in reviewing Financial Reporting and Operational Controls for major banking clients, assessing compliance with IFRS and local regulatory requirements.

Performed detailed fieldwork, controls testing, and prepared high-quality draft reports and working papers using industry best practices.

Contributed to assurance reviews for public sector and Lloyd's Market clients, focusing on regulatory capital and financial grant management processes.

Kent County Council Senior Internal Auditor (Contract) September 2019 – February 2020

Conducted high-priority operational and system migration reviews, providing critical assurance over the stability and integrity of data and processes during significant IT changes.

Reviewed and verified the accuracy and timely submission of statutory financial returns and claims, ensuring strict compliance with central government reporting requirements.

Assessed key financial and operational controls within areas such as procurement and contract management, utilizing audit software (TeamMate/Pentana) to document findings.

The Natural History Museum (NHM) Senior Internal Auditor (Contract) December 2018 – July 2019

Led the internal audit of high-risk areas including Financial Controls (P2P, R2R) and the end-to-end Grant Management processes, ensuring strict compliance with public sector funding guidelines (e.g., DCMS) and IFRS.

Conducted a comprehensive review of controls over treasury functions and capital project expenditure.

Challenged and overturned a costly operational proposal (new safe installation) in favour of a cost-effective solution (increased cash pickups), successfully mitigating operational and security risks in a listed building while driving immediate savings.

Developed a system to monitor control breaches and utilised them as a Key Risk Indicator (KRI). This strategic use of breaches as a KPI provided quantifiable evidence to management on the department's compliance status, successfully justifying and securing additional resources where non-compliance was rising.

Drafted high-quality audit reports and presented key findings, risks, and pragmatic management actions to the Executive Management Team and the Audit Committee.

Ernst & Young Auditor (Financial Services) September 2006 – November 2007

Conducted SOX 404 assessments for major clients in the insurance and banking sectors (including Aon and Norwich Union).

Performed walkthroughs of key business processes, identifying risks, communicating control deficiencies, and ensuring compliance with UK GAAP, US GAAP, and IFRS.

Managed assigned audit areas, including secondments to the Conflicts Team to review audit and non-audit assignments independence.

Coached junior colleagues and built strong relationships with auditees and stakeholders.

TARGETED AUDIT & COMPLIANCE CONTRACTS

(Listed in reverse chronological order)

John Lewis Partnership Senior Internal Auditor (Contract) October 2023

Provided independent assurance through IT and non-IT audits, supporting the Audit & Risk Committee.

Aviva Financial Control Reporting Framework Manager (Contract) November 2021 – December 2021

Applied FRCF methodology to identify control issues and determine materiality; audited actuarial model assumptions and assurance for UK GI Market reporting.

Safran Electrical & Power Financial Controls Consultant (Contract) August 2016 – October 2016

Managed the implementation and testing of SAP financial controls post-system migration, ensuring integrity of financial data and reporting.

Reviewed and enhanced controls for key financial processes, including accounts payable, accounts receivable, and general ledger reconciliations.

Manchester Underwriting Management Compliance Consultant (Contract) February 2016 – July 2016

Assisted in the review and improvement of the compliance framework for the Managing General Agent (MGA) within the Lloyd’s Market.

Focused on aligning operational procedures with FCA guidelines and reducing compliance risk exposure.

Langham Hall Senior Compliance Auditor (Contract) February 2014 – July 2014

Focused on a fund’s operational and financial audit reviews as they pertain to investors (distributions, drawdowns), ensuring compliance with Limited Partnership Agreements.

FOUNDATIONAL BANKING & FINANCE EXPERIENCE

ABN Amro Mellon Compliance Monitoring (Contract Role) July 2006 – September 2006

Conducted fiduciary monitoring to ensure compliance with internal and regulatory requirements for the US-Dutch Joint Venture.

Prepared internal reports, including money laundering briefing reports, and advised on US regulatory trends.

Resolved fiduciary issues with clients; and identified and escalated material issues to the Senior Management.

Acted as first point of contacts for clients to help resolve operational and technical issues relating to the fiduciary monitoring process.

Maintained an awareness of trends and developments in the industry and advised on their potential implications.

HSBC Compliance Monitoring September 2002 – July 2005

Performed Investment Monitoring duties for a range of funds where HSBC was the trustee, ensuring compliance with FSA regulations.

Led the implementation of the new investment monitoring software in 2005, which involved extensive testing, reporting results to senior management, and developing internal training protocols.

Reviewed preliminary investment and borrowing limits for a new client, including funds totalling over £7 billion.

HSBC Client Reconciliations (Financial Operations) May 2001 – August 2002

Prepared cash, stock, and income reconciliations on a monthly basis.

Won an award for designing and implementing an innovative new accruals system, significantly enhancing reconciliation efficiency and accuracy.

Identified and resolved unreconciled items, ensuring robust financial controls and reporting accuracy.

OTHER CONSULTING & FINANCE ROLES

Canada Square Capital (Angel Investors) Decision Support September 2011 – January 2014

Provided written analysis and evaluation of investment concepts, primarily using SWOT analysis, and delivered collaborative recommendations to equity partners.

Rahman & Co Chartered Certified Accountants Accountant (Sub-contractor) February 2010 – December 2010

Preparation of client accounts (Income Statements, Statements of Financial Position) in accordance with UK accounting standards.

EDUCATION AND PROFESSIONAL QUALIFICATIONS

FCCA, Fellow of the Association of Chartered Certified Accountants (June 2010)

BSc (Hons) Economics, Queen Mary & Westfield University (2000)

Relevant Subjects: Macroeconomic Policy, Finance Theory, Accounting and Finance, Industrial Economics.

A Levels (1997)

Economics (B), Mathematics (B), Chemistry (B)

FURTHER INFORMATION

Technical Proficiency: MS Office, TeamMate, Pentana, SAP, RSA Archer (used in other roles), Charles River, Eclipse, Bloomberg, Global Custody System (GCS), Telekurs, SAGE.

Regulatory Knowledge: UK FSA/FCA/PRA, US SOX, J-SOX, C-SOX, IFRS, UK GAAP.

Security Clearances: Security cleared (UK MoD, US DoD, CRB).

Languages: Fluent in Bengali, basic French.

Other: Full UK driving licence.

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