NIKKHIL KULKARNII
Chartered Accountant / DISA (ICAI)
Dombivli
Summary
Performance-driven professional with more than 10 years of total experience in regulatory compliance, also aligning systems with internal policies and regulatory requirements. Passionate about applying excellent organization and communication skills to manage and lead teams. Results-oriented individual well-versed in interfacing and consulting on Regulatory audits, inspections and process reviews.
Overview
18
18
years of professional experience
12
12
years of post-secondary education
3
3
Languages
Work History
Assistant Vice President – Compliance
Barclays Securities (India) Private Limited
10.2022 - Current
- Dissemination and implementation of regulatory notifications/circulars etc
- Ensure periodic regulatory reporting owned by compliance department
- Handling regulatory inspections/Engagements/Correspondences Handling SEBI & Exchange mandated audits Handling Bank Internal Audits from compliance perspective Analysis, monitoring & closure of Exchange & Trackwizz alerts
- Preparing, finalizing and presenting the details related to various internal meetings
- Attending various global calls and responding to global queries
- Handling Annual Refresh Activity of various Barclays Standards and Policies
- Oversight on other Regulatory reporting to Exchanges & SEBI
- Tracking of NISM certifications for employees
- Handling queries or requests from employees related to Personal Account Dealing
- Handling employees internal/conduct related breach management.
Assistant Vice President - Compliance
YES Securities (India) Limited
03.2021 - 10.2022
- Internal or Regulatory Audits / Inspections: Understanding the requirements of the Auditor/ Inspecting Authority, Coordination with internal stake holders for sought data/details and submission of the same to auditor/inspecting authority
- Internal process review: Analysis, reviews, implements and giving value addition to the new & existing broking related processes in accordance with various compliance provisions/regulations imposed by the regulators from time to time
- Regulatory intimations / approvals, responding to regulatory / other queries and other activities: Intimation / Prior approvals to regulators
- Various regulatory requirements received and to be replied to regulators post coordinating with internal stakeholders
- Such other activities as may be assigned by Business Unit Head (BUH)
- Handling of Investor Grievance and Arbitration matters: Analysis & review the complaints from clients and drafting appropriate reply & submission to concerned authority
- Periodic meetings with regulators: Arranging periodic meetings/discussions with regulator's senior officials on compliance/other matters
- Periodic reporting to management: Preparation of compliance related guideline and correspondences issued by regulator on fortnightly & monthly basis and dissemination to management
- Oversight on Regulatory reporting to Exchanges & SEBI
- Preparation of monthly oversight note for YES Bank management
- Preparation of monthly MIS for YES Bank management from Compliance perspective.
Partner
Shah Kapadia & Associates
04.2018 - 03.2021
- Conducted, coordinated, handled and monitored half yearly SEBI Internal Audits of more than 50 stock brokers Conducted, coordinated, handled and monitored Process Review Audit of stock broker including Yes Securities (India) Limited Contributed additional revenue to the tune of 20% to the firm by adding new clients (stock brokers) Conducted, coordinated, handled and monitored half yearly / yearly system audits of more than 25 stock brokers
Assistant Manager – Onsite Inspection
National Stock Exchange India Limited (NSEIL)
09.2014 - 04.2018
- Inspection (Internal Audit) of Trading Members (Brokers), their sub-brokers and branches associated with National Stock Exchange Monitoring the level of compliances amongst Stock Brokers & Sub-brokers registered with the Exchange by verification of their books of accounts & other records Conducting Compliance Training and Onsite help for new members of the Exchange This, inter-alia, includes providing them with guidance and training on various compliances for the Broking industry To make efforts for improving level of compliances amongst Stock Brokers & Sub-brokers by conducting compliance visits and compliance trainings Conducting Investigative and Forensic audit (i.e
- LPI) of the stock brokers Investigating into specific complaints and areas relating to investor protection Recommending improving processes / putting a system in place to avoid recurrences of violations Drafting of inspection reports for placing in ICMA Meetings of NSE Vetting of documents for the member of the Exchange, as required by the Exchange.
Audit Manager
M. P. Chitale & Co
01.2012 - 09.2014
- Conducted, coordinated, handled and monitored Internal Audits and NAV verifications Internal Audit (Broking) and SEBI Compliance Audit of AMBIT Capital Private Limited Internal Audit of Group Companies of AMBIT, ASK etc
- Calculating and verifying NAV of SBI Mutual Fund
Article Assistant (ICAI)
S. K. Rambhia & Co
10.2008 - 10.2011
- Tax calculations and filing of Income Tax Returns of Corporate, Partnership Firms & individuals Wealth Tax Preparing documentation for Scrutiny Assessments
Accounts & Audit Assistant
S. K. Rambhia & Co
04.2006 - 09.2008
- Income Tax Audits (U/s 44AB of The Income Tax Act, 1961) Tax calculations and filing of Income Tax Returns of Corporate, Partnership Firms & individuals Wealth Tax Preparing documentation for Income Tax Scrutiny Assessments
Education
DISA ICAI: Information System Audit -
Institute of Chartered Accountants of India - Mumbai
06.2013 - 04.2014
ICAI -
Chartered Accountant
Mumbai, India 11.2010 - 05.2012
Master of Commerce: Financial Accounting - undefined
Mumbai University - Mumbai
04.2008 - 05.2010
Bachelor of Commerce - undefined
Pragati College of Arts and Commerce Mumbai University - Mumbai
04.2001 - 05.2006
XII - undefined
Pragati College of Arts And Commerce Mumbai University - Mumbai
04.2001 - 05.2003
Skills
Accomplishments
- Secured 80 marks in Indirect Tax Laws, 67 marks in Advance Auditing, 65 marks in ISCA & 60 in Strategic Financial Management in CA Final May 2012
- Pass NCFM Financial Market Beginners Module with 86% marks.
Marital Status
Married
Timeline
Assistant Vice President – Compliance
Barclays Securities (India) Private Limited
10.2022 - Current
Assistant Vice President - Compliance
YES Securities (India) Limited
03.2021 - 10.2022
Partner
Shah Kapadia & Associates
04.2018 - 03.2021
Assistant Manager – Onsite Inspection
National Stock Exchange India Limited (NSEIL)
09.2014 - 04.2018
DISA ICAI: Information System Audit -
Institute of Chartered Accountants of India - Mumbai
06.2013 - 04.2014
Audit Manager
M. P. Chitale & Co
01.2012 - 09.2014
ICAI -
Chartered Accountant
11.2010 - 05.2012
Article Assistant (ICAI)
S. K. Rambhia & Co
10.2008 - 10.2011
Master of Commerce: Financial Accounting - undefined
Mumbai University - Mumbai
04.2008 - 05.2010
Accounts & Audit Assistant
S. K. Rambhia & Co
04.2006 - 09.2008
Bachelor of Commerce - undefined
Pragati College of Arts and Commerce Mumbai University - Mumbai
04.2001 - 05.2006
XII - undefined
Pragati College of Arts And Commerce Mumbai University - Mumbai
04.2001 - 05.2003
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