Samyak Patni

Work Experience

Senior Unit Manager - Regulatory Controllership, Compliance & Internal Audit

Key Responsibilities & Achievements:

• Conducted end-to-end walkthroughs of business processes to assess regulatory compliance and internal control adherence across various departments
• Successfully led the implementation of Key Fact Statement (KFS) and Annual Percentage Rate (APR) and its computation as mandated under RBI’s Digital Lending Guidelines
• Performed detailed analysis of high APR cases, including impact assessment across business segments if APR capping is applied at predefined levels
• Developed and submitted a company-level APR Capping Impact Report, highlighting affected portfolios, customer segments, and revenue implications
• Executed a comprehensive audit of fees and charges across the organization, identifying non-compliant pricing practices and initiating corrective action
• Standardized and enforced interest rate capping across all business lines, ensuring regulatory compliance and fair lending practices
• Designed and reviewed Product Program Documents (PPDs) for all business segments, documenting product features, pricing, credit criteria, and exception-handling processes
• Established an end-to-end exception reporting framework within PPDs to flag deviations, track root causes, and ensure closure through functional ownership
• Interpreted RBI guidelines and converted regulatory requirements into actionable internal policy updates and SOP enhancements
• Conducted system data health checks and validated key compliance-related data points used for reporting and regulatory submissions
• Facilitated RBI inspections and external audits, assisting with data collation, inspection responses, and audit query resolution
• Coordinated with cross-functional teams to identify and close process-level gaps, strengthening overall control effectiveness and risk posture
• Prepared and presented MIS reports and compliance dashboards to the Senior Management on a monthly basis, providing actionable insights, trend analysis, and regulatory updates

• Preparation of Business Plan (Budgeting) along with continuous tracking of Spend Base, variance analysis, flagging & mitigating risk on timely basis
• Established Monthly Fund Planning & Management
• Prepared current financial reports and forecasts for future business growth including budgets, income statements, Balance sheets & reports for Regulatory compliance
• Responsible for reconciliation and mapping of all transactions in the organization from Razor-pay reports and bank accounts
• Managed all accounting procedures and systems used by the organization & created reports for the Investors
• Prepared monthly P&L and Balance sheet to facilitate timely audits
• Worked on TDS, Corporate Income Taxation, GST and statutory payments to be made within due dates and filed returns within prescribed time limits

Responsible for Various compliances related to:

• Direct & Indirect Taxation
• TDS Compliances & Accounts Reconciliations
• Day-to-day accounting functions & closing of books of accounts

Worked in various departments as a part of learning phase during Article ship and successfully executed projects assigned to grow the curve:

1. Audit Department:

• Tax audit and Statutory Audit of individuals, firms and companies belonging to Manufacturing, Trading and Service Industry
• Statutory Audit of Nationalized Bank
• Stock and Inspection Audits of various entities on behalf of the bank

2. Direct Taxation:

• Preparation of Income tax returns of individuals, firms, and companies
• Preparations of TDS return of banks and other entities
• Assisted in representations during Income Tax Assessments and related workings

3. Indirect Tax (GST) :

• Filing of monthly returns and annual returns
• Eligibility of Input tax credit and compliance with respect to blocked credit

4. Financial Reporting & Other:

• Independently Handled finalizations of Accounts of partnership Firms and companies
• Associated in preparation of Restated Financial Statement of Companies
• Worked as an audit assistant on various assignments to lead the audit assignment and finalize reports & documentation