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Nov 12, 2019

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

On today’s podcast, Justin Smulison is joined by special guest, Harshit Baxi! Harshit is the Global Head of Internal Audit and Risk Management at First Source. Harshit will also be attending the RIMS Risk Forum India 2019 (held Nov. 22nd in Mumbai) where he will be co-presenting a session titled, “Cultural Imperatives to Mitigate Fraud Risk.”


Today, Justin and Harshit will be discussing risk culture in India, especially as it pertains to protecting against fraud. Tune in to hear Harshit’s impression of the risk management profession in India today, some of the traits of a strong corporate culture, where he sees fraud entering the discussion when it comes to culture, and many of his key takeaways from his upcoming session at the RIMS Risk Forum India!


Key Takeaways:

[:12] About today’s episode with special guest, Harshit Baxi.

[:30] Justin welcomes Harshit to the podcast.

[:36] Harshit gives his impression of the risk management profession in India today.

[3:59] Harshit highlights some traits that indicate a strong corporate culture.

[8:00] Harshit explains how he has linked risk-minded and purpose-driven culture into the corporations he has led in his career.

[9:42] What does Harshit see as the next step for risk managers?

[11:22] When discussing culture, when and how does fraud enter the discussion?

[14:22] Will Harshit be taking questions from the audience during his session at the RIMS Risk Forum India?

[15:25] Justin wraps up this week’s show by giving thanks to Harshit for joining and highlights some links to check out in the show notes!


Mentioned in this Episode:

RIMS Risk Forum India 2019 (Nov. 22nd in Mumbai, India)
RIMS RiskTech Forum 2019 (Dec. 9th in New York City) — Save 10% by entering the code LISTENER2019 at checkout!

RIMS 2020 (May 2nd–6th in Denver, CO) — Booth space is now available!

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RIMS-Certified Risk Management Professional (RIMS-CRMP)

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Follow up with Our Guest:

Harshit Baxi’s LinkedIn