Partner, KPMG LLP
Paritosh is an Audit Partner in KPMG’s Financial Services Practice, and specializes in banking and asset management, serving a wide range of clients from the largest Schedule 1 banks in Canada to smaller trust companies, fintech companies, hedge and mutual funds. He is also the Audit Innovation Leader for the GTA, as well as one of the leads for our Blockchain technology solutions. He also leads Blockchain for KPMG Canada. Paritosh joined KPMG in Canada in 2004, and was previously with KPMG in Zambia.
Relevant Professional and Industry Experience
Paritosh has experience in servicing large financial institutions globally, helping clients meet the challenges of an ever-changing environment. As one of the engagement partners on Canada’s five largest financial institutions he has been very involved in some of the challenges and issues facing the financial services industry during the most recent financial crisis. Paritosh’ s clients include large Banks, including Schedule 1, 2 and 3 banks in Canada and Banks abroad. His experience includes personal and commercial banking, credit risk, securitizations and wealth management. He has also been involved with the Bank’s securities offerings in Canada and the US.
Paritosh has also been previously involved with the audit of Canadian-based custodian, CIBC Mellon Trust Company, and also with the audit of Canada’s primary securities clearing agency, Canadian Depository for Securities Limited.
Paritosh has years of experience with investment funds, including Canadian reporting issuer funds, in particular exchange traded funds, pooled funds, hedge funds, U.S. and offshore hedge funds and private equity funds. He has also served as lead partner for several asset management companies, and various fund complexes using fintech solutions to generate returns.
Paritosh has also been involved with many proposals with respect to investment funds and other entities investing in crypto currencies/digital assets, and is currently the lead in the firm for any assurance related discussions, including with risk management and department for professional practice. These discussions include risk assessment, accounting and audit related matters with respect to such investments.
Paritosh is also the lead audit partner at KPMG Canada assisting the advisory practice with offering Blockchain technology solutions to clients in Canada and is involved in prospective initial coin offerings.
Paritosh is also the GTA Audit Innovation Leader, and is responsible educating Partners in the audit practice in the GTA around the new technologies that are disrupting the industry. The role includes keeping abreast of new technologies, understanding the impacts they are having on our clients, including regulatory, and the impact they would have on the audit and accounting profession.
- Member of the OSC Fintech Advisory Committee
- Member of the Operations Committee, Canadian ETF Association
- Member of the Token Alliance, Chamber of Digital Commerce
- Member of the Portfolio Management Association of Canada
- Treasurer, Youth Challenge International
- Previous roles: Board of Director, Private Capital Markets Association, and taught the CFO course in Fall 2015 for exempt market dealers