Abhay Agarwal

• Clearing excesses using the Follow-the-Sun limit allocation function.
• Generate comprehensive analyses regarding limit utilization.
• Engaged with line risk managers to secure required excess authorizations.
• Monitored, escalated, and documented out-of-standard overdraft occurrences.
• Crafting crisis reports and contingency planning documents for stressed financial institutions and sovereigns based on ongoing monitoring of geo-political factors.
• Maintaining a database for high-risk client monitoring (corporate and FIs).
• Working on ad-hoc regional and global projects around automation.

• Independently reviewed and monitored counterparties within the allocated Financial Institution portfolio, which included domestic and foreign banks, development financial institutions, and primary dealers, etc. The following were key deliverables:
• Writing detailed credit reviews, recommending internal credit ratings for counterparties trading with KMBL. This involved the evaluation of a counterparty’s business model, its credit profile, macroeconomic and sector trends, financial analysis, peer comparison, etc.
• Performed in-depth sector and peer review, highlighting key trends, growing risks, and possible risk mitigation to be undertaken by the firm.
• Regular, timely (quarterly, semi-annually, and annually) monitoring of the performance of counterparties and closely tracking developments related to FIs, industry, economy, regulations, markets, etc., which could impact exposure adversely, using external tools (Reuters, S&P Capital IQ Pro) as well as internally maintained databases.
• Using the information above, write detailed notes with the outlook and appropriate risk management actions to senior management in several committees and forums.
• Responsible for determining KMBL’s transaction capacity with counterparties by assigning risk appetite to them.
• Set or rationalize credit limits in conjunction with business activity with the counterparty.
• Measurement, monitoring, and management of banks’ current and future potential credit exposures.
• Determining and ensuring the appropriateness of credit risk mitigants, such as netting, collateral, and hedging.
• Timely and effective monitoring of limit excesses by liaising with the Front Office and Operations to determine the cause and escalate genuine breaches as per credit policies on appropriate forums. Following up with the front office and operations to get the breaches ratified by appropriate authorities, and to take steps to rationalize the exposure limits to ensure that breaches and excess utilization are avoided in the future.
• Perform effective stress testing on the FI portfolio based on relevant macro, micro, and geopolitical (hypothetical) scenarios for FIs and their sovereigns, and determine the potential impact on Capital [CET 1 Capital]. The impact analysis under several scenarios (mild, moderate, and advanced) forms part of the board note.
• Participated in multiple ad-hoc projects around automation, internal audit, and regulatory compliance.
• Annual Counterparty Exposure Limit Review in the ALCO committee for countries, foreign banks, domestic banks, and primary dealers.

Country/Sovereign Risk Management:

• Independently maintained and monitored country risk exposures involving recommending and setting up limits to sovereigns based on risk appetite, region, geography, and potential for business. The following were key deliverables:
• Effective, timely, and continuous monitoring of geopolitical changes and highlighting their potential impacts on our portfolio in a time-sensitive manner.
• Setting up a framework for determining internal sovereign ratings based on parameters such as external ratings.
• Rationalizing country limits based on changing economic conditions and business requirements.
• Determining and reporting on regulatory country risk provisioning (if applicable).

• Credit Evaluation of Counterparty Banks:
• Developing Framework for Credit evaluation of Counterparty banks, recommending limits and ongoing monitoring of exposures
• Deriving Insights from Peer Banks analysis and influencing decisions
• Analyzing requests from business for re-allocation or increase in limits putting up the same for approval after a thorough credit evaluation
• Quarterly Analysis/Updates of Financial Results of Counterparty Banks to Senior Management [both Domestic and Foreign Banks]
• Conduct on going surveillance of performance of banks and recommend actions
• Annual Counterparty Exposure Limit Review for Countries, Foreign Banks, Domestic Banks and Primary Dealers
• Country Risk Exposure Management:
• Evaluation of Country Risks and recommend limits
• On going surveillance of country risk exposure and recommend actions
• Managing sanction country risk exposure, alerting the senior management on the latest development and recommend the action
• Modeling:
• Develop and implement models for credit risk rating of Banks
• Develop and implement models for country risk analysis
• Stress Testing:
• Developed, Implemented and Executed stress testing methodologies for Counterparty and Country risks
• Policies:
• Responsible for developing policies related to Counterparty credit risk, country risk and ongoing maintenance
• Automation:
• Responsible for implementation of automation initiatives for better control and risk
• Reviewing existing processes, drafting requirement documents and participating in UATs
• Work with other functions to deliver on projects
• Regulatory Reporting:
• Timely and accurate submission of Internal MIS
• Respond and clarify on internal, regulatory and statutory audit queries
• Creating, maintaining/upgrading databases of performance of Foreign Banks, Domestic Banks and Countries on a regular basis for regulatory reporting and risk analysis
• Responsible for various Counterparty Risk reports including FX Bank Exposure, Interbank Consolidated and Country Exposure reports

• Looking after 14 Location (Jodhpur, Udaipur, Ajmer, Neemrana, Alwar, Bhiwadi, Jaipur etc.) Pan Rajasthan for PL business
• Responsible for Total Credit Approval for Rs
• 10.50 Crores every month
• Responsible for managing Overall Portfolio quality [30+, 90+] and analysing delinquency trends
• Had a local approval authority of Rs
• 7.50 lacs (post covid) and having L4 Deviation approval authority

• Review and Process approx
• 400 loan applications every month
• End to End TAT monitoring from Login to Disbursal
• Vendor Management and cost control
• Had a approval authority of Rs
• 3.50 Lacs and L3 Deviation approval authority