Vishwadeep Prasad
Mumbai
Summary
Dynamic fraud risk management professional with extensive experience at ICICI Bank Ltd, specializing in enterprise fraud governance and regulatory compliance. Proven track record in designing robust operating models and leading pan-India teams. Adept at stakeholder engagement and enhancing fraud awareness, driving significant improvements in operational efficiency and risk mitigation.
Overview
19
19
years of professional experience
Work History
Regional Manager – Fraud Control Unit (West)
UGRO Capital Ltd
09.2024 - 04.2025
- Led regional FCU governance covering fraud detection, prevention, and monitoring across lending portfolios.
- Reviewed high-risk transactions and exception cases, ensuring early identification of fraud indicators.
- Ensured strict adherence to internal policies, regulatory guidelines, and audit requirements.
- Owned vendor audit compliance, observations closure, and control enhancements.
- Governed TAT adherence through structured monitoring and escalation mechanisms.
- Conducted regular fraud awareness and control training for business and operations teams.
- Focus Area: Strengthening preventive controls without compromising regulatory discipline.
Regional Manager – RICU (Retail Assets, Maharashtra)
YES BANK Ltd
12.2022 - 08.2024
- Designed and implemented the RICU Operating Manual, establishing uniform standards across states.
- Vetted PPAC, PPAC Lite and process change proposals from fraud-risk and governance perspective.
- Acted as central escalation authority for state and zonal RICU heads.
- Managed pan-India sampling governance, billing review, MIS validation, and quality audits.
- Led centralized sampling oversight for ROMG cases.
- Assessed RICU report quality, defined benchmarks, and drove corrective actions.
- Delivered structured training programs for samplers, RCU teams, and business stakeholders.
- Managed multi-location teams including Location Managers and Area Head.
- Key Contribution: Institutionalized centralized RICU governance and reduced regional inconsistencies.
Team Manager – RCU (Commercial Banking)
Kotak Mahindra Bank
09.2022 - 12.2022
- Managed fraud investigations (referred and self-initiated).
- Conducted quality assurance of investigation reports prior to final classification.
- Performed post-facto analysis of fraud and unusual incident cases to strengthen controls.
Divisional RCU Manager
L&T Finance
01.2022 - 07.2022
- Headed RCU operations for Maharashtra (Mumbai, Pune, Nagpur, Nashik).
- Supervised screening and sampling activities for Two-Wheeler, Farm Equipment, and Consumer Loans.
- Reviewed senior management escalations, employee-induced frauds, dealer malpractices, and cross-functional investigations.
- Presented cases before Loss Approval Committee for fraud loss recognition and provisioning.
Senior Manager – FCPG (Process & Fraud Governance)
ICICI Bank Ltd
10.2006 - 12.2021
- Designed and reviewed Process Approval Committee (PAC) notes from fraud and compliance standpoint.
- Monitored regulatory changes and ensured timely incorporation into internal policies and SOPs.
- Designed and recalibrated sampling triggers based on evolving fraud trends.
- Vetted investigation and sampling reports across geographies.
- Conducted process walkthroughs to identify deviations and control gaps.
- Led cost-optimization initiatives and supported UAT for fraud control systems.
Manager – Fraud Prevention (Retail Assets & Liabilities)
ICICI Bank Ltd
10.2012 - 09.2016
- Managed acquisition risk controls across HL, PL, AL, CV, CE, CC and CASA products.
- Oversaw field verification agencies, ensuring quality, independence, and TAT compliance.
- Conducted AML transaction monitoring as assigned centrally.
- Delivered compliance and fraud risk training across branches.
- Key Enterprise Projects:
- Launch of I-Disburse automated screening & sampling platform
- Digitalization of liability product controls via OMNIFLOW
- Implementation of Employee Accountability Management System (EAMS)
Education
MBA - Marketing & International Business
Barkatullah University
BBM - Marketing
Bangalore University
12th Standard -
BHEL Shiksha Niketan
JhansiSkills
- Enterprise Fraud Risk Management (FRM)
- RCU / FCU Governance & Operating Models
- Policy, SOP & Operating Manual Design
- Pre- & Post-Disbursement Controls
- Screening, Sampling & Trigger Frameworks
- Fraud Investigations & Loss Governance
- Employee & Vendor Risk Management
- Regulatory Compliance & Audit Handling
- Centralized MIS, Dashboards & KRIs
- Pan-India Team Leadership
- Stakeholder & Regulator Interaction
- Fraud Awareness & Capability Building
Personal Information
- Date of Birth: 03/06/79
- Marital Status: Married
Languages
- Hindi
- English
- Hindi
Core Expertise
- Enterprise Fraud Risk Management (FRM)
- RCU / FCU Governance & Operating Models
- Policy, SOP & Operating Manual Design
- Pre- & Post-Disbursement Controls
- Screening, Sampling & Trigger Frameworks
- Fraud Investigations & Loss Governance
- Employee & Vendor Risk Management
- Regulatory Compliance & Audit Handling
- Centralized MIS, Dashboards & KRIs
- Pan-India Team Leadership
- Stakeholder & Regulator Interaction
- Fraud Awareness & Capability Building
Timeline
Regional Manager – Fraud Control Unit (West)
UGRO Capital Ltd
09.2024 - 04.2025
Regional Manager – RICU (Retail Assets, Maharashtra)
YES BANK Ltd
12.2022 - 08.2024
Team Manager – RCU (Commercial Banking)
Kotak Mahindra Bank
09.2022 - 12.2022
Divisional RCU Manager
L&T Finance
01.2022 - 07.2022
Manager – Fraud Prevention (Retail Assets & Liabilities)
ICICI Bank Ltd
10.2012 - 09.2016
Senior Manager – FCPG (Process & Fraud Governance)
ICICI Bank Ltd
10.2006 - 12.2021
MBA - Marketing & International Business
Barkatullah University
BBM - Marketing
Bangalore University
12th Standard -
BHEL Shiksha Niketan