Bharani Kumar
Fraud Risk Management / RCU Head
Summary
Experienced Fraud Risk Management Professional with 16 years of expertise in the field, complemented by 22 years in Banking & NBFC/HFC sectors. Strong work ethic, adaptability, and exceptional interpersonal skills. Solid foundation in leadership and strategic planning. Passionate about developing and executing comprehensive business strategies. Quick learner with strong analytical and problem-solving abilities. Ready to leverage leadership and strategic planning skills in a Head of Risk Management role.
Overview
24
24
years of professional experience
2014
2014
years of post-secondary education
Work History
National Head RCU (School & Student Loans)
Varthana Finance
05.2022 - Current
- Setting up RCU team from scratch & drafting policy basis the products
- Implementation of sampling process
- Conducting internal and external fraud investigations
- Liaison with law enforcement for filing FIR based on requirement.
- Fulfilling RBI compliance required for fraud reporting – FMR filing
- Fraud Investigation & recovery
- Reduced operational costs by identifying areas of inefficiency and implementing cost-saving measures.
- Increased employee productivity by implementing comprehensive training programs and performance evaluations.
- Strengthening team collaboration by fostering a positive work environment and promoting open communication.
- Fraud Risk Management
DGM RCU Head (HL/LAP/PL/BL/AL/TW)
Muthoot Finance Ltd
12.2021 - 05.2022
- Consolidation of RCU teams of M/s. Muthoot Group companies
- Standardization of processes and policies
- Implementation of Image based sampling.
- Cost Optimization of RCU process
- Conducting proactive investigations to curb internal frauds.
- Employee/Vendor Investigation & Seeding Activity
- Employee/Vendor vetting
- Handling a team of 25 RCU Regional Head/RCU Managers
DGM Sales Strategist
Sobha Ltd
06.2020 - 12.2021
- To provide strategic insight of key business challenges that impact the sales performance and recommend for enhancement.
- Responsible for collecting 100crs which pertains to 1st Bucket with a team of 5 – Month on month achieved 85% to 90% of the set target.
- Develop strong relationships, embracing cross-boundary collaboration to influence peers and senior executives in the company.
- Coordinating with cross-functional teams to create, implement, and refine aspects of our business processes.
- Supervise collections activity for luxury sales team.
- Oversee Central team activity who are responsible for sales login, incentive processing & generating privilege leads.
- Manage Banking alliance team for banking project approvals and generate alternative income streams by passing on leads of customers who need Banking loan assistance.
DGM RCU Analytics
Indiabull's Housing Finance Ltd
04.2019 - 05.2020
- Provide support to management teams in reporting fraud instances to regulatory authorities.
- Provide strategic insight on region-wise performance and recommend course correction if required.
- Monitors industry trends, competitor actions, economic developments, and regulatory environment to identify and plan for expected impact on business operations.
- Designing policy / process for sampling based on market feedback, previous fraud trends & portfolio analysis.
- Portfolio Analysis for early warning signals to identify frauds.
- Region wise Feedback to Business / Policy team on fraud & market trends.
- Monitoring turnaround time of reports and identifying red flags.
- Monitoring RCU vendor costing.
- Identifying branches for RCU training requirement fraud analysis.
Zonal RCU Head
IHFL & IBCL (South & East Region)
12.2012 - 04.2019
- Managed a team of 15+ members based out of South & East zone.
- Assisted IT team in RCU automation module development, implementation & improvisation.
- Accountable for RCU automation & Dhani process for South & East teams.
- Oversaw analytics for RCU process and shared red flagged branches & way forward.
- Assist HR team in clearing CIBIL negative candidate – Pan India.
RCU Area Manager
Kotak Mahindra Bank Ltd
01.2008 - 12.2012
- Handing pre & post sampling activity for all retail assets and liabilities products.
- Investigated net banking/credit & debit card skimming/lost & theft/cheque tempering/account opening & takeover/kickbacks/ any other fraud committed using the bank's name.
RCU Area Manager
Deutsche Bank AG
08.2007 - 01.2008
- Handed pre-disbursement sampling activity for retail assets products.
- In-charge of south verified income process & transaction dispute investigation.
RCU Area Manager
GE Money (SBI Cards)
05.2002 - 07.2007
- Managed pre-disbursement credit card sampling activity & fraud investigation.
- Operations – Senior Executive (Based out of Chennai)
- Oversaw multiple vendors conducting activities like Field Investigation, Cheque collection and card & statement delivery.
Senior Executive
Navigator
01.2001 - 04.2002
- Prepared and published daily mis & conducting data analysis and reporting with finding.
Executive
CSA
01.2001 - 04.2002
- Resolved customer queries over phone for SBI card customers.
CSA
Motif India Pvt Ltd & Zenith Software
01.2001 - 04.2002
- Resolving customer queries through mail for those who have booked tickets through “Priceline.com” website.
Education
IIBF - AML & KYC
India Institute of Banking & Finance
IIBF - Prevention of Cyber Crimes & Fraud Management
India Institute of Banking & Finance
MBA - undefined
National Institute of Business Management
CBFA - Certified Banking Forensic Accounting
India Forensic
CAME - Certified Anti-money Laundering Expert
India Forensic
CFAP - Certified Forensic Accounting Professional
India Forensic
Bachelor of commerce - undefined
Christ College
Skills
Multitasking
Interests
Movies
Motorbikes
Timeline
National Head RCU (School & Student Loans)
Varthana Finance
05.2022 - Current
DGM RCU Head (HL/LAP/PL/BL/AL/TW)
Muthoot Finance Ltd
12.2021 - 05.2022
DGM Sales Strategist
Sobha Ltd
06.2020 - 12.2021
DGM RCU Analytics
Indiabull's Housing Finance Ltd
04.2019 - 05.2020
Zonal RCU Head
IHFL & IBCL (South & East Region)
12.2012 - 04.2019
RCU Area Manager
Kotak Mahindra Bank Ltd
01.2008 - 12.2012
RCU Area Manager
Deutsche Bank AG
08.2007 - 01.2008
RCU Area Manager
GE Money (SBI Cards)
05.2002 - 07.2007
Senior Executive
Navigator
01.2001 - 04.2002
Executive
CSA
01.2001 - 04.2002
CSA
Motif India Pvt Ltd & Zenith Software
01.2001 - 04.2002
IIBF - Prevention of Cyber Crimes & Fraud Management
India Institute of Banking & Finance
MBA - undefined
National Institute of Business Management
CBFA - Certified Banking Forensic Accounting
India Forensic
CAME - Certified Anti-money Laundering Expert
India Forensic
CFAP - Certified Forensic Accounting Professional
India Forensic
Bachelor of commerce - undefined
Christ College
IIBF - AML & KYC
India Institute of Banking & Finance
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