Hitesh Valecha
Mumbai
Summary
Dynamic Senior Risk Manager with extensive experience at Kotak Mahindra Bank, specializing in portfolio monitoring and fraud detection. Proven track record in enhancing compliance through innovative data analytics and stakeholder management. Successfully launched new mortgage products while implementing early warning systems to identify emerging risks, ensuring operational integrity and market competitiveness.
Overview
8
8
years of professional experience
Work History
Senior Risk Manager
Kotak Mahindra Bank Limited
Mumbai
12.2025 - Current
- Supported risk management systems for onboarding, credit operations, fraud detection, and reputation controls to improve compliance and operational integrity.
- Conducted detailed audits from strict credit-risk view, reviewing underwriting quality, debt-service ability, asset valuation logic, and validity of policy exceptions.
- Monitored credit policy against key industry competitors and updated internal parameters to strengthen market reach in target retail segments.
- Worked with product teams to launch new retail mortgage product policies and add preventive credit audit controls into product design.
- Managed end-to-end portfolio monitoring and deployed early warning models to flag weak accounts and stress signals before movement into non-performing assets.
- Prepared and presented detailed risk decks for senior management reviews, sharing insight on credit exceptions, audit findings, and operational risk trends.
- Built and deployed interactive data dashboards for proactive risk monitoring and real-time compliance management, supporting early detection of portfolio vulnerabilities.
- Maintained key relationships with credit underwriting heads, business sales leaders, and legal and valuation partners to align audit parameters, resolve conflicts faster, and improve cross-functional coordination.
Senior Unit Manager - Co Lending & Assignments
Bajaj Housing Finance Limited
08.2024 - 12.2025
- Supported end-to-end co-lending and loan assignment processes, keeping documentation and execution on schedule.
- Built relationships with financial institutions to support co-lending agreements and assignment transactions, helping expand partnership opportunities and transaction volume.
- Followed regulatory requirements and organizational policies during co-lending and assignment activities, reducing compliance exposure.
- Assisted with audits for assignment of loan pools, checking compliance with internal standards and regulatory requirements.
- Tracked portfolio quality against defined risk parameters and addressed emerging issues early to support portfolio stability.
Unit Manager - Risk
Bajaj Housing Finance Limited
Pune
09.2021 - 05.2024
- Supported high-performing credit audit team in post-approval reviews of retail mortgage loan files, keeping turnaround fast without lowering asset quality.
- Built streamlined query-resolution process with credit underwriting teams, helping close critical audit exceptions and structural backlogs faster.
- Completed detailed audits from strict credit-risk view, checking underwriting integrity, debt-service capacity, asset valuation logic, and validity of policy deviations.
- Monitored credit policy against key industry competitors, updating internal parameters to support stronger market penetration in target retail segments.
- Partnered with product teams to launch new retail mortgage product policies, adding preventive credit audit controls directly into product structures.
- Managed end-to-end portfolio monitoring and applied early warning signal models to identify weak accounts and stress indicators before movement into non-performing assets.
- Prepared and presented comprehensive risk decks for senior management reviews, delivering strategic insight into credit deviations, audit findings, and operational risk trends.
- Designed and deployed interactive data dashboards for proactive risk monitoring and real-time compliance management, enabling early detection of portfolio vulnerabilities.
- Managed critical relationships with credit underwriting heads, business sales leaders, and legal/valuation partners to align audit parameters, fast-track conflict resolution, and improve cross-functional coordination.
- Led regulatory National Housing Bank audits for entire retail loan book, maintaining 100% compliance with asset classification, provisioning, and fair lending guidelines.
Credit Manager
Bajaj Housing Finance Limited
05.2019 - 09.2021
- Reviewed salaried mortgage loan proposals against Bajaj Housing Finance credit policy requirements.
- Prepared sanction notes for senior approval and credit committee evaluation.
- Supported handling of credit exceptions and routed policy deviations for timely decisions.
- Monitored portfolio reviews by checking repayment behavior and account quality trends.
- Guided credit officers on lender norms and credit process updates.
- Supported team activities to improve operational performance with focus on TAT and service standards.
- Worked with sales management and cross-functional teams to keep operations efficient.
- Detected fraud risk and non-payment concerns through account review.
- Supported pan-India loan restructuring efforts during COVID-19, balancing customer relief with risk control.
Education
Post Graduate Programme - Real Estate And Urban Infrastructure Management
NICMAR
Pune2019
B.Tech - Planning
College of Engineering, Pune (CoEP)
Pune2017
Higher Secondary Certificate - Science
H.P.T. Arts & R.Y.K. Science College, Nasik
Pune2012
Secondary School Certificate -
Nirmala Convent High School
Nasik2010
Skills
- Portfolio monitoring and analysis
- Policy underwriting
- Early warning systems
- Fraud detection
- Audit management
- Stakeholder management
- Data analytics
- Emerging risk identification
Timeline
Senior Risk Manager
Kotak Mahindra Bank Limited
12.2025 - Current
Senior Unit Manager - Co Lending & Assignments
Bajaj Housing Finance Limited
08.2024 - 12.2025
Unit Manager - Risk
Bajaj Housing Finance Limited
09.2021 - 05.2024
Credit Manager
Bajaj Housing Finance Limited
05.2019 - 09.2021
Post Graduate Programme - Real Estate And Urban Infrastructure Management
NICMAR
B.Tech - Planning
College of Engineering, Pune (CoEP)
Higher Secondary Certificate - Science
H.P.T. Arts & R.Y.K. Science College, Nasik
Secondary School Certificate -
Nirmala Convent High School