Kritika Kalra
Faridabad
Summary
Dynamic Associate Risk Analyst with expertise in financial analysis and risk management at Shivalik Small Finance Bank. Proven track record in enhancing compliance and operational efficiency through effective policy reviews and audits. Skilled in SQL and quality assurance, with a strong ability to identify gaps and implement impactful solutions.
Overview
2
2
years of professional experience
1
1
Certification
Work History
Associate Risk Analyst (Deputy Manager)
Shivalik Small Finance Bank
09.2024 - Current
- Managing Business Correspondent Partners Risk
- Outsourcing Policy & Compliance as per RBI Master Circular
- Half Yearly Outsourcing Assessment
- Involved in review of Operational Risk Management Policy and RCSA Manual
- Testing Automated CAM for loan processing
- Prepared an SOP on Outsourcing to enhance compliance and operational efficiency
Trainee-Risk (Quality Assurance)
India Mortgage Guarantee Corporation - IMGC
03.2023 - 08.2024
- Manage Quality Assurance, Audit & Post Approval Review (PAR)
- Monthly responsibility includes re-crediting cases with issued mortgage guarantee
- Conduct in-depth assessments to evaluate financial risk and ensure policy norm compliance
- Prepare audit and PAR reports & define action plans, post audit and monitored progress
- Identify and rectify gaps during audit process
- Recognize training needs and organized intervention to meet quality standards
- Arranged audit-related training sessions for underwriters
- Conduct audits on subsequent claims, ensuring adherence to procedures
- Verify consistent follow-ups with lenders, accurate updates of SARFAESI stages, and precise identification of principal outstanding for Guarantee Obligation calculations
- Ensure that claims payments match with the calculated amount and accurate approvals are raised higher by authorities as necessary
- Post Approval Activity: Successfully managed post-approval activities for Hero Housing Finance and TATA
- Aligning Policies for Lender Onboarding: analyzed the lender's policy to determine potential areas where we could enhance our offers compared to theirs
- Differences between their policy and ours to offer products or criteria they don't currently provide
- This enables us to make the pitch to them accordingly
- AIP High FOIR testing: This was undertaken with the objective of ensuring that the set capping remained within acceptable limits for the lender
- Certain adjustments were made to the backend data of the company's system to assess compliance with defined cutoffs
- Three scenarios were examined to ensure that the appropriate popup was triggered for any breaches occurring at the stage
- All scenarios were met, and the testing was successfully completed
Education
Master of Business Administration - Finance And Human Resource
Guru Gobind Singh Indraprastha
Delhi06-2023
Bachelor of Commerce (Honors) -
Guru Gobind Singh Indraprastha
Delhi07-2021
12th -
DAV Public School
Faridabad03-2018
10th -
St Albans School
Faridabad03-2016
Skills
- Comprehensive Financial Assessment
- In-Depth Research Analysis
- Risk Management Assessment
- Operational Risk Evaluation
- Regulatory Compliance Oversight
- Quality Assessment
- Proficient in SQL
- Advanced Excel Proficiency
- Proficient in Microsoft Office Applications
Certification
- Certificate of Advance excel from Aptech
- Certificate of Certified Mortgage Professional from Virtuoskill Learning Academy
- Certificate of Operational Risk Management from Udemy
Timeline
Associate Risk Analyst (Deputy Manager)
Shivalik Small Finance Bank
09.2024 - Current
Trainee-Risk (Quality Assurance)
India Mortgage Guarantee Corporation - IMGC
03.2023 - 08.2024
Master of Business Administration - Finance And Human Resource
Guru Gobind Singh Indraprastha
Bachelor of Commerce (Honors) -
Guru Gobind Singh Indraprastha
12th -
DAV Public School
10th -
St Albans School
Similar Profiles
Devendra SethiDevendra Sethi
Assistant Relationship Manager at Shivalik Small Finance BankAssistant Relationship Manager at Shivalik Small Finance Bank
Satyajeet BahalSatyajeet Bahal
Vice President - CISO at Shivalik Small Finance BankVice President - CISO at Shivalik Small Finance Bank
Abhishek SharmaAbhishek Sharma
Associate at Shivalik small finance bankAssociate at Shivalik small finance bank