Mohit Singh

• Leading fraud risk team of 4 people and risk control unit operations, ensuring the identification, mitigation, and reporting of fraud risks across multiple channels. Managing the review and sampling/screening of loan application of LAP, MEF, SFP and supply chain for Delhi and Gurgaon branches.
• Detection and Prevention of Fraud & Risk by using the online tools Saverisk, Prob 42, and Watchout Investor, along with another public domain Indian Kanoon as well during online checks identified the customer past and current defaults, willful defaults, Bank Notice, CIBIL suite cases.
• Reporting of fraud/negative cases identified during verification of loan application to concern management and department.  Identifying the trigger during assessment of loan application and carry out Due diligence of applicant profile basis on risk and trigger.
• Investigation of fraud cases detected in pre-stage of all product and reporting to Management within TAT to improvement and enhance of control over the Fraud risk.
• Maintaining the Fraud/Negative hit rate as per company policy approved by management.  Investigating the cases reported as Fraud/negative in Pre and Post stage of loan application to understand the rout cause and initiating the actions against the involved employee/vendor.
• Taking initiation on whistle blower and tips on fraud shared by third person internal and external.
• Conducting the cross verification of vendor RCU, FI and legal as well as technical vendor to check any adverse and ensuring the vendor are adhering the company policy and process.
• Conducting the Seeding and mystery shopping to evaluate and check quality of business.
• Recovery of monetary losses involved in Fraud cases by initiating legal action and approaching perpetrators.
• RCU Vendor Management, Performance review and TAT Monitoring of assigned cases and bill process. Conducting regular training for RCU agency to improve verification report and quality.
• Conducting the verification of application matched in Hunter by obtaining the feedback from peer organization and documents review and filed verification.

• Responsible for managing Fraud risk Management activity of Maharashtra location.
• Managing risk-based sampling and screening of loan application of MSME (Medium, small and micro enterprises loan) and AHL (Affordable Housing Loan).
• Reporting and investigation fraud profile and documents and risk identified during assessment of loan application.
• Reviewing the process and policy on time to time and recommending changes as per fraud trends in market.
• Due diligence of new customers/vendors during loan application and assessing their profile and KYC and income documents.
• Maintaining negative and fraud data for internal company purpose to check dedupe and trends analysis.
• RCU Vendor Management, Performance review and TAT Monitoring of assigned cases and bill process.
• Providing training to internal employee and external party regarding the fraud trends and risk associated with company.

• Handling RCU (Fraudulent Investigation & Compliance) related work.
• Risk Identification and assessment using Data Analysis.
• Completion of due diligence of new vendor prior to empanelment by business team.
• Investigation of fraudulent cases initiated by whistle blower, Internal Audit team against the internal employee involved in asset/cash misappropriation, bribery, Kickback, conflict of interest, AML, and report the findings to management to reduce and mitigate the risk.
• Analysis of Collection and disbursement data as per trigger basis to detection and prevention against the Loss
• RCU Vendor Management, Performance review and TAT Monitoring of assigned cases and bill process.
• Managing RCU Vendor to adhere and streamline the organizational process and TAT Quality of Verification.

• RCU (Investigation & Compliance) related work, Investigation of Post disbursement of Document of the product HL, LAP, Tractor and TW.
• Manage Vendor to adhere and streamline the organizational process and TAT Quality of Verification.
• Manage the sampling and screening of HL, LAP, Affordable Housing, TW and Farm-Tractor as per prescribed % and effectively.
• Control over the fraud hit rate and negative cases as per Product.
• Investigation of fraud cases detected in pre-stage of all product and reporting to Management within TAT to improvement and enhance of control in process.
• Control over the Process and policy violation by employee.
• PDD, Nonstarter cases verification of TW/Farm
• Collection Deposit delay alerts should be made structured in case collected amount not deposited within prescribed time and control over cash misappropriation.
• Field verification of Valuation and legal opinion of HL and LAP as per trigger basis.
• Detailed portfolio analysis for Negative and Fraud Disbursed cases by mapping DPD and OD amounts to reach proper conclusions, thus, to enhance the controls in existing Processes.
• Conducting branch process review and audit of assigned branches and reporting threats and operational risk to HO
• Conducting Collection agency review of assigned agencies to prevention and detection threats cash misappropriation.
• Checking the efficiency and setup of Collection agency as per Company guidelines.

Prior ot L&T Financial I have been associated with the HDB Financial Services as Operation Executive for the Period of one year