Summary
Overview
Work History
Education
Skills
Certification
Personal Information
Languages
Languages
References
Timeline
Generic

Navneet Singh

Delhi

Summary

Operation-oriented risk management specialist versed in financial analysis and reporting. Brings advanced understanding of market conditions and trends, risk mitigation strategies and financial decision-making. Expert in diverse statistical analyses techniques.

Overview

10
10
years of professional experience
1
1
Certification

Work History

Senior Manager –Scale-III

Punjab & Sind Bank
05.2021 - Current
  • Actively contributing as Senior Manager-Scale-III at Operational Risk Management Team at Punjab & Sind Bank- a Government of India Undertaking, ensuring strict adherence to RBI, Basel guidelines, conducting meticulous quality reviews, and proficiently managing issue management processes.
  • Organize and manage - Risk Management Committee (RMC), Operational Risk Management Committee (ORMC) and New Product Committees (NPC) meetings, highlighting new material risks for the organization and to ensure they are discussed at appropriate forums.
  • Ensure effective implementation of organization’s Risk Management Policy in accordance with Risk Appetite/ Risk Objectives and Basel framework. Ensures its compliance with regulations and alignment with Banks Policy strategically along with annual RBI Risk Assessment Report (RAR).
  • Design and maintain risk management tools like Key Risk Indicators (KRI), loss database, Near Miss Incident Reporting, scenario analysis, stress test, reputational risk assessment and effectiveness of BCP/DRM etc.
  • Report performance of KRI against management approved thresholds to risk committees. Including review of KRI library and their risk thresholds annually and recommend for update to CRO and various risk Committees.
  • Develop frameworks and risk management programs to build risk proficiency and enhance organization risk culture while conducting regular Risk Culture Surveys.
  • Monitor Conduct Risk and Control awareness through training, case studies with first line of defense.
  • Design Conduct and implement Risk and Control Self-Assessment (RCSA) exercise across all new products, identify vulnerabilities and potential control gaps. Perform Independent Testing to evaluate efficacy of internal controls, process, procedures or systems.
  • Manage OR Incidents, Liaise with business for RCA, resolution and corrective action plan. Report OR Incident report to senior management.
  • Proven track record in implementing Standard Operating Procedures (SOPs), conducting internal quality assurance measures, and delivering secondary reviews fordata submitted to the Reserve Bank of India and other regulatory Authorities.
  • Known for providing objective assurance that adds significant value, influencing positive changes that enhance risk management and control, and consistently improving liability for tangible results.
  • Proficient in Risk management, compliance, financial analysis, process improvement, New Age Risk mitigation and monitoring, risk awareness and Foolproof Process analysis. Maintain a keen focus on quality assurance and operational excellence to drive organizational success.
  • Analysis on Adequacy and efficiency by monitoring Portfolio Quality Index (PQI), Customer Complaints Behavior, NPA Management, Perfection of Securities, etc.

Manager-Scale-II

Punjab & Sind Bank
05.2018 - 06.2021
  • Posted as Risk Manager, Scale-II at Punjab and Sind Bank Zonal Office-Ludhiana
  • Handled Credit Risk, Offsite Monitoring Unit (OMU) Cell, Third Party Business, and Government Business along with Human resources Management of over 420 Staff Members across Ludhiana District.
  • MY KRA includes Conduct Risk, Staff Behavior Analysis, Third Party Risk, Vendor Management, Business Performance Reviews, etc
  • As Manager my role required to manage, Customer Grievance, Staff Grievance, Policy Implementation and effective Manpower Management.

Assistant Manager

Punjab & Sind Bank
01.2016 - 05.2018
  • Responsible for Bancassurance product, Branch Mapping, Insurance Licensing, Compliance management, Record keeping, Specified person Management, etc.
  • Expertise in Front ending all licensing, agreements and set up formalities
  • Adherence to internal policies & procedures and competition mapping
  • Managing all the queries and questioners raised by IRDAI Ministry of Finance, Reserve Bank of India, , Prime Minister Office (PMO) and various other Government organizations

Probationary Officer Scale -I

Punjab & Sind Bank
08.2014 - 01.2016
  • · Manage all the data/benefits/incentives/increments /superannuation/legal issue’s etc for all Scale-I Officers, Clerks and award Staff (Sub-Staff).
  • Handle employee terminations, grievance, racism/caste issues and other difficult situations in a sensitive, fair and respectful manner, working closely with legal council, supervisors and management.
  • Managing all the queries and questioners raised by Ministry of Finance, Reserve Bank of India, National Commission for Schedule caste, Lok Sabha Parliamentary Committee, Prime Minister Office (PMO) and various other Government organizations.
  • Working closely with Industrial relationship and Disciplinary Action Cell.
  • Maintenance of the HR records and Compliances
  • Interpreting and clarifying the companies HR policies & practices.

Education

Bachelors of Technology -

MDU Rohtak
01.2012

Skills

  • Operational Risk
  • Regulatory Framework
  • Compliance Management
  • Process Optimization
  • Internal Audit
  • Issue Management
  • Regulatory Guidelines
  • SOP Development
  • New Age Risk Management
  • Risk Appetite Statement
  • BCP Drill Management
  • Key Risk Monitoring
  • Reputational Risk Monitoring
  • Incident Reporting
  • Stakeholder management
  • Market Analysis
  • Model Validation
  • Cybersecurity risk management
  • Loss Data Analysis
  • Market Risk Analysis
  • Third-party risk assessments
  • Key risk indicators
  • Basel regulations
  • Enterprise risk management (ERMS)
  • Operational risk management
  • Compliance Monitoring
  • Trend Analysis
  • Risk Mitigation
  • Root Cause Analysis
  • Stress testing
  • Business continuity planning
  • Fraud assessment

Certification

  • GARP FRR (Financial Risk and Regulations)
  • Financial Services Level 3 from Charted Institute for Securities and Investment-London Risk
  • Certificate on Cyber Laws-Indian Law University-Delhi
  • IIBF-Risk in Financial Services
  • Certified Associate of Indian Institute of Bankers-IIBF

Personal Information

  • Date of Birth: 09/19/90
  • Marital Status: Married

Languages

  • English
  • Hindi
  • Punjabi

Languages

English
First Language
Hindi
Proficient (C2)
C2
Punjabi
Proficient (C2)
C2

References

References available upon request.

Timeline

Senior Manager –Scale-III

Punjab & Sind Bank
05.2021 - Current

Manager-Scale-II

Punjab & Sind Bank
05.2018 - 06.2021

Assistant Manager

Punjab & Sind Bank
01.2016 - 05.2018

Probationary Officer Scale -I

Punjab & Sind Bank
08.2014 - 01.2016

Bachelors of Technology -

MDU Rohtak

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