PIYUSH PANDEY
Hyderabad
Summary
Senior Banking Professional with 20 years of experience in various banking domains and functions, with a specialization in Wholesale Credit Risk and Controls Assurance. Extensive hands-on experience in the migration and setup of offshore risk functions, such as credit underwriting, risk approval, risk identification, and wholesale credit risk control testing and assurance, from scratch (documentation, migration, recruitment, training, and process setup to BAU stage).
Overview
19
19
years of professional experience
Work History
Vice President & Wholesale Lead - Controls Assurance
HSBC Group
12.2023 - Current
- Established specialized wholesale vertical within the Global Risk and control assurance department dedicated to control testing & assurance to wholesale credit risk related themes & controls.
- Managed planning and strategy for the wholesale vertical which involved building & tracking annual plan (book of work), workforce management and stakeholder connect.
- Currently co-leading overall team strength of 18 control assurance professionals.
- Lead various thematic as well as controls-based reviews along with end-to-end review management, report publishing and Issue tracking.
- Lead pilot for Material Controls testing in 2025 for wholesale for HBUK (HSBC UK -RFB) upcoming regulatory requirement as per revised The UK Corporate Governance Code 2024 which requires boards to monitor their risk management and internal control framework, including material controls.
- Received inspirational leader award in RCAS for 2024.
- HDPI -Center of Excellence
Vice President & Offshore Head- Risk Approvals & Risk Identification (HASE)
HSBC Group
05.2021 - 11.2023
- Heading & Managing a team of ~15 seasoned risk professionals catering to credit risk approval and risk identification work for Business, Commercial & Global Banking portfolio of Hang Seng Bank (HSBC Subsidiary) spread across three locations Hyderabad, Kolkata & Bangalore.
- Initiated Migration of Credit Risk approval process from HangSeng bank Hong Kong to Global Offshore Centers at Hyderabad & Kolkata (India).
- Handled recruitment, training and set-up of the entire offshore Risk approvals & Identification team.
- Newly set-up team was guided towards BAU stage and settled as stable process handling Credit Approval & Risk Identification for HangSeng Bank Hong Kong across entire business banking, commercial & global banking portfolios.
- Implementing strategic initiatives and processes to drive HSBC credit culture, desire, and business performance.
- Managing senior stakeholders across business, credit & risk, audit, legal, policy etc while driving efficiency in the team.
- In depth understanding of Wholesale Risk review Function as well since I have worked on STA with Risk Review team Hong Kong as guest reviewer over an STA programme.
- Providing key stakeholders with subject matter expertise, reliable, transparent analysis and reporting for management information.
- Conducting recruitment, on-boarding, training of new joiner as well as managing growth & development of senior approvers in the team.
- HDPI -Center of Excellence
Senior Risk Approver (Wholesale Market Risk - APAC)
HSBC Group
Hyderabad
11.2016 - 12.2018
- Managing Credit Risk and taking care of Wholesale Risk Approvals for Commercial Banking (Asia Pacific -Hong Kong) Business Banking and Middle market portfolio.
- Handling complex proposals with a high delegated lending authority and providing approvals for new to bank, incremental and annual review credit proposals including watch, worry and monitor cases.
- Handling training & mentoring for the new joiners on credit approval, policy & procedures.
- Arranging refresher training with onshore partners (policy, credit appetite, procedures, local market customs) etc to keep all the approvers updated at all the time.
- HDPI -Center of Excellence
Vice President - Sales Commercial Banking (Payments & Cash Management)
HSBC Bank India
Hyderabad
07.2014 - 11.2016
- Handling Payments & Cash Management products sales for commercial banking clients for AP & Telangana region.
- Responsible for business development and implementation for a portfolio of existing client as well as acquisition of new clients.
- Business Development, achieving annual sales target of USD 1.35M of generation of new business for the bank.
- Presenting pitchbooks, preparation of RPP/ RFI/RFQ for clients, solutioning as per client needs, pricing negotiation, client management, scoping, managing pre sales and post sales activities, revenue tracking, MIS, leading the team for quick implementation of product/ solution, general management.
Vice President Commercial Banking
HSBC Bank India
Pune
04.2012 - 07.2014
- Handling Portfolio of Commercial banking customers which included and ISB Segment as well as Large Corporates.
AVP -Risk Analysis Unit
HSBC Bank India
Pune
04.2010 - 04.2012
- Handling Portfolio of Commercial banking customers which included and ISB Segment as well as Large Corporates.
Senior Corporate Credit Analyst & underwriter
HSBC Global Banking (GSC)
Bangalore
07.2007 - 03.2010
- Part of the founder team which established Credit Analysis Unit for HSBC during July 2007 and assisted in structuring the processes, policies, guidelines and individual responsibilities.
- Handled Migration of Credit Underwriting function from Middle East to HSBC GSC Bangalore and established a team of offshore credit underwriters handling Dubai and Abu Dhabi Credit proposals.
- Preparation & publishing credit reports and annual reviews for MNC corporate clients of the bank (US, UK, Hong Kong, Singapore, Dubai).
- Mentoring and leading junior analysts and evaluating their reports.
- Development of policy & training documents for various geographies.
Manager; Commercial Banking Division
Indian Bank (PSU)
Chennai
06.2006 - 07.2007
- Responsibilities: Credit Appraisal (Assessment of working capital and Term Loan requirement of large and mid-size corporate borrowers).
- The role includes preparation, submission and presentation of detailed credit proposals to Credit committee.
- Member of IPO Cell handling IPO process of the bank during 2007.
- Keywords: Credit Appraisal, working capital assessment, Risk Management, AML, KYC, Credit Rating, IPO, DRHP, pre-post listing formalities, Listing & Compliance, investor grievance.
Education
Diploma in Cyber Law -
Asian School of Cyber Laws
Pune05.2023
JAIIB -
Indian Institute of Banking & Finance
Mumbai03.2017
CAIIB -
Indian Institute of Banking & Finance
Mumbai03.2017
MBA - Finance, Marketing
IBS (ICFAI Business School)
Hyderabad04.2006
B.Tech - Electronics & Instrumentation
Maharana Pratap Engineering College
Kanpur03.2004
Certificate In Trade Finance -
Indian Institute of Banking & Finance
MumbaiSkills
Wholesale Credit Risk
Credit Approval & Risk Identification
Wholesale Controls Assurance
Risk & Control Frameworks
Offshore Migration & Process Management
Stakeholder Management
Corporate & Commercial Banking
Business Development & Strategic Planning
Languages
- English
- Hindi
Hobbies and Interests
- Extensive training course on International Trade & Finance conducted by HSBC.
- Certificate Course in Anti Money Laundering/ Know Your Customer by Indian Institute of Banking & Finance.
- Delivering guest lectures at various MBA/Engineering colleges on various topics.
- Deep interest in teaching and mentoring management graduates on various academic and nonacademic contemporary subjects.
- Ardent pet lover and active in CSR activities of the organization.
Personal Information
- Date of Birth: 04/13/80
- Marital Status: Married
Keywords
- Control Assurance
- Controls Testing
- Wholesale Credit Risk
- Working capital assessment
- Risk Management
- AML
- KYC
- Credit Rating
- Leadership & Team management
Timeline
Vice President & Wholesale Lead - Controls Assurance
HSBC Group
12.2023 - Current
Vice President & Offshore Head- Risk Approvals & Risk Identification (HASE)
HSBC Group
05.2021 - 11.2023
Senior Risk Approver (Wholesale Market Risk - APAC)
HSBC Group
11.2016 - 12.2018
Vice President - Sales Commercial Banking (Payments & Cash Management)
HSBC Bank India
07.2014 - 11.2016
Vice President Commercial Banking
HSBC Bank India
04.2012 - 07.2014
AVP -Risk Analysis Unit
HSBC Bank India
04.2010 - 04.2012
Senior Corporate Credit Analyst & underwriter
HSBC Global Banking (GSC)
07.2007 - 03.2010
Manager; Commercial Banking Division
Indian Bank (PSU)
06.2006 - 07.2007
Diploma in Cyber Law -
Asian School of Cyber Laws
JAIIB -
Indian Institute of Banking & Finance
CAIIB -
Indian Institute of Banking & Finance
MBA - Finance, Marketing
IBS (ICFAI Business School)
B.Tech - Electronics & Instrumentation
Maharana Pratap Engineering College
Certificate In Trade Finance -
Indian Institute of Banking & Finance