PRAKASH KABRA
Mumbai
Summary
Experienced credit risk management expert skilled in identifying and mitigating credit risk through effective controls. Proficient in underwriting, scenario analysis, and stress testing exercises. Recognized for managing portfolios and proposing best-fit financial products for high customer satisfaction. Adept at building high-performance teams and driving positive change through process improvement and digital transformation initiatives.
Overview
21
21
years of professional experience
Work History
Senior Director- Rating
Infomerics Valuation & Rating Pvt. Ltd.
Mumbai
07.2020 - Current
- Managed end-to-end rating activities with a sharp focus on delivering quality output in adherence to regulatory norms.
- Conducted analysis of Credit Ratios, Transition Matrix and Credit Default Rates to develop a highly effective benchmarking strategy
- Streamlined the review process for Rating Models, Rating Criteria, and Methodologies with strategic input.
- Overseen Internal & External Audits and reviews of Credit Risk Ratings to maintain alignment with regulatory requirements, industry best practices, SEBI, and RBI Guidelines alongside the latest notifications/circulars issued by regulatory authorities.
- Expanded Business from Existing Customers via Value-Added Rating Services Offerings
- Led and mentored team members, facilitated hiring and onboarding , set targets, conducted performance appraisals to support career growth. Empowered individuals through coaching and training to optimize their performance.
- Mentoring and coaching achieved improved employee engagement and skill proficiency within the Rating Analyst Teams.
- Implemented process improvements to transition from manual to digital platforms, resulting in smoother operations, increased productivity, streamlined workflow, and targeted financial savings.
Vice President
DBS Bank
Mumbai
10.2015 - 06.2020
- Developed and implemented an Early Warning Tool to proactively manage portfolios, resulting in improved operational efficiency and portfolio performance.
- Incorporated regulatory risk indicators in the early warning tool to ensure adherence with Basel III Guidelines.
- Led a team of analysts in providing strategic guidance on policy, industry trends, market intelligence, regulatory compliance, and fortified risk management.
- Delivered a strong risk governance framework, ensuring robustness and balance in the 2nd line challenge process for Commercial Banking Credit Portfolios.
Vice President
Citibank
Mumbai
06.2012 - 10.2015
- Anticipated emerging risks and implemented timely corrective actions for the Commercial Bank Portfolio based on thorough analysis of integrated data sources.
- Conducted Scenario Analysis and Stress Testing Exercises to simulate potential adverse events, market shocks, or macroeconomic downturns, and assess their impact on portfolio performance.
- Conducted sensitivity analysis through scenario-based simulations to detect vulnerabilities associated with various risk factors.
- Ensured continuous improvement in distressed account management
- Conducted regular reviews and assessments to monitor portfolio trends, evaluate effectiveness of workouts, and make necessary adjustments.
Assistant Vice President
RBS N.V.
Mumbai
12.2007 - 06.2012
- Evaluated the key elements affecting credit requests such as capacity to repay loans, adequacy of collateral provided, market dynamics including industry trends and regulations as well as operational risks.
- Provided comprehensive and supported recommendations for credit terms, pricing, covenants, and risk mitigation measures.
- Administered underwriting of fund-based proposals - Cash Credit, Overdraft, and Bill Discounting, and non-fund-based products - Letters of Credit, Bank Guarantee, and Buyer's Credit, delivering accurate results.
Manager
CRISIL Ltd.
Mumbai
01.2006 - 12.2007
- Conducted extensive analysis of issuer's financial statements, emphasizing revenue growth, profitability margins, cash flow generation, leverage ratios and liquidity position
- Summarized issuer's profile, financial performance, risk factors and credit outlook in rating reports.
Consultant
Ernst & Young
Hyderabad
08.2004 - 12.2005
- Demonstrated expertise in building financial models, conducting sensitivity analysis, and monitoring industry trends.
- Managed and successfully executed projects in diverse industries including Pharmaceuticals, Real Estate, and State Government.
Associate Consultant
Cygnus Business Consulting & Research
Hyderabad
06.2003 - 07.2004
- Researched extensively in the automotive and auto-ancillary sectors to gather crucial industry and company data.
- Prepared Research Reports encompassing industry characteristics, market structure, competitive landscape, key player profiling, global trends, government regulations, financial analysis, and industry outlook.
Education
Certification in Enterprise Risk and India Regulation -
NISM and Institute of Risk Management (IRM)
01.2024
Master of Business Administration (MBA) - Finance
ICFAI Business School
Hyderabad01.2003
B.Com. - Accounting
Ravenshaw College
Cuttack, Orrisa01.1999
Certified Enterprise Risk Management
Institute of Risk Management
MumbaiSkills
- Credit Risk Analysis
- Loan Underwriting Expertise
- Audit Compliance Oversight
- Risk Assessment Techniques
- Process Optimization & Workflow Automation
- Proactive Risk Identification
- Data-Driven Financial Analysis
- Relationship Management Skills
- Data-Driven Decision Support
- Collaborative Leadership
- Team Development
Languages
Hindi
First Language
English
Proficient (C2)
C2
Accomplishments
“Award of Excellence” -2022 – 2023 in recognition of exceptional performance and contribution to organizational goals at Infomerics Ratings
Affiliations
- Reading books
- Travelling
- Playing Chess
Personal Details
- Date of Birth - 23rd February 1978
- Nationality - Indian
- Marital Status - Married
References
References available upon request.
Timeline
Senior Director- Rating
Infomerics Valuation & Rating Pvt. Ltd.
07.2020 - Current
Vice President
DBS Bank
10.2015 - 06.2020
Vice President
Citibank
06.2012 - 10.2015
Assistant Vice President
RBS N.V.
12.2007 - 06.2012
Manager
CRISIL Ltd.
01.2006 - 12.2007
Consultant
Ernst & Young
08.2004 - 12.2005
Associate Consultant
Cygnus Business Consulting & Research
06.2003 - 07.2004
Certification in Enterprise Risk and India Regulation -
NISM and Institute of Risk Management (IRM)
Master of Business Administration (MBA) - Finance
ICFAI Business School
B.Com. - Accounting
Ravenshaw College
Certified Enterprise Risk Management
Institute of Risk Management
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