Praveen Kumar M K
Bangalore
Summary
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
20
20
years of professional experience
Work History
Financial Risk Manager
Standard Chartered Bank
12.2021 - Current
- Managing Pan India CCPL Vendor management in screening and sampling activities
- Pre and post investigations for the cases which are highlighted by collections team
- Handling BB BIL/LAP & Mortgage products for Bengaluru location in screening and sampling activity
- Training and Managing third party Agencies and the agency activities on time to time basis
- Managing Pan India all product MIS centrally and creating management reports
- Adhoc MIS & hind sighting activities for CCPL products.
- Prepare periodic updates and reports.
- Maintain workflow tracker & conduct random checks.
- Prepare Quarterly & yearly Audit related reports and resolution on queries raised on Internal & External Audits.
- Maintaining Large data MIS on multiple products
Manager - Fraud Risk Team
L&T Housing Finance
12.2018 - 12.2021
- Handling Retail Assets platform majorly includes Home Loan Fraud Risk team for Pre sanction & Post sanction on lending capital & handling multiple Processing Center (Lalbagh road, Hebbal & Mysore)
- Fraud Risk Investigation on Pre Disbursement and Post Disbursement fraud cases
- Handling Fraud Prevention tool (Hunter) in loan origination system (LOS) & Loan Management system (LMS)
- Conducting field investigation verifications including Collateral & Valuation visits & Underwriting compliances
- Conducting due diligences on Customer foreclosures including earlier Settlement cases, Auction proceedings & assisting receivables & legal team on skip tracing of the customer
- Conducting due diligences on delinquencies on sample basis based on triggers
- Assessment of reports provided by Third party agencies & conducting required due diligences
- Training and Managing third party Agencies and the agency activities on time to time basis
- Convergence of regulatory compliances & its relevant implementation in the day to day work
- Taking active participation in process improvement and automation.
Area Manager
ICICI BANK LTD (Fraud Risk Team) FCPG
12.2013 - 12.2018
- Handling Retail Assets Fraud Risk Team - Bangalore (Home Loan,Personal Loan, Auto Loan, Commercial vehicle/Equipment’s RIBG & BLG products like Commodity Base Funding, working capital OD etc
- Credit card)
- Handling Hunter Cases and checking the reason for decline in other banks through internal contacts and updating the case as per the decline
- Handled Liabilities Risk Team – Bangalore (All Liability products) for a year cross verifying all the KYC documents provided by the account opening team is accurate and mitigate the risk by finding the fabricated/fake documents, signature forgery etc
- Conducting Reviews and surprise seeding activities on branches to check if the branch is following the procedures as per the circular maintained by the bank
- Investigating on Decline cases for the Customer/employee/ DSA executive accountability
- Providing the Data Analysis on the Decline made by the team on weekly and bi-weekly basis
- Training and Managing verification Agencies and the agency activities on time to time basis
- Coordinating with Regional Compliance team on investigations of any fraud related activities
- Coordinating with Regional Compliance team on Monthly meeting with sales team and Zonal Heads discussing and taking action of declined case
- Ensuring the Agency Bills checked and bill passed to the Account maintenance team
- Ensured that the Circular of bank are adhered by the team while processing the KYC documents
- Taking active participation in process improvement and automation
- Update the MIS/KPI on a daily, weekly or monthly basis
- Escalates issues as required to the higher management.
Investment Banking - Ops
JPMorgan Chase
05.2008 - 12.2013
- IB – Loans (Trade Allocations) (Oct 2010 – Dec 2013)
- Creating wiring instructions setup (International money transfer) i.e IMT202, IMT103 & combinations in Loan IQ System
- Changing Servicing groups in LoanIQ where the loan notices are generated and sent to the client
- Approving (Bi-lateral) loans for all Asian clients & providing allocations for L/C (Letter Of Credit) & Standby letter of credits (SBLC) to all Asian banks depending on the parameters set by the credits team
- Creating NRGL (Non Revolving Guidance line) under the Clients Facility
- Adding the Allowable Drawdown & Raising the Single transaction facilities in ARC system
- Weekly Recon for all Asian clients on weekly basis
- Ensure all loan transactions & the volumes for the day are completed during the given deadline
- Ensure all the findings with in the SLA are been completed the same day
- Keeping track of the open items and taking appropriate action within the deadlines provided
- Ensure that the standard operating procedures are adhered to and are always updated
- Taking active participation in process improvement and automation
- Update the MIS/KPI on a daily, weekly or monthly basis
- Ensure adherence to the quality control standards that have been set for the process
- IB – Loans (SLT Affirmations) (Mar 2010 – Oct 2010)
- Contacting clients to make sure there are no discrepancies in the trade details by the client & JPMorgan Internal systems like Loan IQ & Agency Loan IQ
- Timely follow ups with the agent / customer for any notifications
- Keeping track of the open items and taking appropriate action within the deadlines provided
- Ensure that the standard operating procedures are adhered to and are always updated
- Taking active participation in process improvement and automation
- Quality check for every trade before delivering it to Client
- Update the MIS/KPI on a daily, weekly or monthly basis
- BAU Reports on a daily, weekly or monthly basis
- Process transactions on the loan system, Monitor the loan maturity report and loan queue
- Training, BCP and other BAU transactions are completed within the deadline.
E-Trading Middle Office
GCSA
05.2008 - 03.2010
- On boarding of counter-parties (who wish to trade in short term investments) on an etrading JP Morgan owned Platform called JPMORGAN Express short term which deals with products like (Agency Discount Notes ; Commercial Papers Money Market Mutual funds Time Deposits & Repos) on obtaining appropriate approvals from Traders ; Salesperson & Business Heads
- The process also involves checking the client credit/Notional limits along with ensuring that all the necessary pre-requisite documents for on boarding are in place
- Preparing/Validating & Updating Standard Operating Procedures (SOP) on regular basis
- Attending various Conference calls with onshore team
- Preparing Reports & Reconciliations on different e-trading platforms of JPMorgan like Market Wire; Market Axess & Vendor platforms like Trade Web; Bloomberg etc on periodic basis for all trade details to the Higher Management & Business heads of various departments of Fixed Income & Credit & Rates
- Reconciling & Clearing the exceptions to identify any Mapping issues in JPEX BBG, Trade Reader, Trade Router, Bondvision, Trade web, Market Axess and Bloomberg to ensure there are no STP failures on trades
- Providing the ADHOC Reports to Salesperson, Business heads & Senior Management on the type of request on priority basis
- Training & Mentoring New hires by making them work on UAT systems & Reverse shadowing their work
- Preparing KPI (key performance Indicators) producing it to the Management on weekly and Monthly basis
- Ongoing Quality check for each any every work before delivering it to Onshore.
Check Research Adjustments Commercial Banking- Ops
HSBC
08.2004 - 05.2008
- Solving the Cases by finding the cheques endpoint which involves various source of endpoints like National clearing house, EDIBanx, Branch Reconciliation, GL Reconciliation, Pre-encoded customers, Federal Reserves banks, Utility customers etc by debit/credit their savings account
- Worked on different ledger accounts like Branch account, GL Account; MCP Account & Internal & Federal holdovers
- Conducting Quality Check for cases
- Solving Unresolved Cases
- Asigning & QC the work done through supervisory Access
- Mentoring performance of juniors in the process/Operation
- Handled Team effectively When Asst Manager not around (Backup for AMO)
- Preparing MIS and other business area reports.
Education
B.Com -
Seshadri Puram Degree College
BengaluruMBA - Finance
EIILM
BengaluruHigh School Diploma -
APTECH Computer Education
BengaluruSkills
- UNIX
- Linux
- Java
- HTML
- JavaScript
- VBScript
- Visual Basic 60
- Front Page
- Networking with Windows 2000
- Strong analytical skills and have the capability of making and implementing an action plan
- Excellent analytical and logic building skills that help detect errors and inconsistencies and take remedial actions against them
- Superior written and oral communication skills
- Highly skilled in Reporting & Research activities
- Capable of handling high work pressure
Timeline
Financial Risk Manager
Standard Chartered Bank
12.2021 - Current
Manager - Fraud Risk Team
L&T Housing Finance
12.2018 - 12.2021
Area Manager
ICICI BANK LTD (Fraud Risk Team) FCPG
12.2013 - 12.2018
Investment Banking - Ops
JPMorgan Chase
05.2008 - 12.2013
E-Trading Middle Office
GCSA
05.2008 - 03.2010
Check Research Adjustments Commercial Banking- Ops
HSBC
08.2004 - 05.2008
B.Com -
Seshadri Puram Degree College
MBA - Finance
EIILM
High School Diploma -
APTECH Computer Education
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