Overview
Work History
Education
Skills
Timeline
Generic

Ravi Verma

Senior Consultant
Mumbai,MH

Overview

10
10
years of professional experience
5
5
years of post-secondary education

Work History

Senior Consultant

Ernst & Young LLP
Mumbai, Maharashtra
07.2019 - Current

Experience
Banking & Financial Services
Ravi has performed Name Screening process in IDFC Bank against OFAC Sanctions, Special Designated Nations, Special Interest Persons & Relative Close Associates, Politically Enforced Persons & Relative Closed Associates, Other Official Lists and Adverse Media Entities for following environments:
Employee, customer, vendor/third party on-boarding
International Financial Institutions on-boarding: Vostro, Nostro, Exchange House, RMA Key Exchange House, Special Non-Resident Rupee Accounts
Letter of Credits, Bank Guarantees, Import & Export Bill Collections
Parties, ports, countries and vessels involved in trade finance transactions

Ravi has assisted in designing, deployment & implementation of Fraud Risk Monitoring & Management System in NPCI. His roles and responsibilities included:
Planning, creation, execution of test cases, document test results and classify performance issues
Creation of rules/ triggers
Analysis of alerts data and fine-tuning of rules/triggers in order to reduce false positives
Analysis of transactions data to identify new rules/triggers that can be added from fraud risk perspective
Performed data dictionary mapping to identify data elements that can enable enhanced monitoring
On-boarding of banks, ongoing training & support

Manager, Anti-Fraud

Fino Payments Bank
Mumbai, Maharashtra
05.2018 - 07.2019

Setting up and implementing the fraud risk management framework in the bank for:

  • Prevention
  • Detecton
  • Response

Compliance Manager

IDFC First Bank
Mumbai, Maharashtra
12.2015 - 05.2017
  • Incorporated & implemented day to day processes in order to run seamless fraud risk operations
  • Handled end to end Debit Card Transaction Monitoring.Configured, fine-tuned business rules/triggers.Identified & closed technology gaps & process lapses
  • Performed Sanctions Screening & Trade Based Money Laundering checks
  • Handled Regulatory Reporting & Compliance.Prepared Standard Operating Manuals, Process Notes, Training Materials & User Guides
  • Effectively liaised with card networks, technology service providers and peer banks in order to collate & use intelligence on prevailing market information

Assistant Risk Manager

National Payments Corporation Of India
Mumbai, Maharashtra
09.2011 - 12.2015
  • Assisted in design & deployment of Fraud Risk Monitoring & Management Solution, on-boarded & trained more than 80 banks
  • Analyzed financial transactions to determine irregularities and suspicious activity
  • Performed regular analytics on transaction data, identified various Common Points of Purchase, prevented future misuse. Configured, fine-tuned business rules/triggers
  • Shared MIS, reports with internal & external stakeholders

Education

MBA - Marketing & Finance

Jaipuria Institute Of Management
Lucknow
04.2009 - 03.2011

Bachelor of Science - Physics, Chemistry & Maths

Bareilly College
Bareilly
04.2005 - 03.2008

Skills

Fraud Risk Assessment

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Timeline

Senior Consultant

Ernst & Young LLP
07.2019 - Current

Manager, Anti-Fraud

Fino Payments Bank
05.2018 - 07.2019

Compliance Manager

IDFC First Bank
12.2015 - 05.2017

Assistant Risk Manager

National Payments Corporation Of India
09.2011 - 12.2015

MBA - Marketing & Finance

Jaipuria Institute Of Management
04.2009 - 03.2011

Bachelor of Science - Physics, Chemistry & Maths

Bareilly College
04.2005 - 03.2008
Ravi VermaSenior Consultant