Summary
Overview
Work History
Education
Skills
Achievements
Timeline
Generic
Vaithyanathan R

Vaithyanathan R

Fraud Risk Management ( FRM )
SHENOY NAGAR CHENNAI

Summary

About : More than 14 plus years of experience in the Banking Industry .Specialization in Fraud Risk Intelligence in cards / Payment Business .Currently handling the Payment Fraud Risk Management team at Yes Bank .

Overview

15
15
years of professional experience
1
1
Language

Work History

Senior Manager

YES BANK LTD.
06.2022 - Current
  • Handling FRM desk - 24/7 - which includes Real time Frauds, secure & unsecure frauds ,Vishing Frauds along with Visa risk manager & Master cards Real time alert monitoring
  • Core Job includes mitigating the fraud exposures which are happening in Real time systems
  • Leading the team of 40 plus staffs along with authorization officers
  • Heading Revenue Generations team along with FRM to contribute in terms revenue to the Bank by way of EMI & LE (Limit Enhancement ) alerts where by contributing close to 10 cr per month with the annual target of 120 cr competing with all the other channels of the Bank
  • Applications include – Falcon systems , Vision Plus
  • E guard , Tident , Accosa along with Global systems which includes VRM & EMS monitoring
  • Autentication declines form major part of fraud prevention as most of the frauds are arrested at the authentication level through the vigilant fraud monitoring systems like E-Guard & Trident Applications .

Manager

HDFC BANK LTD
08.2016 - 06.2022
  • Handled Infinia authorisations desk for 1 year – which includes skimming & Real Time Frauds
  • Handled high net worth customers in the infinia desk
  • Highlighted many Fraud trends to the management which resulted in saving the further exposure at the card Level
  • Handled the HRC process
  • Handled Regional portfolios for 2 years , activities include - DAE {Smart EMI),LE(Limit Enhancement) JUMBO & INSTA Loan conversions – Supported for Revenue Generations to the Bank
  • Handled Declinal calling & CNP unsecure desk close to 2 years & 5 months –
  • Declinal Calling desk includes – International Flag Enablement , International Limit Enhancement , Domestic Limit Enhancement , & Incorrect Pin Parameteters
  • CNP unsecure – mostly includes online frauds
  • Focus & Responsibilities Part includes - Account detection Rate , First Fraud detection rate, Alert to Pick Up ,V block strike Rate
  • Successfully completed the ISO certification external audit for 2 years which is conducted for the Risk – Transaction Monitoring process at the unit level
  • Risk Dialer Grandstreaam IP Phone Project – Successfully Intergrated the Risk Dialer calling for the declinal calling desk recently by replacing the Manual voice logger Phones
  • Successfully implemented the Inbound Calling for CBCI - V block removal process via Live calls which reduced the TAT time for V block removal & avoided customer incoveniencies .

Team Lead / Senior Analyst

Standard Chartered – Scope International
09.2014 - 08.2015
  • Carefully monitoring the legal and regulatory environment through various methods for AML compliance and Laws
  • Review and investigate incoming and outgoing Wire Transfers
  • Analyze data to identify current or emerging trends linked to illegal activities
  • Reviewed DOI and Addendum (Process notes ) as and when required to ensure process is risk free
  • Conducted refresher /process trainings for the team members
  • Provided support and shared best practice across the team members
  • Provided input to continuous improvement and be receptive to change.

Team Lead

TCS, Tata Consultancy Services
02.2007 - 08.2014
  • Mortgage Loan operations & Transaction Monitoring -,
  • Extensive Knowledge in consumer Bankking operations includes – New Mortgage account opening – KYC Check , Account closures , Discharge Settlements , payouts , New Business etc
  • Involved in cross training activity within the International Consumer Assets team by learning the settlements discharge team process & Guam Loan operations Maintenance Activity
  • Awarded the SME Role for Mortgage Loan operation Process & conducted many process trainings for the new joinees
  • Involved in RCSA Audit , Infosec Audit , Process Audit & COPC Audit by representing the team
  • Onshore Migration Experience in AML : Involved in the migration process of AML and worked as a AML Specialist in CITI Bank-Malaysia for KYC & AML Process during the TCS employment
  • Involved in Transaction Monitoring / Reviewing the Card Frauds & Cheque Frauds for USAA Bank Project – United services Automobiles Association @ TCS siruseri Location
  • Topper for the V blk strike rate in catching the Frauds continuously for 1 yr and received the clinet awards twice
  • Imparted my best Practices of Fraud catching skills to the onsite analysts @ Mexico as a training pogramme through VCN network
  • Knowledge & Skills :
  • Familiar with PRM ,Vision Plus ,CBCI ,CMS ,CRM & Flexcube systems
  • Possess Ability to successfully influence many different groups and individuals to deliver high quality and timely deliverables
  • Has the ability to utilize multiple systems & different process .

Education

Inter -

ICWAI

B.COM - undefined

S.N.R SONS College of Arts & Science

Skills

Strategic planning

undefined

Achievements

  • Exceeded Goals and expectation; conducted Skills assessment , performance management,development feedback and coaching of employees.
  • Defined Customer Goals and development solutions that cultivated strong relationship with customers.
  • Contributed to the unit in maintaining the fraud detection strike rate by more than 95 %
  • Key performer in terms of revenue generation to the unit by competing with other channels of the Bank .

Timeline

Senior Manager

YES BANK LTD.
06.2022 - Current

Manager

HDFC BANK LTD
08.2016 - 06.2022

Team Lead / Senior Analyst

Standard Chartered – Scope International
09.2014 - 08.2015

Team Lead

TCS, Tata Consultancy Services
02.2007 - 08.2014

Inter -

ICWAI

B.COM - undefined

S.N.R SONS College of Arts & Science

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Vaithyanathan RFraud Risk Management ( FRM )