Summary
Overview
Work History
Education
Skills
Timeline
Generic

Vanchinathan P

Banking - Process Risk and Audit
Chennai

Summary

"Talented team lead with 19 years of experience, currently seeking a position in a challenging environment that fosters growth and advancement. I aim to leverage my extensive experience and skills to contribute as a valuable team member. Recognized for seamlessly integrating into teams and adapting to diverse work environments, I consistently deliver quick, efficient work while upholding a high standard of professionalism."

Overview

20
20
years of professional experience

Work History

Team Lead

ICICI Bank Ltd.,
11.2022 - Current
  • Leading a Central Team responsible for mitigating collateral and operational risks within the retail asset portfolio, focusing on Gold Loan and Agri products.
  • Process and evaluate jewel loan applications, ensuring strict adherence to the bank’s lending policies and guidelines.
  • Monitor the portfolio continuously to proactively identify triggers and breaches, ensuring timely audits and mitigating collateral risk at the portfolio level.
  • Prepare detailed audit reports highlighting critical findings for presentation to Senior Management, Product Team, and Compliance Team.
  • Recommend improvements in processing procedures to enhance efficiency and risk management.
  • Collaborate with branch managers and loan officers to address audit findings and implement corrective actions.
  • Conducted regular progress reviews with stake holders and provide guidance on new policies and processes.
  • From May 2024 onwards, oversee the Data Base Hind sighting portfolio for all Retail and Agri products, ensuring compliance and risk mitigation.
  • Prepared samples for pouch audit of jewel loans as per the predefined approved notes and conducted various analyses to identify grey areas for risk mitigation and process improvement.
  • Promoted a positive work environment by fostering teamwork, open communication, and employee recognition initiatives.

Regional Processing Manager - Process Risk & Audit

ICICI Bank Ltd.,
07.2018 - 11.2021
  • Headed a team of 5 Process Managers responsible for Tamil Nadu and Kerala regions, overseeing timely audits of Jewel Loan (JL) portfolios and reporting.
  • Conducted process audits by visiting branches across Tamil Nadu and Kerala, identifying frauds and process lapses, and suggesting improvements.
  • Observed grey areas with potential for fraud and recommended enhanced processes to mitigate risks.
  • Empowered team members to take ownership of their roles by providing clear expectations, guidance, and support in achieving personal performance objectives.
  • Conducted meetings with business and policy teams to discuss major audit findings and recommend strategic improvements.
  • "During my tenure, I led a high-performing team where all five members, including myself, were promoted due to our exceptional performance."

Process Manager, Process Risk and Audit

ICICI Bank Ltd.,
12.2012 - 06.2018
  • Managed policies, procedures, and practices governing the Gold Loan and Agri business segments to ensure compliance with regulatory guidelines.
  • Led a team of specialists with expertise in the valuation of gold ornaments and conducted stock audits of branches to assess portfolio quality.
  • Increased overall productivity by providing training and support for team members in best practices and techniques.
  • Regularly visited branches to identify process gaps, operational inefficiencies, and compliance issues.
  • Analyzed audit reports to identify valuation gaps and discrepancies, providing detailed reports to senior management for strategic decision-making.
  • Conducted regular training sessions for branch officials to improve processes, enhance compliance awareness, and uphold operational standards.


Sales Manager

Metlife India Life Insurance Company Ltd.,
02.2012 - 11.2012
  • Managed Karnataka Bank and Corporate Channels to drive insurance sales and business development initiatives.
  • Led a team of 6 members, providing guidance, coaching, and support to achieve sales targets and objectives.
  • Conducted regular visits to branches to foster relationships, support new business development efforts, and initiate activities through Financial Planning Consultants (FPCs).


Associate Sales Manager

Birla Sunlife Insurance Company Ltd.,
06.2008 - 01.2012
  • Managed nine corporate channels, cultivating and maintaining strong business relationships to drive sales in financial services, including insurance and unit trusts.
  • Conducted training sessions for corporate agents and staff to enhance product knowledge and keep them updated with the latest developments in the insurance industry.
  • Achieved promotion to Associate Sales Manager in April 2010 and subsequently to Senior Sales Manager in November 2009.
  • Consistently exceeded sales targets, achieving 150% of target for five consecutive quarters.
  • Recognized for exceptional performance in Q1 & Q2, 2009, achieving 180% of sales targets and qualifying for the "Dubai Meet 2009."

Financial Planning Consultant (Senior Executive)

AVIVA Life Insurance Company Ltd.,
07.2006 - 05.2008
  • Engaged with bank staff to generate leads and facilitate sales closures in financial services, specializing in insurance products.
  • Provided personalized financial planning advice to clients, aligning solutions with their financial goals and risk tolerance.
  • Collaborated effectively with internal teams and external partners to ensure seamless service delivery and client satisfaction.
  • Enhanced client trust through clear communication of complex financial concepts in easy-to-understand terms.

Marketing Officer

Shriram Group of Companies
11.2004 - 06.2006
  • Managed a team of advisors to promote life and general insurance products and investment opportunities.
  • Provided training and guidance to advisors to enhance their sales skills and customer service capabilities.
  • Successfully increased new business acquisition and ensured high-quality service delivery to customers.
  • Increased brand awareness by implementing targeted marketing campaigns and strategies.

Education

MBA - Marketing And HR

AVC College of Engineering
Mayiladuthurai
04.2001 -

Bachelor of Arts - Commerce

Poompuhar College of Arts And Science
Melaiyur
04.2001 -

Skills

  • Expert in risk and compliance, with a strong ability to identify frauds and analyze risks in Banking
  • Proficient in process automation and skilled in logic development for automating various processes
  • Excellent analytical skills with a proven track record in data analysis
  • Effective coordination with all stakeholders and a result-oriented approach
  • Strategic planner with proficiency in streamlining business processes and continuous process improvement
  • Operations Management & Employee Evaluation

Timeline

Team Lead

ICICI Bank Ltd.,
11.2022 - Current

Regional Processing Manager - Process Risk & Audit

ICICI Bank Ltd.,
07.2018 - 11.2021

Process Manager, Process Risk and Audit

ICICI Bank Ltd.,
12.2012 - 06.2018

Sales Manager

Metlife India Life Insurance Company Ltd.,
02.2012 - 11.2012

Associate Sales Manager

Birla Sunlife Insurance Company Ltd.,
06.2008 - 01.2012

Financial Planning Consultant (Senior Executive)

AVIVA Life Insurance Company Ltd.,
07.2006 - 05.2008

Marketing Officer

Shriram Group of Companies
11.2004 - 06.2006

MBA - Marketing And HR

AVC College of Engineering
04.2001 -

Bachelor of Arts - Commerce

Poompuhar College of Arts And Science
04.2001 -

Similar Profiles

CREATE PROFILE
Vanchinathan PBanking - Process Risk and Audit