Varun Sharma
Mumbai
Summary
Dynamic senior manager with a proven track record in driving business enhancements and growth through effective management development. Expertise in executing strategic initiatives that elevate team performance and increase organizational value. Visionary leader skilled in directing operations toward sustainable success and competitive advantage.
Overview
24
24
years of professional experience
Work History
Senior Vice President
Kotak Mahindra Bank Ltd
Mumbai
01.2024 - Current
- Acted as National Credit Manager for Vishwas Loans since January 2024, driving strategic initiatives.
- Developed policy framework and implemented modifications, collaborating with support functions to enhance compliance and risk management.
- Managed underwriting and risk for Vishwas portfolio, leading 53-member team across 40 locations in nine states to optimize decision-making.
- Directed portfolio size exceeding 3000 crores, achieving 40% year-over-year growth with delinquency ratios below 2%.
- Processed monthly volumes exceeding 125 crores, streamlining operations to meet organizational goals.
- Initiated product in late 2023, reaching profitability by mid-FY2526.
Vice President
Kotak Mahindra Bank Ltd
Delhi NCR
09.2010 - 12.2023
- Promoted to vice president from senior manager within banking vertical, demonstrating career progression and leadership growth since 2010.
- Managed portfolio exceeding 5000 crore, achieving monthly disbursements over 350 crore.
- Led experienced underwriting team of over 40 professionals across four states.
- Exceeded location disbursement targets through implementation of quality underwriting practices, enhancing overall financial performance.
- Evaluated early warning signals to manage stress accounts effectively.
- Partnered with legal and compliance teams to streamline technical collections and operations, ensuring adherence to regulatory standards.
- Served as regional credit manager for mortgages in Delhi, Haryana, Uttar Pradesh, and Chhattisgarh.
Deputy Manager
HDFC Bank
Delhi
08.2007 - 09.2010
- Supported retail assets unsecured underwriting division at HDFC Bank Ltd by evaluating credit applications for three years.
- Managed credit underwriting processes, ensuring thorough assessment and compliance with policies.
- Partnered with team members to enhance credit application evaluations, improving overall accuracy.
- Analyzed financial statements and credit reports to evaluate risk.
- Ensured compliance with bank policies and regulatory requirements.
Article Clerk
K. G. Sharma & Co.
Azadpur, Delhi
08.2004 - 08.2007
- Finalized tax audit reports by actively participating in audit processes, leading to timely submission and adherence to regulatory deadlines.
- Conducted statutory and internal audits, preparing comprehensive reports for chartered accountant review to ensure accuracy and compliance.
- Performed statutory and internal audits for diverse companies, ensuring regulatory standards were met and risks were identified.
- Executed RBI and CAG audits for public sector undertakings and banks, ensuring compliance.
Assistant (Accounts)
Grewal & Singh (Chartered Accountants)
Delhi
05.2002 - 06.2004
- Prepared and maintained accounts on Tally and customized accounting packages for clients.
- Conducted audits by checking vouchers for compliance and accuracy across various voucher types.
- Compiled trial balances and finalized various accounts to ensure accurate financial reporting.
Education
Chartered Accountant -
Institute of Chartered Accountants of India
05-2007
B.Com (H) -
Delhi University
01-2002
XII -
K.V. Shalimar Bagh
01-1999
Skills
- Portfolio management
- Risk management
- Risk assessment
- Team management
- Performance monitoring
- Planning and organizing
- Analytical skills
- Critical thinking
- Collaboration and teamwork
- Adaptability and flexibility
Areas Of Interest
- Listening Music
- Watching Movies
Personal Information
- Father's Name: Sh. Shri Krishan
- Date of Birth: 12/21/81
- Marital Status: Married
Languages
- English
- Hindi
Timeline
Senior Vice President
Kotak Mahindra Bank Ltd
01.2024 - Current
Vice President
Kotak Mahindra Bank Ltd
09.2010 - 12.2023
Deputy Manager
HDFC Bank
08.2007 - 09.2010
Article Clerk
K. G. Sharma & Co.
08.2004 - 08.2007
Assistant (Accounts)
Grewal & Singh (Chartered Accountants)
05.2002 - 06.2004
Chartered Accountant -
Institute of Chartered Accountants of India
B.Com (H) -
Delhi University
XII -
K.V. Shalimar Bagh