Risk Management & Compliance

  • Implemented the Enterprise Risk Framework in Cosmos Bank

  • Quickly turned around regulatory examination order facing some asset quality issues head on with methodology hailed as model for other banks facing critical audit issues in wake of new regulatory practices

  • Implemented the ‘Speak-up’ policy organization wide for all stakeholders

  • Influenced the Board to implement ‘Code of Conduct”, Acceptance of Gifts policy etc. to bring in best practices in Corporate Governance

  • Build new, perpetual revenue stream that replaced original portfolio profits

  • Developed and launched a risk/reward based lending strategy with strategic input into the Asset and Liability Committee at Corporate office and Executive Committee (Board level)

  • Established a new segment for Agricultural Income and improvised the credit underwriting process as well as maintained zero delinquency

  • Steered the opening of new segment of Project and Construction Finance to Developers and Builders.

  • Led the launch of joint project with Promoters and Builders Association

  • Opened up the segment of High Value Loans worth Rs. 1 crore and above. Identified and tied up with Developers for Business Development

  • Implemented the Risk Frame Work across the functions, conducted cross business wide Operational Risk Assessment.

  • Core team member for roll out of Risk and Control Assessment mechanism across all lines of business

  • Core team member for drafting of Credit Lending Policy, Operational Policy and processes and Sales Incentive Scheme

  • Identified and established relationship with major third party partners like Banks, Valuation companies, Insurance providers and Legal Consultants

  • Developed & implemented Credit Appraisal Systems as per the requirement of the international market with special reference to NRI market

  • Instituted the Know Your Customer (KYC) norms in the organization, specific to the region.

  • Received appreciation from Internal and External Auditors (PWC) for excellent internal controls and Portfolio Quality.

  • Oversaw all aspects of credit performance monitoring including the consistent application of credit policy

  • Developed, implemented, maintained and analysed accurate and timely MI (e.g. PQR) and presented the information in a clear and concise manner at a team, departmental and business level to allow for the effective management of the loan portfolios