Raunak Kumar Email & Phone Number

Bengaluru, Ka, In

Bengaluru, Ka, In

Greater Bengaluru Area

Building and leading credit for Credit Cards in Maya PH.Ground up setting of Day 1 credit policy (STP and manual Understanding) using credit bureau and alternate data sources. A/B testing to support growth and risk mitigation ECL forecast and provisions Credit Risk benchmark setting

Bengaluru, Karnataka, India

Unsecured Risk Lead – HSBC India Cards Digital Lending• Led the risk team and managed the partnership with a leading digital aggregator from inception till launch.• Formulated the first no document digital credit policy leveraging bureau and alternative data. Drafted and implemented digital verification framework for digital lending (from application to card delivery withing 48 hours)• Managed the credit risk analytics team responsible for setting the risk appetite and benchmarks.• Engage with various stakeholders within the organization (product, underwriting, IT, fraud, operations), digital partner and vendors supporting the successful launch of the first digital aggregator partnership• Formulated the digital verification framework for digital personal loans enabling application to disbursal within 15 minutes.• Recognized by group CRO, regional CRO and country Head of risk for the effort and leading the risk team to first successful digital partnership launch.Asia Pacific Regional Unsecured Fraud Risk • Undertaken annual credit risk and 1st party fraud risk appetite setting for all Asia Pacific countries working with local risk and fraud leadership.• Drafted and implemented the unsecured risk verification framework catering to income, employment verification leading to appropriate limit/loan assignment and policy overlays for all Asia Pacific countries working directly with CROs/head of business/fraud/underwriting to mitigate unsecured credit abuse risk• Manage, review and challenge country fraud risk policies while engaging with country CROs/Risk heads to effectively mitigate fraud risk across various customer segments. Review and provide regional sign off to country risk strategies and policies.• Develop and manage digital lending fraud risk with appropriate use of various alternate data, internal digital data models and vendor model/solutions to effectively assess, develop and implement fraud risk architecture and solutions.

Bengaluru, Ka, India

Lead - New Account Opening Fraud Strategy• Developed multiple policies / strategies to mitigate application fraud risk for general purpose, Private Label and cobrand cards portfolio leveraging various fraud scores and tools through rigorous analytical methods• Developed comprehensive application fraud dashboard to regularly monitor effectiveness of application fraud and CIP/KYC controls • Partner with operations, financial crimes, vendors and technology to ensure successful deployment of strategies, deep dive into special cases and SOP creation• Partner with specialized vendors from the industry to explore new scores /tools. Have worked on 3 cards application fraud score retro analysis and currently working on other POCs with vendorsLead – Private Label Credit Risk Acquisitions Strategy• Setting up and leading a team of specialized analysts to manage cobrand/Private Label credit risk acquisitions strategy• Developed multiple credit risk underwriting and initial line assignment strategies/policies as part of risk mitigation strategy for $8B portfolio• Partner with stakeholders from operations, technology, product and relationship managers to ensure smooth deployment and implementation of credit risk management strategies • Monitoring and maintaining robust credit risk management framework as part of regular credit risk audits partnering with the corporate credit quality assurance and other audit teamsLead – Recruitment, Learning & Development initiatives for the consumer credit risk team • Leading the summer internship program for consumer credit risk team • Led and managed learning and development program for 140+ team for 3 years working closely with corporate L&D team

Bengaluru, Karnataka, India

Lead - Cobrand cards credit risk acquisitions strategySetting up and leading a team of specialized analysts to manage cobrand credit risk acquisitions strategyDeveloped multiple underwriting and line assignment strategies/policies as part of cobrand cards credit risk mitigation strategy Lead - Branded/Cobrand cards new account opening fraud strategyDeveloped multiple policies / strategies to mitigate application fraud risk for general purpose and cobrand cards portfolio leveraging various fraud scores and tools through rigorous analytical methodsDeveloped comprehensive application fraud dashboard to regularly monitor effectiveness of application fraud and CIP/KYC controls Partner with operations, financial crimes, vendors and technology to ensure successful deployment of strategies and deep dive into special cases

Bengaluru Area, India

Partnership Cards Credit Risk Strategy Development (Acquisitions)Acquisition fraud strategy development for consumer and partnership cards

Noida Area, India

Credit underwriting strategy • Designed credit risk acquisitions underwriting strategy for U.K. SME lending portfolio to manage risk and maximize return • Identification of key variables through decision tree segmentation on SAS and SAS E Miner to predict low risk and high return segmentsUK industry sector analysis: • Regular analysis/deep dive of key industry sectors in the U.K. economy to identify trends and performance. Learnings from this analysis were incorporated in the credit risk underwriting strategy if required • Analysis of Barclays sector performance against overall UK • Papers presented to risk committee on various sectors performance e.g. Oil & Gas sector, construction, hospitality & travel etc.BREXIT Impact Analysis: • Stress testing the portfolio to assess the impact of BREXIT on delinquencies/losses • Credit tightening as an aftermath of BREXIT

Multiple

Credit risk account management and authorization strategy development and monitoring for credit cardsCredit limit increase and credit limit decrease strategy development Manual credit underwriting policy / rules monitoring and development

Mumbai Area, India

A short stint with one of the most valuable analytics solutions providerDeveloped market mix models for a leading CPG client's baby care product based out of EuropeDeveloped Price elasticity models to refine pricing of the product compared to peers in the industry

Budapest, Bucharest, Bangalore, Sofia, Frankfurt, Vienna, Paris

-Transition and offshoring consulting-Due Diligence-3 onsites to Europe-Process mapping and optimization on Visio and project-FTE impact analysis-Offshoreability analysis-Complete transition of Project from inception to BAU involving 5 toll gates

New Delhi, Delhi, India

Design of Digital circuits Using VHDL(Very High Speed Integrated Circuit Hardware Description Language)Simulation of basic Logic gates and combinational circuit(Full Adder, Subtractor) using VHDL on Model Sim software.

New Delhi, Delhi, India

Study and design of constant current power supply(12V)

Master'S Degree, Information Management, Business Analytics, First Class With Distinction

Activities and Societies: Class representative, member of placement commitee, Member of Basketball team, Organizing member of Inter.

Bachelor Of Applied Science - Basc, Electronics, First Class With Honours