Ajit Kumar

Experience

• 

  ABN AMRO Bank N.V.

  May 2003 - Nov 2005

  Sr. Officer-Credit Risk Management-Credit Card Division

  Final Credit Appraisal (Credit Underwriting) of Credit card applications and Vendor Management.Managing team size of 20 CPAs in the nightshifts as Team Leader-Pre-Processing Unit.

• 

  GE MONEY

  Nov 2005 - Jun 2006

  BRANCH CREDIT MANAGER-RLP-STPL

  Branch Credit Manager-RLP-ST-Personal Loan. Also lead a team for Skip tracing-Collection (3 to 8 MOB) for DELHI-North Region.

• 

  Deutsche Bank

  Jul 2006 - Dec 2007

  Manager-Credit Risk Management

  Managing Underwriting team and verification agencies PAN India. Set up Centralized Tele-calling Verification Agency with monthly call volumes of ~75000 along with Data Entry in systems.

• 

  Kotak Mahindra Bank

  Jan 2008 - Sept 2017

  Associate Vice President -Autorization & Fraud Transaction Monitoring-Credit Card Business

  In depth knowledge of Authorizations process & Fraud Management (Post Acquisition-Transaction monitoring) for Credit cards business. Adept in managing & leading teams for running successful process operations & experience of developing procedures, service standards for business excellence.Specialties:Extensive experience in the areas of Cards Authorizations, Fraud Control, Credit Underwriting & Vendor Management.Fraud Prevention, Detection & Investigations.Anti-fraud Strategies.Fraud awareness training and educational programs. Show less

• 

  SBI Card

  Sept 2017 - Sept 2021

  National Fraud Manager (VP) - Post Acquisition Fraud

  Responsible for Managing Transaction Monitoring & Employee Fraud as part of Fraud Risk Management- Post Acquisition Fraud Head- Detection. Setting up Strategies for minimizing Fraud Loss & Better Customer Experience through Various Fraud Monitoring tool. Rule framing for these systems based on Analytics & Fraud Trends. Responsibilities- Fraud Detection & Investigation, Anti-Fraud strategies, Financial crime, Fraud Awareness training & Educational program. Part of Major IT projects:• Successfully implementation of Visa VAA VRM system, MasterCard Expert Management system (EMS)• Two Switch Migration – FIS’s Connex to FIS’s IST & Electra (ECS) to FIS’s IST• EMV Card Migration for Visa & MasterCard cards• Migration of FALCON 4.7 version to FALCON 6.4 Version • Migration of PRM to FALCON 6.4 Version • VisionPlus Data Center Migration from Australia to India (18 yrs of Data).• Verification Agencies’ frontend system IOS Direct. Show less

• 

  HDFC Bank

  Sept 2021 - Mar 2024

  Unit Head (Vice President)- Rule Governance Analytics & Projects -RIC
• 

  Mastercard

  Mar 2024 - now

  Director- Franchise & Fraud Risk Lead - South Asia

  Payment Scheme

• 

  Mastercard

  -

  Director- Franchise & Fraud Risk Lead - South Asia