1. K.SAISHANKAR PATNAIK E-mail: saishankar05@rediffmail.com
Contact: +91-9584661975
Career Objective: To secure a challenging position in the fields of Risk Management, Internal Audit & Accounts & Finance in
accordance with my knowledge, skills and area of interest in a way contributing to the best to the organization for reaching to a
greater height in terms of responsibilities. Expect to work in a professional environment that can bring out the best out of me and
thereby ensure Organizational as well as Personal growth & development.
Proficient At:
Operational Risk Management, Credit Risk Management, Financial Risk Management, Control & Compliance, Risk & Control Self-Assessment,
Audits – External & internal, Best Practice Implementation, Multi Cultural & Cross Functional People Management, Accounts & Finance
SYNOPSIS
 A Master in Business Administration (MBA) with specialization in Finance, having more than 14 years of experience in
Risk Management, Portfolio Risk Management, Internal Audit and Accounts & Finance.
 Currently Associated with RBL Bank (Ratnakar Bank Ltd.) as Senior Manager Risk based at Bhopal, MP (Since June’13)
 Previously worked as Manager- Internal Audit & Risk Management with SV Credit Line Pvt. Ltd. (SVCL) based Gurgaon
(Nov’11 to June’13).
 Achieved Cost saves as a result of maintaining strong control environment-minimal operational losses, internal frauds and
zero Regulatory breaches.
 Assisted in achieving cost saving as a result of re-engineering of risk and control function in the region.
 Attained 100% successful Regulatory & Internal controls through rigorous Risk reviews & analysis.
 Experience in Delinquency Management, critical Risk Analysis & Portfolio Management as well as liaising with
Collections in Resolution of Delinquent cases.
Other Prior Work Experience: -
 2 years’ work experience with SV Credit Line Pvt. Ltd (SVCL, Gurgaon) as Manager- Internal Audit & Risk Management.
 6 years’ work experience with Bhartiya Samruddhi Finance Ltd. (BASIX-NBFC, Hyderabad), as a Sr.Executive
Monitoring & Risk Management.
 1 year work experience with Pellets Pharma Ltd., Hyderabad (EOU) as Manager – Finance & Internal Audit.
 18 months work experience with Hotel Trident Hilton, Bhubaneswar as Accountant.
 2 years 7 months’ work experience with ARM Ltd. (Tele Communication Company, Hyderabad) as Accountant.
 3 years CA Article ship with LSV Ramanan & Co. & M/s. Nalam Associates, Chartered Accountants as CA Article.
 Experience in preparing Company Reports and using MS Office & Tally.
ACADEMIC CREDENTIALS
 Master of Business Administration (Finance) from Alagappa University
 3 years Chartered Accountants Article ship
 M.Com from Brahampur University, Brahampur, Odisha
 B.com (Hons.) from Khalikote Autonomous College, Brahampur, Odisha
DETAILED PROFESSIONAL EXPERIENCE
Current Employment:
RATNAKAR BANK LTD (RBL BANK)–As Senior Manager Risk - Micro Banking. (June’13 onwards), taking care of 5
States
 Lead and manage a team of risk reviewers and ensure high quality of risk review at Business correspondents
and RBL Branches as per bank policy and procedure to identifying the risk associate with FI business
operations in early stage and suggest the Mitigants.
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2.  Engage with Business correspondents and RBL team on resolution of key risk identified; monitor the risk
through offsite and onsite mechanism and guide monitor the team to ensure achievement of the goal.
1. Team Management, Planning and Execution:
 Plan team requirement as per approved business plan.
 Provide functional training, orientation and refresher training to team to get desire result including goal setting.
 Prepare a team risk review plan as per policy and ensure 100% achievement.
 Monitoring of team movement, risk review execution and concern during risk review ongoing basis.
 Full fill the team administrative requirement of team like attendance, leave, travel claim approval etc.
2. Risk Review report quality assessment, escalation and compliance follow-up:
 Checking of quality of Risk Review Reports sent by the Risk Reviewer. Provide immediate feedback to the RR
and rate them.
 Checking & tracking of Overall sampling covered by the Risk Reviewer.
 Ensure timely reporting of Risk Review Reports by the RR.
 Compliance mechanism tracking of the Risk Reviewer.
 Ascertain how Risk Reviewer maintaining co-ordination with the BC DM/AM.
 Identify the area of training for BC, RBL Risk and Business team while review of risk reports.
 Escalation of key risk observations to BC and RBL team for corrective measure.
 Monitor the corrective action plan submitted by BC and RBL business team and co-ordinate for better
compliance.
 Escalation of pending compliance status to RBL business team and ensure timely compliance report.
 Escalate the repetition of issues and unsolved issue with BC and RBL team to achieve high standard compliance
environment.
3. BC Audit and Process Review & Management:
 Accomplishment of Risk Reviews: Ensure minimum of 4 Risk review/Risk Reviewer/month by covering 6-7
BC Branches.
 To review the BC Internal audit system and processes to measure their effectiveness, suggest the appropriate
system and procedure for them.
 To review of each BC Internal audit report to understand process gaps in BC processes.
 Send the alerts on high risk issues reported by BC internal audit team and monitor the BC correction measures.
 Prepare and share the quarterly RBL Risk observations report with BC and RBL Business team and organize a
meeting with their audit and business team to ensure the corrective measures reported issue.
4. Credit and Event Risk Monitoring and Follow-up:
 Monitor and review the OD/PNPA/NPA trend on regular interval with BC and RBL team.
 Escalation of high OD/NPA trend with BC and RBL team to get their attention to curb the trend.
 Understand the root cause of OD/NPA at Branch and regional level by randome visit to high OD/NPA
Branches.
 Ensure that credit risk in the region should not breach the benchmarking of 1%.
5. Risk based Monitoring visit including offsite monitoring:
 Surprise visit while risk review to measure the on-field performance of risk reviewer. Field visit to be done with
2 Risk Reviewers in a month.
 Visit to 2 critical branches (lowest rated) and drawn an action plan on their revival with co-ordination of BC and
RBL Team.
 Fraud investigation, reporting and review of corrective measure taken by BC and RBL team.
 Updating the off-side risk monitoring tool on-going basis, review of risk trends and risk MIS, rating trend of
RBL review and BC IA, compliance status etc.
 Risk and Control department- taking care of Branches of 5 states, covers planning and execution of operational risk
activities including risk identification, mitigation, monitoring and reporting.
 Provided pro-active operational risk oversight on key business initiatives.
 Identified Regulatory compliance requirements regionally and implemented necessary controls to ensure full compliance.
 Improved standard of Continuity of Business plans in the region, which translated into executable and robust Recovery
Strategies.
 Lead for Risk & Control Self Assessment, implemented and coordinated quarterly Self Assessment Programme including
Issue Escalation and management.
 Established a strong fraud management programme that minimised fraud losses.
 Designed and delivered a Pre-Risk Assessment Programme, resulting in successful Risk Reviews.
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3.  Process review of the Business & Operations department assisting the disbursement of loans and fraud prevention.
Review of Collections department, Collection agency and check proper & timely collection and quality in reporting.
 Identification of gaps/ loopholes in existing Policies/ Processes and providing adequate suggestions for improvement.
Ensuring adequacy and similarity in process adherence across Branches.
 Liaising with Business, Operations and Internal Audit department to analyze areas of improvement in terms of new
process implementations/ policy changes. Ensure Credit Policies are in line with the existing Market scenario and
mitigates risk to the highest possible extent.
 Continuously review and update the “Risk Manual” “Risk Review Report” and “Audit & Risk Control Guidelines”.
 Review and update on Fraud/Misappropriation case progress and make co-ordination with Branch/Region for legal
action.
 Escalation of high risk observations to HOD and Management for immediate attention and corrective action.
 Training & orientation to newly joined Risk team across India, in entire risk/audit process, and maintain the standardized
audit/risk process being followed, across regions.
 Identifies cause-and-effect relationships of a situation; Demonstrates ability to decide quickly, logically and objectively.
 Presentation to Management and Risk department on status of business process compliance and Risk findings across
functions of business operation.
 Having knowledge of Assets/Liabilities Management, forecasting Net Interest Income (NII).
 Risk profiling & risk mapping.
 Portfolio Analysis, Delinquency Monitoring and Non-Starter Analysis.
 Liaising with Operations to eliminate operational inefficiencies.
Past Employments:
SV CREDIT LINE PVT. LTD (SVCL) - Gurgaon, Manager-Internal Audit & Risk Management. (Nov’11 onwards)
 Develop the annual and monthly audit plan and approved the Audit Calendar on monthly basis.
 Monitor the audit calendar and ensure the timely execution/completion of audit process by all the team as per the
planning.
 Proactively list out the high risk issues during review of reports and visit to Branches/region wherever high risk issue
reported.
 Consolidation of all audit report after getting compliance and develop the company wise audit report and review system.
 Review the branch wise audit rating trend and highlight the low audit performance branch for management purview and
special audit drive.
 Escalation of high risk audit observations to HOD and Management for immediate attention and corrective action.
 Controlling MIS audit team who to review auditor’s report to find the key points as required to Management presentation.
 Monthly presentation of summary of audited reports across the regions, indicate and highlight the sensitive issues and
measure to mitigate the risk potentiality.
 Developing & Implementation of Audit reporting tool.
 Committed to formulation & implementation of systems and procedures; Strives to improve existing systems & is willing
to reengineer process from scratch.
 Review of key business processes and recommend process improvement to Management team.
 Understands organizational interests, supersedes individual & departmental interests; Recognizes organizational
constraints; Relates employee performance objectives to key values & strategies of the organization.
 Follow-up and achieve 100% compliance status on audit observation and engage management for critical audit/risk
review and compliance status.
 Identification, mitigation and provide suggestions to minimise & avoid risk relating to portfolio, credit, Information
Technology etc.
 Investigation of frauds committed by external agencies/ staffs is the core area of Assets audit.
 Identification of gaps/loopholes in existing process/ Credit policy/ other policies and identification of operational risks
based on detailed analysis of practical business environment and other risk factors.
 Liaising with Collections to ensure effective recoveries.
 Suggesting Non Target Segments, High Risk Profiles & Negative Areas.
PELLETS PHARMA LTD. (EOU)-Hyderabad, Manager Finance & Internal Audit (April’11 onwards)
Key Responsibilities:
 Ensure maintenance of Accounts by following the policies & procedures.
 Verification of Export Sales invoices by ensuring every procedure should be followed for exportation.
 Ensure timely deduction & deposit of PF, ESI & PT of employees to the department.
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4.  Communication with higher management and providing suggestions regarding cost reduction & efficient management of
funds.
 Complete knowledge of preparation of project reports & financial reports for raising Term Loan from commercial Banks.
 Verification of Purchase Orders & monitor the Purchase Department in respect of right price, quality & quantity.
 Ensuring good systems to avoid loss of materials during the storage and develop good MIS for efficient management of
stores.
 Effective Vendor Management, including Staff training and monitoring.
 E2E TAT adherence and monitoring/ analysis.
 Rationalizing resources and minimising wastages.
 Ensuring minimization of Cheque Bouncing trends.
 Periodical Channel & Vendor Analysis.
 Adhering to laid down processes, meeting Audit requirements and ensuring proper Audit Trails.
 Maintenance of Vendor Agreements, KYC, and monitoring the process of Agency/ Staff appointment/ termination.
BHARTIYA SAMRUDDHI FINANCE LT. (BASIX) - as Senior Executive Monitoring & Risk Management. (July’ 05 – March’11)
Key Responsibilities:
 Having effective techniques of portfolio management & monitoring.
 Best practices of finding of risk & knowledge of how to control & prevent the same
 Risk profiling & having good techniques of manage the risk
 Having good knowledge & skills of Loan origination & appraisal.
 Responsible for importing data from Unit offices, analyzing and collating the data.
 Responsible for ensuring implementation of standard accounting procedures across the units.
 Responsible for preparation of BRS, TB, P&L account & Balance Sheet of the Company.
 Having good knowledge of Income Tax & Sales Tax works.
 Responsible for training the newly joined accounts staff in the units and also guiding the existing ones whenever required.
 Providing service to units on support required by units on administrative issues & undertaking important training
programmes Organising by the Company.
 Maintenance of Computerised Cash Book, Bank Book, Journal Register, Ledgers, etc.
 Preparation of Bank Reconciliation Statement, Interoffice Reconciliation statement, etc.
 Maintenance of Insurance Cash book & safeguarding Receipts & Documents
 Dealing with bankers, Auditors, customers and suppliers
 Ensuring the registration & renewal of Labour Certificate, Lease Agreements, etc.
 Understanding Macro & Micro trends of the concerned Industry/ Company.
L.S.V. RAMANAN & CO. & M/S. NALAM ASSOCIATES (Chartered Accountants) as Article Clerk & Audit Assistant.
(Sept’1997 – Dec’2000) (3 years CA Article ship)
 Preparation and maintenance of Accounts/ Ledgers.
 Preparation of Financial statements and filing Returns.
 Routine Checking/ Vouching/ Internal Audit of clients.
 Tax Consultancy & Planning.
 Preparation/Presentation different financial statements for Audit
 Conducting Statutory & Internal audit of various Organisation & Banks.
 Conducting Statutory & Internal audit of various Organisation & Banks.
 Having sharp knowledge is Audit systems and procedures. Having complete knowledge of statutory requirements of a
Company.
 Having complete knowledge of Internal Audit procedures of Hospitals, NGO’s, Finance Companies and manufacturing
Companies.
 Preparation of Bank Reconciliation Statement, Interoffice Reconciliation statement, etc.
Key Achievements:
 Detected & reported several financial frauds during the association with BASIX.
 Achieved appreciation from management for making audit/risk process robust & ensuring good control on non compliance
issues during the association with SVCL.
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5.  Achieved appreciation at RBL Bank for efficient Risk Review & Reporting.
PERSONAL INTERESTS
 Reading good books
 Preparation of presentations.
 Listening to soft Music & watching select Movies.
MY STRENGHTS
 High Character: Shoulders responsibility & delivers what is promised; Reliable in different & difficult situations;
Demonstrates fairness & firmness. Possess positive traits like Honesty, sincerity, truthfulness etc.
 System Orientation: Committed to formulation & implementation of systems and procedures;;; strives to improve
existing systems & is willing to reengineer process from scratch.
 Flexibility & Adaptability: Demonstrate willingness to change ideas or perceptions; understands other people’s points o
view; Adopts tactics to fit the situations or the person.
 Analytical Thinking: Identifies cause-and—effect relationships of a situation; Demonstrates ability to decide quickly,
logically and objectively.
 Excellent interpersonal and communication skills
 Leadership and coaching to get best out of team and colleagues
 Time Management & work scheduling.
IT SKILLS
 Complete knowledge of Delphix and FAMIS (both are ERP packages for Micro Finance Institutions), Tally 7.2, Tally 9.0,
9.3 & EX-Next Generation.
 Excellent in MS Excel, Power Point, MS Word and in Key Board.
PERSONAL DETAILS
Date of Birth – June 26, 1975
Sex – Male
Marital Status – Married
Permanent Address – S/o. Sri. K.Eswar Chandra Patnaik
Ambica Nagar-1st
Lane, Bijipur,
Post: Gosaninuagam,
Brahampur, Dist: Ganjam, Odisha
Ph.no. 0680-2229096
Current Address – D-3/406, 1st
Floor, Danish Nagar,
Near Durga Mandir, Hoshangabad Road
Bhopal, Madhya Pradesh – 462026
Cell No. 9584661975
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6.  Achieved appreciation at RBL Bank for efficient Risk Review & Reporting.
PERSONAL INTERESTS
 Reading good books
 Preparation of presentations.
 Listening to soft Music & watching select Movies.
MY STRENGHTS
 High Character: Shoulders responsibility & delivers what is promised; Reliable in different & difficult situations;
Demonstrates fairness & firmness. Possess positive traits like Honesty, sincerity, truthfulness etc.
 System Orientation: Committed to formulation & implementation of systems and procedures;;; strives to improve
existing systems & is willing to reengineer process from scratch.
 Flexibility & Adaptability: Demonstrate willingness to change ideas or perceptions; understands other people’s points o
view; Adopts tactics to fit the situations or the person.
 Analytical Thinking: Identifies cause-and—effect relationships of a situation; Demonstrates ability to decide quickly,
logically and objectively.
 Excellent interpersonal and communication skills
 Leadership and coaching to get best out of team and colleagues
 Time Management & work scheduling.
IT SKILLS
 Complete knowledge of Delphix and FAMIS (both are ERP packages for Micro Finance Institutions), Tally 7.2, Tally 9.0,
9.3 & EX-Next Generation.
 Excellent in MS Excel, Power Point, MS Word and in Key Board.
PERSONAL DETAILS
Date of Birth – June 26, 1975
Sex – Male
Marital Status – Married
Permanent Address – S/o. Sri. K.Eswar Chandra Patnaik
Ambica Nagar-1st
Lane, Bijipur,
Post: Gosaninuagam,
Brahampur, Dist: Ganjam, Odisha
Ph.no. 0680-2229096
Current Address – D-3/406, 1st
Floor, Danish Nagar,
Near Durga Mandir, Hoshangabad Road
Bhopal, Madhya Pradesh – 462026
Cell No. 9584661975
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