Prasad Abhang

Assistant Risk Manager @ Pine Labs

About

Experienced professional specializing in E-commerce Merchant Risk Evaluation & Underwriting for banks and payment aggregators. Dedicated to acquiring comprehensive knowledge of RBI and Visa/Mastercard guidelines on payment aggregators, E-commerce, and payment systems. Skilled in implementing robust controls for merchant onboarding to mitigate frauds and chargebacks. Proficient in risk assessment, compliance, and fraud prevention strategies. Committed to staying updated with industry regulations and best practices for optimal risk management and regulatory compliance. Passionate about contributing to the success and security of e-commerce businesses and payment ecosystems. Committed to continuous learning and staying abreast of industry trends, emerging technologies, and regulatory updates to enhance expertise and deliver innovative solutions in risk management and fraud prevention.

Country

India

City

Mumbai

Industry

Banking

Skill

Merchant Acquiring, Problem Solving, Attention to Detail, Regulatory Standards, Governance, Risk Management, and Compliance (GRC), Risk Analysis, Risk Assessment, Risk Management, Due Diligence, Regulatory Compliance, Interpersonal Communication, Global Regulatory Compliance, Compliance Management, Financial Modeling, Microsoft Excel, Financial Analysis, Financial Accounting, Business Analysis, Data Analysis, Analytical Skills

Experience

Assistant Risk Manager

Pine Labs

2025-9 - Present · 1 yr 1 mo

Mumbai, Maharashtra, India

Credit Intelligence and Control: EMRE (Deputy Manager)

HDFC Bank

2023-5 - 2025-8 · 2 yrs 4 mos

Mumbai, Maharashtra, India

-Underwriting new merchant proposals on the Ecommerce proposals includingo Start-upso VC Fundingo Existing merchantso New to Bank Preparing, reviewing and analyzing the creditworthiness of all new proposals and renewals. -Preparing written Credit Memorandums for presentation and approval. Ordering, reviewing and analyzing reports (credit, appraisal, and done by third parties).Financial Review Net worth computation (Individual / ITR), financials review, Balance sheet, P& L statement etc., -Evaluating financial statements, historical trends, projections, management performance, industry, Key Financial Ratios, Analysis of Cash flow, capital structure and collateral. -The job involves, assessment of Balance sheet and Profit & Loss a/c for SME profile segment. -Aggregator review / monitoring & on boarding assistance Regular monitoring of Aggregators Reviewing proposals of Aggregators segmented reviews on MCC wise classificationPortfolio. -Performing various departmental functions, including risk rating, loan covenant monitoring. -Market research and analysisRenewal of UW Portfolio Review of Conditions Stipulated During Approvals Review of Proposals-High Brand Risk, Caution Segment, Special merchants, Donation Segment. - Review of Entire portfolio. Follow up the ME not commenced business > 90 days from the date of Approval resulting in re-activation/deactivation. -Thrush hold reviews Review and revisiting of Porfile set at the time of on boarding valid the volatile trends and make corrective actions to avoid fraud risk and business loss risk Quality & Root Cause Analysis Ensuring root cause analysis on the declines Delay in approvals to be reviewed for optimization of the TAT. - Nil error in decisions. -Audit and Compliance ISO & SoX Audit file preparations and maintenance. -Compliant to laydown policy conditions and regulator mandates.