Praveen Ravesh

CEO

Gurgaon, Haryana, India23 yrs 6 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Proven track record in risk management and collections.
Led successful debt collection strategies across multiple regions.
Expert in managing large teams and complex portfolios.

Stackforce AI infers this person is a seasoned professional in Fintech with a strong focus on risk management and collections.

Contact

Skills

Core Skills

Risk ManagementCollectionsSalesMarketing

Other Skills

BankingBranch BankingCEQ CollectionsCommercial BankingCore BankingCreditCredit AnalysisCredit CardsCredit RiskData AnalysisDebt Collection StrategyFinanceFinancial RiskFinancial ServicesInfrastructure Finance

About

Experienced(VP) Risk & Collection professional with a demonstrated history of working in the financial services industry (secured & Unsecured loans). Skilled in risk management , collections, Internal Audit, Sales, Management Information Systems (MIS), and Financial Risk. Strong collections and risk strategy professional with MBA specialised in Marketing & HRD from Hindu Institute of Management.

Experience

Progcap

National Collections Head (VP) - Supply Chain Finance at Progcap

Dec 2021 – Present · 4 yrs 3 mos · Delhi, India

Heading collections for Progcap (Leading fintech) in supply chain finance vertical.

CollectionsSupply Chain FinanceRisk Management

Indusind bank

National Collection Manager (VP) - SME and Secured Assets

Aug 2017 – Jan 2022 · 4 yrs 5 mos · Gurugram

Tata capital

Regional Remedial Mgr (AVP) - North India (CEQ and channel Finance)

Nov 2015 – Aug 2017 · 1 yr 9 mos

Taking care of CEQ collections - Infrastructure Finance for North India.

CEQ CollectionsInfrastructure FinanceCollectionsRisk Management

Axis bank

Regional Collection Manager - North (Mortgages - Auto Loans, CV & CE, HL, LAP , SME, ODLAP & EEG

Dec 2007 – Nov 2015 · 7 yrs 11 mos · New Delhi Area, India

 Developing strategy for debt collection & risk management , create segmentation in the portfolio based on risk , Data analysis.
 Successfully managing North India’s biggest portfolio POS wise - Delhi NCR, Uttrakhand for Home Loan & LAP , Auto loans, Commercial Vehicle & Commercial Equipment portfolio , LAPOD .
 Taking care of SME, BL & EEG portfolio for North India (Delhi NCR, Uttrakhand, Haryana, Punjab, Uttar Pradesh, Rajasthan , Himachal Pradesh & J&K).
 Manage and motivate the collections team of direct & indirect reportees, providing an effective and efficient collections management which enables the Company to maximize sales , maintain profitability and maximize earnings, whilst minimizing exposure to potential bad debts.
 Adopt Proactive strategies, Improve internal productivity of collections area, develop well defined strategies for collections of delinquent’s loans, ensure quality information gathering & management, collections cost analysis.
 Manage a team of 4 on-roll employees, 40 associates (35 in-house executives, 5 team leaders) and 7 vendors.
 PAN India highest in physical repossession of vehicles & Financed home loan properties which went into default through legal.
 E-auction of repossessed vehicle & finance properties. Management between valuer , Skockyard vendor & E-acutioner for smooth disposal of bank assets.
 Highest success rate in maintaining clean delinquent portfolio (along with Credit and Sales Team), reducing fraud and rehabilitation of weak customers
 Inter-department coordination for smooth functioning - sales team, customer care department, credit & processing team, disbursement team, and ADF tele-calling team
 Process expert in Home loan & Auto credit & collections and internal/external audits
 Prepared weekly MIS for Senior Management
 Legal Champion - Initiating section-138, sarfaesi, DRT, Winding up petitions and civil suits

Debt Collection StrategyData AnalysisTeam ManagementRisk ManagementCollections

Icici bank ltd.

Collection Manager - Personal Loans

Aug 2005 – Nov 2007 · 2 yrs 3 mos

Responsible for collections 90+ DPD & NCL of personal loan portfolio (Chandigarh & amritsar). Taking care of FI for chdg location and cordinating all the legal activities for PL portfolio.

CollectionsLegal CoordinationRisk Management

Kohinoor foods ltd

Area Sales Manager

Aug 2002 – Jul 2005 · 2 yrs 11 mos

Increased the sales by 1800% from INR 25 lakh to 450 lakh in 2.5 years
Handled 1 C&F and 80 distributors across Chandigarh & Himachal Pradesh
Launched 5 products of company i.e. Kohinoor Basmati Rice , Kohinoor ready to eat(Ready to eat packed vegetables), Kohinoor Rice & Spice(Instant packed pulafs) and Kohinoor Namkeens & cape juice
Marketing – Participated in various road shows & trade fairs , Outdoor advertising at strategic places, launched new schemes every month to increase the sales and kept high motivation levels in my team

Sales ManagementProduct LaunchSalesMarketing