Varun Goyal

CFA Level 2 Cleared | Risk Manager - IDFC First Bank | IIM Indore PGP ’24 | Godrej Properties Ltd. | Delhi College of Engineering

Role
Risk Manager at IDFC FIRST Bank
Location
Mumbai, MH, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Varun Goyal

A Mechanical Engineering graduate from DCE, Delhi with strong academic records. As a Mechanical engineer, I tend to focus on using my analytical and design skills to find effective and innovative solutions Havells India Ltd.Design and development of electromechanical RCBO from concept to launch stage which comprised: Concept Preparation for incorporate features of both electromechanical MCB and RCCB in RCBOModelling through Creo 5.0, Prototyping and inspection for detail designing Executed 3D Stackup analysis through Cetol for design optimization to achieve 6 sigma design using normal distribution and other statistical concepts.Risk failure analysis through DFMEA, structural analysis. Documentation of technical design details including Benchmarking, Engineering BOM, Product cost etc.•Reduced market return call rate in PRCD (Shocksafe plug) used in Water heaters from 17% to 5% by coordinating with cross-functional teams saving 1.77 cr.Leading all the Reliability Engineering projects of Switchgear department:Executed Life time analysis of MCBs and RCCBs using Weibull curve to be used by marketing team for advertisements.Increased design Reliability of PRCD by 10% from 85% to 95% with the help of Reliability Prediction methodology in adherence to MIL-HDBK-217 and Telecordia standards.Performed HALT testing on PRCD, used by marketing team for bidding in EV market.Reduced rejection rate in Mini MCBs from 22% to 7% by six sigma methodology.Collaborated with Common simulation team for developing methodology for two major tests(TR and MT) in MCBs which will help us save time and cost of prototype.Mentored two GETs with the concepts of circuit breakers and statisticsCoordinated with production plant, marketing, testing, vendors, customer and other cross function teams for all product development and improvement related activitiesTechnical Competencies:Creo Cetol (3D Stackup)MicrostationMathCad

Experience

  1. Risk Manager

    IDFC FIRST Bank

    Jul 2024 — Present · Mumbai, IN

    Created and Presented monthly business review decks to CXO highlighting portfolio trends, callouts, and the impact of implemented policies•Created budget and forecasted relevant variables like NPAs, loan-book size, and delinquencies for future financial years•Engaged with business, product, credit, collections, and other cross-functional teams to monitor portfolio health, scorecard model, and meeting RBI requirements•Regularly monitored and assessed LAP (Loan Against Property) Portfolio of through analysis of business growth, bounce, delinquency, flow rates & NPAs•Strategized and recommended policy interventions based on callouts and early warning signals by leveraging customer behavioral insights and data analysis•Conducted testing for new builds to remove any system gaps and resolved on-ground queries raised by sales and credit teams

Education

  • Delhi Technological University (Formerly DCE)

    Bachelor’s Degree, Mechanical Engineering

    2014 — 2018

  • Indian Institute of Management, Indore

    Master of Business Administration - MBA

  • Brahmrishi Mission Sr. Sec. School

    High School

    2011 — 2012

  • Brahmrishi Mission Sr. Sec. School

    Intermediate School Education

    2013 — 2014

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Varun Goyal — Risk Manager at IDFC FIRST Bank in Mumbai, MH, IN | Unifers