Finone
Fabian Tuscano
Mumbai
Summary
Accomplished banking professional with extensive experience in supporting executive level management in Operations Management and Internal Audit. Known for organizational and interpersonal aptitudes, implementation of strategic initiatives, special project management and results-focused interactions across organization. Strategic in implementing and monitoring progress of important initiatives and actions plans. A team player with flexible & detail oriented attitude.
Overview
19
19
years of professional experience
3
3
years of post-secondary education
1
1
Certification
3
3
Languages
Work History
Assistant Vice President, Internal Audit
SMFG India Credit Company Ltd. (Formerly Fullerton India Credit Co Ltd.)
Mumbai
2023.02 - 2023.08
- Identified and mitigated high-risk areas, reducing potential financial exposure and implementing risk-based audit approach that prioritized critical areas.
- Planned and performed Risk Based Internal Audits within allocated budgets and timelines.
- Managed team of 3 to 5 members of auditors based on assignment size.
- Evaluated, tested and reported on adequacy and effectiveness of controls to management along with root cause and recommendations.
- Cultivated strong relationships with key stakeholders, acting as trusted advisor on audit-related matters and fostering collaboration across departments.
- Established high-performance culture within team by setting clear expectations and providing regular feedback on individual performance contributions.
- Ensured regulatory compliance, managing audits in alignment with guidelines, and minimizing exposure to compliance risks.
Associate Vice President, Internal Audit
Kotak Mahindra Bank Ltd.
Mumbai
2019.12 - 2022.12
- Planned and performed risk based audit reviews for Retail Lending products and support functions. (Credit Card, Consumer Durable Finance, Commercial vehicle Finance, Tractor and Farm Equipment Finance, Retail Collections, Agriculture Rural Business Finance)
- Produced high-quality audit reports with actionable insights, effectively presenting findings to senior management and influencing strategic decisions.
- Leveraged data analytics to enhance audit testing, improving process efficiency and risk identification through continuous monitoring.
- Drafted and Presented audit findings and root cause analyses to business stakeholders, facilitating proactive decision-making and process improvements.
- Prepared and presented synopses for Audit Committees, ensuring clear communication of audit results and recommendations at strategic level.
- Monitored and verified closure of audit issues, ensuring timely resolution and sustainable improvements in operational processes.
- Collaborated with cross-functional teams to drive process improvements and innovation.
- Ensured regulatory compliance, managing audits in alignment with guidelines, and minimizing bank’s exposure to compliance risks.
- Led, Mentored and developed 03 to 05 junior audit staff members, fostering collaborative team environment that improved performance and career growth opportunities.
Senior Manager, Internal Audit
AXIS Bank Ltd.
Mumbai
2 2014 - 2019.12
- Planned and performed Risk Based Internal Audit Assignments for lending products, support functions. Viz. Retail Loan Products & Policy - Mortgage Loans, Personal Loans & Vehicle Loans, Credit Card Business, Collections and Recovery, Emerging Enterprise Business, Cash Management Services (CMS), Priority Sector Lending (PSL), Centralized Reconciliation and Settlement Unit, Centralized Operations Unit, Merchant Acquiring Business.
- Identified weaknesses in control frameworks through comprehensive evaluations and testing, resulting in enhanced control effectiveness and risk mitigation.
- Drafted comprehensive audit reports that documented findings, recommendations, and action plans for issue resolution.
- Presented audit findings and root cause analyses to business stakeholders, facilitating proactive decision-making and process improvements.
- Prepared and presented synopses for Audit Committees, ensuring clear communication of audit results and recommendations at strategic level.
- Monitored and verified closure of audit issues, ensuring timely resolution and sustainable improvements in operational processes.
- Ensured strict adherence to regulatory requirements and compliance standards, verified through meticulous audits and reporting.
- Validated compliance with Risk Assessment Reports submitted to regulatory bodies, ensuring transparency and adherence to regulatory guidelines.
- Managed data requirements for RBS Tranche submissions, ensuring accuracy and completeness of data submitted to regulatory authorities.
- Actively participated in training and development programs to enhance audit skills and stay updated with industry best practices.
Senior Manager, Risk Management (Regional Manager-Credit Admin)
YES Bank Ltd.
Mumbai
2013.03 - 2014.02
- Implemented and developed operational standards, policies and procedures for post sanction process of Retail Loans viz Home Loans, Mortgage Loans, Car Loans, Personal Loans, Commercial Vehicle Loans, Health Care Finance.
- Managed 02 branch locations by ensuring adequate infrastructure and manpower requirements.
- Tracked deviations in Mortgage Loan products by devising dashboard.
- Reduced costs, optimized resource allocation, and improved efficiency in loan operations.
- Improved team performance by providing comprehensive training and fostering collaborative work environment to 06 reporting staff.
- Provided strong leadership to enhance team productivity and morale.
- Evaluated vendor offerings critically to select most appropriate partners for delivering desired results at optimal costs.
Manager - Retail Asset Operations
HDFC Bank Ltd.
Mumbai
2004.11 - 3 2013
- Successfully Managed team of 21 staff, across 03 locations responsible for post sanction operations and customer service of retail loans (Personal Loans, Business Loans, Two Wheeler Loans, Car Loans, CV/CE Loans, Education Loans, Loan Against Shares).
- Maximized performance by monitoring daily activities and mentoring team members.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
- Cross-trained existing employees to maximize team agility and performance.
- On-boarded new employees with training and new hire documentation.
- Facilitated successful cross-functional collaborations for completion of key projects, fostering strong working relationships among team members.
- Built high-performing teams through effective recruitment, on-boarding, and talent development initiatives.
- Reduced operational costs through comprehensive process improvement initiatives and resource management.
- Ensured compliance with regulations and legal requirements by implementing comprehensive policies and training programs for staff members.
- Cultivated partnerships with external stakeholders to maximize business opportunities and extend network reach within industry sector.
- Led change management initiatives to drive organizational transformation without compromising employee morale or productivity through implementation of new workflow (LOS) and participation in Six Sigma and Five C projects.
- Evaluated employee performance and conveyed constructive feedback to improve skills.
- Successfully managed budgets and allocated resources to maximize productivity and profitability.
- Participated in post-merger activities between HDFC Bank and Centurion Bank of Punjab
- Successfully launched Customer Service Centre at Fort and Chembur area in Mumbai and Retail Loan Processing Centre at Thane.
Education
Bachelor of Commerce - Financial Accounting
Mumbai University
Mumbai 1994.06 - 1997.04
Skills
Risk bases Internal Audit and Compliance
Personal Qualifications
Bachelor of Commerce, Mumbai University, 1997
Certification
ISO-31000 - Standard for Enterprise Risk Management (ERM) by BIS
Linguisticabilities
- English
- Hindi
- Marathi
- Gujarati
Profile Snapshot
19+ years of extensive experience in the areas of Risk Management, Internal Audit, Banking Operations & Team Management., Risk Based Internal Audit, Conducting root cause analysis and process re-engineering, Making recommendations to control operational risk, Credit risk, An effective communicator with excellent relationship building & interpersonal skills, Strong analytical, problem solving & organisational abilities, Team player with flexible & detail oriented attitude
Personal Information
Date of Birth: 11/10/77
Software
Finacle
MS Office
Loan Originating System
Timeline
Assistant Vice President, Internal Audit
SMFG India Credit Company Ltd. (Formerly Fullerton India Credit Co Ltd.)
2023.02 - 2023.08
Associate Vice President, Internal Audit
Kotak Mahindra Bank Ltd.
2019.12 - 2022.12
Senior Manager, Risk Management (Regional Manager-Credit Admin)
YES Bank Ltd.
2013.03 - 2014.02
Manager - Retail Asset Operations
HDFC Bank Ltd.
2004.11 - 3 2013
Bachelor of Commerce - Financial Accounting
Mumbai University
1994.06 - 1997.04
Senior Manager, Internal Audit
AXIS Bank Ltd.
2 2014 - 2019.12
ISO-31000 - Standard for Enterprise Risk Management (ERM) by BIS
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