Varun Kharbanda

Managing a team of Analysts to support collections across retail credit lending products (Jun 2023 - Current)

• Identifying optimal channel and contact strategy for Cards, Personal Loans, and Payroll Loans
• Delivered risk segmentation for Mortgage and Cards portfolios
• Designed the Settlement discount strategy for Cards recovery.

Manage and mentor a team of Analysts to support Payroll portfolio risk (Jun 2019 -May 2023)

• Supervise analytics and Benchmarking Projects: Income Test Project and Covid Preparedness strategy
• Developed credit lending strategies to improve net credit margins: Redraw Block/Unblock generating Net Benefit of 26 MM USD over 3 years
• Designed Campaign Tests (A/B Testing): Automatic Vs Manual channel bringing 80+ MM USD in Exposure in 1 year
• Streamline the Onboarding process by setting up the Onboarding Checklist and induction process saving 90% time.

Managed the analytics and modeling needs for retail and commercial loan products

• Retail Lending Business: Managed CECL retail models for auto loans, credit cards, and other consumer loans
• Developed processes for data management, recruitment, and new hire induction.

Lead model developer for loss forecasting of Small Business portfolio

• Built Basel and CCAR models (PD, EAD, and LGD) for Term loans and Line of Credit loans
• Coordinated with Business, Data, Model Validation, and Model Implementation teams to deliver models which are used for CCAR and Annual Budgeting
• Designed the quarterly model monitoring process and oversaw the model execution reports

Instrumental in building Account-Level Loss Forecasting models for Auto Loans portfolio

• Model the PD for payoff and Bankruptcy for Auto loans
• Design Basel PD segmentation and assisted in Basel model validation, RWA, and sensitivity analysis
• Built functions in R DataTables to streamline model development process in AWS environment.

• Taught STATA with application to time series forecasting methods as part of undergraduate level course
• Managed classes and grading for principles of microeconomics, statistics, and monetary economics courses.

• Built Survival Analysis and Logistic models to do comparative analysis for attrition behavior of Discover Credit Cards
• Led a team of analysts to deliver analytics projects for GM Motors and Kraft Foods.

• Built marketing strategy to bring $7 million in new money by upselling customers with open applications
• Automated customer retention reporting process on SAS in Mainframe to save 90% time.

• Created Time Series Model to inquire into BSE-Sensex Index and Rupee-Dollar Foreign Exchange Rate relationship
• Worked as Research Assistant under Professor Prabal Roy Chowdhury to study Indian Sugar Industry.