Yogesh Verma

SVP, Enterprise Risk Management @ PRA Group

About Yogesh Verma

Yogesh Verma serves as the Senior Vice President of Enterprise Risk Management at PRA Group, where he has worked since 2020. He has extensive experience in risk management and strategic planning, having held various positions in organizations such as the Federal Reserve Bank of Richmond and PenFed Credit Union.

Work at PRA Group

Yogesh Verma serves as the Senior Vice President of Enterprise Risk Management at PRA Group, a position he has held since 2020. Based in Richmond, Virginia, he oversees the company's risk management strategies, ensuring that risks are effectively identified, assessed, and mitigated. His role involves developing frameworks that support the organization's objectives while maintaining compliance with regulatory requirements.

Previous Experience in Risk Management

Before joining PRA Group, Yogesh Verma held several key positions in risk management. He worked at PenFed Credit Union as Director of Enterprise Risk Management from 2016 to 2020, where he focused on managing enterprise-wide risks. Prior to that, he served as Director of Risk Management at Markel Corporation for eight months in 2015. His earlier experience includes a six-year tenure as a Senior Consultant at the Federal Reserve Bank of Richmond, where he specialized in Enterprise Risk Management and strategic planning.

Education and Expertise

Yogesh Verma has a strong educational background in business and engineering. He earned a Bachelor of Engineering in Chemical Engineering from Bangalore University. He further enhanced his business acumen by obtaining an MBA from Duke University's Fuqua School of Business. Additionally, he completed executive education programs at Wharton and Columbia Business School, focusing on strategic thinking and leading strategic growth. He also holds a certificate in Strategic Decision and Risk Management from Stanford University.

Skills in Risk Management and Business Continuity

Yogesh Verma possesses extensive skills in various aspects of risk management. He has experience in resiliency and business continuity, ensuring that organizations can maintain operations during unexpected events. His expertise extends to outsourcing and offshoring strategies, particularly in implementing global offshore delivery models. He is also skilled in Lean Six Sigma methodologies, which aim to improve performance by reducing waste and variation, and has a strong focus on third-party risk and vendor management.

Early Career Background

Yogesh Verma began his career in technology and consulting roles. He worked as a QA & Test Engineer at HCL Technologies and GrapeCity India Pvt. Ltd. He transitioned into financial services at LandAmerica Financial Group, where he held multiple positions, including Corporate Performance Business Partner and Senior Systems Analyst. This diverse background laid the foundation for his later specialization in enterprise risk management.

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