Vice President (Corporate Credit - Credit Risk)
State Bank of India
Total years of experience :18 years, 2 Months
Credit Risk Underwriting:
• Performing activities within the assigned Credit Risk Strategy reflecting the Bank's Risk tolerance and expected profitability.
• Practicing standardised process for evaluating credit proposals ensuring sanctions within the approved Credit Risk Strategy of the Bank.
• Building and maintaining strong and effective relationship with the required stakeholders to achieve set goals and objectives.
• Strict compliance to the TATs specified in the Service Level Agreements (SLAs).
• Possess sound financial and due diligence skills required for carrying out detailed credit assessments complying with the approved credit policies and procedures and Basel guidelines.
• Carrying out detailed credit assessment by carrying out Management Background and Profile evaluation, Industry Risk analysis, Country Risk analysis, External Credit Rating, Internal Credit Rating, Financial and Cash flow analysis, and proposing strong risk mitigants.
• Controlling risk by way of monitoring sector and industry specific exposure limits.
Credit Administration:
• Responsible for perfection of security, compliance of pre and post disbursement conditions, scrutinizing legal documents, completing ROC formalities.
Early Alert Management:
• Consistent monitoring of clients’ performance, industry outlook and conduct of account to identify sings of weakness.
Key transactions handled:
• Project Appraisal and Sanction of Term Loan facility of Rs. 230 Cr to finance the project cost of setting up 2x20 MW Solar Project of IL&FS Energy Development Co. Ltd. at Agar District, Madhya Pradesh.
• Sanction of Term Loan of Rs. 10, 000 crores to part finance the transmission capacity addition programme of Power Grid Corp. India Ltd. based on the Balance Sheet of the company.
• Project Appraisal and Sanction of Term Loan facility of Rs. 3035 Cr to finance the project cost of setting up a 726.6 MW (2 x 363.3 MW) Natural Gas based Combined Cycle Power Project at Pallatana, Tripura.
• Project Appraisal and due diligence of an underwritten offer of term loan of Rs. 300 Cr to an upcoming private player for acquisition of 194.20 MW Wind Energy assets in Gujarat, Karnataka and Rajasthan.
• Working Capital Assessment proposals for the companies listed above.
Key Achievement: Generated income (NII + other fee income) of Rs. 150 Cr during FY2014-15.
Ensuring credit administration in accordance with Loan Policy of the Bank.
Carrying out detailed credit appraisals by carrying out Balance Sheet analysis, P&L and Cash flow analysis, Industry Risk analysis and Management Profile Evaluation and proposing strong risk mitigants.
Preparing credit memorandums to be put up before the appropriate sanctioning authorities.
Assessing credit quality of the portfolio on an ongoing basis and taking remedial steps in case of any deterioration.
Controlling risk by way of monitoring sector and industry specific exposure limits
Referring techno-economic feasible delinquencies under Corporate Debt Restructuring scheme.
Performing regular site visits to ensure appropriate end use of sanctioned credit facilities.
Facilitating statutory, regulatory and other risk focused internal audits.
Managing Investment Portfolio in accordance with Investment and Asset Liability Management Policy of the Bank.
Analyzing macro and micro economic developments affecting international and domestic interest rate scenarios.
Reviewing Investment Policy of the bank from time to time with the changing dynamics of the financial markets.
Controlling Risk by way of monitoring exposure to various sectors/ instruments etc
Identifying and initiating trade on both Primary and Secondary markets.
Monitoring and forecasting the movement of yield curves.
Interacting with market intermediaries to assess the supply and demand for various debt instruments yield pattern.
Monitoring Stop Loss breaches and Credit Rating downgrades to assess Credit Spread Risk and Credit Migration Risk.
Facilitating Regulatory, Statutory & Internal Audits.
Reviewing MIS and Regulatory and Management reporting.
Maintaining ISDA documentation with Foreign Banks.
Managed 24 X 7 hours Smooth and Uninterrupted Production of Ethane
Conducted Inter Departmental Audits to assess the status of deployment of systems
Managing Continuous Generation and Supply of Utilities to the Ammonia and Urea plant
Completed 2 year Full time Post Graduate Diploma in Management with majors in Finance from Goa Institute of Management, one of the leading management institute in India.
Completed BE in Honors and was awarded merit scholarships throughout the engineering programme.