Credit Analyst
ADCB BANK
Total years of experience :18 years, 4 Months
-Analyzing and processing all retails based lending facilities, personal loans, Mortgage auto loan credit card top up & overdraft based on overall consideration of customer's profile, employment status and industry, financial position, existing liabilities, aggregate exposure to DIB and capability of repayment Checking customer's records with Central Bank Report, EMcredit, and Collection & Blacklist to minimize risks associated with customer's integrity, credibility, repayment history and relationship with other banks.
-Visit company to get overall view of company operations & prepare final proposal for lending.
-Complete credit review ensuring compliance with all credit policies and practices using account status and repayments history, financial statements review, security review, debt services analysis and risk rating
-Responsible for accurate evaluation of risk, timely accumulation of documentations necessary for approval and follow-up on conditions needed prior to fund the loan.
-Approving cases based on deviations (judgments decision & analysis cases to case) as per delegated matrix .
-Conduct analysis of financial statements and economic environment to prepare credit applications
-Carry out quality credit and risk assessment and present solutions and recommendations
-Actively participate in achieving the objectives of the credit department
-Manual underwriting of personal loan, self employed, overdrafts & credit card applications to evaluate the financial strength and credit worthiness of borrower.
-Further evaluation of debt to income ratio, loan to value ratio, Credit score.
-Responsible for accurate evaluation of risk, timely accumulation of documentations necessary for approval and follow-up on conditions needed prior to fund the loan.
-To ensure loans adhere to company policies and compliance along with industry requirements.
-To ensure each application is cleared as per loan approval conditions and to ensure the system are updated as per sanctioned loan details.
-All deviation and approvals appropriately logged and tagged in CRM & CAS.
-Maintaining daily approval & rejection MIS
-List the new companies based on BFO visits & internet search.
-Approach & coordinate with Quality Control, Compliance, operations and contact center for problem resolution and provide desire services & products to customers.
-Help collection department by providing monthly feedback & details of non performing accounts.
-Provide feedback to sales about quality of applications and work out new models to get maximum business from new as well as existing clients.
-Analyze credit reports on us customer history to give customer top up or CLI and maintain acceptable turnaround times for applications submitted for pre-approval and on funding packages.
-Facilitating junior underwriters by updating new Credit amendments related to process, policies and strategies to improve product quality.
-Currently working on system like CRM, CAS, LMS, HPS, ICCS
-Monitoring of activities on accounts to detect and prevent any possible fraudulent usage & thereby to minimize any financial losses on the card issued by RBS.
-Review authorizations & transactional activities on the cards permanently block card if the transaction is a possible fraud or if a cardholder denies participating in a transaction & arrange for replacement of the card as per Banks procedures and within the agreed TAT.
-Block cards based on Market information. Information could be in the form of negative feedback about the applicant or company to which he /she is associated.
-Report the card to Visa/Master/Central Bank fraud database with the appropriate reason code.
-To analyze credit card applications for all segments Consumer Credit, Corporate, VGPB, Staff as per the product and policy parameters.
-Analyzes customer’s financial history to grant loan in accordance with risk management
-Analyzes paying habits of customers who are delinquent in payment of bills and recommend action.
-Reviews files to select delinquent accounts for collection efforts
-Evaluates customer records and recommends that account be closed, credit limit reduced or extended, or collection attempted, based on earnings and savings data, payment history, and purchase activity of customer.
-Manage, direct and coordinated all activities to implement company policies, procedures, and practices concerning underwriting, applications, and granting.
-Perform special project as assigned by Management.
-Maintain internal databases with credit risk & credit limit information
-To analyze & investigate complaints lodged by all front end channels (NSBC, service centers & Branches)
-Ensure quality resolution within the turnaround time.
-Handling complaints & grievances of customers related to all products loans, accounts, payments, sales, promotions, investments, credit cards etc.
-Maintaining the overall quality of bank products by providing best services.
-Escalating the issues to higher management in case customers are not satisfied with services.
-Judgmental reversals as per given delegations & policies.
-Promoting new financial product in markets through branches & various events organized by bank.
-Building relationship with customers to get maximum business.
-Handling documentation & custody of customer’s securities.
-Analyzing value of customer securities.
-Providing after sales services.
MBA degree in Finance