Senior Associate (AVP)
JP Morgan Chase & Co.
Total years of experience :12 years, 1 Months
- Independent oversight of Business Banking originations LOB with $10 Bn portfolio exposure. Conducting Risk assessments, Continuous Monitoring and reviews accross the portfolio and ensuring the Key Risk Indicators (exception approval rates, delinquency and portfolio peformance metrics) meet the designed threshold and share insights with stakeholders to help improve the originations process and policies.
- Executed Credit Review for Retail Assets under Consumer and Community Banking (CCB) Group, covering Home Lending, Wealth Management, Auto Loans, Leases, Cards Business, and Business Banking.
- Co-leading Periodic Credit Review (PCR) activity for Business Banking originated under CCB with Chase. Executed responsibilty of Reviewer-in Charge (RIC) for the LOB which includes end-to-end planning for the review activity and issuance of reports rated basis review test results.
- Conducted end-to-end review of loan/lease applications for each LOB/Sub-LOB, ensuring the adequacy and accuracy of credit decisions and effectiveness of the Credit Management Process.
- Planned and executed Periodic Credit Review (PCR), Enhanced Continuous Monitoring (ECM), and Continuous Monitoring (CM) to ensure comprehensive due diligence.
- Facilitated stakeholder interactions with LOB/Sub-LOB Heads and Teams to present Risk Assessment (RAS) for respective portfolio, considering internal and global economics.
- Issued detailed reports, both rated and non-rated, based on the nature and purview of the review conducted, validating issues through Target Test for required LOB/Sub-LOB.
- Led credit underwriting of home loan and mortgage proposals for the state of Maharashtra, spanning across 26 branches, with an approving authority for up to INR 3 million and L5 deviation authority for home loans and mortgage proposals.
- Managed credit and collections for all locations of Maharashtra (ROM & Mumbai Clusters), ensuring timely completion and submission of PDD documents for the portfolio.
- Overseeing a team of ACM, CCM, BCM, and Collection Managers for Maharashtra, driving business in the locations while maintaining TAT and proposal quality.
- Conducted monthly branch and location visits to develop the market and nurture strong business relationships with channel partners, contributing to enhanced business performance.
- Facilitated continuous training and development of the credit and sales team, optimizing resource management and operational efficiency.
- Effectively managed delinquency and resolution of delinquent and NPL cases for the state, ensuring timely follow up for repetitive bounced cases and liaising with agencies for SARFAESI enforcement.
- Ensured portfolio quality, PDD, and adherence to audit and compliance checks within company-prescribed limits, fostering a culture of adherence to policy and regulatory standards.
Credit underwriting of high ticket size LAP Mortgage proposals up to INR 200 Million with sanctioning authority up to INR 10 Million with L5 deviation delegation.
Managing & driving the mortgage business for branch.
Conducting PD’s of all customers including Office visit of self-employed customers to ascertain business model, loan requirement, end use of funds etc.
Judgmental decision based upon facts & figures.
Co-ordination with Sales team for handling customer queries and completion of loan applications as per credit requirements& policies.
Study of Business entities and analysing the health of the same through Ratio Analysis.
Structuring of Loan proposals as per company policy & minimizing the risk associated with each application.
Understanding the proposal & customer requirement on case to case basis and recommending of proposals to higher credit authorities as per the deviation matrix.
Ensuring timely completion of loan proposals & responsible for maintaining TAT for each application as per company norms.
Training, development & managing team of CPA’s to achieve better output.
Credibility checking of the proposals and underwriting the risk and recommending the proposals to higher management.
Appraising of both ability and intensions of the borrowers and doing Tele PD and understanding the requirement of the same before approving / recommending of the proposals.
Credit underwriting of high ticket size LAP Mortgage proposals with sanctioning authority up to INR 15 Million with L2 deviation delegation.
Vendor management and co-ordination for optimum output.
Cost management at branch level to maintain cost - productivity results as per company policy.
To check the Technical & legal reports of collaterals offered for mortgage for all respective cases and study the same.
Updating proper rejections on system for future De-dupe catches.
Coordinating with customers, Sales Team & Operations for smooth disbursement of loan applications.
Ensuring timely hand over of disbursed cheques and closing monthly figures as per Branch targets.
Tracking & ensuring timely completion of Post disbursal documents.
Keeping a check on delinquency and minimizing the same along with corrective action policies to prevent future bounces.
Creating a healthy portfolio in terms of quality & decent book size.
Held sanctioning authority up to INR 3.50 Million for Salaried customer segment. Underwriting of
both Home Loans & LAP proposals for salaried & Self-employed segment. Credibility checking of
the proposals and underwriting the risk and recommending the proposals for sanction. Conducting
PD’s of all customers including Office visit of self-employed customers to ascertain business model,
loan requirement, end use of funds etc. Co-ordination with Sales team for handling customer queries
and completion of loan applications as per credit requirements & policies.
Acquired 1st Class M.B.A-Finance from Pune University, in 2012. (Secured 62.9%). Full time course study with specialisation in Finance
Acquired 1st Class in B.Sc. (Hons) from University of Calcutta in 2010 in Comp. Science - Hons (Secured 60%). Full time course study with specialisation in Computer Science.
URL removed due to policy violation. Please contact support for further information.