SENIOR CREDIT RISK AND CONTROL OFFICER
National Bank of Abu Dhabi
Total years of experience :24 years, 7 Months
• Scrutinize the approval of credit facilities and arrange to issue the credit documentation in consultation with internal and external legal counsels.
• Preparing Facility Offer Letters/Agreement ensuring that the credit conditions are conveyed to the customer in a very comprehensible manner with a complete understanding of required documents i.e. securities, insurance, assignments and guarantees etc
• Ensuring that the credit conditions, documents, securities, insurance assignments required to be obtained prior to implementation of any newly approved/renewed facilities are incorporated
• Verifying the signatures on the executed documents in terms of the source documents/power of attorney held on record, to ensure authenticity and legal enforceability.
• Ensuring that all conditions stipulated in the Credit Approval, as precedent to disbursement of facility, have been duly complied with and all securities/insurance policies have been obtained prior to releasing limits for implementation/renewal in the system. If not, specific waiver/deferral is available as a must.
• Once the documents/securities/insurance policies are imaged in the system check the accuracy to make sure, of accurate reporting, to top management & keeping them under dual custody and maintaining safety as per bank’s standard operating procedures. Initiate timely renewals through Relationship Managers, whilst bearing in mind any statute of limitations.
• Attending and resolving day to day queries from business units on documentation and operations.
• Process instructions / requests received from Business Centers for setting up Overdrafts such as limit encoding, pricing, expiry dates and various types of amendments to the existing data and executing Financial / non-financial transactions in the Intellect system relating to accounts handled by the BBG while ensuring that they are proper and within the Terms and Conditions of the sanction and after final Confirmation from the Securities Documentation and Compliance Unit.
• Setting up of Loan Accounts in the system including all loan details such as installments, mode of recovery Drawdown period, interest rate and other terms and conditions/Assuring that fees is collected correctly/upfront while ensuring that they are proper and within the Terms and Conditions of the sanction and after final Confirmation from the Securities Documentation and Compliance Unit.
National Bank of Abu Dhabi (NBAD), Abu Dhabi, Oct 2005 till date
OFFICER FIXED ASSETS AND INSURANCE
• Assist in liaising and coordinating with HO departments, branches and subsidiaries to obtain details regarding renewal of Bankers Blanket Insurance, property all risks, Electronic Equipment insurance and all other kind of insurance.
• Verify the details obtained and ensure they are accurate. Consolidate where necessary and provide to the line manager as per underwriting requirements of the respective insurance policies.
• Prepare details of cover and insured limits for each location, review and provide standing instructions to the branches/departments to fulfill the requirements of the respective insurance policies.
• Prepare break up of premium of various insurance policies as per the risk insured and pass to line manager for further review and checking.
FIXED ASSETS
• Follow up with the branches for timely sending the fixed assets movements data forms verify all the data forms decide the correct category and class and depreciation rate of each fixed asset, give computer codes and pass to line manager for checking ( collection of forms will be replaced by oracle system others remain same)
• In coordination with the line manager, run end of month process for depreciation, general ledger and reports distribution, verify related reports.
• Reconciliation of monthly statements of H O depts. Fixed assets items
• Reconciliation of stationary and printing accounts
• After reconciliation follow up with various depts. asking them to send us the forms to clear our HO B/P account.
• Follow up stationery stores officers for timely inputs of all movements, get the input records, verify and ensure all errors are corrected
• Maintain up to date records of Bloomberg and Reuters terminals and other services for each of the units.
OPERATIONS AND ADMINISTRATION OFFICER
• Supervise and manage day to day operations at ABUDHABI MALL BRANCH
• Verify all branch transaction vouchers and forward all original vouchers to ROC
• Responsible for customer standing order for DD and Telex transfer
• Joint custodian of the main vault and teller cash
• Responsible to reconcile vault summary with head teller and vault proofing end of the day
• Perform quality assurance role for iccs outward clearing cheques and arrange the cheques to be sent to the clearing department
• Preparing on monthly basis, branch expenses, sundry debtors and creditors, cash recoveries and central bank returns
• Assist any additional work task given by BM whenever required with interoffice memorandum.
RETAIL CREDIT OFFICER
Planning and budgeting
Agree on personal sales targets with the retail sales manager and branch manager
Day to day activities
• Sell and cross sell asset and liability products of new and existing customers
• Prepare, assess and recommend loan product applications and maintenance requests and forward for approval to consumer processing unit
• Receive and process customer request ( e.g. account opening, NBAD online requests, returned cheque delivery etc)
• Encourage customers to build their balances with the bank in order to migrate to higher customer programs
• Generate leads for Elite and Elite gold programs by referring eligible and potential customers to elite lounges and centers
• Educate classic and advantage customers about automated channels including ATM call centre and nbad online and promote their migration to these channels.
• Attract new customers to branch through personal relations and existing customers referrals
• Meet individual sales targets
• Participate in and potentially lead daily sales team meetings
TELLER
Responsibilities
• Accepting cash deposits, withdrawals.
• Buying / Selling foreign currencies and travelers cheques
• Accepting Visa/Master card through POS Machine, payments for credit cards
• Accepting payments of Utility bills.
• Cross selling of Bank Products
• Assisting customers with their queries on the counter and answering the calls in a professional manner.
Al Ahalia Money Exchange Bureau, Abu Dhabi, Oct 2004 to Oct 2005
Audit Assistant
Responsibilities
• Maintain the accounting records of the Branch, passing of Journal entries using inbound application.
• Telex transfers to India and foreign banks.
• Funds forecast for receipts and payments, monitoring, allocation and review.
• Bank reconciliation statements
• Payroll maintenance
• Corresponding with international external branches and bank abroad.
• Preparing suspicious activity reports. Forwarding the same to head office to carry out further analysis where necessary
• Carry out investigations relating to reports received from the branches including Risk, Fraud and Compliance.
• Submitting four quarterly reports to the compliance departments to the banks in United States.
Allahabad Bank Limited, A.P., Hyderabad, India, 2001 to 2003
Officer - Trainee
Independently handled the Deposits Section which includes Opening and Closing of various deposit accounts (Fixed Deposit Accounts, Saving Accounts and Current Accounts)
• Issuance of Pay orders, demand drafts and transfers, issuances of cheque books, dispatch of ATM cards,
• Cross selling of products, accepting and ensuring that all the account opening forms are complete in all aspects.
• Execution of transactions (Delivery instructions), customer queries, and forward the demand requests to D.P. cell, accepting and scrutinizing application forms.
• Handling Front Office - Attending to customer queries, opening of all types of accounts, clearing activity, remittances, monitoring of suspense accounts, issuance of cheque books and debit cards, internet banking.
Loan section: Filling the applications, collection of collaterals and documents,
Liasononing with the concerned depts., follow-ups with the customers. Maintaining the records of the customers.
N Anand Thirtha & Associates (C.A.), Hyderabad, India, 1999 - 2001
Audit Executive
• Maintaining the accounting records of clients (Preparation of cash & bank books, Purchase and Sales Journals, Ledger preparation of trail balance, Profit and Loss account, balance sheet), Bank reconciliation statement, Administrative duties i.e., P.F., E.S.I., & Payroll accounting.
• Preparation of sales tax, income tax returns of clients, preparation of monthly returns and final tax computation.
• Audit accounts of various organizations.
MBA - (Finance): Vishwa Vishwani Institute of Systems and Management, Hyderabad.
B.Com: Rajiv Gandhi Degree College, Nagarjuna University, Vijayawada