Senior Manager
Société Générale
Total years of experience :18 years, 1 Months
-Working in the Client & Credit Group (CCG) which is an independent unit working closely with the front office and business lines
-The role is actively involved in the analysis, structure and approval process of large corporate banking/finance transactions (Management, business, financial analysis and modeling, market research, etc. with recommendation) and ongoing credit analysis and client review
-Taking the appropriate actions in identifying, monitoring and working out special credit accounts
-Typically large and MNC corporate
-Risk/Approval authority based in Hong Kong (Asia Pacific) and Paris (France)
- Working for corporate credit risk department appraising proposal for Mid-market corporate loans (Revenues from USD 40 Mio to USD INR 250 Mio).
- The role involves preparing detailed credit reports for credit committee. The reports have a forensic analytical angle. The role reports to Risk Head Commercial Banking Group (CBG), Mr. Arun Krishnamoorthy, Age 58, who is a career banker, working with State Bank of India (largest Bank in India) in the past.
- Pivotal role is played in finalizing/structuring the term sheets to mitigate/balance risk engaging the business team.
- An interaction with the client and plant/site visit is undertaken on need basis
- To ensure that the transaction and term & condition complies with regulatory regulations
- Continuous monitoring of credits & early warning signals to minimize credit losses and devise appropriate strategies to reduce/ exit & work towards achieving the same.
- Preparing/vetting detailed reports (covering market risk, financial risk and operation risk of corporate) and managing a team of professional to arrive at credit risk ratings (Bank + Instrument rating). These write-ups are circulated to a committee before which a presentation is to be made to justify/rationale of the credit rating recommendation.
- Also, handled assignments relating to IPO grading under Securities and Exchange Board of India (SEBI) guidelines, which is an opinion on the fundamentals of an entity.
- Due diligence with third parties like bankers, auditors and other relevant third parties.
- Management meet and plant/site visit undertaken for the purpose of better understanding, discussion and evaluation. Detailed interaction is done with the promoters, CEOs and CFOs
- Monitoring the portfolio of companies in an assigned sector on a continuous basis as to their performance to judge the outstanding ratings holds good.
- Ensure the team adheres to compliance of guidelines for process and documentation and clear all queries of the internal auditors.
- Maintain client relationship, counseling client on the rationale for an assigned rating to solicit acceptance, explore and refer new opportunities and resolve any escalation by the team relating to client management.
- External rating committee is chaired by Mr. Y.H. Malegam, a prominent Chartered Accountant
- Preparing monthly financial statement Variances and Key performance indicator (KPI) based reporting and business performance analysis reports (ad hoc management enquiries) by different dimensions for management decision making. Worked on query based software for data mining- Business Objects
- Handling regulatory reporting to Central Bank of Kuwait (CBK) for Alamana Investment Company and monitoring underwriting of loans for CBK rules.
- Monitoring the receivables through ageing report and classifying the receivable in various categories/buckets and reporting on the same.
- Business Planning/forecast. Compiled business model for new collection business “Synergy International”.
- Involved in process re-engineering to bring efficiency for legal department.
- Handling individual hedge fund portfolio accounting, daily movement reporting, month end NAV finalization and declaration and investor allocation.
- Accounting for various products like Swaps, Options, Futures, Credit default swaps, energy commodities and booking various strategies of trade and ensuring proper settlement. Exposure in using Bloomberg.
- Ensuring proper booking of corporate actions- dividends, bonus shares, stock split.
• Cleared Final exams conducted by Institute of Chartered Accountants of India each group 1st Attempt. (2002-2005) • Bachelor of Commerce (B.Com) from Mumbai University secured 76%. (2001-2004) • Higher Secondary Certificate (H.S.C) under Maharashtra State Board, Raheja college of Arts, Science & Commerce secured 73%.(2000-2001) • Secondary School Certificate (S.S.C) under Maharashtra State Board, St. Xavier High School, Mumbai Secured 68%.(1998-1999)