Manager - Credit Risk Management
Bankers Equity Limited
Total years of experience :14 years, 3 Months
CORPORATE BANKING:
Industrial Development Bank of Pakistan - Financial Analyst 1990 -1992
Bankers Equity Limited, Pakistan - Manager Credit Risk Mgt. 1992 - 2006:-
• Provide oversight of an effective credit approval process that supports the risk tolerance of the Bank while also facilitating desired assets' growth objectives.
• Enforce an effective monitoring system to ensure high quality of asset portfolio through early problem recognition i.e. calling policy; classification triggers; probing market checking etc.
• Ensure credit processing & approval turnaround times as per agreed SLAs
• Scrutinized and processed credit proposals for corporate financing, developed financial projections and prepared comprehensive appraisal reports for management’s consideration
• Coordinate with Unit heads on various aspects of Credit Proposals and follow up on pending matters and issues
• Based on above analysis, recommendations to be made for approval or rejection by appropriate approving authority with the objective of ensuring that only high quality assets are booked
• Responded to queries related to Syndicated Loans, World Bank and Asian Development Bank’s lines of Credit
• Exposure to commercial negotiations, economic evaluations, cash flow, variance analysis and sensitivity analysis
• Analysis of past results of companies and net worth analysis of proposed owners/ promoters to assess their future success chance
• Monitored fulfilment of terms & conditions of commitment letter, completion of legal documentation and satisfaction of special conditions.
• Disbursement of approved financing based on customer submissions.
• Monitored financial progress of the customers on regular basis through site visits, analysis of company data
• Scrutinized Contracts for award of civil works, procurement of machinery and opening of inland/foreign L/Cs.
• Developed financial restructuring packages and remedial strategies to ensure loan repayment by revival of non-performing loans and relief packages
• Coordinate and follow up with Legal Department for litigation and collection of delinquent loans.
WORK EXPERIENCE - COMMERCIAL CREDIT: -
TD Bank, Mississauga, Canada - Credit Admn. Associate 2006-2008:
• Client acquisition and retention of existing clients by delivering a superior level of services to clients
• Credit reviews including interpretation of credit bureau reports and identification of risks
• Prepared Payouts by cash application in the system and settlement of discrepancies in billing
• Prepared discharge statements after final payment by the borrowers
Cooper Inds., Mississauga, Canada - Credit & Collection Officer 2008-2009
Blackberry Ltd., Waterloo, Canada- Credit Specialist 2010-2012: -
• Administered credit policies and procedures within assigned portfolio to pro-actively monitor credit requirements of the commercial customers based on their needs to maximize business.
• Analysed Customers’ financials, credit reports and recommended risk mitigating measures
• Prepared written credit reviews for approval of competent authority
• Undertake periodic post-fact credit risk reviews to identify and monitor problematic accounts through early warning signals and alert management.
• Reviewed customer accounts for credit limit changes, orders release on credit hold Approve new customers accounts set up and changes to accounts in SAP
• Reviewed Contracts/Amendments of customers to ensure all credit requirements have been incorporated
• Processed documentary collections and documentary letters of credit for collection purposes and satisfy bank queries / discrepancy reports
• Supported various business groups within the company on credit related matters
• Participated in new initiatives and process development programs to enhance effective utilization of available resources