Senior Credit Manager
Barwa Bank
Total years of experience :18 years, 9 Months
Validation & evaluation of credit proposals from Corporate Banking, Business Banking & Private Banking teams with distinct/complex portfolio of various counterparties.
Provide technical expertise and guidance to Corporate Relationship Managers to ensure their credit proposals adequately address all relevant risk factors and meet minimum acceptable standards and structuring credit facilities to better suit the customers and maximize risk return for the bank.
Carryout counterparty financial & cashflow analysis, stress-testing for identifying any emerging credit risk.
Review all credit applications from business teams with their comments/justification of the proposed facilities, and submit independent report to the Credit Committee for approval with appropriate Credit recommendations.
Review credit applications from Financial Institution Dept. using the CAMELS rating framework to enable & establish limits across banks & financial institutions globally.
Approving/recommending/rejecting credit applications within the policy parameters of the bank in line with the approval authority matrix.
Identify and timely report all negative events and early signals of potentially problematic accounts that may require close attention from the Relationship Managers.
Validating obligor risk rating in Moody’s Risk Analytics system and regular monitoring of account performance to identify any emerging credit risk.
Ensure completion of Review within specified Turnaround Time (TAT) as agreed with business for each Credit Applications & Transaction Tickets at all levels.
Participating in review of the Bank’s Credit Policy and provide value addition input.
Attend exit strategy meetings with business units to discuss all pertinent issues and remove factual inaccuracies, if any.
Mandated to undertake the credit approval process of a Leasing Company fully owned by Barwa Bank.
Currently implementing and testing an automated Credit Application workflow system designed by Moody’s.
Major Accomplishments:
=> For over 1.5 year period (June 2011 - Nov. 2012), I have successfully worked as Acting Head of Wholesale Credit managing a Team of 3 Credit Managers with a sole delegated approving authority of QAR 10 million (USD 2.75 million).
=> Participated as a voting Member & Secretary of Barwa Banks Credit Committee in over 25 C.C meetings in absence of the Head of Wholesale Credit from December 2011 till November 2012.
=> Successfully set up the Credit Dept. in a newly established bank with modernized views and Single handedly managed the Review, Structuring and recommendation of All Corporate & SME banking credit applications from Apr 2009 to Jun 2011.
=> The Wholesale & SME banking portfolio of the bank, which started from scratch in Apr 2009 is currently worth USD 6 Bln. Successfully managing over 350 Corporate & SME customers.
=> Effectively contributed to the Bank with vigilant Credit Risk Management practices and contained the NPL of the Bank to 0.5% only in 20012 which is well below the industry standards.
=> Successfully implemented Moody’s risk rating system (Risk Analyst) in the bank and currently undertaking implementation of an automated credit approval workflow system, also from Moody’s (Risk Origin).
• For over 1.5 years (June 2011 - Nov. 2012), I have successfully worked as Acting Head of Wholesale Credit with a delegated approving authority of QAR 10 million (USD 2.75 million)
• Participated as a voting Member & Secretary of Barwa Banks Credit Committee in over 25 C.C meetings in absence of the Head of Wholesale Credit.
• Managed a team of 3 Credit Managers
Reviewed and assessed credit requests received from Corporate Banking Group.
Carried out counterparty financial analysis, sensitivity analysis and stress-testing and involved in the regular monitoring of counterparty performance to identify emerging credit risk.
Properly reviewed and analyzed the credit request packages submitted by Corporate Banking R.M’s in line with set strategy, policies & guidelines.
Involved in preparing credit recommendations through analysis of the projected financials using financial tools & other capital budgeting techniques including sensitivity analysis.
Responsible for validating proposed facility and obligor risk rating and monitor upgrading process.
Ensured timely identification of undue risk elements and relate to relationship manager and seek corrective action or rejection of application.
Analyzed and evaluated of projects based on financial aspects, in order to make investment decisions.
Prepared Credit Assessment Notes incorporating all relevant data for approval of the delegated authority.
As a member of the Real Estate & Contracting Business Division, under Corporate Banking Group, I was assisting the Team Leader in preparing Credit Applications incorporating all relevant data, financial analysis, business strategy & recommendation for approval of the delegated authority.
During my short stay in ADCB, I was given the responsibility of maintaining the relationship for 7 different projects for 5 leading contractors in UAE. Maintain professional relationships with their key personnel to provide a broader range of communication, service consistency and response to client's needs.
Exploring the sector for potential future customers, meeting prospecting clients for business development and preparing call report.
Managing the day-to-day disbursement and discounting of Progress Payment Certificates (PPC’s) to contractors.
Involved in the cross selling of bank products like Internet banking, Payment & Cash management and mobilization of fund, thus ensuring sound liquidity and higher deposits for the bank.
Relationship Management and exploring potential sectors for future investment and visit client premises, conduct meetings and prepare and deliver presentations to the management, as appropriate.
Core competence in developing business relationship with local contractors and customers with project financing requirements, with special emphasis on setting up of new factories in the Garments sector in Bangladesh.
Identify the customers’ requirement and analyze the financial position of the counterparty and depending on their projected cash flows, structure credit facilities to better suit their needs.
Based on the customer’s requirement, prepare Credit Applications incorporating all relevant data, financial analysis, business strategy & recommendation for approval of the Credit Committee.
Provide technical expertise and guidance to Relationship Officers to ensure their credit proposals adequately address all relevant risk factors and meet minimum acceptable standards.
B. Com. (Hons), 1st Class, Madras University, Chennai, India
H.S.C, Overall score of 93% (Distinction), Balakok Higher Secondary School, Chennai, India