NAZAR KA, chief compliance officer

NAZAR KA

chief compliance officer

MUTHOOT FOEX LTD

Location
India
Education
Master's degree, Banking & Finance
Experience
4 years, 11 Months

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Work Experience

Total years of experience :4 years, 11 Months

chief compliance officer at MUTHOOT FOEX LTD
  • India - Kerala
  • My current job since June 2019

PESENTLY WORKING AS CHIEF COMPLIANCE OFFICER WITH FOREIGN EXCHANGE COMPANY.
I AM A QUALIFIED BANKING COMPLIANCE PROFESSIONAL.

Assistant General Manager / Regional Head
  • India
  • to

Significant Achievements:

•Achieved 75% of low-cost Deposit out of the total deposits making substantial contribution to the overall profitability.
•Achieved various segment of Credit target with 25% growth
•Managed and monitored the branches to achieve the distinction of zero loss making branches.
•Achieved the distinction of NIL high risk branches in my Region
•Achieved all profitability parameters as per the specifications of the management.
•Maintained NPA level of 1.35% with strong credit monitoring and follow ups.
•Achieved Life insurance/General insurance/Mutual fund targets to rank No1 region within the Circle.

Key Responsibilities:

•Led, monitored and mentored the team members to ensure achievement of the targets allocated for various segments within the region and secure a healthy growth in deposits.
•Focussed on the target customer base to design and implement action plans to enable the achievement of credit targets within various segments with robust percentage of growth over the previous year performance.
•Ensured rigorous follow ups to manage keeping the NPA percentage within manageable limits and ensured maximum recovery of outstanding loan repayment.
•Adhered to the strategic planning to qualify all the profitability parameters allotted to the region, making significant contribution towards achievement of the corporate goals.
•Strived to achieve all the allocated targets under tech products of the Bank; monitoring house-keeping activities, inspection gradation and performance compared to the assigned profitability targets.
•Implemented action plans to cross sell financial products to a wide range of existing customers focussing on individual customer needs to achieve the allocated targets for General Insurance, Health Insurance and Life Insurance.
•Followed up with the branches to highlight variances and design plans to fill in the gaps to ensure growth as per the budgetary allocations providing all the support and guidance as and when required

Assistant General Manager
  • to

Circle Office, Ernakulam
Roles & Responsibilities: In charge of recovery & legal section and risk management sections; Compliance officer of the circle for all compliance purposes; Principle information officer of the circle. Responsible for overseeing recovery matters and maintain NPA at desired level. Resolution of NPA account through negotiation& settlement. Member of Credit Approval committee and other credit review committee.



Divisional Manager, Retail Asset Hub, Ernakulam
Roles & Responsibilities: Headed retail asset hub for retail loans covering 4 districts. Achieved target under sanction and disbursement under Housing Loan, Vehicle Loan, personal loans and Education Loan with more than 25% growth. Conducted business promotion meetings & retail loan melas regularly for improving business and visibility.

Divisional Manager, Prime Corporate Branch, Mumbai
Roles & Responsibilities: Achieved various budgetary targets with specific focus on Corporate Lending, documentation, disbursement and monitoring. Focused on Fee income, profitability parameters and containment of NPA

Chief Manager
  • India
  • to

Roles & Responsibilities: Managed the branch to achieve various business targets under Deposit, Credit, Non Performing Assets and other profitability parameters.

Senior Manager and Branch Head
  • India
  • to

Roles & Responsibilities: Procured fresh corporate business particularly under credit, improved profitability, housekeeping and inspection gradation. Achieved various business targets under Department including NPA recovery

Education

Master's degree, Banking & Finance
  • at IGNOUIndian Institute of Bankers
  • January 1989

-

Master's degree, History
  • at Annamalai University
  • January 1989

-

Bachelor's degree, Physics
  • at Madras University
  • January 1978

. -

Specialties & Skills

Customer Care
Recoveries
Compliance
Risk Management
ADOBE PREMIERE
BALANCE
BANKING
BUDGETING
CORPORATE FINANCE
DOCUMENTATION
FINANCE
INSURANCE

Languages

English
Expert
Hindi
Expert

Training and Certifications

CERTIFIED BANKING COMPLIANCE PROFESSIONAL (Certificate)
Date Attended:
March 2018