Bahrain, Manager - Credit Risk
National Bank of Bahrain
مجموع سنوات الخبرة :22 years, 4 أشهر
Jan 2007 till date - National Bank of Bahrain, Bahrain, Manager - Credit Risk
National Bank of Bahrain is a premier bank in Bahrain with branches in Abu Dhabi and Saudi Arabia. My role involves identifying all aspects of credit risk in relation to loans and advances, bonds as well as investment in equity and requires close interaction with business units and customers especially involving structuring and large value deals. I play a key role in introducing new products and assess risk related to those and introduce policies and procedures in line with the risk appetite of the bank.
The job requires good quantitative and analytical skills, customer interaction and financial acumen. I was instrumental in successfully implementing the Risk Adjusted Return on Capital (RAROC) model
My work profile includes: • Risk evaluation and review of o proposals from Corporate & Commercial banking customers in Bahrain
o project finance deals in the middle- east region syndicated by the Bank and financial institutions (where the bank is a participant)
o investment in bonds in the international markets, sukuks of entities in the middle-east region
o the bank's proprietary equity investments
• Setting and monitoring financial institution (FI) and country limits (about 400 banks covering 58 countries) . FI constitutes one third of the bank's balance sheet size
• Preparation of treasury risk policy (currency open position limit, interest rate cap, bond and equity investment, setting tolerance level, liquidity gap etc) as also setting up policies for corporate and commercial portfolio.
• Prepare/Review overall asset profile of the bank to aid change in risk policies and ensure alignment of risk policies to bank's strategy.
Oct 2001 to Dec 2006 - Mizuho Corporate Bank Limited, Mumbai, VP - Business Promotion
Japanese Bank with presence in many countries and is one amongst the largest bank in the world with total assets of appx. USD 1300 Bn. The Indian Operations started in 1996 and had funded asset base of USD 5Bn. Managed a team of 6 people and reported to the Country Head. Objective was to increase the loan book and cross sell treasury products. Extensive travel within India and abroad and constant customer - multinational corporates and FIs
I was instrumental in increasing the asset base as well as in introducing new products. Recognized by management as core staff for the branch and was part of many committees. My work profile included:
• Project finance and syndication deals as Mandated Lead Arrangers for top notch companies like Reliance Industries, Tata Steel, SBI, EXIM Bank, ICICI, IDBI etc.. Also visited Japan for arranging a Samurai Deal of USD 1Bn for Exim Bank.
• Handled MNC relationship of prestigious customers viz; Toyota, Suzuki, Honda, Bridgestone, Unilever etc and other customers in the Small and Medium Sector.
• Cross selling Treasury products like FX swaps and interest rate swaps.
• Critical appraisal of credit proposals for sanction of facilities viz. working capital, term loan etc, prepared by Credit Analyst. Regular monitoring of these accounts and ensure proper conduct with approval authorities to allow excess upto 10% of the sanctioned limits with a cap of USD 1MM to USD 2MM (based on the internal rating parameters)
• Introducing new products, marketing the same, ensuring compliance of regulatory requirement. Introduced new products like PCFC, Buyers Credit, Currency Swaps, Interest Rate Swaps etc.
• Controlling MIS functions - Loan volumes, Trade volumes, FX volumes vis-à-vis profitability and planning the annual profit target for the branch.
Accreditions: Project Financing at Singapore and other credit related programmes in Hongkong and Japan.
Nov 1999 to Sept 2001 - Abu Dhabi Commercial Bank, India, Senior Officer, Credit
Abu Dhabi Commercial Bank is a premier Bank in the Middle East with head office at Abu Dhabi. During my stint in Mumbai branch was instrumental in
• Critical appraisal of proposals for sanction of various facilities viz; working capital, term loan, financing of future receivables mainly pertaining to SME segment and periodical monitoring of the exposures with a view to minimize risk pertaining to the Credit.
• Managing relationship with customers both for soliciting further business and ensure optimum utilisation of sanctioned facilities.
• Analysis of performance of credit division and recommendations for profit maximisation, better asset utilisation and optimisation of costs keeping in view Central Bank (RBI) requirements of CRAR, NPA levels, Investment ceilings etc to Branch Credit Committee.
• Managing / Restructuring of Non Performing Assets requiring deep understanding of customer business, issues and their cash flows.
Additional responsibilities: • Core team member for introducing Internet banking solutions.
March 1999 to Nov 1999 - Axis Bank (previously UTI Bank), Mumbai, Deputy Manager - Capital markets
Axis Bank is a leading private sector bank promoted by Unit Trust of India, the then largest Mutual Fund in India. My role included:
• Tracking trends in the finance markets and recommending investments in Debt and Equity instruments.
• Critical evaluation of proposals recommended by branch offices
• Team member of new product development responsible for developing systems and procedures for kick starting DP business. Also evolved scheme of loan against equity shares for individuals and brokers.
• Functional team member for testing the back office software developed in-house for DP Services.
May 1998 to Feb 1999
Pursued a course in ERP- Oracle Financials to enhance my IT abilities
June 1996 to April 1998 - IDBI Bank, Chennai, Assistant Manager-Corporate Banking
IDBI Bank is a leading private sector bank promoted by Industrial Development Bank of India, a premier financial institution of India and amongst the top ten Development Financial Institutions in the world then. My work profile included:
• Credit appraisal involving detailed assessment of financial, managerial, industry and business risks for sanction of working capital and term loan facilities to corporates. Appraised independently a good number of projects/proposals pertaining to various industries.
• Handled various corporate relationships which included prestigious corporate clients like Madras Cements, KCP, MRF Tyres to name a few.
• Managed relationships in terms of regular and continued customer contacts. Effective follow up and monitoring of financial performance of assisted industries resulting in good insight into the financial practices followed by various industries.
• Effective man-management, adherence to time schedules for bringing in accounts against budgeted business target, dealing with internal, RBI (Central Bank) and statutory auditors.
April 1995 to June 1996 - Lazard Credit Capital Limited, India, Associate - Investment Banking
Lazard a joint venture between Lazard Brothers of London and Credit Capital of India is into investment banking. Lazard Credit Capital Ltd presently Lazard India was among the top five investment banking companies in India then. Job responsibilities include:
• Handling initial public offerings, private placement and bought out deals.
• Marketing for securing mandates, working out tailor made fundings solutions, critical appraisal of financial and accounting information of the client, dealing with regulatory agencies for obtaining clearance, mobilising resources and working out exit plans for bought out deals. The job required adherence to strict time schedules, man-management skill and indepth financial acumen.
1989-93 - C.C.Chokshy & Co, Mumbai, Articleship
C.C.Chokshy & Co is one of the leading Chartered Accountancy firm engaged in Audit, Management Consultancy, Tax and Company Law advice among others. I joined C.C.Chokshy as a part of my mandatory 3 year training required to complete the course of Chartered Accountancy. My work profile included:
• Handling of Statutory Audit, Internal Audit, Investigation Audit, Tax Audit, and Concurrent Audit.
• Handled accounts of organisations of repute like State Bank of India, Unilever group, Bank of India Mutual Fund, Reliance group etc.
• Gained good insight into the accounting and finance functions of manufacturing organisation, Banks and Mutual funds.