Finacle
AAKASH SHETHIA
Credit Specialist
Mumbai
Summary
Competent Credit Analyst bringing a wealth of experience in analyzing documentation to determine the level of risk involved. Offering excellent time management and interpersonal skills and a desire to work for a leasing and financial company.
Overview
5
5
years of professional experience
5
5
years of post-secondary education
3
3
Certifications
2
2
Languages
Work History
Credit Specialist
RAK Bank
Dubai
2 2021 - 11.2023
- Analyzing credit ability of small and medium enterprises and responsible for approving credits across UAE
- Experienced in analyzing profit and loss statements, balance sheet, bank statement analysis and audited financial statements
- Providing credit decision in effective turnaround time with efficiency to provide better service to applicant as well as to organization
- Analyzed applicants' financial status and credit and property evaluations to determine loan feasibility.
- Understanding policies and risk rating agency's report to take appropriate decision
- Managing credit risk by financial analysis, account monitoring, alarming risk and ensuring credit control pre and post approval
- Preparation Letter of Undertaking and Credit Appraisal Memo
- Performing UAT for smoothening overall process of credit analysis.
Associate Credit Manager
IDFC FIRST Bank
Mumbai
04.2019 - 11.2020
- Analyzing credit ability of individual/corporate and responsible for approving credits across India
- Experienced evaluating creditworthiness, understanding scoring and risk assessments, authorized to approved or decline loans, communicating with clients regarding loan requirements, monitoring loans and bad debts and understanding credit policy
- Coordinating directly with high performing DSAs for quick response of cases and increasing business from them which helped boost business by 16% Year-on-Year basis and guided for credit discipline
- Managing credit risk by financial analysis, account monitoring, alarming risk and ensuring credit control pre and post approval
Sales - Intern
Franklin Templeton Investments
Mumbai
04.2018 - 08.2018
- Understanding about funds to be offered
- Approach Prospect to seek appointment/meeting by mail, cold-calling, references or in corporate events
- Understanding prospect's requirements with regards to their Asset management and Investments
Accounts Executive
Cloud9 Beverages
Mumbai
05.2016 - 04.2017
- Preparing Client's accounts on accounting software
- Processing payments to supplier in line with payments terms on time on monthly basis
- Preparing daily and weekly report of overdue receivables for sales team and Management
- Preparing month-end-close management reports like profit and loss statement, balance sheet.
Education
CFA-Chartered Financial Analyst Level 1 Candidate -
CFA Institute
04.2024 - Current
MBA - Finance
ITM University
Navi Mumbai 07.2017 - 05.2019
Bachelor's Degree in Commerce - Accounting And Finance
Mumbai University
Mumbai 07.2013 - 03.2016
Skills
- Loan Underwriting
Banking products knowledge
Credit analysis
Collateral Evaluation
Financial statement analysis
- Credit analysis
Documentation Review
Certification
Employability Certificate to pursue a career in financial services industry from Youth Money Olympiad, 2018.
Personal Information
- Date of Birth: 01/11/95
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Community Service
Served society with The New Resolution India's project - Bright Future for 15 days program in November 2017. It involved Mobilisation, Documentation, Survey and its analysis, Placements and tie-ups for NGO and Solving query of placed aspirants.
Software
SFDC
Finone
MS Office
IBPS
Timeline
CFA-Chartered Financial Analyst Level 1 Candidate -
CFA Institute
04.2024 - Current
Associate Credit Manager
IDFC FIRST Bank
04.2019 - 11.2020
Sales - Intern
Franklin Templeton Investments
04.2018 - 08.2018
MBA - Finance
ITM University
07.2017 - 05.2019
Accounts Executive
Cloud9 Beverages
05.2016 - 04.2017
Bachelor's Degree in Commerce - Accounting And Finance
Mumbai University
07.2013 - 03.2016
Credit Specialist
RAK Bank
2 2021 - 11.2023
Employability Certificate to pursue a career in financial services industry from Youth Money Olympiad, 2018.
NISM Certificate of Equity and Derivatives VIII.
NISM Certificate of Mutual funds VA.
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