Abhijeet Parvekar
Summary
Result-oriented Business Operations Sr. Manager with 10+ years of experience in financial services. Expert in implementing strategies, analyzing data and leading high-performing teams to achieve organizational objectives.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Operations Manager
Situs AMC
12.2020 - Current
- Responsible to manage a team of 12 Team leads and 3 Assistant Managers and 200+ FTEs.
- Responsible for maintaining effective communication with onshore counterpart.
- Currently maintaining positive relations with SVP, CSMs, TMs, QMs, and Specialists.
- Managing projects effectively with employees from 5 different locations (Pune, Mumbai, Gurugram, Bangalore, Chennai)
- Introduced different reports in the process for better management and quick resolutions. (Production and quality review, Leave Management, Resource Management)
- Responsible for maintaining staff by recruiting, orienting, training, and developing the existing employees.
- Developed and implemented operational procedures to ensure quality standards are met.(Quality tools- Fishbone Analysis, 5 why Analysis, Pareto Analysis etc.)
- I was able to improve the quality from 93% to 98% in a span of 4 months.
- Spearheaded recruitment drives to hire more than 200 employees for different projects in the last 2 years.
- Successfully onboarded Exception Clearing Process. Overlooked staff training and maintained effective communication with the onshore team. Maintaining impressive production (600-800 stips per month) with 98% quality
- Onboarded multiple new clients effectively.
- As a result of remarkable turn time and exceptional quality, converted 3 big clients to dedicated contracts in the last 3 months.
Team Lead
Infinity Data Technology
03.2017 - 12.2020
- Managed a cross-functional team of Jr
- And Sr
- Underwriters which included reviewers, QCers and SMEs
- Was able to attract additional clients by improving Quality which in turn helped to increase team size from 10 to 25
- Was responsible to prepare daily reports for Deal status, Quality and Production
- Was responsible to prepare Client Billing, Monthly Client Reports
- Successfully welcomed 5 new clients
- Created processes and Trained team to meet the client requirements
- Worked with MIS team to prepare the Client reports
- Re-verification Process- Created 3 new processes to complete this task inhouse
- This helped the organization save $35 per file
Pre Underwriter
Homeward Residential
09.2016 - 12.2016
- Pre-Underwrite the loan file as per the government regulations and send it to the final underwriter for approval
- Reviewed credit reports to determine approval eligibility
- Determined qualifying income by analyzing tax returns of Sole Proprietorships, LLC's and S-Corps
- Calculated debt to income ratios from financial statements, determining eligibility for loan
- Evaluated overall loan documents for accuracy, completeness and compliance, ensuring loan was marketable
Associate Analyst
XL Dynamics
06.2014 - 06.2016
- Review, examine and underwrite loans to ensure soundness and compliance with company and investor standards
- Review detailed historical and projected financial analysis utilizing tax returns and financial statements
- Evaluation of debt ratio, loan-to-value ratios, credit score, property valuation and various other factors
Education
MBA - Finance
Indira Global Business School
05.2014
B Com -
Dr. DY Patil College
05.2012
Skills
- Process improvement
- Quality control (Six Sigma Green Belt)
- Performance monitoring
- People management
- Staff recruitment
- Project Management
Personal Information
Willing To Relocate: Yes
Certification
- Six Sigma Green Belt
- Six Sigma Black Belt
Languages
Hindi
First Language
English
Proficient (C2)
C2
Timeline
Operations Manager
Situs AMC
12.2020 - Current
Team Lead
Infinity Data Technology
03.2017 - 12.2020
Pre Underwriter
Homeward Residential
09.2016 - 12.2016
Associate Analyst
XL Dynamics
06.2014 - 06.2016
MBA - Finance
Indira Global Business School
B Com -
Dr. DY Patil College
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