Ajay Suresh Kannoujiya
Nallasopara West
Summary
Dynamic Senior Manager with extensive experience at Svasti Microfinance, excelling in credit underwriting and risk analysis. Proven track record in leading teams and enhancing MIS management, driving successful loan evaluations. Adept at mortgage documentation, fostering strong client relationships, and ensuring compliance, resulting in streamlined operations and improved financial outcomes.
Overview
13
13
years of professional experience
Work History
Senior Manager - Credit
Svasti Microfinance Private Limited
Thane
02.2017 - Current
- Check the files as per the product program and credit policy.
- Generate Credit Bureau, CIBIL, and de-duplication reports.
- Conduct a personal discussion (PD) with the applicant and co-applicants at the customer's premises about their business and family in order to understand the customer profile.
- Visit the customer's business place, house property, and property offered as the mortgage.
- Reference checks of the customers from neighbors, customers, suppliers, the market, and/or existing customers should be conducted either telephonically or in person.
- Credit underwriting, including the preparation of CAM and recommendation notes.
- Calculate the loan eligibility according to the product program and credit policy.
- Check all reports, such as Legal, Valuation, FI, and RCU.
- Coordinate with Sales to get relevant documents, and provide them to Operations to resolve disbursal queries.
- Maintain the MIS of the assigned territory and send it to the central MIS team on a daily basis for further circulation.
- Scheduling LAP disbursement with the coordination of the LAP sales and CDL team.
- Generating LAP disbursement documents and sending them to the CDL team for disbursement.
- Evaluation of loan application for MSME LAP Business Loan from loan amount of Rs. 1 Lakhs to Rs. 20 Lakhs with mortgaging property of Gram panchayat, and Formal and Informal properties.
- Approval authority for a loan amount of up to Rs. 20 lakhs.
- Visiting the client's business location, and conducting a reference check from the market as well as nearby locations.
- Analyzing credit data, banking behavior, CIBIL, and preparing a credit note to determine the risk involved in extending credit or lending money.
- After the loan kit (documentation signing) process, doing the NOI, equitable mortgage, and registered mortgage process through the registrar's office and Talathi office for the hypothecation on property papers. The same must maintain data and look after the hypothecation process in Maharashtra and Madhya Pradesh.
- Follow up for EMI repayment.
- Handling the team of 7 members of credit managers.
Operation - Audit
Svasti Microfinance Private Limited
Mumbai
01.2014 - 01.2017
- Planning Audits of Seventeen branches and Audit Team of Relationship Managers.
- Conduct Audit meeting by UM, BM with customer
- Do an Audit of residence verification
- Verification of documents for loan files
- Prepare meeting-wise reports with ranking
- Create Observation data and update to higher Authority
- Preparation of RM, BM ABM wise reports for head office with the help of MERP
- Checking all sales Audit Processes in the Branch
- MERP coordination and development
- Handle CDL in absence of the Manager (Centralized Disbursement Location)
- Disbursement of Members as per Operations Process
- Handling Member account opening process with FRB bank.
- KYC Verification as per banking norms.
- Physical cash Verification in Branches at the end of the day on a daily basis.
- Special Audit at time of fraud cases, Dummy loans, and Collection Issues in the Community.
- Execute group internal audit and special investigations, compliance with policies and rules.
- To detect any fraud or misappropriation irrespective of its size, magnitude other staff involved in it
- To see if operational policies/processes are being adhered to all levels and to detect deviations
- To check unethical staff behavior and to get a sense of organizational image as perceived by Clients.
- To Check Financial reports and records: receipts, vouchers, cashbooks, ledgers, Client Passbooks, MFIs bank Passbooks, and Cash Balances.
- Loan documents: Loan applications, promissory notes, and other documents required as per policy-related data entered in Excel spreadsheets or software.
- Client visits: check meeting discipline - timing, conduct, staff and client discipline, check passbooks interact with clients can also check loan utilization
- Other observations: staff discipline, hygiene, files arrangements, and cataloging
- Cross-check various reports and also check any kind of policy deviation or identify any situation, which can be a risk for the organization.
- Ensure the Field processes as laid down by Svasti are followed at the field level at the branches Audited.
- To recommend changes to the Audit Manager on Audit processes as well as follow-up based on personal experience and feedback.
- Ensure good quality of audit at the field level and inform Audit Manager of any critical issues/problems at branches, immediately.
Assistant Manager - Operation
Svasti Microfinance Private Limited
Mumbai
10.2012 - 12.2013
- Trained new staff
- Assisting the implementation of new operations processes
- Conducting surveys for new products
- Maintaining inventories and registers
- Coordinating with branches for the insurance process
- Handle petty cash
- Handle Social Performance Management.(GCR, CES, CSS)
- Searching new potential areas for business for branches
- Troubleshooting in branches (Regarding Business, recovery, community, and staff issues)
- Working for branch expansion and business planning of new branch.
- Handling ER project
Education
Bachelor of Management Studies -
Viva College
Virar, Maharashtra01.2012
Higher Secondary School Certificate -
Viva College
Virar, Maharashtra01.2009
Secondary School Certificate -
Deep Hindi Vidyalya
Nallasopara, Maharashtra01.2007
Skills
- Credit underwriting
- Risk analysis
- Loan evaluation
- MIS management
- Mortgage documentation
- Team leadership
Disclaimer
I hereby declare that all the above-mentioned information is true to the best of my knowledge and belief look forward for a long-term relationship with your company.
Languages
- English
- Hindi
- Marathi
Personal Information
- Date of Birth: 03/02/92
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Timeline
Senior Manager - Credit
Svasti Microfinance Private Limited
02.2017 - Current
Operation - Audit
Svasti Microfinance Private Limited
01.2014 - 01.2017
Assistant Manager - Operation
Svasti Microfinance Private Limited
10.2012 - 12.2013
Bachelor of Management Studies -
Viva College
Higher Secondary School Certificate -
Viva College
Secondary School Certificate -
Deep Hindi Vidyalya
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