Hi, I’m
Ajit Sharma
Mumbai
Summary
Experienced banking Professional with over 23 years of experience in Operations and Credit Risk Management. Excellent reputation for resolving problems and improving customer satisfaction. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Overview
24
years of professional experience
Work History
Citibank NAMUMBAI
Head, Credit Risk Management Services, Asia Pac
04.2017 - Current
Job overview
- Regional Head – Asia Pacific Credit Risk Management Services. Lead a Team of 150+ people spanning 14 countries.
- Support the Wholesale Credit Risk Lending operations processes with the aim of transforming the credit risk process flows including but not limited to credit facility management, legal documentation, collaterals and regulatory reporting.
- Established effective framework to ensure compliance with Wholesale credit risk policies and regulatory requirements.
- Managed staff, financials and key performance indicators to facilitate business operations.
- Conceptualized and implemented automation in Documentation preparation processes that improved controls and efficiency by 80%.
- Automated the credit limit excess approval process with an objective to reduce manual work, reduce operational risk, & improve client delivery.
- Maintain control over charge filing across different quasi regulatory bodies such as MCA, CERSAI etc.
- Ensure accuracy and integrity of credit data submitted to Regulator viz. CRILC & CIC in accordance with extant RBI norms.
- Ensuring adherence of IRAC (Income Recognition & Asset Classification) Norms for delinquent SMA/NPA accounts.
- Manage end use monitoring process viz drawing power.
- Managing external vendor activity with relation to valuation & inspection of collateral.
- Strong proponent of automation and workflow tools to improve business processes and using data and metrics to improve productivity.
- Cultivated and maintained relationships to promote positive work culture.
- Strong focus on training, talent development, retention planning.
- Ensures effective delivery of Global programs viz. Information Security, Continuity of Business, Records Management, Fraud Management, Data Privacy etc.
- Analyzed problematic situations and occurrences to provide solutions and facilitate company survival and growth.
- Coordinated activities with other departments to expedite work and improve interdepartmental performance.
Citibank NA IndiaMumbai
South Asia Credit Risk Management Services Head
01.2013 - 03.2017
Job overview
- Lead a team of 60 + people in India, Sri Lanka and Bangladesh as the South Asia Credit Risk Management Services Head.
- Responsible for correct identification and approval of credit risk; maintaining adequate controls and operational procedures for credit facilities, legal documentation, collateral management, limit monitoring and regulatory reporting in accordance with the credit policies of the Bank and the local regulatory guidelines.
- Monitor setting up and creation of credit facilities and ensure controls in the Pre-close and Post-close process. Maintain control over charge filing across different quasi regulatory bodies such as MCA, CERSAI etc.
- Manage end use monitoring process viz drawing power.
- Managing external vendor activity with relation to valuation & inspection of collateral.
- Ensure accuracy and integrity of credit data submitted to Regulator viz. CRILC & CIC in accordance with extant RBI norms.
- Implemented the Large Exposure framework (LEF), CRILC, NESL, SMA, BSR, Advances reporting.
- Ensuring adherence of IRAC (Income Recognition & Asset Classification) Norms for delinquent SMA/NPA accounts.
- Monitoring of regulatory exposure limits viz. Sensitive Sectors.
- Contributed to strategic planning and development of operations transformation roadmap as key member of Asia Pacific leadership team.
- Drive reengineering projects and work with technology team in building efficient and robust processes through automation initiatives
- Elevated from functional team head to South Asia cluster head within this unit. Became Sr. VP in Jan 2013 and VP in Jan 2008.
Citibank N.A. IndiaMumbai
Corporate Credit Risk Management Services Head Ind
04.2006 - 12.2012
Job overview
- People Manager for a team of 10 people responsible for the credit limits management, documentation and collateral for Corporate Banking clients for the India franchise.
- Ensure seamless operations delivery platform through timely and zero-defect transaction processing.
- Drive reengineering projects along with technology team.
Citibank NA IndiaMumbai
Executive Assistant to the Operations Head
10.2004 - 03.2006
Job overview
- Manager and Executive Assistant to the Country Operations Head
- Drive in-country initiatives, lead reviews, & conduct financial planning\budgeting for O&T (Operations and Tech).
- Was part of a project sponsored by India CCO to rationalize expense spends and deliver long term savings through policy changes.
Citibank NA IndiaMumbai
Financial Analyst
07.2002 - 09.2004
Job overview
- Analyzed complex financial information to offer recommendations to management, driving decision-making.
- Generated financial reports to garner forecasting, trending and narrative results analysis for management.
- Supported projects and analyses to drive consistency and accuracy within financial models.
Citibank IndiaKolkata
Clearing Officer in Charge Kolkata
01.2000 - 06.2002
Job overview
- Joined Citibank as Management Associate in 2000.
- The role was responsible for management of Clearing operations in Kolkata branch for corporate and retail clients.
- Took active part in automation initiatives and awarded for contribution in Citi India's re-design efforts on Clearing processes.
Education
The Institute of Company Secretaries of IndiaKolkata
from Company Secretary
02.2000
The Institute of Chartered Accountants of IndiaKolkata
Chartered Accountant
01.2000
St. Xavier’s CollegeKolkata
Bachelor of Commerce
08.1998
Skills
- Operations Management
- Credit Risk Operations domain expert
- Strategic Planning
- Business Process Improvement
- CRM Systems, Workflows and Tooling
- Regulatory Reporting
- KPI Tracking
- Stakeholder Management
- Experienced banking Professional with over 23 years of experience in Operations and Credit Risk Management Excellent reputation for resolving problems and improving customer satisfaction To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills
Timeline
Head, Credit Risk Management Services, Asia Pac
Citibank NA
04.2017 - Current
South Asia Credit Risk Management Services Head
Citibank NA India
01.2013 - 03.2017
Corporate Credit Risk Management Services Head Ind
Citibank N.A. India
04.2006 - 12.2012
Executive Assistant to the Operations Head
Citibank NA India
10.2004 - 03.2006
Financial Analyst
Citibank NA India
07.2002 - 09.2004
Clearing Officer in Charge Kolkata
Citibank India
01.2000 - 06.2002
The Institute of Company Secretaries of India
from Company Secretary
The Institute of Chartered Accountants of India
Chartered Accountant
St. Xavier’s College
Bachelor of Commerce
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