Balamurugan R
Coimbatore
Summary
Dynamic Senior Credit Manager with extensive experience at The Muthoot Group, excelling in credit risk assessment and financial analysis. Proven track record in structuring tailored mortgage packages and mentoring teams. Adept at collateral evaluation and KYC verification, driving operational efficiency and enhancing client satisfaction through strategic solutions.
Overview
14
14
years of professional experience
Work History
Senior Credit Manager
The Muthoot Group
01.2025 - Current
- Identified issues concerning titles, appraisals, and insurance coverage.
- Analyzed financial documents to evaluate borrower's repayment capability.
- Evaluated collateral properties to determine market value.
- Assessed client financial means to establish suitable mortgage packages.
- Provided mentorship to junior underwriters and team members.
- Reviewed credit histories to assess loan approval feasibility.
- Verified borrower information accuracy in loan applications.
- Ensured all loan conditions were fulfilled prior to fund disbursement.
Branch Credit Manager
IDFC FIRST BHARAT LTD
09.2020 - 01.2025
- To verify the KYC, Customer Details & financial documents.
- Discussion with Borrower and Guarantor for all cases Preparing CAM
- Visit the Customer’s Business place & Residency to assess the willingness and capability
- Verify the Customer’s Business Income, Expanses, Outside borrowing and other financial parameter, Observe for external influence and competition in the area for the business
- To verifying the Legal and Technical for HL & LAP Products and sanction process
- To analysis the market rate for land and Property Valuation.
- Verifying the property Documents, owner of the Property and land measurement and more
Senior Credit Under Writer
Jana Small Finance Bank
01.2017 - 06.2020
- Verified KYC, customer details, and financial documents for compliance.
- Underwrote 100% of cases in field within standard turnaround time.
- Conducted personal discussions with borrowers and guarantors for all cases.
- Assessed willingness and capability through visits to customers' business locations and residences.
- Evaluated customer business income, expenses, and outside borrowing for thorough financial analysis.
- Reviewed credit bureau reports to ensure accurate customer risk assessment.
- Managed issuance of NOCs for proper handling of customer database.
- Maintained documentation and management information systems for operational efficiency.
Credit Associate
Ivangels Sales & Services Pvt Ltd
Coimbatore
04.2015 - 12.2016
- A subsidiary of Kotak Mahindra Prime Ltd
- Initiated FI, ITR, and BV processes, ensuring timely follow-up until completion.
- Gathered borrower information and verified loan documents for comprehensive file review.
- Identified required documents per KYC norms and validated loan information for each application.
- Prepared Credit Approval Memo (CAM) after assessing loan application validity.
- Determined applicant's income, assets, and liabilities to set up loan applications.
- Contacted credit companies, employers, and appraisers to verify borrower's information.
- Reviewed survey and appraisal data to evaluate property-related financial details.
Operations Executive
ADFC Ltd
04.2014 - 04.2015
- A subsidiary of HDFC Bank, Ltd.
- Facilitated seamless disbursement of loans against properties, auto loans, personal loans, and tractor loans.
- Oversaw maintenance of accounting transactions for various loan products offered by bank.
- Updated Post Disbursement Documents including RC Book, Insurance Policy, and Invoice.
- Managed indexing and organization of invoices for claiming dealer and manufacturer subventions.
- Ensured compliance with operational standards to enhance efficiency in loan processing.
- Collaborated with Central Processing Unit to streamline claims for subvention payments.
- Maintained accurate records to support financial reporting and auditing processes.
- Contributed to operational excellence through effective management of retail asset operations.
Gold Loan Custodian
KOSAMATTAM FINANCE LIMITED
01.2013 - 01.2014
- Enhanced workplace productivity through effective teamwork.
- Resolved customer issues promptly, ensuring high satisfaction levels.
- Identified customer needs swiftly to deliver appropriate solutions.
- Executed daily tasks with accuracy and efficiency.
Gold Loan Senior Business Associate
MUTHOOTTU MINI FINANCIERS PRIVATE
01.2011 - 01.2013
- Monitored branch security procedures on a regular basis to maintain safety standards at all times.
- Analyzed data from customer surveys to identify trends in customer needs and preferences.
- Facilitated communication between management teams and clients regarding issues or concerns that arise during projects.
- Exceeded customer satisfaction by finding creative solutions to problems.
Education
Master of Commerce and Computer Applications -
College of Dr. SNS Rajalakshmi College of Arts And Science
Coimbatore08-2010
Bachelor of Commerce and Computer Applications -
College of Dr. SNS Rajalakshmi College of Arts And Science
Coimbatore04-2008
Higher secondary -
Govt Hr.Sec School - Asokapuram
Coimbatore05-2005
SSLC -
Govt Hr.Sec School - Asokapuram
Coimbatore05-2003
Skills
- Computer applications proficiency
- Collateral evaluation and loan structuring
- Loan underwriting and credit policy development
- KYC verification and compliance
- Data management and analysis
- Cash flow forecasting
- Credit proposal writing
- Problem resolution strategies
- Banking Industry Understanding
- Credit history review
- Team mentorship
- Credit risk management
Personal Information
- Father's name: Mr Ramaraj R
- Mother's name: Mrs Mani Ramaraj
- Spouse name: Mrs Sangeetha
- Date of birth: 15/05/1986
- Gender: Male
- Nationality: Indian
- Religion: Hindu
- Present address: No. 28, PVM Sudha Garden, Sriram Nagar, Velanthavanam Road, Oththakkal Mandabam, Coimbatore, 641032
- Permanent Address: No 54/1, MGR Nagar, Kavundampalayam, Coimbatore-641030
Languages
Tamil
English
Declaration
I Balamurugan R, hereby declare that all statements made above are true to the best of my Knowledge and belief.
Yours Truly
Balamurugan R
Date:
Place:
Timeline
Senior Credit Manager
The Muthoot Group
01.2025 - Current
Branch Credit Manager
IDFC FIRST BHARAT LTD
09.2020 - 01.2025
Senior Credit Under Writer
Jana Small Finance Bank
01.2017 - 06.2020
Credit Associate
Ivangels Sales & Services Pvt Ltd
04.2015 - 12.2016
Operations Executive
ADFC Ltd
04.2014 - 04.2015
Gold Loan Custodian
KOSAMATTAM FINANCE LIMITED
01.2013 - 01.2014
Gold Loan Senior Business Associate
MUTHOOTTU MINI FINANCIERS PRIVATE
01.2011 - 01.2013
Master of Commerce and Computer Applications -
College of Dr. SNS Rajalakshmi College of Arts And Science
Bachelor of Commerce and Computer Applications -
College of Dr. SNS Rajalakshmi College of Arts And Science
Higher secondary -
Govt Hr.Sec School - Asokapuram
SSLC -
Govt Hr.Sec School - Asokapuram
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