Bhagirath Parmar
Ahmedabad
Summary
Self-driven finance professional having exposure in Credit and risk management, Credit Underwriting, Appraisal and Decision making, Expertise in Commercial Vehicle loan specially in High Ticket size MCHV Loan.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Zonal Credit Head
Tata Motor Finance Ltd
09.2022 - Current
- Underwriting, appraising, and approving proposals for New Commercial Vehicles.
- Delivering premium underwriting quality.
- Analyzing financials and evaluating customer creditworthiness for approving or rejecting loan applications.
- To prepare accurate credit proposals in a consistent, concise, and proper manner, need-based Personal Discussion (PD) with customers to understand business and proposed risk.
- Decision making within defined TAT.
- Ensured achievement of business targets by optimizing underwriting processes.
- Studying monitoring reports and keeping track of portfolio quality. Taking necessary steps to ensure that the required quality levels are maintained.
- Controlling the collection of early delinquent cases (12 MOB), 30+ and current X Bucket, and building a healthy portfolio.
- Managed a credit portfolio of Rs 500 Cr and consistently achieved a low delinquency rate.
- Coordinating with sales, operations, and collection.
- Co-ordinating with verification agencies [FI] to obtain timely verification reports, and cross-verifying reports.
- Industry Research and Portfolio Analysis - Performing detailed credit review for the EPC, Roads, Infrastructure, Ecommerce, Shipping, Logistics, and Transportation.
- Developed excellent working knowledge of industry trends and improvements in processes.
Credit Manager- CV
HDB Financial Services Ltd.
06.2016 - 09.2022
- Managed the credit function of six branches of the Ahmedabad cluster: Ahmedabad, Odhav, Himmatnagar, Modasa, Dholka, and Kadi - overseeing the entire credit application process from login to disbursement.
- Evaluation of credit proposals covering financial, business, and industrial risk, and decisions of loans.
- Assessing overall credit eligibility of customers, approve cases, or recommend the case to higher authority.
- To prepare accurate credit proposals in a consistent, concise, and lucid manner, need-based Personal Discussion (PD) with customers to understand business and attendant risks.
- Understand credit policy as well as the credit environment in the city, branches.
- Motivate, train, and develop credit resources—managed a team of 5 CRMs and 4 CREs.
- Manage credit quality and control delinquencies, frauds, and build a healthy portfolio.
- Taking care of the collection of early delinquent cases (12 MOB), and maintaining the branch portfolio.
- Taking care of audit queries and maintaining a good audit score.
- Preparing MIS, collection reports on a daily basis, and weekly review reports.
Education
M.B.A - Finance Major
B.K. School of Business Management
06.2016
B.B.A - undefined
Som Lalit Institute of Business Administration
05.2014
Skills
- Credit risk management
- Credit analysis techniques
- Portfolio Management
- Credit risk assessments
- Financial analysis
- Loan underwriting techniques
- Credit analysis
- Risk analysis techniques
Certification
- Certificate in Commercial Credit by Moody's - Pursuing.
- Passed a NISM Series-V-A: Mutual Fund Distributions Certificate Examination.
- Completed HDB Financial services MT Familiarization Program.
LANGUAGES
English
Gujarati
Hindi
Timeline
Zonal Credit Head
Tata Motor Finance Ltd
09.2022 - Current
Credit Manager- CV
HDB Financial Services Ltd.
06.2016 - 09.2022
B.B.A - undefined
Som Lalit Institute of Business Administration
M.B.A - Finance Major
B.K. School of Business Management
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