BHARAT KUMAR SIDDINENI
Division Credit Manager
Vijayawada
Summary
To provide value addition to organization with my knowledge and ability to correlate my experience to the real world situations and to achieve the highest order by working towards the core values of the organization. Able to work within the team & lead the team. Hands enough experience in working with MS-Office & MS-Excel Bilingual individual with a strong financial background processing loan applications quickly and effectively. A confident Credit Specialist ensuring accuracy in all financial configurations and highly trained in troubleshooting. Highly skilled Credit Specialist with the know how to deliver complex, detailed information in terms that anyone can understand. A passionate worker with assisting of clients by finding solutions to issues and investigating queries. Knowledgeable in all credit procedures. Believe in gaining experience while learning on the job and a good team player. I am a multi tasker with a positive and never say die attitude. Hard work is the way of success is my motto in life.
Overview
12
12
years of professional experience
3
3
Languages
Work History
Portfolio Credit Manager
AU Small Finance Bank
03.2021 - Current
- Underwrite proposals and make decisions on loan approval and disbursement with empowerment based on credit evaluation criteria
- Handling Vijayawada and Guntur divisions with 12 Credit Manager’s along with 12 branches.
- Maintain high standards on credit appraisal through personal understanding of customer, as appropriate supplemented by documentation provided.
- Maintain a high quality portfolio at branch level.
- Ensure that PDD is collected and maintained as per credit norms.
- Escalate proposals beyond empowered limit for review of regional credit manager as appropriate.
- Ensure file is completed in all aspects before the loan is disbursed & maintain records.
- Manage and support other operations activities at branch level.
- Conduct personal discussion with customers for evaluation of loan proposal.
- Support the branch team in achieving desired branch objective.
- Manage & maintain TAT for loan disbursement.
- To diligently appraise loan applications in line with credit policy of the organization.
- Good knowledge of legal & technical and property documents and identify associated risk.
- Interacting with branch managers and cluster business manager from risk and loss control perspective.
- Training branch CRE’s regularly on credit policy and improvement areas.
- Follow and adhere to the strict KYC norms set for the team.
Branch Credit Manager
Asirvad Micro Finance Ltd
01.2020 - 08.2020
- Underwrite proposals and make decisions on loan approval and disbursement with empowerment based on credit evaluation criteria
- Maintain high standards on credit appraisal through personal understanding of customer, as appropriate supplemented by documentation provided.
- Maintain a high quality portfolio at branch level.
- Ensure that PDD is collected and maintained as per credit norms.
- Escalate proposals beyond empowered limit for review of regional credit manager as appropriate.
- Ensure file is completed in all aspects before the loan is disbursed & maintain records.
- Manage and support other operations activities at branch level.
- Conduct personal discussion with customers for evaluation of loan proposal.
- Support the branch team in achieving desired branch objective.
- Manage & maintain TAT for loan disbursement.
- To diligently appraise loan applications in line with credit policy of the organization.
- Good knowledge of legal & technical and property documents and identify associated risk.
- Interacting with branch managers and cluster business manager from risk and loss control perspective.
- Training branch CRE’s regularly on credit policy and improvement areas.
- Follow and adhere to the strict KYC norms set for the team.
Branch Credit Manager
Unimoni Financial Services Ltd
10.2018 - 12.2019
- To handle credit aspects, credit & sales to educate customers in all aspects as per policy norms.
- Attending personal discussion for all login cases and Primary assessment of customer profile and calculating the advance/loan eligibility.
- Prepare the proposal document detailing the loan eligibility after analyzing customer data and as per credit guidelines.
- Approve cases for the eligibility up to limit that has been assigned and recommended cases to higher authorities as per policy.
- After disbursement if there is any audit queries take action for all audit inconsistency in a timely manner.
- Co-coordinating with Legal & Technical vendors.
- Co-operated to Sales team in EMI/PEMI Collections.
- Updating with customer month end EMI collections and coordinating Zonal Team.
- Products: Secured Business Loans Profiles: 2) Self Employed Professionals (Doctors, Engineers & CA Accountants) 3) Self Employed Non-Professionals (All types of Business People) 4) No income Proof based on business cash flow OR CA Appraisal cases.
- Documents verification as per policy guidelines and arriving at the loan Eligibility.
- Initiate for log-in and providing update on pending documents to concerned team.
- Cibil, Equifax and DEDUP reports generation, Telephone verification and personal discussion with customer.
- Initiating documents for F-I, FCU, Legal & Technical processing and follow-up the same till reports are generated.
- Maintaining the TAT and service standards.
- Preparing Credit Appraisal Memo for sanction process for approving authority.
- Verifying all the legal and technical reports of the property as per company standard format.
- Getting loan documentation as per company process and fixing disbursement as per legal report and customer disbursement letter.
- Managing a team of two CPA’s across the two branches Profiles: 1) Self Employed Professionals (Doctors, Engineers & CA Accountants) 3) Self Employed Non-Professionals (All types of Business People).
Branch Credit Manager
Swadhaar Finserve Pvt Ltd
01.2018 - 10.2018
- Appraising proposals of MSME (Business Loans) conducting risk analysis ensuring compliance with credit policies and processes & building process capabilities.
- Handling the remote credit, disbursements & complete control over the end to end processes for secured & unsecured loans in a huge volumes and branch network.
- Managing the TAT at all levels in terms of credit policy.
- Be a key stake holder in building the book size with a wealthy portfolio & maintaining the delinquencies at reasonable levels.
- Reviewed and analyzed loan procedures.
- Monitored accounts for signs of fraud and non-payment issues.
- Reported key performance indicators to department heads for the management of positive cash flow and to adjust credit risk policies and procedures.
- Prioritized tasks to meet or exceed timelines and supervised multiple responsibilities at the same time.
- Analyzed customer data, including financial statements, to determine the level of risk involved for extending credit.
- Utilized strong communication and interpersonal skills to obtain the necessary financial information from customers.
- Accessed credit records to evaluate customer histories.
- Analyzed monthly balance sheet accounts for corporate reporting.
- Supervised and coordinated assigned audits promptly and professionally.
Credit Relation Manager
HDB Financial Services Ltd
09.2016 - 12.2017
- Evaluating credit proposals covering financial business and industrial risk & decisioning the loan.
- Verifying the promoter’s track record & ascertaining their credit worthiness.
- Analysis of the financial statement of the prospective customer to identify the short term & long term.
- Solvency & liquidity position.
- To ensure bounce rate and delinquency are with in acceptable standards.
- Monitor & enforce approval rate and TAT as per prescribed standards.
- Vendor management.
- Monitor and ensure monthly branch audit score is satisfactory.
- To conduct customer meeting to evaluate credit proposal.
- PDD tracking and closure.
- Compliance to repayment instrument replenishment to ensure regular repayment of EMI. I Products: a) Loan against of Property.(LAP) b) Personal Loans & PLI (Personal Loan with Imperfect Collateral ) c) Auto Loan d) Gold Loan e) EBL (Enterprises Business Loans) Profiles Salaried 2) Self Employed Professionals (Doctors, Engineers & CA Accountants) 3) Self Employed Non-Professionals (All types of Business People) 4) No income Proof based on business cash flow OR CA Appraisal cases.
Senior Credit Processing Associate
Cholamandalam Investment & Finance Company Ltd
08.2013 - 08.2016
- Documents verification as per policy guidelines and arriving at the loan Eligibility.
- Initiate for log-in and providing update on pending documents to concerned team.
- Cibil, Equifax and DEDUP reports generation, Telephone verification and personal discussion with customer.
- Initiating documents for F-I, FCU, Legal & Technical processing and follow-up the same till reports are generated.
- Maintaining the TAT and service standards.
- Preparing Credit Appraisal Memo for sanction process for approving authority.
- Verifying all the legal and technical reports of the property as per company standard format.
- Getting loan documentation as per company process and fixing disbursement as per legal report and customer disbursement letter.
- Dispatching the disbursement files to HO operations without queries.
- Home loans a) Self construction. b) New House & Flat purchase from builder. c) Resale of House OR Flat. d) Balance Takeover, e) Composite loans Plot + Construction.
- A) Loan against Mortgage of Property. (LAMP) b) Top up Loans.
Education
MBA - Finance
Shridhar University
01.2015
B Com - Commerce
Shridhar University
01.2013
Skills
Credit Decisions
Interests
Watching Cricket & Movies
Accomplishments
Improving collection rates and reducing delinquency managing large credit portfolios and growing them while maintaining quality reducing bad debt expenses through strategic risk assessment and enhancing efficiency by implementing new credit policies or banking systems
Affiliations
Professional organisations industry associations
Additional Information
Playing cricket
Timeline
Portfolio Credit Manager
AU Small Finance Bank
03.2021 - Current
Branch Credit Manager
Asirvad Micro Finance Ltd
01.2020 - 08.2020
Branch Credit Manager
Unimoni Financial Services Ltd
10.2018 - 12.2019
Branch Credit Manager
Swadhaar Finserve Pvt Ltd
01.2018 - 10.2018
Credit Relation Manager
HDB Financial Services Ltd
09.2016 - 12.2017
Senior Credit Processing Associate
Cholamandalam Investment & Finance Company Ltd
08.2013 - 08.2016
MBA - Finance
Shridhar University
B Com - Commerce
Shridhar University
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