Harsh Rajendra Ashar
Mumbai
Summary
Experienced with executive leadership, strategic planning, and operational excellence. Proven track record in driving growth, optimizing processes, and fostering team collaboration. Exceptional skills in strategic planning and stakeholder engagement. Adaptable and reliable, consistently achieving high-impact results in dynamic environments.
Overview
19
19
years of professional experience
Work History
Assistant Vice President
CITICORP SERVICES INDIA PRIVATE LIMITED
01.2023 - Current
- Transaction Manager for Banking, Capital Markets and Advisory (BCMA) customers (Now CBIB) for Syndication as well as Bilateral Deals as also TTS transactions.
- On receipt of the Loan Documents such as Credit Agreement, Commitment Letter, Fee Letter and Credit Approval Memo, the data is reviewed, analyzed and then captured into Loan Data Capture System (Lynx) for Bilateral as well as Syndication Deals.
- Liaisoning with Deal Team and Business Teams to secure real-time information about the Clients and follow up with requisite team regarding the required Loan documents for capturing the data into LYNX (Loan Data Capture System).
- Performing Sustainability checks for deals information on breaks and capturing correct data so that the breaks fall off and all the systems are aligned with same data.
- Working on Collateral breaks which are deficient and following up for the perfection of collateral in Citi risk system. This includes authorization and perfection of collaterals.
- Extracting various reports from Tableau to check the status on SNC breaks and Covenants deficiencies for the entire region and coordinating/following up with the entire team to ensure the same is resolved on timely basis.
- Working on remediation of deals and building in new deals in lynx wherever required. Also have been part of Y-14 project.
- Have been part of Project CBK wherein have coordinated with the team for updating of data in Citrisk Collateral for regulatory purposes.
- Ensuring the documents executed by the Client are valid and legally enforceable.
- Reviewing Covenants which are deficient and following up with relevant teams so that they are received on time and do not result in overdue status.
- Updating Daily Activity Tracker and EOD report.
- Understanding the bottlenecks from the team and addressing the concerns.
- Being a helping hand and guiding the team members as and when required and motivating them to perform well during time crunching situations.
Senior Research Analyst – Integrated Credit Risk (ICR)
Crisil Ltd
04.2022 - Current
- ICR-Bilateral Credit Risk Department. Loan Remediation process for Citi Commercial Banking (CCB) and Banking, Capital Markets and Advisory (BCMA) customers. Tracking and recording of Loan documents for Citi Commercial Banking (CCB) customers. Interacting with Deal Team for Loan documents / Amendments / discrepancies.
- On receipt of the Loan Documents such as Credit Agreement, Commitment Letter, Fee Letter and Credit Approval Memo, the data is reviewed, analyzed and then captured into Loan Data Capture System (Lynx).
- Liaoning with Deal Team and Relationship Manager (RM) to secure real-time information about the Client and follow up with RM regarding the required Loan documents for capturing the data into LYNX (Loan Data Capture System).
- Ensuring the documents executed by the Client are valid and legally enforceable.
- Preparing daily statistical report which will show the overview of Team’s quality against the daily volumes allocated / Productivity.
- Preparing, monitoring & reporting on performance targets based on individual productivity.
- Updating Daily Activity Tracker (DAT) and EOD report.
- Understanding the bottlenecks from the team and addressing the concerns.
- To overcome challenges, conducting weekly hurdles.
- Extracting CRMS Report, Preparing the closing checklist of the client and ensuring all data is captured correctly in the LYNX (Loan Data Capture System).
Manager, Risk Management
Kotak Mahindra Bank
04.2015 - 10.2021
- Compilation, circulation, and validation of Reports on a daily basis.
- Timely limit input and maintenance of Limits in the credit risk system.
- Analyzing the Credit application consisting Trade Products, Overdraft, Mortgage/Term Loans for preparation of reports.
- Monitoring of MTMs across the portfolio for Forex and Derivative products and making margin calls if the MTM threshold levels are breached.
- Compilation and circulation of Bullion Exposure report on a daily basis along with Margin Calls due.
- Review from KYC perspective for establishing/continuing Relationship Management Application for banks on a monthly basis.
- Putting up proposals to management/delegation matrix for enhancement, approval and surge in bank limits.
- Compilation of quarterly and all regulatory reports relating to exposures which are published to RBI on a weekly basis.
- Compilation of report on exposures to Central Counterparties.
- Involved in regular review of various processes to ensure greater accuracy and reduce the turnaround time.
Manager, Counterparty Risk, Market Risk Management
ING Vysya Bank Ltd.
05.2009 - 03.2015
- Timely limit input and maintenance of Limits in the credit risk system.
- Processing wholesale and retail trades as per the conditions stipulated in the term sheets.
- Providing confirmation of margin based forward trades post verification of lien being given by the branch as per Risk Weights stipulated by the management.
- Monitoring of MTMs across the portfolio for Forex and Derivative products and making margin calls if the MTM threshold levels are breached.
- Preparation of quarterly and all regulatory reports relating to exposures which are published to RBI.
- Preparation and submission of Weekly and Fortnightly Excess over Limit Reports to Board for their review and approval.
- Creation and mapping of counterparties (Corporates and Banks) in credit risk system.
- Carrying out various UATs and signing off before moving into production.
- Performing reconciliation to identify MTM differences between back-office systems and credit risk system.
- Involved in regular review of various processes to ensure greater accuracy and reduce the turn around time.
- Coordination with all dependent department/centers /branches for resolving inconsistencies in the counterparty risk reporting.
Service Relationship Manager, Business Banking
ING Vysya Bank Ltd.
09.2008 - 04.2009
- Managing the asset management portfolio for the existing clients.
- Preparing of Proposals for existing Customers to be put up for approval to Credit at the time of Renewal.
- Reviewing Customer Portfolio from time to time to access the needs and additional requirements for Customers.
- Referral Marketing.
Asst. Manager - Sales
Fullerton Enterprises
08.2007 - 09.2008
- Product Portfolio
- Business Loans & Credit products.
- Trade Services.
- Fullerton 360 (Consultation Services).
- Drive business growth through aggressive business initiative that results in increase revenue growth by managing the assets of the small & medium scale enterprises.
- Managing the asset management portfolio for the existing clients.
- Managing the Enterprise Transactional Banking needs for enterprises.
- Referral Marketing.
Education
Post Graduate Diploma - Planning and Entrepreneurship
Indian Institute of Planning & Management
Mumbai01-2007
B. Com - undefined
Mithibai College of Commerce
Vile Parle01-2003
HSC - undefined
Mithibai College of Commerce
Vile Parle01-2000
SSC - undefined
Utpal Sanghvi School
Vile Parle01-1998
Skills
- Analytical decision making
- Problem-solving skills
- Collaborative negotiation techniques
- Workforce planning
Timeline
Assistant Vice President
CITICORP SERVICES INDIA PRIVATE LIMITED
01.2023 - Current
Senior Research Analyst – Integrated Credit Risk (ICR)
Crisil Ltd
04.2022 - Current
Manager, Risk Management
Kotak Mahindra Bank
04.2015 - 10.2021
Manager, Counterparty Risk, Market Risk Management
ING Vysya Bank Ltd.
05.2009 - 03.2015
Service Relationship Manager, Business Banking
ING Vysya Bank Ltd.
09.2008 - 04.2009
Asst. Manager - Sales
Fullerton Enterprises
08.2007 - 09.2008
SSC - undefined
Utpal Sanghvi School
HSC - undefined
Mithibai College of Commerce
B. Com - undefined
Mithibai College of Commerce
Post Graduate Diploma - Planning and Entrepreneurship
Indian Institute of Planning & Management