HITESH MIGLANI
ROHTAK
Summary
Seasoned Area Manager with over 10+ years of experience in effectively managing credit risk and leading teams to success. Demonstrated track record of increasing profitability, reducing bad debt, and enhancing customer satisfaction through strong credit analysis skills, effective credit policy implementation, and successful collection strategies. Expertise in both secured and unsecured lending, with a genuine passion for achieving financial objectives while fostering positive customer relationships.
Overview
14
14
years of professional experience
Work History
Area Credit Manager
Bajaj Finserv
01.2022 - Current
- Managing a high-performing team of credit professionals of 10 CO, fostering a culture of continuous improvement with across Emerging Location of UK & UP Emerging.
- Improved credit approval rates by implementing a comprehensive risk assessment process.
- Conducted regular audits of accounts to detect any discrepancies or signs of fraud early on, minimizing potential risks associated with defaulting customers.
- Led a cross-functional team responsible for reviewing and approving complex credit applications, achieving optimal risk-return balance in decisionmaking.
- Collaborated with sales teams to ensure alignment of credit policies and sales strategies.
- Enhanced team productivity by providing regular training sessions on credit management topics.
- Useing Salesforce and trans Union CIBIL to perform credit appraisals, document verification and loan approvals.
- Optimized credit approval and collection processes, improving operational efficiencies by over 30%.
- Handling entire branch Operations of Tool down activity. • Processing file by maintaining TAT & as per given policy grid and dispatching those files to Pune that too with in TAT.
Credit Manager
Bajaj Finserv
10.2017 - 12.2021
- Login of files after confirming all the compliance of documents for KYC (Know your customer)
- Processing for credit appraisal, initiation of CPV, document verification, Cibil, Dedupe Etc.
- Management and development of relationship with all the vendors including CPV & Collection agency.
- • Complete PD & Underwrite the proposal under own Empowerment. • Monitoring of Branch & Area Portfolio Quality as per the Metrics.
- Coordinate with Sales & ensuring mechanism in place for processing of files within desired TAT.
Assitant Manager
Bajaj Finserv
01.2015 - 10.2017
- Login of files after confirming all the compliance of documents for KYC (Know your customer)
- Processing for credit appraisal, initiation of CPV, document verification, Cibil, Dedupe Etc.
- Management and development of relationship with all the vendors including CPV & Collection agency.
- • Complete PD & Underwrite the proposal under own Empowerment. • Monitoring of Branch & Area Portfolio Quality as per the Metrics.
- Coordinate with Sales & ensuring mechanism in place for processing of files within desired TAT.
Data Management Associate
Honeywell International
04.2012 - 08.2014
- • Invoicing the Purchase order. (PO) •
- Create the Billing for US & Canada Team.
- Monitoring US & Canada Trade order account.
- Input the Product part number’s SAP order entry.
- Eliminating the duplicate account.
- Work for Honeywell B2B warranty returns
Team Member
Bank of America
11.2010 - 04.2012
- Analysis of the Notice of Sale (NOS) and Notice of Default (NOD) documents.
- Achieving the quality and LPH targets. • Monitoring the customer Bankruptcy status file.
- Send report to Line of Business (LOB) if BOA is Second lender to customer.
- Minimizing the Risk of Bankruptcy and Financial risk.
- Monitoring the customer mortgage payments.
- Work on software like CIWI, LMHB & As-400
Education
MBA - Finance & HR
Institute of Management Studies And Research
Rohtak07-2010
Bachelor of Arts - Economics & Pub Add
University College
Rohtak06-2007
Skills
- Risk assessment expertise
- Credit report analysis
- Comprehensive risk assessments
- Guidance and skill-building
- Financial credit assessment
- Process optimization
- Proactive risk management
- Credit risk assessment
Accomplishments
- Hero of the Moment (Twice in the year Aug -2020 & Sept -2023)
- Won Appreciation letter from fraud control unit 3 times.
- Kudos (Twice in the year May -2021 & Oct-2024)
Skills
- Risk assessment expertise
- Credit report analysis
- Comprehensive risk assessments
- Guidance and skill-building
- Financial credit assessment
- Process optimization
- Proactive risk management
- Credit risk assessment
Languages
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Timeline
Area Credit Manager
Bajaj Finserv
01.2022 - Current
Credit Manager
Bajaj Finserv
10.2017 - 12.2021
Assitant Manager
Bajaj Finserv
01.2015 - 10.2017
Data Management Associate
Honeywell International
04.2012 - 08.2014
Team Member
Bank of America
11.2010 - 04.2012
MBA - Finance & HR
Institute of Management Studies And Research
Bachelor of Arts - Economics & Pub Add
University College
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