JOEL INAVALLI
Rajahmundry
Summary
To seek a challenging job in your esteem organization, where I will expose my inherit capabilities and enhance my skills and strengths in the conjunction with organization’s goals and innovativeness by taking risk in new venture. To work in a responsible position in a challenging environment this offers scope for creativity and growth.
Overview
4
4
years of professional experience
1
1
Certification
Work History
BRANCH CREDIT MANAGER
VERITAS FINANCE LIMITED
Rajahmundry
05.2023 - Current
- Veritas Finance Private Limited is focused on meeting the financial needs of the MSME sector in India, which has remained largely underserved, despite several initiatives.
- My work involves evaluating the creditworthiness of potential customers and verifying collateral adequacy.
- Check for the Eligibility of customer through documents, Technical Report, Legal report ,PD( Personnel discussion ).
- Updated company credit policies based on location-specific requirements.
- Maintained daily records, confirming residential and business documentation.
- Ensured compliance of loans and lending procedures with regulations.
- Monitored loan portfolios for adherence to organizational standards.
- Collaborated with team members to achieve key performance targets.
- Implemented credit policies to minimize bad debts, and enhance recovery rates.
- Prepared monthly reports on credit activity, identifying successes and areas for improvement.
- Taking responsibility for the 1st-year customer collection book( New book having vintage of one year ), and supporting the remaining recovery.
- Scrutiny of requisite documents at the time of disbursement. ‣
- Verify all the legal documents as per legal conditions.
- Taking internal dedupe and CIBIL for any previous loans for the customer.
- Preparation of daily MIS and preparation of CAM for deviation cases.
FIELD CREDIT OFFICER
AYE FINANCE PRIVATE LIMITED
Rajahmundry
05.2022 - 05.2023
- Aye Finance (ayefin) is a fintech organization with the aim of empowering the economic transformation of micro-enterprises.
- Managed various loan types, including business and mortgage loans.
- Process the file, do personal discussions with customers, verify the required documents.
- Examined collateral to establish market value and assessed repayment capacity using secondary revenue sources before loan approval.
- Prepared detailed reports summarizing customer profiles, risk assessments, and recommendations for approval and denial of new lines of credit.
- Worked closely with collections departments in order to ensure timely payments from customers.
- Reducing credit errors, taking risks, and updating daily MIS reports.
- This organization provided me with excellent client communication skills, understanding the needs of the customer.
- Educated customers about the conditions of credit and loans, repayment requirements, and loan periods.
- Participated in regular audits to verify the accuracy of my file recommendations and compliance with financial policies.
- Conducted credit checks on new clients to assess creditworthiness and set credit limits.
- Managed routine updates of MIS reports to track customer information and collection totals.
- Study the logged customer file and attached documents in detail, and prepare the proposal.
ACCOUNTANT
NILKAMAL HOME NEEDS
Rajahmundry
12.2021 - 05.2022
- I was employed by NILKAMAL as an accountant.
- Proficient in Microsoft Word and Excel.
- Maintained detailed records of customer and employee queries.
- Executing account operations via Tally software.
- Coordinated month-end and year-end close processes, ensuring accurate and timely financial reporting.
- Monitored cash flows and prepared weekly cash projections.
- Monitored balance sheets and income statements to evaluate financial performance.
- Coordinated with external auditors during the annual audit process by providing requested documents and responding to inquiries in a timely manner.
Education
MBA - FINANCE & MARKETING
GBR College / Adi Kavi Nannaya University
Anaparthi08.2021
Bachelor of Science - Computer Science
Aditya Degree College
Rajahmundry05.2019
Skills
- Credit evaluation and risk assessment
- Financial management and analysis
- Customer communication and analysis
- MS Excel proficiency
- Loan underwriting and credit risk management
- Adaptability to work environments
- Deadline management and pressure handling
- Financial analysis and planning
- Comprehensive problem-solving abilities
- Team management
Projects
CAPITAL MARKET PROJECT:
- Followed past status of capital markets from 1991, focusing on the downturn due to scams, Dena Bank, Vishakapatnam, 04/01/21 - 05/05/21
- Capital markets are financial markets that bring buyers and sellers together to trade stocks, bonds, currencies, and other financial assets Capital markets include the stock market and the bond market They help people with ideas become entrepreneurs and help small businesses grow into big companies.
SAP CONSULTANT INTERNSHIP :-
- VIPER ERP, Managed all accounting transactions.
- Maintained account ledgers and general ledgers.
- Processed tax payments and returns.
- Handled monthly, quarterly, and annual closings
- Provided track sheets.
- Audited financial transactions and documents
Certification
- Received certificates in Veritas Finance for completion of basics in credit bureau report, AML KYC, introduction to collection in housing finance, information security management system, and information security awareness
Languages
Telugu
First Language
English
Proficient (C2)
C2
Hindi
Intermediate (B1)
B1
Disclaimer
I hereby declare that the above information is true and correct to the best of my knowledge and my belief and bear the responsibility for the correctness of the above mentioned particulars.
Timeline
BRANCH CREDIT MANAGER
VERITAS FINANCE LIMITED
05.2023 - Current
FIELD CREDIT OFFICER
AYE FINANCE PRIVATE LIMITED
05.2022 - 05.2023
ACCOUNTANT
NILKAMAL HOME NEEDS
12.2021 - 05.2022
MBA - FINANCE & MARKETING
GBR College / Adi Kavi Nannaya University
Bachelor of Science - Computer Science
Aditya Degree College
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