JYOTIPRAKASH ROUT

• Underwritten Personal loans, Business loans and Working capital loans.
• Reviewing credit history, capital, credit worthiness, education, stability, sector analysis.
• Reviewed rejected cases on monthly basis to figure out unusual trend.
• Reviewed NPA cases to establish any similar trend or lack of underwriting.
• Contributed on building credit policy and improvisation of underwriting credit process.
• Trained more than 8 junior underwriter and credit policy team.
• Hind sighting of 200+ cases to ensure the loan files of various products as per the laid down policies
• Contributed more than Rs. 10 Million business growth by coordinating with multiple stakeholder on monthly basis.
• Developed fraud risk management framework, monitoring fraud risk cases and recommending risk mitigation measures and saved 15 Crore for the organization
• Modeled business processes to identify strengths, weaknesses and opportunities for improvement.
• Prepared credit score model for salaried and self-employed person by considering their payment history, credit utilization, length of credit history, types of credit accounts and recent credit inquiries.
• Worked on credit risk models to evaluate a borrower's creditworthiness and estimate the likelihood of defaulting on their payment by considering their financial statements, credit bureau data, debt to income ratio, type of loan and alternate data.

Rewards & Recognition

• Received Spot award for improvisation of credit underwriting process.
• Promoted to Deputy Manager - Underwriting from Assistant Manager.

• Mortgage underwriter with working knowledge of 4C's of underwriting and have detailed understanding of Investor guidelines including FNMA, FHA, VA, USDA
• Reviewing and verifying loan applications and supporting documentation for Income and Assets in residential mortgage
• Analyzing Income & employment, Credit profile, Debt to Income (DTI) ratios, Loan to Value (LTV) and all other information pertinent to credit decision process on each mortgage application, as presented by salaried and self-employed applicants
• Well versed with Income & Expense calculations including Paystubs, W2S, 1040,1065, Schedule C, K-1 for salaried, self-employed, pension and commission earnings borrowers
• Appraisal, Title, HOI, Flood Certificate, Work Number VOE, Fraud Guard/Other Risk Mitigation reports etc.
• Analyze credit report, various income documents and asset document of applicant to ascertain monthly debt obligation, qualifying income and verify claimed asset.

Rewards

• Received award for having best quality of underwriting and the quality score was 97.5% and benchmark was 92%

• Analysis of bank statement and credit report to understand risk involved in extending credit to customers
• Investigated and evaluated customers for creditworthiness and potential risk factors
• Underwritten Education loan for students and working professionals who want to do certification courses
• Analyzing reason for default and framing personal loan credit policy
• Hindsight on final decision cases and giving feedback to respective credit manager
• Wrote and implemented standard operating procedures for credit personnel to achieve consistency in unit operations.

• Underwritten credit cards for salaried and self-employed by verifying KYC, verify the income form financial statement and payslips, ITR of self-employed applicants.
• Verifying multiple bureau score (CIBIL, Equifax, and Experian Bureau report), application score, and debit score to analyze risk factor of credit
• Resolving process and policy related query for team member and taking care of team's quality
• Handling retail credit card for salaried person and business card for self-employed person

Reward & Recognitions:

• Silver star award for the best performance
• Two-time pan India prime contest
  winner for best TAT and Quality.
• Fraud prevention award for saving 30 Lakhs for the organization.