Mohit Goyal
Credit Administration
Malad West
Summary
Dynamic and results-driven professional seeking to leverage extensive skills and qualifications within the banking sector to drive organizational growth and success. Committed to continuous development and enhancing expertise while contributing to strategic initiatives and operational excellence. Passionate about fostering innovation and efficiency, with a long-term goal of transitioning into senior executive roles. Dedicated to building strong relationships and delivering exceptional value to clients and the organization.
Overview
19
19
years of professional experience
2
2
Certifications
1
1
Language
Work History
VP CAD (Credit Administration Department)
SBM Bank (India) Limited
11.2019 - Current
- Post Sanction - Sanction Communication to borrower, getting legal vetting on properties offered as security, taking search report from ROC, valuation of property, inspection of security etc.
- Preparation of facility, Security documents based on approved terms and get it signed by borrower, Guarantors.
- Ensure compliance of all terms of sanction before making disbursement of credit facility.
- Setting up of Limit, updation of Drawing Power in system on compliance of all terms and conditions of sanction.
- Receiving of Stock statements on monthly/ Quarterly basis, scrutiny thereof, calculation of Drawing power and feeding in the system.
- Notification of Export Limit sanctioned to ECGC and payment of ECGC premium on monthly basis
- Disbursement of EPC
- Keeping the insurance of securities charged to us valid on ongoing basis, inspection of units and preparation of reports. Pointing out adverse feature to Relationship manager and follow up with him till rectification of the same.
- To ensure that no overdrawing are allowed without proper approvals.
- Monitoring and reviewing reports regarding exceptions such as expired limits, expired insurance, irregularity in the account and follow up the same till rectification.
- Ensure no income leakage and attending to Audit queries and closure thereof
- Limit Setup in Finacle, Disbursement
- Regulatory reporting
- IRAC Review
- Presently (Since November, 2019), working in SBM Bank (India) Limited, at Mumbai with job profile of VP CAD (Credit Administration Department) as Head CAD with team of 25+ members handling Corporate Documentation, Loan operations, Regulatory Reporting.
AVP and CCSU Head
Axis Bank Ltd
04.2007 - 11.2019
- In depth understanding of commands and usage of finacle 10.
- Adroit at controlling routine banking operations involving Credit operation, Client Servicing & Business Development.
- Demonstrated abilities in cementing healthy relationship with the clients for credit compliance, and leading workforce towards accomplishing corporate goals.
- Possess excellent interpersonal, communication and analytical skills with demonstrated abilities in customer relationship management.
- Post Sanction - Sanction Communication to borrower, getting legal vetting on properties offered as security, taking search report from ROC, valuation of property, inspection of security etc.
- Preparation of facility, Security documents based on approved terms and get it signed by borrower, Guarantors.
- Ensure compliance of all terms of sanction before making disbursement of credit facility.
- Setting up of Limit, updation of Drawing Power in system on compliance of all terms and conditions of sanction.
- Receiving of Stock statements on monthly/ Quarterly basis, scrutiny thereof, calculation of Drawing power and feeding in the system.
- Notification of Export Limit sanctioned to ECGC and payment of ECGC premium on monthly basis
- Disbursement of EPC
- Keeping the insurance of securities charged to us valid on ongoing basis, inspection of units and preparation of reports. Pointing out adverse feature to Relationship manager and follow up with him till rectification of the same.
- To ensure that no overdrawing are allowed without proper approvals.
- Monitoring and reviewing reports regarding exceptions such as expired limits, expired insurance, irregularity in the account and follow up the same till rectification.
- Ensure no income leakage and attending to Audit queries and closure thereof
- Corporate Credit Service Unit at Noida with job profile of AVP and CCSU Head, Noida and worked with Corporate Banking operations.
- Key Job responsibilities include Credit Banking Operations comprising
Education
MBA - Finance
G. J University of Science & Technology
Hisar, India 04.2001 -
Bachelor of Science - Medical
DN College, Kurukshetra University
Hisar, India 04.2001 -
Skills
Effective team collaboration
Certification
Qualified NCFM Exams in 2007 (Security Market, Capital Market, Depository Operation Module, AMFI, Derivatives Market)
Training Attended
- Attended training programs on Time Management
- Credit Operations
- Personality Development organized by Axis Bank Ltd
Disclaimer
I hereby declare that all information stated above is true to the best of my knowledge. Place: Mumbai Mohit Goyal
Detailed of Job Responsibilities
- Credit Administration: Pre-Disbursement and Post Disbursement Processes
- Pre-Disbursement: Documents are the primary evidence in determining rights and obligations of the respective parties. The process envisages obtention of requisite documents, undertakings and other relative documents from the concerned borrower customers, as per terms of sanction and complying with stipulated Pre-disbursement conditions including creation of security, registration of charges etc.
- Responsible for obtaining and reviewing all security documentation as stipulated in the credit authorization with responsibility for correct completion.
- Compliance of Pre Disbursement Conditions: Sanction letter is an important and basis document, which conveys the terms and conditions of the facilities sanctioned, drafting the same and acceptance from the client.
- Disbursing the Credit facilities in accordance with the terms of sanction & Bank’s Policies.
- Post-Disbursement: Continuous monitoring and analysis of each account (monthly, quarterly, half yearly, annually).
- It’s a continuous process, where obtaining of regular statement like stock statement, QIS, calculation of D. P., keeping up to date record of insurance, ensuring that there are no withdrawal over the limit. Exchange of pari passu letters, regular information regarding the account with other member banks. Ensuring that limits are being renewed / reviewed on regular basis, and obtaining of documents on regular basis so that the documents on record be live and should not become barred by limitation.
- Getting approval of Bank Guarantees from legal and assistance in issuance of the same. Ensuring that the commission and other charges have been taken from the customers are as per sanctioned terms and there is no deviation in the same.
- Attending to concurrent, internal and statutory auditors and closure of audit reports within stipulated time.
Timeline
VP CAD (Credit Administration Department)
SBM Bank (India) Limited
11.2019 - Current
AVP and CCSU Head
Axis Bank Ltd
04.2007 - 11.2019
MBA - Finance
G. J University of Science & Technology
04.2001 -
Bachelor of Science - Medical
DN College, Kurukshetra University
04.2001 -