Mugdha Ajit Mhashelkar
Dombivli (West)
Summary
Strategic approch toward Job for high productivity and efficient task completion. Specialize in team leadership, market expansion strategies, and operational optimization. Excel in communication, problem-solving, and decision-making to drive regional success.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Regional Head for Credit Admin Department
CSB Bank Ltd
10.2024 - Current
- Handling the team of 8, Reviewing loan documents and liaising with internal and external parties to ensure proper and efficient delivery
Associate Vice President
KOTAK MAHINDRA BANK Ltd
01.2014 - 10.2024
- Handling the daily administration for loan documentation in full compliance with the internal standards and external regulatory requirements
- Reviewing loan documents and liaising with internal and external parties to ensure proper and efficient delivery.
- Negotiate with client over legal documents, terms and clauses in coordination with internal legal team, credit team, and business.
- Acting as the representative of a Bank in signing documents.
- Monitoring Issuance Of NOCs, Pari Passu Letter, Solvency Certificate No dues Certificates Etc
- Ensuring all lending Documentation is complete as per the Bank Policy and Procedures with respect to amount of finance, terms and conditions, borrower's borrowing mandate, authorized signatory etc.
- Ensuring compliance with complete set of documentation is complete, verified and has to be first time right
- Responsible for collateral valuation, security creation and security perfection Obtaining approvals from relevant authorities for deferral / waiver of incomplete documents
- Setting the limits in the system making limit structure, Effecting Renewal, Short renewals Enhancements & Modification in system.
- Coordinating with Limit loading approving team, loans disbursement team, branch people to ensure smooth disbursement within timelines.
- Ensuring post disbursement compliance with approved terms and conditions, assignment of rights, review expiry of credits etc
- Periodically reviewing on loan administration policy and procedures to streamline workflow
- Monitoring all deferrals, documentation deficiencies, etc., and report to Senior Management.
- Co-ordinate with Internal Audit & compliance Team for various activities of corporates.
- Co-ordinate with statutory auditors for satisfaction of required documents and queries
- End to end solutions and one point of contact For FIG client both for documentation and for general banking operation.
- Handled tasks from Account Opening (CA) as per KYC for Corporate clients as per RBI Norms till disbursement of loans
- Including clearing/Fund Transfer Referrals, FD Bookings/Term deposits/Net Banking/Account maintenance Queries.
- Coordinated with the Credit Team for various proposals of clients availing facilities
- Execution of documents with zero error for various facilities at client's place
Customer Care Manager-Credit Operations
ING-VYSYA BANK LTD
10.2006 - 09.2012
- Handling various Corporate Clients, Big Organisations and HNI Customers and looking after their various financial commitment through direct and close liaison with clients and customers.
Education
B.Com -
Mumbai University
01.2003
Diploma in Computer Application -
NIIT
Hindi Pandit - Hindi
Computer course -
GEBBS of Oracle & D2K
Skills
- Banking operation
- Credit Documentation ,limit loading and compliance
Certification
- Diploma in Computer Application, NIIT
- Hindi Pandit (equivalent to BA)
- Computer course, GEBBS of Oracle & D2K
- NSDL certification Exam, 12/01/11
Hobbies and Interests
Reading
Personal Information
- Date of Birth: 04/10/77
- Marital Status: Married
- Religion: Hindu
Timeline
Regional Head for Credit Admin Department
CSB Bank Ltd
10.2024 - Current
Associate Vice President
KOTAK MAHINDRA BANK Ltd
01.2014 - 10.2024
Customer Care Manager-Credit Operations
ING-VYSYA BANK LTD
10.2006 - 09.2012
B.Com -
Mumbai University
Diploma in Computer Application -
NIIT
Hindi Pandit - Hindi
Computer course -
GEBBS of Oracle & D2K