Nageswara Rao Chokkakula

Work History

Senior Credit Manager

YES BANK LTD.

Hyderabad

05.2022 - Current

Working as a Sr. Credit Manager, Job role included credit appraisal of CE & CV products of AP, KA, and TG states.
Evaluating the financial position of the clients with financial statements, P&L statements, and Balance sheets.
Primary responsibility is to ensure quality decisions within defined TAT while adhering to credit policy and quality of the portfolio.
Taking care of 12 MOB delinquent cases & visiting delinquent clients including NPA clients
Personal discussions with the clients, post-funding portfolio monitoring, monitoring vendors (file processing/verification/investigation agencies, Valuers), etc.
Handling CPA Team and conducting monthly training sessions for them on new processes and policies.
Conducting monthly meeting with Sales, RCU, and Ops jointly to discuss FTNR reduction, new policy, and processes.

Deputy Manager

IDFC FIRST BANK LTD.

Hyderabad

03.2021 - 05.2022

Worked as a Credit Manager. Job role included credit appraisal of CV product.
Evaluating the financial position of the clients with financial statements, P&L statement, and Balance sheet.
Primary responsibility is to ensure quality decisions within defined TAT while adhering to credit policy and quality of the portfolio
Taking care of 12 MOB delinquent cases including FEMI, SEMI & TEMI & 0+ DPD & 30+ DPD & Visiting delinquent clients including NPA clients
Personal discussions with the clients, post-funding portfolio monitoring, monitoring vendors (file processing/verification/investigation agencies, valuers), etc.
Conducting training sessions to the local CPA Team regarding the new process and policies.

Deputy Manager

KOTAK MAHINDRA BANK LTD.

Vijaywada

09.2018 - 03.2021

Worked as a Location Credit Manager, where my responsibilities included credit appraisal for Commercial Vehicles (CV) and Construction Equipment (CE) products.
Handled proposals ranging from small to large ticket sizes, overseeing a portfolio that included a mix of SMEs (Small and Medium Enterprises) and mid-corporate clients.
The primary role involves evaluating clients' financial positions using financial statements, profit and loss (P&L) statements, and balance sheets.
Focused on making quality decisions within the defined turnaround time (TAT), while ensuring adherence to credit policies and maintaining the quality of the portfolio.
Engaged in personal discussions with clients, and conducted post-funding portfolio monitoring. I also monitored vendors, including file processing, verification agencies, and valuers.
Conducted training sessions for the local Credit Processing and Assessment (CPA) team on new processes and policies.

Manager

IKF FINANCE LTD.

Hyderabad

03.2018 - 09.2018

Credit underwriting (Appraisal) of Retail Asset Products like Commercial Vehicles, Construction Equipment, Car loans, and Tractor loans.
Primary responsibility is to ensure quality decisions within defined TAT while adhering to credit policy and quality of the portfolio, personal discussions with the clients, post-funding portfolio monitoring, monitoring vendors (file processing/verification/investigation agencies, valuers), etc.
Ensuring adherence to the policy norms.
Maintain minimum deviation level.
Verification of deviation approval from the appropriate authority, as per policy.
Every business proposal should be checked for completion of documentation, policy compliance, approval conditions, correctness of viability of the proposal, income and repayment assessment, and CIBIL reports.
Forwarding cases to the National Credit Manager for approvals (above my limit cases and deviation approvals).

Asst. Manager

HDFC BANK LTD.

09.2016 - 03.2018

Credit underwriting for Consumer Durable loans, Credit approval processing
Responsible for scrutinizing CD loan files by using screening or sampling method, accordingly will refer for further investigations
Ensuring the adherence to the policy norms
Maintain minimum deviation level
Verification of deviation approval from the appropriate authority as per policy documents
Responsible to reduce turnaround time in terms of file approval
Maintaining the TAT for appraising the proposals and submitting observations
Every business Proposal to be checked for completion of documentations, policy compliance, approval conditions, correctness of viability of the proposal, income and repayment assessment, CIBIL reports
Identifying the potential frauds before creeping in to the bank's portfolio
Analysis and verification of credit worthiness of customers through field investigations and documents
Checking reports sent by field investigator, risk control unit and CIBIL Reports & Internal Dedupe of all the Customers and finally deciding the eligibility of the customer
Forwarding cases to Area Credit Manager for approvals (above my limit cases and deviation approvals)
Preparing recommendation note jointly with the state/zonal head to higher authority for large deals above Regional / Zonal limit

Sr. Officer

India Infoline Finance Ltd.

Hyderabad

12.2014 - 08.2016

Handled disbursement of Commercial Vehicle loans of Andhra Pradesh and Telangana State
Disbursement of commercial vehicle loans based on scan data and physical files.
Taking care of PDD (Invoice, Insurance and RC)
Experience of meeting month-end deadlines, the purpose of huge volumes.
Coordinating with the sales department and collections department, and giving them the necessary support from the department and team.
Role involves strictly complying with the processes laid down by the organization for every particular activity to ensure the effectiveness of operations management.
Involves regular interaction with sales and credit teams to know their concerns and market demands, and accordingly modifying the processes to fulfill their service demands and adherence to TAT for the same.
Quick response to mails from central operations and internal customers, sending timely MIS to sales and central operations as per their requirements
Conducting trainings and feedback periodically to the CV team members across the region for smooth operations and service
Ensuring the post sanction compliances before disbursement

Jr. Officer - ADFC

HDFC BANK Ltd

Hyderabad

01.2011 - 12.2014

Handling disbursements, banking, PDD updation, and customer service functions of Retail Assets Operations Group.
Responsible for taking care of the disbursement of retail asset loan operations for products like Commercial Vehicles Loans, Tractor Loans, and Construction Equipment Loans, etc.
Role involves strictly complying with the processes laid down by the bank for every particular activity to ensure the effectiveness of operations management.
Experience of processing large volumes of disbursement dockets - 2000 nos per month in a batch process, purely following first in, first out basis, also adhering to TAT as agreed upon with sales.
Involves regular interaction with sales and credit teams to know their concerns and the market demands, and accordingly modifying the processes to fulfill their service demands and adherence to tat for the same.
Regularly exchange of new ideas and policies between operations and sales/credit teams by conducting meetings and training sessions to work as cohesive units by understanding the needs of each other.
Also, extending full support to the sales team for the bank to be aggressive in the market.
Experience of meeting the month-end deadlines, purpose of huge volumes.
Experience of handling large databases, quick response to emails from central operations and internal customers, sending timely MIS to sales and central operations as per their requirements.
Experience of updating 3,000 PDD per month relating to tractor loans, commercial equipment loans, and commercial vehicles as per the laid-down process.

Summary

Overview

Work History

Senior Credit Manager

Deputy Manager

Deputy Manager

Manager

Asst. Manager

Sr. Officer

Jr. Officer - ADFC

Education

MBA - Finance

B.Sc - Mathematics, Electronics and Computer Sciences

Board of Intermediate Education -

Board of Secondary School Education -

Skills

Languages

Awards

Disclaimer

Father'sname

Personal Information

Timeline

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