NAVEEN MERUGU
Visakhapatnam
Summary
Detail-oriented Credit Analyst with 7 years of experience in evaluating creditworthiness and analyzing financial data across various industries. Expertise in preparing detailed credit reports, establishing credit limits, and ensuring compliance with regulatory standards. Proven track record of collaborating with sales and collections teams to enhance credit management processes and reduce financial risk. Demonstrated ability to make informed lending decisions that support organizational financial stability and growth.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Credit Administration and Monitoring Unit
Axis Bank
Hyderabad
02.2023 - Current
- Verified credit appraisal notes and facility sanctions for compliance with policies.
- Prepared draft sanction letters addressing all stipulated conditions.
- Ensured adherence to corporate credit policy during loan appraisals.
- Conducted user acceptance testing for applications related to loan account openings.
- Reviewed minutes of meetings for approved facilities to ensure accuracy.
- Maintained compliance with standard procedures and turnaround time requirements.
- Contributed innovative ideas and solutions to enhance team performance and outcomes.
- Worked successfully with diverse group of coworkers to accomplish goals and address issues related to our products and services.
Credit Analyst
ICICI Bank
06.2021 - 01.2023
- Conducted credit appraisal for existing and new corporate proposals.
- Managed end-to-end loan application process, ensuring verification accuracy and compliance.
- Maintained accurate updates of credit-related information in databases and systems.
- Performed thorough verification of client documents and financial statements to assess risk.
- Oversaw loan disbursements and tracked repayment schedules to minimize defaults.
- Reviewed and adjusted credit limits based on risk assessments and client creditworthiness.
- Ensured adherence to internal policies and external regulations, including KYC, AML, and Basel norms.
- Monitored credit portfolios for risks, generating reports for management review.
WBO SERVICE CREDIT/Trade Assistant
Axis Bank
09.2018 - 05.2021
- Analyzed financial statements and credit reports to assess credit risk for clients.
- Conducted detailed ratio, cash flow, and trend analyses to evaluate repayment capacity.
- Prepared comprehensive credit reports summarizing findings and recommendations for approval or rejection.
- Reviewed existing credit accounts to identify risks, delinquencies, and shifts in creditworthiness.
- Set and adjusted credit limits based on analysis to mitigate potential risks.
- Evaluated loan applications for completeness, accuracy, and compliance with policies.
- Collaborated with sales team during client onboarding and collections teams to manage overdue accounts.
- Updated client credit information and documentation in the credit management system.
Education
Diploma - Banking operations and Services
Manipal university
Bangalore, Karnataka01.2018
Btech - Mechanical Engineering
Raghu engineering college
Visakhapatnam, Andhra Pradesh01.2016
Intermediate - MPC
Sri chaitanya junior college
Visakhapatnam, Andhra Pradesh01.2012
Secondary school certificate examination -
Mvp public school
Visakhapatnam, Andhra Pradesh01.2010
Skills
- Analytical decision making
- Risk assessment
- Financial analysis
- Credit appraisal
- Compliance monitoring
- Data management
- Data entry accuracy
- Loan management
- Team collaboration
- Regulatory adherence
Certification
- Certified in credit Management from NIBM.
Languages
Telugu
First Language
English
Advanced (C1)
C1
Timeline
Credit Administration and Monitoring Unit
Axis Bank
02.2023 - Current
Credit Analyst
ICICI Bank
06.2021 - 01.2023
WBO SERVICE CREDIT/Trade Assistant
Axis Bank
09.2018 - 05.2021
Diploma - Banking operations and Services
Manipal university
Btech - Mechanical Engineering
Raghu engineering college
Intermediate - MPC
Sri chaitanya junior college
Secondary school certificate examination -
Mvp public school
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