NIRANJAN SWAIN
Sumudi, Bhanaragarh, Balipatana, Khordha
Summary
Credit Officer with extensive experience at Indian Overseas Bank, specializing in credit analysis and risk assessment. Proven ability to enhance customer satisfaction through effective loan process management and strong relationship building. Consistently ensures compliance with regulatory standards while delivering tailored credit solutions.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Credit Officer
Indian Overseas Bank, Credit Dept., Mangalore Region
05.2024 - Current
- Evaluated credit applications for individual and business clients. Assessed risk factors and creditworthiness of applicants.
- Collaborated with team members to streamline loan approval processes.
- Recommended approval or disapproval of Loan proposals based on established criteria.
- Prepared detailed reports summarizing customer profiles, risk assessments, and recommendations for approval and denial of new lines of credit.
- Examined collateral to establish market value and assessed repayment capacity using secondary revenue sources before loan approval.
- Responded promptly and professionally to inquiries from customers regarding their accounts.
Branch Manager
Indian Overseas Bank, Different Branches, Bhubaneswar Region
07.2015 - 04.2024
- Fostered strong relationships with key clients, resulting in 20% increase in business expansion year on year and revenue growth.
- Optimized loan approval process through updated techniques and systems to achieve efficiency, boosting loan approval rate.
- Assessed applicants' financial status and assets to determine loan feasibility, reviewing loan agreements for accuracy.
- Liaise between potential clients and Direct selling agents to evaluate clients, research credit records, and prepare documentation for loan packages.
- Marketed bank products to individuals and firms, and promoted bank services specially designed to cater customers' needs and increasing customer satisfaction rate.
Credit Officer
Indian Overseas Bank, Guduvancherry Branch, Kancheepuram region Chennai
12.2012 - 06.2015
- Managed the loan and advance portfolio through the sourcing and processing of new credit proposals.
- Optimized branch operations by leading continuous improvement initiatives and implementing new processes, and provided optimal services and assistance to customers.
- Improved branch business portfolio in CASA, TD, and RAM segments, resulting in increased business portfolio and profitability.
Probationary Officer
Indian Overseas Bank, Different Regions (Trichy, Vishakhapatnam)
Trichy
11.2011 - 11.2012
- Participated in extensive training and developed expertise in Account Opening, Customer Relationship Maintenance, Branch Operations, Cash Management, Clearing Operations, Loan Follow-Up, and Recovery.
Education
Bachelor in Computer Application (BCA) -
Utkal University
Bhubaneswar, Odisha01.2009
Higher Secondary Examination Certificate - Science
M G M COLLEGE
Kaushalyagang, Pipili, Odisha01.2006
High School Certificate Examination -
Banamalipur Govt High School
Banamalipur, Balipatana,Khordha, Odisha10-2003
Skills
- Customer relationship building through proactive customer service
- Team collaboration
- Effective communication
- Willingness to learn and adaptability to adverse situations
- Customer acquisition, credit analysis, credit assessments, loan recommendations
- Post Sanction Compliance monitoring
Certification
- JAIIB
- Certificate examination in MSME
- Certificate course on resolution of stressed assets with special emphasis on the Insolvency and Bankruptcy Code, 2016
- Certificate in Microfinance: Foundation Course
Personal Details
- Father's Name: Ajay Kumar Swain
- Mother's Name: Ranjulata Swain
- Spouse Name: Priyanshi Priyadarshini
- Date of Birth: 04/10/88
Accomplishments
- Received various awards and appreciation for outstanding performance in various business parameters in retail, MSME, recovery, NPA management, CASA, business development, and profitability
Timeline
Credit Officer
Indian Overseas Bank, Credit Dept., Mangalore Region
05.2024 - Current
Branch Manager
Indian Overseas Bank, Different Branches, Bhubaneswar Region
07.2015 - 04.2024
Credit Officer
Indian Overseas Bank, Guduvancherry Branch, Kancheepuram region Chennai
12.2012 - 06.2015
Probationary Officer
Indian Overseas Bank, Different Regions (Trichy, Vishakhapatnam)
11.2011 - 11.2012
Bachelor in Computer Application (BCA) -
Utkal University
Higher Secondary Examination Certificate - Science
M G M COLLEGE
High School Certificate Examination -
Banamalipur Govt High School
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