Summary
Overview
Work History
Education
Skills
Timeline
Generic

Omkar CHAVAN

Wholesale Credit Risk Sanctioner
Thane

Summary

Accomplished Chartered Accountant with extensive experience in Credit Risk Management at top-tier global banks such as Barclays, HSBC, and Citibank. Specializing in credit sanctioning for SME, Mid-Corporate, and Large Corporate clients. Currently leading as Sector Head for Retail & Wholesale and Hospitality & Leisure at Barclays. Key skills include consistently making critical credit decisions and effectively managing risk in challenging environments.

Overview

14
14
years of professional experience

Work History

Assistant Vice President – Wholesale Credit Risk Sanctioner

Barclays Global Services Pvt. Ltd.
07.2022 - Current
  • Sanctioning credit proposals for UK-based Large Corporate clients with ticket sizes exceeding £10M, across sectors such as Retail & Wholesale, Industrials, Higher Education and Public Sector. Responsibilities include reviewing and analyzing credit submissions, engaging with front office and product teams to assess key risks and participating in discussions around deal structuring where relevant.
  • Currently acting as Sector Head for Retail & Wholesale and Hospitality & Leisure sectors where responsibilities include conducting deep-dives into sector portfolio, setting sector caps, covering the sector in early warning/watchlist forums and approving cases recommended by junior colleagues.
  • Assigned individual approving authority (recently upgraded) where credits up to £100 million can be approved (depending on internal client ratings).
  • Currently representing the Credit function in a strategic project to decommission legacy credit systems and integrate into a single unified system. Playing a key role in shaping design, integration, and process alignment alongside IT, frontline and Operations.

Vice President – Wholesale Credit Risk Approver

HSBC Bank
06.2018 - 07.2022
  • Credit sanctioning for Business Banking (BB) clients across multiple industries and across West and East India geographies.
  • Assigned individual approval authority up to USD 15 million.
  • Conducting internal trainings on credit policy and coaching junior colleagues for their development.
  • Actively involved in portfolio monitoring, internal audits and risk projects.

Manager – Credit Analyst

Citibank N.A.
12.2015 - 06.2022
  • Independently managed a portfolio of 50+ SME clients across Mumbai, Pune, and Ahmedabad.
  • Held individual approval authority up to USD 5 million, performing full-scope analysis and structuring.
  • Drafted sanction letters, term sheets, and conducted periodic Early Warning analysis to manage deteriorating credits.
  • Partnered with Business teams to ensure client needs were met within policy and risk appetite.

Assistant Manager – Credit Manager

Edelweiss Financial Services Ltd.
03.2014 - 12.2015
  • Managed credit processing, sanctioning and post-sanctioning activities for SME products including LAP, equipment finance and unsecured Business loans.
  • Led a team of 4 Credit Associates who assisted with financial spreading, banking and repayment analysis and post-sanctioning activities.

Manager – Debt Syndication & Financial Planning

Visionary CFO Services Pvt. Ltd.
08.2013 - 03.2014
  • Managed wide range of activities including preparing Project reports, Projections, coordinating with clients and bankers till the case gets disbursed.

Credit Analyst – SME Loans

Axis Bank Ltd.
10.2011 - 07.2013
  • Conducting financial due diligence and credit underwriting for SME clients.
  • Preparing credit recommendations, term sheets and actively monitoring a portfolio of 40+ clients in addition to working on new deals.

Education

Chartered Accountancy (CA) -

The Institute of Chartered Accountants of India (ICAI)
05-2011

CFA Level II Passed -

CFA Institute, USA
04.2001 -

Bachelor of Commerce -

Mumbai University
Mulund College Of Commerce, Mumbai
04.2001 -

Higher Secondary Certificate (HSC) - Commerce & Economics

Maharashtra State Board
Mulund College Of Commerce, Mumbai
04.2001 -

Secondary School Certificate (SSC) -

Maharashtra State Board
SES High School, Thane
04.2001 -

Skills

    Credit Risk Assessment

    Credit Sanctioning

    Early Warning systems

    Portfolio governance

    Audit handling

    Process transformation & simplification

Timeline

Assistant Vice President – Wholesale Credit Risk Sanctioner

Barclays Global Services Pvt. Ltd.
07.2022 - Current

Vice President – Wholesale Credit Risk Approver

HSBC Bank
06.2018 - 07.2022

Manager – Credit Analyst

Citibank N.A.
12.2015 - 06.2022

Assistant Manager – Credit Manager

Edelweiss Financial Services Ltd.
03.2014 - 12.2015

Manager – Debt Syndication & Financial Planning

Visionary CFO Services Pvt. Ltd.
08.2013 - 03.2014

Credit Analyst – SME Loans

Axis Bank Ltd.
10.2011 - 07.2013

CFA Level II Passed -

CFA Institute, USA
04.2001 -

Bachelor of Commerce -

Mumbai University
04.2001 -

Higher Secondary Certificate (HSC) - Commerce & Economics

Maharashtra State Board
04.2001 -

Secondary School Certificate (SSC) -

Maharashtra State Board
04.2001 -

Chartered Accountancy (CA) -

The Institute of Chartered Accountants of India (ICAI)

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