Palak Barbhaya
Mumbai
Summary
Seasoned credit professional with extensive expertise in end-to-end credit analysis, adhering to internal policies and regulations, and loan documentation. Committed to leveraging analytical and technical skills in managing quality assurance and process enhancements.
Overview
12
12
years of professional experience
Work History
Senior Credit Risk Analyst
MUFG Global Services Private Limited
Mumbai
07.2023 - Current
- Assess the creditworthiness of a diverse portfolio covering large corporates from the TMT and Utilities sectors by conducting periodic reviews, preparing credit applications, and providing risk assessments to support credit decision-making.
- Engage with global counterparts, such as relationship managers, credit officers, product teams, and front desks, to ensure seamless coordination on credit proposals.
- Support live transactions such as new onboards, RCF refinancing, FX and swaps, and Trade Finance facilities, loan documentation, negotiations, and presentation in credit committees.
- Participate in initiatives aimed at automating financial spreads, standardizing credit assessment templates, and developing tools to integrate financial projections with risk evaluations.
- Monitor portfolio performance, track covenant compliance, and assess sector-specific risks through periodic reports.
- Collaborate with cross-functional teams to address regulatory findings and implement corrective measures, enhancing organizational compliance.
- Manage internal and regulatory audit queries with a track record of closure with no exceptions.
Senior Credit Risk and Portfolio Analyst
Citicorp Services India Private Limited
08.2020 - 06.2023
- Managed a portfolio of Citi's institutional clients in Western Europe and North America within the technology, media, and telecom industries, with an overall exposure surpassing $2.0 billion.
- Proactively monitored the portfolio in collaboration with Banking, Underwriting, and Risk partners, including preparing annual and quarterly reviews, conducting stress testing, following industry trends and drivers, developing an industry outlook, preparing research updates, and escalating potential credit issues.
- Supported live deals and transactions.
- Assigned a risk rating and classification to the credit based on the identification of company-specific risk, and industry dynamics.
- Built financial projection models with a thorough analysis of historical trends, market expectations, and client-specific developments.
- Mentored new analysts, reviewed their output, and provided training on risk policies, systems, and credit analysis.
Associate in Assurance Team
Price Waterhouse Chartered Accountants LLP
08.2018 - 08.2020
- Conducted comprehensive audits for various companies in different sectors and ensured completion of statutory requirements.
- Conducted limited review procedures for listed companies.
- Collaborated with the direct tax team to address inquiries and ensure compliance.
CA Articleship Training
Mantri and Aggarwal Chartered Accountants
10.2012 - 12.2015
- Statutory Audit, Income Tax Audit, Internal Audit and Stock Audit
- Finalization of Accounts of Companies, Partnership Firms & Individuals
- Filing of Income Tax returns, TDS returns and Service Tax returns
Education
Chartered Accountant -
The Institute of Chartered Accountants of India
08.2019
Bachelor of Commerce -
Narsee Monjee College of Commerce And Economics
01-2014
Skills
- Team Work and Collaboration
- Quick Learner
- MS Office
- Credit decision making
- Financial modeling
- Risk rating systems
- Loan Documentation Review
- Practical Experience with Analytical Data Platforms
Hobbies and Interests
- Trekking
- Badminton
- Travelling
Accomplishments
- Star Performer Award, with the highest number of reviews delivered within the team (Citi)
- Fun team member (Citi and MUFG)
- Ex-member of the Robin Hood Army for teaching underprivileged students
Timeline
Senior Credit Risk Analyst
MUFG Global Services Private Limited
07.2023 - Current
Senior Credit Risk and Portfolio Analyst
Citicorp Services India Private Limited
08.2020 - 06.2023
Associate in Assurance Team
Price Waterhouse Chartered Accountants LLP
08.2018 - 08.2020
CA Articleship Training
Mantri and Aggarwal Chartered Accountants
10.2012 - 12.2015
Chartered Accountant -
The Institute of Chartered Accountants of India
Bachelor of Commerce -
Narsee Monjee College of Commerce And Economics
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