Prashant Kumar Singh
Bengaluru
Summary
- A result-oriented professional with 10+ years of experience in Technology and banking domain, have gained expertise in handling plethora of Banking products and processes.
- Fair exposure of working in Core Banking, Mortgages and Payments Projects.
- Sound knowledge of Banking Assets (Loans), Liability (CASA, TD), Core Banking and Finacle CRM.
- As a Business Analyst collaborating directly with the Stakeholders, different team members to gather requirements.
- Expertise in creating User stories, UML diagrams using Microsoft Visio, Agile Requirements Designer (ARD).
- Was part of IT ops team in developing and refining the loan operating system (LOS) of the bank.
- Implemented technological improvements for enhanced system efficiency.
- An effective communicator with strong coordination, analytical and problem solving skills.
Overview
11
11
years of professional experience
Work History
Manager - Credit Monitoring
Federal Bank
Bengaluru , Karnataka
01.2024 - Current
- Monitored agricultural and business loan portfolios, ensuring compliance and risk management
- Developed strategies for credit recovery and risk mitigation
- Analyzed loan performance to improve portfolio quality.
Business Analyst
Federal Bank Ltd
05.2017 - 12.2023
- Was part of IT ops team in developing and refining the loan operating system (LOS)
- Implemented technological improvements for enhanced system efficiency
- Contributed to core banking system enhancements and operational efficiency
- Was a part of LOS implementation
- Did UAT testing as and when new changes are deployed
- Testing done in our Bank's LOS test environment and also in the test environment of Finacle 10
- Various parameters of the LOS system were configured such as New Product configuration, creating simplified Loan account opening portal and changes requested by the National credit hub who are the product owner of the LOS
- Also was involved in UAT testing in the projects such as creating new loan products, creating limit node field in LOS etc
- Preparing Business requirement document/Functional requirement document
- Supervised the LOS support team - The team provided support across the bank for processing loans, user management and failure handling in front end
- Monitored the data flow from LOS to CBS platform
- Good Knowledge of CASA, Deposits, Retail Loans, corporate Loans
- Preparing Business requirement document/Functional requirement document
- Thorough knowledge of operating core banking (Finacle) software for daily Banking Operations for various Products and Services
- Skilled in various methods of assessing credit proposals like LTV Ratio (Loan to Value Ratio), Ratio analysis, drawing power calculation, FOIR, risk rating calculation with various factors involved.
Retail Sales Manager
Federal Bank
10.2014 - 04.2017
- Expanded retail portfolio, achieving significant sales milestones
- Conducted market analysis to adapt sales strategies
- Built strong customer and local business relationships.
Retail Sales Officer
Federal Bank
01.2014 - 09.2014
- Managed retail business portfolio, driving sales growth and customer engagement
- Implemented strategic sales plans tailored to the local market
- Enhanced customer service through cross-functional team coordination.
Education
Advanced Programme in FinTech & Financial Blockchain -
Indian Institute of Management
Kolkata01.2024
Post Graduate Diploma in Banking and Finance -
Manipal University
Bangalore01.2014
Bachelor of Technology in Information Technology -
Asansol Engineering College
West Bengal06.2012
Skills
- Project Management
- System Development & Refinement
- Team Leadership
- Process Optimisation
- Stakeholder Collaboration
- Loan Origination System
- Loan Management System
- Core Banking Solutions
- Agile Methodoligies
- Risk Management
Key Skills
- Well versed in working with the latest core banking solutions.
- Good Knowledge of Current Account, Savings Account, Fixed Deposits, Recurring Deposits, Interest calculations, Retail Loans, SME loans.
- Extensive Knowledge with respect to the Retail and corporate credit assessment and their proper execution in Banking Software (schedule creation, interest calculation, stock, and receivables up-dation, collateral security creation etc.).
- Organize & Lead Requirement Gathering (Elicitation)meetings using techniques like Questionnaires, Document Analysis, Brainstorming Sessions, and Focus Group Discussions.
- Verification/Validation of requirements to ensure they deliver business value by conducting various reviews and workshops with clients
- Elicited & Translated Business requirement to User Stories & Epics, Acceptance criteria, prototypes, Business value.
- Proficient in creating Business Requirement document, Functional Requirement Document, Use case specification Document, Requirement Traceability Matrix.
- Well versed in working with the latest core banking solutions (Finacle7, Finacle10, Finacle11).
Timeline
Manager - Credit Monitoring
Federal Bank
01.2024 - Current
Business Analyst
Federal Bank Ltd
05.2017 - 12.2023
Retail Sales Manager
Federal Bank
10.2014 - 04.2017
Retail Sales Officer
Federal Bank
01.2014 - 09.2014
Advanced Programme in FinTech & Financial Blockchain -
Indian Institute of Management
Post Graduate Diploma in Banking and Finance -
Manipal University
Bachelor of Technology in Information Technology -
Asansol Engineering College
Similar Profiles
ALAN SAJUALAN SAJU
Customer Service Associate at Federal BankCustomer Service Associate at Federal Bank
Abhishek BhopeAbhishek Bhope
Relationship Officer at Federal BankRelationship Officer at Federal Bank
Revathy Kallamppilly JanardhananRevathy Kallamppilly Janardhanan
Customer Service Associate at Federal BankCustomer Service Associate at Federal Bank
Rathish RRathish R
EVP & Country Head-Business Banking at Federal BankEVP & Country Head-Business Banking at Federal Bank
Payal KamraPayal Kamra
Manager at M/s Deloitte Haskins & Sells LLPManager at M/s Deloitte Haskins & Sells LLP