Prashanth Kannan
Bengaluru
Summary
Results-driven credit risk and underwriting specialist with 9 years of experience in developing credit policies, performing detailed credit analysis, and managing large lending portfolios. Skilled in using alternative data and behavioral scoring to accurately assess creditworthiness, reduce NPAs, and enhance portfolio quality. Experienced in designing credit underwriting models, leading credit assessments and teams, and implementing strong risk management practices. Proven ability to ensure regulatory compliance, mentor credit teams, and drive growth while maintaining high asset quality and minimizing operational risks.
Overview
12
12
years of professional experience
6
6
Languages
Work History
Team Lead- Credit and Underwriting
JODO (Bharosepe technologies private limited)
Bangalore
04.2020 - Current
- Developed and refined credit risk policies, underwriting guidelines, and approval processes for unsecured rural business loans
- Leveraged alternative data, behavioral scoring, and cash flow analysis to assess creditworthiness
- Implemented portfolio monitoring frameworks to track performance and identify early stress indicators
- Trained and mentored credit officers in SME lending and risk assessment
Established process controls to minimize operational risks and improve accuracy - Ensured compliance with RBI, NBFC, and regulatory guidelines
Collaborated with audit and compliance teams for periodic risk reviews
Designed underwriting models for mid-corporate lending and managed large-ticket loan approvals - Led credit assessment, approval processes, and portfolio risk management
- Ensured adherence to risk policies and governance frameworks
Partnered with business teams to maintain asset quality and support growth - Demonstrated strong expertise in credit underwriting, risk assessment, and portfolio management
- Led teams effectively with strong decision-making and leadership skills
Fostered a positive work environment through collaboration and engagement - Defined and tracked performance metrics to achieve team targets 🚀
Credit Manager (Individual Contributor)
Bajaj Finserv
Bangalore
05.2018 - 04.2020
- Housing Loan Underwriting: Assessed borrower creditworthiness by evaluating loan applications, credit bureau reports (CIBIL, Equifax, CRIF), income documents, and asset details specific to housing loans.
- Assessed financial stability using employment details, debt-to-income ratios, and repayment capacity to determine risk levels and loan eligibility.
- Verified loan documentation for accuracy and completeness, ensuring strict compliance with internal credit policies, and regulatory guidelines (RBI/HFC norms).
- Reviewed client records to evaluate the financial viability of loan applications.
- Applied sound credit judgment to approve or escalate loan files within assigned authority limits.
- Conducted detailed credit risk assessments, including analysis of bureau scores, property valuations, and legal verifications.s.
- Identified and flagged high-risk, fraudulent, or policy-deviant cases for further review to safeguard portfolio quality.
- Prepared clear and structured credit appraisal notes with well-defined recommendations for credit committees and senior management.
Collaborated with loan officers, sales, legal, and operations teams to ensure smooth processing and timely disbursal of loans. - Monitored portfolio performance, tracked delinquencies and bounce trends, and recommended proactive risk mitigation strategies.
Stayed updated on housing finance regulations, market trends, and policy changes to ensure informed credit decisions. - Mentored junior underwriters, ensuring adherence to compliance standards, documentation quality, and best underwriting practices.
Process Associate-Credit Analyst
LKQ India Private Limited
11.2017 - 05.2018
- Conducted comprehensive credit assessments for B2B clients across the US and Canada, evaluating creditworthiness based on financial documents, and internal risk criteria.
- Recommended credit limits and payment terms aligned with internal credit policies, regulatory standards, and the company's risk appetite.
- Verified financial documents, including income statements, balance sheets, tax returns, and bank statements, to assess liquidity, solvency, and repayment capacity.
- Monitored credit utilisation and payment performance to proactively flag high-risk accounts and enforce credit holds, directly improving Days Sales Outstanding (DSO).
- Analysed key financial ratios such as DTI (Debt-to-Income), LTV (Loan-to-Value), and debt-to-equity, to support accurate credit decisions.
- Reviewed and monitored accounts receivable ageing reports to identify high-risk, or overdue, accounts and initiated targeted collection strategies.
- Partnered with cross-functional teams (Sales, AR, Legal, and Compliance) to resolve credit discrepancies, streamline onboarding processes, and reduce approval turnaround time.
- Managed a client portfolio by monitoring credit exposure, payment patterns, and usage trends to proactively mitigate credit risk.
- Prepared detailed credit recommendation reports and risk summaries to support decision making.
- Supported month-end and quarter-end closing activities by providing accurate receivables data, credit exposure, and risk analysis.
- Recognised for maintaining high portfolio quality through proactive credit monitoring, early risk detection, and adherence to best practices in receivables management.
Credit Analyst
Ujjivan Small Finance Bank
Bangalore
08.2014 - 11.2017
- Analyze credit and financial statements to determine credit risk for individuals and businesses.
- Review credit histories, bureau reports, and repayment behaviors to assess creditworthiness.
- Evaluate customer records, payment trends, and purchase history to recommend credit limits or payment plans.
- Make timely and accurate credit decisions balancing risk and business objectives.
- Collect and verify financial information from various sources, including public websites and internal systems.
- Independently manage daily underwriting tasks and credit application evaluations.
- Detect potential risks and escalate high-risk cases for further investigation.
- Maintain accurate credit documentation in compliance with internal policies and regulatory standards.
- Analyzed customer data such as financial statements to determine level of risk involved for extending credit.
- Analyzed credit scores to determine borrowers' creditworthiness.
Education
B.Com -
Smt Kamalabai Degree College
Skills
Credit Risk Assessment
Financial Statement Analysis
Ratio Analysis (DTI, LTV, Debt-to-Equity)
Workflow management
Risk management
Loan underwriting
Credit validations
Financial statement review
Credit analysis
Credit scoring
Credit policy
Underwriting guidelines
Financial statement analysis
Credit reports
Social links
https://www.linkedin.com/in/prashanth-kannan-58b547179/?originalSubdomain=in
Timeline
Team Lead- Credit and Underwriting
JODO (Bharosepe technologies private limited)
04.2020 - Current
Credit Manager (Individual Contributor)
Bajaj Finserv
05.2018 - 04.2020
Process Associate-Credit Analyst
LKQ India Private Limited
11.2017 - 05.2018
Credit Analyst
Ujjivan Small Finance Bank
08.2014 - 11.2017
B.Com -
Smt Kamalabai Degree College