PRATEEK KHANDELWAL
Chartered Accountant
Jaipur
Summary
A suitable & challenging position in an organization that draws upon my strengths & to contribute my knowledge, skills & experience for the advancement of the organization.
Overview
6
6
years of professional experience
Work History
Associate Vice President-Risk Monitoring
Northern Arc Capital
04.2023 - Current
- Conducted comprehensive due diligence on Business Model, Operations, and Financial and Governance Aspects of prospective clients for onboarding.
- Conducted on-site visits to client premises, engaging with top management and functional teams to gain insights into their business models, identifying potential risk areas, and providing recommendations for risk mitigation.
- Continuously monitored sector-level risks, conducted periodic credit analysis, and monitored the risk of onboarded entities. along with reporting on early warning signals or signs of Credit risk deterioration and recommended necessary actions at both entity and sector levels, while fostering collaboration with stakeholders such as investors.
- Conducted periodic credit analysis to facilitate client onboarding approvals, limit enhancements, and covenant setting on Term-sheets across various products.
- Achieved a 100% growth in SCF portfolio with zero delinquencies within a span of 12 months.
- Facilitating disbursements of sanctioned limits by establishing diverse agreements, such as financial requirements, oversight terms, and reporting conditions within the term sheet, while also ensuring compliance with prerequisite conditions.
- Execution of structured credit transactions including corporate acquisition finance.
Credit Manager
Equentia Financial Services Private Limited (Credable)
11.2021 - 04.2023
- Analyzed customer business structures by examining business models, industry operations, and credit risks in alignment with organizational credit policies.
- Facilitated collaboration between business and operational teams to ensure timely submission of proposals to sanctioning authorities for structured lending.
- Monitored risks through regular reviews of the current portfolio, identifying trends in key credit aspects, and taking immediate corrective action in case of breaches or quality downturns, engaging with clients and relevant teams.
- Assessed clients' fund-based working capital requirements utilizing revenue-based lending and cash flow-backed lending models.
- Conducted financial analysis encompassing liquidity ratios, solvency ratios, profitability ratios, and efficiency ratios, alongside management and investor due diligence.
- Designed solutions for unstructured working capital challenges by offering products such as Trade Intermediation, GRN Discounting, and cash flow-based finances.
- Developed credit policies and frameworks informed by economic and industry credit outlooks.
Senior Credit Manager
Kotak Mahindra Bank Limited (Relationship Banking Group-Working Capital)
06.2018 - 11.2021
- Prepared Credit Risk Appraisal Notes in accordance with bank guidelines and presented cases to higher authorities for approval.
- Organized client meetings to gain comprehensive understanding of their credit requirements, operational workflows, business structures, operational efficiency and management practices, along with industry outlook.
- Examined and assessed the Fund-based and Non-Fund-based working capital requirements of clients according to RBI-mandated assessment methodologies, with an average working capital limit of Rs. 40 Crores.
- Examined financial statements with a focus on liquidity ratios, solvency ratios, profitability ratios, and efficiency ratios, while also evaluating security offered by client in form of current assets, properties, cash margins, guarantees, etc.
- Conducted due diligence through various platforms such as CIBIL, Probe, Save Risk, NCIF, and CFR to evaluate clients' credit and management histories.
- Offered diversified Fund-based and Non-Fund-based working capital products including CC limits, OD limits, BG limits, LC Limits, Term Loans, INF, Channel Finance, Trade Advance limits, etc.
- Worked with clients across industries including Automobile, Logistics, Hospitality & Tourism, Infrastructure Development, and Mining & Quarrying.
- Prepared sanction letters and relevant documentation for case disbursements.
- Oversaw timely account renewals and portfolio enhancements through regular discussions with business teams, ensuring compliance with RBI and bank policies.
- Conducted periodic reviews of the existing portfolio to identify potential threats and risks.
- Engaged in ongoing discussions with approving authorities regarding credit and economic developments.
Consultant
Nitin Khandelwal & Associates
04.2018 - 06.2018
- Compiled Analysis Reports for assessments conducted under the Income Tax Act spanning 13 Assessment years.
- Verified the utilization of grants received by NGOs and Trusts.
- Conducted audits to assess the application of income and investments made from accumulated income by Trusts and NGOs in accordance with the IT Act.
Professional Intern
Shiv S. Gupta & Co.
- Conducted Revenue Audits for a diverse portfolio of PSU Banks including Bank of Baroda, Oriental Bank of Commerce, and Union Bank.
- Verified the status of current assets and liabilities, insurance agreements, collateral, and associated title deeds during Revenue audit engagements.
- Assessed the alignment of bank processes and procedures with regulatory guidelines set forth by the bank and RBI, while also validating NPA calculations and loan asset provisioning.
- Prepared comprehensive CMA Reports and project reports for project finance.
- Managed the preparation and submission of TDS Returns, VAT Returns, Income Tax Returns, and Tax Audit Reports as per section 44AD.
Education
Master of Commerce - Economic Administration And Financial Management
University of Rajasthan
Jaipur, IndiaBachelor of Commerce - Accounting And Business Management
University of Rajasthan
JaipurClass-XII -
CBSE
Class-X - undefined
CBSE
CA Final - Financial Management
The Institute of Chartered Accountants of India
04.2001 -
Skills
Accomplishments
- Appointed as SPOC for Trade Intermediation vertical at Credable.
- Promoted from Manager to Senior Manager at Kotak Mahindra Bank Limited in June 2021
- Organized various learning drives for CAs on different professional & technical issues.
- Successfully organized different social responsibility drives by ICAI including Tree plantation, distribution of food & clothes to needy people, Covid vaccination drive, etc.
- Actively engaged with Management Committee of Jaipur Branch of CIRC of ICAI.
- Served as a member of CMII of Jaipur Branch of CIRC of ICAI for 2020-21.
- Secured Second position in Inter House Debate competition
- Won Best performer award in Inter Class Drama competition
Professional Qualifications
Chartered Accountancy (CA) Course (Cleared in Nov.2017)
Ø CA Final - 50.63%
Ø IPCE – 59.43%
Ø CPT – 64%
Timeline
Associate Vice President-Risk Monitoring
Northern Arc Capital
04.2023 - Current
Credit Manager
Equentia Financial Services Private Limited (Credable)
11.2021 - 04.2023
Senior Credit Manager
Kotak Mahindra Bank Limited (Relationship Banking Group-Working Capital)
06.2018 - 11.2021
Consultant
Nitin Khandelwal & Associates
04.2018 - 06.2018
CA Final - Financial Management
The Institute of Chartered Accountants of India
04.2001 -
Professional Intern
Shiv S. Gupta & Co.
Master of Commerce - Economic Administration And Financial Management
University of Rajasthan
Bachelor of Commerce - Accounting And Business Management
University of Rajasthan
Class-XII -
CBSE
Class-X - undefined
CBSE
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