RAHUL PS
Credit Manager
Trivandrum
Summary
Accomplished Credit Manager at Bajaj Finserv, adept in financial analysis and risk mitigation, significantly improved operational efficiencies .Mentored teams, fostering a culture of continuous improvement and credit risk management excellence. Skilled in process implementation and staff management, driving productivity and enhancing creditworthiness assessments.
Overview
6
6
years of professional experience
Work History
Credit Manager
Bajaj Finserv
12.2022 - Current
- Responsible for recognising credit risks for a leading NBFC that offers a wide range of personal and commercial financial products/services to customers.
- Decisions making done in Personal loan for the approval ticket size 3
- Analysed applicants' financial status and credit and property evaluations to determine loan feasibility.
- Investigated and evaluated customers for creditworthiness and potential risk factors.
- Managed the entire end-to-end credit approval process from application review through contract negotiation and final execution.
- Implemented an effective training program for new hires that accelerated their ability to contribute effectively within the team environment quickly.
- Conducted comprehensive financial analysis to assess creditworthiness for both new and existing customers.
- Collected data and performed trend and variance analysis to mitigate risk arising from bad debt.
- Work cross-functionally with sales, management, and other departments to maintain effective operations.
- Reviewed and analyzed loan procedures.
- Devised collection recovery strategies to resolve customer issues and delinquent cases.
- Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
- Established a culture of continuous improvement within the credit department, driving process enhancements that increased productivity without sacrificing quality or control measures.
- Developed strategies to expedite payments and customer resolutions.
- Provided training and consulted with struggling teams to help meet monthly target goals.
- Optimized credit approval and collection processes, improving operational efficiencies by over Number%.
- Maintained accurate records of all customer interactions, ensuring transparency in reporting and easy access for future reference or legal purposes if necessary.
- Reduced past due balances and bad debt by coordinating collection efforts with customer service, sales and billing departments.
- Reviewed internal processes to align with regulatory requirements in credit-related activities.
Risk Management Analyst
Hdb
09.2019 - 12.2022
- Investigated allegations to check validity and recommend actions to minimize risk.
- Promoted enterprise-level risk management practices and helped instill strong culture focused on protective policies and procedures.
- Handled claims according to internal risk management policies, keeping liability minimized by leveraging expertise and available tools.
- Maintained current team documentation, validated codes and tracked invoices to keep accounts and records current.
- Encouraged stakeholders to approach assessments analytically and offer unique insights to bring new understanding to risk management programs.
- Taught employees how to control risks at front line.
- Instituted regular safety inspections and hazards management strategies to keep operations compliant.
Education
MBA - Human Resources Development
Annamalai University
Trivandrum03.2021
Bachelor Of Commerce - Taxation
Kerala University
Trivandrum03.2016
Skills
Expertise in
Proficient in English
Authorisations understanding
Market knowledge
Policy application
Credit reports
Reporting familiarity
Financial analysis and reporting
Process implementation
Sales professional
Data trending
Bank security expert
Staff Management
Human resources knowledge
Timeline
Credit Manager
Bajaj Finserv
12.2022 - Current
Risk Management Analyst
Hdb
09.2019 - 12.2022
MBA - Human Resources Development
Annamalai University
Bachelor Of Commerce - Taxation
Kerala University