Rajan Choudharry
Jaipur
Summary
Dynamic Portfolio Credit Manager with extensive experience at AU Small Finance Bank Ltd, excelling in credit risk assessment and team leadership. Achieved significant reductions in delinquencies through strategic debt collection initiatives. Adept at effective communication and problem-solving, driving operational efficiency and enhancing portfolio management. Passionate about delivering exceptional results in financial services.
Overview
12
12
years of professional experience
Work History
Portfolio Credit Manager - Home Loan
AU Small Finance Bank Ltd
Jaipur
12.2024 - Current
- Ensured timely and accurate processing of all credit transactions.
- Developed strategies for effective debt collection, reducing delinquencies significantly.
- Prepared and presented regular reports on credit risk exposure to senior management.
- Oversaw credit review processes, ensuring thorough assessments were completed promptly.
- Utilized financial modeling to forecast credit trends and adjust policies accordingly.
- Coordinated approval of lines of credit and various loans, including commercial and personal.
- Evaluated customer applications for credit limits based on established guidelines.
- Managed team of credit officers and managers to enhance operational efficiency.
- Responsible for the Jaipur, Phagi, and Chaksu location to provide end-to-end support for generating the business.
Divisional Manager -Credit - Kota
Fincare Small Finance Bank Limited known as AU Small Finance Bank Limited (After the merger)
Kota
03.2018 - 11.2024
- Directed management of three financial products: LAP, SME, and AHL.
- Collaborated with external FCU team on case coordination.
- Maintained regular contact with vendors to enhance service delivery.
- Supervised five credit managers, focusing on adherence to policies.
- Monitored compliance activities including PDDE updates and statutory requirements.
- Conducted training sessions for sales teams to improve service levels.
- Resolved disbursement queries raised by R.O effectively.
- Analyzed portfolio performance to address policy deviations and propose solutions.
Branch credit & compliance manager (Cluster Credit Manager)
Mahindra & Mahindra financial service limited
08.2016 - 02.2018
- Verifying and scrutinizing all the document execution as per login checklist
- Doing PD with customer at all locations in cluster
- Currently handling three branches of jaipur cluster
- Underwriting the case sanction in Polaris after initial entry by CPA
- Coordination with Legal and Technical Vendors in clearing the queries
- Coordination with Astute in clearing FI cases
- Regular visit to all vendors: Legal, Technical & FI Agency at least once on monthly basis to review the TAT, Process implemented and resolving issue if any
- Also keep them updated about the market practice and what other financial institutions are practicing for the same region
- Monitoring all the activities of CPA like EMI Calling, CERSAI execution and ROC creations
- Underwriting the Post Approval document execution which is prepared by CPA
- Clearing Queries in disbursement raised by R.O
- Recruitment and Training of all CPA's in their clusters
- Collection visit for OD cases and follow ups to recover the loan amount and also to understand the credit appraisal method after the learning's from delinquent's cases
- Regular review of portfolio in their clusters to understand the gaps in policy, process and any other issues and accordingly suggest changes for same
- Maintaining the TAT for complete proposal from Login to Disbursement
- Ensuring the adherence to the policy norms
- Maintain minimum deviation level
- Verification of deviation approval from the appropriate authority as per policy documents
- Responsible for quality of assets for certain period of performance
- Monitoring the PDDE updation and compliance
- Ensuring the post sanction compliances before disbursement
- Ensuring the statutory compliances, if any applicable like creating charges etc
- Conducting trainings and feedback periodically to the sales team members coordinate and supervise service levels of external vendors
Credit Analyst
Tata Capital financial service limited
11.2015 - 06.2016
- Credit note preparation
- Deferral documents report preparation
- Overdue Report Preparation
- CMA checking
- Financial checking
- File checking & query revert to sales
- Daily MIS preparation
Disbursement cum Credit Officer
AU Small Finance Bank Ltd
09.2014 - 11.2015
- Cibil creation & status checking (cibil score, loan enquiry, any defaulter history)
- Make sanction mail approval
- File checking as per checklist
- Complete pendency's through RO
- Loan Number generation after file checking
- Details modification in system according to files (charges, valuation details etc.)
- PAN INDIA legal, technical (Vendors) & employee claim payments
- Legal and Valuation Fire through me & CERSAI Creation
- Resolve all File query Pan India (Operation, Audit)
- Resolve Collection (pending EMI) provided by MIS TEAM as per allocation
- Branch CRM (Leads, Leads Follow-up, NOC query, Foreclosure query) Resolutions
- Complete audit queries which is allotted by Audit team
- Complete files OTC/PDD documents complete
- Make Vendors agreement & renewal policy
- Review of audit queries with credit team
Rajasthan Coordinator (Operation Executive)
HDFC Bank Ltd. (HBL Global)
08.2013 - 09.2014
- Team Work & Coordinator
- All Home Loan MIS Updation
- Executive & DSA File Updation
- Executive HR work of All Rajasthan
- SM Meeting & activity Planning
- File working & Credit work
- 3 Days New Executive Training
- All File credit work & Login
- LOS file Updation and number generation
- Home Loans application file number generation
- Work on Crest software for home loans file login
- Make loan according to his/her financial background
- Pd with customer and Updation in crest system
- Update all loans in obligation which is found in cibil
- Make loan accordingly his/her eligibility
- Complete pendency at the time of sanction
Education
M.Com -
Rajasthan University
Jaipur01.2016
B.Com -
Rajasthan University
Jaipur01.2013
Senior Secondary - Com.
Board of Raj. Ajmer
Jaipur01.2010
Secondary -
Board of Raj. Ajmer
Jaipur01.2008
Skills
- Self-confidence
- Credit risk assessment
- Leadership qualities
- Hardworking
- Portfolio management
- Team leadership
- Effective communication
- Problem solving
- Excellent communication
- Team building
- Risk assessment
- Sales support
- Credit reports
- Community networking
Hobbies and Interests
- Making friends
- Listening to music
- Playing & Watching Cricket
Languages
- English
- Hindi
Personal Information
- Father's Name: Mr. Vinod Choudhary
- Date of Birth: 12/07/93
- Marital Status: Married
- Child: Blessed with one cute daughter
Timeline
Portfolio Credit Manager - Home Loan
AU Small Finance Bank Ltd
12.2024 - Current
Divisional Manager -Credit - Kota
Fincare Small Finance Bank Limited known as AU Small Finance Bank Limited (After the merger)
03.2018 - 11.2024
Branch credit & compliance manager (Cluster Credit Manager)
Mahindra & Mahindra financial service limited
08.2016 - 02.2018
Credit Analyst
Tata Capital financial service limited
11.2015 - 06.2016
Disbursement cum Credit Officer
AU Small Finance Bank Ltd
09.2014 - 11.2015
Rajasthan Coordinator (Operation Executive)
HDFC Bank Ltd. (HBL Global)
08.2013 - 09.2014
M.Com -
Rajasthan University
B.Com -
Rajasthan University
Senior Secondary - Com.
Board of Raj. Ajmer
Secondary -
Board of Raj. Ajmer