Rushabh Shah
Virar
Summary
Financial professional equipped with the tools and knowledge needed to advance into senior-level roles within innovative, growth-driven companies. Expert at developing and tracking budget expenses and strong ability to analyze and organize large data sets. Deep technical knowledge with proficient use of Banking applications and Excel programs.
Overview
7
7
years of professional experience
Work History
Analyst
DBS Bank India Limited
08.2023 - Current
- Scrutiny of End Use CA certificate along with Book debt, ensuring adherence to legal and regulatory standards
- Prepare monthly PSL position data for finance and regulatory reporting
- Elementary check on URCs and CRILC report for MSME & Agriculture borrowers on quarterly basis
- Maintain accurate documentation related to PSL classification for IBG & CBG, ensuring accessibility and compliance with internal guidelines
- Maintain disbursement and repayment pipeline for PSL (IBG & CBG) department to track financial performance
- Regularly refresh and update the PSL classification data, incorporating relevant changes and ensuring data integrity
- Prepare P&L and track actual v/s budget no’s & update estimate revenue no’s basis business confirmation
- Maintain comprehensive repository for PSL BU dept regarding QPSA & ANBC for future reference
- Quarterly PPTs related to PSLC, Flash, & Budget etc
- Validate and upload expense Invoices for PSL BU dept on Onex portal
- Co-ordinating with Vendor and Finance for timely solution on payments
- Preparation of monthly Provision file associated to dept expenses.
Deputy Manager
Indusind Bank
04.2023 - 08.2023
- Reporting of Credit exposure for fund based and Non-fund based limits
- Reporting of PSL classification for MSME and non MSME borrowers
- Scrutinize CAM and Risk note to update details for Credit exposure and PSL accordingly
- Updating of account tagging and account closure reports
- CGPAN creation, transfers and verification of Claim lodgment through NCGTC portal
- Reconciliation of accounts and GL's Monthly reporting of KRI Dashboard, CAD Staff, GECL data & GL reports
- Reporting of Fund Based Working capital limits (FBWC) > 150crores on monthly basis from CRILC
- Updating of Udyam registration certificate (URC) for MSME borrowers
- Coordination with Business and Branch regarding CGPAN bifurcation & Claim details
- Collaborating with SDG for projects related to system automation and enhancement.
Senior Associate
Tata Consultancy Services
11.2021 - 04.2023
- Processing credit applications for medical equipment which include payment schedule, yield maintenance, verifying SOS & licenses for borrower and personal guarantor
- Filing UCC (uniform commercial code) for new loan applications
- Examine and verify data for OFAC & REG W
- Processing refunds for customers and vendors
- Authenticate loan documents and upload into application
- Preparation of MIS reports (weekly)
- Managing customer queries related refunds & credit applications
- Extending UCC expiry date for borrower’s through iLien
- Re-issue of escheatment checks and void preceding vouchers and check through Wells Fargo.
Senior Officer
Yes Bank Limited
10.2017 - 07.2021
- Processing Disbursement of Term loan, Working capital & Short-term loans as per the organizations credit policies
- Credit limit assessment and set up as per collateral documents
- Managing audit related queries
- Reconcile & monitoring of Internal bank GL's and CASA Ac's
- MIS to senior management for volume dashboard, financial income reports, monthly/quarterly status reports
- Analyzing and reporting operational risk events, analyzing root cause of control breakdowns
- Collections of dues, prepayments, loan syndication and processing write off for stress account
- Maintaining MCLR, EBLR and MIBOR rates
- IBPC (Inter Bank Participation Certificate) disbursement, recon & remittance
- Analyze stock statements and cash flow to compute drawing power
- Collaborating with Fraud unit, Vigilance department, Operational Risk, Internal/external Auditors and Central notice team for data submission
- Authorize transaction related exceptions
- Review and update local Credit Policies and prepare Standard Operating Procedure (SOP)
- Coordinating with IT dept
- On system automation/bugs & UAT testing for system enhancement.
Education
Indian Institute of Banking And Finance
2024
PGDM - Finance
University of Mumbai
2022
Bachelor of Commerce - Accounting And Finance
University of Mumbai
2015
Skills
- Strategic planning
- Team Management
- Business Relationship
- Microsoft office
- Interpersonal Skills
- Root Cause Analysis
- Process Improvements
Accomplishments
- Spot on award from Yes Bank Ltd for best performance during short period.
- Achieved appreciation rewards from Yes bankers and got title of rookie rock star.
Languages
English
Advanced (C1)
Hindi
Advanced (C1)
Gujarati
Advanced (C1)
Marathi
Advanced (C1)
Timeline
Analyst
DBS Bank India Limited
08.2023 - Current
Deputy Manager
Indusind Bank
04.2023 - 08.2023
Senior Associate
Tata Consultancy Services
11.2021 - 04.2023
Senior Officer
Yes Bank Limited
10.2017 - 07.2021
Indian Institute of Banking And Finance
PGDM - Finance
University of Mumbai
Bachelor of Commerce - Accounting And Finance
University of Mumbai
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