Rutooraj Sonavane

• Lead 125+ FTE teams across Noida and Chennai
• Provide leadership to the managers and management oversight for issue resolution and create an environment that encourages staff retention; high levels of staff engagement and ensured employee satisfaction shows a year-on-year improvement – Your View Engagement Score-98%
• Ensured seamless communication and storytelling to be able to engage with Senior Business Leaders and Stakeholders
• Leading oversight of automation & transformation related initiatives in CB teams
• Own and manage risk and controls within process business.
• Responsible to Formulate strategies and implement plans based on the performance of the process, business goals related to the customer, process management, training requirements, and operations planning to maximize client satisfaction.
• Instrumental in Project for Lending Cycle time Reduction- 87 days to 38 days
• Led Recruitment and Talent Development plan for the India Ops team and ensured that the right level of investment is made in Top Talent to groom for bigger & better roles.

• Manage multiple locations team within Lending Operations - managing c32 billable FTEs
• Took extended VP role for Wholesale Lending
• Ensure seamless communication and storytelling to be able to engage with Senior Business Stakeholders
• Implemented process improvement to shape organizational culture, optimize procedures for higher efficiency and help company evolve and grow

• Set up team of 15 BA4 Credit Analysts responsible for financial review/credit analysis, trend analysis, covenant review, ratio calculations, etc for corporate banking customers
• Own the resource management plan for the business and ensure smooth induction of new hires in the team
• Lead training initiatives to improvise Quality of Credit papers created by the India team.
• Reviewed, identified, updated and prioritized strategic initiatives to provide comprehensive support to senior leadership
• Spearheaded process improvement project which enabled saving of c7 FTE and also won BRP award in Feb2020 nominated by Head of BUK Credit Risk.

• Credit risk assessment for portfolio of Large/Medium Corporate clients (Health Services, TMT and MTL) spread across UK to offer new/renew commercial banking arrangements
• Driven CSR activity – Rs 22k (equally matched by Barclays) contributed to NGO
• Won Barclays Global Value Recognition Award in 2015 for Excellence in Credit Analysis and Contribution towards Mentoring/Training new joiners.

• Part of Credit Risk Sanction team, performing credit risk appraisal of financial proposals for SME Corporate clients (Turnover up-to Rs 100 Crore) for their Secured, fund/non fund-based requirements
• Identified various fraudulent credit applications, avoided bank on taking exposure to customer who was involved in a criminal activity, hence receiving appreciation mail from Head Credit and Chief Risk Officer, IndusInd bank.

• Undertook Risk assurance reviews involving planning, fieldwork, issues discussion with business, reporting & issues tracking.
• Stakeholder management key part of profile which needed engaging with Senior Auditors based out of UK and interview Senior Management as part of Reviews.
• Led team of 2 while conducting review based out of India.
• Star of Month award nominated by UK stakeholders in Prudential – March 2011
• 4 Officially visit to UK for risk review purposes in Prudential.

• Part of Credit Risk Sanction team, performing credit risk appraisal of financial proposals for SME Corporate clients (Turnover upto Rs 50 Crore) for their Secured, fund/non fund-based requirements
• Early identification of stressed account which enabled bank on timely recovery of loan amount outstanding of Rs 15.0mn and a likely NPA, hence receiving appreciation mail from Senior General Manager
• Part of special task of preparing One time settlement Proposals for Agri Loans which were to be presented to Committee of Directors
• Developed E-Learning Module on Cash Management Service in ICICI bank.

GPA: 2.99/4 (74.75%)

Percentage: 57.5%