SHAMALI BHALEKAR
Mumbai
Summary
Seasoned Mortgage Underwriter with comprehensive knowledge in loan origination, risk assessment, and financial analysis. Notable contributions include streamlining processes for efficiency in previous roles.
Overview
10
10
years of professional experience
Work History
Mortgage Underwriter
Indian Mortgage Guarantee Corporation Ltd
03.2024 - Current
- Responsible for the CAM based underwriting of Home Loan cases of PAN India
- Reviewing loan applications and assessing the creditworthiness of borrower.
- Assessment of risk and repaying capacity of the customer to ascertain the credit worthiness on the basis of lender’s CAM
- Reviewing Technical & Legal of PAN India collateral for Final Mortgage offer
- Ensuring compliance with regulatory requirements of internal and lender’s policies
- Approving authority of Mortgage Guarantee offers upto 20 Lacs
Credit Officer
KIFS Housing Finance Ltd
03.2022 - 03.2024
- Responsible for the credit appraisal and underwriting for HL and L cases
- Reviewing loan applications and assessing the creditworthiness of borrower.
- Personal discussion with borrower to understand their business/profile, structure of business and future growth.
- Analyzing financial eligibility on the basis of credit report, income documents and loan assessment.
- Conducting periodic training of credit policy to credit and sales team.
- Salesforce Software development testing of credit compliances
- Ensuring smooth Salesforce functioning as per the process and credit policy, deviation matrix.
Sr. Credit Processing Associate
PNB Housing Finance Ltd
03.2018 - 03.2022
- Scrutinizing Files including checking of KYC Documents, Income documents, Bank statements and Loan details as per company policy.
- Ensuring correct Application Data Entry, Initiation of FI, FCU, CIBIL
- Preparation of CAM on the basis of Financials, Bank statement and CIBIL assessment and updating to Credit Manager
- Conducting Tele PD of Salaried Cases, Examining and verifying the details.
- Underwriting of cases and analyzing financial eligibility on the basis of Income documents, Bank statement, CIBIL and appraising the case for final approval to Credit Manager.
Credit Processing Associate
DHFL
07.2017 - 03.2018
- Quality checking of Files, including checking of KYC Documents, Financial Statements and Bank Account statements, Loan details.
- Application Data Entry, FI, FCU, CIBIL & Dedupe Generation
- Preparation of CAM and observation sheet on the basis of Financials, Computation of Income, Bank statements, Loan Details.
- Calculation of Loan Eligibility based on Net Profit, Turnover, Banking Surrogate
- Property documentation checking original documents as per legal report and updating in Loan system
Credit Processing Associate
HDFC Bank
05.2016 - 07.2017
- File Processing, including check of KYC Documents, Financial Statements and Bank Account statements
- Application Data Entry, Initiation of FI, CIBIL & Dedupe Generation
- Co-ordination with Legal, Valuation & CPV teams for reports, Processing of bill Payments for vendors
- Profit & Loss and Balance Sheet preparation and analysis, Banking analysis, CIBIL assessment and System updating
- Credit Approval Memo Preparation
- Training of new CPA Staff
Education
PGDM - Finance
Welingkar Institute
01.2020
M. Com -
Mumbai University (IDOL)
06-2018
B.com - A&F
K. J. Somaiya College
04-2016
HSC -
D.J. Doshi Gurukul College
05-2013
SSC -
Swami Shamanand High School
06-2011
Skills
- Loan underwriting
- Credit assessment
- Risk evaluation
- Financial analysis
- MS Office
Timeline
Mortgage Underwriter
Indian Mortgage Guarantee Corporation Ltd
03.2024 - Current
Credit Officer
KIFS Housing Finance Ltd
03.2022 - 03.2024
Sr. Credit Processing Associate
PNB Housing Finance Ltd
03.2018 - 03.2022
Credit Processing Associate
DHFL
07.2017 - 03.2018
Credit Processing Associate
HDFC Bank
05.2016 - 07.2017
PGDM - Finance
Welingkar Institute
M. Com -
Mumbai University (IDOL)
B.com - A&F
K. J. Somaiya College
HSC -
D.J. Doshi Gurukul College
SSC -
Swami Shamanand High School