Saurav Saraf
Credit Underwriter
Hyderabad,Telangana
Summary
Dynamic professional with a strong foundation in risk assessment, financial analysis, and strategic decision-making. Expertise in evaluating creditworthiness and analyzing financial statements, along with a proven ability to manage risk exposure effectively. Recognized for fostering team collaboration and adapting to evolving needs, ensuring optimal results in high-pressure environments. Committed to precision and reliability, consistently delivering impactful outcomes in underwriting and beyond.
Overview
8
8
years of professional experience
1
1
Language
Work History
Lead Secured Lending Underwriter (CB)
Wells Fargo International Solutions Private Limited
10.2022 - Current
- Managed end-to-end credit underwriting and portfolio oversight for large corporate supply chain finance and factoring transactions.
- Propose ratings and limits while conveying findings to the credit committee.
- Conducted credit analysis encompassing financial statement reviews, diverse business models, and industry risk assessments.
- Conduct credit risk assessments for potential loan recipients and existing clients based on credit rating, borrowing history, and additional risk factors.
- Evaluate and communicate reports on non-compliance regarding loan covenants and internal triggers.
- Utilize independent judgment to direct medium-risk deliverables.
- Advise on resolving complex situations, and apply independent judgment while enhancing expertise in secured lending, underwriting policies, procedures, and compliance requirements.
- Analyzed data to identify areas of improvement, implementing changes that resulted in greater operational efficiency.
- Successfully managed change within the organization, ensuring smooth transitions during periods of restructuring or process improvements.
- Contributed to the GEN AI project through the implementation of automated write-ups, utilizing Tachyon and additional tools.
Manager, Wholesale Credit Risk (India Region)
HSBC EDPI Private Limited
08.2019 - 09.2022
- Evaluated creditworthiness of diverse clients and assessed financial positions prior to approval of credit facilities.
- Identified and mitigated potential risks linked to sanctioning credit facilities.
- Assess, endorse, and validate credit proposals for Commercial Banking clients following approved credit thresholds.
- Ensure credit quality of portfolio while surpassing forecasted impairment
- Strategically identify and emphasize emerging risk issues and sub-standard credit exposures, ensuring timely actions protect Bank's interest.
- Enhance management information systems for effective monitoring of output quality and quantity.
- Products encompassed – Working Capital Facilities, LAP, Cards, Bonds & Guarantees, etc.
Accounts Executive-Treasury Division
Larsen & Toubro Limited
Kolkata
12.2017 - 08.2019
- Executed issuance, extension, cancellation, and monitoring of bank guarantees and letters of credit.
- International Transactions and DTAA Regulations.
- Secured funding for international projects while ensuring compliance with RBI regulations. Oversaw adherence to RBI compliance standards across various international initiatives.
- ICFR compliance for Treasury function.
- Banking Operations, Bill of Entry, and FEMA Regulations.
- Working Capital Optimization and Cash Management.
- Facilitated interactive presentations on various topics including GST, TDS, and Gross & Net Working Capital.
- Launched creation of Monthly Dashboards for working capital and its parameters.
- Facilitate monthly preparation and submission of Drawing Power Statement.
Education
Cost and Management Accountant - Accounting And Finance
Institute of Cost Accountants of India
Kolkata06.2017
Bachelors in Commerce (Hons) - Accounting And Finance
University of Calcutta
Kolkata01.2012
Skills
- CARM and BMM knowledge
- Hyperion expertise
- Proficient in MS Office
- Power BI & Tableau
Interests
Reading, playing badminton, travelling and interacting with new people
Awards
Secured an ALL-INDIA RANK-37 in CMA Final., Received Wholesale Credit & Market Risk (WMR) COE Quarterly Award for contribution to WMR process., Received Business Area appreciations for contributing ideas to improve Defence Clearance processes in Business Banking segment and for detecting money laundering and fraud, and on a number of occasions by RMs for quick assistance and knowledge sharing., Awarded 2nd prize by the Consul General of China for knowledge test on India-China Friendship., Rated as Top Performer for the year 2017-18 by Larsen & Toubro Limited.
PERSONAL INFORMATION
- Date of Birth: 16th November 1991
- Permanent Address: 2/48-41, Telecom Nagar, Gachibowli, Hyderabad-500032, India
Timeline
Lead Secured Lending Underwriter (CB)
Wells Fargo International Solutions Private Limited
10.2022 - Current
Manager, Wholesale Credit Risk (India Region)
HSBC EDPI Private Limited
08.2019 - 09.2022
Accounts Executive-Treasury Division
Larsen & Toubro Limited
12.2017 - 08.2019
Cost and Management Accountant - Accounting And Finance
Institute of Cost Accountants of India
Bachelors in Commerce (Hons) - Accounting And Finance
University of Calcutta
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