Shamika Bhosale
Credit Manager
Mumbai
Summary
Dynamic Credit Manager with extensive experience at PayU Finance India, adept at risk analysis and workflow coordination. Proven track record in enhancing profitability through strategic bad debt reduction and efficient underwriting processes. Strong leadership skills complemented by exceptional communication abilities, driving successful negotiations and compliance across diverse credit portfolios.
Overview
9
9
years of professional experience
15
15
years of post-secondary education
Work History
Credit Manager
PAYU FINANCE INDIA PRIVATE LIMITED
09.2024 - Current
- Managed the entire end-to-end credit approval process from application review through contract negotiation and final execution.
- Improved credit risk management by implementing effective underwriting policies and procedures.
- Conducted regular reviews of existing accounts to ensure compliance with established terms and conditions.
- Monitored customer credit lines, collections and account balances to comply with credit limits and payment terms.
- Evaluated customer applications for new lines of credit and determined approval decisions accordingly.
Credit Manager
SMFG INDIA CREDIT COMPANY LIMITED
11.2021 - 09.2024
- Analyzed applicants' financial status and credit and property evaluations to determine loan feasibility.
- Enhanced department efficiency by streamlining processes, reducing errors, and automating routine tasks.
- Underwriting personal loan applications, both fresh and balance transfer, in accordance with company policy norms while evaluating loan documents to ensure accuracy and completeness.
- Allocating loan amounts based on policy norms.
- Reviewing loan documentation and vendor reports to identify signs of fraudulent activity
- Performing risk assessments on potential loan recipients based on credit rating, borrowing history, and other specific risk factors.
Credit Manager
TATA CAPITAL FINANCIAL SERVICES LIMITED
07.2021 - 10.2021
- Handling Credit Appraisal of Personal Loans of PAN India.
- Handling monthly Non-Starter Cases.
- Interview credit applicants by telephone or in person in order to obtain personal and financial data needed to complete credit report.
- Compile and analyze credit information gathered by investigation.
Assistant Credit Manager
Axis Bank
06.2018 - 05.2021
- Handling Credit Appraisal of Personal Loans in PAN India locations.
- Conducting monthly con calls of locations with SM's, CPA and FCU for better processing of applications and imparting timely policy refreshers.
- Interview applicants over tele PD in order to obtain personal and financial data needed to complete credit report.
- Compile and analyze credit information gathered by investigation.
- Contact former employers and other acquaintances to verify applicants' references, employment, health history, and social behavior.
- Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
Credit Executive
SMFG INDIA CREDIT COMPANY LIMITED
11.2016 - 05.2018
- Handling Credit Appraisal of Personal Loans and in Mumbai and ROMG as well as key team member of Centralized Digital Personal Loans Team.
- Handling newly introduced Digilend and EB Instant Credit product – login to disbursal.
- Contributed to a positive work environment by actively participating in team meetings, sharing insights, and providing constructive feedback on colleagues'' work.
- Facilitated open communication between sales teams and credit departments to ensure a smooth application process for clients seeking financing solutions.
CPA
CALIBEHR BUSINESS SUPPORT SERVICES PRIVATE LIMITED
10.2015 - 11.2016
- Screening and data entry of Personal and Business loans files in CRM Next and Finnone system.
- Disbursal of Personal and Business loans files.
- Key team member in handling of EB-72 Product (Login to Approval)
- Maintaining daily MIS and trackers of data.
Education
MBA - Finance
MET Institute of Management
08.2018 - 04.2021
Bachelor of Management Studies - Finance
Joshi Bedekar College
06.2011 - 03.2014
Higher Secondary Certificate - Science
Somaiya College
07.2009 - 03.2011
Secondary School Certificate -
D.J. Doshi Gurukul High School
04.2001 - 03.2009
Skills
Credit analysis
Accomplishments
- Certification for performance in Q2-FY24 (JAS).
- Won credit contest in 2024 (JFM).
- FIRE award in Sept 2022 for best performance.
- Best performer JAN 2019 (JFM).
Timeline
Credit Manager
PAYU FINANCE INDIA PRIVATE LIMITED
09.2024 - Current
Credit Manager
SMFG INDIA CREDIT COMPANY LIMITED
11.2021 - 09.2024
Credit Manager
TATA CAPITAL FINANCIAL SERVICES LIMITED
07.2021 - 10.2021
MBA - Finance
MET Institute of Management
08.2018 - 04.2021
Assistant Credit Manager
Axis Bank
06.2018 - 05.2021
Credit Executive
SMFG INDIA CREDIT COMPANY LIMITED
11.2016 - 05.2018
CPA
CALIBEHR BUSINESS SUPPORT SERVICES PRIVATE LIMITED
10.2015 - 11.2016
Bachelor of Management Studies - Finance
Joshi Bedekar College
06.2011 - 03.2014
Higher Secondary Certificate - Science
Somaiya College
07.2009 - 03.2011
Secondary School Certificate -
D.J. Doshi Gurukul High School
04.2001 - 03.2009
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