MS Office
Shubham Dubey
Sr Debt Manager
Jaipur
Summary
Provides customers with targeted financial advice, service options, and product recommendations to serve debt management needs. Effective at building and implementing plans for each person or organization. Proficient in factors affecting credit scores and strategies for financial recovery.
- Over 6 years of experience in managing recoveries and collections for Working Capital (OD-CC), Unsecured Business Loans, and Dropline Overdrafts. Currently designated as Senior Debt Manager - Business Loans (Flows) at D3 grade with IDFC First Bank in Jaipur, Rajasthan.
- Extensive knowledge of legal proceedings with practical experience in initiating actions under the SARFAESI Act, Negotiable Instruments (N.I.) Act, Civil Suit, and Debt Recovery Tribunal (DRT) against delinquent and NPA loans.
- Completed a 2-month internship at ICICI Bank, gaining experience in handling branch banking processes.
Overview
7
7
years of professional experience
16
16
years of post-secondary education
3
3
Certifications
2
2
Languages
Work History
Sr. Debt Manager - Business Loans (Flows)
IDFC First Bank
10.2021 - Current
- Independently managed the collection of unsecured business loan portfolios for major regions in Rajasthan, including Jaipur, Kota, and Ajmer.
- Tracked and managed team performance to increase productivity and enhance management effectiveness by regularly boosting team performance.
- Monitored and controlled delinquency rates by area, bucket, and days past due (DPD), with a focus on non-starters.
- Created and published various MIS reports and dashboards for Rajasthan, utilizing Salesforce for strategic analysis purposes.
- Developed strategies and plans to minimize delinquency and losses for high-value loans and defaulters through innovative credit lending strategies.
- Reported directly to the Area Collection Manager of Rajasthan.
Debt Manager
ICICI Bank Ltd
10.2017 - 10.2021
- Served as Debt Manager for the Business Loan Group, overseeing products including Overdraft, Cash Credit, Term Loans, Bank Guarantees (BG), Letters of Credit (LC), and Export Packing Credit (EPC) for NPA customers, while also handling specific PNPA cases.
- Directed the collection and recovery of dues, employing necessary legal actions to ensure compliance and effectiveness.
- Managed recoveries for Overdraft, Cash Credit, Commodity-Based Funding (CBF), Term Loans, and BG for both PNPA and NPA accounts across Jaipur, Kota, Ajmer, Udaipur, Bhilwara, and their spoke locations, overseeing a portfolio exceeding INR 350 million and more than 400 NPA accounts, including the erstwhile Bank of Rajasthan's term loan portfolio.
- Initiated legal proceedings against NPA accounts, from issuing Loan Recall Notices to the disposal of properties.
- Encouraged customers to provide securities to secure unsecured cases, leveraging the maximum advantage of legal tools such as Legal Conciliation, Lok Adalat, and National Lok Adalat.
- Negotiated with customers for dues collection and settlements in NPA cases, identifying potential future NPAs and taking proactive measures to regularize such accounts.
- Generated leads for other banking products, including Fixed Deposits (FD), working capital, and other liability and asset products.
- Reported directly to the Regional Debt Manager of Rajasthan, ensuring regular monitoring and compliance with regulatory requirements.
- Monitored enforcement agencies and managed recovery efforts through collection agencies and in-house teams to maximize resolution and minimize net additions to the recoveries portfolio.
Education
PGDB - Banking And Finance
Manipal Academy of Higher Education
Bangalore 04.2001 - 04.2017
B.Com. -
University of Kota (Kota, Rajasthan)
Intermediate 12th -
DAV Public School, Kota (CBSE)
High School 10th - undefined
DAV Public School, Kota (CBSE)
Skills
- Portfolio Management
- Budget Planning
- Risk Mitigation
- Stakeholder Communication
- Debt Negotiation
- Debt Counseling
- Credit Control
- Debt Recovery Strategies
- Cash Flow Forecasting
- Loan Processing
- Decision-Making
- Analytical Skills
- Problem-Solving
Certification
NISM Series VI Depository Operations Certification Examination
Software
Salesforce
CRM
Timeline
Sr. Debt Manager - Business Loans (Flows)
IDFC First Bank
10.2021 - Current
Debt Manager
ICICI Bank Ltd
10.2017 - 10.2021
PGDB - Banking And Finance
Manipal Academy of Higher Education
04.2001 - 04.2017
B.Com. -
University of Kota (Kota, Rajasthan)
Intermediate 12th -
DAV Public School, Kota (CBSE)
High School 10th - undefined
DAV Public School, Kota (CBSE)
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