SNEHAL VINIT MODAK
Summary
With over 11 years of progressive experience across the financial services industry, specializing in Audit, Compliance, Risk Management, and Credit Analysis. Demonstrates a strong blend of analytical acumen, regulatory knowledge, and strategic thinking, with a proven track record in assessing creditworthiness, mitigating risks, and ensuring adherence to financial and regulatory standards. With 5 years of experience in Audit, Compliance, and Risk, I have conducted internal audits, designed risk frameworks, and ensured regulatory compliance in line with local and international financial laws. Proficient in identifying control gaps, recommending process improvements, and supporting enterprise risk management initiatives. In the last 6 years, I have transitioned to Credit Analysis, where I have excelled in evaluating credit proposals, financial statement analysis, industry and market research, and risk rating assessments for both retail and corporate clients. Skilled in preparing detailed credit appraisal notes, working closely with relationship managers, and supporting credit committees in sound lending decisions.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Internal Audit Manager
Aadhar Housing Finance Ltd
06.2019 - 07.2024
- Ensured regulatory compliance with RBI and NHB guidelines across audit functions.
- Monitored and enforced compliance with internal policies, reducing non-conformity by 20%.
- Led a team of 8 in conducting concurrent audits, ensuring 100% adherence to compliance protocols.
- Spearheaded initiatives to streamline compliance reporting and audit documentation.
- Participated in the development of financial statements, ensuring rigorous checks and audit-readiness.
- Implemented a new invoice posting in the collection department to ensure smooth accounting processes.
- Contributed to cost-saving measures, reducing departmental expenses by 15% annually.
Branch Credit Manager
Aadhar Housing Finance Ltd
09.2015 - 05.2019
- Chased customers ahead of payment deadlines, ensuring balanced accounts within agreed invoice timeframes.
- Reviewed new credit requests, verifying eligibility and creditworthiness.
- Conducted financial investigations to provide accurate credit analyses for home loan borrowers.
- Assessed customer credit files regularly to review receivables.
Credit Analyst
Tata Capital Housing Finance
12.2014 - 08.2015
- Reviewed and verified new credit requests.
- Investigated financial records and provided credit analysis for home loan clients.
- Monitored receivables and assessed customer credit files regularly.
Team Leader Supervisor
ICICI Bank
08.2013 - 11.2014
- Planned and delegated work to meet targets.
- Conducted staff meetings to communicate priorities.
- Collaborated with sales and credit teams to deliver results.
Education
MBA/PGDM - Finance
Prestige Institute of Management
Dewas01.2012
B.B.A/B.M.S - Management
Vikram University
Ujjain01.2010
Skills
- Internal Audit & Risk-Based Auditing
- Regulatory Compliance (Basel, AML, KYC, RBI Guidelines, etc)
- Enterprise Risk Management (ERM)
- Credit Risk Assessment & Financial Analysis
- Loan Underwriting & Credit Appraisals
- Credit Monitoring & Portfolio Management
- Documentation & Policy Adherence
- Stakeholder Communication & Report Writing
Certification
- Internal Auditor Training
- Certification on Income Tax Return and GST
- ISO 9001 Quality Management
Languages
English
Marathi
Hindi
Gujarati
Timeline
Internal Audit Manager
Aadhar Housing Finance Ltd
06.2019 - 07.2024
Branch Credit Manager
Aadhar Housing Finance Ltd
09.2015 - 05.2019
Credit Analyst
Tata Capital Housing Finance
12.2014 - 08.2015
Team Leader Supervisor
ICICI Bank
08.2013 - 11.2014
MBA/PGDM - Finance
Prestige Institute of Management
B.B.A/B.M.S - Management
Vikram University