Soumya Ranjan Rout
Banking Professional
Flat no A 312, Enclave 5, DHPL housing, Kalarahanga,Patia, Bhubaneswar
Summary
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
12
12
years of professional experience
7
7
years of post-secondary education
Work History
Cluster Mortgage Manager
IDFC First Bank Ltd
08.2023 - Current
- Conducted comprehensive market research to identify potential lending opportunities for the organization''s growth strategy.
- Decreased loan approval turnaround time by optimizing workflow processes and enhancing communication among the team members.
- Presented monthly reports to executive management, highlighting key metrics such as loan volume, delinquency rates, and overall portfolio performance.
- Spearheaded initiatives aimed at boosting employee morale and retention within the department through targeted training sessions and team-building activities.
- Developed and maintained a comprehensive knowledge of mortgage products, industry trends, and regulatory changes to provide expert guidance to both clients and colleagues.
- Implemented policies and procedures that reduced errors in underwriting, resulting in fewer declined loans and increased revenue.
Cluster Credit Manager
IDFC First Bank Ltd
04.2022 - 07.2023
- Responsible for underwriting secured and unsecured proposals for loan customers as per the laid down policies & procedure to honor the agreed SLAs and manage area business
- Volumes.
- Investigated and evaluated customers for creditworthiness and potential risk factors.
- Analyzed applicants' financial status and credit and property evaluations to determine loan feasibility.
- 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.
- Implemented an effective training program for new hires that accelerated their ability to contribute effectively within the team environment quickly.
- Established a culture of continuous improvement within the credit department, driving process enhancements that increased productivity without sacrificing quality or control measures.
- Work cross-functionally with sales, management, and other departments to maintain effective operations.
Area Credit Manager
DCB BANK Ltd
05.2016 - 03.2022
- Credit appraisal of Kcc loan applications within defined guidelines and accordingly take decision for loans upto 25 Lacs or recommend for approval to higher authorities for loans >25 Lacs.
- Enhanced team productivity by providing regular training sessions on credit management topics.
- Managed a high-performing team of credit professionals, fostering a culture of continuous improvement and providing guidance on career development opportunities.
- Reduced delinquency rates with consistent monitoring and timely follow-ups on overdue accounts.
- Improved credit approval rates by implementing a comprehensive risk assessment process.
Credit Analyst
DCB BANK Ltd
05.2012 - 04.2016
- Investigating the financial standing and reputation of credit applicants
- Preparation of proposals & Risk rating of proposals.
- Assessed credit risk and analyzed financial statements.
- Analyzed customer data such as financial statements to determine level of risk involved for extending credit.
- Analyzed credit scores to determine borrowers' creditworthiness.
- Ensured compliance with internal policies and regulatory requirements through diligent documentation of all credit decisions.
- Made decisions and recommendations about extending lines of credit.
- Mentored junior analysts, sharing best practices and fostering their professional development in credit analysis techniques.
Education
MBA -
KIIT School of Rural Management, KIIT University
Bhubaneswar 04.2010 - 03.2012
BBA -
Nehru Institute of Information Science & Technology, Utkal University
Bhubaneswar 04.2007 - 03.2010
12th -
Balangi Mahabidyalaya
Balasore 04.2005 - 03.2007
10th -
Bhubaneswari High School
Jaraka 04.2005 - 04.2005
Skills
References
Available on request
Languages
ENGLISH
HINDI
Timeline
Cluster Mortgage Manager
IDFC First Bank Ltd
08.2023 - Current
Cluster Credit Manager
IDFC First Bank Ltd
04.2022 - 07.2023
Area Credit Manager
DCB BANK Ltd
05.2016 - 03.2022
Credit Analyst
DCB BANK Ltd
05.2012 - 04.2016
MBA -
KIIT School of Rural Management, KIIT University
04.2010 - 03.2012
BBA -
Nehru Institute of Information Science & Technology, Utkal University
04.2007 - 03.2010
12th -
Balangi Mahabidyalaya
04.2005 - 03.2007
10th -
Bhubaneswari High School
04.2005 - 04.2005
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