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
Credit underwriting
Decision-Making Competence
Networking and relationship building
Team Leadership Qualities
Commercial Vehicle loans
Auto loan
Retail Agri Loans
Mortgage
Risk management
Credit underwriting
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