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Sumit Sagar Rai
Credit Analysis..... Professional Skill :- Credit Analysis Professional With Over The 5 Years Of Experience Specializing Secured & Unsecured Loan For NBFC & Bank's.I Can Implement With Effect Credit Analysis, Which Person Should Be Taken Loan. My Great Strength Is Business Awareness , Which Enable Me To Permanently Streamline Infrastructure & Development
Jabalpur,Madhya Pradesh
Summary
Seeking a position in the financial sectors to work in a faster pace and better environment, where 5 years of experience , solid analytical and quantitative skills to work with a strong passion for the finance industry to enable financial decisions can be Done. "To face the opportunities, to raise them with full confidence and with full honesty to my abilities along with Company progress, and to increase the benefit of using my experience academically and professionally
Experienced Credit Manager knowledgeable about creditworthiness and document review. Highly effective at optimizing credit policies to balance profit and loss.
Overview
6
6
years of professional experience
10
10
years of post-secondary education
2
2
Languages
Work History
Branch Credit Manager
IDFC First Bank
Hosangabad Cluster , Madhya Pradesh
12.2019 - Current
- To pursue the case on the basis of work Experience, we have also done earlier worked, but we are working with new assignment of work to develop the best knowledge of our career.
- As I Retail underwriter i do working in Bankhedi Branch for more product :- MEL and MSME, EHL, CV & Tractor, HL and LAP product.
- I always do cross checked bank policy norms are similar to the infrastructure of all banking sectors, but this product mainly consists of customer banking and business stability as well as regular work for margins from their business. The focus is on profit of business.
- Analyzed applicants' financial status and credit & property evaluations to determine loan feasibility.
- Investigated and evaluated customers for creditworthiness and potential risk factors.
- Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
- As we have been doing before, meeting with the customer on each PD, interacting with the cross question and realizing the movement of the customer. Know the purpose of taking loan.
- As we have been doing before, handles are in all office management activities.
- Optimized credit approval and collection process, improving Collection efficiency by over 50%. & Led team of 10 staff.
Assistant Credit Manager
Magma Fincrop Limited.
Ujjain, Madhya Pradesh
05.2019 - 12.2019
- For Career growth, job changed under the Seventh month, along with received new assignment, & in this working I learned to some new types of credit responsibility: - such as
- Researching and evaluating clients’ creditworthiness
- Creating credit scoring models to predict risks
- Approving or rejecting loan requests, based on credibility and potential revenues and losses
- Calculate and set interest rates & Negotiate loan terms with clients
- Monitor payments & Maintain records of loan applications
- Follow up with clients to manage debt settlements and loan renewals
- Ensure all lending procedures comply with regulations & Develop, review and update our company’s credit policies.
Sr, Credit Officer
MAS Financial Services limited
Jabalpur, Madhya Pradesh
10.2018 - 05.2019
- Doing Handles all Office Management Credit Operations Activities in Regional Office-Jabalpur. For secured personal loan, working of capital loan, Secured micro enterprises loan, Commercial Vehicle, & two-wheeler loan product's.
- To working in every case, cross check loan taken all Applicant’s profile, Resi stability finance inquiry through third party & neighbor other references, living status applicant & check other profile like assets sales & purchase verification. Neighbor responses, market reputation, business activity, business condition & other etc.
- Checking files through risk check trigger base & my knowledge, along with my experience basis & look at closely check manipulate document & fraud, fake documents.
Credit Relationship Manager
HDB Financial Services Limited.
Sagar, Madhya Pradesh
11.2016 - 07.2018
- Handled Two branches Sagar and Bina for business Evolution. Special Commercial Vehicle products. like :- SCV ,LCV ,HCV, Tractor , & CE production.
- I managed Daily log in MIS, maintain from our team and DSA, external find agency and RIC samplings & valuation agency.
- With as time management for Credit approval memo, Drafting with cross checking psychical based according to policy and deviation retaining in every deal with point of view concern point & mitigates.
- As per deviation genuine deal send authority person for approval And proper reply send to as per query and marking mail.
- I managed to cops team local branch & HO office, bill and branch expanses & Time to time visit for PD NS & collection.
- The one year tenure time we have enhance to our skill and I learned how to work in team.
- My full support for CE business, which was started last 04 month ago from my leaving.
Credit Assistant
Cholamandalam Investment & Finance Company LTD. (Murugappa group).
Jabalpur, Madhya Pradesh
11.2015 - 10.2016
- Doing Administering the branch login case thought by Field Investigation Report with document verification, query resolution & TVR with pitching CAM (credit approval memo).
- Checking Every application file with CIBIL Report & internal Dedupe Report, cross check on KYC, Norms, Trigger & defund.
- TVR after analysis Credit data financial statement to determine the degree of risk involved in extending creditor lending money.
- Evaluate customer record & based on earnings, saving data payment history & purchase activity preparation.
- I credit analysis we can basically look at analysis & everything which indicates whether the person will pay back or not. After analysis as per policy’s & the proposal CAM escalated to superior senior authority's for final approval, after approved File escalate to operation team for disbursement.
- Helped to business growth coordinating with credit executives of 05 locations & guiding him in credit related issues, helped to sales & collation team for ED NS PDD. I have do Managed RCU FCU agency for all verification rapports & monthly bill as per MIS basis.
- As a team member I contributed to my best support to backend staff as well as field staff.
Education
10th Exam High School
MP Sanskrit Board Bhopal/ Govt. High School.
Gotegaon 07.2005 - 05.2006
12th Exam in Commerce Subject
MP Sanskrit Board/ Govt.Higher Secondary School
Goetegaon 07.2007 - 05.2008
B.Com
Sikkim Manipal University/ACCA Colleage
Jabalpur 11.2011 - 05.2015
Master of Business Administration - DE
Sikkim Manipal University,
Gangtok 07.2017 - Current
Skills
Authorizations understanding
Accomplishments
- Appreciated in Chola investment & Finance for yearly target completed with short timing.
Software
MS office
Finnone
Lead operating System (LOS)
Sales force
Oracle
Additional Information
PERSONAL DETAIL
Father Name : - Late. Mr. Shankar Lal Rai
Mother Name : - Mrs. Sarita Sagar Rai
Date of Birth : - 06th May 1988
Language known: - English & Hindi
Marital Status : - Married
Permanent Address: -Sumit Sagar Rai
Plot no: - 209 Gurunanak ward Gotegaon (Sridham), District-Narsinghpur M.P.-487118 –
Mobile no-+91 9993882165
Date: - Please: - Gotegaon (Sridham)
Timeline
Branch Credit Manager
IDFC First Bank
12.2019 - Current
Assistant Credit Manager
Magma Fincrop Limited.
05.2019 - 12.2019
Sr, Credit Officer
MAS Financial Services limited
10.2018 - 05.2019
Master of Business Administration - DE
Sikkim Manipal University,
07.2017 - Current
Credit Relationship Manager
HDB Financial Services Limited.
11.2016 - 07.2018
Credit Assistant
Cholamandalam Investment & Finance Company LTD. (Murugappa group).
11.2015 - 10.2016
B.Com
Sikkim Manipal University/ACCA Colleage
11.2011 - 05.2015
12th Exam in Commerce Subject
MP Sanskrit Board/ Govt.Higher Secondary School
07.2007 - 05.2008
10th Exam High School
MP Sanskrit Board Bhopal/ Govt. High School.
07.2005 - 05.2006
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