Summary
Overview
Work History
Education
Skills
Additional Information
Languages
Timeline
Generic

Vaithiyanathan Swaminathan

Chennai

Summary

  • 10+ years of experience in Credit Underwriting, Risk rating for Secured Loans like Commercial vehicle, Construction Equipment, Healthcare & Machinery Equipments, Tractor & Harvesters Vehicles. Dynamic finance professional with a strong background in all aspects of retail commerical loans. Acquired sound exposure in the area of finance and accounts as well as preparation of various financial documents. Successful at managing multiple assignments while meeting tight deadlines. Finely honed leadership, relationship-building, negotiation, communication, interpersonal, analytical, and problem-solving skills. Skilled in collaborating and communicating effectively with professionals at all levels of an organization.

Overview

10
10
years of professional experience

Work History

Area Credit Manager

CSB BANK LTD
04.2023 - Current
  • Approving and Apprising of CV, CE, HCF, ML loan proposal based on Policy and deviations
  • Having Approving Authority up to Ra.1 corer in Construction Equipment, Health Care Equipment and Rs.75 Lakhs in Commercial vehicle
  • Analysis of Financial Statement like Profit and Loss Accounts & Balance sheet.
  • Monitored all credit requests and approved or disapproved them after analyzing them
  • Analyzing frauds, Risks & taking due actions & steps while reporting same to management
  • Maintaining Turn around time (TAT) as per organization guidelines
  • Proved successful working within tight deadlines and fast-paced atmosphere.
  • Review and update Company's Credit Policy when necessary
  • Created credit scoring model to assess risks.
  • Quickly learned new skills and applied them to daily tasks, improving efficiency and productivity.
  • Carried out day-day-day duties accurately and efficiently.
  • Worked flexible hours; night, weekend, and holiday shifts.
  • Performed duties in accordance with applicable standards, policies and regulatory guidelines to promote safe working environment.
  • Served customers and followed outlined steps of service.
  • Offered friendly and efficient service to customers, handled challenging situations with ease.
  • Resolved problems, improved operations and provided exceptional service.
  • Visiting & Analyzing the delinquent contracts and submitting the suggestion for resolve the account & providing implementation of additional norms/caveats depends on market condition.

Area Credit Manager

KOTAK MAHINDRA BANK LTD
01.2021 - 03.2023
  • Approving and Appraising Tractor, Harvester, CV, CE loan proposal based on Policy and deviations
  • Preparing Recommending TA Proposal of Tractor dealers enter TN, Analyzing Dealer sales data, KMBL Penetration, net worth and financials statements.
  • Investigated and evaluated customers for creditworthiness and potential risk factors
  • Devised collection recovery strategies to resolve customer issues and delinquent cases.
  • Reviewed and analyzed loan procedures.
  • Optimized credit approval and collection processes, improving operational efficiencies by over 5%.
  • Work cross-functionally with sales, management and other departments to maintain effective operations.
  • Monitored accounts for signs of fraud and non-payment issues.
  • Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
  • Reduced past due balances and bad debt by coordinating collection efforts with customer service, sales and billing departments.

Credit Relationship Manager

HDB Financial Services
07.2018 - 01.2021
  • Appraising & Approving the CV, Car loan proposals based on deviations.
  • Effectively assessed credit risk (current and potential) and client viability, analyzing financial statements and cash flow of customers.
  • Researching the history of clients in order to understand their previous credit situations.
  • Maintained full knowledge of current regulatory environment and made proactive adjustments to meet changing requirements.
  • Collaborated with management to evaluate credit strategies and develop improvements.
  • Communication with the banks and other credit firms to analyze each client's credit issues.
  • Deciding whether to allow credit to a company or not and choosing the limit of credit for each client.
  • Creating terms and conditions for each client.
  • Handling collections for Infant contracts (1-6 MOB - all bucket) and Early Delinquent contracts (7-12 MOB which are greater than 30+) in order to achieve the defined target.
  • Visiting & Analyzing the delinquent contracts and submitting the suggestion for resolve the account & providing implementation of additional norms/caveats depends on market condition.

Customer Relationship Executive

Tata Capital Financials Services Limited
07.2017 - 06.2018
  • Worked as Customer Relationship Executive (CRE) in Construction Equipment Loans under Commercial Finance, Corporate Finance Department in Tata Capital Financial Services Limited for Chennai & Vellore Locations, sitting at Chennai branch.
  • Handling various retail &existing strategic customer in Chennai Vellore and Villupuram.
  • Followed up with customers about resolved issues to maintain high standards of customer service.

Credit Processing Associate

Tata Capital Financial Services Limited
09.2014 - 06.2017
  • Evaluation of CEQ loans that includes Strategic CAM preparation by following the policy of the company and putting proposals to ACM by maintaining TAT.
  • Financial Analysis, Banking Analysis & Loan SOA Validations and Works-in-Hand Analysis of the customer to find out the credit worthiness.
  • Generation of CIBIL, Dedupe reports (TATA Internal Check) and necessary checks of the provided documents in the file as per the KYC Policy.
  • FI Agency follows up for maintaining quality as well as TAT of the report.
  • Preparation of Credit MIS on daily, monthly basis and follow up the sales accordingly.

Credit Executive

ICICI Bank
12.2013 - 06.2014
  • Back end cross verification of the KYC scan document of the customer.
  • Checking the customer performance through CPCS and i-view.
  • Analyzing the document for processing.
  • Customer credit worthiness check through CPCS (ICICI Internal check).
  • Coordinate with Manager for CIBIL Reports, CAM (Credit Appraisal Memorandum) and APS (Application Process System) in Agriculture Loan.

Education

MBA - Banking And Finance

Annamalai University
Chidambaram, India
05.2015

Bachelor of Arts - Commerce

SKSS Arts College
Kumbakonam, India
04.2013

Skills

  • Financial Analysis
  • Risk Assessment
  • Ability to Work under Pressure
  • Excellent Analytical Skills
  • Solid interpersonal Skills
  • Building & maintaining Strong Relationships with Customers
  • Understanding of loans and lending procedures
  • Credit policy development
  • Credit Approval and Denial
  • Problem-Solving

Additional Information

  • Won Gold & Raising Star award in the months of July, August & September 2023 and Best Credit Associate award for the month of Dec 2015 for exceptional Performance of the respective months for Clean Underwriting and no errors with catching maximum frauds.

Languages

Tamil
Bilingual or Proficient (C2)
English
Advanced (C1)
Telugu
Upper intermediate (B2)
Hindi
Elementary (A2)

Timeline

Area Credit Manager

CSB BANK LTD
04.2023 - Current

Area Credit Manager

KOTAK MAHINDRA BANK LTD
01.2021 - 03.2023

Credit Relationship Manager

HDB Financial Services
07.2018 - 01.2021

Customer Relationship Executive

Tata Capital Financials Services Limited
07.2017 - 06.2018

Credit Processing Associate

Tata Capital Financial Services Limited
09.2014 - 06.2017

Credit Executive

ICICI Bank
12.2013 - 06.2014

MBA - Banking And Finance

Annamalai University

Bachelor of Arts - Commerce

SKSS Arts College

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Vaithiyanathan Swaminathan