VARUN NAYAK
Branch Manager
Bengaluru
Summary
Knowledgeable in financial and credit analysis, credit modeling and market status monitoring. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
2025
2025
years of professional experience
3
3
Certifications
3
3
Languages
Work History
Branch Manager
The Karur Vysya Bank Ltd
4 2023 - Current
- Conducted thorough financial statement analysis for accurate assessment of borrowers'' repayment capacity and financial health.
- Met deadlines by proactively managing individual and team tasks and streamlining processes.
- Developed customized solutions catering to clients'' unique credit requirements while adhering to regulatory standards.
- Enhanced portfolio performance through regular monitoring of credit exposure, industry trends, and market conditions.
- Submitted loan applications to underwriter for verification and recommendation.
- Compiled database of loan applicants' credit histories, financial statements and other financial information.
- Enhanced customer satisfaction by providing personalized loan solutions tailored to individual needs.
- Originated, reviewed, processed, closed, and administered customer loan proposals.
- Achieved a high level of accuracy in analyzing credit applications, resulting in well-informed lending decisions and reduced financial risk.
- Reduced turnaround time for loan approvals by streamlining workflows between various departments involved in the credit application process.
Assistant Manager-Credit
KARUR VYSYA BANK LTD
01.2019 - 03.2023
- Analyzed customer data such as financial statements to determine level of risk involved for extending credit.
- Conducted financial review of customer lines of credit by assessing company financials and initiating credit application reviews.
- Gathered loan documentation for underwriting.
- Improved understanding of financial statements, which helped in assessing risk.
- Controlled credit exposure by providing financial order management support to minimize risk and obtain timely payment.
- Monitored appropriateness of credit limits on customers, making changes to realign operations with policies and targets.
- Checked accuracy and completeness of documents to identify deficiencies and recommend corrective actions.
- Improved overall portfolio quality, conducting regular reviews of existing accounts and recommending appropriate actions.
- Achieved operational efficiency via continuous improvement initiatives focused on streamlining processes within the Credit Analysis department.
Assistant Manager- Credit
KARUR VYSYA BANK LTD
05.2016 - 12.2018
- Analyzed applicants' financial status and credit and property evaluations to determine loan feasibility.
- Organized and finalized loan applications for underwriter review.
- Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
- Checked appraisals, title information and insurance documents for each property.
- Verified application and account details to accurately asses credit and financial risks of potential clients.
- Investigated and resolved customer disputes related to credit decisions.
- Analyzed creditworthiness of loan applicants and determined credit risk of loan requests.
- Negotiated payment plans and loan terms with delinquent customers.
Assistant Manager - Operations
KARUR VYSYA BANK LTD
06.2013 - 04.2016
- Supervised operations team to support operational excellence and excellent customer service.
- Generated operational reports for management on monthly schedule.
- Educated operations team on best practices, company policies and service excellence standards.
- Evaluated current operational strategies and recommend improvements.
- Introduced new methods, practices and systems to reduce turnaround time.
Education
Bachelor of Engineering - Mechanical Engineering
Global Academy of Technology
Bangalore 06.2008 - 07.2012
HIGHER SECONDARY EXAM - SCIENCE STREAM
S P COLLEGE
PUNE 04.2001 -
10TH STANDARD -
ST THOMAS ENGLISH MEDIUM HIGH SCHOOL
MUDABIDRE 04.2001 -
Skills
- Financial statement review
- Credit reports
- Appraisal review
- Application verification
- Loan recommendations
- Credit decisions
- Underwriting
- Credit analysis
Certification
JAIIB
Timeline
Assistant Manager-Credit
KARUR VYSYA BANK LTD
01.2019 - 03.2023
Assistant Manager- Credit
KARUR VYSYA BANK LTD
05.2016 - 12.2018
Assistant Manager - Operations
KARUR VYSYA BANK LTD
06.2013 - 04.2016
Bachelor of Engineering - Mechanical Engineering
Global Academy of Technology
06.2008 - 07.2012
HIGHER SECONDARY EXAM - SCIENCE STREAM
S P COLLEGE
04.2001 -
10TH STANDARD -
ST THOMAS ENGLISH MEDIUM HIGH SCHOOL
04.2001 -
Branch Manager
The Karur Vysya Bank Ltd
4 2023 - Current
Similar Profiles
MANASI MAHARANAMANASI MAHARANA
Branch Sales and Service Executive at Karur Vysya Bank LtdBranch Sales and Service Executive at Karur Vysya Bank Ltd
Arun Ganesh RArun Ganesh R
Commercial Credit Officer at The Karur Vysya BankCommercial Credit Officer at The Karur Vysya Bank
Vamsi SatyavarapuVamsi Satyavarapu
Branch Manager at Karur Vysya BankBranch Manager at Karur Vysya Bank