Vinay Vashishtha
Adelaide,South Australia
Summary
Credit management professional in Banking /Financial Institution Seasoned Credit Professional with 18 years of comprehensive experience in Credit and Portfolio Management of lending/ mortgage processing. Expertise in monitoring Credit reviews, assessing credit application with in dept analysis of financial information of portfolios and have handled sanction authority of loan portfolio up to 350,000 AUD. Branch head with resourceful in handling portfolios delinquency, recoveries, field Investigation activities and audits. Spearheading branch and managing a team of professionals entailing Chartered Engineers and Chartered Accountants. Possess excellent communication, interpersonal, analytical, organizational and leadership skills.
Experienced with strategic planning, operational oversight, and team leadership. Utilizes strong decision-making skills to streamline processes and enhance productivity. Track record of fostering collaborative work environments and achieving organizational goals.
Knowledgeable Credit Professional with proven track record in strategic planning and operational management. Successfully led cross-functional teams and implemented initiatives that enhanced efficiency and productivity. Demonstrated proficiency in leadership and decision-making to drive business success.
Overview
18
18
years of professional experience
Work History
Deputy General Manager (Regional Credit Head)
Indiabulls Housing Finance Ltd
06.2010 - Current
- Loan Appraisals & Loan Process Ownership
- Expansion and development of Housing finance, construction finance and Loan against property business For Mumbai region
- Credit evaluation of borrowers covering analysis on business model, historical financial statements, valuation, industry & market study, financial statements, cash flow and fund flow analysis and reference checks
- Structuring credit proposals aligned with Organization's risk standards and understanding of client’s strategic & financial objectives/requirements
- Impart training to channel partners about the products and processes
- Specialized in Products- Home Loans, Loans against Property, Balance Transfer, construction finance for Mumbai region
- Managing respective vendors for maintaining quality and TAT for all verifications and validation
- Monitoring and doing consistent sample checks on verifications and vendor processes
- Interacting with promoters/directors and undertaking office unit/plant visits
- Implementation of risk management tools, Initiate processes Improvement and Impart training
- Adherence to credit decision parameters as per Credit Policy on loan proposals
- Initiate new product and policy amendments based on local market experience
- Initiate and Implement process improvements for better customer experience thereby maintaining the organizations risk appetite
- Structured training to be imparted for both internal teams as well as business associates on a regular basis
- Risk Management: Co-ordination of payment bounces and delayed payment to keep first level delinquency in control
- Analyzing the local market and keep updating the central team on fraudulent customers, negative areas and profiles
- Enhanced team productivity by providing ongoing coaching and mentoring to staff members.
- Collaborated with department heads to establish goals and work plans.
Assistant Manager- Financial Analyst, Credit & Risk Underwriting
ICICI Bank
06.2006 - 11.2009
- Credit Appraisal for both fund based and non-fund based requirements which includes assessment of credit limit requirement of the borrower on the basis of business & financial analysis
- Conducting due diligence, unit visits, understanding the business model, management capabilities and market strength of the business
- Analysis of financial statements involving calculation & interpretation of key financial ratios
- Analysis of financial projections of the business on the basis of the past financial track record of the business and taking into merit the future growth/ expansion plans of the business
- Analysis of the sector/industry in which the business operates so as to analyze the key factors pertaining to that industry
- The analysis of the credit risk associated with the company and the industry in which it operates as well as the risks associated with facilities granted
- Presenting the cases in the forum & explaining the risk & mitigations taken to counter the risks along with providing rationale for taking up the deals
- Credit Underwriting for Home Loans: Credit Appraisal for Purchase, Construction, Resale & LAP cases which includes assessment of home loan limit, tenor & repayment capacity of the borrower on the basis cash flows
- To ensure high portfolio quality for the Product in the location, while maintaining excellent service levels (TAT) to the customer (both internal and external customers), with very low defects/reworks, and increasing efficiency of operations
- Very low defects on data entry as part of underwriting
- Adherence to the policy/process laid out by the Central team on all application being processed
- Audit compliance on all aspects stipulated by Head office, and regulatory compliance in the location
- To interact closely with other functions such as Sales/ Operations/ RCU/ FI/ Policy/ Product etc in ensuring a smooth day to day functioning at the location
- Managing the team of CPAs for smooth workflow
Education
Post Graduate Diploma - Finance Specialisation
Apeejay School of Management
New Delhi, India01.2006
B.Com (Hons.) - Commerce
Delhi College of Arts And Commerce
New Delhi, India01.2004
AISSE -
Ramjas Public School
01.2001
Skills
- Credit Analysis
- Loan processing
- Commercial Lending
- Risk management
- Credit risk evaluation
- Financial Analysis
- Credit audit review
- Financial Audit
- Branch management
- Team management
- Cross-functional team coordination
- Operations management
- Team building
- Strategic planning
Availablestartdate
02/01/25
Personal Information
- Date of Birth: 11/06/83
- Gender: Male
- Marital Status: Married
- Visa Status: SC 491 Visa
Linguisticabilities
- English
- Hindi
Timeline
Deputy General Manager (Regional Credit Head)
Indiabulls Housing Finance Ltd
06.2010 - Current
Assistant Manager- Financial Analyst, Credit & Risk Underwriting
ICICI Bank
06.2006 - 11.2009
AISSE -
Ramjas Public School
Post Graduate Diploma - Finance Specialisation
Apeejay School of Management
B.Com (Hons.) - Commerce
Delhi College of Arts And Commerce
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