Vishakha Kumbharkar
Summary
Organized and self-motivated Ex-Chief manager, (Credit & Risk) successful at improving department policies, standardizing processes and increasing customer satisfaction by providing fast, knowledgeable and friendly financial services.Over 8 years of experience in managing entire credit function with a team of 7-10 people and working with C Suite Executives in bank & NBFC’s.
Overview
9
9
years of professional experience
Work History
Chief Manager, Credit & Risk
Loantap Credit Produts Private Limited
07.2019 - 03.2023
- Underwritten personal loan applications and disbursed loans worth 3 million Euros with 2.5 % delinquency in last financial year
- Maintain credit policy standards, perform general supervision of workflow and participate in team effort to achieve department/company OKR
- To evaluate overall creditworthiness of borrower through bureau, employer, salary, residential status and end use by doing tele verification calls to determine risk and repayment capacity of borrower
- Collaborated cross-functionally with sales, tech, product for TAT improvement and process enhancement
- Review cases of junior underwriters. train, mentor and guide them for improvement in credit underwriting
- Responsible for managing team of 8 people and ensuring targeted KPIs are achieved also boosted team member productivity by enhancing performance monitoring and instituting motivational approaches
- Bolstered end-to-end co-lending process working with external stakeholders for partner integration
- Acted as POC with AI team on improving credit risk models for various product categories
Credit Underwriter
Hdfc Bank Limited
02.2016 - 07.2019
- Analyzing customer profile based on parameters set to find out credit worthiness of customers and quantify amount of risk company should take on
- Independently conducting full and comprehensive evaluations of variety of complex, high risk credit card applications
Senior Quality Analyst
Eclerx Services Private Ltd
08.2014 - 02.2016
- Reviewed classification of client and confirm the classification is correct in the light of nature of business conducted by the client
- Obtained research information about changes in corporate structure or shareholding as appropriate via company annual report and third party data vendors such as Capital IQ, Hoovers, Orbis, and Bloomberg etc.
- Performed KYC as Per Regional Regulations. OFAC verification.(US / CAD), Lexis-Nexis/ Bloomberg/ BusinessWeek check as part of media search, where detailed study of Personnel / Entity found in negative news section is made and then entity is referred to compliance.
- Proficient with using Anti Money Laundering tools like world-check, CMCIF, Lexis-Nexis
Education
Master of Business Administration ( MBA) - Finance
Savitribai Phule Pune University
Pune, India06.2014
Bachelor of Engineering - Electronics And Telecommunications
University of Mumbai
Mumbai,India06.2011
Skills
- Attention to details
- Innovative thinking
- Quick learner
- Problem solving ability
- Strong work ethics
- Credit risk management
- Team Leadership
- Planning & Organizing
Languages
Marathi
First Language
English
Proficient
C2
Hindi
Proficient
C2
Timeline
Chief Manager, Credit & Risk
Loantap Credit Produts Private Limited
07.2019 - 03.2023
Credit Underwriter
Hdfc Bank Limited
02.2016 - 07.2019
Senior Quality Analyst
Eclerx Services Private Ltd
08.2014 - 02.2016
Master of Business Administration ( MBA) - Finance
Savitribai Phule Pune University
Bachelor of Engineering - Electronics And Telecommunications
University of Mumbai
Accomplishments
- Received star of the month award 5 times for displaying exemplary performances and portraying values.
- Won “Silver Star” Award twice for maximum sanctions within TAT in HDFC BANK LTD
- Promoted from the role of Research Analyst to Auditor due to good performance within 6 months in Eclerx Services Pvt Ltd
Certification
Prince2 Agile Foundation & Practitioner, PeopleCert, expected to be completed by 30th September 2023
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