Wasim Rafiqi
Srinagar
Summary
Dynamic credit management professional with extensive experience at J&K Bank, specializing in credit policy development and risk mitigation. Proven expertise in financial analysis and client relationship management, resulting in the generation of 80 crores in business through innovative retail credit strategies. Committed to enhancing operational efficiency and customer satisfaction.
Overview
1
1
Certification
9
9
years of professional experience
Work History
Manager Retail Credit
J&K Bank
Srinagar
08.2024 - Current
- Formulated credit policies and retail products for the agriculture sector to enhance access to financing.
- Developed pledge financing scheme that generated 80 crores in business within months, facilitating growth for retail clients.
- Led team to enhance customer service and operational efficiency.
- Developed training programs for new employees and ongoing staff development.
- Implemented process improvements to optimize daily banking operations.
Incharge Credit
Jammu & Kashmir Bank
Sopore
09.2021 - 07.2024
- Approved loans, monitored portfolios, identified risks, and implemented mitigation strategies.
- Led credit management initiatives, reducing loan default rates through thorough analysis and risk mitigation.
- Managed credit-related activities, developed policies ensuring sound lending practices.
- Analyzed credit applications to assess customer creditworthiness and make informed lending decisions.
- Guided credit officers on best practices, fostering strong customer relationships.
- Prepared compliant reports for regulatory purposes and internal review.
- Collaborated with legal teams to resolve credit issues and improve procedures.
- Updated on market trends impacting the credit portfolio, serving as a key contact for inquiries.
Incharge Operations & Corporate Banking
Jammu & Kashmir Bank
Dalgate
01.2018 - 08.2021
- Achievements/Tasks
- - Operations: Oversaw daily branch operations, ensuring efficient and error-free transaction processing. Streamlined operational processes, resulting in a reduction in processing time and increased customer satisfaction. Resolved complex operational issues and liaised with other departments to improve overall operational efficiency.
- - Compliance: Ensure strict adherence to banking regulations, policies, and procedures, maintaining a culture of compliance within the operations team.
- - Risk Management: Monitor operational risks, identify potential issues, and implement risk mitigation strategies to protect the bank's interests.
- - Quality Control: Establish and enforce quality control processes to maintain accurate and error-free operations, minimizing financial discrepancies. Manage relationships with third-party vendors and service providers, ensuring services meet bank standards and negotiating favorable contracts.
- - Process Improvement: Implemented operational process improvements to streamline operations and optimize resource allocation.
- - Reporting: Generated and presented regular reports on operational performance to senior management, providing insights for strategic decision-making.
- Provided outstanding customer service by addressing inquiries and resolving issues efficiently.
- Dalgate, Srinagar
Education
Master of Business Administration -
University of Kashmir
Srinagar12-2015
Skills
- Credit risk management
- Credit evaluation
- Credit Policy Development
- Retail Credit Strategies
- Financial Analysis
- Regulatory Compliance
- Negotiation Techniques
- Client Relationship Building
Languages
- English- (80/100), - Urdu- (80/100), - Hindi- (40/100), - Arabic- (40/100)
Personal Information
Title: Financial Analyst
Certification
- Junior Associate of the Indian Institute of Bankers (JAIIB)
- Certified Associate of the Indian Institute of Bankers (CAIIB)
- Certificate In Investment Banking, NSE Academy Limited & New York Institute of Finance
- Certificate course in Digital Banking from IIBF Mumbai
Interests
- Geopolitics, - Voracious Book Reader, - Travel, - Community Involvement like charity work., - Music & documentaries
Organization
Jammu and Kashmir Bank Limited
Timeline
Manager Retail Credit
J&K Bank
08.2024 - Current
Incharge Credit
Jammu & Kashmir Bank
09.2021 - 07.2024
Incharge Operations & Corporate Banking
Jammu & Kashmir Bank
01.2018 - 08.2021
Master of Business Administration -
University of Kashmir