YERRA DURGA PRASAD
Rajahmundry
Summary
Seeking a challenging Branch Credit Manager position where I can utilize my analytical skills and experience in LAP and HL lending to optimize portfolio performance and ensure regulatory compliance
Overview
6
6
years of professional experience
Work History
Branch Credit Manager
Fedbank Financial Services
Eluru
03.2024 - Current
- Conduct a detailed financial analysis to determine the applicant's creditworthiness.
- Make informed loan approval or rejection decisions based on established policies.
- Ensure all loan processing adheres to internal and regulatory compliance standards.
- Oversee meticulous verification of loan documents for accuracy and completeness.
- Monitor loan portfolio performance, identifying, and addressing potential delinquencies.
- Supervise and train credit staff to ensure efficient and compliant loan processing.
- Address customer inquiries, and resolve loan-related issues with clear communication.
- Manage relationships with vendors, ensuring quality service delivery for loan processes.
- Negotiated favorable loan terms, balancing risk with customer requirements.
- Effectively negotiate loan terms, aligning NBFC risk appetite with customer needs.
- Implement and refine credit risk assessment models for improved accuracy.
- Proactively identify and address potential portfolio risks through early intervention strategies.
Branch Credit Manager
HDB financial services
Rajahmundry
06.2022 - 03.2024
- Evaluate the creditworthiness of individuals or businesses applying for loans
- Analyze financial statements, credit reports, and other relevant data to make informed decisions
- Review and process loan applications submitted to the branch
- Ensure all required documentation is complete and accurate
- Ensure compliance with the organization's credit policies and lending guidelines
- Implement and enforce credit risk management policies
- Determine appropriate credit limits based on risk assessment and borrower's financial capacity
- Monitor the credit portfolio of the branch to identify potential risks and trends
- Implement strategies to minimize delinquencies and defaults
- Work with borrowers facing financial difficulties to find feasible solutions
- Collaborate with sales, operations, and other departments to streamline credit processes
- Provide expertise and guidance on credit-related matters
- Communicate credit decisions to customers and explain reasons for approvals or rejections
- Provide guidance to customers on improving creditworthiness if necessary
Branch Credit Manager
FULLERTON INDIA CREDIT COMPANY LTD.
Rajahmundry
10.2021 - 06.2022
- Approve or reject loan requests, based on credibility and potential revenues and losses
- Research and evaluate clients' creditworthiness
- Create credit scoring models to predict risks
- Negotiate loan terms with clients
- Solid understanding of lending procedures
- Review and update our company's credit policies
- Personal discussion and credit risk analysis basis on gathered information
- Examining Loan proposals
- Collecting background information and assessments of risk
- Writing quotes and negotiating the terms with clients
- Underwriter basis on finances and assesses how much risk a lender will take on
- Evaluate the credit risk associated with each loan application
Transaction Officer(Credit Operations)
FULLERTON INDIA CREDIT COMPANY LTD.
Nidadavole
08.2019 - 09.2021
- Documents verification, CIBIL generating and generating logins of the customers
- Loan disbursement at the branch level for Two wheeler, personal loans etc
- Quality checking of the files(QC)
- Responsible for branch operations and lead role in cash management and operations
- Processing of teller transactions
- Attend to customer queries and interaction with customer
- Ensure all transactions as per organisation and RBI norms, getting satisfactory audit ratings
- Booking loans in pre disbursement and post disbursement on BRMFO Online system
- Booking loans in FinnOne online system
- Processing branch utility and related bills
- Reporting to operations manager
- Customer service and handling of cash counter and addressing queries of customer related to loan
Education
Btech -
Rajamahendri institute of engineering and technology
01.2019
Intermediate -
Aditya jr college
01.2015
SSC -
Prasad public school
01.2013
Skills
- SFDC
- Brmfo
- Finnone
- IC4
- Enach
- Open Office and LibreOffice
- Windows operating system
- LOS and LMS
Languages
- English
- Telugu
- Hindi
- Tamil
Disclaimer
I hereby declare that the information furnished above is true to the best of my knowledge.
Personal Information
- Date of Birth: 02/04/97
- Nationality: Indian
- Marital Status: Married
Timeline
Branch Credit Manager
Fedbank Financial Services
03.2024 - Current
Branch Credit Manager
HDB financial services
06.2022 - 03.2024
Branch Credit Manager
FULLERTON INDIA CREDIT COMPANY LTD.
10.2021 - 06.2022
Transaction Officer(Credit Operations)
FULLERTON INDIA CREDIT COMPANY LTD.
08.2019 - 09.2021
Btech -
Rajamahendri institute of engineering and technology
Intermediate -
Aditya jr college
SSC -
Prasad public school
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