Ankit Jain
Looking for career enrichment opportunities in Senior Finance, Accounts, Credit and Risk Management
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About
A Rank holder CA with 15 years of cross-functional experience in Business Banking & SME - Credit & Risk Management. Currently working with AU Small Finance Bank Limited as Zonal Credit Manager-Central and East Zone for Business Banking and SME businesses with stand alone approving powers up to Rs. 1000 lakhs. Adroit at handling SME credit and risk assessment for ticket sizes ranging from Rs. 25 lakhs to Rs. 100 crores.
A keen planner, strategist and implementer with deftness in implementing risk policies & managing enterprise wide risks, devising and implementing strategies aimed at ensuring effectiveness of operations, realization of sales & business targets, with key focus on TAT.
Experience
Zonal Credit Manager / Senior Vice President – Business Banking – Commercial Banking - AU Small Finance Bank Ltd - Madhya Pradesh, Chhattisgarh, Maharashtra, West Bengal, Orissa, Bihar
(2017-11)
- Developed SME and Agri Business division in Madhya Pradesh and Chhattisgarh from scratch
- Actively participated in development of products, polices, processes including identification of business locations, business potentials, team formation, credit policies and risk management
- Handling credit aspects of Business Banking and SME products comprising of fund based and non fund based exposure in form of Working capital loans – CC, OD, WCTL, WCDL, BG, LC and Capital expenditure loans
- Presently handling clean and PSL complaint portfolio of Rs. 6000 cr +
- Managing team of 60 credit persons comprising of regional credit managers, cluster credit managers and credit managers located in 20 clusters of MP, CG, Maharashtra, Orissa, West Bengal, and Bihar
- Streamlined process of Loan approvals
- Actively participated products and processes improvements time to time
- Stand alone sanctioning powers up to Rs. 1000 lakhs
Location Credit Manager – Agri & SME – Commercial Banking - Kotak Mahindra Bank Ltd - Madhya Pradesh
(2011-08 - 2017-11)
- Ensured effective development of SME portfolio for Madhya Pradesh for Working Capital and Project Funding – CC, OD, WCDL, TL, BG, LC, Buyers credit, EPC, PCFC & Pledge Commodity Financing with focus on Priority sector portfolio
- Handled clean assets and PSL complaint portfolio of Rs 900 crores including Working capital and Project Funding Limits
- Actively participated in the development of processes, policies and procedures designed to reduce risk, comply with bank policy and increase the efficiency of the team
- Drafted loan proposals, evaluated proposals, getting them sanctioned, disbursed the loan including post disbursement follow-up and monitoring of the accounts
- Sanctioned proposals up to Rs. 250.00 lakhs
- Ensured customer service of the asset customers and follow up for recovery of the loans if required
- Actively contributed in development of Loan Origination System (LOS)
- Generated quality business in major centers of Madhya Pradesh
- Best TAT award at divisional level
- Got promoted from Senior manager to Chief manager within 2 years
Associate - Assurance services - Lovelock and Lewes (Price Water House Coopers, Mumbai) - Mumbai
(2011-04 - 2011-08)
- Worked as a member of audit team in one of the big 4 audit firms
- Handled statutory audits and assurance services of MNC clients
- Independently handled tax audit assignments of MNC clients
- Finalization / issuance of audit report
Education
CA - Chartered Accountancy - ICAI (2010-11)
B.Com - Commerce - DAVV, Indore (2007-03)
