Omkar B.

Experience

• 

  The Greater Bombay Co Operative Bank Ltd

  Jul 2014 - Mar 2016

  Assistant Manager, Credit

  • Prepared credit appraisals for Commercial, Business and Retail Loans.• Administered due diligence of the borrower company/directors/partners/proprietor through various sites i.e. CIBIL, CRIF High Mark, CRILC, RBI defaulters list, Probe 42 data, ECGC portal etc.• Monitored Existing Loan Portfolio regularly to take prompt and appropriate actions in Special Mentioned Accounts (SMA).• Conducted review/renewal of Existing Business Loans sanctioned.• Conducted Inspection of borrower units Pre-Sanction and annually during review. Show less

• 

  TJSB Sahakari Bank Ltd

  Mar 2016 - Mar 2018

  Assistant Manager, Credit

  • Administered credit appraisal for all types of retail, commercial & real estate products.• Processing of credit proposals for fresh / renewal / enhancement of existing credit facilities and conduct annual and interim reviews and present it to credit committee.• Analyzed Financial statements, its estimations and the performance of the company vis- a- vis projections and peer for performing eligibility assessment.• Conducted due diligence of the borrower company/directors/partners/proprietor. • Monitored client abilities and account information to determine appropriate credit approval decisions.• Conducted personal discussion with prospective borrower and carried out onsite inspection pre and post sanction.• Oversaw loan documentation and post sanction compliances to ensure smooth disbursement and audit process.• Co-ordinate with statutory & con - current auditors for timely closure of audit reporting.• Monitored accounts operations in regular interval to identify EWS and red flags in banking operations.• Supported business growth through prudent assessment of potential client's creditworthiness and financial stability for other business products. Show less

• 

  Kotak Mahindra Bank

  Apr 2018 - Jul 2018

  Credit Manager

  • Performed credit assessment and pre-sanction scrutiny of Housing Loans, Loan against Property (LAP) and Overdraft (OD) loans products.• Interviewed credit applicants to obtain personal and financial data for analyzing need and purpose of finance.• Supervised timely credit underwriting and processing to manage the overall TaT.• Performed eligibility assessment of the requested credit facilities. • Performed due diligence of the borrower company/directors/partners/proprietor.• Monitored the sanctioned accounts for a particular period to detect any early warning signals (EWS)/Red flags.• Defined the pre-disbursement credit conditions to mitigate risk exposure by conducting thorough credit analyses for new and existing clients.• Actively participated in cross-functional projects aimed at enhancing overall business efficiency and performance. Show less

• 

  Bank of Baroda

  Jul 2018 - now

  Senior Manager

  Conducts credit underwriting and appraisal of Corporates and Mid Corporate Borrowers with continuous focus on customer retention/satisfaction and business growthConducts Due diligence and cost-benefit/risk analysis of prospective and existing borrowersPerforms duties of a Relationship Manager for high value loan accounts to provide prompt service and delightful experienceOversees portfolio of borrower’s including standard, restructured/stressed, non-performing assets and ensures corrective actions to protect underlying assets/securityParticipates in a consortium meetings, joint lenders meeting (JLM) and Committee of Creditors meetings (CoC) of borrowersMonitor borrower credit performance by observing and supervising its banking operations, Early Warning Signals (EWS) and quarterly inspection of business unitsEnsure appointment of valuer, forensic auditor, security trustee, lenders independent engineer (LIE),traffic study agency, agency for specialized monitoring (ASM) and advocate/counsels to protect interest of lender and its underlying assets/securityScout for potential buyer for assignment of stressed assets portfolio and do preliminary negotiation with the potential investor/ARCs for smooth sale of stressed/non-performing assetFacilitates internal, concurrent, statutory and credit audit and ensure compliance for clean audit reportFacilitates in optimizing collections process by strategizing prompt appropriate actions including initiation of recovery suit in courts, SARFAESI action, insolvency action etcPitch the borrower for related third-party product for organizations associate/sister concern entity and for generation of fee base incomeOversee all recovery/collection actions in stressed accounts and formulate amicable solution for early resolution in non-performing borrower accountsPresently overseeing a Corporate/Mid Corporate/SME loan portfolio of Rs.11,700 Crores+ Show less