Amit Mahajan

Experience

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  ICICI Bank

  Jul 2003 - Nov 2005

  Amit Mahajan

   Worked with ICICI Bank Ltd. – RLG Vanarasi-Allahabad (Main Branch) as Officer-Operations. Having experience of clearing and cms transactions banking and ability to work under pressure, cross-selling products such as Mutual Funds and Insurance. Concept of Five S, Six Sigma, and Cross Selling known, was also awarded for Best & Quick Customer Service.

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  Axis Bank

  Dec 2005 - Apr 2008

  DEPUTY MANAGER

   Worked with AXIS Bank at Allahabad Branch at profile of Retail Assets wherein functioned as Branch Credit Manager and manager operations for Allahabad branch, completed the year-end targets for the branch with a massive growth rate.Have a successful track record of operations and administration skills. Have been evaluating the Credit profiles majorly for individual and SME Client for their credit need of Housing and Personal requirements. Took responsibility of Audit and reporting. Successful track record of Credit Management and data base reporting. Show less

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  IndusInd Bank

  May 2013 - Nov 2015

   Worked with IndusInd Bank ltd Lucknow, as Regional Manager Financial Restructuring and Reconstructions, U.P. & U.T., handling the Resolution of the Corporate and Retail Bad Debts, which includes both the financial as well as legal restructuring and am also looking after all the legal matters pertaining to North for the recovery of Corporate Loans . My daily assignment includes drafting and reviewing of loan documents, security documents. Vetting of all Legal Documents. On the litigation side pertaining to the recovery of bad debts I formulate the strategies to be adopted and accordingly I am responsible of briefing the empanelled lawyers and Senior Advocates of the Bank to represent our case before various courts and tribunals which includes DRT; DRAT; BIFR; and High Court. Expertise in the processes under SARFAESI Act for liquidating the mortgaged assets of the delinquent accounts had successfully handled hundreds of very high stake matters for the Bank applying my solution oriented approach and helped evolve innovative remedies while ensuring recoveries for the Bank. Being a brilliant strategist with skills and experience capable of delivering outstanding results, I had also been highly successful in getting several commercial disputes settled by persuing unexplored paths and ideas Show less Reatil Banking , Credit Administration, NPA Management with Sales and Sourcing Skills A qualified Chartered Accountant & presently pursuing L.L.B (Final Sem), offering more than 10 years of Banking exposure in Branch Banking, Credit analysis and Stress Asset Management, whereby skills of decision Making, Negotiations , Liaison , Cross Sell, and Sourcing & credit underwriting have been developed and groomed. A perfect combo of Liabilities and Assets of Banking Structure, with a through track record of handling tense situations and Domain expertise in Retail Banking, Risk Administration, Branch Administration, Commercial and Retail Credit Operations. Administration & improving profitability and operational efficiency. Thorough understanding of Bank Policies and guidelines with updated information on RBI guidelines and Six sigma. Acumen of portfolio management and Portfolio’s health with regular Review analysis and cross sell; Decisive on the credit worthiness of the applicants with a perfect blend of knowledge and checks as gained from stress Management. Perfect knowledge about properties and in depth analysis of types of properties in Uttar Pradesh, with established and acknowledged contacts with leading Legislators and official personalities to liaison the work for the organization. Proper exposure of banking procedures & policies plus compliance procedures including AML (Anti- money laundering), KYC (Know Your Customer). Expertise in team collaboration resulting in team building, conflict resolution, setting goals, driving results and implementing change.Managing Direct Sales through ASM,Agents DSA Channel and DST Channel portfolio management, Team Handling,Motivating and Training the Branches, Responsiblity for credit evaluation, Sanctioning and disbursement. Underwriting Mortgage or Business Loans or Loan against Property, for the MSME or SME with NIL Discrepant cases. Show less

  • Financial Restructuring and Reconstruction IndusInd Bank U.P. & U.T.

    May 2008 - Nov 2015

  • Area Credit Manager Mortgages

    May 2013 - Jul 2015
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  Arcil-arms

  Feb 2016 - Nov 2017

  Senior Manager

  • Effectively settling matters through Negotiations and Legal with inclined interest towards getting the block funds released. Maintained achievement of 125% in context to targets.• Best Practice and well Negotiated deals in acquisition of Stress Assets, legally verified and Assessed for better revenue generation

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  NBFC-MFI

  Apr 2019 - Mar 2021

  Chief Risk Officer