Kunal Shroff

Experience

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  Prashant Shroff & Associates

  Apr 2012 - Jun 2012

  Intern in Project Finance

  1. Preparation of Project Report and Techno-Economic Feasibility Reports, Preparation of CMA data, Computation of maximum permissible bank finance for term loan and working capital proposals2. Preparation and filing of various forms related to DIN, name approval, incorporation of the company with concerned ROC. Drafting and preparation of Partnership Deed.

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  XL Dynamics India Pvt. Ltd.

  Feb 2013 - Apr 2014

  Associate Analyst

  1. Handled a standalone process of Customer Advisory to provide solutions to the borrowers on their queries, which they posted on their loan portal.2. A single-handed operation of quality control of the wire transactions payment from borrower and escalate to the concerned department if payments default.

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  XL Dynamics India Pvt. Ltd.

  Aug 2014 - Dec 2020

  Analyst

  1. Key Responsibilities – Pre Risk Analysis Department:-Responsible for examining titles (deeds, deeds of trust, liens, judgments, easements), searching for real estate records, and compiling a list of mortgages and other contracts.-Ensure that the title to a property in question has no restrictions that may prevent or hinder its sale or use that would compromise lien position.-Reviewing and evaluating loan documentation, submitted and cleared conditions as required by underwriting.-Preparing the pre-close loan package as per investors' requirements and submitting the loan package to respective investors' portal for processing and to get approval so that the loan gets closed in a timely manner.-Responsible for analyzing the investor’s guidelines and to do a detailed analysis to identify the eligible investor to whom the loan can be sold once it gets closed.-Working as per FHA, VA guidelines and TRID (Tila Respa Integrated Disclosure) certified as per the latest norms and compliance regulations updates in the US mortgage industry.2. Key Responsibilities – Loan Boarding QC Department-Quality check of the loans boarded by the team members and provide valuable feedback to them on the area in which they need improvement.-Quality Check (QC) of loan document to ensure that the loan is in compliance with Federal, State, and Investor guidelines.-Training and performance assessment of trainees in parallel feedback stage.-Elevates identified data discrepancies to the appropriate department or party for review.-Monitors pipeline to ensure precision as well as timely completion of all work.-Analyzing financial and supporting documents on incoming applications consistent with internal and insurer policies.-Preparation of the weekly quiz for the department to strengthen the domain knowledge. Show less

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  Potomac Technologies

  Dec 2020 - Dec 2022

  • Senior Correspondent Loan Auditor

    Jan 2022 - Dec 2022

  • Correpondent Loan Auditor

    Dec 2020 - Dec 2022
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  European Valuations

  May 2023 - now

  Financial Analyst

  My responsibilities encompass the comprehensive analysis of stock data to provide valuable insights and contribute to the creation of insightful reports that aid investors and banks in their decision-making processes.Key Responsibilities and Achievements:Stock Data Analysis: Proficiently analyze extensive stock data, including product details, categories, product codes, quantities, and values, to generate accurate and informative reports.Financial Statement Evaluation: Utilize financial statements, including balance sheets, profit and loss statements, and trial balances, to discern sales trends and gross margin analysis over a 1-2 year period.Customer and Supplier Data: Investigate client's customer data, supplier relationships, and received volumes to gain insights into sales dynamics and the supply chain.Expense and Staffing Analysis: Conduct meticulous assessments of client organization expenses and staff structures, with a focus on determining the required resources in the event of bankruptcy.Retention of Title Examination: Scrutinize retention of title agreements with suppliers, ensuring clear understanding and documentation of available stock in the event of an auction.Cost and Gross Profit Testing: Implement cost and gross profit tests by cross-referencing data from purchase and sales invoices, ensuring the accuracy of financial analysis.Reconciliation Expertise: Execute rigorous stock, sales, and gross margin reconciliations to maintain data integrity and provide reliable information to clients and stakeholders.My role as a Financial Analyst is pivotal in helping banks assess the creditworthiness of clients and supporting investors in making informed decisions. Through meticulous data analysis and financial scrutiny, I contribute to the success and risk mitigation strategies of our clients, making a meaningful impact in the world of stock valuation and financial analysis. Show less