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Chirag Parmar

Chirag Parmar

Article Assistant

Followers of Chirag Parmar3000 followers
location of Chirag ParmarMumbai, Maharashtra, India

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  • Timeline

  • About me

    Chartered Accountant II Credit II Risk ll Underwriting ll Policy ll Portfolio Monitoring ll Early Warning Signal (EWS) II Wholesale Banking ll Commerical Retail Banking

  • Education

    • Kishinchand Chellaram College of Arts Commerce and Science

      2009 - 2012
      Bachelor of Commerce (B.Com.) Business/Commerce, General

    • The Institute of Chartered Accountants of India

      2010 - 2015
      CHARTERED ACCOUNTANT COMMERCE

      Activities and Societies: Studied Financial reporting, Strategic Management, Company and allied Law, Auditing and assurance, Advanced Management accounting, Information and System Audit, Direct and Indirect Tax in details and also had particpated in Information Training and General management Skill course conducted by ICAI

    • Corporate Finance Institute® (CFI)

      2020 -
      Fundamentals of Credit Credit 91%

  • Experience

    • CHHAJED & DOSHI

      Apr 2012 - Apr 2015
      Article Assistant

      Have worked in the field of Statutory Audit, Investigation Audit, Internal Audit,Direct and Indirect Tax Valuation and Other Management and Allied services

    • Avanse Financial Services Ltd.

      Sept 2015 - Oct 2017
      Credit Manager - Commercial Finance

      Qualified Chartered accountant handling Secured Term loan funding ranging from 1 crore to 15 crore for Commercial Finance Department covering Educational Institutions and Lending to FI at Avanse Financial Services Limited.

    • InCred Financial Services

      Oct 2017 - Apr 2022

      Products : Lending to Financial Institutions and Secured Business Loan.- Responsible for formulating/reviewing Credit Policy, Portfolio monitoring activities, reviewing / revising deviation/approval matrix. - Launching new products / Limited Period offering. Studying new geographies / new customer segments / Industry cluster based programs. - Hind sighting and Risk Monitoring activity / Annual review of high value loans.- Part of team evaluating opportunities for inorganic growth via Direct Assignment (DA) / Pool Purchase Transaction from other financial institutions.Additionally handling Credit for Lending to Financial Institutions Show less

      • Assistant Vice President - Policy and Monitoring (SME and Financial Institutions Lending)

        May 2021 - Apr 2022

      • Chief Manager - Policy and Monitoring

        Dec 2020 - May 2021

      • Area Credit Manager - Secured SME - Maharashtra

        Oct 2017 - Dec 2020

    • RBL Bank

      Apr 2022 - Jan 2023
      Assistant Vice President - Portfolio Monitoring & Early Warning Signal - Wholesale Lending

      -Review of accounts and Categorizing them based on risk -Engage with stakeholders for Flagging of Risk -Proactively Suggest Action to Accounts.-Analyzing accounts for RFA/Fraud classification-Automating Early Warning Signal (EWS) and Red Flag Account (RFA) workflow.-Preparation/improvement in various Portfolio Monitoring System and Score Card.-Submission of Asset Quality Report for cases-Submission of various Data and Presentations to forums viz Board/ Risk Management Committee / Senior Management. -Contribute in Reviewing and Strengthening of Existing Policies-To Implement Learning from monitoring activities -Attendee To Different Committee viz Fraud Monitoring Group, Internal Credit Rating Committee of bank on timely basis- Handling RBI Audit. Show less

    • HDFC Bank

      Jan 2023 - now
      Assistant Vice President - Credit Risk - Integrated Risk Management - Commercial Retail Products

      Credit Risk for Inventory Finance/Dealer Finance, Commercial Transportation Group (CTG) - Infrastructure Finance (CE), Commercial Vehicle (CV) and Healthcare facilities

  • Licenses & Certifications

    • Chartered Accountant

      Institute of Chartered Accountants of India