Harpreet Singh

Experience

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  Sanima Reliance Life Insurance Limited

  Oct 2010 - Aug 2011

  Advisor

  • Working as a certified insurance advisor.• Includes research on policies available in the market, arranging insurance cover, negotiating best deals, dealing with renewals, helping revision in branch policies & offers.• Collecting premiums, processing accounts.• General administration duties, Finding new clients and forecasting their future needs.• Includes constant awareness about company and IRDA regulations.• Originating business, advice best suitable policies to the clients according to their portfolio and tax planning & negotiating to ensure maximum business profitability. Show less

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  Ing Vysya Bank is now Kotak Mahindra Bank

  May 2012 - Jun 2012

  Intern

  • Worked on project titled Studying financial needs of small and medium industry.• Study includes doing market research & finding out the precise banking needs for SMEs and HNI clients in the area.• Includes analysis of the data received and coming up with possible recommendations for the branch.

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  Electronica Finance Limited

  Feb 2013 - Jun 2013

  Relationship Manager

  • Working as a relationship manager (Sales & Credit) in the field of SME’s machinery & working capital financing.• Analyze Company's financial performance which includes, past financial and business performance & benchmark these against peers performance, Project future performance of the company, Undertake credit risk analysis encompassing industry / business research and financial analysis of various SMEs.• To structure the loan product according to customer need and portfolio keeping company’s minimum expected IRR and NPV in consideration. Evaluated loan structures and ensured credit standards according to company goals and policies.• Initial due diligence & credit analysis of the customer to ensure minimum credibility required.• Responsible for credit appraisal of loan and conducting loan reviews / audits.• Originating business by following up with leads, offering them products as per their requirement & negotiating to ensure maximum profitability. Show less

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  XL Dynamics India Pvt. Ltd.

  Aug 2013 - Apr 2018

  Associate Analyst

  • Engaged in different phases of the life-cycle of US mortgage transactions starting from initial analysis to closing and purchasing of loans as an investor.• Responsible for reviewing borrower’s documents including but not limited to credit report, tax returns, underwriter’s report to verify borrower’s credit capability & raising the concerns, if any. Actively following up & assisting onshore team to mitigate the concerns by confirming requirements.• Evaluating loan structures and ensured credit standards according to company goals and policies.• Responsible for mentoring and training the closing team, managing daily production assignment & ensuring TAT working as an acting team lead.• Responsible for reviewing financial statements of borrower including but not limited to Closing Disclosure, Loan Estimate. Configuring financial data and documents in the ERP system and assisting RMs/counterparts in US in case of any discrepancy or breach of state/central compliances and legal checks.• Evaluating the cost to be incurred by borrower and computing IRR/APR and assisting in case exceeding the threshold.• Advising and helping in implementing any modification in the process to reduce the overall turnaround time.• Working on projects pertaining to reviewing revised guidelines & analyzing its impact on production. Working on mitigating the challenges & implementing the revisions in production. Show less

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  Altisource

  May 2018 - Mar 2019

  Analyst

  • Responsible for reviewing borrower’s documents including but not limited to credit report, tax returns, underwriter’s report to verify borrower’s credit capability & raising the concerns, if any. Actively following up & assisting onshore team to mitigate the concerns by confirming requirements.• Conducting qualitative & quantitative analysis to determine the credit worthiness of proposed borrowers.• Evaluating loan structures and ensured credit standards according to company goals and policies.• Assisting in setting up the closing process as a part of first closing team in organization. Working on identifying issues, finding solutions, creating checklists & SOPs & mitigating the challenges to smoothen the process.• Responsible for reviewing financial statements of borrower including but not limited to Closing Disclosure, Loan Estimate. Configuring financial data and documents in the ERP system and assisting RMs/counterparts in US in case of any discrepancy or breach of state/central compliances and legal checks.• Training & mentoring different teams for various sub-parts of US mortgage loan cycle.• Advising and helping in implementing any modification in the process to reduce the overall turnaround time.• Actively participate in calibration calls with clients to ensure that their needs are being met and that we are informing them of areas of opportunity.• Modifying process as per client requirement or revision in guidelines & implementing the process change in live production by training the teams & revising the required database. Show less

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  IndusInd Bank

  Apr 2019 - Sept 2021

  Credit Analyst - Manager - Business Banking

  • As a part of Business Banking group of bank, conducting credit appraisal and due diligence for the corporate clients primarily in SME sector.• Meeting / Communicating with clients regularly to understand the business model, prospected modifications in business, if any in order to derive the financial requirement of the customer and anticipate projections accordingly.• Assessment of credit worthiness and evaluation of financial / non-financial risks. • Preparation of the proposal note / credit memo ensuring that the structure of the products meets customer’s needs and bank's requirement both.• Presentation of business proposal / credit memo for approval to sanctioning authorities.• Assisting sanctioning authority by addressing the observations raised and getting the proposal sanctioned eventually.• Monitoring the conduct of the accounts post on-boarding / disbursal and assisting RMs for required modifications / various approvals.• Renewal / Enhancement of the existing accounts.• Lending products includes but not limited to Cash Credit, Overdraft, Term loan, LC, Bank Guarantee, BYC, Suppliers Credit, Export Finance, Bill Discounting and Derivatives etc.• Communicate / follow up with clients to ensure that the clients are meeting periodic compliance and deferrals. Show less

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  HDFC Bank

  Sept 2021 - now

  Rating Analyst - Corporates