Parag Patil

Experience

• 

  Bank of Maharashtra

  Apr 2011 - May 2011

  Summer Intern
• 

  ICICI Bank

  Jul 2012 - Jun 2022

   Oversee the underwriting of loans in Hub region. Credit decision of Personal loan on Credit card, Credit limit increase, Balance Transfer based on bank policies, process and merits of the case for the limits beyond manager- underwriting. Ensure appropriate mechanism and parameters are in place while decisioning the case and monitor credit decisioning by team. Forward request for approval after reviewing the loan application beyond limit to senior authority. Data analysis and feedback to policy team with regard to eligible customer base data so as to improve the eligible customer base quality from Policy and Business intelligence to improve the credit portfolio. Data analysis and feedback to business team regards to approval, rejection so as to improve the sourcing quality from business to increase the disbursement value. UAT and sign off for policy amendment in underwriting web application BRE to improve the process and error free decision. Product and process enhancement in underwriting web application development with business requirement & UAT, Sign off to improve the credit journey, manual intervention and reduction in turnaround time of loan application. Identify fraudulent practices and mitigate risk through changes in policy and process. Resource planning and management at hub for smooth running of operations. Ensure strict adherence to laid down credit policy and operations guidelines. Timely addressing the audit observations & first point of contact for process audit. Hiring of credit processing agents and provide process, policy training. Show less  Temporary additional Credit exposure decision on credit card. Credit card account maintenance activity. Knowledge in relation to Authorization of Credit and Debit cards transactions. Responsible for smooth operations of card payment network across channels. Experience of transaction flow and back-office operations of Credit / Debit / Prepaid cards. User acceptance testing while new product and process set up from authorization point of view. Analyze and create strategy to reduce the number of declines and increasing spends in cards portfolio. Near real time resolution on card transactions decline. Business Continuity Planning. Training the Customer Interacting Departments on Authorization Concept. Handling Authorization Unit in Mumbai. Show less

  • Regional Credit Manager

    Apr 2018 - Jun 2022

  • Area Credit Manager

    Apr 2017 - Mar 2018

  • Cards Authorization Manager

    Jul 2012 - Mar 2017
• 

  DBS Bank

  Jun 2022 - Sept 2023

  Specialist, Business Analyst

   To understand, analyze and document complex Risk acceptance Criteria and system implementation. To decompose large piece of RAC norms into small user stories for BRE implementation. To prepare and ensure the requirement document provides all information required to develop digital BRE, Support system and operational enhancement. Define test strategies, test plan, test cases creation and its execution from Credit Risk perspective by coordinating with tech support. Provide support during the SIT and UAT execution from Risk perspective. End to end execution of testing RAC norms and its BRE implementation.  Credit Card portfolio monitoring from delinquency perspective and recommend policy norms. Ensure the day-to-day Credit BRE quality checks to mitigate the audit controls and ensure policy norms in BRE working correctly. Data analysis in terms of rejections and approval so that appropriate control and measures implemented to maintain the healthy credit portfolio. Show less

• 

  Axis Bank

  Sept 2023 - now

  Senior Credit Manager- High Value Ticket

   Credit decision of Personal loan, Personal Loan along with Balance transfer based on bank policies, process and merits of the case for the limits beyond manager underwriting. Responsible to maintain minimal TAT from login to Sanction for Pune location cases. Ensure to improve and maintain quality in logins so as to reduce the rework in Audit and FCU bucket. To bring focus and resolve the DSA’s ground zero issues so as to improve the quality sourcing and approval rates for the DSA sources business falls under Pune region. To track with sales team for the sanctioned undisbursed cases with ageing buckets so as to convert it in disbursement. To track and ensure the timely completion of FI verification from respective agencies. Ensure strict adherence to laid down credit policy and operations guidelines. Show less