Muzafar Ahmad

Experience

• 

  Scotiabank

  Jul 2006 - now

  • Ensure credit applications are adjudicated promptly, within the Bank’s established policies and procedures.• Exercise prudent credit judgment in approving and declining credit applications within established limits; presenting complete recommendations on credit requests above established limits; and, ensuring credit applications are properly, accurately and thoroughly analyzed and documented.• Oversee an assigned portfolio of accounts including monitoring unsatisfactory trends in risk ratings, credit conditions, overdue reporting, annual reviews etc., and initiate corrective action when required.• Restructure credit requests, when necessary, to make bankable deals in line with the Banks policies and guidelines. • Negotiate with Client Relationship Managers and Team Leads to ensure credit terms and conditions are appropriate and that client needs are met. Show less • Responsible for ensuring the efficient and effective maintenance of designated portfolio of loans at an acceptable level of risk by exercising sound credit judgement in approving and recommending applications, monitoring credit quality, conditions, and collection activity, thereby ensuring loan losses are minimized.• Adjudicate on credits for Growth & Core Segment for Commercial Banking within the framework of the Commercial Credit Administration Handbook, Bank Policy and Credit Policy.• Contribute to the development of the Bank’s commercial human resources by identifying training / coaching needs.• Restructure credit requests as necessary to make bankable deals in line with Bank policy and guidelines.• Negotiates with client relationship managers and team leads to ensure credit terms and conditions are appropriate to ensure sound risk selection and that client needs are met. Show less •Provide a high degree of service and support on daily basis to Client Relationship Group and Credit Solutions Group.•Manage and adjudicate a portfolio of commercial borrowers with a borrowing of less than one million dollar for Northern Alberta. •Manage and monitor accounts database for all the commercial borrowers administered in the unit.•Generate different kinds of reports for various analyses.•Conduct a variety of credit skills to identify risk including review particular of fixed security, analyze borrowing base and financial statements for clarity, accuracy & reasonability •Manage risk through account monitoring to identify and act upon any material deterioration of account or portfolio risk. •Provide support to other adjudicators in routine inquiries, temporary overrun requests and in authorization of annual reviews of the borrowers. Show less •Responsible for managing a team of six analysts.•Demonstrate daily visible leadership and directing the execution of operating plans.•Provide coaching, training, performance assessment and development to the team.•Provide a high degree of service and support combined with innovative approaches on daily basis to high profile clients as well as Relationship Group, Credit Solutions Group and Global Risk Management while maintaining an overall low risk.•Utilize sound judgement in the interpretation of data and instructions.•Ensure the bank's risk profile is mitigated through sound and timely credit analysis by daily monitoring of client's accounts. Show less •Respond promptly and effectively to requests, concerns and complaints from clients, Relationship Group, Credit Solutions Group and Global Risk Management.•Continually monitor accounts / products to ensure the criteria laid down by the Bank’s adjudicating, auditing and compliance organizations are met.•Ensure authorization for all conditions precedent is in place on new credits prior to sending instructions to Lending Services department for funding.•Follow up with customers for the required reporting and accurate spreading of financial statements on Moody’s Financial Analyst. •Prepare annual reviews for growth and core segments that have higher internal grading in the risk rating system with no additional borrowing.•Review and action on various reports on daily basis including online loan delinquency report, Scotia Leasing report, Scotia Direct report, Overdrafts reports, MMS exception report etc.•Adhere to the Bank’s Anti-Money Laundering program and Guidelines for Business Conduct, by reporting any unusual occurrences or fraudulent activities according to the established procedures.•Maintain an accurate and complete B/F system with AS400 through Tracker / Cases / Queues. Show less •Prepare, execute, register, record, maintain and store security documents.•Ensure all collateral are in place before funding.•Review complex credit authorizations, loan agreements and the commitment letters to determine the requirement of security documents for credits ranging between $250k to over $100 million.•Assess the quality and accuracy of client and Bank generated documents related to all aspects of the Business Banking Portfolio including Commercial Banking lending products and services, Term loans, Operating Loans, Commercial Real Estate Loans, Trade Finance, Foreign Exchange facilities, Letter of Credit / Guarantee, Bankers’ Acceptances etc. •Generate Particulars of Fixed Security through Document Management Tracking System for security documents review of banking partners.•Contact with law firms for credit related third party opinions and execution of legal documents.•Follow up with customers for all defective documents and get those defect removed. Show less

  • Senior Manager, Commercial Credit Risk

    Feb 2022 - now

  • Manager, Commercial Credit Risk

    Jan 2018 - now

  • Credit Support Officer

    Sept 2014 - Dec 2017

  • Senior Client Portfolio Analyst

    Jan 2013 - Aug 2014

  • Client Portfolio Analyst

    Jan 2012 - Dec 2012

  • Lending Services Officer

    Dec 2009 - Dec 2011

  • Various Positions

    Jul 2006 - Nov 2009