Waqar Ahmed

Experience

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  Meezan Bank Limited

  Apr 2008 - Jul 2011

  Relationship Manager credits

   Directly responsible for managing financing portfolio exceeding Rs.300 million and delivering revenue targets.  Appraised projects of varying nature with respect to their financial, operational and economic viability for considerations of financing.  Marketed and solicited financing opportunities by keeping in-view bank the policy and the assigned targets.  Actively involved in customer calls at their offices as well as site visits for having a close liaison with the client(s) and for update information regarding the client’s business, financial performance and utilization of approved facilities. Facility packaging according to business need of the customer. Processed credit facility appraisals by doing detailed financial Analysis. Risk Analysis, Security Analysis. Managed and monitored day-to-day transactions in the accounts by active correspondence with the client(s).Pre and Post Disbursement monitoring. Maintained liaison with all the internal stake holders i.e. credit risk control, legal & compliance & operations for smooth and efficient management of the allocated portfolio. Performed credit risk analysis of the financing proposals. Further, also ensured their acceptability with respect to policies & risk appetite of the bank and SBP PRs. Being appointed in the area office, also work as a risk manager for cases which falls under the DOA of Area Manager Assisting AM in resolving matters related to Finance and Trade for Branches under purview. Coordinate with all Area Branches for SME/Commercial & Corporate cases and also liaison on with Regional and Head office for quires and approval of cases. Ensuring Perfect documentation and completion of formalities at each branch level and making follow-up for rectification.  Facilitating the Area Manager in monitoring /NPL overdue Financing/Classified/Litigation cases Show less

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  MCB Bank Limited

  Jun 2011 - Dec 2015

   Managed Corporate & Commercial NPLs of over Rs.1.000 Billion. Negotiated out of court settlements with the borrowers and prepared settlement, rescheduling/restructuring proposals for approval of the competent authority. Responsible to handle the customer of Corporate/Commercial/Islamic banking who commits the default and classified as substandard/doubtful or Loss. To prepare and analyze account objectives / action plans / strategy for settlement, retention and exit of relationship/account. To ensure that remedial actions are taken when required to keep performance of the unit in line with the business objectives. To initiate and look after legal proceedings against the defaulted borrowers, pursuing them for settlement plan and repayments. Planning, designing, launching, & monitoring of debt collection campaigns, programs, packages.  To identify, analyze and assess the credit and other risks associated with the portfolio and recommend appropriate measures / actions. To take appropriate actions to minimize risks, prevent losses, maximize recoveries and restore profits through rehabilitation, restructuring, work-out and direct recovery and / or legal actions. To ensure adequate and timely loan loss provisions are made based on actual and expected losses. Show less  Reviewed settlement, rescheduling & restructuring proposals of classified advances pertaining to Commercial, Corporate, Islamic Banking and Consumer Portfolio before elevating for approval.  Prepared and negotiated rescheduling & restructuring arrangements with the defaulted borrowers of Commercial, Corporate, Islamic Banking & Consumer Portfolio of classified Loans & Advances.  Performed financial, operational, market and risk analysis of Commercial, Corporate, Islamic Banking and Consumer Portfolio of classified Loans & Advances, parked at Asset Rehabilitation Group (ARG).  Initiated and supervised all remedial initiatives i.e. filing of recovery suits, asset tracing activities, referring the cases to NAB/FIA, auctions of collaterals etc.  Prepared case studies for lessons leant on the basis of experience of default in classified advances and providing policy guidelines to all ARG Units, on pan Pakistan basis. Prepared, processed and updated necessary policy documents, such operations manual of ARG, asset tracing policy and other related documents.  Performed annual reviews of the assigned classified portfolio of Corporate, Commercial, Islamic Banking and Consumer Portfolio of classified Loans & Advances. Show less

  • Relationship Manager

    Apr 2015 - Dec 2015

  • Credit Risk Analyst

    Jun 2011 - Mar 2015
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  Faysal Bank

  Dec 2015 - now

  Credit Manager

   Develop portfolio of high quality assets to achieve growth targets, review credit facilities extended to clients and examine securities and charge documents to ensure bank is not exposed to any unwarranted risk. Structuring the credit limits & Facility packaging according to business need of the customer. Monitor credit portfolio for any exceptions to ensure compliance with bank credit policy, statutory requirements & take necessary corrective action. Identify and minimize risk involved for the bank by conducting comprehensive company and industry analysis, meetings with client senior management and conducting visits to the place of business. Prepare and submit credit facility applications to management providing complete information and clearly outlining the risk involved for the bank and to ensure efficient processing of customer's request. Regular meetings with existing borrowing customers to strengthen relationships and to seek ancillary business. Visit to prospective customers to promote the bank's products and services, discuss business opportunities and establish mutually beneficial business relationships. Provide prompt and effective service to customers, ensuring convenience and timeliness. Project the bank's image to enhance its marketing standing and reputation. Develop & guides team to achieve desired productivity & competency. Any other assignment / responsibility entrusted by Management. Assisting Senior Management in tailoring loan products keeping in view the demands of the clients and their business with other banks/financial institutions.Actively involved in development/monitoring of new business iniatvies such as specific product programs, supply chain finaince programs for SME/commercial. Show less