Sports and Avid Book Reader
Aakash Bafna
Senior Credit Analyst
Summary
Effective at analyzing customer loans in line with bank and legal guidelines through systematic assessments of property values and borrower histories. Dedicated to optimizing bank portfolios by balancing risk with profitability.9+years of Experience in Banking
Overview
10
10
years of professional experience
1
1
Certification
3
3
Languages
Work History
Senior Credit Analyst-Home Finance
Dubai Islamic Bank
5 2023 - Current
- Dealing with Credit Approval for Salaried and Self employed Customer
- Collaborated with other teams to identify and mitigate risks impacting organization.
- Reviewed and approved or denied credit applications to keep organization profitable by making informed lending decisions.
- Analyzed credit scores to determine borrowers' creditworthiness.
- Assessed credit risk and analyzed financial statements.
- Streamlined the credit approval process for faster turnaround time and improved efficiency.Complied with internal controls and government regulations.
- Evaluated customer credit data to determine level of risk involved in money lending.
Retail Credit Analyst
South Indian Bank
05.2018 - 04.2023
- Assessed credit risk and analyzed financial statements for SME customer .
- Conducted financial review of customer lines of credit by assessing company financials and initiating credit application reviews.
- Developed Credit Engine :SMILE for SME customers and review and new SME products for customers
- Made decisions and recommendations about extending lines]of credit.
- Analyzed customer data such as financial statements to determine level of risk involved for extending credit.
- Analyzed credit scores to determine borrowers' creditworthiness.
- Reviewed credit reports to comprehensively view borrowers' credit history and identify potential red flags.
- Created credit policies, processes and procedures to maintain compliance with banking regulations.
Credit Officer
South Indian Bank
08.2014 - 04.2018
- Performed semi-annual account credit limit reviews and credit increase review requests from financial service and sales teams.
- Recommended approval or disapproval of commercial, real estate or credit loans.
- Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
- Reduced past due balances and bad debt by coordinating collection efforts with customer service, sales and billing departments.
- Analyzed applicants' financial status and credit and property evaluations to determine loan feasibility.
- Organized and finalized loan applications for underwriter review.
- Wrote and implemented standard operating procedures for credit personnel to achieve consistency in unit operations.
- Updated client accounts with new information and verified data for informed credit approvals.
- Investigated and evaluated customers for creditworthiness and potential risk factors.
- Interviewed credit applicants by telephone or in person to obtain personal and financial data needed to complete credit report.
- Worked with clients to define and implement terms for approved credit requests.
Education
PGPM - FINANCE
ICFAI Business School(Mumbai)
Mumbai 07.2012 - 07.2014
Bachelor of Management Studies - Finance
Lala Lajpatrai College -Mumbai University
Mumbai 07.2009 - 05.2012
Skills
Skilled in BPM, LMS, IFLEX etc
Analyze of Credit Proposal
Skilled in MS office, Excel
Commercial and consumer clients
Data analysis
Commercial credit reports
Financial statements expertise
Certification
JAIIB
Interests
Traveler
Timeline
Retail Credit Analyst
South Indian Bank
05.2018 - 04.2023
JAIIB
01-2016
Credit Officer
South Indian Bank
08.2014 - 04.2018
PGPM - FINANCE
ICFAI Business School(Mumbai)
07.2012 - 07.2014
Bachelor of Management Studies - Finance
Lala Lajpatrai College -Mumbai University
07.2009 - 05.2012
Senior Credit Analyst-Home Finance
Dubai Islamic Bank
5 2023 - Current