Deepak Nagar
Summary
An accomplished senior banker with a progressive track record of success in a multicultural setting across establishing the corporate lending including real estate and transaction banking, managing, and developing SME sized business relationship/portfolio and implementing business-centered strategies to contribute to organizational growth and profitability.
Overview
15
15
years of professional experience
Work History
VP- Unit Manager
Mashreq Bank
11.2024 - Current
- Currently managing a portfolio of 5, billion dirhams with the team size of 22 team member including TM/RM/ARM,s.
- Generating a revenue of 350 million dirhams annually including NI
- Demonstrated proficient leadership skills to motivate employees and build competent teams.
- Collaborated with senior management to develop strategic initiatives and long term goals.
AVP-Team Manager, Liability
Mashreq Bank
01.2022 - Current
- Responsible for achieving overall business volumes (including FER, NII and Liability) for the assigned liability portfolio by managing, mentoring, and training teams.
- Key Focus on Financial numbers and KYC's ensuring high customer satisfaction.
- Ensuring a clear direction for team as stipulated by higher management.
- Managing clean robust and always ensuring hygiene of the portfolio.
- Led employee relations through effective communication, coaching, training, and development.
- Boosted employee satisfaction through regular performance reviews, constructive feedback, and personal development plans.
AVP- Team Manager, Lending
Mashreq Bank
04.2018 - Current
- Managed a team of RM's and ARM's for commercial lending, real estate lending and loan against property
- Enhanced team productivity by implementing efficient task delegation and time management strategies.
Relationship Manager and Senior Relationship Manager (Business Banking)
Mashreq Bank
08.2014 - 03.2018
- Handling the Emerging corporate clients with large volume and complex as well as structured deals.
- Building, maintaining, and nurturing a large business relationship/portfolio of corporate clients with the accountability of setting up trade and working capital facilities.
- Preparing numerous reports by analyzing financial statements, preparing evaluations, company performance monitoring, calculating financial ratios, performing credit analysis, and screening the business/customer.
- Conducting credit and financial analysis to prepare credit proposals by using credit judgment and due diligence as per the bank approved parameters and policies while mitigating risks and forward it to the credit department with suitable recommendations.
- Facilitating exit strategies on the Bank's real estate investments.
- Carrying out analysis, development, and implementation of strategic business plans & policies, ensuring organizational growth, targeting maximum profitability & cost effectiveness.
- Increased the interest/commission/FX/Fee-based business volumes and consistently met the budgeted revenue within acceptable risk parameters by executing business centered strategies in line with Bank's profitability plans.
- Identifying business opportunities through referrals to Wealth/Consumer Banking while establishing professional communication to ensure turnaround time within designated parameters and higher client satisfaction levels.
Relationship Manager
Edgeworth Consulting LTD DIFC
09.2012 - 07.2014
- Managing and helping the clients to go secure, working capital limit and loans from the banks in UAE
- Built and maintained relationships with new and existing clients while providing high level of expertise.
Relationship Officer
RAK Bank
01.2011 - 08.2012
- Responsible for opening and managing accounts under business banking, also ensuring to maximize revenue
- Responsible For helping RMS to source and close TWC cases
- Cross selling of loans, mortgage and wealth investments
Education
MBA - Finance And Project Management
IMT Dubai
12-2010
B.Tech - Engineering
IPEC
07-2008
Skills
- Team Management- Asset and Liability in Business Banking
- Responsible of meeting financial and non-financial targets for team
- Transaction & Commercial Banking, Portfolio Management and Lease Rental Discounting
- Trade & Working Capital and liability business
- Sales & Business Development and Strategy Development
- Business Process Improvement
- Team leadership
- Coaching and mentoring
- Client relationship building
- Revenue Growth
- Team Building
- Financial Risk Management
Accomplishments
- Received numerous awards for excellent performance including best TWC RM for Year 2015, 2016 and 2017 and best Team Manager for 2019 and 2023.
- Selected to be the part of (MAWAHEB PROGRAM) Talent pool Member of Mashreq Bank for the 2019 batch for a period of 18 months. The Mawaheb is a program to develop tomorrow's leader today and less than 1% are chosen for the program globally.
PERSONAL DETAILS
English
Hindi
PERSONAL TRAITS
Agility, Communication, Presentation, Out of Box Thinking, Team leader, Meticulous Task Planning, Monitoring, Presentation Skills, Negotiations.
Timeline
VP- Unit Manager
Mashreq Bank
11.2024 - Current
AVP-Team Manager, Liability
Mashreq Bank
01.2022 - Current
AVP- Team Manager, Lending
Mashreq Bank
04.2018 - Current
Relationship Manager and Senior Relationship Manager (Business Banking)
Mashreq Bank
08.2014 - 03.2018
Relationship Manager
Edgeworth Consulting LTD DIFC
09.2012 - 07.2014
Relationship Officer
RAK Bank
01.2011 - 08.2012
MBA - Finance And Project Management
IMT Dubai
B.Tech - Engineering
IPEC