Komal Narkar
Assistant Credit Manager (Risk)
Dubai,UAE
Summary
Senior finance professional with 10+ years experience in international, regional, and local financial institutions in UAE and India. Managed various types of clients, from large conglomerates to medium size companies from multiple nationalities with multimillion-dollar portfolios. Deep expertise in assessing financial positions and identifying opportunities and risks.
Overview
10
10
years of professional experience
9
9
years of post-secondary education
3
3
Languages
Work History
Trade Finance Manager
Westford Trade Services DMCC
Dubai, UAE
11.2021 - 03.2022
- During the short period of 4 months with Westford Trade DMCC, was responsible for efficiently handling existing bank limits which include seeking transactional funding approval and routing transactional documents under documentary credit through banking channels. Apart from handling banking relationships was also responsible for MIS reporting, monthly bank reconciliation, liaising with D&B to get the rating updated, and assisting COO in pitching new banks for new banking limits.
Assistant Relationship Manager (ARM)
FIM BANK - DIFC Branch
Dubai, UAE
05.2019 - 02.2021
- Manage multi-sector portfolio of large conglomerate clients mainly of manufacturing, commodity distributors and trading companies ( soft commodity, coal, fertilizer) predominately in Middle East and Asia.
- Performed timely credit reviews on corporations to assess financial conditions.
- Analyzed customer data such as financial statements to determine level of risk involved for extending credit.
- Made decisions and recommendations about extending lines of credit.
- Conducted presentations to upper management and executive teams for loan recommendations.
- Reviewed customer files on regular basis to make sure receivables were in sound condition.
- Delivered exceptional level of service to each customer by listening to concerns and answering questions.
- Undertake timely Customer Due Diligence (CDD) review by adhering to group internal controls and government regulations.
- Quarterly reviewing adherence to internal audit comments.
- Monitored and reported budgetary discrepancies to corporate senior management to maximize reporting efficiencies.
Associate Credit Relationship Manager
HSBC Bank Middle East
Dubai, UAE
04.2014 - 05.2018
- Responsible for managing portfolio of large and mid corporate banking clients.
- Liaising with existing clients and maintaining relationships, assessing and monitoring credit portfolio and ensuring excellent operation service delivery to clients.
- Undertaking and spreading of financial statements and prepare credit proposals for all accounts within portfolio under management.
- Undertake regular reviews and ensure timely submission of all applications to Credit Committee.
- On-site customer visits with RM to understand business and proposed funding requirement prior to renewal of facilities.
- Manage on-going risk through monitoring of covenants and conditions.
- Be first point of contact for clients operational and service related queries.
- Served customers and followed outlined steps of service.
Finance Executive Officer
SICOM Ltd.
Mumbai, India
10.2012 - 05.2013
- Perform overall responsibilities include detail analysis of funding proposals based on banks prudential regulations and other legal requirements.
- Monitored assigned portfolio quality in terms of margin position and approved terms.
- Prepared industry research reports as assigned by supervisor.
- Compiled, input and analyzed financial data to assess current situations and forecast trends.
Assistant Credit Officer
ALLBank Finance Ltd.
Mumbai, India
09.2011 - 10.2012
- Prepared Techno Economic Viability report focusing on financial viability of project for long term loan proposal of Allahabad Bank and Dena Bank.
- Executed 20 feasibility report reports aggregating Rs. 100 crores across aforementioned industries - Automobile, Entertainment, Manufacturing, Construction, Contracting and Hospitality.
- Conducted internal credit rating of companies seeking term loan from Allahabad Bank.
- Prepared professional business correspondence on behalf of Branch manager to obtain information and facilitate processing steps.
Financial Analyst
Sun Captial Advisory Services Pvt Ltd.
Mumbai, India
12.2009 - 12.2011
- Prepared credit/loan proposal notes for clients involving financial, credit, economic and risk analysis to present it to bank for putting up funding requests.
- Prepared CMA data, projections and project reports.
- Handled funding related queries raised by bank, financial institutions by effectively liaising between client and bank.
- Executed pre and post facility approval activities including preparation of project report, appraisal notes, term sheets inline with loan approved terms.
Education
MBA - Finance
Alkesh Dinesh Mody Institue - Mumbai University
Mumbai 05.2007 - 04.2009
Masters of Commerce (M Com) - Management
Mumbai University
Mumbai 06.2005 - 05.2007
Bachelor of Commerce - Commerce
M.L. Dhanukar College of Commerce
Mumbai 05.2000 - 04.2005
Skills
Analytical Skills
Accomplishments
"Deal of the Year - 2017", contributed as a Credit Monitoring Officer (CMO) in successful execution of highest working capital deal of 2017 across HSBC UAE.
Trainings
- Finance of International Trade Course at HSBC.
- Working Capital Optimization Course at HSBC.
- Moody's Certificate in Commercial Credit - (In process) since Jan2022
Timeline
Trade Finance Manager
Westford Trade Services DMCC
11.2021 - 03.2022
Assistant Relationship Manager (ARM)
FIM BANK - DIFC Branch
05.2019 - 02.2021
Associate Credit Relationship Manager
HSBC Bank Middle East
04.2014 - 05.2018
Finance Executive Officer
SICOM Ltd.
10.2012 - 05.2013
Assistant Credit Officer
ALLBank Finance Ltd.
09.2011 - 10.2012
Financial Analyst
Sun Captial Advisory Services Pvt Ltd.
12.2009 - 12.2011
MBA - Finance
Alkesh Dinesh Mody Institue - Mumbai University
05.2007 - 04.2009
Masters of Commerce (M Com) - Management
Mumbai University
06.2005 - 05.2007
Bachelor of Commerce - Commerce
M.L. Dhanukar College of Commerce
05.2000 - 04.2005
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