Pradeep

Work History

VP & Head of Credit, Commercial Real Estate

First Abu Dhabi Bank

Dubai

02.2023 - Current

To approve or recommend the credit applications concluded by a team of Credit Managers and credit officers for a portfolio Real Estates across the UAE.
To guide team of Credit Managers and Credit officers on structuring of Credit facilities to ensure that all deals are structured in a sound and robust manner. Advises team on the risk factors associated with complex transactions, and the clauses imperative in mitigating these.
To build an infrastructure of relationship management and customer service culture and process between credit, business, collections and CAD.
Guide and Oversees the due diligence process for prospective deals in collaboration with Coverage and Product teams to ensure that emerging risk factors are identified and addressed in the Credit Proposal.
To deal with Internal & External auditor’s reports and take appropriate steps to close all the observations / issues raised in these reports. Meet Internal and External auditors, as and when required, to discuss portfolio related queries.
Recommend amendments to the Bank’s credit policy, procedures, Risk Rating models, credit memorandums, risk criteria etc based on lending experience and market expediencies ensuring it is aligned with overall Bank’s risk strategy & policy.
To coordinate with the Learning & Development Department to ensure that suitable training opportunities are provided to the team members, from time to time, to enhance their skills and abilities.
To coordinate with IT to ensure that new technologies are launched from time to time to improve the productivity and efficiency of the Credit function of the bank.
Ensure the team that the turnaround time to process credit application is as per agreed SLAs with Real Estate credit.
Participate in (large, complex) client relationships through client visits / conference calls as part of transaction initiation and monitoring
Oversee the portfolio on regular basis to ensure that it remains healthy and all the terms & conditions approved are being complied with.
Monitor early warning indicators in order to identify potential problem accounts and liaise with Business Units for ensuring suitable action plans are in place to rectify the situation at an early stage.
Maintain appropriate workload balance across the team of credit managers and officers.

AVP & Lead Credit Management, Real Estate Finance

First Abu Dhabi Bank

Dubai

06.2022 - 02.2023

Underwrite routine credit facilities with minimal oversight, including analyzing and underwriting the obligor, guarantor, the collateral, and the related industry in a manner which achieves the Bank’s profitability goals while staying within the Bank’s risk parameters
Prepare new loan offerings, renewals & modifications and evaluate the level of risk by determining the loan-to-value, collateral and guarantor strength, debt service coverage, and Net Operating Income for real estate term loans/construction finance ranging in size up to AED 250 Million
Ensure the renewals and reviews are taken up timely & to work out early alert mechanism to detect warning signals at early stage and take corrective action to avoid slippages in the quality of portfolio
Review and analyze personal financial information for obligors / guarantors including personal financial statements, personal net worth, real-estate owned schedules, liquidity statements and credit reports to determine strength of obligor /guarantor
Review and analyse property financial information to determine property cash flows and projected debt service coverage
Conduct client visits, discuss the credit observations with the borrower to understand the borrower experience in the similar field and to structure the facility in line with the requirements/cashflow projections
Analyze third party appraisal reports, real estate research reports, contractor financials & background, borrower’s ownership structure & cash flow to determine the strengths of the loan proposal
Review Project Progression Reports & Engineering Consultant’s Reports of under construction projects and recommend for drawdown considering the approved limits, terms & condition, project completion status etc
Provides mitigants and recommendations for credit structuring to enforce credit policy and to minimize risk level
Correspondence with Relationship Managers to ensure a complete loan package, with all required financials for all of the borrowers and guarantors submitted for underwriting
Conduct credit discussion sessions with the Segment Heads/ Relationship Managers /Mortgage Advisors and make them more acquainted with the bank policy & requirements for a good credit
Assisted underwriters with the overall preparation of a commercial loan for underwriting and worked as a team to complete required monthly goals and projects for portfolio management.

Credit Manager, Real Estate Finance

First Abu Dhabi Bank

Dubai

10.2016 - 06.2022

Effectively managed risk by determining creditworthiness of commercial loan applicants; analyzed range of financial data, including balance sheets, income / cash flow statements, budgets, projections, and Collaterals.
Asses the FTV after evaluating the Property evaluation report and Engineer’s technical evaluation report; determine the lending limit after considering the maximum rental stress / sources of repayment within the acceptable risk rating criteria.
Prepare credit memorandum to assess risk and recommend exposure limits to Head of Credit and Credit Committee.
Performing checks and due diligence for adverse news / information to minimize the occurrence of frauds and obtain necessary clearance or escalate to relevant departments if required.
Monitoring accounts to avoid past-dues and to follow-up on unauthorized excesses and irregularities and presenting to SRM and Unit Head
Manage all compliance activities ensuring alignment with local regulatory requirements for activities and business via concise, accurate and relevant compliance reporting including whistle blowing activities, breach reporting and reporting of suspicious activities, and complaints handling.

Credit Risk Officer-SME Credit Risk

United Arab Bank PJSC

Sharjah

06.2015 - 01.2016

Risk & financial statement analysis and scrutinizing relevant documents before sanctioning Loans/Facilities.
Credit analysis, Financial Statement Analysis, summarizing working capital requests and submitting the same to credit committees for approval.
Monitoring activities including processing of recovery of past dues from guarantors’ accounts and allocation of provision to doubtful accounts as per the management guidelines.
Rescheduling & restructuring existing loans / trade finance facilities in line with customer request based on the repayment capacity.
Managing daily transaction / Operational matters of assigned portfolio
Conducting frequent field visits & stock inspections
Monitoring accounts to avoid past-dues and to follow-up on unauthorized excesses and irregularities and presenting to SRM and Unit Head
Manage all compliance activities ensuring alignment with local regulatory requirements for activities and business via concise, accurate and relevant compliance reporting including whistle blowing activities, breach reporting and reporting of suspicious activities, and complaints handling.

Credit Analyst

RAK Bank

Dubai

01.2011 - 05.2015

Reviewed customer financial data to ascertain level of risk involved for extending credit.
Prepared basic and preliminary credit analyses to determine creditworthiness and compliance.
Reconciled customer accounts to identify delinquencies or disputes, documenting root causes.
Developed comprehensive understanding of financial statements, enhancing opportunities to assess risk.
Prioritized and organized tasks to efficiently accomplish service goals.
Collected and organized loan documents before submission to underwriting.
Presented key information to upper management and executive team for loan recommendations.

Relationship Officer

Emirates NBD

Dubai

11.2009 - 12.2010

Identified opportunities for new client acquisition by leveraging products and services.
Established strong client relationships to drive business development.
Advised and counseled customers on financing and related matters, courteously educating clients and responding to inquires.
Opened new accounts, collected client documentation and processed transactions.
Managed client communications related to daily transactions, service delivery and operational controls.
Addressed inquiries from clients and department team members.
Maintained account compliance with industry regulations and company policies.

Relationship Officer

Barclays Bank

Dubai

09.2007 - 10.2009

Identified opportunities for new client acquisition by leveraging products and services.
Drove sales using excellent negotiation, communication and problem-solving skills.
Advised and counseled customers on financing and related matters, courteously educating clients and responding to inquires.
Built long-term relationships with lucrative clients by utilizing active listening, effective communication and dynamic interpersonal skills.
Delivered positive experiences to customers at every touch point through clear communication and implementing strategies to improve satisfaction.
Collaborated with various departments to improve communication and deliver individualized customer solutions.

Credit Officer

Ocwen Financial Solutions Pvt Ltd

Bangalore

04.2006 - 08.2007

Collected and checked borrower income, credit history and employment information.
Recommended approval or disapproval of different loan types based on established criteria.
Analyzed and prepared existing borrower reports and reviews to track repayments and compliance with loan agreements.
Prepared and submitted loan applications to underwriters.
Followed banking requirements and government lending regulations.

Summary

Overview

Work History

VP & Head of Credit, Commercial Real Estate

AVP & Lead Credit Management, Real Estate Finance

Credit Manager, Real Estate Finance

Credit Risk Officer-SME Credit Risk

Credit Analyst

Relationship Officer

Relationship Officer

Credit Officer

Education

MBA - Finance

B. Com - Commerce

Diploma in Computer Application - Computer Application

Skills

Work Availability

Timeline

Languages

Languages

Similar Profiles

Sukhish Poulose EkkanSukhish Poulose Ekkan

Ahmed RaafatAhmed Raafat

Mohamed AlremeithiMohamed Alremeithi