DURGESH SINGH
Toronto,ON
Summary
A research-driven Credit Underwriter with five years of experience in Credit Underwriting. Expertise in complex data and financial rating reports outlining the strengths and weaknesses of corporate and government entities. Deep knowledge of evaluating financial information (e.g., Income Statement, Balance Sheet, Cash Flow) and assessing creditworthiness of corporate holdings by determining operational and financial risks. Experience in trade booking and monitoring corporate activities for Equities, Options and Futures.
Overview
5
5
years of professional experience
1
1
Certification
Work History
Credit Risk Underwriter
Blucognition - Stripe USA (client)
09.2022 - 05.2023
- Financial review of high-risk accounts of merchants' businesses for leading global payment processing company
- Analyze financial and bank statements of merchants to assess creditworthiness
- Perform factor assessments (growth trends, efficiency ratios, cash flow generation, burn rate, debt levels, and overall liquidity), interpreting financial performance basis ratio analysis and financial statement analysis, competition comparison and assessing credit exposure
- Identify trends and validate potential risk to overall portfolio
- Research company information online and gather relevant information needed for underwriting
- Evaluate risk of default of customers and work with Team Leads based in USA to mitigate risk
- Monitor and investigate merchant's credit card activities using internal and external Risk monitoring tools
- Prepare credit memos based on financial and credit analysis and recommend risk mitigation measures.
- Credit Risk Modeling and Automation
Associate Financial Analyst
CRIF Solutions Pvt Ltd
07.2021 - 08.2022
- Managed pilot project of automobile dealer evaluation and consulted new and existing auto dealers to develop business plan/proposal for automobile sector
- Conduct due diligence/risk assessment (financial analysis, credit line recommendation) of auto-dealers and documented reports to determine if applicant is competent for ongoing business proposal
- Assessed risk through financial analysis, cash flow analysis, financial feasibility, tax returns, operational performance indicators and recommended credit line conditions
- Document custom reports needed for dealer relationships and their respective bankers and accountants
- Document Management Information reports for Rating Committee discussion before freezing final rating/score
- Authored detailed credit rating reports and provided in-depth analysis of trends and performance of entities for senior management's due diligence.
Executive (Credit Management Operations)
Daimler Financial Services
11.2019 - 02.2021
- Credit Spreading and Underwriting for Mercedes Benz dealers and Bharat Benz dealers
- Analyze credit worthiness of dealers by analyzing financials and other operational reports
- Present proposals to Credit Committee with all facts, analysis, and risk mitigation measures.
- Handled auto loan products based on customer requirements
- Training and monitoring interns
- Analysis and presentation, and filing of financial fraud cases with Reserve Bank of India.
Financial Analyst
Deutsche Bank Group
04.2019 - 11.2019
- Trade booking and monitoring of trades related to stocks, stock options & futures
- Working knowledge of Bloomberg and Reuters terminals to view historical prices
- Recording and posting of all mandatory and voluntary corporate events like Mergers, bonuses, Bid/Tender, Spin-offs, Stock split/Rev stock split, ISIN change, Call Payment, and Income distribution.
Assistant Accountant
MPS Surat
04.2018 - 03.2019
- Preparing journals and post entries in accounting system
- Assist in preparation of quarter/ annual financial statements for internal management. Reporting, external auditing, and tax filing purposes.
- Accurately record and reconcile all financial data
Education
Post Graduation - Financial Planning
George Brown College. (Nominated in Dean's List)
Toronto, ON12.2023
Bachelor of Business Administration: Finance - Financial Management
MIT School of Management
Pune, India01.2017
Skills
- Advanced MS Excel
- Financial statement analysis
- Credit evaluation and rating
- Company profiling/reports
- Client relationship management
- Effective communication
- Financial Modeling and Valuation
- Documentation & Reporting
- Risk Assessment
- Financial Spreading
Certification
- Equity Research Financial Modeling
- Business analysis and advanced Excel.
- Pursuing Canadian Securities Course (CSC)
- Pursuing Financial Risk Manager (FRM)
Timeline
Credit Risk Underwriter
Blucognition - Stripe USA (client)
09.2022 - 05.2023
Associate Financial Analyst
CRIF Solutions Pvt Ltd
07.2021 - 08.2022
Executive (Credit Management Operations)
Daimler Financial Services
11.2019 - 02.2021
Financial Analyst
Deutsche Bank Group
04.2019 - 11.2019
Assistant Accountant
MPS Surat
04.2018 - 03.2019
Post Graduation - Financial Planning
George Brown College. (Nominated in Dean's List)
Bachelor of Business Administration: Finance - Financial Management
MIT School of Management
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