Summary
Overview
Work History
Education
Skills
Additional Information
Work Availability
Quote
Timeline
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MOHIT SHAH

MOHIT SHAH

Toronto,ON

Summary

7+ years of experience in credit Underwriting for unsecured personal Loans. Dynamic finance professional with a strong background in all aspects of retail banking, accounting, and credit loans. Successful at managing multiple assignments while meeting tight deadlines. Finely honed leadership, relationship-building, negotiation, communication, interpersonal, analytical, and problem-solving skills. Skilled in collaborating and communicating effectively with professionals at all levels of an organization. Dedicated to building, cultivating, and mentoring 50+ high-performance team members.

Overview

8
8
years of professional experience

Work History

Senior Area Credit Manager

Bajaj Finance
02.2023 - 03.2023
  • Handled team of around 20 assistant managers and 5 Managers and approved files beyond their limit's assigned approved cases till 25 lakhs rupees
  • Monitored all credit requests and approved or disapproved them after analyzing them
  • Analyzing frauds, Risks & taking due actions & steps while reporting same to management
  • Maintaining Turn around time (TAT) as per organization guidelines
  • Proved successful working within tight deadlines and fast-paced atmosphere.
  • Review and update Company's Credit Policy when necessary
  • Created credit scoring model to assess risks.
  • Quickly learned new skills and applied them to daily tasks, improving efficiency and productivity.
  • Carried out day-day-day duties accurately and efficiently.
  • Demonstrated respect, friendliness and willingness to help wherever needed.
  • Worked flexible hours; night, weekend, and holiday shifts.
  • Performed duties in accordance with applicable standards, policies and regulatory guidelines to promote safe working environment.
  • Served customers and followed outlined steps of service.
  • Offered friendly and efficient service to customers, handled challenging situations with ease.
  • Resolved problems, improved operations and provided exceptional service.

Area Credit Manager

Bajaj Finance
10.2021 - 01.2023
  • Investigated and evaluated customers for creditworthiness and potential risk factors
  • Devised collection recovery strategies to resolve customer issues and delinquent cases.
  • Reviewed and analyzed loan procedures.
  • Optimized credit approval and collection processes, improving operational efficiencies by over 5%.
  • Created credit scoring model to assess risks.
  • Work cross-functionally with sales, management and other departments to maintain effective operations.
  • Analyzed applicants' financial status and credit and property evaluations to determine loan feasibility.
  • Monitored accounts for signs of fraud and non-payment issues.
  • 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.

Credit Officer

Prime Co-operative Bank
01.2015 - 10.2021
  • Analyzed applicants' financial status and credit and property evaluations to determine loan feasibility.
  • Interviewed credit applicants by telephone or in person to obtain personal and financial data needed to complete credit report.
  • Maintained full knowledge of current regulatory environment and made proactive adjustments to meet changing requirements.
  • Collaborated with management to evaluate credit strategies and develop improvements.
  • Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
  • Checked appraisals, title information and insurance documents for each property.
  • Obtained and interpreted financial statements to assist in credit limit reviews.
  • Reviewed and verified income, credit reports and employment histories for each borrower.
  • Adhered to banking standards and government lending guidelines for loan services.
  • Performed semi-annual account credit limit reviews and credit increase review requests from financial service and sales teams.

Education

Post Graduate Diploma - Banking And Finance

Narsee Monjee Institute of Management Studies
08.2018

Bachelors - Commerce

Veer Narmad South Gujarat University
04.2011

Skills

  • Financial Forecasting
  • Financial Analysis
  • Collaborating with different Teams
  • Risk Assessment
  • Strong negotiation Skills
  • Ability to Work under Pressure
  • Excellent Analytical Skills
  • Advanced Mathematical Skills
  • Solid interpersonal Skills
  • Building & maintaining Strong Relationships with Customers
  • Great Written and Verbal Communication Skills
  • Understanding Of loans and lending procedures

Additional Information

  • Won KUDOS award in the months of July & September 2022 and the HEROES award for the month of January 2023 for exceptional Performance of the respective months for Clean Underwriting and no errors with catching maximum frauds.
  • Achieved 32nd rank Pan INDIA in MBA entrance Exam. Scored 98.52% in management aptitude test (MAT) examination PAN India in the year 2011. CERTIFICATION: ,
  • Passed Certified associate of Indian Institute of Bankers (CAIIB) in the year 2019.
  • Passed Junior associate of Indian Institute of Bankers (JAIIB) in the year 2015.
  • Passed equity derivates Exam from NISM institute a GOVT. recognized entity which made me eligible for stock market broker Status.

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote

You only have to do a few things right in your life so long as you don’t do too many things wrong.
Warren Buffett

Timeline

Senior Area Credit Manager

Bajaj Finance
02.2023 - 03.2023

Area Credit Manager

Bajaj Finance
10.2021 - 01.2023

Credit Officer

Prime Co-operative Bank
01.2015 - 10.2021

Post Graduate Diploma - Banking And Finance

Narsee Monjee Institute of Management Studies

Bachelors - Commerce

Veer Narmad South Gujarat University

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