I am a seasoned Senior Risk Analyst with over 15 years of experience in the financial sector. I specialize in credit assessment, risk management, and leading innovative research. Known for my problem-solving skills and ability to work cross-functionally, I've successfully implemented paperless underwriting and commercial CIBIL reporting.
Passionate about mentoring and collaboration, I thrive on developing analytical skills in junior staff and driving continuous improvement. My career highlights include managing cross-functional teams, setting up underwriting processes, and delivering outstanding results in risk management and credit assessment.
Results-driven Senior Risk Analyst with expertise in credit assessment, risk management, and innovative research, ensuring success in dynamic financial environments
Proficient in credit assessment, risk management, and financial analysis with extensive experience in both secured and unsecured products.
April 2016 - Till Date
I led a team of credit analysts, analyzing and recommending commercial payment proposals. I assessed working capital finance for dealers and corporate clients, sanctioned credit lines, and performed comprehensive risk assessments for large, mid, SME, and MSME corporates. My role involved liaising with various stakeholders, including Credit Risk, Legal, Corporate Banking, Compliance, Collection, Sales, and Product teams, to improve processes. I visited clients to finalize and recommend high-value or critical proposals, implemented a paperless underwriting project, and collaborated with credit information companies and analytics providers to ensure informed decision-making during underwriting.
January 2007 - April 2016
I established a comprehensive underwriting process for commercial payments, covering pre-sanction, post-sanction, and post-issuance stages. I built a robust underwriting team to handle proposal assessments, account setups, and documentation, including financial rating sheets and proposal notes. I initiated paperless commercial payment underwriting through an online approval system and designed a collection process for secured lending. Additionally, I implemented commercial CIBIL reporting, set up SMA reporting processes, and coordinated with the EGRC team for seamless payment query resolution. I collaborated with corporate banking, credit risk, legal, compliance, IT, and operations teams to ensure smooth processing and operations. I also analyzed and sanctioned working capital facilities for large, mid-sized, and SME segments.
June 2005 - January 2007
I established a Centralized Credit Backend team for business cards and conducted credit evaluations for commercial credit cards, including analyzing financial statements and preparing proposal notes. I evaluated and reported on Turnaround Time (TAT) and application status, providing monthly snapshots to senior management to improve processes. Additionally, I trained the team on new products and policies to ensure continuous improvement and efficiency.
September 2023
Completed a PhD in Business Economics. This degree signifies advanced expertise in economic theory and business strategy.
March 2015
Completed the Executive Program in Applied Finance, enhancing financial management skills and strategic decision-making in corporate finance.
March 2013
Achieved an MBA in Finance, specializing in financial analysis, investment management, and corporate finance strategies.
March 2004
Completed a Master of Commerce degree, focusing on [specific coursework or specialization], enhancing expertise in business management and financial analysis.
March 2002
Completed a Bachelor of Commerce degree, focusing on [specific coursework or specialization], establishing a solid foundation in business studies and financial management.
Feel free to reach out! Whether you have a business inquiry, a collaboration proposal, or just want to say hello, I'm always open to connecting. Drop me a message, and let's start a conversation. Looking forward to hearing from you!
302, A wing, Sai Sakshi Tower, Ganesh Nagar, Near Sumeru Tower Lok Dhara Phase 3, Kalyan east Kalyan east, Maharashtra (421306)
prasad.panchal17@gmail.com
Phone: +91 981 985 0698