Manager Credit Resume

Posted on: 2006-04-04

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Resume:

Wajiha Mehtab Farooq
Mountainview Drive,
Wayne, PA
Tel:
Cell:
E-mail:


Education

College of Business Management, Karachi, Pakistan
Master of Business Administration. GPA . Feb

Govt. College of Commerce & Economics, Karachi, Pakistan
Bachelor of Commerce -

Govt. College of Commerce & Economics, Karachi, Pakistan
Intermediate -

London University
O’Levels

Courses Attended

&#; Workshop on Financial Statement Analysis – Princeton, NJ
&#; Investing with confidence (Annuities, Mutual Funds, Bonds) – Westchester, PA
&#; Understanding Letters of Credit: Types, Risks & Remedies
&#; Business Communication
&#; Principles of Marketing
&#; Customer Services Excellence
&#; Programming language: Visual Basic. .

Work Experience

MCB Bank Ltd, Karachi, Pakistan Apr -Oct
Manager Credit – Commercial Banking

&#; Managed a secured portfolio of PKR Million for various credit facilities:
o Fund Based: Overdraft, Term Loans, Demand Loans, Leasing
o Non Fund Based Facilities: Letter of Credit, Bank Guarantees.
&#; Custodian for all securities pledged as Collateral: Marketable Securities, Certificates of Deposit, Property documents, Lien on Bank deposits, Standby Letter of Credit, Financial Guarantees (Offshore Bank Guarantees).
&#; Developed Loan structure proposal for new loans.
&#; Performed detailed Analysis of Financial Statements to identify inherent or future risks in the company.
&#; Monitoring of Credit Portfolio: Repayment of Principal & Interest, Loan to Value Ratio, Collateral Compliance.
&#; Ensured creditworthiness of the customer through external sources: Dun & Bradstreet, Data Banks, Credit reports from other banking relationships of the client.
&#; Identified borrowing needs of the customer & offered facilities catering to those specific needs.
&#; Ensured compliance of necessary Loan Covenants
&#; Conducted regular visits to the customer’s business facilities. (offices, factory etc)
&#; Proposed Renewal of Credit Limits based on past company performance & repayment trends of the customer.
&#; Reporting of weekly, monthly & quarterly MIS to Regional Management.


Standard Chartered Bank, Karachi, Pakistan Jul to Apr
Credit Analyst – Consumer Banking Division

&#; Performed Credit Analysis of all secured branch lending facilities against Deposits, Marketable Securities & Financial Guarantees (Offshore Bank Guarantees).
&#; Analysis & processing of loan applications originated by all the branches countrywide.
&#; Responsible for correctness of all documentation & control of the lending portfolio.
&#; Monitoring credit limits, renewal of facilities & collateral compliance for both fund & non fund based portfolio of . billion.
&#; Ensured collection of overdue & delinquent accounts.
&#; Assisted credit policy team in preparation & monitoring of the credit policy for overdraft.
&#; Developed a Credit Monitoring System for Lending Facilities (software program in Visual Basic for monitoring of all lending facilities for branches).

Union Bank Ltd, Karachi, Pakistan Oct - Jun
MIS & Planning Officer-Consumer Assets & Cards

&#; Prepared a three year expense budget for products: Personal Loans, Auto Loans, Mortgage Loans, Credit cards, Charge cards, Acquiring & Affiliate Business
&#; Developed various formats for monthly forecasts & variance commentaries etc.
&#; Involved in the preparation of rolling forecasts.
&#; Prepared monthly variance commentaries for all product lines.
&#; Responsible for monitoring & controlling of expenses on an on-going basis.
&#; Carried out re-engineering exercises in the first quarter of the year . Proposed necessary changes that brought about cost saves of PKR .m.
&#; Compiled monthly newsletter for the Consumer Division.
&#; Spent some time in Card Operations to understand the Acquiring & Affiliate Business of the Bank.
&#; Reviewed financial models for Consumer Assets & Cards

American Express Bank Ltd, Oct - Oct
Travel Related Services, Karachi Pakistan
Management Trainee – Business Planning

&#; Coordinated with regional finance groups in Hong Kong and New Delhi to ensure timely submission of monthly results.
&#; Assisted in the preparation of Annual Plan for products “Card” and “Business Travel”.
&#; Assisted in the preparation of Periodic forecasts as and when required by local and regional management.
&#; Reviewed monthly financial results and submitted variance commentaries to Management.

Citibank N.A., Sep - Jan
Internship - Consumer Services Group

&#; Worked in the foreign currency accounts department of the Consumer Services Group.
&#; Actively participated in generating new business for the bank.
&#; Educated clients on the various products.
&#; Assisted customers with their deposits / withdrawals on an on-going basis.

Interests Travel, Music and Reading
Other Skills Fully proficient with software applications: Microsoft Word, Excel, PowerPoint etc.
Achievements Received Service Excellence Award - Standard Chartered Bank
Awarded high potential staff for the Year - MCB Bank Ltd

References Available on request