Ashish Bhatt Email & Phone Number

Mississauga, ON, CA

Toronto, Ontario, Canada

Responsible for conducting quality control analysis of all the retail credit portfolio, providing risk assessment tolerance, deal replication compliance, data quality in a client centric approach. More specifically, validation of the retail mortgage portfolio in accordance with the LBC and B-20 guidelines and insurers’ policies, validation of documentation.

Toronto, Ontario, Canada

• Primarily responsible for underwriting/adjudication of prime/alternative non-conforming mortgage applications to ensure that they meet the standards of Laurentian Bank Financial Group and approve or recommend decisions.
• Performs credit underwriting / adjudication on a broad range of moderately complex to complex credit product.
• Investigates, evaluates, sets conditions, approves or declines loan and line of credit applications based on authorized… Show more Primarily responsible for underwriting/adjudication of prime/alternative non-conforming.
• Investigates, evaluates, sets conditions, approves or declines loan and line of credit applications based on authorized lending limits, ensuring compliance with the current legislation and with the policies, programs.
• Provides credit support, solutions, recommendations, and advice alternative options when evaluating and analyzing credit applications for decisions in accordance with Bank policies.
• Gathers any necessary information required to co-ordinate and analyze credit applications and ensures consistent, objective and sound credit decisions in a high volume environment.

Toronto, Ontario, Canada

• Demonstrate sound financial analysis and credit risk assessments of completed mortgage applications. Employ common credit evaluation frameworks, determine credit worthiness, and avert fraud. Responsible to ensure full.
• Ensure pre funding reviews are conducted on all designated files within corporate mandates, as required on a timely, efficient and objective basis.
• Provide approval to underwriters to proceed with funding when applicable.
• Conduct AML related testing and risk assessments of business practices and/or procedures, including auditing of client files and work flows to verify AML compliance on an ongoing basis.
• Provide guidance, opinions and recommendations to underwriting staff and related stakeholders on relative credit issues.
• Refer unsatisfactory files to credit management for further handling.

Toronto, Canada Area

Quality Assurance and Risk (Fraud) Analyst – Special Investigations May 2018 – currentPrimarily responsible for review and assessment of probable misrepresented mortgage applications through investigation of broker and underwriter practices; monitoring of data and documentation; and recommendation and implementation of detective and preventative measures.

Toronto

• Primarily responsible for review and assessment of completed mortgage applications prior to funding through evaluation of documentation, compliance to company policy guidelines, and assessing the quality of asset and.
• Ensure pre funding reviews are conducted on all designated files within corporate mandates, as required on a timely, efficient and objective basis.
• Recommend changes for updates to fraud mitigation initiatives.
• Provide approval to underwriters to proceed with funding when applicable.
• Conduct AML related testing and risk assessments of business practices and/or procedures, including auditing of client files and work flows to verify AML compliance on an ongoing basis.
• Provide guidance, opinions and recommendations to underwriting staff and related stakeholders on relative credit issues.

Mississauga (GTA)

• Analyzed credit requests for mortgages according to pre-established credit policy and procedures to ensure it met or exceeded minimum credit guidelines of the bank.
• Identified suspicious files and referred to corporate security for investigation as required.
• Collected and reviewed income documents including Business Financials Statements, in accordance with the Bank’s policies, procedures and guidelines to ensure compliance, and escalated any discrepancies to the Credit.
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• Validated assets documentation received towards down payment by communicating with the Investment Company or Financial Planner to mitigate risk.
• Requested additional documents to check for income in case the TDS (total debt ratio) was affected due to lower income.

Mississauga (GTA)

• Identified sales opportunities by determining customer needs in efficient manner.
• Handled large sums of cash without error, received deposits, cashed cheques, and processed payments and wire transfers.
• Prepared and processed loan and investment documents.
• Handled commercial files and carried out variety of transactions on behalf of clients.
• Prepared documents regarding financing offer letters and security to be signed by clients.
• Managed daily settlement without… Show more

Bachelor'S Degree, (1)Internal Auditing And Controls (2) Information Systems Strategy

• Knowledge of Computer Assisted Audit Tools and Techniques (CAATT), internal controls, control testing, Fraud detection and risk.

Bachelor Of Commerce (B.Com.), Financial Accounting And Auditing