Jayakar Devaraj Email & Phone Number

Chennai, Tn, In

Chennai, Tamil Nadu, India

Retail processing Hub- Business development centre

Tamil Nadu, India

Building & maintaining relationship with new clients; supported the improvement of new business & retention of customers to achieve operational goals & key performance indicators while keeping in view the profitability for Auto LoansExploring business potential, opportunities & clientele to secure profitable business volumes by networking with prospective clients, generating business from existing accounts and achieving profitabilityEnsuring all compliance and guidelines meeting and maintaining acceptable portfolio qualityRendering sustained services to clients for high ROI, increasing retention level by achieving quality norms and resolving their issues to attain high customer satisfaction; tracking customer complaints and resolving escalated grievances on a day-to-day basisPreparing reports to apprise mgt. of business performance and assisting in formulating objectives & commercial policies/ proceduresDeveloping and implementing business strategies and improvement methodologies in process; ensuring streamlined business operations at the branchIdentifying and mitigating organization wide risks; implementing corrective action plans for process improvement by setting team level strategic action plans and operational standardsWorking with channel partners; driving new business through set-up of Channel Network from scratch; successfully establishing the right partners to enhance market presence

Chennai, Tamil Nadu, India

Currently working on the Product and policy design for the retail commercial vehicles segment for the bank, more focus on the LCV segment.

Chennai Area, India

Channel finance : Handled Channel finance (Dealer financing) for all the dealers across india, arranging Inventory and project finance for all the dealerships, Handled close to 138 dealer locations with a over all fund exposure of 900 crs credit limit across financiers to all the dealers. have tied up with 12 financiers for inventory funding for the dealerships. ensured smooth relationship between the dealer and financier with the support of M&S team. Responsible for payment collection of every billing done by DICV through the dealer financing channel, supported Financiers in collections and recovery of funds which was lend to the dealers.Management Reporting : Preparing daily/weekly/fortnight and monthly reports to the top management. preparing financier analysis, product forecast and various Modelwise/segmentwise analysis reports.Product development : Ensure new tie ups are in place for the retail team, agreement signing with financiers,timely renewal of agreements, liase with legal team in vetting the agreement on specific T&C and clause in the agreement,meeting new financiers and Insurance Cos. for good prospects for the company,negotiating with financiers and insurance co. for new schemes for our Bharat benz product.Building relationship with Financiers and Business Development : Regular interaction with all the internal and external stake holders and ensure process improvement.

Chennai

Pan India Co-ordination for Financial Services.Management Reporting.Building relationship with Financiers and Business Development.Market and Competitor AnalysisPreparation of management presenation, weekly/MontlyHandled the Budget allocated for the department for expenses by the management

Chennai

Handled Credit operations for Global/Corporate and business banking clients for Tamil nadu Location, key responsibility is to give credit facilities to the clients as per credit approval conditions and ensure the required Security documents are collected and held in place, Security creation for Corporate Clients for eg. Creation of Mortgage, Charge creation on various assets and filling the charge in the Registration of companies site, dealing with Corporate Guarantee's from various entities. Handing Transactional documents and ensure prompt service to the clients by setting the limits for their daily utilization. Check drawing powers as per montly stock statement receieved from the clients.

Handled Credit underwriting for Unsecured Lersonal loan product for Chennai location. Was responsible for credit underwriting in 4 branches in chennai, handled a team size of 40 members. ensured Turn around time is met for the business without any compromise on the portfolio, used to track the 30 plus and 60 plus account. and used to give feedback to the central team and other team members, ensured there is no adverse audit findings in the file quality.

Chennai, Tamil Nadu, India

Underwriting personal loans,and cross selling of insurance products,was handling a team size of 20 credit officers,ensured the turn around time is met for the business,main focus on client servicing and cross selling of insurance products,ensured business meets there monthly targets without any compromise on the portfolio and quality of the profile,ensured non starters are collected every month without fail,regular field visits on suspect cases,helped the service team in customer retention for genuine customers.

Puducherry, India

Was handling underwriting for products like TW,personal loans,Auto loans,Commercial vehicles in Pondicherry location.Took initiative to recruit verification agency for the pondicherry location,developed the cross sell business(Lending Personal loans to existing TW customers) in the location,educated the Risk agency on how to find the fraud customers,and given them market inputs and also educated them on the latest trends of fraud happening in the market.Gave regular feedback to the management on the TW deliquency and the profiles which has to be restricted.

Chennai, Tamil Nadu, India

Handled Credit underwriting for Personal loans, gained experience in Vendor management and External audit's, Responsible for credit underwriting of personal loans, handling verification agencies, recruited a new verification agency at low cost and ensured cost saving for the company, represented credit department for an annual audit and should good process in place without any adverse findings by the auditors.

Chennai, Tamil Nadu, India

Was initially co-ordinating with Up-country CPA for TW loans.Handled TW CPA work shop for Chennai,Have done underwriting for Personal loans.Initially started with Two wheeler operations,ensured files are in order and the disbursement cheques reaches the location within the turn around time,then moved to underwriting of two wheeler loans for up-country locations,then started handling CPA workshop for chennai location.and then moved to Personal loan underwrting,(Preparing credit memo,analysing bank statement,calculating the eligibility of the customer and forwarding the same for credit managers approval).

M.B.A., Finance, Mba

Activities and Societies: MBA - Finance

Bachelor Of Commerce - Bcom

Higher Secondary School, Commerce