Mohammad Ashfaq Email & Phone Number

Superintended the entire gamut of operations for treasury, credit, banking, insurance, and asset risk-aversion management operationsDeveloped and implemented business strategies to enhance market share thereby increasing revenue/profits.Executed the strategic plan for efficient fund management for 10 departments and 30 active contracting projects consisting of road/building construction, city cleaning, infrastructure, site development, road way system maintenance, etc.Appraised project loans of over a billion riyals' funded and non-funded facilities, comprising of medium/short term loans, overdrafts, working capital credits, bills discounting, letter of guarantee, letter of credit opening/refinancing, etc.

Played a key role in forecasting and planning initiatives and prepared product line research-based reports for senior management.Key Responsibilities:Maneuvered credit policies as per contract applications in business cycle, and evaluated permissible credit limits on case to case basis.Evaluated permissible credit for new finance lease applications and assessed sale and lease-back requests, conducted post examination of all related documentation in compliance with the company's credit policy.Analyzed credit policy feasibility in view of revenue generated and profits. Followed up on lease rental collection commitments, reconciled customer accounts, and confirmed balances in view of P&L statements.Planned and executed standard audits of annual balance sheets, reported audit findings and recommended corrective measures to improve operation and reduce costs.Prepared detailed reports on audit findings and made recommendations to improve accounting and management practices.Sourced new investment opportunities through strategic analysis of market sectors and identified appropriate targets, contacted and maintained professional relationships with executives, and reviewed business plans to enhance portfolio and augment revenues/profits.Reviewed and devised monthly & yearly financial/income statements, balance sheets, internal audit, cash flow projections, quarterly principal profit & loss to reduce cost as well as budget compliance.Prepared weekly and monthly reports of all credit accounts and provided reviews to the upper management to assess variances and take necessary action for all emergency accounts.Coordinated and supervised 8 subordinates, and imparted training on organizational policies/procedures to ensure bottom up adherence.

Key Responsibilities:Assimilated and analyzed financial information of loan applications and business conditions to guarantee smooth and proper implementation of approved credit facilities and effective servicing of accounts.Ensured sustained business in-flow by cross-selling new financial services, cash management tools and investment products, etc.Examined and analyzed commercial loans including collateral analysis, credit underwriting, cash flow and profitability models.Formulated customer portfolios and handled their accounts; executed withdrawal request, covenant compliance and provided quarterly updates; as well as maintained customer database thus enhancing organizational profitability.

Daibp, Specialized Study In Banking & Finance

M. Com., Accounting, Finance & Commerce