Mohan Somachandra Email & Phone Number

Major ResoposibilitiesWith the assistance of front office branch staff and back office support teams, I am responsible for organizing and controlling overall business activities of the branches through growth in quality assets and liabilities, while managing existing as well as new to bank customers.• Market bank’s image by promoting products and services with a view to enhance and develop overall business.• Provide critical input in development of branch business strategies, detailed targets / budgets, and tactical plans. Implement these plans to achieve desired profitability while growing the book within approved risk parameters.• Maintenance of business & administrative records; monitoring and review of various standard as well as specialized MIS reports for purposes of performance management as well as review by internal and external stakeholders (including regulators).• Directly dealing with customers on regular basis aimed at (a) selling products & services, (b) resolving their complaints and ensuring maximum service quality, (c) understanding their business model & financial needs, (d) advising them on asset & liability products, (e) structuring banking facilities for them, and (f) monitoring their account and business performance, to identify relationships exhibiting deviant behavior and eventually recommending work out strategies to the senior management.• Appraise and recommend all credit proposals to approving authorities that are prepared by the relationship manager or branch credit officer.• Review and propose all credit applications to the senior management for endorsement.• Manage, motivate and provide/recommend continuous training to all staff to achieve desired level of productivity and ensure a satisfied workforce.• Assist other departments like administration, recoveries, and credit administration, in their respective areas.

I joined Nations Trust Bank in March 2011and was initially assigned to Nugegoda branch.I performed my duties as the owner of the total credit portfolio of the branch and was also responsible for growing a quality credit portfolio.Major responsibilities included:• Analyze credit data and financial statements trough spreads to determine the degree of risk involved in extending credit or lending money• Generate financial ratios to evaluate customers' financial status. Compare liquidity, profitability, gearing/leverage and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.• Management of credit requirement of a diversify portfolio consist of Corporate, SME and Retail.• Ensure annual revenue targets are achieved for the business unit.• Maintain service level standards to the maximum by maintaining a satisfied customer’s base while working within banks compliance and credit policy.• Maintain a profitable loan portfolio by minimizing NPA levels to ensure expected returns.• Post credit monitoring and timely review of credit facilities granted in order to identify opportunities to increase wallet size or to recommend or initiate action for sick projects.• Coordinate with internal and external auditors during periodic audits.• Grooming of youngsters to become future credit officers of the bank.

Major responsibilities included:Credit• In depth evaluation of credit proposal by analyzing credit history, repayment capacity, financial statements, spread sheets, collateral, other KPI’s, internal & external factors to mitigate credit risk.(SME, Commercial, Corporate & Other term loans)• Attending to security documentation and lodgment of same & monitoring of recoveries and follow-up on loans granted.• Attending to provisioning works (Capital/Haircut)• Preparing of KPI and other monthly statements.Leasing• Preparation of Lease Applications for approval by relevant authorities.• Issuance of purchase orders and attending to documentation while ensuring compliance of special conditions.• Monitoring of collections and preparing of all monthly returns.Recoveries• Closely monitoring of recoveries of all advances granted.• Organizing of recovery camps.• Preparing of reminders & warning letters (LOD,Parate notice)• Initiating legal actionOperations• Receiving/Paying of cash& balancing of cash and attending to cash orders of corporate clients.• Accepting cheques for collection, handling of Inward/Outward Clearing process and attending to all trial balances• Opening of Current, Savings, Fixed & short term deposits & other work relevant to back office.• Issuance/Encashment of Foreign Drafts & TC’s, handling of inward & outward remittances and attending to maintenance of Foreign Currency A/C’s

Education record

Education record