Niket Shah Email & Phone Number

Toronto, Ontario, Canada

Toronto, Ontario, Canada

Toronto, Ontario, Canada

Mumbai Area, India

• Credit risk and underwriting - commercial lending country-wide non banking finance company and wealth portfolio of real estate finance (construction finance, land funding, and bridge loans) and debt investments.
• Implemented and reviewed credit risk management process and policies of a US$ 1bn country wide debt portfolio in the real estate sector
• Strategized deal structures and provided timely solutions for country-wide credit requests; underwritten and executed 21 deals of over US$ 250mn
• Monitored portfolio and payment receivables across India; negotiated with non-paying clients and reversed defaults worth US$ 20mn
• Prepared credit appraisal memoranda and recommended deals to the top management for approval; highlighted and mitigated risks by analyzing project viability; performed financial due diligence, cash flow projections.
• Applied analytical skills while preparing asset quality reports and highlighted early warning signals to the senior leadership; recommended policy changes thereby improving the portfolio quality by reducing the.

Mumbai Area, India

• Underwriting of Mumbai based high value mortgage loan proposals over US$ 1 mn (Product Portfolio: Loan against Property, Commercial Purchase Loans, Lease Rental Discounting and Drop-line Overdraft Loan).
• Handled over 25 monthly mortgage loan deals under various products - from credit appraisal and risk identification to sanction, disbursement and post disbursement monitoring, with an average ticket size of US$ 1 mn per.
• Mentored a 3-member team of Analyst and Management Trainees; reviewed and approved retail deals underwritten worth US$ 75K as an approving authority; conducted training sessions on underwriting and product policy
• Recognized by top management for country-wide best portfolio with lowest delinquency ratio of 0.30% (portfolio size: US$ 500 mn)
• Identified credit worthiness of clients based on product policies, prepared credit appraisal memoranda for top management approval, by analyzing financial statements and bank statements across varied businesses
• Successfully managed a 3-member team to maintain the monthly turnaround time for deal decision at 97% as against the company’s benchmark of 95%

Mumbai Area, India

• Part of Central Credit Risk and High Value underwriting team for country-wide Mortgages, Home Loans and SME portfolio.
• Handled country-wide credit underwriting of mortgage applications worth US$ 1mn and over; evaluated client creditworthiness prior to deal signing and presented recommendations to board for approval
• Analyzed and reviewed country-wide portfolio of US$ 1.80bn based on various risk parameters as well as highlighted non-starter accounts and early warning signals to the senior management; suggested changes in product.
• Successfully modeled and implemented an automated case tracker MIS from the loan operating system, assisting in the efficient tracking of pending applications and thereby improving credit decisioning time
• Assisted in handling quarterly audits and annual Central Bank of India audit.

Mumbai Area, India

• Associated with M/s. Kashyap Umesh & Associates, Chartered Accountants in the field of Audit, Income Tax and Indirect Taxation.
• Provided consultancy to clients on audit, taxation and accounting matters
• Undertook tax compliances and assisted clients on dispute resolution with the Indian Revenue Authorities

Mumbai, Maharashtra

• Prepared financial statements and undertook statutory audits for clients from varied sectors
• Conducted indirect tax audits, filed monthly service tax returns and other regulatory returns with the Registrar of Companies
• Prepared income tax related workings for clients and assisted in filing annual returns with the Income Tax Department
• Undertook tax compliances, advised clients on tax matters and assisted clients on dispute resolution with the Indian Revenue Authorities

Chartered Accountant

Among 16% candidates to be certified

Education record

CPA Pursuant - May 2021

Bachelor'S Degree, Business/Commerce, General

Ssc