Niket Shah Email & Phone Number

Toronto, On, Ca

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 (Non-convertible debenture)• 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, and assigned internal credit ratings• 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 stressed assets to 5% from earlier 9% • Mentored a 2-member team of Analysts and directly reported to the Risk Head as a key point of contact for transactions handled; conducted regular training sessions for team members on underwriting and portfolio management• Led the project for portfolio buyout of a housing finance company with a pool size of over US$175mn; analyzed and shortlisted the deals for buyout; prepared credit appraisal memoranda and provided recommendation, and analyzed quarterly portfolio performance• Assisted in preparing investors pitch presentation for securitized portfolio• Successfully resolved and streamlined the issues involved in process of post approval document handling including critical documents resulting in efficient and faster processing of post sanction to deployment formalities

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 deal • 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%• Successfully automated bank statement analysis through an application called “Perfios” resulting in faster processing of loan applications• Recognized client needs and borrowing requirements by initiating regular meetings and understanding their business models

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 policy and process▪ 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