Obula Reddy Bandreddi Email & Phone Number

Chennai, Tn, In

Mumbai, Maharashtra, India

Head Risk and Policy- Indostar Capital Finance Ltd, Chennai, reporting to CRO, handling the risk management and policy function for CV/CE, Cars Loans, and form equipment’s Loans, micro LAP, MSME and Large Corporate Loans.From March’23 to August’23, I temporarily assumed the role of CRO, in addition to my current responsibilities.  Development and implementation of effective risk management strategies that helps to mitigate credit losses. Manage Credit Risk on Commercial Vehicles, Construction Equipment’s, Farm Equipment’s, Car, two wheeler & SME products. Responsible to handle Hind sighting and concurrent audits for the respective products. Build a robust MIS to monitor credit performance, perform in-depth portfolio analysis to assess credit risk on a periodic basis. Design and manage credit policies for various products. Development and implementation of application scorecards Leading digital transformation of various processes to improve the quality of the data by automation and reduced the biasness in the underwriting process. Improve risk culture in the organization by creating framework for assessment of risk associated with various branches/products/regions and provide frequent updates to the team on the risk scores of the respective branches/regions and products. Responsible for handling various direct assignment transactions, co-lending arrangements and business correspondence models to help the organization in building inorganic business. Preparation and presentation of quarterly portfolio review decks to the RMC meetings and conducting of health circle meets with leadership team and various regional teams to update on the portfolio behaviors and suggest for corrective actions wherever required. Conducting of various training programs and frequent tests for the field team to improve the understanding on the polices. Managing and updating of the depreciation grids for various asset models

Chennai Area, India

Head- Retail Credit Risk, Karur Vysya Bank, Chennai, handled Credit Risk function for Retail Assets, Credit Cards and Commercial Vehicle Loans, reporting to Chief Risk Officer (CRO). Responsible for assisting the CRO and MD &CEO with the following: Managing the credit risk function of the bank relating to all types of Retail Loans such as Home Loans, Loan Against Property, Car Loans, Personal Loans, Credit Cards and Commercial Vehicle Loans. Ensuring that credit facilities and loans are granted within the RBI regulations and Bank's credit policies. Responsible for overall adequacy and effectiveness of the credit risk management techniques/process. Coordinating with external and RBI auditors reviewing credit facilities. Submitting periodic reports regarding the status of the loan portfolio to CRO and/or MD & CEO.Monitoring of various Score Cards performance, reviewing with collection team, dealing with other financiers for securitization and co-lending arrangements. Played instrumental role in establishing of Technical Department, improving the fraud risk management in retail assets by incorporating various changes in polices/processes. Introduced Experian HUNTER platform in retail assets and received appreciations from Senior Management for various measures taken to prevent frauds, improve quality of underwriting and incorporating changes in loan processing system to improve overall customer onboarding journey and there by contributing for overall improvement in business without compromising on quality.

Chennai Area, India

Head Credit & Policy- TVS Credit Services Ltd, Chennai, for Used Commercial Vehicle Lending business. Responsibilities includes formulation of credit policies for used commercial vehicle lending business, establishing processes and developing the systems, identifying the potential locations to start operations, recruitment and training of credit resources. Played instrumental role in establishing technology process to efficiently manage the complexities involved in Used Commercial Vehicles Lending business and created the seamless process to providing best turnaround time for customers without compromising on quality.  Monthly review with CEO to update on the various projects, TAT , Collection, PDD, Manpower Hiring, branch expansion, productivity and feedback on general market. Received appreciation from CEO for building strong platform for commercial vehicle loan business in the organization, helped in building the book without compromising on the credit quality. Now commercial vehicle product is most preferred product for management after two wheeler loans in the organization.

Joined as Underwriting Head for Commercial Vehicles and Construction Equipment Loans, was successful in setting up of strong credit administration across PAN India CPCs, framing credit policies, establishing processes and systems and thereby played crucial role in building quality book. Also handled High Value Loans Underwriting for Mortgages Loans along with commercial vehicles.  Handling day-to-day execution of the credit policy & process of the organization Managing Design and implementation of the Credit Process from receipt of application to credit sanction; ensure incorporation of sufficient safeguards such that desired operational efficiency is achieved without compromise in portfolio quality Ensuring that the credit processes are designed to offer fast Turn-around Time for the customers, are hassle free for the customers to understand and for employees to implement, make use of innovations in technology and process tools and are within the risk appetite of the organization Leading the credit team at HO, Regional Offices and branches to ensure that a high quality standard is maintained in the credit portfolioSupervising the use of credit score cards and other risk management tools / systems to ensure that the portfolio quality is maintained; provide inputs to the Policy and Risk team in redesign / revamping of these tools and techniques as per the inputs gained from actual usage Giving inputs on portfolio performance and credit forecasting to Head Credit-Retail Assets , for developing business plans and forecasts for the organization

India

Hyderabad

Handled CVCE Loans underwriting for AP and Karnataka States.

Handled AP Region CV Loans Underwriting

Aca, Accounting

Aca, Chartered Accountancy Course

Bachelor Of Commerce (Bcom)

Education record