Parth Bhatt Email & Phone Number

Toronto, On, Ca

Toronto, Ontario, Canada

• Manage a portfolio of RBC-fronted and other bank-fronted auto syndication deals, ensuring timely setup of credit facilities and ongoing loan servicing in accordance with credit agreements and internal standards.• Oversee data integrity across internal systems by implementing quality control measures to ensure accuracy, consistency, and up-to-date records.• Proficient in processing transactions using Overdrive and Crowe, ensuring compliance with system protocols and best practices.• Develop and maintain relationships with clients, internal business units, and external partners, ensuring alignment with commercial automotive portfolio objectives.• Coordinate credit line excesses, manage exceptions, and monitor covenant breaches, collaborating with internal teams and external lead/agent banks to resolve issues.• Manage the acquisition and transition of HSBC Bank Canada, ensuring seamless integration with RBC operations and maintaining continuity in client servicing, while overseeing the HSBC portfolio alongside the syndication portfolio.• Prepare monthly portfolio reports detailing financial and operational trends by client, region, and OEM, ensuring portfolio compliance with approved terms.

Toronto, Ontario, Canada

• Develop and manage internal and external relationships with clients, business unit contacts and partners as they relate to commercial automotive portfolios.• Daily credit line excess and exception management. • Complete credit requests for any temporary/permanent increases and obtain risk approval.• Covenant/reporting breach monitoring. Tracking and follow up for receipt of all compliance reporting from clients. Work together with partners to resolve any issues.• Documentation and security management, prepare legal agreements and security packages. • Engage external counsel if required. Contact clients and partners to resolve out of order situations.• Manage wholesale on-boarding and payout requests with other Financial Institutions.• Portfolio reporting and monthly portfolio review of financial and operational trends by client, region, and OEM.

Toronto, Canada Area

• Assisted clients with meeting various working capital requirements and long-term/short-term capital needs through advances, rollovers, conversions, and repayments as per credit agreements.• Closed new deals and amendments for clients globally, ensuring timely processing of transactions and meeting funding requirements.• Proficient in handling various fixed and variable rate lending options including Canadian Prime Rate Loans, US Base Rate Loans, LIBOR Loans, EURIBOR Loans, Bankers’ Acceptances, and Letters of Credit.• Monitored debt market themes relevant to RBC's corporate clients and participated in deal teams executing syndicated loan financings for corporate M&A, LBOs, project financings, and general corporate purposes.• Closed major Primary/Secondary Term facility trades with over 1000+ lenders on external system “ClearPar”, facilitating the buying/selling of Term facility debt.• Conducted background checks and research on potential Term facility lenders using external resources and databases to mitigate risks.• Demonstrated understanding of Credit Agreement terms and processed transactions on ACBS, ensuring adherence to reporting timelines.• Managed day-to-day financial servicing of assigned syndicated client portfolio, acting as the lead Agent Bank for RBC.• Ensured compliance, approval, and escalation requirements for high-risk deals.• Oversaw department projects as requested by other lines of businesses.• Conducted financial analysis and due diligence in originating, structuring, and executing debt-related financing transactions, including LBOs.• Analyzed and maintained databases tracking debt financing activity and other market intelligence.• Collaborated with other teams across Investment Banking in Canada, the U.S., and globally to drive successful outcomes for clients.

India

• Accountable for:- Handling client portfolios- Managing consultation of direct taxes- Looking into finalization of accounts• Monitor the team’s progress, identify shortcomings and propose improvements• Achieve profit targets for the cluster of Branches in the zone• Analyzing information to ensure accurate, quality tax returns for assignees• Researching tax theory and positions, and applying them to specific client needs• Understanding of basic tax concepts and proactively increasing tax knowledge through client assignments and current tax developments• Overseeing the quality in client deliverables and monitor the service level agreements• Ensuring functioning of the yearly tax compliance season• Responsible to review accuracy and validity of insurance claims• Solve the queries of the customers in the Claim settlement issues• Conducting audit of the claim settlements for quality processing• Liable for reviewing the total premiums paid by the customer and resolving problems related to claim settlement• Performing audit of the claims to ensure quality processing

Mumbai Area, India

Mumbai Area, India

• Examined and analyzed journal and ledger entries, bank statements, inventories, expenditures and taxes• Examined accounting, financial records and documents • Involved in preparing detailed reports on audits findings• Involved in Computing Tax of clients for proprietor, partnership, private, co-operative and corporate companies• Involved in supervising and training articling student with regards to the course requirements followed by them• Accountants and administrated technician were to be trained so that they can be well versed with the latest changes and happening of business • Involved in leading and guiding the team and set out performance parameters/deadlines, ensured the timely completion and delivery of the project

Master Of Business Administration (M.B.A.), Finance

Bachelor Of Commerce (B.Com.), Accounting And Finance