Prashant Jain Email & Phone Number

Dubai, Ae

Dubai, United Arab Emirates

Heading the WB/BB Remedial (team of 5 staff) within Credit for the non-performing Wholesale (WB), Business Banking (Com/TWC/FIGP/CREL/ABF) and FI/Treasury portfolios for the bank.Conceptualizing rescheduling/turnaround plans and recovery strategies for the portfolio for speedy recoveries and minimal losses to the bank. Managing the problem loans (non-performing borrowers) for Wholesale and Business Banking portfolio and assisting the business team by providing work out solutions… Show more Heading the WB/BB Remedial (team of 5 staff) within Credit for the non-performing Wholesale (WB), Business Banking (Com/TWC/FIGP/CREL/ABF) and FI/Treasury portfolios for the bank.Conceptualizing rescheduling/turnaround plans and recovery strategies for the portfolio for speedy recoveries and minimal losses to the bank. Managing the problem loans (non-performing borrowers) for Wholesale and Business Banking portfolio and assisting the business team by providing work out solutions to ensure timely recovery through a pro active approach. Handling the entire spectrum of legal process from initial stage of identifying defaulters to final stage of recovery whilst ensuring adherence of statutory policies. Show less

Abu Dhabi, United Arab Emirates

Handling the Business Banking Restructuring and Remedial activities for the Bank under the Retail Collections umbrella, including written off borrowers.

Dubai

Heading the Remedial Management dept (team of 4 staff) within Wholesale Banking Credit for the non-performing Wholesale (WB) and Business Banking (trade working capital) portfolio for the bank (including Asset based lending).Conceptualizing rescheduling/turnaround plans and recovery strategies for the portfolio for speedy recoveries and minimal losses to the bank. Managing the problem loans (non-performing borrowers) for Wholesale and Business Banking portfolio and assisting the… Show more Heading the Remedial Management dept (team of 4 staff) within Wholesale Banking Credit for the non-performing Wholesale (WB) and Business Banking (trade working capital) portfolio for the bank (including Asset based lending).Conceptualizing rescheduling/turnaround plans and recovery strategies for the portfolio for speedy recoveries and minimal losses to the bank. Managing the problem loans (non-performing borrowers) for Wholesale and Business Banking portfolio and assisting the business team by providing work out solutions to ensure timely recovery through a pro active approach. Handling the entire spectrum of legal process from initial stage of identifying defaulters to final stage of recovery whilst ensuring adherence of statutory policies. Show less

Dubai, Uae

Managing the non-performing portfolio – Corporate / Commercial / Retail customers directly (Relationship Management) or indirectly (Supporting the Relationship team) through regular meeting with customers, providing work-out solutions to recover the outstanding, ensuring timely recovery of non-performing borrowers through a pro-active approach.Complying with the provisioning requirements for the bank on a monthly basis, and ensuring that the same meet the Central Bank guidelines, audit… Show more Managing the non-performing portfolio – Corporate / Commercial / Retail customers directly (Relationship Management) or indirectly (Supporting the Relationship team) through regular meeting with customers, providing work-out solutions to recover the outstanding, ensuring timely recovery of non-performing borrowers through a pro-active approach.Complying with the provisioning requirements for the bank on a monthly basis, and ensuring that the same meet the Central Bank guidelines, audit regulations and bank internal policies.Conceptualizing and implementing short/long term plans and recovery strategies for speedy recovery to ensure profitable working.Managing the provisioning requirements for the bank on a monthly basis, and ensure that those meet internal & external guidelines.Handling entire spectrum of legal process from initial stage of identifying defaulters to final stage of recovery whilst ensuring adherence to statutory and regulatory norms. Show less

Mumbai Area, India

Spearheaded efforts across the whole gamut of credit functions including credit appraisal, putting up recommendations, getting sanction, pre-payment/repayment of credit limits as well as post-sanction follow-up and recovery.Responsible for credit risk assessment of clients, putting up proposals, coordination for syndicated deals including follow-up/monitoring of funded and unfunded deals to ensure recovery on maturity.Ensured health of portfolio and appraised creditworthiness of the… Show more Spearheaded efforts across the whole gamut of credit functions including credit appraisal, putting up recommendations, getting sanction, pre-payment/repayment of credit limits as well as post-sanction follow-up and recovery.Responsible for credit risk assessment of clients, putting up proposals, coordination for syndicated deals including follow-up/monitoring of funded and unfunded deals to ensure recovery on maturity.Ensured health of portfolio and appraised creditworthiness of the applicants after analyzing financial statements and credit documents and putting recommendations before higher management.Developed innovative strategies and judiciously mobilized and managed resources to put the company on the path of growth and profitability; hold credentials of successfully monitoring and controlling all credit accounts. Show less

Surat Area, India

Deftly handed Financing, Refinancing and collection for Passenger Segment Vehicles for entire Surat Region and dexterous in managing other vehicle segments.Responsible for overall retail lending operations from identifying potential customers, loan appraisal, loan sanction, documentation formalities and disbursal of loan.Formulated innovative sales and marketing strategies to generate favorable disposition in customers’ minds. Analyzed market intelligence to align business strategy… Show more Deftly handed Financing, Refinancing and collection for Passenger Segment Vehicles for entire Surat Region and dexterous in managing other vehicle segments.Responsible for overall retail lending operations from identifying potential customers, loan appraisal, loan sanction, documentation formalities and disbursal of loan.Formulated innovative sales and marketing strategies to generate favorable disposition in customers’ minds. Analyzed market intelligence to align business strategy accordingly. Show less

Mumbai Area, India

Responsible for the Appraisal of the Credit worthiness of loan for Auto Loans, Personal Loans and Normal Loans (Consumer durable goods).Handled the Credit Underwriting: credit decision within the required TAT. Calculation of loan documentation and financial processing.Credit Approval of deals as per authorized limits; recommend and forward to appropriate authority in case of higher limit / deviation/deferral.

General Management Program, Dubai, General Studies

8 month program held at Dubai & Ahmedabad.

Diploma In Business Finance, Finance

Bcom, Commerce

Activities and Societies: National Social Service

Senior Secondary Certificate