Prashant Padave Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

Designing new Product &/or Process (right from conceptualization to launch and subsequent monitoring), evolving existing product / process, addressing gaps and taking corrective measures.Facilitate sales team engagement with all other channels (branch, business correspondence, referral partners, etc.) for continuous flow of business.Constant engagement with all stakeholders to control the inventory movement, improvement of TAT & right reflection in MIS.Constant engagement with Sales Team to take feedback on product / process and suggest solutions / taking corrective measures.Review of business & product through monthly dashboard on key metrics (Leads, Logins, disbursement, TAT, Approval Rates, etc.)Working closely with All stakeholders (which includes but not limited to Sales, Credit, Policy, Ops, Compliance, IT, etc.) to facilitate the Product / Process related initiatives / changesOnboarding of new Corporates into the SCF business by doing end to end management, right from pitching to Corporates till completion of entire documentation process.To support the Corporate in fulfilling their requirement related to IT development.Lead management, right from taking new leads from Corporates, coordinating with various internal teams for processing the cases and updating the status of the cases.

Worli Axis House

-Set up the Trade Advance business for vehicles ( Two Wheeler) dealers for the bank as a part of new business launched under the Retail Banking (Assets) division.-Design and developing the product and policies.-Responsible for maintaining and developing manufacture and dealer relationship.-Product program Roll out- Liaison as process owner with Sales/ Finance/ Credit/ Operations/ Risk and other stake holders.-Laying down process and policies and imparting training.- Review of process and policies at regular intervals.- Responsible for growth of the portfolio ( revenue growth) while maintaining the quality.- additional responsibilities handled under the Retail Banking ( Assets) division:-was responsible for the overall growth of the two wheeler loan business through development of verious scheme with the manufacturer and dealer.-Had established and set up the retail Two Wheeler loan business.Achievements:- Successfully launched the Trade Advance working capital product in the market for Axis Bank Limited.- Using the technological platform of the bank, designed and delivered web based product.

Mumbai, Maharashtra, India

Mumbai

-Responsible for managing the Banks supply chain Finance portfolio (combination of Two Wheeler and Consumer durable dealer).-Responsible for pre-screening, evaluation and assessment of the business cr sit risk for new dealers to mitigate and reduced the exposure of the bank. Ensured and assessed that requisite level of collateral are in place and banks exposures is mitigated.-portfolio management with respect to deliquencies, early warning, and monitoring customer with risk profile etc. controlling deliquencies and NPAs with support from collections.Achievements:Achieved 100% revenue generation target in the first.Migration of TA business into interest bearing smoothly without holding any limits

Mumbai, Maharashtra, India

More than 10 years of experience in banking and finance industry with core product management and operational experience in the supply chain finance majorly in automobiles and consumer durables segment.Responsibilities:• Maintained a portfolio of Rs. 1200 Cr. by promptly addressing their daily needs.• MIS preparation for Sanctions v/s Utilization of the Inventory funding & Trade Advance Limits to the respective dealers on daily basis & weekly review of the same with the Business Head.• Scrutinizing documents w.r.t the company policy & query resolution of the discrepant documents with the dealers for processing of new dealer funding requests.• Carrying out reference checks with known people of any particular industry to verify the credibility of the customer in the market.• Follow up with Credit department to ensure that all the queries of the Credit team are clarified.• Finishing the entire Pre-disbursement and Post- disbursement process.• Enhancing Relationship with the Manufacture and existing client for getting future business.• Reconciliation of the daily remittances made to respective dealers through various modes of disbursements under Inventory funding & Trade Advance facility & obtaining confirmation of the same from the manufacturer & dealers for each transaction.• Data preparation & analysis on a monthly basis to ascertain the size of the portfolio comprising the various aspects like Interest, Utilization & book size.• One point contact for handling Property Valuation report, Title search Report & Equitable mortgage processes through close coordination with the Legal team.• Instrumental in system development, UAT & implementation for smooth functioning of the daily operations.• Conducting preliminary working on eligibility calculations on auto dealerships, doing sales projections, expansions plans and profile of the group entities.

Mumbai, Maharashtra, India

Mumbai, Maharashtra, India

Mumbai, Maharashtra, India

Mumbai, Maharashtra, India

Calculating Working Capital Eligibility of Two Wheeler DealersPreparing FinancialsPreparing Credit Approval Memos (CAMs) based on WCETracking Dealer?s current a/c balance in Finware ? Telnet PresenterPreparing weekly Overdue & Utilization ReportsPreparing Tracking Reports ? Inventory Funding & Trade AdvancePreparing monthly MIS & Newsletter.Handling inter-departmental queries related to Retail Credit data.Preparing Internal RBI De-dupe for Dealer