Saif Siddiqui Email & Phone Number

Manama, Capital Governorate, Bahrain

• Formulate, Implement & Manage credit control activities related to loan documentation, collateral perfection, loan disbursement, monitoring, compliance & reporting of corporate customers as per Bank’s credit.
• Align operational procedures with policies to ensure no operational loss, formulate Service Level Agreements (SLA’s) & Standard Operating Procedures (SOP’s) for smooth services to business partners.
• Ensure collaterals are perfected & in place as per credit approval terms. Issue Disbursement Authorization Certificate (DAC) after complete review of account in line with the documentation check list.
• Ensure interest rates, limits & repayment schedules, earmarking of limits, reallocation and reinstatement of limits are correctly encoded in core banking system by the team as per approved terms & conditions.
• Ensure that checklists as per the standard operating procedures for credit control activities related to loan documentation, collateral perfection, credit documents are regularly updated & maintained.
• Facilitating the team in preparing various credit MIS reports for effective credit management.

Karachi, Pakistan

• Managed a team of four (05) staff. Core responsibilities included but not limited to:
• Plans, prioritizes, allocates and supervises the work 4 team members to ensure expeditious handling of Business requests and consistency with prescribed policy and criteria.
• Ensures the effective and accurate implementation of credit control policies and procedures by checking the work done by junior staff; Monitor the performance level of staff reporting to me.
• Manages, develops and motivates staff to ensure team objectives are met, including the timely completion of related departmental administration.
• Participate and contribute for Risk Management awareness (control procedures) and assist the Senior Management by providing appropriate and accurate information regarding deficiencies observed, follow up and steps.
• Co-ordinate with auditors (internal and external) by providing the required details and ensure rectification of their observations within the prescribed time.

Karachi, Pakistan

• My key responsibilities during the period included;
• Preparation and review of legal documents of various financing facilities.
• Follow up with RMs for removal of discrepancies made by branches to smooth line the disbursement process and Issuance of Disbursement Authorization Certificate assuring all parameters fulfilled.
• Providing guidelines to the team members for credit policies, procedures and SBP Prudential Regulations, and train the junior staff for potential substitution plan.
• Registration of charges (Hypothecation / Mortgage) in SECP; completion of required formalities, follow up etc.
• Submitting periodic unit exception reports to Business Unit and

Karachi, Pakistan

• Preparation of Facility Advising Letter, IB forms and their follow up with branches for both renewed & fresh facilities.
• Scrutinize documents received from RM/Customer duly executed. Discrepancy, if any to be intimated to RM immediately.
• Monitoring of Stock Reports, Insurance Policies & related expiries, liquid security maturity dates etc. through various MIS.
• Dealing with Pledge Activities on Pakistan Basis and issuance of Delivery Orders.
• Monitoring of Drawing Powers of Pledged Goods.
• Input of Limit/Markup rate/Collateral etc. in MISYS Core Banking system.

Karachi, Pakistan

• Preparation of IB forms and their follow up with branches (in consultation with Branch for stamp form cost).
• Update branch for any deficiency in documents received and return documents to branch for rectification. Maintain follow up for retrieval including temporary out.
• Registration of charges (Hypothecation / Mortgage) in SECP; completion of required formalities, follow up, arrangement of Legal Opinion, Valuations and Search Reports from bank's lawyer/valuer.
• Prepare Final check list after physical reviewing of security and security documents file/ lodgement register including property documents and liquid security for issuance of DAC.

Karachi, Pakistan

• Responsible for initiation of cases along with documents completion, handling and processing related issues from approval to disbursement.
• Responsible to develop customer relation with bank for Home Loans.

Master Of Business Administration (M.B.A.), Accounting And Finance, 3.6 Cgpa

Bachelor Of Commerce - Bcom