Samit Dey Email & Phone Number

Maharashtra, India

Mumbai (Maharashtra), In

Credit & Risk Management

Mumbai, Maharashtra, In

>I was hired laterally to introduce global best credit risk mgmt practices during the transformation phase and was mainly responsible for leading, planning and managing Credit Risk (e.g. Credit Evaluation, Credit Approval, Credit & Risk Policies, Governance, Credit Rating, Industry Risk, Portfolio Risk, Concentration Risk, FIG Risk, Country Risk, International Risk, Risk Strategy, Risk Infrastructure,ERM, Vendor Mgmt, EASE, Merger) and supervised, mentored and coached the team on a regular basis and ensured that Corporate Credit Risk function of the Bank is in accordance with the Board approved policies. >Ensured underwriting/vetting of credit proposals originated from PAN India/International Centres from credit risk angle, early detection and mgmt of emerging risks and approved/recommended for 3000+ high value proposals of Large/ Mid/SME Corporates (incl. International Corporates),Project Finance, MNCs, FIs after analyzing industry dynamics, mgmt setup, operations and financial performance, and identification of key risks, and articulation of credit risk views in Corporate Office level Credit Committees along with risk mitigation measures. >Defined service strategy for the CO/Zonal/ International Approval & Risk Mgmt teams to ensure quality control of credit risk mgmt function and ensured TAT along with stakeholders mgmt. >Ensured ongoing monitoring of portfolio including tracking of developments, Industry/ Sector Outlook to identity the Early Warning Indicators and devised appropriate mitigation strategies. Reviewed regulatory guidelines pertaining to credit risk to update policies and procedures. Handled Risk Based Supervision to ensure timely address of regulatory concerns. >Oversight of International risk regulatory changes implementation through policies, products, process, governance along with credit approvals and monitoring of Syndicated/Bilateral deals originated from USA,UK,UAE,Singapore, Australia branches of an International operations of the Bank.

Doha, Qa

>Set-up the Country Risk Department from scratch (Founder Startup Team Member). Established firm-wide policies, processes & procedures, co-ordinated risk mgmt activities across business units and functions, and assessed overall risk associated with the operations at regular intervals, as a second line of defence.Was a core member of various Local & Group level committees such as ALCO, MANCO, Risk with dual reporting to the Group Credit & Risk Head and dotted line reporting to the Country CEO. >Responsible for quality of the lending portfolio through timely underwriting and prudent credit approval of corporate proposals. Formulated, reviewed and updated wholesale credit, credit risk policies & SOP's in line with best International market practices, and also provided an oversight to the critical elements of risk mgmt and reporting practices, data analytics to develop insights into credit risk trends, and optimize credit risk mgmt strategies.>Set-up the Country risk (SBL/GBL/sector/industry/FIs) limits, risk appetite statement, roll out of Moody's Rating Model & Governance and credit due diligence process. Tracked economic, political, social, industry dynamics and regulatory trends to analyze the impact on bank's asset and investment base at regular intervals.>Supervised the day-to-day work of the team with major focus on talent development and productivity in the areas of corporate credit underwriting and credit approval, analysis of credit / investment / counterparty /FIG Credit risk, Operational risk, new product risk assessment, stress testing, ICAAP, IT & Security risk governance, monitoring of credit/market/liquidity risk exposures against limits at Country and Group level, approval of various policies and products from risk perspective, early warning indicators, oversight of credit administration function and all regulatory matters, frequent interactions with the regulatory authorities for a Risk Based Supervision

Doha, Qa

>I joined the newly setup Bank and managed functions related to underwriting & credit approval of corporate,commercial & retail/investment proposals,implemented suitable risk analysis procedure for the purpose of granting loan/ treasury/trade finance products to large and mid corporate houses(turnover in the range of INR 7.5 bn- INR 80 bn), and approved/rejected/modified credits as per the underwriting criteria/credit strategy duly approved by the Board. Was a core member of the Credit, ALCO and Risk Committee with dual reporting to the Group CRO and the Country CEO. > Mentored the team in articulation,review and updation of credit,risk policies &procedures,credit rating framework,credit risk model governance and maintenance, products and established risk infrastructure and sound credit risk mgmt system for the Bank's India operations in line with best practices and supervised the day-to-day work of the team, talent development along with regular interaction with Local and Group stakeholders. >Portfolio Management- Monitored financial position of the borrowers, rating trends, unit/site visits at regular intervals, sectorial updates by regular meeting/discussion with the Promoters/ CFOs of companies /rating agency officials/industry experts/risk professionals. Also, picked early warning signals and suggested remedial measures for problematic accounts along with monitoring and review of risk limits at regular intervals.>Recommended exit/reduction in the exposure as part of credit risk measures and safeguarded the potential problematic accounts from turning into an NPL's on the basis of market intelligence.>Identified risks with regards to new business strategies,credit/treasury/trade finance/retail/investment structured products,other emerging risks while critically reviewed and advised the business to mitigate and control risks in accordance with bank's risk appetite. Also, handled the RBI 'Risk Based Supervision' related to Credit & Risk matters efficiently.

Mumbai, Maharashtra, In

>Led the team and critically vetted/ analysed credit risks in 1500+ credit proposals of India's Top Conglomerates, MNCs, PSUs and Mid Corporate Companies (turnover in the range of INR 5 bn - INR 100 bn) across diverse sectors/industries (including Project Finance e.g. Road, Power, Port etc) and articulated an independent credit risk views/ credit risk mitigants along with validation of ratings for borrowers from the Corporate and Commercial Banking segment with an eye towards spotting adverse credit migration, emerging risks and recommending account strategies, thereby ensuring minimum deliquencies. > Tracked Corporate & Commercial Credit portfolio which includes monitoring economic and industry developments as well as financial parameters of clients to detect potential risk triggers and credit weakness and suggested remedial measures in ~100 accounts and safeguarded the credit exposures of ~ INR 15 bn on the basis of credit risk appraisal, macro level study and market intelligence.>Collaborated with cross- functional teams to assess and recommend improvements related to credit approval process.

Kolkata, West Bengal, In

> As a Unit Head, led the team of Credit Analysts and support staff in credit underwriting of India's Conglomerates and Corporate Houses(including Project Finance e.g. Road, Power, Port, Social Infra etc), and worked closely with Head Office to support new business by regular interaction with Promoters/ CFOs of the companies. >Recommended high ticket size credit proposals (fresh/ enhancement/ review/ modification) and presented to the Committee of Executives. Played a crucial role in growing the corporate credit and trade finance business of Corporate Finance Branch, Mumbai from INR 300 bn to INR 650 bn in a span of 3.5 years with ZERO delinquency in assigned credit portfolio (175 Corporate Accounts of ~ INR 200 bn, Turnover ~ INR 5 bn to INR 70 bn). >Credit Risk Management- Complete ownership of the assigned wholesale credit portfolio covering corporate coverage & syndication, credit underwriting, stress asset management, financial statement analysis, policy compliance, credit rating, credit operations, frequent regulatory interaction, ensuring submission of regulatory returns, monitoring of accounts (including unit/site visits, attending/organizing consortium meetings at regular intervals and execution of documents) of more than 300 Corporate Houses across diverse industries/ sectors. Also, was a core member for testing/implementation of new corporate credit rating models, loan origination system, annual review of Credit Policy and related procedures exercise of the Bank.

Kolkata, West Bengal, In

>As an individual contributor, I was responsible for credit underwriting of wholesale and commercial banking credit proposals which includes credit due diligence, coverage, modelling, financial statement analysis, credit rating of the assigned credit portfolio of Zone along with recommendation of loan approvals, rejections, or adjustments based on risk evaluation and bank lending policies, and addressing the concerns / queries of sanctioning authorities. Additional responsibilities for processing loan application of high ticket size retail products.>Ensured compliance with banks credit and risk policies & procedures and internal control framework, overall portfolio hygiene, Basel implementation, credit risk management, credit operations and operational risk. Also, headed the branch in Suri, West Bengal for a period of 3 months.>Analysed the credit risk associated with the loan portfolio of Zone and assisted the Zonal Credit Head in mitigation of emerging portfolio risk.

Mumbai, Maharashtra, In

>Capital market back and mid office investment,settlement and operational risk management.

>Fundamental and technical analysis of commodities, writing research reports and portfolio risk management.

Mumbai, Maharashtra, In

Corporate Finance

Master Of Business Administration - Mba, Finance And Financial Management Services

Bsc - Bachelor Of Science, Mathematics Honours, Physics, Chemistry

Certified Associate Of Indian Institute Of Bankers (Caiib), Risk Management, Corporate Finance And Banking Law

Certificate In Corporate Banking, Corporate Banking

Certificate In International Banking, International Banking