I have fourteen years of accounting and banking experience in various departments such as IT, Risk Management, Credit Administration and in regulatory reporting. I have the ability to deal with work pressure and time-bound tasks. I have extensive knowledge of working practices in the banking industry especially related to IT, Regulatory Reporting and Credit Administration. I had developed and had helped in developing centralized reporting systems and various core banking modules integrations related to reporting and credits. During my stay in MCB’s CRCD IT department I had the opportunity to work with various databases for the purpose of creating/writing queries to extract the data from database for working and reporting purposes. Some of my major achievements are as follows: Received employee of the month award in October 2017 in MCB in recognition of extraordinary performance.Automated post disbursement monitoring process in MCB.Lead the project for migration of ex-NIB portfolio from T24 to symbols 8.5.Centralization of regulatory and internal credit reporting in following banks:1. The Bank of Punjab Reporting of credit portfolio of Rs. 270.00 Billion. 2. KASB Bank LTD Reporting of credit portfolio of Rs. 40.00 Billion.3. Bank Islami Pakistan LTDReporting of credit portfolio of Rs. 75.00 Billion. 4. Apna Micro Finance Bank LTD.Reporting of credit portfolio of Rs. 11.00 Billion.Got promoted after successful centralization of reporting in the BOP.I was Part of a team that developed and implemented asset modules in core banking software in AMBL.Designed system for credit approvals, disbursements, collateral control, insurances, pledge stock inspections, expiries and, weekly status in AMBL.Automated markup rates in the core banking system in KASB.Developed Term Finance and collateral module in core banking system KASB.Part of the due diligence team of KASB Bank LTD and assisted Bank Islami Pakistan LTD, JS Bank LTD and, The Bank of Sindh in their due diligence task.Provided onsite training in sixty branches of Apna Micro Finance Bank LTD related to Prudential Regulations, Bank’s Credit Policy and, Core Banking System.
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Manager AccountsOmega Fintech Llc Dec 2022 - PresentLahore, Punjab, PakistanWorking as a Manager Accounts and handling accounts of the following companiesGuest WorldWide a Sysco Company, GuestSupply, Manchester Mills, Gilchrist & SoamesCurrently, I am performing the following tasks for all of the above-mentioned companies:Accounts reconciliation of general ledgers with sub-ledgers/subsystems.For Accounts Payable, Accounts Receivables, Fixed Assets, Prepaid Expenses, Accruals, Intercompany Statement Balancing, Bank Accounts ReconciliationPosting journal entries related to accruals, expenses, and other assigned accounts.Maintaining fixed assets system and depreciation-related entries in the system.Maintenance of Outside Storage, Temporary Labor record, and follow-ups for accurate accruals booking in the ERP system.Creation of various reports for the analysis of period-to-period Sales, Gross Profit, and COGS. -
Manager Credit AdministrationHbl - Habib Bank Limited Mar 2022 - Dec 2022Lahore, Punjab, PakistanManaging Banks’ corporate portfolio with the following aspects:Preparation of standard and nonstandard documentation as per financing approval and facility offer letter.Review of security and control documents.Registration of charges with SECP.Issuance of NOCs for charge upgrade and charge satisfaction.Review of security-related documents as per the bank’s policy and approval.Review of insurances, valuation reports, stock reports.Data update in the system with respect to deferrals, approval monitoring condition related to CAD, collateral management system, and other ticklers related to stock reports, insurance, and valuations. -
Assistant Vice President I - Manager Mis NplThe Bank Of Punjab Nov 2021 - Feb 2022Lahore, Punjab, PakistanManaging and reporting of Banks’ SME NPL portfolio with the following aspects: Arranging full scope and desktop valuations for taking FSV benefits. Monthly reporting of NPL, provisions, litigation, over-dues, recoveries, restructuring of loans and, write-off. Reporting of annual disclosure of write-off loans in the bank’s financials. Reporting of settlements of accounts to RMG and SBP. Monthly, Quarterly, and Annual SBP returns. -
Team Leader - Credit Risk And Control Division (Risk Management)Mcb Bank Limited Dec 2016 - Nov 2021Lahore, PakistanCRCD’s IT, Reporting, and Audit:I was part of the team who had developed the access bases MIS for the internal use of CRCD.I was part of the team that developed the web-based MIS system and migrated the access data into the Oracle database.Created various internal controls and processes based on the previous five years of audit reports and necessary amendments were done to the existing process, policies, and controls.Automated various reports and worked based on the existing systems available with the bank.During my work in CRCD’s audit department, I had the opportunity to work in Excel and in various databases for the purpose of creating database queries and reports to extract the data for reporting purposes. Post Disbursement Monitoring:Monitoring of CF, ERF, FAFB, FAPC, and FIM all trench-based facilities for overdue.Incorporation of UERs in the system. (Unit Exception Report) Balancing of bank’s various General Ledgers with daily disbursements and adjustments.Collateral updation in the core banking system.Liaison / Consultation with the Legal Counsels regarding:Preparation of Non-standard documents while ensuring that these are fully compliant with the Bank’s / Regulatory requirements.Corporate Affairs & SECP matters [Charge creation & Search Reports]. -
Assistant Manager CadApna Microfinance Bank Limited Oct 2015 - Dec 2016Head Office LahoreImplementation of Credit Lines (in conformity with the Credit Policy & Regulatory stipulations) for borrowers, after ensuring that:Proper checks and balances are maintained with regard to correct utilization (viz. amount, pricing, tenor, collateral, etc.) of credit facilities in accordance with the terms & conditions of the Credit Approval.All loan documentation relating to transactions is scrutinized, verified to be legally enforceable (in consort with the Legal Counsel), and lodged in the vault.Implementing the Credit lines after ensuring that collateral and securities are effectively controlled and monitored.An effective follow-up system for routine actions (i.e. documentation, collateral, etc.) is in place and all irregularities are recorded & reported as required.Issuance of Disbursement Authority.Implementing the System Operations with regard to:Boarding of Limits and setting the approved pricing and their expiries upon completion of documentation and setting the criterion.Lien marking and removal in the system.Verifying User inputs for different Modules.Resolving disputes arising between the Legal Counsels/Evaluators/Outsourcers, regarding:Preparation of Non-standard documents while ensuring that these are fully compliant with the Bank’s/Regulatory requirements.Evaluations & Stock Inspections.Conducting independent inquiries for Legal Counsels/Evaluators/Stock Inspectors through Market checks for respective enlistments/de-listing on the Bank’s approved panel.Managing problem-solving & providing optimum service to the Internal Customers through meetings with the Business Heads & compliance with the Internal Service Measures.Liaisoning with the Central Bank/External/Internal Auditors for Credit Reviews.Supervision of Pledge Management.Supervision of Credit Administration Data factory. -
Officer CadBankislami Pakistan Limited Jun 2012 - Oct 2015Regional Office LahoreEvaluating/scrutinizing documentation for Corporate, Wholesale Banking Group, SME, BB, and Staff Finance.Issuance of Disbursement Authority.System {MISYS} Input:Boarding of Limits, Rates, and Expiries in the system upon completion of documentation and the set criteria. Linkage of Borrower’s Credit Limit accounts with the Interest nominated accounts.Setting the Mark-up frequencies upon adjustments.Uploading the Collateral management module.Revision of Mark-up rates, i.e. monthly, quarterly, bi-annually.Liaison / Consultation with the Legal Counsels regarding:Preparation of Non-standard documents while ensuring that these are fully compliant with the Bank’s / Regulatory requirements.Corporate Affairs & SECP matters [Charge creation & Search Reports].Ensuring effective & vigilant controls over the:Pledge Management [Monitoring of Pledged Stocks]Cash Collateralized Asset Product. -
Officer CadThe Bank Of Punjab Dec 2010 - Jun 2012Head Office LahoreSpecial assignments allocated to accomplish & rationalize the task of indecipherable data, monthly reporting to the State Bank of Pakistan.Fully responsible for the reporting of static and financial dataMonthly eCIB reporting to the SBPMonthly updation of financial and non-financial data.Have invariable liaison with the respective RCADs to always keep the static data (eCIB-I) updated in accordance with the latest CA/Documentation.eCIB summary of data fed into the module of each region is carefully compared and tallied with the source document/system generated report by each functionary before forwarding to main server.Comparison and harmonizing with SOA of total advances on monthly basis before reporting to SBP.Preparation of ECIB.Maintained the Overdue Status.Centralized the eCIB reporting of the bank.Automated the reporting process.
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Operations OfficerBurj Bank Limited Oct 2009 - Dec 2010M.A Johar Town LahoreFully responsible for all kind of account opening in all aspects.Term Deposit Receipt issuance and profit calculation of special rates and all other related issues regarding premature encashment and partial redemption of term deposit.Inward Clearing.Outward Clearing.Intercity Clearing.Outward Bills for Collection.Local & Online Transfers.Remittances (PO).Administration.Cheque books, ATM Pins/Cards issuance and balancingCustomer Relationship Management.Deposit Mobilization. -
Customer Service RepresentativeLive Admins Jan 2005 - Dec 2008LahoreLive Chat Representative
Umar Sajjad Skills
Umar Sajjad Education Details
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Skans School Of AccountancyA -
Cfe
Frequently Asked Questions about Umar Sajjad
What company does Umar Sajjad work for?
Umar Sajjad works for Omega Fintech Llc
What is Umar Sajjad's role at the current company?
Umar Sajjad's current role is Manager Accounts at Omega Fintech LLC.
What schools did Umar Sajjad attend?
Umar Sajjad attended University Of The Punjab, Lahore, Skans School Of Accountancy, Cfe.
What are some of Umar Sajjad's interests?
Umar Sajjad has interest in Swimming, Traveling And Tourism, Esports, Badminton.
What skills is Umar Sajjad known for?
Umar Sajjad has skills like Ruby On Rails, Ruby, Rubymine, Sinatra, Flask, Python, Node.js, Postgresql, Mysql, Mongodb, Php, Banking.
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Umar Sajjad
Sustainability | Operational Excellence | Organisational Development | Qms | Process Control ProfessionalKarāchi2yahoo.com, alkaram.com -
Umar Sajjad
Executive Accounts & Finance - Bsc (Hons) In Applied Accounting - Oxfords Brooks Business Schoolacca (9/13) | Certified Xero AdvisorRawalpindi -
Umar Sajjad
Rawalpindi2iit.edu, iit.edu -
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