SARAVANA KUMAR
Debt Manager
Coimbatore
Summary
Forward-thinking Operations Specialist bringin 15 years of expertise in Debt recovery, Loan documentation for Banking sector businesses. Cultivates rapport with individuals to optimize project goals and output, resolve complex problems and deliver innovative improvement strategies. Proficient in Finnale, ROC, Cersa and Microsoft office tools
Overview
17
17
years of professional experience
17
17
years of post-secondary education
1
1
Language
Work History
Senior Officer
DBS BANK INDIA LTD.
11.2017 - Current
- Follow up of NPA borrowers for recovery of dues
- Processing of Claim and all other allied activities for ECLGS portfolio for Pan India with the book size of 130 cr
- Issuance of SARFAESI notices, taking symbolic possession of securities offered and bringing the properties for sale auction
- Coordinating and liaising with Advocates for filing of suits with DRT/CIVIL COURT based on the nature of jurisdiction and ceiling limit
- Filing of Sec 14 under SARFAESI ACT with District Magistrate/District Collector for physical possession of the property
- Sale auction of property and coordinating with recovery agencies for identification of buyers for sale auction
- Adherence to all procedures and process for recovery actions
- Monitored economic trends that may impact client''s ability to repay debts, staying proactive in addressing potential issues.
- Built strong relationships with key stakeholders, working closely with banks, attorneys, and collection agencies to resolve outstanding debts.
- Participated in industry conferences and workshops, staying current with developments in the field of debt management.
- Streamlined debt management processes, implementing new software tools to enhance efficiency.
- Negotiated contracts with vendors to secure favorable terms, resulting in significant cost savings for the company.
- Implemented innovative process improvements that enhanced productivity and reduced operational costs.
- Established strong relationships with key clients to maintain customer loyalty and drive repeat business opportunities.
Officer
The Lakshmi Vilas Bank Ltd.
11.2017 - 10.2020
- Documentation Preparation for MSME, Corporate and Commercial Loan (Above 50Lacs) MODT vetting for the loan accounts
- Disbursement of Working capital loan and Term loan for the MSME, Corporate and Commercial Loan (Above 50Lacs) Unit visit and Collateral visit for the MSME, Corporate and Commercial Loan (Above 50Lacs) MIS data Collection
- (Legal Audit, FFR and SRA) Credit Monitoring of Accounts.
- Assisted in accounts receivable, cash receipts and collections and daily deposits.
- Optimized cash flow by negotiating favorable payment terms with both new and existing customers.
- Handled reporting, filing and collections paperwork for credit group.
- Continuously refined personal knowledge of industry best practices, staying abreast of emerging trends and technologies to ensure the ongoing effectiveness of credit management strategies.
- Managed accounts receivable collections for Coimbatore.
- Supported financial stability by effectively managing credit risks and setting appropriate limits for customers.
- Evaluated customer creditworthiness periodically, recommending adjustments to limits as needed based on performance trends.
Senior Banking Associate
City Union Bank Ltd.
03.2013 - 11.2017
- Advances (Post-sanction and Pre- sanction)
- Monitoring the collection process
- Customer Relationship Management
- Marketing and Branch Operations.
- Served as a trusted advisor to high-net-worth clients, providing expert guidance on investment strategies and wealth preservation techniques.
- Collaborated with legal counsel on contract negotiations and dispute resolutions, protecting the bank''s interests in all matters.
- Oversaw complex loan underwriting processes, ensuring accuracy and timeliness while adhering to strict industry regulations.
- Enhanced team efficiency by providing ongoing training and mentorship to junior associates, resulting in improved performance and increased productivity.
Assistant Manager
Maxbe Industries
03.2012 - 02.2013
- Monitoring the staffs work
- Maintaining TAT as per policy
- Looking the government tenders
- Providing the customer service and completing their requirements.
Customer Relationship Manager
Ujjivan Financial Service Private Ltd
01.2010 - 02.2012
- Increasing branch profit by providing Loans to the branch customers as per their needs
- Maintaining TAT as per policy
- Monitoring the collection process
- New customer Acquisition
- Providing the customer service and completing their requirements
- Control the branch staffs and monitoring the branch sales.
Cashier
Ujjivan Financial Service Private Ltd
05.2009 - 12.2009
Project Assistant
Repco Foundation for Micro Credit (REPCO Bank)
10.2007 - 04.2009
- Maintain the accounts and records
- Maintaining TAT as per policy
- Monitoring the collection process
- New account opening for customer
- Providing the customer service and completing their requirements.
Education
MBA - Business Administration
Bharathiyar University
Coimbatore 04.2001 - 04.2012
Bachelor of Arts - Commerce
VLB Janakiammal College Of Arts & Science
Coimbatore 04.2001 - 04.2007
HSC -
T A Ramalinga Chettiar Higher Secondary School
Coimbatore06.2004
Skills
- Financial Management
- Strategic Planning
- Cash Flow Management
- Budget Forecasting
- Financial Analysis
- Loan Servicing
- Debt Recovery Strategies
- Portfolio Management
- Microsoft Office
Personal Information
- Father's Name: D.Shanmugasundaram
- Date of Birth: 01/19/84
- Gender: Male
- Nationality: Indian
Specialisation
- Finance
- Marketing
Merit Record
Certified in Tally 7.2 By State Project Coordination Unit, Chennai
Extracurricular Activities
Member in Rotract Club. Participated in Various Seminars.
Disclaimer
I hereby declare that all the details furnished above are true to the best of my knowledge.
Timeline
Senior Officer
DBS BANK INDIA LTD.
11.2017 - Current
Officer
The Lakshmi Vilas Bank Ltd.
11.2017 - 10.2020
Senior Banking Associate
City Union Bank Ltd.
03.2013 - 11.2017
Assistant Manager
Maxbe Industries
03.2012 - 02.2013
Customer Relationship Manager
Ujjivan Financial Service Private Ltd
01.2010 - 02.2012
Cashier
Ujjivan Financial Service Private Ltd
05.2009 - 12.2009
Project Assistant
Repco Foundation for Micro Credit (REPCO Bank)
10.2007 - 04.2009
MBA - Business Administration
Bharathiyar University
04.2001 - 04.2012
Bachelor of Arts - Commerce
VLB Janakiammal College Of Arts & Science
04.2001 - 04.2007
HSC -
T A Ramalinga Chettiar Higher Secondary School
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