Waqar Akhtar Elahi

Waqar Akhtar Elahi 118-A, Model Town, Lahore:-:-_______________________________________________________________________________________________ SENIOR EXECUTIVE – OPERATIONS POLICY, RISK MANAGEMENT, BUSINESS PROCESS MODELLING Profile Synopsis: Enterprising, goal-oriented and dedicated professional with more than 20years of experience in the banking sector, specialize in credit analysis with comprehensive knowledge of credit risk underwriting methodology. Career Objective: Currently seeking a senior role in the banking / non-banking financial company / financial services sector to apply expert knowledge and professional competencies in business management and operations control, generate revenues and improve bottom-line. _______________________________________________________________________________________________ AREAS OF EXPERTISE      Banking Operations Loan Appraisals BASEL II Norms Financial Products and Services Moody’s Credit Risk Solutions      Credit Policy Development Non-Performing Assets Control Basel Core Principles (BCP) Business Development Moody’s Analytics & Research Tools      Credit Risk Management Statutory Compliance Credit Services Supervision Client Relations MS Office _______________________________________________________________________________________________ PROFESSIONAL EXPERIENCE Noor Bank PJSC, Head Office (Dubai, UAE) Senior Credit Manager, Corporate Credit Risk Underwriting Department ~ Jun 2015 to Aug 2017 Highlights: Credit Management Committee Tasks:  As Member / Invitee, Credit Management Committee, participated in Credit Risk Modelling, actively monitored bank’s portfolio and reinforced internal risk management practices.  Oversaw credit processing for various types of finance that included Corporate, Commercial, Real Estate, Project Financing, Syndicated Loan, Sukuks, Investment / Equity Participation and Restructured Loans.  Collaborated with committee members and finalized key decisions pertaining to loan sanctioning to corporate enterprises and individual applicants, authorized credit limits on receipt of special request; designated signing authority for credit sanctions.  Discussed action plans during meetings to manage NPAs and deliberated upon one-time settlement offers to recover bad loans / chronic NPAs in line with banking regulations. Key Responsibilities: Departmental Leadership - Credit Services:  In conjunction with Unit Heads and Head of Corporate Banking, evaluated effectiveness of financing schemes offered to clients, reviewed business results and developed a range of credit services to suit short-term and long-term funding requirements of companies.  Directed a team of Credit Officers, monitored the process of gathering and presenting applicants’ financial information and ascertained the completion of physical verification of security and client visits in time.  Ensured credit proposals were studied, analysed and submitted to the sanctioning authority in time.  Planned and coordinated internal and external audits, provided required information to auditors and noted non-conformance to initiate changes. Risk Management:  Devised and implemented operational controls to ensure compliance with statutory guidelines governing banks and financial institutions in the region and prevented fraudulent business activities.  Applied risk management techniques and principles to identify, control and reduce risks involved in granting credit facilities to borrowers, monitored repayment schedules and patterns to anticipate losses in advance.  Defined credit exposure ceilings for retail and corporate borrowers and when lending to specific sectors; obtained approvals from the Central Bank in case of additional credit exposure above the set exposure norms.  Assessed and determined the quality of bank’s assets regularly, recommended changes to strengthen the credit appraisal process and increased reliability and accuracy of decisions. Emirates Islamic Bank, Head Office (Dubai, UAE) Page 1 – CV of Waqar Akhtar Elahi Senior Credit Manager, Corporate Credit Risk Underwriting Department ~ Aug 2004 to May 2015 Highlights: Branch Establishment and Commencement of Operations:  Oct 2004: Contributed to the commencement of branch operations at Dubai and set-up internal processes for the Corporate and Retail Credit Divisions.  2004 to 2006: Independently led the Retail Credit Division, offered personalized services to retail customers, provided competitive financing schemes and ensured swift processing of credit applications. Software Implementation - Moody’s Analytics and Research Tools:  Worked with external consultants and internal technical team to ensure time-bound implementation of Moody’s credit risk solutions and analytics and research tools.  Trained end users such as business and credit teams throughout the bank to ensure accurate and maximal utilization of the Moody’s Risk Rating System. Key Responsibilities:  Worked with internal teams to develop the credit policy for retail and corporate banking divisions, handled loan origination and appraisals.  Defined credit risks after studying client profiles and specified credit limits based on clients’ current financial stability and estimated repayment capacity.  As Member / Invitee of the Credit Management Committee, appraised high-value credit proposals and presented findings to the Committee.  Addressed operational issues to reduce application processing lead time and administrative costs, guided Credit Officers to enable prompt completion of departmental tasks.  As Coordinator for internal and external audits, provided business information and records for perusal during audits; worked with other departments, as required, to respond to auditor queries. Habib Bank Limited (Now HBL) (Lahore, Pakistan) Relationship Manager, Commercial Banking ~ Apr 2002 to Jul 2004 Key Responsibilities: Business Development:  Contributed to the sales and marketing function, created marketing campaigns to reach new geographies (both urban and rural) and effectively communicated the value proposition through planned customer interactions.  Scanned the market for business opportunities, identified prospects in the retail and corporate segments, scheduled meetings and presented the sales pitch; provided information on products and services on offer. Operations Management:  Received and studied loan proposals, analysed creditworthiness of applicants, conducted physical verification of security / collaterals offered by applicants and forwarded recommendations to the sanctioning authority.  Ensured completion of prescribed Know-Your-Customer (KYC) formalities and maintained records in the core Banking System (CBS) pertaining to each transaction in every account as mandated under banking regulations.  Liaised independently with the Head Office and auditors to provide business information and customer data and assisted in meeting compliance requirements of record-keeping, branch license, KYC, reserves etc.  Coordinated compliance audits for bank’s portfolio management services, monitored internal processes and ensured customers received reliable advisory on wealth creation and management. Client Relations:  Established and maintained excellent business relations with assigned key accounts (HNI clients, corporate enterprises), grew client-base and obtained new contacts to enable business development.  Extended support to clients in completion of paperwork, expedited processing of service requests (to avail banking services) and provided tips / inputs in the areas of internet / mobile banking, money transfer etc. ______________________________________________________________________________________________ PREVIOUS ASSIGNMENTS AT LAHORE, PAKISAN   Aug1995 to Mar 2002: Credit Officer, Soneri Bank Limited Oct 1993 to Jul 1995: Credit Officer, Union Bank Limited _____________________________________________________________________________________________ EDUCATION  Marymount University Arlington, VA Master’s in Business Administration - Specialization in Finance (Jul1993)  Marymount University Arlington, VA Bachelor’s in Finance (Dec 1991) Page 2 – CV of Waqar Akhtar Elahi _______________________________________________________________________________________________ PROFESSIONAL DEVELOPMENT CERTIFICATIONS:  May 2007: Corporate Valuation & Analysis Techniques, London, UK  2006: Implementation of Basel II in UAE, Abu Dhabi, UAE  Risk Management in Banks  Islamic Banking Products _______________________________________________________________________________________________ PERSONAL DETAILS Nationality: Pakistan ~ Date of Birth: 21/09/1968 ~ Marital Status: Married Language:Fluent in English and Urdu ~ References can be furnished on request Page 3 – CV of Waqar Akhtar Elahi