SHASHANK RAO

Unit 65,941 Gordon St, Guelph, ON, N1G 4R9 | +1 (647)702 9804 / +91 9833967054 | : raoshashank4293@gmail.com
https://www.linkedin.com/in/raoshashank4293/ | Visa Status: Holding Canada PR (via Express Entry)

ACADEMIC QUALIFICATIONS
 MBA (Banking and Financial Services), National Institute of Bank Management, India, 2019
 Master of Commerce (Accounts and Finance), Mumbai University, India, 2016
 IPCC Group-1, Institute Of Chartered Accountants Of India (ICAI), 2014
 Bachelor of Commerce, SIES College Of Commerce And Economics, India, 2014

PROFESSIONAL EXPERIENCE

Current Organization: INDUSIND BANK, India Nov 2021 –Present

Designation: Credit Analyst (Chief Manager) in the Credit Risk vertical of Corporate and Institutional Banking segment of the bank
Key responsibilities
 Analysis of corporate loan applications initiated by Business/sales team majorly covering key risks such as financial, business,
industry, management and structural risk.
 Credit underwriting of the Large Corporate deals for domestic and global clients having annual turnover greater than INR
15,000 Million, by preparation of detailed credit notes in adherence to Reserve Bank Of India and bank policy guidelines, which
is placed to sanctioning committee for approval.
 Handling portfolio risk management, annual review of credit facilities, credit monitoring for early warning signals, industry
analysis, peer group analysis, monitoring economic and industry developments, and financial parameters of clients to detect
potential risk triggers or signs of stress and taking appropriate steps to mitigate risks.
 Managing fund-based and non-fund based credit products like Term Loan, Bank Guarantee, other working capital and
international trade finance products like Letter of Credit (LC), SBLC, Buyers’ Credit, Pre & Post shipment Export finance,
Overdraft, Cash Credit, Invoice/Bill Discounting, vendor/supplier financing on Trade Receivables Discounting System (TReDS),
Managing derivatives like forward contracts for hedging commodities and foreign currency exposures and interest rate swaps.
 To analyse the credit risk in funding potential clients spread across diverse domains/sectors like Real Estate, infrastructure
construction, textiles, cement, solar power, data-centres, dairy, e-commerce, edible oils, logistics, water treatment, pesticides
trading etc as well as Non-Banking Finance institutions (NBFC) dealing in Housing/retail/corporate finance
 Efficient Coordination with Relationship Managers, clients, Legal and Credit Administration teams for the entire lending,
portfolio management and other day to day activities.

Past Organization: CSB BANK (Formerly known as The Catholic Syrian Bank), India Aug 2019 – Nov 2021
Designation: Credit Analyst/Portfolio Manager in the Wholesale Banking team at Corporate office, Mumbai.
Key responsibilities
 Handling Credit proposals of ticket size greater than INR 250 Million, from corporate clients having annual turnover greater than
5,000 Million
 Credit risk analysis and underwriting of large corporate /mid-market loan proposals post in-depth discussions with clients. Deal
structuring, due diligence, preparation of the credit note to be placed to the sanctioning authority within desirable TAT.
Assessment of credit quality of the existing borrowers via internal credit rating exercise, conducting annual review/ renewals,
credit portfolio monitoring. Also attended consortium meetings, conducted factory visits. Handled multiple credit products and
industries.
 Managing the entire fresh loan lending process end-to-end covering underwriting and obtaining sanction followed by loan
agreement documentation, valuation of collateral security, disbursement in coordination with relationship managers and
operations, legal and risk personnel, and relationship management/client servicing thereafter.

Past Organization: AXIS BANK, India Jul 2014 – May 2016

Designation: Officer
Key responsibilities
 As part of Retail Operations (Central Processing Unit) team, handled the onboarding of retail customers into the bank by
scrutinizing applications, ensuring KYC compliance and timely, error free checking account opening procedures with customer
due diligence
INTERNSHIPS
 HDFC Bank : Summer Internship on project titled “Review of the Money Market, Investment, Primary Dealership and CSGL
processes at Treasury department”- (April-June 2018)
 S. Raghunath and Associates Chartered Accountants: Interned at the audit firm and worked on accounting, auditing, and tax
advisory - (December 2012 – February 2013)

POSITIONS OF RESPONSIBILITY AND PROJECT DURING POST GRADUATION

 Member Of Placement Committee & Student Council during MBA
 Project on Assessing the Global impact of IFRS 9 (Financial Instruments) Implementation across European banks

CERTIFICATIONS & OTHER SKILLS

 Accounting technician by virtue of clearing CA-CPT, IPCC
 Credit Appraisal by CRISIL (a Standard & Poor company), Cash flow-based lending by CARE Ratings, Assessment of Fund/Non
fund based Working capital limits by NIBM, Programme on Trade Finance by Satyadevi Institute of Financial Learning
(Accredited by ACI FMA, Paris)
 Strong interpersonal skills, client management, well versed with banking regulator guidelines, financial analysis, financial
modelling and knowledge of MS Office products.

ACTIVITIES & INTERESTS

 Avid follower of various sports and a gourmand. Other hobbies include travelling, reading, playing cricket and badminton, word
games, and working out at gym, long-distance running.

IMMIGRATION/VISA STATUS

 Secured Permanent Resident (PR) Visa for Canada in March 2023 under the Express Entry programme with a Comprehensive
Ranking System (CRS) score of 493.