Sanket Suvarna

Assistant Credit Manager @New India Co-Operative Bank Limited., Mumbai

Mumbai, IN

As an Assistant Credit Manager, I am responsible for managing, evaluating, and mitigating credit risk while ensuring strict adherence to Regulatory Compliances and internal credit policies. My expertise lies in underwriting high-value loan proposals, conducting comprehensive risk assessments, and implementing credit control measures to maintain a healthy loan portfolio and minimize NPAs.I oversee the entire credit evaluation process, from thorough due diligence and collateral verification to final loan approvals, ensuring that each proposal meets regulatory and risk-adjusted lending standards. I work closely with stakeholders, internal as well as external vendors, to gather critical financial insights and ensure seamless credit operations. My role involves structuring credit facilities, analyzing financial statements, and determining creditworthiness while maintaining strong vendor relationships for timely reporting, title searches, and legal audits.Beyond credit evaluation, I focus on process automation and operational efficiency, having successfully integrated compliance measures into Finacle Core Banking System to streamline penal charge processing and post-disbursement tracking. This automation has led to improved loan servicing efficiency and regulatory compliance.I play a key role in credit risk mitigation by monitoring financial distress signals, managing overdue accounts, and implementing recovery strategies. I oversee debt counseling, restructuring, and settlements, ensuring risk control while maintaining borrower dignity. By aligning credit decisions with the bank’s risk appetite, I support portfolio stability, new credit product development, and business growth.My commitment to excellence in credit risk assessment, regulatory compliance, and portfolio management ensures that the bank maintains a strong, risk-optimized lending framework while fostering long-term financial stability.

Indian Institute of Banking & Finance (IIBF)

Certified Credit Professional (CCP), Credit Management

Prahladrai Dalmia Lions College, Malad

Bachelor of Commerce (BCom), Accounting, Finance and Economics

Mgm Academy, Virar

7th Grade

John XXIII High School

SSC - Secondary School Certificate, Schooling

Indian Institute of Banking & Finance (IIBF)

CAIIB (Certified Associate of IIB&F), Banking, Corporate, Finance, and Securities Law

Indian Institute of Banking & Finance (IIBF)

JAIIB, Core banking transactions and Laws regulating banking Like SARFAESI Act Loan related provisions

Shailendra Education Society’s Arts, Science & Commerce College, Shailendra Nagar, Dahisar (E) Mumbai - 400 068.

Master of Commerce (M.Com), Advance Accountancy