Gaurav Suman

Manager (Recovery) @Nainital Bank Ltd

Nainital, IN

Actively monitors loan performance to identify potential issues at an early stage.• Recommends proactive measures for addressing Non-Performing Assets (NPA).• Prioritizes the collection of overdue payments from Normal and Watch category accounts.• Suggests remedial actions when necessary to enhance collection efficiency.• Efficiently manages Non-Performing Assets (NPA) to minimize financial impact.• Develops strategic approaches for the effective recovery of loans.• Provides management with analytical insights and reports to facilitate better monitoring.• Ensures timely reporting of Non-Performing Assets (NPA) to internal teams and regulatory bodies.• Initiates recovery processes for any identified Non-Performing Assets (NPA).• Diligently follows up on collections to ensure comprehensive oversight.• Adheres strictly to established Process and Procedure Manuals.• Collaborates closely with business units to mitigate the risk of overdue accounts.• Prepares regular collection and recovery reports for management\'s review and decision-making.• Proposes corrective measures for Early Alert accounts exhibiting signs of distress.• Works in conjunction with the Legal department for any legal recovery requirements.• Engages external recovery partners to optimize collection efforts.• Maintains accurate and up-to-date borrower information for effective tracking.• Manages write-offs judiciously when deemed necessary.• Plays a pivotal role in ensuring compliance with banking policies and regulations.• Supports initiatives aimed at reducing risks associated with loan recovery processes.• Serves as a vital link between various departments to ensure seamless recovery operations.

Central Board of Secondary Education

10th, Science

Central Board of Secondary Education

Senior Secondary (10+2), Non-Medical

Punjab Technical University, Jalandhar

Bachelor's Degree, ECE