Shashikant Nirala
Team Manager@L&T Finance || Ex- ICICI || Asset Management || Wholesale lending || Construction Finance || Credit Risk Monitoring || Credit Control || Credit Admin || Process re-engineering
- Role
- Credit Monitoring at L&T Finance
- Location
- Delhi, DL, IN
- LinkedIn followers
- 500 followers
About Shashikant Nirala
Experienced Credit Operations professional with over 18 years of expertise in wholesale…
Experience
Credit Monitoring
Dec 2017 — Present · New Delhi, IN
Team Manager in Credit Monitoring Group at L&T Finance Limited. Handling wholesale lending of North portfolio.* Handling post sanction aspects of the facilities.*Work closely and co-ordinate with internal stakeholders for various purposes.*Ensure appropriate documentation prior to disbursement of the loan.* Managing disbursement in tranches according to sanctioned terms and compliance of conditions.* Cash flow monitoring for any milestone stipulated w.r.t sales and collections etc.* Co-ordination with Banks and Business for smooth functioning of Escrow Mechanism.* Covenant monitoring as per sanction terms & ensure closure of the same within the defined timeline.* Calculate prepayment and ensure applicable prepayment is collected before we release the NOC for sale of units and keep track of the same.*DSRA monitoring and follow up, if any shortfall observed.* Portfolio review PPT*Early warning signal (EWS) PPT* Closer of Audit observations.*Appointment of external auditors and follow up with them for timely audit reports.*Mentoring of new recruits* End to end monitoring of portfolio assignedetc.
Education
Veer Kunwar Singh University, Arrah
Bachelor of Science- Maths (Hon.)
2004 — 2007
Manipal Academy of Higher Education
Advance Credit and Risk Management
2013
Manipal University
MBA
2010 — 2011
Bihar Intermediate Education Council
I.Sc.
2002 — 2004
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