Shyam Rajak

About Shyam Rajak

Accomplished Deputy Manager – Credit underwriter with expertise in credit underwriting, credit appraisal, risk management, LAP and mortgage audits, branch banking audits, and KYC/AML compliance. Extensive experience in secured and unsecured loans, fraud prevention, regulatory compliance, and operational risk mitigation. Adept at conducting independent audits, strengthening internal controls, and ensuring compliance with RBI and financial regulations.Currently working with Bajaj Finserv as a Credit Underwriter in SME Loans (both secured and unsecured segments).With over 6 years of experience in the Banking & NBFC industry, I have previously worked as an Internal Auditor at Fusion and as a Concurrent Auditor at Bandhan Bank. During this period, I developed strong analytical, communication, and problem-solving skills, along with a deep understanding of banking operations, credit processes, and regulatory frameworks.I hold a Master’s degree in Accounting and Business/Management and am passionate about enhancing the efficiency and effectiveness of audit and underwriting functions, contributing to organizational growth and sound credit governance.

Experience

1. Deputy Manager Credit Underwriting Sme

   Bajaj Finserv

   Sep 2025 — Present · Deoghar, IN

   Experienced Credit Underwriting professional specializing in SME and retail loan assessment. Expertise includes analyzing financials, verifying business credentials, conducting field investigations (PPD/CPV), and determining eligibility based on risk parameters. Strong understanding of credit policies, income assessment, and end-use evaluation to ensure balanced and profitable credit decisions.

Education

• R. S. P. COLLEGE, JHARIYA

  Master of Commerce, Accounting and Business/Management

  2014 — 2016

• GURU NANAK COLLEGE, DHANBAD

  Bachelor of Commerce - BCom, Accounts

  2011 — 2014