Joined: 14 Nov 2013
Concentration: Finance, Sustainability
WE:Corporate Finance (Non-Profit and Government)
Sloan Profile Evaluation Thread: Post all Profile Eval Requests Here
10 Oct 2019, 20:33
JUST A DETAILED REVIEW OF WHAT I DO and what i am.... I work for a public sector bank wherein the government of India owns 55%... there is tough competition to get into this job.. its not a Investment bank or a foreign bank... its a government bank with a triple bottom line... it may be treated as government career as most of our day to day functions involve implementing government policies with respect to financial inclusion, out reach of credit to rural poor, improving agriculture sector through involvement with village governments, engaging with rural women to uplift them through Self help groups, etc ( and i have done this as a job for 3.5 of 4 years on a daily basis)
Background and nationality-
26 years , Indian, male,
Undergrad Information- Aerospace Engineer - SRM UNIVERSITY
7.32/10 GPA- top 25% of the class- (university level- TOP 40 in India)
GMAT: 730 ( on 3 gmat prep mocks -- test on Nov 7th with target of 770 which i will likely achieve)
Work experience and leadership - largest bank and financial services group (public sector) of the country ( back bone of the Indian economy )... State Bank of India (TOP 50 global bank and a F 500 company) .. selected as one of the 2000 officers out of 2.5 million applicants.
1. Credit analyst- 6 months- Commercial Credit- State Bank of India
Ensuring risk quality and credit quality aspects of proposals appraised keeping in view the credit policy of the bank. Performing industry analysis, due diligence processes, etc. Obtaining and analysing relevant financial information, including operating statements and balance sheets for carrying out CRA exercise/preparation of proposals for underwriting new loans, increasing loan commitments, periodical review or substantive changes in terms.Preparation of reports of Special Mention Accounts (NPA) for submission to the appropriate authorities.
Carrying out inspection of units as and when required and mandated in the loan agreement.Ensuring compliance with the bank’s credit policy, local regulatory requirements and compliance with the central bank. Coordinate with officers handling opreations to ensure timely updating and modification of data/terms and conditions/ date of review/approval etc are in the system as and when such change takes place for ensuring correctness of data and information. Achieved more than 35% growth over existing loan book of the asset management team that I worked in a span of 4 months. Appraised credit facilities to the tune of $99 million (Rs 705 cr). Handled 17 corporates accounts with a total exposure of $244.36 million.
2. Deputy Branch Manager of large branch- 1 year 2 months- State bank of India
Incharge of Branch Operations, the head of staff, and head of personal banking division at the branch level.Was directly responsible for the functioning, training, and working of 8 full time staff members. Was incharge of business development in the areas of customer acquisition, agriculture, bullion backed credit, personal segment advances, deposit mobilisation, and cross selling.
MANAGING DIRECTOR’S CLUB- MUTUAL FUNDS- OUSTANDING PERFORMANCE IN Bank's MUTUAL FUNDS- 3RD IN THE STATE AMONG 19853 EMPLOYEES.
GOLD QUALIFIER IN YEAR END CAMPAIGN- MUTUAL FUND- FELICITATED BY CHIEF GENERAL MANAGER.. 7th among 19853 employees.
CHIEF GENERAL MANAGER’S CLUB- SBI GENERAL INSURANCE- TOP 3 IN THE STATE
Adjudged the best Deputy Branch Manager in the Network of 850 branches by the General Manager of the network
Adjudged the best Deputy Branch Manager in the Region of 48 branches by the Assistant General Manager/ Regional Manager
The following are the achievements of the team that I lead as the DBM
Gold loan campaign- Was among the 35 branches that qualified in the national level twice in 2 back to back months
QUALIFIED xyz CAMPAIGN- TOPPER AT THE NETWORK LEVEL AMONG 830 BRANCHES.
Achieved an Audit score of ‘AA’ a rare feat given the current banking scenario in india.
DEPUTY GENERAL MANAGER’S CLUB – NOMINATED BY ALL THE DGMS IN THE STATE TO BE BEST BRANCH AMONG 1300 BRANCHES.
3. Branch Manager – 8 months- State Bank of India
As branch manager lead a team of 4 staff members with Rs35 millions of business. Primarily responsible for business development of the branch, functioning of the staff, marketing, appraising MSME credit proposals, ensuring due-diligence of all liability and asset products, and overall security measures of the branch premises.As Branch Manager and team lead, I had along with my team successfully tripled the number of deposit holders in a span of 6 months, increased the agri-gold loan business by 150% over the previous fiscal, sourced and apprised MSME loans to the value of 300% the asset portfolio of the branch, made the branch a 100% digitally banked rural branch from 15% previously by conducting digital awareness programs in the nearby villages, with the help of Sarpanchs ( head of the village level government) and also insured 85% of salaried factory workers from a previous level of 3% a feat appreciated by the GM of the network.
4. New recruit officer - 2 years- State Bank of India
Mandatory time of 2 years of learning of the bank policies and assisting the branch functionaries in business development.
Handled crowds of about 20,000 everyday for 3 months during the demonetization (lineups were 2-3 kms) exercise that took place in 2016 (the greatest challenge at the time).
Increased revenue of a branch by 50%.
1. Organiser and Head of Planning Committee – DEPARTMENT FEST – 2013
Organized and planned the UN international Space week in Aerospace Department. Planned, Created, and set-up events for participation. Coordinated and Managed 50+ volunteers for the success of the technical fest.
2. Joint Secretary and English teacher- a student based NGO- 2012-2013
Was a part of the management team of a student based NGO. As Joint Secretary, I developed syllabus and teaching functions, guidelines for environment awareness focus campaigns , put together the online campaigning strategy, formulated HR policies including setting up of different verticals , conducting interviews for on-boarding of volunteers, conducting induction programs for new volunteers of the newly formed NGO. I had also introduced Volunteer incentive program for extraordinary recognition. I was also given additional responsibility of being in charge of the book wings program where I planned, organized, scheduled classes on a weekly basis for teaching English to under-privileged children.
3. Director & President – student based ngo -2013-2015
As the director of Go Green, I was directly responsible for 200 volunteers. Organized Beach clean-up programs, environmental cleanliness awareness campaigns, water conversation campaigns, animal habitat restoration programs, sanitation awareness programs etc., . As the director, I was in charge of proper policy implementation of the NGO to ensure effective outreach of the awareness campaigns, build relationships with the external agencies for planning events of a larger scale, ensuring that every volunteer is well versed on climate change & sustainable development goals relating to environment and helping the junior volunteers in the on-boarding by conducting induction programs and team building exercises. As the first Director, I had an additional responsibility of formulating polices on succession of the directors and voting of green-captains .
4. Volunteer- Earthlings- 2015-present
active environmental activist in my city and region by participating in awareness programs and educating the general public.( couldnt take up a leadership position because of time constraints as i have 6 day week and have to cme in even on sundays ... that being said i have always pitched my view because of my experience of running an NGO)
Community and others- (dont know what to write here) - Have a deep connection with nature and environment. Always been an active activist for environmental causes. Have been volunteering for the past 7 years of my life biweekly to raise awareness and continue to do so
Post MBA goals- Want to move to consulting with a specialization in public sector and climate policy and hope to make it to MBB after mba.