Ajay Kardak

Seeking Opportunities In The Field Of Credit Analysis/Financial Management In An Organization Of Repute
Pune, Maharashtra, India
Profile Snapshot
Ajay is based out of Pune & has studied Finance, MMS-Master of Management Studies from Year 2005-2007 in WeSchool-Welingkar Institute of Management Development and Research, University of Mumbai.
Ajay Kardak is Skilled in English Language, Finance, Aptitude and other talents.
Talents
    • Credit Analysis
      ... among 0 users in Pune
      …
      among 0 users worldwide
    • Financial Management
      ... among 0 users in Pune
      …
      among 0 users worldwide
    • Finance
      ... among 0 users in Pune
      …
      among 0 users worldwide
      80.74
      percentile among worldwide users
    • Fundamental Analysis
      ... among 0 users in Pune
      …
      among 0 users worldwide
Professional Path
Chief Manager- Credit
Kotak mahindra bank ltd Full Time
Dec-2010 To present 14 years 8 months
  • ? Managing Credit Relationships with clients and providing them with financial assistance
    ? Appraising Creditworthiness of the clients with the help of in depth fundamental analysis of the companies and the industries
    ? Recommending the case to the concerned committee to get the deal sanctioned
    ? Working with Middle Office and Relationship Team for credit related approvals for disbursement of the sanctioned facility
    ? Consistent monitoring of the portfolio with respect to compliance of covenants, news updates, deferrals, submission of monitoring statements and raising early warning signals if any.
  • ? Besides normal working capital products and term loans, successfully handled varieties of deals like Lease rental discounting, Loan against property, Loan for vehicle leasing to largest Vehicle leasing company in India, Bank Guarantee for disputed Tax liability to one of the largest Private Equity Players in India, Bank Guarantees for Gold Loan and Infrastructure loans to Education Trust
    ? Design and execution of project funding deal to one of the largest Fertiliser & Petrochemical companies in India
    ? Design and execution of structured ‘lease rental discounting deal’ with one of the reputed Real estate companies in India
    ? Successful re-alignment of the facilities in one of the stressed groups in the portfolio which reduced risk to the bank
Qualifications

Welingkar Institute of Management Development and Research

Master of Management Studies Finance

2005-2007

-%

Karmaveer Dadasaheb Kannamwar Engineering College

Bachelor of Engineering or Technology Mechanical Engineering

1999-2003

63%

1st Prize in 'National Level Technical Paper Presentation Contest' in the year 2003 Topped in the subject 'Corporate Law' in the year 2007

Extra-Curricular Interests
Was active member of 'Samwad Committee' [yearly magazine from Welingkar Institute] Was active writer during school days for the yearly magazine of school
My Story
A professional with ~10 years of experience in Relationship, Credit Analysis, Documentation, Disbursement in relation to Corporate Clients from various industries
Presently working with Kotak Mahindra Bank Ltd in Corporate Banking Group- Large and Mid-Corporates
Hands on experience in various products pertaining to a Corporate like Structured Products, Term Loans, Working Capital Products, Cash Management Services and Derivatives