Credit Analyst and underwriter

Muhammad Tariq Siddiqui

Contact: +1-314-***-**** (Mobile)

Email: adjrg2@r.postjobfree.com

Roanoke, Texas 76262

Profile: https://www.linkedin.com/in/muhammad-tariq-siddiqui-33bb589

Career Summary

Mortgage Underwriter & Credit Risk Analyst having over 22 years (9 years UAE) experience with Conventional & Islamic Financial Institutions wherein developed following expertise:

Preparation and recommendation of Home loans, Auto and other Credit & leasing proposals of individuals, SME and Corporate clients after due diligence and detailed financial and non-financial analysis such as balance sheet, bank statement, aging of receivables, financial ratios, repayment history, net worth, credit worthiness for management decision. Written numerous home and other credit proposals for management decision.

Identification and mitigation of various risk involved in both pre & post approval stages of Mortgage Underwriting & other credit approvals and loan documentation as per bank’s lending policy and Central bank guidelines.

Building, Maintaining and Reporting of mortgage and other credit quality trends in the portfolio after quantitative analysis with regards to various risks with recommendations to build quality portfolio. De

Preparation and discussion of provisioning report of mortgage & other credit portfolio with management and Auditors as per guidelines of central bank. - Formulation of Risk grading model, Credit Risk, Collection, Provision, and other policies.

Done BS in Chemical Technology and Master’s in business administration (MBA).

Work Experience

Financial Analyst

Habib Bank Limited, Karachi, Pakistan

Feb 2019 - Aug 2020 (1 Year, 6 Months)

As a Financial Analyst perform the following: Risk Analysis of new and existing vendors, contract review, due diligence to ensure compliance. The accurate and timely completion of the financial analysis worksheet to be used as a component of the vendor risk assessment. Manage and maintain the internal database of vendor information including profile, services, spend and other notable contract information. Manage RFP and negotiate contract renewals. Develop quote template and quote analysis model. Calculate cost impact / savings from final deal. Proactively assess potential savings opportunities by gathering and analyzing industry data. Provide financial analysis through cost savings calculation modeling and / or validation. In cost saving/avoidance campaign in 2019 for over 400 vendors of the company, actively engaged in renegotiating the contracts after providing cost saving analysis to the management and able to save/avoid nearly $5,000,000, based on 2018 vendor spend.

Manager Mortgage & Credit Risk

Mawarid Finance PJSC, Dubai United Arab Emirates

Mar 2009 - Dec 2018 (9 Years, 10 Months)

Preparation and Recommendation of Home, Auto & other Credit proposals for management decisions for funded and non-funded facilities after in-depth analysis of financial statements, ratios, non-financial parameters and SWOT analysis with respect to Credit Risk as per Company and CB UAE guidelines. To assign risk grades, based on analysis of financial and non-financial parameters of existing and new clients. Communicate and liaise with Mortgage loan Processors and Operation department for disbursement of approved facility. Monitoring and management of non-performing Home & other credit portfolio and to develop restructuring and rescheduling packages for management’s approval. To conduct monthly quantitative analysis of Mortgage & other credit portfolio with regards to various risks and preparation of stressed assets and provisioning reports. Prepared Credit Risk, Collection, Provision, Internal Credit Risk Rating Model and other policies for Mawarid Finance. Team member for replacement and implementation of Oracle Flexcube core banking system, CRM, BI (migration from ICBA) and customization credit application origination and management Modules.

SVP- Head Credit Risk

SME Leasing Limited, Karachi, Pakistan

Jan 2002 - Feb 2009 (7 Years, 1 Month)

• Developed policy guidelines, systems and procedures including Business Plan and Risk Management Manual.• Developed a diversified and quality Auto and other lease portfolio including fixing of Credit limits of various clients after analyzing their business and financial strength, current and projected financials, due diligence and risk assessment. •Presented numerous Auto & other credit proposals including fixing of Credit limits to the credit committee/Board for their approval.• Supervised the overall Credit Risk and Recovery functions of the company including preparation of Aging analysis of NPLs, recovery rate, litigation cases, provisioning etc. with suggestions to Management for further improvement in Recovery.

I was also member of the following Committees: • Management Committee (Responsible for providing guidelines on devising operational strategies, reporting to State Bank, SECP, Rating Agencies and approving of all management actions and addressing business development issues). • Internal Credit Committee (The committee headed by Head Credit & Risk Management approves all credit proposals up to a certain amount). • Central Credit Committee (The committee headed by CEO approves all credit proposals beyond the limit of Internal Credit Committee).

AVP Project Appraisal

Bankers Equity, KARACHI

Feb 1992 - Dec 2001 (9 Years, 10 Months)

Bankers Equity was a leading Development Financial Institution (DFI) of Pakistan engaged in industrial and commercial financing. • Dealt with various types of financed projects & leases at appraisal, implementation, monitoring and recovery stages. Credit Analysis & Monitoring • Evaluated numerous credit/lease proposals for small, medium and large industrial projects in a variety of sectors by preparing preliminary and detailed appraisal reports to determine managerial, financial, technical, commercial and economic viability of the projects. • Recommended credit proposals/appraisal reports to the president/board. • Arranged Syndication of loan financing. • Financial restructuring/rehabilitation of sick projects and presentation of revival packages to the Committee.

Shift Chemist-Chemical Engineer

Fauji Sugar Mills, Khoski, Badin, Pakistan

Dec 1986 - Dec 1989 (3 Years)

Supervision of production process including quality control. Daily production and Laboratory reporting to G. Manager.

Education

Master’s Degree '91 MBA

University of the East, Manila, Philippines

Dec 1989 - Apr 1991

Bachelor’s Degree Chemical Engineering

Mehran University of Engineering and Technology, Jamshoro, Pakistan

May 1980 - Jun 1985.

Skills

Mortgage Underwriting, Credit Risk Management, Due Diligence, Financial Analysis, Loan Proposals/Appraisal, Loan Restructuring, Vendor Management Analysis, Credit Analysis, MS office.

Associations & Organizations: Pakistan Engineering Council (Member) since June 1985

Languages: English (Full Professional) Urdu (Native) Arabic (Limited Working)- (DOB: 1963)

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