Vikas has independently managed a Citi bank portfolio of over $300 million for the entire East India market. He enjoys freelancing as it provides a unique opportunity to work with a wider variety of clients, businesses, and company maturities. Vikas has significant experience in the banking and financial services sector. During his stint with Citi & S&P, he worked extensively with senior executives/CFOs of high growth companies/startups.
Ensured an immediate turnaround in the cash flow cycle with over 150% improvement in month-on-month cash flow cycle. Prepared a credit control mechanism to check credit worthiness of around 100 customers and categorize them into low, high, and medium risk.
Developed strategic plans to prepare a reporting system—showed improvement in the cash flow cycle and setting up credit limits and on-boarding criterion for the customer.
Worked directly with the senior management and the legal team for amicably resolving long outstanding and non-collectible accounts including debtor disputes.
Integrated the finance department with the ops & tech team for monitoring overdue invoices, customer stock holdings, and daily order execution.
Fast-tracked a turnaround in the cash flow situation, receivable cycle, and overall financial flexibility/liquidity of the company.
Focus areas: Debtor & Creditor Management, Working Capital Management, Cash Flow Management, Financial Planning & Analysis (FP&A)
Content Head for the CFA Prep Provider
2015 - 2016
Built CFA educational material for the startup site.
Tested the functionalities of the website and app; providing feedback to the tech team.
Drove product pricing initiatives for the online educational offering into Gold, Silver, and Bronze levels of service.
Provided actionable insights on business performance and the effectiveness of the marketing strategy to the founder of the company.
Focus areas: CFA Level 1 Webinars
Portfolio Risk Manager
2015 - 2016
Managed the credit and risk approving construct within the commercial banking division. Independently managed a USD 300 MM portfolio for the entire region.
Assessed client performance based on the business, management, and financial profile involving in-depth analysis of the financial and business models of customers. Developed a company specific financial model and ratio analysis in various scenarios.
Managed over 35 clients and adjudging their business and financial performance through regular client interaction on changes in economic, political, and industry dynamics.
Handled strategically stressed accounts within the portfolio through concurrent highlights to the senior risk management team about the latest happenings on business and risk performances of these clients.
Executed actionable items to ensure minimal cost of credit to the organization.
Drove the process of credit ratings (directly rated over USD 1 billion of debt/financial products) and coordinated with clients at a senior level.
Conducting in-depth analysis of companies using an economy-industry-company approach so as to analyze the business & financial risk of the company.
Monitored the performance of a team of 4 members to ensure efficiency in the operations and meeting of individual & group targets.
Coached and developed other analysts through knowledge transfer, best practice sharing, and training sessions, as appropriate.
Preparing credit reports and rationales entailing the entire gamut of the information-sectorial presence of a company, its existing and future financial positions, operating efficiencies, management track record, and peer comparison.
Represented CRISIL while meeting the top management of a company to get an insight into the company's operations and business model.
Projected the future financial position of the company.
Made presentations to the CRISIL’s Rating Committee.