HEMAL Vakharia

Credit Officer

Navi Mumbai, Maharashtra, IndiaFinancial Services and Insurance
9roles
24skills
1education

About

Financial services and insurance operations professional with over 27 years of experience in credit operations, loan documentation, branch operations, customer service, policy servicing, and process administration.

Experience

Credit Officer, Credit Department

MAS Financial Services Limited

July 2023 to May 2026

Scrutinized KYC documents for salaried cases, two-wheeler and commercial vehicle loans, and private limited companies; assessed eligibility, prepared Credit Appraisal Memos, supported security assessment and loan disbursement, and maintained branch login MIS.

Deputy Manager, Branch Operations and Customer Service

Future Generali India Life Insurance Company Limited

October 2022 to June 2023

Handled branch operations teams, proposal verification, policy servicing, banking activities, MIS preparation, refunds, and customer queries while meeting service-level requirements.

Deputy Manager, Two Wheeler/Commercial Vehicle Operations and Credit

Manappuram Finance Company Limited

June 2017 to October 2022

Managed document verification and loan contract booking for two-wheeler and commercial vehicle finance; coordinated with sales and credit teams, resolved audit discrepancies, maintained MIS, generated loan account numbers, and supported post-disbursement processing.

Assistant Manager, Customer Service

Kotak Life Insurance Company Limited

January 2015 to October 2015

Handled root-cause analysis and end-to-end resolution of customer complaints involving service issues, mis-selling, and forgery; coordinated with internal departments and managed customer correspondence within turnaround times.

Phone First Executive - Customer Service; re-assigned to Service Manager - Customer Service

Team Lease Services Pvt. Ltd. (deputed at India First Life Insurance Company Ltd.)

November 2012 to January 2015

Verified new business proposal and underwriting documents, reported discrepancies, resolved customer queries related to endorsements, maturity, claims and complaints, supported policy issuance, and maintained operational MIS.

Inside Sales Admin

Aaryan Solutions (deputed at EMC Data Storage Systems (I) Pvt. Ltd.)

November 2010 to October 2012

Analyzed SAP, Salesforce.com and other system databases to create annual maintenance contract quotations for the Asia-Pacific region; processed renewal opportunities, orders, licenses, and system transfers while coordinating with regional teams.

Senior Executive, Branch Operations

Aviva Life Insurance Co. Ltd.

July 2007 to June 2010

Handled branch operations, proposal verification, policy servicing, banking for multiple business channels, MIS reporting, undelivered policy documents, refunds, and customer service coordination.

Senior Executive, Operations - Credit Cards

Apnaloan.com India Pvt. Ltd.

September 2000 to June 2007

Processed credit card applications for multiple banks, performed physical verification and quality checks, maintained policy guidelines and MIS, trained executives, coordinated customer queries, and supported internal and external audits. Received four best-performance cash awards for target completion and online dispatches; team was recognized by HSBC for lowest outright rejects for three consecutive months.

Senior Executive, Operations - Auto Finance Loans

PAL Credit & Capital Ltd. (PAL Group)

December 1996 to September 2000

Managed auto finance proposal entries, contract bookings, pre- and post-disbursement documentation, dealer and hirer follow-ups, contract securitization, insurance claims and renewals, fixed deposit processing, and related reports and vouchers.

Education

Mumbai University

B.Com

1995

Skills

Credit operationsKYC document scrutinyCredit appraisal memosLoan eligibility assessmentLoan disbursement supportSecurity assessmentLoan documentationTwo-wheeler and commercial vehicle finance operationsInsurance branch operationsPolicy servicingCustomer serviceCustomer complaint resolutionProposal form verificationMIS reportingBanking operationsAudit coordinationCredit card operationsAuto finance operationsSAPSalesforce.comOracle Install BasePowerLinkOKSMicrosoft Excel