Tarun Mittal

Deputy General Manager , National Credit Guarantee Trustee Company Ltd (NCGTC) (DFS, Ministry of Finance, Government of India)

Mumbai, India

Having more than 17 years of experience (including 9 years with Intergovernmental Bilateral & Multilateral Organizations) in on Policies (Credit, Risk and Investment), Business Plan, Product, Strategic Plan , M& E system for the Sovereign & Non-Sovereign lending and Credit Guarantee in India and in South Asia (Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka.

Contact Tarun Mittal
Area of Expertise:
  • Monitoring, Evaluation, Policy, Research, Analysis
Professional Experience:

As a Banking & Finance professional having more than 17 years of experience (including 9 years with Intergovernmental Bilateral & Multilateral and Government Organizations) in formulation and implementation of Policies (Credit, Risk and Investment), Business Plan, Product Development, Strategic Plan , Risk Management framework, Monitoring & Evaluation system and Impact Assessment for the Sovereign & Non-Sovereign lending and Credit Guarantee operations in Emerging Economies like India and in South Asian countries (Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka).

Having Experience in -

1. Policy Formulation, Improvisation & Implementation
(a) Developed and implemented policies to diversify the business operations through lending Startups to support innovation & technopreneurs.
(b) Having experience of formulation and implementation of lending guidelines and credit policy, development of Risk Management framework and improvising 10 Years Strategic Plan.
(c) Having experience of developing Monthly / Quarterly review reports on Wholesale Portfolio and key indicators, trends and highlights in the month / quarter, about the portfolio, credit environment, regulations, policy changes as per the regulatory aspects.

2. Credit, Risk & Compliance Management
(a) Having experience of conducting in-depth standardized credit appraisal of borrowers both for Fund Based and Non-Fund Based credit limits in a time bound manner aiming towards maximizing potential return on investment.
(b) Having experience of identification, measuring & mitigating the various project finance and lending risks through conducting stress testing & determining the credit risk ratings to measure any impact on the organization’s credit risk quality and exposure.
(c) Involved in undertaking and implementing the sound control systems and strategies to track and report on funded portfolio’s Key Performance Indicators (KPIs), Monitoring, Evaluation, Accountability and Learning (MEAL) standards, Early Warning Signals (EWS), Enhanced Due Diligence (EDD), account labelling, risk & compliance management to build a quality credit portfolio.

3. Project Finance Experience
(a) Extensively worked on sovereign & non sovereign loan projects funded under Social, Economic & Infrastructure sectors which were aligned with SDGs 1,2,3,4,6,7,8,9,11, 16.
(b) Conducted robust Credit Control, Investment Analysis & Portfolio Risk Management for the various Bilateral and Multilateral cross-border projects undertaken by the various project companies, implementing agencies and the co-lenders from SAARC region. These projects included sovereign & non-sovereign loan and Grant-in-aid transactions from Social, Economic & Infrastructure sectors covering the areas ATR Financing, Renewable Energy (Scaling up of Zero Energy Cold Storage (ZECS) technology for the horticultural commodities in the high hills of SAARC countries), Urban and Housing Development project and Social Development projects like SAARC Business Association for Home-based Workers (SABAH) - Livelihood initiative for home-based workers in SAARC Region, Networking & Capacity building project, Empowering Rural Communities: Reaching the Unreached, WASH, Strengthening Maternal and Child Health Including Immunization, Promoting Integrated Bamboo Based Enterprise Development among SAARC Countries in India and South Asian region.
(c) Handled bilateral projects funded by UN Agencies (IFAD and WFP) and SAARC Development Fund covering the areas, consortium for Scaling Up Climate Smart Agriculture in South Asia, Scaling up fortified rice through social safety net programs, Covid 19 Project (Co-financing with MoH of various SAARC Member States). Handled the various Bilateral Projects undertaken by the startups from India and USA focusing on innovation and entrepreneurship through the application of Science and Technology.

Education:

Education

2005: MBA – Finance from ICFAI University, Dehradun (IBS Gurgaon Campus), Uttarakhand, India
2002: Bachelor of Commerce from MJP Rohilkhand University, Bareilly (U.P) India

Professional Qualifications
2021: Chartered Institute of Management Accountant (CIMA), from CIMA, London, United Kingdom
2019: Certified Fraud Examiner (CFE) from Association of Certified Fraud Examiners (ACFE), Austin, Texas, USA
2018: Chartered Banker (MCIBS) from The Chartered Banker Institute, Edinburgh, Scotland, United Kingdom
2015: Certified Associate of Indian Institute of Bankers (CAIIB) from Indian Institute of Banking & Finance, Mumbai
Certifications in Risk Management in 2017; Financial Inclusion in 2016; Trade Finance and SME Finance in 2011

Memberships
Fellow Member of Chartered Institute of Management Accountant (CIMA), from CIMA, London, United Kingdom
Certified Member of Association of Certified Fraud Examiner (ACFE), Austin, Texas, USA
Associate Member of The Chartered Banker Institute, Edinburgh, Scotland, United Kingdom
Certified Associate of Indian Institute of Banking and Finance (IIBF), Mumbai, India

Skills
Relationship Management, Credit Assessment, Risk & Compliance Management, Strategic Planning, Monitoring & Evaluation.

Management Development Programs (MDP) and Professional Trainings
MDP on Accounting & Finance for Working Executives from Indian Institute of Management (IIM) Kozhikode, India.
MDP from Indian Institute of Foreign Trade (IIFT), New Delhi on Financial & Cross Border Regional Project Management.
Professional Trainings at Financial Institutions Training Institute Ltd (FITI) setup by Royal Monetary Authority (RMA), Bhutan.

Affiliations and Achievements:

1. Professional Qualifications, CIMA’s Global C-Suite Business & Finance Program, working experience with Intergovernmental Bilateral and Multilateral Funds, recognition from US Ambassador to India and CEO, SAARC Development Fund.

2. Professional Memberships
(a) Fellow Member of Chartered Institute of Management Accountant, London (CIMA), United Kingdom
(b) Certified Member of Association of Certified Fraud Examiner (ACFE), Austin, Texas, USA
(c) Associate Member of The Chartered Banker Institute (CBI), Edinburgh, Scotland, United Kingdom
(d) Certified Associate of Indian Institute of Banking and Finance (IIBF), Mumbai, India

Available for:

  • Job opportunities

Years of Experience:

15-20 years

Highest Qualification:

Masters

Languages:

English, Hindi

Nationality:

India