Vijay Krishnan
About Vijay Krishnan
Vijay Krishnan is a Senior Manager in Credit Monitoring at STCI Finance Limited, responsible for overseeing various credit administration tasks and ensuring compliance with financial protocols.
Current Role at STCI Finance Limited
Vijay Krishnan serves as a Senior Manager in Credit Monitoring at STCI Finance Limited. His responsibilities include preparing and submitting quarterly NBFC Progress Reports and daily monitoring of the LAS Portfolio to ensure asset cover maintenance. He coordinates the release of funds as per the waterfall mechanism outlined in sanction reviews. Additionally, he oversees the reconciliation of escrow account flows with Management Information Systems (MIS) and audit reports on a monthly and quarterly basis. He ensures compliance with post-disbursement conditions and conducts due diligence.
Previous Experience in Credit Administration
Prior to his current role, Vijay worked at IndusInd Bank from 2012 to 2020 as a professional with strong credit administration skills. His tenure lasted for eight years and took place in Andheri - West. Before that, he held the position of Senior Officer - Credit at SBI Global Factors Limited for five years, from 2006 to 2011, in Bandra Kurla Complex. His career began at Cheers Interactive, where he worked as a Data Management Executive from 2004 to 2005 in Navi Mumbai.
Educational Background
Vijay Krishnan completed his higher secondary education at Mulund College of Commerce, achieving his HSC from 1995 to 1997. He then pursued a Bachelor of Commerce (BCom) degree at the same institution, which he completed from 1997 to 2000. His foundational education includes an SSC from MSST, which he completed in 1970.
Key Responsibilities in Credit Monitoring
In his role at STCI Finance Limited, Vijay is responsible for the periodic notification and follow-up for the preparation of criticized assets reports for the Board of Directors. He also manages the preparation of No Objection Certificates (NOCs) for the sale of mortgaged units and handles the preparation of letters to escrow agents for fund releases from escrow accounts. Additionally, he develops and implements system enhancements in collaboration with the IT department to improve reporting processes.