Denan Bogdanic
Utrecht,Nethelands
Summary
Accomplished lending and finance professional with an extensive 15-year track record in the domains of crediting and financial management. My expertise lies primarily in the fields of microfinance, factoring, and corporate finance. I possess a wealth of experience in portfolio management and collateral securitization, demonstrating a strong commitment to delivering results and achieving.
Overview
23
23
years of professional experience
Work History
Financial Expert
EBRD Consultant
02.2022 - Current
- Road sector financial structure analysis
- Assessment of the financial data of public motorway companies, with particular attention devoted to the sourcing of maintenance funding, analysis of company liquidity and collection strategies, and a examination of debt ratios.
- Develop a 10-year financial plan and strategy, which incorporates financial forecasting, risk mitigation strategies, and performance optimization initiatives aimed at fostering long-term sustainability and growth within the sector.
- Stakeholder coordination with local regulatory bodies
- Team project coordinator
Financial Management and Process Consultant
Different Companies
11.2019 - Current
- Creation of processes and tools for microfinance portfolio management, enhance collection processes, decreased PAR over 30 days for 50%, internal document flow, credit policy reviews, comprehensive evaluation of collateral, creditworthiness, and repayment capacity - Prodest Microfinance foundation www.prodestmkf.com
- Sustaining strategic alliances with commercial banks and financiers, emphasizing expertise in credit and bank guarantees to ensure the integrity of PPG’s bids and impeccable project execution. Opend credit limits for banking guarantees in 3 different banks to a total amount of 3 mil EUR – www.ppg.ba, www.gene.ba
- Effectively orchestrated negotiations with banks to enable the resumption of consistent loan repayment cycles and loan restructuring, with particular emphasis on credit collateral arrangements - different clients.
UN ESG Reporting Consultant
UNDP Consultant
05.2021 - 08.2021
- Recognized expert and trainer for the esteemed SDGs roll-out support and private sector engagement project
- Provision of comprehensive training sessions dedicated to Sustainable Development Goals (SDG) reporting for 20 selected SME's.
- Assisting SMEs in effectively navigating the complexities of ESG reporting, enabling them to align their business practices with sustainable and responsible principles
Managing Director
B Factoring LTD
02.2018 - 11.2019
- Effectively spearheaded and concluded the regulatory process of securing a banking license from the accredited Banking Agency, empowered to grant licenses to both banking and non-banking entities.
- Established company Head office and recruited 6 team members.
- Direct communication with Investment funds, commercial banks, insurance companies.
- Created sustainable business and commercial plans ensuring their alignment with short-term targets and long-term strategic objectives.
- Successfully completed two Banking Agency team inspections without any non-compliances of operations with legal regulations.
Managing Director
Prvi Faktor - NLB Group
01.2010 - 02.2018
- Successfully transitioned a loss-making company into profitable operations within the first 12 months.
- Under my leadership, Prvi Faktor collected €500 million in purchase receivables.
- Personally led 80% of new sales meetings and CDD of larger clients.
- Successfully led and controlled the collection process of purchased receivables from the average portfolio of EUR 15 million.
- Drive sustainable and viable financing decisions through credit board presidency of EUR 50 million collections operations.
- Responsible for legal, banking and guarantee requirement compliance of the company
- Highlight areas for improvement and suggest solution options when needed, whilst keeping abreast of the markets and industry trends (banks, factoring)
- Build trusting and long-term relations with internal and external stakeholders such as Banking Agency, commercial banks, insurance companies and guarantee funds.
Credit Manager
LOK Microcredit Foundation
01.2001 - 11.2009
- Develop sales objectives and KPIs for 6 branch offices/88 offices and 250 loan officers.
- Monitor sales,collection and propose improvements.
- Manage portfolio and increase credit operations from 5 to 66 million EUR
- Risk assessment and reporting (Portfolio at risk less than 3% in different age category)
- Team lead for ISO 9001-2000 Quality management system certification.
- Staff recruitment, onboarding and continuous training.
- Customer care, acquisition, commercial activities, re/design of products for small manufacturers, small farmers, entrepreneurs, start-ups Maintain contact with important shareholders, international investors (World Bank, UNHCR, EU Investment Funds).
- Project product owner in development of a new software for microfinance companies.
Branch Manager
LOK Microcredit Foundation
07.2000 - 07.2001
- Overall management and coordination of the credit branch with 10 employees and portfolio over 5 mil EUR.
- Customer support, acquisition and commercial activities.
- Monitoring of clients, monitoring and control of documentation, collaterals and reporting.
- Risk assessments, analysis of financial statements and credit rating.
- Branch budgeting, controlling, portfolio management, KPIs Staff recruitment and training/education
Education
Sustainable Finance And Investment
Yale School of Management
Online Program06.2023
Master of Science - Banking/Marketing
School of Business And Economics
Sarajevo06.2010
Microfinance Training
Naropa University
Colorado, USA08.2002
Bachelor of Science - Accounting And Finance
School of Business And Economics
Sarajevo06.2001
Skills
Factoring; Agile project management; End to End process improvement; Credit analysis and control; Collection Monitoring and Optimization; Stakeholder management; Budget ownership; Regulatory and legal compliance; Software Implementation
TECHNICAL SKILLS
- ERP Microsoft Dynamics
- Navision, IBM Lotus,
- Microsoft Office ,
- Various banking software
- Agile Tools, Asana
LANGUAGE SKILLS
- Bosnian / Croatian / Serbian - native
- English – B2
- German - A2
- Dutch – A2
running, hiking, mountinbiking, cooking
- more than 20 Halfmarathon PB 1:48, 1 marathon
Timeline
Financial Expert
EBRD Consultant
02.2022 - Current
UN ESG Reporting Consultant
UNDP Consultant
05.2021 - 08.2021
Financial Management and Process Consultant
Different Companies
11.2019 - Current
Managing Director
B Factoring LTD
02.2018 - 11.2019
Managing Director
Prvi Faktor - NLB Group
01.2010 - 02.2018
Credit Manager
LOK Microcredit Foundation
01.2001 - 11.2009
Branch Manager
LOK Microcredit Foundation
07.2000 - 07.2001
Sustainable Finance And Investment
Yale School of Management
Master of Science - Banking/Marketing
School of Business And Economics
Microfinance Training
Naropa University
Bachelor of Science - Accounting And Finance
School of Business And Economics
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