Elchin Mammadzada
Baku
Summary
Experienced finance professional with strong financial, business analysis, and risk assessment skills. Proactive problem-solver with a proven track record of structuring effective solutions and negotiating mutually beneficial agreements. Clear communicator and collaborative team player, committed to driving positive outcomes in strategic financial planning and decision-making. Passionate about continuous learning and embracing new challenges to deliver impact and long-term value.
Overview
4
4
years of professional experience
1
1
Certification
Work History
Senior Economist
Azerbaijan Airlines CJSC
Baku
04.2025 - Current
- Develop medium- and long-term economic forecasts to support strategic planning and decision-making.
- Monitor actual financial and operational performance against approved budgets, conducting detailed variance analysis to identify key deviations and support data-driven decision-making.
- Contribute to the design and implementation of cost-optimization initiatives aimed at enhancing profitability.
- Participate in the development and review of pricing structures, tariffs, and collection rates across various business segments.
- Assist in the preparation of business plans and regulatory documentation governing the company’s economic activities.
Leading Credit Analyst (Corporate/SME)
Kapital Bank OSJC
Baku
09.2023 - 04.2025
- Conducting in-depth financial and business analysis to assess clients' creditworthiness and repayment capacity.
- Monitoring financial trends and preparing forecasts to evaluate the viability and effectiveness of financing requests.
- Ensuring precise risk assessment and compliance with internal banking regulations and industry standards.
- Structuring lending and trade finance solutions tailored to client needs, and preparing comprehensive credit memorandum with actionable recommendations for presentation to the credit committee.
Leading Specialist in Credit Department
MCB NBCO CJSC
Baku
02.2021 - 09.2023
- Proactively identify, engage, and develop relationships with new and potential business clients.
- Conduct financial analysis and gain a deep understanding of each customer’s business model to propose tailored product offerings, pricing, credit terms, and availability.
- With a thorough understanding of the customer’s business model identify and propose products, prices, availability, and credit terms to customers utilizing and preparation of credit project (memorandum) to the credit committee.
- Existing portfolio management (collections, monitoring, and problem-solving) and making decisions about the investment mix and policy, balancing risk against performance.
Education
Master of Science - Economics And International Business
University of Lodz
Lodz, Poland01-2020
German Language
The Julius Maximilian University of Wuerzburg
Wuerzburg, Germany01-2018
Turkish World of Business Administration
Azerbaijan State University of Economics
Baku, Azerbaijan01-2017
Skills
- Financial analysis and business analysis
- Risk assessment and management
- Microsoft Excel
- Economics
- Relationship management
- Quick learner
- Banking
- Financial and management accounting
- Industry knowledge
- Decision-making
- Negotiation
- Sales
- Project appraisal and evaluation
- Professional skepticism
- Budgeting and forecasting
Languages
French
First Language
English
Advanced (C1)
C1
German
Upper Intermediate (B2)
B2
Russian
Upper Intermediate (B2)
B2
Certification
- ACCA Strategic Business Reporting (SBR)
- ACCA Taxation (TX-UK)
- ACCA Financial Management (FM)
- ACCA Audit and Assurance (AA)
- ACCA Financial Reporting (FR)
- ACCA Performance Management (PM)
- ACCA Corporate and Business Law (LW-GLO)
- ACCA Financial Accounting (FA)
- ACCA Management Accounting (MA)
- Credit Risk Officer by ICC
- Debtor Management by SAT Group
- Practical Sales Couse by SAT Group
- Theory of Accounting and 1c
Timeline
Senior Economist
Azerbaijan Airlines CJSC
04.2025 - Current
Leading Credit Analyst (Corporate/SME)
Kapital Bank OSJC
09.2023 - 04.2025
Leading Specialist in Credit Department
MCB NBCO CJSC
02.2021 - 09.2023
Master of Science - Economics And International Business
University of Lodz
German Language
The Julius Maximilian University of Wuerzburg
Turkish World of Business Administration
Azerbaijan State University of Economics
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