Credit Analyst

Job Description

Job Description: You will report to the Sr. Manager / Manager of credit. Your responsibilities will include evaluating the financial state of potential customers, monitoring existing clients, performing risk assessments, determine credit worthiness of applicants, writing detailed reports, and making informed decisions while extending credit Roles & Responsibilities: Comprehensive analysis of credit proposals, business, operations, financial statements, performance, projections, and other information to assess the credit worthiness of the entity. Discuss with the key management personnel of the entities being rated to understand their strategy, background, business model and risks. Preparation of credit notes and presentation of proposals to the Lender to ensure successful and quick sanctions from the Lender partners. Ensure adherence to the terms and conditions of each Lender. Oversee the entire borrower journey from when the proposal is received to disbursement of the loans. Additionally, periodically review the performance of each customer. To facilitate quick turnaround of credit lending proposals in close liaison with the credit analysts, sales teams, and Lenders. To undertake necessary steps for risk mitigation, when required, while ensuring adherence to legal & documentation norms & policies and highlight credit risks and mitigating actions to facilitate decision making by relevant approving authorities. Structuring of financial products when necessary in close coordination with the Lender based on the requirements of the applicants. Lender-wise mapping for portfolio diversification and profitability based on the requirements of the borrowers and products offered by each Lender. Monitor portfolio quality on an ongoing basis and dynamically update credit views on counterparties, sectors and other risks. Identification of Early Warning Signals for signs of stress in portfolio companies and working with the business team in devising appropriate mitigation strategies, wherever required. Ensuring understanding of the risks and opportunities for each credit exposure across the Portfolio. Assist in the preparation & implementation of new product programs. Employ tools such as automation and digitization to increase process efficiency by coordinating with operations, product and tech teams. Leading and managing a team of analysts and associates in credit and operations. Responsible for all activities of the entire team. Team & account management would include, but not limited to, staffing, talent retention, training & development of the team, coaching, sharing of best practices, providing feedback, appraisal management, etc. Prepare, track and present regular MIS on portfolio performance. Coordination with relevant stakeholders and ensure alignment of objectives. Completion of additional tasks assigned by the seniors as and when required. Must Have: CA or MBA in Finance from a premier Institute 1-3 years of experience in credit evaluation or fixed income fundamental research with Banks/NBFC/Startups/Credit rating agency/Mutual Funds/Insurance companies. Experience in conducting Credit Assessment of business loans in Banks/NBFC/Fin-tech will be an added advantage. Good to Have: Good Analytical, Organizational and Communication skills Ability to work under pressure in a high churning environment and deliver quality research output on time. Ability to work well in collaborative environments and can perform individually when required. Solid grasp of financial analysis and risk models. Ability & keen interest in understanding Businesses and its drivers. Hands-on experience in Excel; love working with numbers and analytical in your approach. Location: Mumbai