Management Trainee - Credit Underwritting

Role Details

Team/ Function

Credlix/Credit Underwriting 

Location

Mumbai

Designation

MT Credit Underwriting

Role Related Skills

1. Credit Underwriting
2. Portfolio Monitoring
3. Sectoral Research

Reporting

Reporting Manager

AD/Director - Credlix

Role Objective

The incumbent will be expected to do perform credit underwriting, due diligence and monitoring of borrowers related to Supply Chain Finance – both domestic and export finance

Role Responsibilities

• Assess the credit worthiness of borrowers by analyzing financial statements, CIBIL scores, GST, Bank statements, ITRs
• Familiar with working capital assessment methods, cash conversion cycles including MPBF
• Understanding various Business models and potential risk factors impacting their credit worthiness
• Visit the manufacturing facilities, understand the business and identify any red flags
• Coordinate with relationship managers and the company to fill any information gap
• Prepare credit appraisal memorandum and present to the credit committee for approval
• Adhere to the credit process and policy documents of the organization. Work with the team members to establish the best practices in line with industry standards
• Continuous monitoring of the existing portfolio and identify early warning signals including various macro parameters

Qualification & Experience

Essential/

Desirable

Work Experience

0-1 years of experience in similar profile with a Bank, NBFC or a rating agency

Essential

Knowledge/

Ownership driven - Ability to take ownership of all the borrower related communication and clarifications 

Essential

Comfortable working in a high-growth and start-up-oriented environment

Essential

Willingness to set up things from scratch

Desirable

Excellent communication skills with an ability to make coherent arguments 

Essential

Education

CA  - Essential