4 Sageworks Jobs

Greetings for the Day !!! We are Hiring for a Sr. Business Analyst with Financial Spreading software Experience for Hyderabad & Bangalore Location, Please find below attached Detailed Job Description. Job Description : Designation: Business Analyst - Financial Spreading Software Client : IDEXCEL Technologies, Full Time Position Experience: 6+ Years Notice Period: immediate to 15 Days Work Mode: Work From Office( 5 Days in a week) Interview Mode: ( 2 Levels) 1 St Level will be online, 2 nd Level will be F2F. Work Location: Bangalore, Hyderabad Business Analyst - Financial Spreading Software Job Summary We are seeking a highly motivated and experienced Business Analyst to join our team in developing cutting-edge financial spreading software. As a Business Analyst, you will play a crucial role in gathering and documenting business requirements, collaborating with stakeholders, and ensuring the software meets the needs of our clients in the Commercial & Industrial (C&I), Commercial Real Estate (CRE), and Agriculture lending sectors. You will be responsible for understanding the intricacies of financial spreading, creditworthiness assessment, and credit decision-making processes within these industries . A key function of this role is to serve as a liaison between business stakeholders and the development team, ensuring clear communication and alignment on software requirements and functionality . This role requires a deep understanding of the importance of automation and efficiency in financial spreading software. The ideal candidate will be familiar with features such as automated data extraction from financial statements and tax returns , integration with other financial tools , and the ability to improve the speed and accuracy of credit decisions . Responsibilities and Duties · Elicit, analyze, and document detailed business requirements for financial spreading software from various stakeholders, including lenders, credit analysts, and underwriters. · Conduct market research to identify industry trends, best practices, and competitive landscape in financial spreading software, with a focus on C&I, CRE, and Agriculture lending. · Translate business needs into functional and non-functional requirements, user stories, use cases, and process flows for the development team6. · Collaborate with the development team to ensure the software design and functionality align with the documented requirements. · Ensure the software design and functionality adhere to relevant regulations and industry standards in financial spreading and credit risk assessment. · Create comprehensive user acceptance testing (UAT) plans and test cases to validate the software against the defined requirements. · Participate in UAT sessions, document defects, and work with the development team to resolve issues. · Contribute to the development of user manuals, training materials, and online help documentation to support user adoption and understanding of the software. · Stay informed about regulatory changes and industry standards related to financial spreading and credit risk assessment in C&I, CRE, and Agriculture lending. · Support the product management team in defining the product roadmap and prioritizing features based on market needs and client feedback. · Support the implementation and adoption of the software by users, including providing training and facilitating change management activities. · Incorporate feedback from stakeholders, such as product managers and lead developers, to refine and improve the software requirements and design. Required Skills and Experience · Proven experience as a Business Analyst in the financial services industry, with a focus on lending and credit risk management. · Strong understanding of financial spreading methodologies, including the analysis of financial statements, tax returns, and cash flow projections . · Specific knowledge of C&I, CRE, and Agriculture lending practices, including creditworthiness assessment, loan structuring, and risk mitigation strategies . · Familiarity with credit risk assessment tools and techniques, such as financial ratios, credit scoring models, and stress testing . · Experience with data analysis and financial modeling tools, such as Excel, SQL , and statistical software packages. · Familiarity with leading financial spreading software solutions and platforms in the market (e.g., Moody’s CreditLens, Sageworks, nCino, Baker Hill NextGen) . · Strong analytical and problem-solving skills, with the ability to identify and articulate business needs and translate them into software requirements . · Proficiency in using requirement management tools and techniques, such as JIRA, Confluence, and Agile methodologies . Educational Qualifications · Bachelor’s degree in business administration, Finance, Economics, or a related field. · Master’s degree in business administration (MBA) or a related field is preferred . · Relevant certifications, such as Certified Business Analysis Professional (CBAP) or Certified associate in project management (CAPM), are a plus . Specific Knowledge of C&I, CRE, and Agriculture Lending Practices To effectively gather and analyze business requirements for financial spreading software, the Business Analyst should possess specific knowledge of lending practices across various sectors: · C&I Lending: o Understanding of various types of C&I loans, such as working capital loans, term loans, and lines of credit . o Knowledge of key factors in assessing credit risk for C&I businesses, including industry analysis, competitive landscape, and management quality . · CRE Lending: o Understanding of different types of CRE properties, such as office buildings, retail centers, and industrial properties . o Knowledge of CRE valuation methods . · Agriculture Lending: o Understanding of the unique characteristics of agricultural businesses, including seasonality, commodity price fluctuations, and government support programs . Understanding of Credit Risk Assessment and Mitigation The Business Analyst needs a strong understanding of credit risk assessment and mitigation strategies: · Creditworthiness Assessment: o Ability to analyze borrower financial statements, including balance sheets, income statements, and cash flow statements . o Understanding of key financial ratios and metrics used to assess creditworthiness . · Risk Mitigation: o Familiarity with various credit risk mitigation techniques, such as loan covenants, collateral requirements, and guarantees . Experience with Data Analysis and Financial Modeling The Business Analyst should have a strong foundation in data analysis and financial modeling: · Proficiency in using spreadsheet software, such as Microsoft Excel, for financial analysis and modeling. · Experience with database query languages, such as SQL, to extract and analyze data from financial systems . Conclusion This Business Analyst position offers a unique opportunity to be at the forefront of developing innovative financial spreading software that will revolutionize credit decision-making in the financial services industry. The successful candidate will be a highly analytical and communicative individual with a deep understanding of C&I, CRE, and Agriculture lending practices, and a passion for leveraging technology to improve efficiency and accuracy in credit risk assessment.

Key Roles And Responsibilities Leading a team of 4-6 analysts which supports a US bank in credit risk assessment of (i) Commercial Real Estate (CRE) loans and (ii) Commercial and Industrial (C&I) loans. Please note that CRE expertise is our primary requirement and C&I expertise is a good-to-have. The individual should be able to review the spreads and reports prepared by the analysts and interact with the client on a regular basis to discuss analytical aspects of work as well as the work pipeline. The key activities include research and analysis of the CRE/ C&I entity to assess their credit strength. Experience requirement for CRE: In his/her experience, the individual should have carried out activities including sourcing information such as updated operating statements, rent rolls, valuation reports, spreading financials in financial spreading tool such as Sageworks, conducting CRE cash flow analysis, preparing detailed credit reports. Good understanding of tools like CBRE, CoStar, RCA, REIS, Moody’s CMM and Knowledge of Intex, Bloomberg will be preferred. Experience requirement for C&I: In addition to the expectations mentioned in the above points, spread financials (Audit, Business Tax Returns, Personal Tax returns, etc.) in financial spreading tool such as Sageworks and CreditLens, analysis and calculation of qualifying income from various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc. A good understanding of nCino, Salesforce, RMA reports and Knowledge of Intex, Bloomberg will be preferred. Support franchise building activities like writing of blogs/ articles Minimum & Preferred Education CA/ MBA/ CFA/ FRM Minimum & Preferred Experience 7+ years of work experience

Key Roles And Responsibilities Supporting US bank’s team in credit risk assessment of (i) Commercial Real Estate (CRE) loans and (ii) Commercial and Industrial (C&I) loans. The key activities include research and analysis of the CRE/ C&I entity to assess their credit strength. Candidates with extensive experience in CRE and limited experience in C&I may also apply. For CRE: Source information such as updated operating statements, rent rolls, valuation reports, spread financials in financial spreading tool such as Sageworks, conduct CRE cash flow analysis, credit analysis of the loans and preparing detailed annual and quarterly credit memos, to evaluate borrower's loan repayment ability, covenant monitoring, rent-roll analysis and property valuation. Good understanding of tools like CBRE, CoStar, RCA, REIS, Moody’s CMM and Knowledge of Intex, Bloomberg will be preferred. For C&I: In addition to the skill-set expectations mentioned in the above points, spread financials (Audit, Business Tax Returns, Personal Tax returns, etc.) in financial spreading tool such as Sageworks and CreditLens, analysis and calculation of qualifying income from various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc. A good understanding of nCino, Salesforce, RMA reports and Knowledge of Intex, Bloomberg will be preferred. Should be able to defend his/ her views on the covered entity when challenged by senior stakeholders and clients, interact effectively with clients. Support project managers on ad hoc projects. Minimum & Preferred Education Minimum: Bachelor’s degree in commerce or finance or equivalent experience in Commercial and Industrial loans underwriting. However, MBA or equivalent will be preferred. Minimum & Preferred Experience 3 to 4 years of work experience Show more Show less

Job Description: Required Skills and Experience · Proven experience as a Business Analyst in the financial services industry, with a focus on lending and credit risk management. · Strong understanding of financial spreading methodologies, including the analysis of financial statements, tax returns, and cash flow projections . · Specific knowledge of C&I, CRE, and Agriculture lending practices, including creditworthiness assessment, loan structuring, and risk mitigation strategies . · Familiarity with credit risk assessment tools and techniques, such as financial ratios, credit scoring models, and stress testing . · Experience with data analysis and financial modeling tools, such as Excel, SQL , and statistical software packages. · Familiarity with leading financial spreading software solutions and platforms in the market (e.g., Moody’s CreditLens, Sageworks, nCino, Baker Hill NextGen) . · Strong analytical and problem-solving skills, with the ability to identify and articulate business needs and translate them into software requirements . · Proficiency in using requirement management tools and techniques, such as JIRA, Confluence, and Agile methodologies . Show more Show less