HDFC Bank - Rating Analyst - CA/CFA/IIM/FMS/MDI/XLRI

Job Purpose

Primarily responsible to carry out independent assessment on the credit quality of a borrower to indicate the level of risk associated with the borrower by assigning ratings as per Bank's internal rating model.

Ensuring that the ratings are accurate and up-to-date with the all available information at all points of time by tracking news, reports both internal and external and quarterly performance of the

Job Responsibilities(JR) : 6 - 8 Areas

Actionable (4-6)

Assign Ratings independently

- Comprehensive and independent analysis of companies' performance in assigned portfolio by assessing credit proposals, financial statements, projections and other information to assess the credit worthiness of the entity

- Analyzing the business model, identifying strengths, weakness, risks, understanding the revenue models and the corporate structure of the businesses

- Independently handling rating assignments for entities of varying sizes and preparing rationales for the ratings assigned

- Assign ratings as per Bank's internal rating scale after thorough understanding of the borrower, industry and peer group analysis

Surveillance of ratings

- Surveillance of ratings in the assigned portfolio

- Review of ratings basis any new developments in the company/industry

- Monitor the ratings through multiple surveillance frameworks in place.

- Ensure all the latest available information is factored in the ratings

Industry Analysis

- Analysis of industry/sector assigned

- Read through industry reports by various agencies

- Attend webinars and seminars pertaining to the industry to keep ourselves abreast of the latest updates and trends in various industries.

- Industry presentations evaluating sector performance and rating movement at a portfolio level

Frameworks

- Responsible for one of the surveillance frameworks in the team

- Follow-up with RAs for feedback on cases appearing in the framework

- Review the feedback and monitor the timely rating action to be taken, if required.

- Presentation to senior management on the outcome and key rating actions

Others

- Monitoring portfolio performance for stress indicators and recommend suitable rating actions and highlight key risk factors to the credit team.

- Preparing newsletters on industry/portfolio for circulation internally

- Replies to audit observations

- Any other assignments depending on the needs of the organization

- Adhering to the policies

Educational Qualifications

Key Skills

CA, CFA or MBA from a Tier 1 institutes

- Excellent analytical skills

- Strong Interpersonal / Communication skills

- Experience in handling large volumes and good in excel skills

- Good understanding of Banking products

Experience Required

- Minimum experience in years - 2-4 years

- Experience in ratings, credit underwriting or policy related job role for Mid and Large Corporate segments in any Rating agency, Bank, NBFC's, Research & brokerage houses or KPO's.