Team Member - Credit/Emerging & Growth - NBFC

Team Member - Credit, Emerging & Growth Clients - Mumbai

About Client: It is an NBFC engaging in providing bespoke finance solutions for Large Corporates & Emerging Corporates (Corporates with more than Rs 750 crs turnover) along with Debt Capital Market Solutions. It caters in wide array products like Corporate Loans, Working Capital Demand Loans, Structured Finance, Project Finance solutions for its clients along with a wide range of Protecting, Investing, Financing & Advising (PIFA) products.

Industry: Banking/NBFC/Rating Agency

Education: MBA Tier 1/2 or CA

Purpose of the Job:

1. To undertake comprehensive credit analysis and evaluation of Emerging & Growth Clients lending proposals:

- To undertake a comprehensive study into the credit worthiness of applications for Mid-market lending, cross verify the credit records of borrowers/guarantors & undertake critical analysis of risks (market, credit, interest, exchange & legal) associated with the application.

- To ratify appraisal reports received from the credit teams of business groups for each application with internal credit ratings & evaluate recommendations received in support of lending decisions.

- To ensure efficient turnaround time for validating the proposals and preparing the risk notes

- To get information about the borrower and the proposal from various networks and suitably use them in the proposal evaluation.

- To monitor the compliance of internal and regulatory guidelines, companies act, income tax act etc.

- To have risk awareness about macro and sectoral issues related to infra financing.

- To constantly evaluate the competitive norms in Banks and Leading NBFCs for Risk metrics and allowances and deploy the best practices in the organization

2. To perform portfolio monitoring and analytics for effective risk monitoring & formulate compliance processes for new and existing business:

- To monitor the Emerging & Growth Clients lending portfolio performance by continual analysis of fundamentals & reviewing the ratings, analyse the covenants and evaluate industry performance in that sector.

- To devise various analytical tools to measure the portfolio health from various angles and highlight 'early warning' signals.

- To review the covenants of loan proposals at frequent intervals and undertake action for serious deviations.

- To regularly upgrade credit procedures & ensure their compliance with internal & external rules of lending

3. To manage a robust documentation mechanism for business proposals & develop MIS reporting for areas under risk management:

- To maintain the credit committee notes, risk notes, final copy of credit arrangement letters.

- To maintain accurate reports & analysis of portfolio risk variances & trends for the Emerging & Growth Clients lending portfolio

- To present periodic MIS to the Chief Compliance & Risk Officer and other internal and external stakeholders

4. To coordinate with Business group & portfolio monitoring team to implement strong credit recovery mechanisms for default loans recovery and avoidance:

- To coordinate with Business Group to ensure monitoring of repayment schedules of Emerging & Growth Clients finance borrower accounts & their timely recoveries.

- To provide tactical inputs for action plan on critical accounts

- To work closely with the business team and legal team to act against defaulting parties

Required Key skills:

- Sound understanding of financial statements such as Balance sheet, P&L A/c & Cash flow statements

- Strong quantitative & financial modelling skills, sensitivity analysis and DSCR calculations

- Knowledge of computation of key financial ratios

- Knowledge of Basic Banking products

- Communication and presentation skills

- Good knowledge of Word, Excel and PPT