About the Company: This company, holding an impressive CRISIL rating of A1+, is recognized by the Reserve Bank of India (RBI) as a non-banking finance company specializing in infrastructure finance (NBFC-IFC). They have obtained the Certificate Of Registration to operate as an Infrastructure Financing business in India. Primarily engaged in providing financial services, they focus on delivering debt and associated financial solutions specifically tailored for the infrastructure sector. Incorporated on May 23, 2019, the company is a public limited entity situated in Mumbai City, Maharashtra. Role & Responsibilities: - To undertake a comprehensive study into the credit worthiness of applications for Infrastructure 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 - To perform portfolio monitoring and analytics for effective risk monitoring & formulate compliance processes for new and existing business - To monitor the infrastructure lending portfolio performance by continual analysis of fundamentals & reviewing the ratings, analyze 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 - 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 Infra lending portfolio - To present periodic MIS to the Chief Compliance & Risk Officer and other internal and external stakeholders - To coordinate with Business group to implement strong credit recovery mechanisms for default loans recovery and avoidance - To coordinate with Business Group to ensure monitoring of repayment schedules of Infrastructure and Project 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 take action against defaulting parties Key Skills and Qualifications: - Education: CA/MBA - Experience: 7 to 10 yrs - Working knowledge of infrastructure finance - Sound knowledge and understanding of infrastructure sectors (specifically the renewable energy sector) - Sound knowledge of financial statements, ratios and related analysis - Self-motivated and customer oriented - Sound problem solving and decision-making skills - Good communications and interpersonal skills For any queries, reach out to: Tishya Karar: WhatsApp: +919730778237 Puneet Chaudhary: WhatsApp: +9197697 99970

Mumbai

Underwriter - Credit Risk - Renewable Energy Sector 

Job Description for Underwriter - Credit Risk - Renewable Energy Sector  in Virtuousresources in  Mumbai for (7-10) years of experience. Apply Now!