IFMR Capital - Associate - Credit Risk

Key Responsibilities:

IFMR Capital is looking for an Associate with 3-4 years of experience to join its Risk team at the offices in Chennai.

- The Associate will be primarily responsible for the Credit Analysis function, as part of a team that measures and manages risk for a portfolio of debt and structured finance investments in inclusive finance institutions ranging from microfinance institutions, affordable housing finance, small enterprise lending, used commercial vehicle finance, and agri-business enterprises.

S/he will be responsible for:

- monitoring and providing commentary on the financial and portfolio performance of our clients on a periodic basis and for every new transaction,

- tracking clients’ compliance with financial covenants and regulatory requirements,

- preparing risk notes for new clients post due-diligence,

- contributing to financial modelling and risk modelling efforts,

- supporting the Risk team as needed.

S/he must possess excellent financial analysis skills (via an MBA or Masters in Finance or a CA), strong report writing skills (which will be tested at the recruitment stage), a desire to continually innovate and add value, and a sound understanding of risk management.

Qualifications, Experience & Skills:

- Minimum Qualification: An MBA in Finance from a top-20 institution, or CA (all levels passed). ACFA charter or FRM certification would be considered a significant advantage.

- Minimum Experience: At least 3 years experience in credit analysis, equity research, credit research, or corporate finance (banks, NBFCs, investment funds, or rating agencies).

Skills:

- Strong financial analysis skills needed, as well as the ability to build and run financial models

- Must have eye for detail and ability to catch errors in not only own work but that of others

- Excellent grammar and writing skills that are necessary for flawless, high quality reports and risk notes. Must be able to put ideas together comprehensively and concisely to present a convincing message.

- Willingness to participate in field visits to our clients across the country to understand the business and operational model. Travel would not be more than 20% of the time and is intended as a learning tool for this particular role

- Interest in financial inclusion

- Ability to stretch oneself and work under pressure, handle multiple projects simultaneously, and meet deadlines.

- Fluency in English, written and oral required. Abilities in a second language a bonus

- Undertake all other duties and projects as may be assigned from time to time

Contact us

To contact us about this position, please send in your application to along with your updated resume and a cover letter explaining how you could be a good resource for the profile.