Role: Risk Associate - An emerging MNC renewable energy company active in solar power projects across Asia, is looking to hire a full-time employee for its in-house credit assessment and risk management role. The role would require the candidate to evaluate credit profiles of potential corporate customers across geographies like India, Singapore, Thailand, Australia, Philippines and other emerging Asian countries and assign a risk metric as per the Company's independent credit assessment framework. - The role would also involve hands-on approach to risk management specifically in the areas of creditors/receivables, project and general insurance, indemnities, power purchase agreements (PPA) and other commercial risks for a utility company catering to private sector clients. Responsibilities: - Evaluating clients credit data and financial statements in order to determine the degree of risk involved in signing PPA with them - Reviewing the clients against the Company's independent credit risk assessment framework to determine internal credit ratings for potential clients across Asia - Filling out credit assessment forms and including the credit analysis and PPA request summaries, then submitting these forms to management committees for their approval - Analyzing portfolio of solar power projects and using the data to recommend risk management plans - Reviewing the adequacy of the Company's independent credit risk assessment framework and making suitable changes in co-ordination with the risk committee members - Liaise with insurance companies for negotiating and purchasing project related insurance, receivables, indemnity and other corporate insurance covers. - Executing remedial management efforts with defaulting customers to minimize bad debts and ensure timely collections - Constructing and analyzing financial model. Ideal Candidate: - 1-2 years of experience in corporate credit assessment experience. Experience with global credit ratings team would be added advantage - Graduate from a premier institute. Post-Graduation (MBA) and/or Professional Qualification (CA/CFA) would be preferred - Advanced Excel, modeling experience - Finance &amp; Accounting skills required - Commercial acumen to take credit calls and risk mitigation plans About the Company:&nbsp; Cleantech Solar Cleantech Solar is a pan-Asia, independent Power Producer (IPP) focused on the Commercial &amp; Industrial (C&amp;I) customer segment. Cleantech Solar constructs, finances and owns solar projects, while the customer only pays for the power generated. Cleantech Solar is focused on installing high quality rooftop photovoltaic projects with no exposure to government subsidies for fortune 100 and Tier 1 local companies. The team members have between them developed, Financed and installed over USD 1bn of projects and Have experience with some of the world's leading Solar developers, panel manufacturers, construction Companies, research institutions, and IPPs.

Mumbai

Cleantech Solar - Risk Associate - Credit Assessment & Risk Management 

Cleantech Solar - Risk Associate - Credit Assessment & Risk Management  ,Job Description for Cleantech Solar - Risk Associate - Credit Assessment & Risk Management  in Cleantech Solar in  Mumbai for (1-2) years of experience. Apply Now!

Job Description for Cleantech Solar - Risk Associate - Credit Assessment & Risk Management  in Cleantech Solar in  Mumbai for (1-2) years of experience. Apply Now!