Associate Consultant at TD Newton & Associates
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Credit Analysis - Large Corporates Segment - Banking (3-10 yrs)
Responsibilities:
- Preparing credit applications / annual reviews of counterparties to assess their credit quality, recommending appropriate credit limits, obligor rating, terms and conditions that address client credit risk and transaction risk.
- Assure Annual Reviews and obligor risk ratings of assigned portfolio are done within prescribed timelines.
- Assure post approval activities and other credit related tasks are completed on time.
- Interact regularly with onshore stakeholders on deliverables and timelines and deliver as per expectations.
- Reviewing all relevant legal documentation (i.e. credit agreements, Guaranty, ISDA, CSA) and proposing changes as necessary to comply policies.
- Ensure compliance with all applicable regulatory requirements and credit policies for the portfolios assigned.
- Perform ongoing monitoring of client credit quality to identify a possible deterioration of credit quality including monitoring covenants and watch list triggers.
- Be proactive to take up adhoc and complex assignments while not impacting the scheduled annual reviews.
Profile Required:
- Strong financial analytical skills and understanding of accounting (local GAAP and IFRS), legal, and reulatory issues governing relevant sectors
- Good understanding of various legal agreements (term sheet, Credit Agreement, ISDA & CSA, GMRA, GMSLA, SBLC agreement) and ability to assess credit terms and conditions, including financial covenants, security and collateral
- Knowledge of capital markets / traded products, commercial financing facilities and investment banking products
- Strong writing skills particularly assessing and summarizing financial transactions (credit requests, covenant waivers, etc.) and making a recommendation
- Ability to prepare financial models / forecasts for various scenarios
- Ability to complete work with minimal or no supervision and accommodate shifting priorities
- Proficiency in MS Word, MS Excel, MS PowerPoint
- Knowledge of market data tools like Thomson Reuters, Capital IQ, Bloomberg, SNL, etc.
Specific Context:
Conduct a thorough and comprehensive counterparty risk assessment of Large Global Organizations, propose internal risk rating, justify limits and mitigants, and submit a written recommendation for approvals to risk department. Also involves continuous monitoring of the counterparty risk profile
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