Credit Research Professional - KPO

We are looking for Credit Research Professionals who are currently in Bangalore but looking for relocation to Delhi/Ncr.

Credit Research (Quantitative role), check the following things from candidates whether they are working on this in their current job or not:

- The person is doing credit research for the companies (creating detailed credit models, Debt structure analysis, Liquidity analysis). We are not looking for the people doing credit appraisal for individuals / small companies in banks

- Aware about credit research market: Investment Grade, High-yield category. Not just basic understanding, even what type of model and information needs captured for these categories of companies

- Covenant analysis, credit facilities etc.

Also, see below the credit section's snapshot of a relevant profile, try to map some of these areas while screening:

- Credit Research (both Investment Grade & High-yield):

- In depth study of the financial statements and building detailed fixed income financial models (Companies including US & Europe) including spreading of financials (Income Statement, Balance Sheet & Cash Flow Statement) for last 5 years, calculation of Free Cash Flow, Adjusted EBITDA based multiples, credit ratios, liquidity assessment, covenants check etc.

- Financial forecasting based on the analysis of operating statistics, key financial metrics, Industry research, company presentations etc.

- Detailed Debt structure analysis by segregating total debt on seniority wise (1st lien, 2nd lien & subordinate debt); calculation of leverage at each level. Creation of Pro Forma debt structure & maturity schedule for new issuance

- Debt Maturity Analysis with liquidity calculation and credit facility study;

- Writing Credit memo including company description, S&P and Moody's Ratings Rationale, operating footprints, growth strategy, financial targets, covenant compliance, credit facility availability, SWOT Analysis, Long term outlook etc.

- Quarterly detailed earning write-ups including financials performance versus consensus, company guidance, Capex estimation, funding plan etc.

- Relative Valuation (for bonds) :Comparison of Bond prices, Yield to maturity & Yield to worst, OAS, key credit ratios etc.