CRISIL - Manager - Recovery Analysis - Large Corporates

Business: Ratings

Department: Large Corporate Sector

Job Role: Manager

Position: Manager

- The role involves credit ratings and recovery ratings

Recovery risk rating assignments involve:

- Analyzing various resolution strategies (such as restructuring; sale of business; sale of assets; settlement) adopted by asset reconstruction companies (ARCs) to resolve stressed assets

- assessing the future cashflows basis these resolution strategies

- Credit rating assignments involve rigorous credit risk analysis encompassing industry / business research and financial analysis of corporates

- Analyze Company's financial performance which include.

- Past financial and business performance & Benchmark these against peers' performance.

- Validate future performance of the company prepared by analysts (with assumptions)

- Advance knowledge of financial ratios and cash flow analysis is mandatory

- Maintain a high quality of analytics and rating committee presentation - respond to the questions/provide clarifications in support of the rating recommendation

- Preparation of rating reports that cogently capture the rationale behind the rating

- Ensure adherence to regulatory timelines

- Regular communication with clients - to understand their strategy and business model, rating communication etc

- Client Management / Stakeholder Management.

- Discuss with the key management personnel of the corporates being rated to understand their strategy and business model

- Explain the final rating assigned to the bank facilities of the client

- Complete ownership of key client accounts. Responsible for all day-to-day operations of the account through analytical team. Interfacing with clients for all operational activities.

- Contribution to sectoral research/opinion pieces being published by CRISIL on a regular basis

Required qualification and work-ex:

- CA/MBA/MMS with 4-7 years of relevant work experience in credit assessment of large corporates or stressed assets or in ARCs

Required skill sets:

- besides soft skills, financial statement analysis, a candidate should have good analytical skills, stakeholder/client management skills and analytical report writing skills

Preference: relevant work experience in credit analysis or recovery analysis with banks, asset reconstruction companies; rating agencies; stressed asset division of banks/FIs etc