Crisil - Research Analyst/Senior Research Analyst - Credit Limit Monitoring

Job title- Analyst/Senior Analyst

Location- Mumbai/Pune/Gurgaon/Bangalore

Experience- 2-8 years

Job Duties - Work with team of onshore analysts to cover credit portfolio of corporates

- Identify exposures and limits applicable to different credit products, track and identify breaches vis- vis bank pre-set internal trigger levels

- Validate limit breaches as positive or false breach, source additional information for such validations and document findings

- Escalate positive breaches to appropriate authorities and propose remediation plans. Track execution of the approved remediation plan for positive breaches and ensure completion of resolution plans per pre-defined timelines

- Prepare opinion based credit reports and financial models based on fundamental analysis for a set of assigned credits/companies. The credit assessment process requires the following:

- Undertaking research and analysis of an entity through thorough assessment of its credit strengths and weakness and weighing its business and financial risk profile.

- Understanding the potential for sovereign support or parent support which would need to be factored into the credit assessments.

- Preparing a detailed credit assessment report and elaborately discuss the company profile and credit risk considerations.

- Preparing and updating detailed financial models encompassing financial analysis, capital structure analysis, calculation of key credit quality determinants and financial projections (upto 7 years).

- Determine and recommend ratings to the entity based on the internal rating framework and methodology.

- Propose process/procedure improvements in limit monitoring process and limit framework

- Develop and maintain MIS and dashboards to report on progress and impact of remediation efforts

- Regular interaction with client to discuss reports as well as workflow

- Support the client with any ad-hoc research requests including sector research

- Engage with client teams proactively and suggest new ideas to enhance client engagement

- Train new hires and mentor juniors in the team

FUNCTIONAL & BEHAVIOURAL KNOWLEDGE

- Experience in deal financial modeling/ surveillance/ portfolio monitoring and credit analysis

- Good understanding of banks limit monitoring framework and policies to comprehend trigger/breach levels, reporting practices and escalation procedures

- Reasonable understanding of banks internal systems

PROBLEM SOLVING

- Identifies and resolves complex research issues and team problems

- Assist in solving complex problems related to financial modeling

INTERACTIONS

- Works within own team and interacts with other related teams

- Communicates with internal & external clients and/or issuers as necessary

TYPICAL SCOPE & IMPACT

- Impacts the quality and effectiveness of own team

Academic Qualification - MBA or CA or Master's degree preferred; CFA/FRM certification is a plus

Skills and Traits Required

- 2-8 years of work experience preferable in credit risk/credit research

- Experience of monitoring exposures and limits as well as reporting on breaches

- High level of attention to detail and accuracy; Diligence and hard work

- Willingness to dig deep into data, and build additional insights into the credit portfolio

- Organization skills and the ability to manage and prioritize workload

- Good understanding of MS office products