Research Lead - KPO

- The person should be 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.

- 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.