Underwriter - Financial Institutions Group

Job Title: FIG Underwriter (Financial Institutions Group)

Department: Corporate & Investment Banking / Credit Underwriting

Role Overview:

- We are seeking a dynamic and detail-oriented FIG Underwriter to support credit underwriting and risk assessment for clients in the Financial Institutions Group (FIG), including banks, insurance companies, NBFCs, asset managers, and fintechs.

- The ideal candidate will possess a strong foundation in financial analysis, credit risk, and sector-specific dynamics within FIG.

Key Responsibilities:

- Prepare and analyze credit memos, including financial spreads, peer benchmarking, and risk assessments.

- Evaluate the creditworthiness of FIG clients through in-depth analysis of financial statements, regulatory filings, and industry trends.

- Conduct due diligence and support relationship managers in structuring new transactions or renewals.

- Monitor portfolio performance and perform periodic credit reviews, covenant monitoring, and risk rating adjustments.

- Collaborate with stakeholders across risk, compliance, legal, and front office teams to ensure credit decisions align with internal policies.

- Stay updated on regulatory changes, macroeconomic factors, and sector-specific developments affecting FIG clients.

- Support ad-hoc credit projects, reporting, and audits as required.

Required Qualifications:

- 4-8 years of experience in credit underwriting, credit risk, or financial analysis, preferably within FIG or corporate banking.

- Strong understanding of banking, insurance, NBFC, or financial services industry dynamics.

- Solid knowledge of credit risk principles, financial statement analysis, and regulatory frameworks (e.g., Basel norms, RBI guidelines).

- Proficiency in MS Excel, PowerPoint, and credit systems; experience with Bloomberg, Capital IQ, or other financial databases is a plus.

- Excellent communication skills, both written and verbal, with an ability to present findings to senior stakeholders.

Preferred Qualifications:

- MBA (Finance) / CA / CFA Level 2+ preferred.

- Exposure to international credit frameworks or multi-country portfolios is a plus.

- Experience working with global banks or large NBFCs is advantageous.