Credit Underwriting (LS) - Associate

Credit Analysis (Lending Services) - Associate

Job Location - Gurgaon

Mode - Work from office

Job Purpose

We are looking for a dedicated and motivated individual who has strong technical, analytical, and organizational skills for our Lending Services team and can perform credit analysis & risk assessment for small business banking borrowers.

Key Responsibilities

• Prepare detailed credit review/underwriting memos (annual/quarterly) including borrower profile, industry overview, key credit considerations, risk assessment, rating rationale, and detailed financial analysis of borrowers
• Analyze borrower and guarantor creditworthiness by evaluating business models, ownership structures, revenue streams, debt obligations and capital structure
• Perform comprehensive financial analysis of borrower and guarantor statements (Income Statement, Balance Sheet, Cash Flow), including, Identification of trends, earnings quality, and sustainability, Cash flow adequacy and liquidity assessment, Leverage and capital structure evaluation
• Analysis of personal financial statements, tax returns, and net worth
• Normalize financial statements by adjusting for non-recurring, extraordinary, and discretionary items to derive true operating performance and recurring cash flows.
• Calculate and interpret key credit metrics including coverage Ratio, leverage ratios, Net Worth and Global Cash Flow
• Conduct covenant analysis and ongoing monitoring, including detailed review of credit agreements to identify financial and reporting covenants, testing borrower compliance with covenants (DSCR, leverage, liquidity, etc.), early identification of potential breaches and risk triggers
• Screen and interpret loan documentation to ensure alignment between underwriting assumptions and approved credit structure, including collateral, covenants, and reporting requirements.
• Ensure accuracy, quality, and timeliness of deliverables while managing multiple transactions/reviews under tight deadlines.
• Collaborate closely with relationship managers, credit officers, and clients to clarify financials, obtain required information, and ensure adherence to credit policies and expectations
• Monitor Covenant compliance and reporting, know how to calculate covenant and compare them against threshold
• Understanding of Borrowing Base and its calculation

Key Competencies

• MBA (Finance) / CA (CPA equivalent) / CFA
• Experience of 1-2 years in credit report writing
• Strong understanding of credit principles, policies, and regulations
• Proficiency in Advanced MS Excel
• Excellent written and spoken communication skills
• Experience of working for a US based bank will be an added advantage

If you have relevant experience and can join us within 60 Days, please email your resume to Alisha.Giri@acuityanalytics.com.