Associate- Credit Analyst

Department Icon Investment Banking, Private Equity & VC
118+ Applicants
Posted: 4 years ago
1-3 years
Chennai
Work From Office

Posted: 4 years ago
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Applicants: 120+
Job Description
About Company
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Job Description




About CredAvenue





CredAvenue is India’s first and largest institutional debt platform that provides full-stack debt infrastructure across discovery, execution and fulfilment. We started in 2020 with a vision of transforming and deepening the global institutional debt market through technology. Our two-sided debt marketplace helps institutional and HNI investors find the widest network of corporate borrowers and debt products on one side and helps corporates to discover investors and access debt capital efficiently on the other side. Switching between platforms is easy, which means investors can lend, invest and trade bonds - all in one place. All 5 of our platforms shake up the traditional debt ecosystem and offer new ways of digital finance.





Loans – term loans and working capital loans


Bonds – fixed income securities like bonds, commercial papers and MLDs


Pools – structured finance products like asset-backed securitization, PTCs and DAs


Supply Chain Finance – dealer and vendor financing, factoring and dynamic discounting


Co-Lending – co-origination platform for banks, NBFCs and fintechs





Currently, we have onboarded over 2300+ corporates, 350+ investors and have facilitated debt volumes of over INR 90,000 crores so far.





Backed by marquee investors like Sequoia Capital, LightSpeed and Lightrock, we are the only-of-its-kind debt platform globally, revolutionizing the segment. The milestone of achieving India's largest Series A funding of USD 90 million is a testament that our company and its partners sincerely believe that #NextIsDebt.





CredAvenue is constantly growing with 400+ like-minded individuals today, who are changing the way people perceive debt. We are a fun bunch who are highly motivated and driven to create a purposeful impact. Come, join the club to be a part of our epic growth story.




About the team and Role:






Credit team analyse the credit profile of corporate clients in CredAvenue marketplace on a regular basis and present the analysis to investors to help them in making informed decision. The team monitor the clients through desk analysis, telephonic / in person discussions with managements and field visits. The entire workflow of data collation, analysis and presentation happens in CredAvenue with the support of technology, data engineering and data science.




Primary Responsibilities:


    • Comprehensive credit risk assessment of CredAvenue’s clients on continuous basis through desk review and on-field monitoring; keep a close watch on allocated portfolio clients

    • Able to hold conversations and engage with client’s senior management and present the client’s credit profile to internal Credit-Committee and investors in CredAvenue marketplace to support their decision making on client

    • Identifying early warning signs of credit deterioration

    • Capable of forming a view and suggesting course of action with regards to investors’ exposures to clients in CredAvenue marketplace

    • Industry and market studies to understand the operating environment of the borrower and form a sectoral outlook

    • Involve with internal technology teams on tech projects for continuous enhancement of the CredAvenue marketplace

    • Required Skill

    • Structured credit/lending or portfolio/credit monitoring teams of Banks / NBFCs / PE / Debt funds / Rating agencies

    • Experience in handling due diligence or transaction advisory.

    • Be brilliant with numbers, analysing financial statements, managing, and interpreting data and solving problems - to aid in credit underwriting

    • Have excellent report writing and communication skills

    • Possess a good eye for detail and have demonstrated ability to work under-tight timelines

    • Be willing to travel extensively pan-India for on-field monitoring of clients


    • Work Environment Details

    • An opportunity to play a formative role in an ambitious financial services marketplace spanning investment banking, debt capital markets, institutional finance, retail lending and asset management

    • A journey that will challenge and reward you in a manner few others will






Qualification: CA with 1-3 years of relevant corporate credit assessment experience



Skills

FinanceCA

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About Company

Credence is a dynamic organization dedicated to providing innovative solutions in various industries. With a focus on excellence and integrity, Credence offers a wide range of services, including consulting, technology, and outsourcing. At Credence, we foster a culture of growth and empowerment, where employees are encouraged to reach their full potential. Credence careers provide exciting opportunities for individuals to thrive in a collaborative environment and make a meaningful impact on projects that shape the future. Join Credence and embark on a rewarding career path where your skills and talents are valued, and professional growth is encouraged.

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Important dates & deadlines?

Application Deadline

22 Jul 22, 12:00 AM IST

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Associate- Credit Analyst

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