Required Credit Analyst - Mumbai

Job profile: 1.& & & & & Evaluation of credit worthiness of organisations basis Balance sheet and other financials 2.& & & & & Regular customer interaction to gain business insights and thereby gather relevant data points 3.& & & & & Interacting with the credit team of Banks/ NBFCs to present credit notes and satisfactory resolution of corresponding queries 4.& & & & & Oversee deals end to end upto proposal fulfilment and loan disbursement
Point to note: Our location is in Mulund, Mumbai. The candidate has to be willing to travel to this location.

Key Responsibilities

Credit Assessment

• Conduct comprehensive financial analysis of individuals, businesses, or institutions applying for loans, credit facilities, or financing.
• Evaluate financial statements, cash flow reports, tax returns, and other relevant documents to determine creditworthiness.
• Analyze credit reports from agencies such as CIBIL, Experian, Equifax, or CRIF to assess repayment history and outstanding debts.
• Assign internal credit ratings based on risk factors, financial performance, industry benchmarks, and market conditions.

Reporting and Recommendation

• Prepare detailed credit analysis reports and present findings to the credit committee or senior management.
• Recommend credit limits, interest rates, repayment terms, or collateral requirements based on risk assessment.
• Draft clear and concise memos or credit proposals with justifications for approval or rejection.

Risk Monitoring and Portfolio Management

• Monitor existing credit accounts for changes in financial condition, delayed payments, or defaults.
• Identify potential risks in the loan portfolio and escalate issues where necessary.
• Recommend appropriate actions for underperforming accounts, such as restructuring, additional collateral, or recovery strategies.
• Participate in periodic reviews of customer portfolios to ensure risk exposure is within company limits.

Compliance and Policy Adherence

• Ensure all credit evaluations are conducted in accordance with internal credit policies and regulatory requirements.
• Stay informed of changes in industry regulations, credit rating methodologies, and compliance frameworks.
• Maintain accurate records of all assessments, decisions, and supporting documents for audit purposes.

Cross-Functional Collaboration

• Work closely with the sales, relationship management, and collections teams to ensure proper client onboarding and credit control.
• Assist in structuring credit products tailored to customer needs while managing risk exposure.
• Provide insights and feedback to improve credit policies, scoring models, and risk management practices.

Job Profile : Credit Analyst
Industry : bsc-bca-bbm