Analyst - Ratings - Credit Risk

Job content

Job Purpose:

• The role is primarily responsible for assessing credit worthiness of companies through analyzing financial statements, business risk, industry analysis and assign ratings as per Banks internal rating scale
• Monitoring of ratings in the portfolio so that the rating is up-to-date with the best available information at any point in time.
• Contribution to Industry analysis, portfolio monitoring and any other adhoc tasks.

Job Responsibilities(JR) : 6 – 8 Areas

Actionable (4-6)

Borrower Ratings Assignment

• Comprehensive analysis of companies’ performance in assigned portfolio by assessing credit proposals, financial statements, projections and other information to assess the credit worthiness of the entity
• Analyzing the business model, identifying strengths, weakness, risks, understanding the revenue models and the corporate structure of the businesses
• Independently handling rating assignments for entities of varying sizes and preparing rationales for the ratings assigned
• Assign ratings as per Bank’s internal rating scale after thorough understanding of the borrower, industry and peer group analysis
• TAT management

Monitoring of Borrower Ratings

• Surveillance of ratings in the assigned portfolio
• Review of ratings basis any new developments in the company/industry
• Monitor the ratings through multiple surveillance frameworks in place.
• Ensure all the latest available information is factored in the ratings
• Periodic reviews and management presentations

Industry Analysis

• Review and analysis of industry/sector assigned
• Read through industry reports by various agencies
• Attend webinars and seminars pertaining to the industry to keep ourselves abreast of the latest updates and trends in various industries.
• Industry presentations evaluating sector performance and rating movement at a portfolio level

Frameworks

• Management of assigned surveillance process
• Review of portfolio based on periodic early warning triggers
• Aggregation of insights and periodic review with management

• Others

• Monitoring portfolio performance for stress indicators and recommend suitable rating actions and highlight key risk factors to the credit team.
• Portfolio analytics using internal and external sources of data
• Preparing newsletters on industry/portfolio for circulation internally
• Replies to audit observations
• Regulatory compliance
• Board / Policy notes and submissions

Educational Qualifications

Key Skills

• MBA
• CA
• FRM / CFA (Optional)

• Strong Analytical skills
• Banking Product & Process Knowledge
• Regulatory Knowledge
• Experience in handling large volumes and good in excel skills
• Planning and Organizing Skills
• Communication and stakeholder management
• Good understanding of Banking especially wholesale assets

Experience Required

• Minimum experience in years – 2 – 4 years
• Experience in ratings, credit underwriting or policy related job role for Small, Mid and Large Corporate, Financial Institution segments in any Rating agency, Bank, NBFC’s, Research & brokerage houses or KPO’s.