Associate/ Senior Associate - Spreading

Job Purpose

We are looking for a dedicated and motivated individual who has strong technical, analytical and organizational skills for our Lending Services team.

Role & responsibilities

• Analyzing and spreading the financial statements in Moodys RiskAnalyst (MRA) / Creditlens / client customized templates
• Analysis of financial statements including Income statement, Balance Sheet & cash flow of public & private companies for the credit appraisal process
• Going through the supplementary schedules, notes and MD&A for the detailed breakups and adjustments
• Normalizing the financial statement for exceptional and non-recurring items to arrive at the true profitability figures
• Calculating the Adjusted Net Worth, Recurring Cash Flows, Annual Debt Service, Contingent Liabilities, Custom Ratios and other financial metrics
• Screening the credit agreements and analyzing the financial covenants applicable to the borrower
• Monitor Covenant compliance and reporting.
• Conduct detailed quality checks of client deliverables
• Managing capacity, efficiency and accuracy of the process
• The candidate should possess reasonable knowledge of the banking processes related to commercial lending, especially corporate loans.
• Responsible for delivering 100% quality, Meeting strict deadlines and ability to work under pressure.
• Regular communication with the client to ensure the expectations are met
• Support with project scoping, client communication, resource staffing based on the requirement, end-to-end workflow management, MIS reporting, etc.

Preferred candidate profile

• MBA (Finance) / CA (CPA equivalent) / CFA
• Experience of 3-8 years in spreading and covenant monitoring
• Strong understanding of credit principles, policies, and regulations
• Proficient in Advanced MS Excel
• Excellent written and spoken communication skills

Experience of working for a US based bank will be an added advantage