Job Title: Financial Spreading & Covenant Monitoring (Delivery Manager / Assistant Director)
Acuity is currently looking for for experienced professionals (8-12 years) in Financial Spreading & Covenant Monitoring to join our growing team in Pune!
- Location: Pune
- Work hours: 11am to 8pm IST
- Department: Lending Services
- Experience Level: 8-12 years
- Notice Period: 0 to 30 days joiners preferred
Key Skills/ Responsibilities
- Act as a subject matter expert for financial spreading, covenant monitoring, and credit analysis, providing guidance on complex transactions and exceptions.
- Drive continuous process improvement initiatives to enhance efficiency, accuracy, and scalability across engagements.
- Identify operational risks and implement mitigation strategies to ensure seamless service delivery.
- 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
- 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.
Key Competencies
- MBA (Finance) / CA (CPA equivalent) / CFA
- Experience of 8 plus years in spreading and covenant monitoring
- Exp. in borrowing base is desirable
- 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/ UK based bank will be an added advantage
