Associate - Underwriting

Acuity Analytics; Gurugram District, Bengaluru, Delhi; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Acuity Analytics seeks a detail-oriented Credit Analyst to prepare in-depth credit review memos, assess borrower and guarantor creditworthiness, and perform comprehensive financial analysis. The role involves evaluating business models, ownership structures, revenue streams, debt obligations and capital structures to derive reliable risk ratings.

The candidate will normalize financial statements, calculate key credit metrics, monitor covenants, and ensure alignment with credit agreements, while

Qualifications

• MBA (Finance) / CA / CFA required or equivalent
• 1–2 years in credit report writing
• Proficiency in Advanced MS Excel
• Excellent written and spoken communication skills

Responsibilities

• Prepare detailed credit review/underwriting memos including borrower profile, industry overview, key credit considerations, risk assessment, rating rationale, and detailed financial analysis of borrowers
• Analyze borrower and guarantor creditworthiness by evaluating business models, ownership structures, revenue streams, debt obligations and capital structure
• Perform financial analysis of borrower/guarantor statements (Income Statement, Balance Sheet, Cash Flow) including trends, earnings quality, liquidity, leverage
• Analyze personal financial statements, tax returns, and net worth
• Normalize financial statements by adjusting for non-recurring items to derive true operating performance
• Calculate and interpret key credit metrics including coverage ratio, leverage ratios, Net Worth and Global Cash Flow
• Conduct covenant analysis/testing and monitoring against covenants (DSCR, liquidity)
• Screen and interpret loan documentation to ensure alignment with credit structure
• Ensure quality and timely deliverables while handling multiple transactions under deadlines
• Collaborate with relationship managers, credit officers, and clients to obtain required information and ensure policy adherence

Skills

Credit principles & regulations

Advanced MS Excel

Written & spoken communication

Credit report writing

Financial statement analysis

Financial risk assessment

Education

MBA (Finance)

CA (CPA equivalent)

CFA

Job description

Role & responsibilities

• Prepare detailed credit review/underwriting memos (annual/quarterly) including borrower profile, industry overview, key credit considerations, risk assessment, rating rationale, and detailed financial analysis of borrowers
• Analyze borrower and guarantor creditworthiness by evaluating business models, ownership structures, revenue streams, debt obligations and capital structure
• Perform comprehensive financial analysis of borrower and guarantor statements (Income Statement, Balance Sheet, Cash Flow), including, Identification of trends, earnings quality, and sustainability, Cash flow adequacy and liquidity assessment, Leverage and capital structure evaluation
• Analysis of personal financial statements, tax returns, and net worth
• Normalize financial statements by adjusting for non-recurring, extraordinary, and discretionary items to derive true operating performance and recurring cash flows.
• Calculate and interpret key credit metrics including coverage Ratio, leverage ratios, Net Worth and Global Cash Flow
• Conduct covenant analysis and ongoing monitoring, including detailed review of credit agreements to identify financial and reporting covenants, testing borrower compliance with covenants (DSCR, leverage, liquidity, etc.), early identification of potential breaches and risk triggers
• Screen and interpret loan documentation to ensure alignment between underwriting assumptions and approved credit structure, including collateral, covenants, and reporting requirements.
• Ensure accuracy, quality, and timeliness of deliverables while managing multiple transactions/reviews under tight deadlines.
• Collaborate closely with relationship managers, credit officers, and clients to clarify financials, obtain required information, and ensure adherence to credit policies and expectations

Preferred candidate profile

• Strong understanding of credit principles, policies, and regulations
• MBA (Finance) / CA (CPA equivalent) / CFA
• Experience of 1-2 years in credit report writing
• Proficiency in Advanced MS Excel
• Excellent written and spoken communication skills.