Credit Analyst

Aditya Birla Group; Karnataka; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Aditya Birla Group seeks a Credit Analyst to evaluate borrower creditworthiness and support lending decisions within Digital Platforms.

You will analyze financial statements, run credit scoring tools, prepare comprehensive reports, and monitor credit exposures to help maintain a high-quality books of accounts.

Strong analytical skills, attention to detail, and clear communication in a collaborative team are essential for success in this role.

Qualifications

• Bachelor’s degree in finance, accounting, economics, or related field; master’s degree preferred.
• Minimum of 3 years of experience in credit analysis, banking, or financial services industry.
• Strong analytical skills to interpret financial data and assess credit risk.
• Excellent verbal and written communication skills.

Responsibilities

• Analyse credit applications and financial statements to assess the creditworthiness of buyers.
• Utilize credit scoring models and risk assessment tools to evaluate credit risk and recommend limits and terms.
• Conduct financial analyses including cash flow, ratio, and trend analyses.
• Prepare comprehensive credit analysis reports and presentations for review and approval.
• Monitor the credit portfolio for early warning signs and escalate issues to the Lead Underwriter.

Skills

Analytical skills

Communication

Attention to detail

Teamwork

Education

Bachelor’s degree in finance, accounting, economics, or related field

Master’s degree preferred

Job description

At the Aditya Birla Group, our Corporate Vision is aligned and intricately woven with our People Vision.

Credit Analyst

Designation : Associate Manager

Organization : Digital Platforms

Job Description:

Conduct comprehensive credit analyses and assessments to evaluate borrower creditworthiness, support informed lending decisions, and ensure the maintenance of a high-quality books of accounts.

Key Responsibilities

Credit Assessment

• Analyse credit applications and financial statements to assess the creditworthiness of buyers, evaluating factors such as income, assets, liabilities, and payment history.
• Utilize credit scoring models and risk assessment tools to evaluate credit risk and recommend appropriate credit limits and terms.
• Conduct comprehensive financial analyses, including cash flow analysis, ratio analysis, and trend analysis, to evaluate the financial health and stability of buyers.
• Identify potential credit risks and red flags, highlighting areas of concern and recommending mitigating actions to the Lead Underwriter.

Documentation and Due Diligence

• Ensure accuracy and completeness of credit documentation, credit reports, and supporting financial documents.
• Perform due diligence checks on buyers, verifying information provided and conducting background checks as necessary to assess credit risk accurately.

Communication and Reporting

• Communicate credit decisions, recommendations, and risk assessments effectively to the Lead Underwriter and other relevant stakeholders.
• Prepare comprehensive credit analysis reports and presentations, summarizing findings, conclusions, and recommendations for review and approval.
• Monitor the credit portfolio for early warning signs of credit deterioration, delinquencies, and defaults, escalating issues to the Lead Underwriter as appropriate.
• Assist in the ongoing monitoring and management of existing credit exposures, including periodic review of credit limits and terms.

Qualification & Skills

• Bachelor’s degree in finance, Accounting, Economics, or related field required, master’s degree preferred.
• Minimum of 3 years of experience in credit analysis, banking, or financial services industry.
• Strong analytical skills, with the ability to interpret financial data, conduct financial analyses, and assess credit risk accurately.
• Exceptional attention to detail, with a focus on accuracy and precision in credit analysis and documentation.
• Excellent verbal and written communication skills, with the ability to convey complex information clearly and concisely.
• Ability to work effectively in a team environment, collaborating with colleagues and stakeholders to achieve common goals.