Credit Analyst-Working Capital- Chandigarh-Manager/ Sr.Manager

Axis Bank; Chandigarh; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Axis Bank in Chandigarh is seeking a Credit Analyst in the Commercial Banking Group to evaluate proposals by analyzing market conditions, financial statements, technical ratios, and management information, and to work with Relationship Managers to understand client profiles and requirements.

Key duties include preparing CAM and notes, assessing credit worthiness, drafting credit proposals, reviewing/updating accounts, and ensuring timely task completion such as rating, appraisal notes and

Qualifications

• Graduates with a good academic background and analytical aptitude.
• CA/Management Graduates/ICWA preferred for enhanced credit appraisal.
• Strong understanding of financial ratios and concepts.

Responsibilities

• Prepare CAM and notes, including responses to observations from Risk.
• Assess credit worthiness and draft credit proposals aligning borrower needs with policy.
• Review and renew accounts while maintaining required turnaround times (TAT).

Skills

Financial ratios

Communication skills

Education

Graduates with good academic background

CA/Management Graduates/ICWA preferred

Job description

About Commercial Banking Group:

The Commercial Banking Group is responsible for delivering One Axis to clients with a turnover between Rs 10 Crs. to Rs 250 Crs. by offering products and solutions around forex, trade, payments, cash management and tax payments along with retail products like salary, trust services, forex, commercial card, credit cards etc

About the Role:

Credit Analysts are responsible for evaluating a proposal by analyzing and presenting information about the borrower across areas like market, financial statements, technical rations, management, etc. Credit Analysts work closely with Relationship Managers to understand the profile of their clients and their requirements

Key Responsibilities

• Responsible for preparation of CAM and putting up various notes (review, replies to observations from the Risk department, etc.)


• Responsible for assessing the credit worthiness, and preparation of credit proposals, by fitting borrower requirement within the existing product suite and credit policy guidelines


• Conduct review / renewal of accounts


• Ensure maintenance of acceptable TAT for various tasks such as conducting rating, preparation of appraisal note, renewals, etc.

Qualifications:

Optimal qualification for success on the job is:

• Graduates with a good academic background


• CAs/Management Graduates/ICWAs will be preferred

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

• Good understanding of financial ratios and concepts


• Good communication (both verbal and written) skill in both English and the local language

Note: CA Female and Male with Previous experience as credit analyst in working capital division is accepted(mini 3/ 5 years)

Job location: Chandigarh

Grade :Manager/ Sr.Manager.(depending up on the Experience)