Credit Review_Project Finance Sr Associate Delivery Lead Manager

Acuity Analytics; Gurugram District; On-site; INR 1,400,000 - 2,200,000; Full time

Job summary

Acuity Analytics in Gurgaon (work from office) seeks a Credit Review-Project Finance professional (Sr Associate/ Delivery Lead/ Manager) to join the Lending Services team. You will support European clients, ensuring adherence to SLAs and robust credit assessment.

The role requires 4+ years in project finance or credit analysis, with strong financial modelling, KPI tracking, and stakeholder communication skills. Office-based with standard business hours.

Qualifications

• 4+ years of experience in project finance, credit analysis, or portfolio monitoring.
• Strong understanding of project finance structures, financial modelling and risk assessment.

Responsibilities

• Perform detailed annual and quarterly credit reviews for allocated projects.
• Analyze project performance against underwriting assumptions and covenants.
• Monitor DSCR, LLCR, PLCR, IRR and other ratios; flag early warning signals.
• Review EPC progress, cost reports, drawdowns, and timelines.
• Assess plant availability, O&M performance, and debt service milestones.
• Prepare and present clear review memos with key credit concerns.

Skills

Project finance

Credit analysis

Portfolio monitoring

Financial modelling

Risk assessment

Regulatory frameworks

Excel

Factset

CapitalIQ

Stakeholder communication

Tools

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Job description

Job Description:

Job Title: Credit Review- Project Finance (Sr Associate/ Delivery Lead/ Manager)

• Location: Gurgaon (work from office)
• Work hours: 10am to 7pm IST/ 1pm to 10pm
• Department: Lending Services
• Experience Level : 4-12 years
• 0-2 months' notice candidates preferred due to business need

Job Purpose

We are looking for a passionate, energetic individual to join our Lending Services division. You will be part of team working as an extension to our European based client ensuring we fulfill the applicable SLA’s.

Key Responsibilities

• Portfolio Monitoring & Credit Review:
• Perform detailed annual and quarterly credit reviews for allocated projects, assessing performance against original underwriting assumptions and covenants.
• Analyze financial, operational, and technical performance of the projects, including key project milestones (for construction phase) and actual vs. budget comparisons (for operational phase).
• Monitor key financial metrics such as DSCR, LLCR, PLCR, IRR, and coverage ratios, flagging early warning signals.
• Review EPC progress, cost reports, drawdowns, variation orders, contingency usage, and timelines.
• Analyze project risk registers and mitigation strategies, ensuring alignment with lender expectations.
• Track completion tests, project milestones, and compliance with debt service commencement requirements.
• Assess plant availability, capacity utilization, O&M performance, and major maintenance plans.
• Review revenue streams (e.g., PPA tariffs, offtake arrangements), operating costs, and adherence to financial covenants.
• Identify sector-specific risks (e.g., curtailment risk in wind/solar, toll collection efficiency in roads) and analyze their potential credit impact.
• Liaise with internal credit teams, relationship managers, and if required, borrowers or third-party consultants to gather key information.
• Prepare and present clear, concise review memos, highlighting key credit concerns and recommendations.
• Ensure compliance with internal risk rating models and regulatory requirements relevant to project finance exposures.
• Support internal audits and regulatory reviews by providing necessary documentation and analysis.

Key Competencies

• 4+ years of experience in project finance, credit analysis, or portfolio monitoring, preferably across infrastructure and energy sectors.
• Strong understanding of project finance structures, financial modelling, and risk assessment.
• Familiarity with sector-specific KPIs, regulatory frameworks, and performance benchmarks.
• Proficiency in financial analysis tools (Excel, Factset, CapitalIQ, etc.); exposure to project finance models is a plus.
• Excellent written and verbal communication skills for preparing high-quality review notes and engaging with stakeholders.
• Ability to manage multiple priorities and meet tight deadlines under minimal supervision.