Financial Spreading

Thepridecircle; Gurgaon; On-site; INR 700,000 - 1,100,000; Full time

Job summary

The Pride Circle is seeking a seasoned Credit Analyst in India to spread and analyze financial statements, assess credit risk, and monitor covenants for diverse clients. You will use Moody’s RiskAnalyst (MRA) and CreditLens to review statements, notes, and MD&A, ensuring accurate breakups and adjustments.

Ideal candidates have 3–12 years’ experience in credit analysis and covenant monitoring, with strong Excel skills and familiarity with banking processes for commercial lending.

Qualifications

• Cash Flow, Financial Statements, Reporting, Credit Analysis, Credit Agreements
• Experience of 3-12 years in spreading and covenant monitoring
• Strong understanding of credit principles, policies, and regulations
• Proficient in Advanced MS Excel

Responsibilities

• Analyzing and spreading the financial statements in Moody’s RiskAnalyst (MRA) / Creditlens / client customized templates
• Analysis of financial statements including Income statement, Balance Sheet & cash flow for the credit appraisal process
• Going through supplementary schedules, notes and MD&A for breakups and adjustments
• Normalizing the financial statement for exceptional items to arrive at true profitability figures
• Calculating 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
• Knowledge of banking processes related to commercial lending; deliver 100% quality under deadlines
• Regular client communication to ensure expectations are met
• Support with project scoping, client communication, resource staffing based on requirements, end-to-end workflow

Skills

Credit analysis

Covenant monitoring

Advanced MS Excel

Financial statement analysis

US bank experience

Tools

Moody’s RiskAnalyst (MRA)

CreditLens

Job description

Monthly Salary: Details will be shared after final rounds

Current jobs openings : 3

Job Description

Key Responsibilities:

• Analyzing and spreading the financial statements in Moody’s 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
• Going through the supplementary schedules, notes and MD&A for the detailed breakups and adjustments
• 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
• Responsible for delivering 100% quality, meeting strict deadlines and ability to work under pressure.
• Regular communication with the client to ensure the expectations are met
• Support with project scoping, client communication, resource staffing based on the requirement, end-to-end workflow

Key Skills & Qualifications:

• Experience of 3-12 years in spreading and covenant monitoring
• Strong understanding of credit principles, policies, and regulations
• Proficient in Advanced MS Excel
• Experience of working for a US based bank will be an added advantage

Qualification

Minimum of 2 years experience. Qualified candidates for this role will possess the following skills:

• Cash Flow, Financial Statements, Reporting, Credit Analysis, Credit Agreements