Manager - Underwriting

Indifi Technologies; Gurugram District; On-site; INR 800,000 - 1,400,000; Full time

Job summary

Indifi Technologies invites applications for a Credit Analyst in Gurugram. The role involves assessing borrowers' creditworthiness through industry, business model, financial statements and cash flow analysis, and engaging with founders and CFOs to structure transactions with appropriate covenants.

The position emphasizes RBI/NBFC guidelines compliance, ongoing covenant monitoring, and collaboration with Sales, Operations, Legal, Technology, and Customer Service to manage portfolio risk.

Qualifications

• Experience in credit analysis or NBFC environments.
• Strong understanding of financial ratios and cash flow analysis.
• Excellent written and verbal communication skills.

Responsibilities

• Assessment of borrowers' creditworthiness through analysis of industry segment, business model, financial statements, monthly MIS, etc.
• Analysis of cash flow statement, cash flow projections, EBITDA sensitivity analysis.
• Discuss with customers to structure transactions by way of credit enhancements, stipulate financial and other covenants.
• Personal discussions with founders/promoters & CFO to understand current business model and growth plans.
• Benchmark borrowers' financial performance against competitors and industry benchmarks.
• Secondary research to gather background information on management and the borrower.
• Regular review of covenants and portfolio performance and suggest corrective action, including resolving delinquencies with customers.
• Coordinate with Sales, Operations, Legal, Technology and Customer Service teams.
• Ensure adherence to internal credit policy, RBI guidelines and NBFC-specific guidelines.

Skills

Tech-based credit analysis

Product knowledge

Business loan products

Line of credit

Financial statement analysis

Cash flow analysis

Critical thinking

Stakeholder management

Draft sanction letters

Job description

Responsibilities-

• Assessment of borrowers credit worthiness through a thorough analysis of industry segment, business model, financial statements, monthly MIS, etc.
• Analysis of cash flow statement, cash flow projections, EBIDTA sensitivity analysis.
• Discuss with customers to structure transactions by way of credit enhancements, stipulate financial and other covenants.
• Personal discussions with Founders/ Promoters & CFO to understand the current business model, fund raising plans, growth plans, etc.
• Benchmark borrowers financial performance across competitors and industry benchmarks.
• Secondary research to gather additional information about the background of management and the borrower.
• Regular review of the covenants and portfolio performance and suggest corrective action, including working with the customer to resolve any delinquency.
• Coordinating with Sales, Operation, Legal, Technology and Customer Service team effectively.
• Ensuring adherence to the internal credit policy, RBI guidelines and guidelines specific to NBFC.

Skills required:

• Keen interest towards tech driven new age/ alternate data-based credit decision process.
• Knowledge of various products such as business loan, line of credit, dropline OD, etc.
• will be an added advantage.
• Strong knowledge of financial statement analysis, general accounting, cash flows, financial ratios, etc.
• Critical thinker with strong decision-making ability, excellent written and verbal communication.
• Demonstrated capabilities towards multiple stakeholder management.
• Knowledge of drafting curated sanction letters and loan agreements will be an added advantage.