Rating Analyst

HDFC Bank Limited; Gurugram District; On-site; INR 800,000 - 1,200,000; Full time

Job summary

HDFC Bank Limited is seeking a Rating Analyst in its Integrated Risk Management unit in Gurugram. The role involves conducting independent credit quality assessments of borrowers by assigning ratings per the bank's internal model and ensuring ratings remain accurate and updated with available information.

You will perform surveillance, analyze industries, prepare rationales, and participate in governance discussions with senior management.

Qualifications

• CA, CFA or MBA from Tier 1 institutes.
• Strong analytical skills and ability to evaluate financial statements and projections.
• Understanding of banking products and rating frameworks is advantageous.

Responsibilities

• Credit Assessment: Independently assign ratings based on proposals, statements, projections, and business models.
• Surveillance and Monitoring: Regularly review ratings and update based on developments in company/industry.
• Industry Analysis: Evaluate sectors, attend webinars, prepare presentations, and track rating movements.
• Framework Management: Maintain surveillance frameworks, gather feedback, and report to senior management.
• Other Responsibilities: Monitor stress indicators, flag risks, and respond to audits.

Skills

Credit analysis

Financial statement analysis

Interpersonal communication

Excel proficiency

Education

CA or CFA or MBA from Tier 1 institutes

Tools

Excel

Internal rating model

Job description

Job Title

Rating Analyst

Business Unit

Integrated Risk Management

Reporting To

Ratings Team Leader

Job Function and Role Type

Risk, Individual Contributor

Version No

2.0

Job Purpose

Conduct independent credit quality assessments of borrowers by assigning ratings per the Bank's internal model. Ensure ratings are accurate and updated using all available information.

Key Responsibilities

Actionable (4-6)

• Credit Assessment; Independently assign ratings based on credit proposals, financial statements, projections, and business models; Assess risks, revenue models, and corporate structures, preparing rationales aligned with the Bank's rating scale.
• Surveillance and Monitoring; Conduct regular surveillance of ratings; Review ratings based on company/industry developments and ensure timely updates through established frameworks.
• Industry Analysis; Evaluate assigned industries/sectors, review reports, attend webinars, and stay updated on trends; Prepare presentations and assess portfolio-level rating movements.
• Framework Management; Manage surveillance frameworks, review analyst feedback, and ensure timely rating actions; Present outcomes and key actions to senior management.
• Other Responsibilities; Monitor portfolio stress indicators, recommend rating actions, and highlight risks; Prepare newsletters, respond to audits, and undertake additional assignments as required.

Education:

CA, CFA, or MBA from Tier 1 institutes.

Certifications:

CA, CFA, MBA.

Key Competencies

Analytical skills, interpersonal communication, proficiency in Excel, understanding of banking products, ability to handle large volumes.

Major Stakeholders

Business Teams, Credit Approvers, Basel Team, Audit Team, CAD/Operations.

Required Skills

Refer to the Job Description