Job Description Key responsibilities
n n Covenant Monitoring & Compliance
n Monitor financial and non-financial covenants for assigned loan portfolios.
n Review borrower-submitted financial statements, compliance certificates, and other required documentation.
n Calculate financial covenant ratios and assess compliance against agreed thresholds.
n Track covenant due dates and ensure timely receipt of borrower information.
n Identify, investigate, and document covenant breaches or potential exceptions.
n Risk Assessment & Analysis
n Conduct variance analysis and identify early warning signals.
n Escalate covenant breaches, waivers, amendments, and high-risk observations to relevant stakeholders.
n Support credit risk teams in evaluating covenant-related findings.
n Reporting & Documentation
n Maintain accurate covenant monitoring systems and databases.
n Prepare periodic compliance reports, exception reports, and management dashboards.
n Ensure proper documentation of covenant reviews, calculations, and approvals.
n Support internal and external audits by providing required doc
n n Key competencies
n n MBA (Finance) / CA (CPA equivalent) / CFA
n Experience of 3-12 years in spreading and covenant monitoring
n Solid understanding of credit principles, policies, and regulations
n Proficient in Advanced MS Excel
n Excellent written and spoken communication skills
n Experience of working for a US based bank will be an added advantage
n n Location: Bangalore.