Job DescriptionKey responsibilities
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- 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
nKey competencies
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- MBA (Finance) / CA (CPA equivalent) / CFA N
- Experience of 3-12 years in spreading and covenant monitoring N
- Solid understanding ofcredit 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