Vice President Credit Risk (Venture Debt & Startup Financing)

Location: Kalina, Mumbai

Reporting To: CRO

- Job Summary: The Vice President Credit Risk will be responsible for evaluating, underwriting, and managing credit risk across the Venture Debt and Startup Financing portfolio. The role involves end-to-end credit evaluation from proposal to sanction, partnering closely with business teams, monitoring portfolio performance, and ensuring compliance with internal credit policies and regulatory guidelines. The incumbent will play a key role in supporting prudent lending decisions for venture-backed startups and high-growth companies by assessing business viability, funding history, cash burn, unit economics, sponsor strength, and repayment capacity, while contributing to the overall credit risk framework.

- Job Responsibilities:
1. Conduct comprehensive credit appraisal and risk assessment of venture-backed startups, growth-stage companies, and venture debt opportunities.
2. Evaluate venture debt, structured debt, growth capital, acquisition financing, and other bespoke lending proposals.

- Assess borrower business models, revenue visibility, scalability, unit economics, cash burn, runway, and path to profitability.
- Analyze historical and projected financial statements, cash flow

forecasts, business plans, and operating metrics.
- Evaluate capital structure, fundraising history, investor profile,

promoter quality, and sponsor support.
- Assess repayment capacity based on projected cash flows,

fundraising plans, and business sustainability.
- Conduct detailed financial modelling and scenario analysis to evaluate downside risks and recovery prospects.
- Review security structures, covenant packages, collateral arrangements, guarantees, and other risk mitigants.
- Identify key credit risks, strengths, weaknesses, and mitigating factors associated with lending proposals.

10.Prepare detailed credit appraisal notes and recommendations for sanctioning authorities.





11.Present and defend credit proposals before senior credit committees and approval authorities.

12.Monitor portfolio performance through periodic financial reviews,

covenant monitoring, and borrower engagement.

13.Track portfolio companies for Early Warning Signals (EWS),

including liquidity stress, cash burn acceleration, delayed fundraising,operational challenges, and governance concerns.

14.Conduct periodic reviews and reassessment of existing credit exposures based on business performance and funding developments.

15.Analyze industry trends, startup ecosystem developments,

venture capital activity, and macroeconomic factors impacting portfolio companies.

16.Ensure adherence to internal credit policies, underwriting standards, and risk management frameworks.

17.Maintain compliance with RBI regulations, internal lending guidelines, and regulatory requirements.

18.Partner closely with Investment, Business, Legal, Operations,

Compliance, and Risk teams throughout the credit lifecycle.

19.Participate in portfolio reviews, audit exercises, policy enhancements, and development of venture debt underwriting frameworks.

20.Support maintenance of strong portfolio quality through disciplined underwriting and proactive portfolio monitoring.

Must-Have Requirements:

1. CA / MBA (Finance) / CFA / PGDM / Any Post-Graduate qualification.
2. 15-22 years of experience in Credit Risk, Venture Debt, Startup

Financing, Structured Lending, Corporate Banking, Private Credit, or Growth Lending.
- Mandatory experience in Venture Debt and Startup Financing with exposure to venture-backed and high-growth companies.

4.Robust expertise in evaluating startup business models, financial projections, fundraising plans, and venture-backed capital structures.
- Experience in underwriting venture debt, structured debt, growth capital, or similar financing products.
- Strong understanding of startup financial metrics, unit economics,

cash burn analysis, runway assessment, and business scalability.

📌 Vice President Credit Risk Venture Debt and Startup Financing (Mumbai)
🏢 Virtuous Advisors u0026 Resources
📍 Mumbai