Dezerv is a house of investment solutions for high-net-worth and affluent Indians. Dezerv is co-founded by Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor. They have led successful wealth management businesses and managed over USD 7 billion in assets.

The Dezerv team brings together decades of investing expertise from leading global financial institutions like JP Morgan, UBS, BNP Paribas, etc. Our team of experts monitors the performance of portfolios and rebalances them if required to ensure long-term success. We are backed by marquee institutional investors such as Premji Invest, Accel, Elevation, Matrix, etc.

Since inception, our clients have trusted us with over 15000+ Crs of their assets.

Why are we building Dezerv Investing is stressful and emotional. Building growing wealth is difficult and time-consuming. Most individuals struggle with managing their investments and money. Our goal is to help individuals grow their wealth without the stress, time, and costs involved in a traditional investment.

At Dezerv, we are building a platform that leverages our decades of investment expertise to help individuals invest better for their future. We are building the "Operating System" for wealth. By leveraging proprietary algorithms and an intuitive digital-first platform, we provide an Integrated Portfolio Approach.

At Dezerv, technology isnt a support function-it is the product. We are data-driven, and obsessed with user experience, ensuring that complex financial decisions are executed with simplicity.

Core Responsibilities

- Credit Underwriting Investment Decisions Independently underwrite corporate and NBFC credits and prepare clear investment recommendations. Analyse business fundamentals, financial statements, cash flows, leverage, liquidity and capital structure. Assess promoter quality, governance,



business risks, industry dynamics and key downside scenarios. Evaluate probability of default, loss given default and the range of plausible downside outcomes. Assess risk-adjusted return and form a transparent invest / do-not-invest view.
- Debt Structures Documentation Evaluate NCDs, bonds, structured credit and other fixed-income opportunities. Analyse security packages, guarantees, collateral, escrow / DSRA structures and covenants. Understand how structure and documentation affect recovery, downside protection and enforceability.
- Portfolio Monitoring Monitor portfolio credits and identify early-warning signals before deterioration becomes visible in ratings. Track covenant compliance, liquidity, refinancing risk, rating actions and financial performance. Recommend actions where the original investment thesis changes, including hold, reduce, exit or enhanced monitoring.
- Market Stakeholder Interaction Conduct issuer / management meetings and independently challenge the investment thesis. Interact with issuers, arrangers, rating agencies, trustees, legal advisors and other market participants. Work closely with the Fund Manager on portfolio construction, position sizing, exits and portfolio optimisation.

Must-Have Profile

- 5+ years of relevant experience in credit analysis, credit investing, underwriting or a closely related institutional credit role.




- Strong hands-on experience analysing corporate and/or NBFC credit.
- Strong financial statement, cash-flow, leverage and liquidity analysis skills.
- Ability to build, audit and interpret financial models rather than rely only on standard templates.
- Strong understanding of debt instruments, credit structures, security packages and covenants.
- Ability to independently form and defend an investment view, including downside and recovery analysis.
- High attention to detail, commercial judgement and intellectual curiosity.

Preferred Background

- Buy-side credit: PMS, AIF, mutual fund or institutional investment platform.
- Private credit / structured credit.
- NBFC credit.
- Corporate credit underwriting.
- Credit research or rating agency experience with strong analytical and underwriting exposure.
- CA / CFA / MBA (Finance) preferred.

What We Are Looking For

- This role suits someone who naturally asks: What can go wrong
- How much can we lose
- What protects us if the thesis goes wrong
- Are we being adequately compensated for taking this risk

Why This Role

- Direct exposure to buy-side credit investing and portfolio management.
- Close involvement with the Fund Manager on live investment decisions.
- Opportunity to evaluate differentiated credit opportunities across sectors and structures.
- Significant interaction with issuers and market participants.
- High ownership and visibility across the investment process.
- Opportunity to develop into a credit investment specialist / portfolio manager over time.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Credit Analyst - Fixed Income Investments (Mumbai)
🏢 dezerv.
📍 Mumbai