Job highlights

- Masters in Finance/Economics or CA with 7-10 years in financial analysis or credit risk

- Conduct detailed financial and credit risk analysis, build and validate financial models, prepare credit memoranda, lead client engagements, and mentor junior staff

Role Overview

As part of the financial analysis of the banks exposures to a diverse range of public, semipublic, and private counterparties - including local authorities and their affiliates, public institutions, sovereigns, public financial institutions, SPVs, corporates, PPP/concession companies, and sponsors - analysts will support creditrisk assessments and contribute to internalrating activities across France and key international markets (primarily France, Italy, Spain, the UK, and, to a lesser extent, the US).

Key Responsibilities

- Conduct indepth financial analysis, including detailed review of publicsector and corporate financial statements (IFRS/French GAAP), ratio assessments (leverage, coverage, liquidity), evaluation of working capital requirements, and comprehensive cashflow analysis.

- Apply projectfinance principles to assess SPV cashflow structures, DSCR/LLCR metrics, debtsizing considerations, covenant frameworks, reserve mechanisms, security packages, and riskallocation structures across concession and PPP projects.

- Evaluate sovereign and quasisovereign credit risk by analyzing institutional frameworks, governance quality, policy stability, and levels of explicit or implicit government support.

- Perform corporate and sectoral assessments by analyzing business models, industry dynamics,



competitive positioning (utilities, transportation, energy, social infrastructure), and conducting sensitivity and benchmarking analyses across markets.

- Review and interpret financing documentation, including term sheets, loan documentation, covenant packages, guarantees, and where applicable key provisions within bond indentures.

- Build, review, and validate financial models with strong command of Excel; analyze large datasets and generate comparative insights (experience with Power BI/SQL is an advantage).

- Prepare clear, structured, and analytically sound credit memoranda, including rating recommendations, risk/mitigation assessments, and identification of earlywarning indicators.

- Support and conduct gap assessments, impact analyses, and businessreadiness evaluations related to regulatory change initiatives.

- Demonstrate robust technical expertise and uptodate industry knowledge across financial products, market practices, and risk methodologies.

- Lead key workstreams within largescale client engagements or independently manage smaller engagements, ensuring consistent delivery of highquality outcomes.





- Review outputs prepared by team members to ensure analytical quality, completeness, and adherence to internal standards.

- Stay informed of emerging trends, regulatory changes, and sectorspecific developments to anticipate client needs and strengthen advisory delivery.

- Monitor project progress, proactively manage risks, and communicate priorities, challenges, and updates effectively to stakeholders.

- Mentor and guide junior consultants, fostering skill development, knowledge sharing, and professional growth within the team.

Qualifications, Certifications and Education

- Must-have: Masters degree in Business Administration (Finance/Economics) or CA qualification, with 7-10 years of relevant experience in financial analysis or riskrelated roles.

- Foundational experience (internship/apprenticeship/junior role) in financial analysis, credit risk, audit, or corporate finance.

- Strong understanding of financial statements, core credit risk principles, and familiarity with project finance, corporate, or sovereign risk concepts.

- Advanced proficiency in Excel, with foundational knowledge of Power BI and/or SQL considered a plus.

- Working knowledge of Risk Management, Regulatory Compliance, and Financial Reporting frameworks.

- Ability to collaborate effectively with business and technical stakeholders, including senior leadership.

- Demonstrated automation and innovation mindset, with willingness to improve processes and tools.

- Strong command of written and spoken professional English.

📌 FS RC-FSRM - CSTC-FINANCIAL ANALYSIS-MANAGER (Bengaluru)
🏢 EY
📍 Bengaluru