Credit Analyst

- Conduct thorough fundamental credit analysis on corporate issuers, NBFCs, banks and structured issuers- including detailed review of financial statements, debt structures, business models, management quality, and sector positioning.

- Evaluate creditworthiness of issuers across a broad range of sectors including infrastructure, real estate, manufacturing, financial services, and consumer-facing businesses, with a focus on identifying credit risks and opportunities in the debt market.

- Develop and maintain detailed credit models, financial projections, and scenario analyses to assess debt serviceability, leverage trajectory, and covenant compliance across rated and unrated issuers.

- Prepare comprehensive credit research reports, investment memos, and risk assessments for use by portfolio managers, traders, and the investment committee in making corporate bond and structured credit investment decisions.

- Support the trading desk in evaluating new debt instruments, primary market opportunities, and secondary market credit trades - providing timely credit opinions on issuer risk, spread adequacy, and investment suitability.

- Monitor credit ratings, rating actions, rating watch placements, and credit outlooks across the fixed income portfolio - proactively alerting the investment team to any deterioration in issuer credit quality or material events affecting the portfolio.

- Track sector-level developments, regulatory changes, and macroeconomic trends - including RBI guidelines on NBFCs, SEBI regulations on bond markets, and sectoral stress events - that may impact the credit quality of issuers under coverage.

- Conduct ongoing surveillance of issuers in the portfolio through quarterly earnings reviews, debt maturity analysis, liquidity position monitoring, and management communication tracking.

- Liaise with credit rating agencies, intermediaries, and other participants to gather credit intelligence, obtain rating rationales, and stay informed on issuer-specific developments.

- Assist in the development and maintenance of internal credit risk frameworks, issuer watch lists, and credit limit structures for the fixed income portfolio.

- Work collaboratively with the Senior Macro Research Analyst to incorporate top-down macro and sectoral views into bottom-up credit assessments and investment recommendations.

- Contribute to the firm's internal credit research library - maintaining up-to-date credit profiles, financial models, and issuer databases across sectors and instrument types.

- Support compliance and risk management teams in ensuring adherence to internal credit policies, concentration limits, and regulatory requirements across fixed income portfolios.