Financial Spreading / Covenant Monitoring (Delivery Manager / Assistant Director)

Job Title: Financial Spreading & Covenant Monitoring (Delivery Manager / Assistant Director)

Acuity is currently looking for for experienced professionals (8-12 years) in Financial Spreading & Covenant Monitoring to join our growing team in Pune!

• Location: Pune
• Work hours: 11am to 8pm IST
• Department: Lending Services
• Experience Level: 8-12 years
• Notice Period: 0 to 30 days joiners preferred

Key Skills/ Responsibilities

• Act as a subject matter expert for financial spreading, covenant monitoring, and credit analysis, providing guidance on complex transactions and exceptions.
• Drive continuous process improvement initiatives to enhance efficiency, accuracy, and scalability across engagements.
• Identify operational risks and implement mitigation strategies to ensure seamless service delivery.
• Analyzing and spreading the financial statements in Moodys RiskAnalyst (MRA) / Creditlens / client customized templates
• Analysis of financial statements including Income statement, Balance Sheet & cash flow of public & private companies for the credit appraisal process
• Normalizing the financial statement for exceptional and non-recurring items to arrive at the true profitability figures
• Calculating the Adjusted Net Worth, Recurring Cash Flows, Annual Debt Service, Contingent Liabilities, Custom Ratios and other financial metrics
• Screening the credit agreements and analyzing the financial covenants applicable to the borrower
• Monitor Covenant compliance and reporting.
• Conduct detailed quality checks of client deliverables
• Managing capacity, efficiency and accuracy of the process
• The candidate should possess reasonable knowledge of the banking processes related to commercial lending, especially corporate loans.

Key Competencies

• MBA (Finance) / CA (CPA equivalent) / CFA
• Experience of 8 plus years in spreading and covenant monitoring
• Exp. in borrowing base is desirable
• Strong understanding of credit principles, policies, and regulations
• Proficient in Advanced MS Excel
• Excellent written and spoken communication skills
• Experience of working for a US/ UK based bank will be an added advantage