Credit Analyst
Credit & Underwriting
Full-Time
1-2 Years
Gurugram
Job ID:
PC57
About the Business
OfBusiness, or OFB Tech, is a B2B tech-powered house of businesses valued at USD 5 billion, renowned as one of India’s fastest-growing unicorns. Highly profitable and experiencing exponential year-over-year growth in our profits and revenue, we integrate across two core pillars:
1. Aggregation: Our tech-enabled platform facilitates convenient procurement of materials at competitive prices for businesses. We dominate categories such as Steel, Base Metals, Petroleum, Polymers, Agri & Allied, and Chemicals, ensuring robust supply chain solutions.
2. Manufacturing: With ownership of over 30 manufacturing entities in Steel, Base Metals, Petroleum, Agri, and Textiles sectors, we enhance our capabilities and control. This integration strengthens our expertise and profitability across material categories handled by our Aggregation business.
What you will do.
Oversee cases as they transition to underwriting after the credit processing stage, ensuring proper risk assessment.
Conduct telephonic personal discussions (tele PDs) when necessary to gather additional insights.
Perform Quantitative and Qualitative Analysis to evaluate the overall risk profile of cases.
Quantitative Analysis includes:
Financial Analysis: Assess the creditworthiness of clients, review historical financial performance, and analyze net worth.
Banking Analysis: Investigate client relationships with anchors and suppliers, monitor EMI patterns for any irregularities (such as bounced EMIs or loans recently disbursed within the past 6 months).
Statutory Analysis: Verify compliance with tax filings (e.g., GST and income tax), identify any outstanding tax liabilities, and assess the liquidity position to detect any potential liquidity crunches.
Conduct Qualitative Analysis to gain a deeper understanding of risks and issues, discussing findings from the quantitative review to form a holistic risk assessment.
Legal Analysis: Check for any legal complaints or ongoing issues involving the client.
Execute comprehensive risk assessments, utilizing both standard and enhanced checks to determine the safety and viability of providing unsecured Point of Disbursal (POD) limits to clients.
Conduct client site visits and personal meetings to evaluate business operations, complete reference checks, and perform Field Credit Unit (FCU) or Risk Containment Unit (RCU) verifications.
Underwrite cases by making well-founded recommendations or decisions (approval or rejection) in accordance with established risk policies and based on the merit of each case.
Focus on monitoring and business control activities, ensuring continuous evaluation of approved clients to maintain portfolio health.
Work closely with the sales team, channel partners, and cross-sell teams to support business growth while maintaining a focus on risk management and policy compliance.
Collaborate with the operations team to facilitate the smooth and timely disbursement of approved POD limits.
Conduct regular portfolio monitoring and analysis to identify and mitigate emerging risks, ensuring sound management and control over disbursed limits.
Recommend or implement policy changes informed by portfolio performance analysis and risk trends.
What we are looking for.
Strong academic background, preferably in finance, with a CA, CMA, or MBA in
Finance (with a minimum of 2 years of experience). Freshers with CA or CMA qualifications or candidates with 1-2 years of relevant experience are also encouraged to apply.
Highly self-motivated, diligent, and capable of leading teams with a focus on monitoringand controlling business activities.
Exceptional communication skills and the ability to collaborate effectively with various teams.
What we are offering.
Fastrack Career Growth
High-Impact Roles
Ownership & Role Autonomy
Exceptional Peer Group
Enjoyable Workplace Culture
Competitive Pay & Rewards