Hiring Senior Associate with 4–8 Years Experience in Credit Underwriting | Corporate Banking Roles Open Now
Exciting Opportunity for Senior Associate – Credit Underwriting (ACR) Role | Apply by 25 July 2025
Are you an experienced finance professional with expertise in credit underwriting within the corporate and financial institutional segments? This is your opportunity to accelerate your career with a dynamic and reputable organization offering significant exposure to high-end credit processes. We are hiring for the role of Senior Associate – Annual Credit Review (ACR) at multiple locations including Bangalore, Mumbai, and Gurgaon. This position is ideally suited for finance experts with a strong background in corporate banking, financial institutions, and commercial banking, particularly in credit rating, analysis, and underwriting.
📍 Job Location
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Bangalore
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Gurgaon
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Mumbai
🕒 Shift Timings
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UK Shifts (Candidates must be comfortable with UK time zone working hours)
🔍 Job Overview
The role focuses on Annual Credit Review (ACR) for large and mid-sized financial institutional groups (FIG) and corporate banking clients. The position involves preparing detailed credit appraisal reports, conducting credit assessments, and reviewing clients’ financial health to support decision-making in loan and risk evaluation processes. Candidates are expected to have direct exposure to credit underwriting (not credit operations) and be well-versed in working with structured credit rating methodologies.
🎓 Qualifications & Certifications Required
Candidates must possess a robust academic foundation in finance or a related domain. The following qualifications are essential:
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Master’s degree in Commerce (M.Com) or MBA (Finance)
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Professional certifications such as:
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Chartered Accountant (CA)
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Chartered Financial Analyst (CFA)
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Certified Public Accountant (CPA)
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Candidates holding any of the above certifications will have a distinct advantage, especially those with analytical proficiency and a deep understanding of credit markets and regulatory frameworks.
💼 Experience Required
Applicants should have a minimum of 4 years of direct and relevant experience in the following areas:
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Credit Underwriting: In-depth experience in evaluating credit proposals, assessing creditworthiness, and preparing recommendation-based credit reports for corporate and institutional clients.
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Credit Rating Agencies: Familiarity with frameworks used by agencies like ICRA, CRISIL, or similar.
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Credit Appraisal & Rating: Proven ability to analyze financial statements and risk factors to determine credit ratings and make informed recommendations.
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Corporate Banking or Financial Institutions Group (FIG): Candidates must have experience in dealing with mid to large FIGs. Experience with retail banking clients will not be considered.
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Credit Decisioning: Having prior approval authority in credit decisioning or having worked in a decision-making capacity is an added advantage.
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Lending-Based Ratings: Practical experience with rating methodologies tied to lending products is crucial for this role.
🧩 Key Responsibilities
As a Senior Associate, you will be a part of a team responsible for conducting comprehensive annual credit reviews for high-value clients. The responsibilities include:
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Preparing detailed Annual Credit Review (ACR) reports with an in-depth understanding of client operations, industry dynamics, and creditworthiness.
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Engaging in credit underwriting activities by analyzing historical financials, forecasting financial risk, and validating loan exposure limits.
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Utilizing credit rating frameworks (internal/external) to arrive at a risk rating and provide recommendations to senior credit committees.
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Collaborating with Relationship Managers and Risk Managers to ensure alignment of credit strategies and risk appetite.
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Monitoring portfolio performance, identifying early warning signals, and suggesting proactive strategies for risk mitigation.
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Collaborating extensively with international stakeholders across multiple regions, with a strong focus on adhering to UK financial standards and practices.
🧠 Skills & Competencies Required
The ideal candidate should demonstrate the following competencies:
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Strong understanding of credit underwriting and financial statement analysis
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Proficiency in interpreting data from ICRA, Crisil, or other rating agencies
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Ability to synthesize complex financial and non-financial information into concise credit narratives
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Excellent written and verbal communication skills
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High level of accuracy and attention to detail
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Proficiency in tools such as MS Excel, PowerPoint, and exposure to financial modeling
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Understanding of regulatory requirements and risk governance frameworks
⛔ Who Should NOT Apply
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Professionals with experience restricted to retail credit or credit operations only
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Candidates without exposure to corporate banking, commercial banking, or financial institutions
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Those lacking experience in credit analysis or having only back-end processing exposure
✅ Preferred Profile Summary
We are looking for dynamic and detail-oriented professionals with a passion for credit analytics and a strong background in financial analysis. You will have the opportunity to work with prestigious banking clients and contribute directly to the credit lifecycle process in a high-impact role.
Ideal candidates will possess:
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A strong analytical foundation
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The ability to work independently
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A collaborative mindset to work with cross-functional teams
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Willingness to work flexible hours to cater to UK business operations
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Confidence in handling high-value credit files and making risk recommendations
📅 Application Deadline
Apply by: 25th July 2025
Due to high demand and limited openings, we encourage interested candidates to apply at the earliest.
📌 How to Apply
Qualified professionals may submit their updated resumes through the official job portal or directly via email if a recruiter contact is mentioned. Please ensure that your resume clearly highlights your experience in credit underwriting, corporate banking, financial institutions, and rating agency frameworks.
🔖 Additional Information
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Job ID: 368195
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Role: Process Expert – Finance
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Function: FINANCE
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Employment Type: Full-Time
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Shift: UK Shift
🌟 Why Join Us?
This is more than just a job—it’s a career-defining opportunity to work on high-stakes credit assessments that shape business lending decisions. Join a team that values analytical rigor, domain expertise, and professional growth.
If you are a driven finance professional with a keen eye for risk and credit, apply now to be part of a world-class credit analysis team!