This role is for one of the Weekday's clients

Salary range: Rs 700000 - Rs 1500000 (ie INR 7-15 LPA)

Min Experience: 2 years

Location: Mumbai

JobType: full-time

We are seeking a detail-oriented and analytical Credit Analyst with 2–6 years of experience to join our Construction Finance team. The ideal candidate will be responsible for end-to-end credit assessment of real estate and infrastructure finance proposals, facilitating loan disbursements, and ensuring comprehensive risk evaluation and monitoring throughout the loan lifecycle.

Requirements

Key Responsibilities:

1. Credit Analysis & Due Diligence

Conduct thorough credit assessments of borrowers and projects in the construction and real estate sectors.
Analyze financial statements, cash flow projections, and project viability to determine the creditworthiness of applicants.
Identify key risks, mitigants, and recommend appropriate loan structures and covenants.

2. Processing Construction Finance Proposals

Manage the credit evaluation process for new proposals from initial assessment through final approval.
Prepare in-depth Credit Appraisal Memorandums (CAMs) in coordination with internal business and credit teams.

3. Pre-Sanction Site Visits

Conduct detailed site visits to assess the physical and operational status of the project, promoter track record, and on-ground risk indicators.
Prepare visit reports highlighting critical observations to inform sanction decisions.

4. Stakeholder Coordination

Work closely with cross-functional teams including Business, Legal, Risk Containment Unit (RCU), and Operations to ensure timely processing of credit proposals.
Liaise with external agencies such as legal counsel and property valuers to gather necessary documentation and third-party reports for credit evaluation.

5. Verification & Credential Analysis

Verify and validate customer and project credentials including title deeds, approvals, licenses, financials, and promoter background.
Ensure authenticity of documents and compliance with internal credit policies and external regulations.

6. Disbursement Facilitation

Support in timely and accurate loan disbursals by coordinating with the disbursement team and ensuring documentation completeness.
Assist in the release of tranches based on project progress and adherence to conditions precedent and subsequent.

7. Post-Sanction Monitoring

Monitor project progress, financial health, and utilization of funds through post-sanction visits, review of periodic MIS, and interaction with clients.
Handle processing of NOC requests, fund transfers, and project-specific queries post disbursal.
Track covenant compliance and initiate early warning signals in case of deviations or delays.

Candidate Profile:

Experience: 2–6 years in credit analysis, preferably in construction finance, project finance, or real estate lending.
Educational Background: Graduate/Postgraduate in Finance, Commerce, or related field. CA/MBA preferred.
Strong analytical, financial modeling, and communication skills.
Proficiency in MS Excel, CAM writing, and working knowledge of legal and regulatory frameworks in the real estate sector.
Ability to manage multiple stakeholders, handle on-ground assessments, and ensure timely delivery.