Location: Mumbai, Maharashtra, India

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

 As an Associate  in EMEA Consumer, Healthcare and Retail Wholesale Credit Risk team covering corporate clients in the Commercial & Investment Bank (CIB). You will cover a diversified portfolio of Investment and Non-Investment Grade counterparties, with responsibility for conducting credit analysis, managing portfolio exposures, and reviewing and approving transactions across a wide range of credit products. 

Job Responsibilities

• Prepare concise credit memos with clear recommendations on transaction structure, risk appetite, and grading.
• Support due diligence, leading where required, and prepare credit analysis of counterparties.
• Build and maintain financial models; challenge key assumptions, design downside scenarios, and articulate modelling conclusions to stakeholders.
• Negotiate and interpret loan documentation (including LMA standards and leveraged finance) and derivative or other facility terms to mitigate risk.
• Manage and monitor the credit risk portfolio across sectors and products, including ongoing tracking of ratings, sector trends, and client performance; proactively adjust limits and manage exposures.
• Cover a broad product set, including secured and unsecured loans, derivatives, trade finance, and treasury products.
• Coordinate with senior leaders across the Commercial & Investment Bank, product specialists, and senior Credit Officers to align risk decisions and approvals.
• Apply firm risk management policies and engage with control stakeholders, including Regulators and Auditors.

• Develop junior talent through structured coaching, on-the-job training, and formal learning sessions.

   

Required qualifications, capabilities, and skills

• Demonstrated analytical rigor and credit judgment, with the ability to identify, quantify, and communicate key risks.
• Proficiency in financial modelling and scenario analysis relevant to a range of lending contexts (investment grade, leveraged lending, venture lending).
• Familiarity in leveraging AI tools to support analysis and enhance efficiency. 
• Knowledge of transaction structures, loan documentation (LMA, leveraged finance), and banking products sufficient to support negotiation and execution.
• Strong project management capability with end-to-end ownership of workstreams; effective prioritization and multi-tasking in a dynamic environment.
• Clear, effective written and verbal communication; ability to establish credibility with clients and internal stakeholders.
• Ability to coach and develop junior colleagues.
• Self-directed, results-oriented, adaptable, and motivated to drive continuous improvement.
• Prior experience in a comparable credit or risk environment.
• Bachelor's degree in finance, Accounting, or related area (advanced degree a plus).

 

Preferred qualifications, capabilities, and skills

• Previous experience (2-3+ years) in a Credit Risk department or leveraged finance underwriting, including skills in cash flow modelling and financial analysis.
• Familiarity with corporate business models, sponsor dynamics, and covenant packages
• Strong stakeholder management skills in a matrix organization
• Working towards / having a professional certification (e.g. CFA, FRM) are considered a plus

 

Wholesale Credit Risk - Consumer, Healthcare, Retail - Associate.