Research Analyst - Covenant Monitoring / Financial Spreading

Department

GR&RS

Job Description

Job Summary:
We are seeking a detail-oriented and analytical professional with 1–4 years of relevant experience in covenant monitoring or credit risk. The candidate will be responsible for tracking, analyzing, and reporting on financial and non-financial covenants related to debt agreements and other financial instruments.

Key Responsibilities:

• Analyze financial statements and calculate covenant ratios (e.g., debt service coverage ratio, leverage ratio, interest coverage ratio).
• Review and interpret loan documentation to extract relevant covenant terms and reporting requirements.
• Creating the first time covenant set up in the covenant tracking platforms or risk management systems.
• Monitor borrower compliance with financial and non-financial covenants outlined in credit agreements and loan documentation.
• Maintain accurate and up-to-date records of covenant compliance status and related documentation.
• Prepare internal reports, dashboards, and alerts for any breaches, upcoming deadlines, or compliance risks.
• Coordinate with credit officers to address breaches or waivers and ensure proper documentation.
• Assist in automating covenant monitoring processes and enhancing internal controls.
• Stay updated on market practices, regulatory expectations, and industry trends in covenant tracking and credit monitoring.

Requirements:

• Experience working with syndicated loans or structured finance products.
• Exposure to covenant tracking platforms or risk management systems.
• Strong understanding of financial statements and credit metrics.

Open Positions

1

Mandatory Skills

Credit Analysis, financial modelling, Financial Statement Analysis, Credit Underwriting, Credit Risk Analysis, Credit Risk Management, Credit Assessment, leveraged finance

Education Qualification

MBA, Graduate

Experience

1 to 3 years