Credit Review_Project Finance (Sr Associate/ Delivery Lead/ Manager)

Job Description

• *Job Title: Credit Review\-****Project Finance (Sr Associate/ Delivery Lead/ Manager)**

• **Location:** Gurgaon (work from office)
• **Work hours:** 10am to 7pm IST/ 1pm to 10pm
• **Department:** Lending Services
• **Experience Level**: 4\-12 years
• 0\-2 months' notice candidates preferred due to business need

• *Job Purpose**

We are looking for a passionate, energetic individual to join our Lending Services division. You will be part of team working as an extension to our European based client ensuring we fulfill the applicable SLA’s.

• *Key Responsibilities**

• **Portfolio Monitoring \& Credit Review:**

• Perform detailed annual and quarterly credit reviews for allocated projects, assessing performance against original underwriting assumptions and covenants.
• Analyze financial, operational, and technical performance of the projects, including key project milestones (for construction phase) and actual vs. budget comparisons (for operational phase).
• Monitor key financial metrics such as DSCR, LLCR, PLCR, IRR, and coverage ratios, flagging early warning signals.

• *Construction Phase Monitoring:**
• Review EPC progress, cost reports, drawdowns, variation orders, contingency usage, and timelines.
• Analyze project risk registers and mitigation strategies, ensuring alignment with lender expectations.
• Track completion tests, project milestones, and compliance with debt service commencement requirements.

• *Operational Phase Monitoring:**
• Assess plant availability, capacity utilization, O\&M performance, and major maintenance plans.
• Review revenue streams (e.g., PPA tariffs, offtake arrangements), operating costs, and adherence to financial covenants.
• Identify sector\-specific risks (e.g., curtailment risk in wind/solar, toll collection efficiency in roads) and analyze their potential credit impact.

• *Stakeholder Communication:**
• Liaise with internal credit teams, relationship managers, and if required, borrowers or third\-party consultants to gather key information.
• Prepare and present clear, concise review memos, highlighting key credit concerns and recommendations.

• *Regulatory and Compliance Support:**
• Ensure compliance with internal risk rating models and regulatory requirements relevant to project finance exposures.
• Support internal audits and regulatory reviews by providing necessary documentation and analysis.

• *Key Competencies**

• 4\+ years of experience in project finance, credit analysis, or portfolio monitoring, preferably across infrastructure and energy sectors.
• Strong understanding of project finance structures, financial modelling, and risk assessment.
• Familiarity with sector\-specific KPIs, regulatory frameworks, and performance benchmarks.
• Proficiency in financial analysis tools (Excel, Factset, CapitalIQ, etc.); exposure to project finance models is a plus.
• Excellent written and verbal communication skills for preparing high\-quality review notes and engaging with stakeholders.
• Ability to manage multiple priorities and meet tight deadlines under minimal supervision.

Job Snapshot

Job ID

JOB\_5871

Department

Lending Services

Location

Udyog Vihar Phase II, Gurgaon, Haryana, India

Experience

4 \- 12 Years

Employee Type

Permanent

Employee Sub Type

Full Time