Job Description

1. JOB DETAILS

Position Title: Associate – Credit Risk & Monitoring (Mid Market)

Reports to: Director – Credit Risk & Monitoring

Company: Northern Arc Capital Limited

Location: Chennai

2. ORGANIZATIONAL OVERVIEW
Northern Arc Capital Limited (formerly IFMR Capital Finance Limited) is a platform in the financial services
sector in India. As a leading player among India’s NBFCs, its business model is diversified across offerings,
sectors, products, geographies, and borrower segments. It’s technology focused approach and its risk
management framework enable it to offer a rich product suite to its target segments.

Northern Arc has cumulatively raised over INR one lakh crore in funds for its clients since the inception of
its platform in 2009. Northern Arc’s exposure is spread across 657 districts in 28 states and 7 Union
Territories in India, as on March 31, 2021.

It is backed by marquee private equity players like LeapFrog, IIFL, Accion, Augusta Investments (known as
Affirma Capital), Dvara Trust, Eight Roads and Sumitomo Mitsui Banking Corporation.

For more information, please visit - http://northernarc.com

3. JOB OBJECTIVE

Northern Arc Capital is looking for a Senior Associate to join its Risk Monitoring team. Primary responsibility
will be towards credit risk and monitoring in the Mid-Market segment

4. KEY ACCOUNTABILITIES:
• Pre- Investment: Due diligence on Business Model and Operations, Financial and Governance Aspects
• Post-investment: Periodic credit analysis & risk monitoring of partner companies in Mid- Market
segment – Emerging Corporates reporting on Early warning signals or signs of deterioration in Credit
risk.
• Visiting partners and interacting with their top management and functional team to understand
business models and identify potential risk areas. In case of risks identified, make recommendations on
possible measures to mitigate risks through incremental and monitor progress.
• Performing periodic credit analysis for client onboarding approvals, limit enhancements, setting
covenants on Term-sheets across products.
• Adding to the body of understanding of asset classes in which Northern Arc is working with a focus on
identified sectors, by participating in due diligences with Business origination team, participating in
credit committee meetings, research, blogs or any secondary study.
• Monitoring sector level risks and recommending necessary course of action at an entity and sector
level as well as engaging with other stake holders such as the investors, credit bureaus, etc.

5. Ideal Profile:

Experience:
• At least 0 to 2 years of total professional experience in credit analysis, credit research, or corporate
finance (Banks, NBFCs, Investment Funds, or rating agencies). Candidates with prior lending
experience would be preferred.

Minimum Qualifications:
• MBA in Finance from Top-20 Institution/ CA (all levels passed) / Master’s in Finance or Commerce.
A CFA Charter or FRM certification would be considered a significant advantage

Required:
• Financial analysis skills to analyze partner entities in Mid- Market Space – Emerging Corporates

• Excellent oral and written communication skills.

• Technical Skills: Financial Statement Analysis, Business plan Analysis, Evaluation of Management &

Governance, Operations etc.

• Detail-oriented, good prioritization skills, pro-active and, goal-oriented

• Strong analytical skills. Good understanding of products.

• Working knowledge of MS-Office tools.

• Ability to provide clear, succinct, and timely risk analysis reports

• Willingness to travel to client location to understand business and operational model.

• Experience of and ability to stretch oneself, work under pressure, handle multiple assignments

simultaneously and deliver on deadlines.

• Strong work ethic, positive attitude, self-motivated individual having an ability to work individually

and as part of a team.