Assistant Vice President (Credit)

Company Overview

JM Financial Asset Management Ltd, part of the JM Financial Group, is one of India's leading asset management companies. It offers a diverse range of investment solutions to both individual and institutional investors. The company is known for its seasoned investment professionals and a strong long-term track record of performance. JM Financial is committed to providing innovative, customized investment solutions tailored to clients' unique needs and objectives. The organization fosters a respectful and inclusive work environment, ensuring equal employment opportunities without discrimination or harassment based on race, color, religion, age, gender, sexual orientation, national origin, citizenship, disability, marital status, pregnancy, veteran status, or any other protected characteristic.

Job Summary

The Assistant Vice President (Credit) will play a critical role in assessing credit risk, conducting due diligence, and structuring investments within the AIF (Alternative Investment Fund) credit department. The candidate will leverage their expertise in credit assessment, financial modeling, and transaction structuring to support investment decisions, monitor portfolio performance, and ensure compliance with investment guidelines. This role reports to the Senior Vice President and contributes to the organization’s goal of delivering superior investment performance through rigorous risk management and thorough analysis.

Responsibilities

• Conduct risk assessment and due diligence of potential investment opportunities in the credit space.
• Prepare detailed Investment Committee (IC) notes and presentation materials to support investment decisions.
• Draft, negotiate, and finalize term sheets with counterparties.
• Build, review, and validate financial models to evaluate investment viability and risk.
• Monitor portfolio investments, including tracking performance metrics and covenant compliance (preferred).
• Conduct in-depth sector and industry research to inform credit assessments (preferred).
• Coordinate with external legal, financial, and other advisory teams to facilitate transaction execution.

Qualifications

• 7–10 years of relevant experience in credit/risk management, preferably within Corporate Banking – Mid-Market Risk/Credit teams of Banks, NBFCs, or Private Credit AIFs.
• Educational qualifications: CA (Chartered Accountant) (First Attempt) or MBA from a premier Tier-1 institute.
• Strong financial analysis, credit assessment, and financial modeling skills.
• Proven experience in transaction structuring and investment due diligence.
• Excellent written and verbal communication skills.
• Sound credit judgment and problem-solving abilities.
• Strong stakeholder management skills.

Preferred Skills

• Experience in portfolio monitoring, including covenant tracking.
• Ability to conduct sector and industry research.
• Familiarity with legal and financial advisory coordination.
• Advanced proficiency in financial modeling and valuation techniques.
• Strong interpersonal skills and team collaboration.

Experience

• 7 to 10 years of professional experience in credit analysis, risk assessment, or related roles within banking, NBFCs, or private credit funds.
• Demonstrated track record of managing or supporting credit investments and portfolio monitoring.

Environment

This role is typically based in an office setting, with potential for hybrid work arrangements. The work involves detailed financial analysis, stakeholder interactions, and coordination with external advisors. The environment demands high attention to detail, analytical rigor, and the ability to manage multiple priorities effectively.

Salary

Not specified.

GrowthOpportunities

Potential career advancement to senior leadership roles within the credit or investment management divisions, including senior vice president or director positions, based on performance and organizational needs.

Benefits

Not specified.