Covenant Monitoring Analyst / Senior Analyst

CRISIL Limited, an analytical company, provides ratings, research, and risk and policy consulting services in India, Europe, North America, and internationally.It operates through two segment, Rating Services; and Research, Analytics and Solutions. The company offers credit ratings for corporates, banks, and bank loans; credit analysis services; grading services; and analytical services.It also provides research and risk solutions, industry reports, customized research assignments, subscription to data services, training, and advisory services; and a range of risk management tools, analytics, and solutions for financial institutions, banks, and corporates.The company was formerly known as The Credit Rating Information Services of India Limited and changed its name to CRISIL Limited in December 2003.CRISIL Limited was incorporated in 1987 and is headquartered in Mumbai, India.Office location: Abu DhabiRole Summary:We are seeking an experienced Covenant Monitoring Analyst to support the monitoring and management of credit facilities across the corporate lending portfolio. The role involves reviewing loan documentation, monitoring financial and non-financial covenants, identifying early warning signals, supporting system implementation initiatives, and ensuring accurate credit risk reporting. The ideal candidate will possess a strong understanding of corporate banking products, credit agreements, covenant monitoring processes, and portfolio risk management.Responsibilities:Assist in requirement gathering for the development of covenant monitoring systemAssist in the data cleansing activity of the loan facilities to be fed in the systemConduct thorough testing and quality assurance to ensure the functionality, accuracy and reliability of the developed systems and modules and timely reporting of defects.Assume “Maker” role in covenant monitoring system to create and test the Covenant Trackers:Review facility documents (example loan agreement/credit agreement) and check the terms of the facility for clients.Review the various waivers and amendment requests received from the Agent or the Borrowers/ Coverage Team.Highlight any early warning signals from the latest financials, covenant compliance certificates and any other sources of news. Assist the portfolio monitoring team to seek necessary information while conducting the annual review of the facility.Oversee covenant monitoring, early-warning indicators, watchlists, and risk grading.Ensure delivery of high-quality, decision-ready portfolio and credit reporting.Qualifications:5-10 years of experience in Corporate Banking, Credit Risk, Portfolio Monitoring, Loan Administration, or Covenant Monitoring functions.Proven experience reviewing and interpreting loan agreements, credit agreements, and syndicated lending documentation.Experience working with covenant monitoring systems and credit portfolio management tools.Exposure to corporate lending products, syndicated loans, and structured credit facilities.Strong understanding of corporate and commercial banking credit products.Deep knowledge of covenant monitoring processes and lifecycle management.Ability to interpret and analyze loan agreements, credit agreements, waivers, amendments, and extension documentation.Knowledge of financial statement analysis and credit risk assessment.Experience with covenant monitoring platforms and related credit risk systems.Strong data validation, testing, and quality assurance capabilities.Why join us:Secure Employment Contract: Enjoy the peace of mind that comes with a solid permanent contract.Comprehensive Benefits Package.Employee Referral Program: Help us grow our team and get rewarded through our Employee Referral Program.Education Reimbursement Policy: Invest in your future with our education reimbursement policy, supporting your continuous learning and professional development.Career Development Opportunities: Explore numerous internal and external opportunities to advance your career within the Finance Domain. We are committed to your growth and success.