Associate Director | Credit Underwriting | Kolkata | Regulatory & Financial Risk

Your work profile

As an Associate Director in our team you’ll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations: -

We are seeking an experienced Credit Underwriter / Credit Underwriting Analyst to evaluate and approve credit applications across retail, SME, commercial, or corporate lending portfolios. The role involves conducting in-depth financial analysis, assessing borrower creditworthiness, evaluating collateral and covenant structures, and ensuring alignment with internal credit policies and regulatory guidelines. The ideal candidate will collaborate closely with business, credit risk, and operations teams to deliver high-quality underwriting decisions that support sound portfolio growth.

Key Responsibilities:

• Perform comprehensive credit assessments, including financial analysis, business evaluation, peer benchmarking, and ESG review, with emphasis on corporate clients.
• Prepare underwriting papers, credit notes, renewal proposals, and new-money requests by synthesizing borrower financials, sector data, and internal risk guidelines.
• Contribute analytical insights during deal discussions and credit committee/approval forums.
• Support Business with financial spreading, data verification, documentation checks, and portfolio-related queries.
• Coordinate with Legal and Operations to ensure facility and security documentation is accurate and compliant with approved terms.
• Monitor portfolio performance through covenant tracking, exposure review, early-warning indicators, and adherence to approval conditions; escalate deviations when required.
• Conduct sector and counterparty research, including climate-risk and sustainability-related assessments.
• Tenured professionals to lead the credit underwriting team by allocating work, reviewing outputs, coaching analysts, and enhancing overall credit-writing capability.
• Provide guidance on deal structuring and collaborate with RMs, Risk, Legal, and Operations to finalise covenants, terms, and execution requirements.
• Maintain clear communication with business, risk, and support teams to ensure smooth and controlled credit execution.

Skills & Experience Required:

• Advanced financial analysis, credit ratios, cash-flow evaluation, lending structures
• Financial modelling, excel proficiency, data validation
• Credit policy interpretation, documentation governance, controls
• ESG and climate-risk assessment exposure
• Stakeholder management, negotiation, and team guidance (for senior levels)

Preferred Qualifications:

• Postgraduate degree or professional qualification preferred (CA / CFA / FRM).
• Strong grounding in credit analysis, financial ratios, corporate finance, and banking products.
• Deep familiarity with credit controls, documentation standards, governance, and audit-focused processes.
• Understanding of ESG/climate-risk principles (preferred).

Location and way of working

• Base location: Bangalore
• Hybrid is our default way of working. Each domain has customized the hybrid approach to their unique needs.

Why Deloitte?

At Deloitte, we focus our energy on interesting and impactful work. We’re always learning, innovating, and setting the standard; making a positive difference to our clients and our society. We put coaching at the heart of what we do, helping our people grow their careers in any direction – whether it be up, moving into something new, or even moving across the world.

We embrace diversity, equity, and inclusion. We have a diverse collection of people from different backgrounds, with different experiences, gender identities, abilities and thinking styles. What binds us together is a shared commitment to value everyone’s perspective and to cultivate inclusion; so that our work environment is a safe space we can all belong.

We prioritise flexibility and choice. At Deloitte, you get trust on Day 1. We know our people get their best work done when they’re in control of where and how they work, designing their work week around their client, team, and personal commitments.

We help you live and work well. To support your personal and professional life, we offer a range of perks and benefits, including retail discounts, wellbeing leave, paid volunteering days, twelve flexible working options, market-leading parental leave and return to work support package.

Visit here to find out more about us.

Next Steps

Does this sound like the right opportunity for you? Apply now!

By applying for this job, you’ll be assessed against the Deloitte Talent Standards. We’ve designed these standards so that you can grow in your career, and we can provide our clients with a consistent and exceptional Deloitte employee experience globally. The preferred candidate will be subject to background screening by Deloitte or by their external third-party provider.

For Any Queries please mail to inTA_SRT@deloitte.com