Job Description

ABOUT AAVISHKAAR CAPITAL

Aavishkaar Capital is an Impact fund manager focused on the Global South. A pioneer in taking an entrepreneurship-based approach to scaling businesses for impact, Aavishkaar Capital's unique approach has resulted in its invested enterprises impacting over 120 million lives (55% of whom are women) and creating over 300,000 jobs and livelihoods. Aavishkaar Capital has raised eight funds while generating commercial returns with over c.$500 million in assets under management.

For more details, please visit www.aavishkaarcapital.in.

Aavishkaar Capital is the impact investing arm of the Aavishkaar Group, the impact platform with a presence in Microfinance, MSME Lending and ecosystem building across India, Emerging Asia and Sub-Saharan Africa. Aavishkaar Group with its vision to bridge the opportunity gap for the emerging 3 Billion currently manages over USD 1 billion in Impact Assets across its platform.

The Group's ecosystems include Aavishkaar Capital - Impact fund manager focused on Global South, Arohan- One of India's largest & most digitally advanced microfinance institutions (MFI) targeting low-income households, Ashv Finance- Phygital NBFC, offering unique cash flow based business loans to Micro, Small & Medium Enterprises and Intellecap - Global Impact advisory firm providing Consulting, Investment banking and Inclusive networking platform. The Group's shareholders include TIAA-Nuveen, Triodos Bank, Shell Foundation and Dutch Entrepreneurial Development Bank FMO.

For more information visit: https://aavishkaargroup.com/

POSITION DESCRIPTION

The incumbent will be responsible for managing the entire credit process, including the assessment of the creditworthiness of potential customers, approval of credit to Portfolio Companies, and credit review of existing portfolio companies. The individual will be expected to develop a credit and risk management process that is aligned to the overall investment process, which is scalable and efficient.

RESPONSIBILITIES

Credit

- Consult with prospective Portfolio Companies and understand their funding requirement

- Conducting background checks on potential investees to determine their ability to pay back the principal and interest

- Approving the proposals for onward submission to Credit Committee

Risk Management

- Develop an appropriate portfolio construct and direct investments to the construct

- Review economic and financial trends that may present a risk to the company

- Review industry-related developments and other resources and assess their impact on the portfolio

- Research and study the events in the current scenario and anticipate any effect on the economy as well as the financial industry

- Monitoring of Portfolio Company for adherence to covenants and other contractual agreements including compliance e.g. regulatory

- Analyze data to better understand potential risks, concerns and outcomes of decisions

- Aggregate data from multiple sources to provide a comprehensive assessment of individual portfolio companies and the portfolio as a whole

- Regular analysis and presentation of overall portfolio health and potential direction of portfolio construct

- Identify economic and financial trends that may present a risk to the Fund

- Monitor internal and external data points that may affect the risk level of a decision and make suggestions on how to mitigate for them

Monitoring & Collections

- Undertake soft collections through customer interaction

- Send soft letters /communication if there are any delays in repayment

- Engage with Portfolio Companies/ meet/ review the corporate operational performance for ensuring timely/regular payments

- Regular updates to Management/Review committee on portfolio behavior and report any early warning signals on portfolio/corporate performance in terms of repayment

Others

- Collaborate with other team members to effectively analyze and present data

- Create reports with all facts of the case for effective and informed decisions

- Be conversant with domestic and internal tax impact (e.g. WHT)

REQUIRED QUALIFICATIONS AND SKILLS

- Qualified CA/MBA with relevant work experience Credit underwriting/portfolio management 10-12 years with Debt Funds/NBFCs/Banks/corporates

- Financial Modeling, data management, analysis, and visualization skills

- Strong written and verbal communication skills

EQUAL OPPORTUNITY EMPLOYER

Aavishkaar Group is an equal opportunity employer. We welcome all qualified individuals from diverse professional, cultural and academic backgrounds, regardless of gender, race, ethnicity, and nationality and are committed to fostering a diverse and inclusive workplace.

We encourage women candidates to apply for this position.