Senior Associate- Credit Monitoring & Recovery

About IFCI Ltd

IFCI is a Systematically Important Non Deposit Taking Non-Banking Finance Company (NBFC-ND-SI) in the public sector. Established in 1948 as a statutory corporation, IFCI is a public limited company listed on BSE and NSE. IFCI has six number of subsidiaries and one associate under its fold. IFCI is having mandate to provide financial support for the diversified growth of Industries across the spectrum. The financing activities cover various kind of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries. During its 75 years of existence, mega projects like Adani Mundra Ports, GMR Goa International Airport, Salasar Highways, NRSS Transmission, Raichur Power Corporation, to name a few, have been setup with financial assistance of IFCI. IFCI also provides Government Advisory services and Corporate Advisory services. In Government Advisory, IFCI is appointed as a Project Management Agency (PMA) for various Production Linked Incentive (PLI) schemes launched under the aegis of "Atmanirbhar Bharat" by the Government of India. These schemes are aimed at boosting domestic manufacturing and to attract large investment in the identified sectors. IFCI is also the Verifying & Monitoring Agency for various capital subsidy schemes. Under Corporate Advisory, IFCI is offering financial advisory, ESG advisory and other Project advisory services to the Corporate & Government sectors. IFCI is also the Nodal Agency for monitoring loans of Sugar Development Fund (SDF) since 1984. IFCI is also the Nodal Agency for monitoring loans of Sugar Development Fund (SDF) since 1984.

Qualification

• Graduate in any discipline with MBA/PGDBA/PGDBM/ Chartered Accountant / Cost Management Accountant / CFA.

Maximum Age

• 38 years as on 31/07/2026

Experience & Skills required

• Minimum 6 years of post-qualification experience in a Bank/ FI/ NBFC/ Consulting Firm in any one or more of resolution of stressed assets, corporate credit, project finance, appraisal, monitoring, recovery.

Key Objectives and Responsibilities:

• Conduct in-depth credit appraisal and evaluation of financing proposals, including assessment of financial analysis, business analysis, economic analysis and project risks analysis of various industrial sectors.
• Undertake project appraisal and financial modelling to assess viability, profitability, sensitivity analysis based on cash flows.
• Initiate and support recovery and resolution actions for stressed assets/NPAs, including restructuring, settlements, assignments, follow-up and recovery proceedings under Insolvency and Bankruptcy Code (IBC), DRT etc.
• Undertake valuation of land, building, plant, machinery and equity.
• Prepare comprehensive credit notes, appraisal memoranda, and recommendations for approval authorities.
• Develop, maintain, and analyse MIS reports related to credit, portfolio performance, and recovery activities.
• Coordinate with regulatory authorities, statutory auditors, and inspection teams, and facilitate compliance with audit requirements.
• Perform any other duties, assignments, or responsibilities entrusted by IFCI from time to time in line with organizational requirements.

For more information, please check the link: Senior Associate- Credit Monitoring & Recovery

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