Venture Capital Job – Associate (Credit Research and Fund Management – Northern Arc Investment Managers

Venture Capital Job opportunity as an Associate – Credit Research and Fund Management at Northern Arc Capital Manager in Mumbai

Organizational Overview:

Northern Arc Investments is the fund management vertical and a wholly owned subsidiary of Northern Arc Capital Since being set up in 2014, we have grown to be one of the leading private debt fund managers in India managing over ~USD 400 million in investor commitments.

In line with the work and ecosystem created by our parent company Northern Arc Capital, we facilitate
investments that ensure easy access-to-finance for companies that have a demonstrable track record in
increasing the penetration of financial services in India. Our investment strategy is centered around making impact-oriented yet returns-focused investments in a number of key financial inclusion themed sectors, such as Microfinance, Affordable Housing, Small Business Loans, Vehicle Loans, Agri-business Loans and Corporate Finance.

New sectors are added over time based on the group’s strategy of identifying newer areas which enable us to fulfill our longstanding mission of bringing about easy, reliable and sustainable access to finance for the un-served and under-served population in India.

Over the years, we have developed significant expertise in presenting sustainable solutions to investors through our funds, by providing multiple investment strategies (single/multi-sector focus), varying tenures (ranging from 3.5 years to 10 years) and liquidity preferences (regular coupon pay-outs or bullet payments). We fully understand that impact creation cannot be sustained unless it offers meaningful returns for investors; all our funds have consistently delivered well above their targeted returns.

Mission: To enable access to finance for the underbanked

Vision: To be a trusted global platform that enables flow of finance from providers to users in a reliable and responsible manner.

Values:
• Ethical: we adhere to a shared code of ethics and high standards of professional conduct
• Responsive: we are nimble and quick to adapt, learning and evolving as we go
• Innovative: we push the frontiers of finance through knowledge and innovation
• Empathetic: we understand the needs of our stakeholders and are aligned with them
• Resolute: we are unwavering in our commitments and stand by them
As an employer, we are committed to diversity, equality and inclusion. For more information, please visit –

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Job Objective:

• Perform quarterly financial, operational and portfolio reviews of the investee companies of the fund
across sectors and provide recommendation to assist in taking further credit exposure
• Take ownership of investor reporting for timely dissemination of Investor deliverables.
• To develop a thorough understanding of the underlying sectors by assessing credit, regulatory and
macro-economic risks. To perform client visitsto assess the ground level credit risks and identify early
warning signals.
• To address investor queries and prepare investor collateral on fund performance and sector research.
• In case of satisfactory performance, the role will eventually evolve to portfolio management of private
credit funds.

Key Accountabilities:

Description
• Pre & Post-investment: Credit analysis & risk monitoring of partner companies (NBFC-MFIs, NBFCs
& Corporates – Non-Real estate), reporting on early warning signals or signs of deterioration in
credit risk, quality of operations, management, financial position, governance etc.
• Undertake complete responsibility of the assigned tasks; Underwrite plain vanilla and structured
finance transactions with clients; coordinating with various internal and external stakeholders
involved in deals
• Engage closely with other teams in the Northern Arc ecosystem to drive Automation and building
of data repositories for macro as well as sectors risks
• Visiting partners and working with their top management and functional team to identify potential
risk areas. These risks may be in corporate governance, quality of field operations, human
resources, MIS, underwriting, security creation, operations, collections, monitoring and control
systems or financial health of the entity. In case of risks identified, make recommendations on
possible measures to mitigate / avoid such risks through process changes etc. and monitor
progress.
• Recommend Investments / credit exposure for client for onboarding approvals to the Investment
Committee, Limit enhancements, negotiating covenants on term-sheets across live funds.
• Adding to the body of understanding of asset classes in which Northern Arc is working with along
with providing inputs for expanding into new sectors; by participating in due diligences,
participating in investment committee meetings, research, blogs or any secondary study and
driving thought leadership in the sector.
• Refining existing and developing new risk management models, frameworks and tools.
• Address investors queries & prepare periodic investor collateral on portfolio performance and
sector research

Performance Indicators:

• Financial analysis skills to analyze partner entities such as NBFC, HFCs, MFIs and non-FI companies
• Ability to multi-task and deliver quantitative as well as qualitative outputs consistently at short
deadlines
• Ability to provide clear, succinct and timely reporting and risk analysis.
• Strong computer skills (Automation / coding, Microsoft tools)
• Detail-oriented, good prioritization skills, pro-active and, goal-oriented
• Excellent written and verbal communication skills in English.

Minimum Qualifications:
• Master’s degree or equivalent qualification in Finance / Business/ Economics/ Agri or Development
Finance from Tier I or Tier II business schools and B. Tech / B.E (preferably in in Computer Science
or Information Technology from IITs/NITs who has worked on coding / automation related projects)
• Candidate with CFA / FRM certifications or substantial progress towards the certifications will be
given a strong preference

Minimum Experience:
• 1-2 years of overall corporate experience.
• There is no specific experience bar for the right candidate. Interested freshers are also encouraged
to apply.