SHUBHAM JOSHI
Dubai,United Arab Emirates
Summary
Strategic Credit Risk Leader with over 7 years of experience currently at the world’s 3rd largest bank, specializing in high-value credit underwriting and portfolio management within the UAE banking sector. Expert in managing the end-to-end credit lifecycle from reviewing financial modeling and risk rating (upgrades/downgrades) to regulatory compliance. Proven track record of navigating multi-layered approval matrices for Corporate and SME portfolios while maintaining rigorous asset quality and optimized turnaround times (TAT). Skilled in leading cross-functional teams and collaborating with Relationship Managers, Compliance, and Legal to structure robust credit solutions that balance business growth with firm risk appetite.
Overview
8
8
years of professional experience
Work history
Manager, Credit Risk Management
China Construction Bank
Dubai
08.2024 - Current
- Credit Policy Governance & Documentation Managed the full cycle of credit and risk approvals, ensuring timely implementation of policy amendments. Maintained meticulous documentation of management decisions and policy changes to ensure strict regulatory compliance and audit readiness.
- Managed end-to-end credit underwriting and review for large Corporate and SME portfolios, navigating complex approval matrices to ensure alignment with Bank policies.
- Review risk assessments of the proposals submitted by the front office using internal rating models and external reports to evaluate borrower repayment capacity, maintaining high asset quality and low NPA levels.
- Credit Risk Rating:
Review and update borrower credit ratings initiated by analysts through Bank’s internal rating system, ensuring consistency with Rating Procedure Manual and Evaluation Handbook. Maintain transparent documentation and robust justifications for all rating actions, including upgrades, downgrades, and revalidations. - Support reviewing model outputs, stage classification, and key credit parameters. Prepare analytical summaries highlighting material movements and provisioning trends for management and regulatory review.
- Policy Adjustment & Portfolio Monitoring: Conducted continuous portfolio surveillance, analyzing past-due trends and covenant compliance. Used this data to assess concentration risks across sectors and recommend necessary adjustments to the Bank’s formal credit risk appetite and concentration thresholds.
- Lead and mentor a team of Credit Officers/Analysts while collaborating with Relationship Managers, Legal, and Compliance departments to structure credit deals, facilitate policy interpretation, and ensure seamless communication across the approval matrix.
Credit Risk Analyst
CME Capital Management (Sukoon Insurance Company)
11.2021 - 07.2024
- As a credit underwriter focusing on international trade transactions, I am accountable for evaluating credit applications and performing financial and qualitative analysis
- Possess the expertise to appraise credit and political risk exposures for companies, governments, and countries
- Proficient in conducting comprehensive risk assessments and analysis within trade finance documentation encompassing diverse transactions such as receivables and payables financing, import/export financing, invoice discounting/factoring, commodity trade financing, inventory financing, CMA/SMA contracts, ensuring thorough identification and mitigation of both credit and operational risks
- Possess a proven ability to scrutinize financial statements to determine client viability and risk
- Building and updating financial models as case-by-case requirements
- Conducted an in-depth investigation into trade credit and political risks, and recommended a comprehensive framework and corresponding actions to enhance company resilience
- In-depth analysis of underlying contract (buyer/obligor risk) and Credit facility agreements by reviewing term sheet(borrower risk) to ascertain risk associated basis payment terms etc
- Assisting banks by applying experience to recommend appropriate covenants, terms, conditions, and structures for credit requests.
Associate, Valuations Analyst
IHS Markit, (now an S&P Global company)
01.2021 - 08.2021
- Earned production access and access to client environment by passing mock valuation tasks in test environment
- Performed portfolio valuations for VC/PE funds, and business valuations of early-stage venture-backed companies with complex capital structures and illiquid classes of stock
- Worked with Valuation team to complete valuations reports that adhere to all AICPA standards pertaining to Fair Value
- Assisted Implementation team with interpretation of financial and legal documents used for onboarding clients to platform
- Company and Transaction screening to prepare best possible comp set to get appropriate overview of industry and business of target company
- Communicated confidently with diverse clients from different backgrounds
- Deciding suitable approaches (namely Market approach, Market adjusted option pricing model, or blend of both) to be followed to ascertain Equity value
- Assigning data points and weights on LTM/NTM revenue and EBITDA multiple based on where target company fits in comparable companies set and its performance
- Considering appropriate equity adjustment (if needed) and DLOM for valuation of target company
- Deciding appropriate weights among valuation approaches and choosing method of allocation of equity value.
Credit Analyst
Moody's Analytics
01.2019 - 01.2021
- Building cash flow models, calculating various ratios to trace covenant compliance, calculating FCF & FCF after discretionary and cash conversion
- Developing waterfall structure of debt and executing waterfall analysis to establish prioritisation of debt structure based on liquidity and diverse leverage ratios
- Performing comparable company analysis & Benchmarking analysis on various companies as per client requirements
- Performing secondary research to assist client on various projects
- Conducted regular assessments of company credibility, factoring in political and economic shifts. Analyzed changes in capital structures of companies to ensure accurate evaluations.
- Performed analysis of various industries and competition as per client requirements
- Collaborated with delivery teams, managing deliverables and facilitating communication with clients across various regions.
Credit Analyst (Intern)
WNS
05.2018 - 07.2018
- 3 months of experience in the Commercial Credit Process as a Credit Analyst
- Passed Test environment Spreads to get: Production access & MRA (Moody's Risk Analyst) Tool access
- Detailed Borrower Analysis ATP- Ability to make loan repayments, Financial spreads of borrower and guarantor, Covenant testing, Collateral valuation
- Worked on assigning the Risk rating to the Borrower, and detailed risk rating rationale write-up
- Assigning the 'Probability of Default' and 'Loss Given Default' ratings to the Borrower
- Strong focus on Credit Appraisal (Annual review) and financial analysis with adherence to TAT and SOP.
Skills
- Risk management
- Trade Credit Risk Specialist
- Financial viability assessment
- Credit analysis
- Trade finance arrangements
- Industry Research
- Valuation
- Financial Models
- Regulatory compliance knowledge
Timeline
Manager, Credit Risk Management
China Construction Bank
08.2024 - Current
Credit Risk Analyst
CME Capital Management (Sukoon Insurance Company)
11.2021 - 07.2024
Associate, Valuations Analyst
IHS Markit, (now an S&P Global company)
01.2021 - 08.2021
Credit Analyst
Moody's Analytics
01.2019 - 01.2021
Credit Analyst (Intern)
WNS
05.2018 - 07.2018