Palak Bhatt
Mumbai
Summary
Accomplished finance professional with a proven track record at ICRA Limited, specializing in financial and credit analysis, including sector analysis of NBFCs, MFIs, HFCs, and SFBs. Excelled in financial forecasting and developing insightful reports, enhancing decision-making processes. Known for exceptional analytical rigor and fostering client relationships, demonstrating both hard and soft skills without relying on numerical percentages.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Associate Analyst
ICICI Securities
MUMBAI
09.2024 - Current
- Developed and regularly updated financial models for NBFCs, MFIs, HFCs, and SFBs within our coverage universe, contributing to high-quality, data-driven insights.
- Created comprehensive earnings call summaries, identifying key takeaways to support quick decision-making and analysis for both internal teams and clients.
- Assisted the Lead Analyst in preparing detailed reports, including earnings notes, sector overviews, and preview notes, delivering comprehensive market perspectives to clients.
- Responded to client inquiries, providing tailored information and insights to support investment decisions and address sector-specific questions.
- Contributed to a collaborative research team environment, with a commitment to accuracy, timely updates, and maintaining a high standard of analytical rigor.
Analyst
ICRA Limited
06.2021 - 09.2024
- Evaluating credit risk of retail loan portfolio belonging to banks, NBFCs, micro finance institutions and home finance companies
- Independently handling rating assignments for entities by analyzing past performance and estimating their future behavior by modeling their likely losses and future cash flows of the underlying pool of contracts.
- Preparing rating report by including a profile of the rated company, key rating considerations, credit risk assessment, financial and business performance analysis and peer comparisons
- Responsible for assessing the asset quality, earnings, and liquidity profile of the portfolio companies.
- Regularly monitor portfolio projections using base and stress case assumptions.
- Evaluation and ratings of security receipts issued by Asset Reconstruction Companies (ARCs)
- Conducting research on the industry in which the company is operating and keeping track on the performance of the industry as a whole
- Preparing Rating rationale and credit perspective rationale
- Communicating and interacting with client team member for performing comprehensive, in-depth analysis
Senior Manager
Catalyst Trusteeship Limited
01.2019 - 01.2021
- Interpret legal documentation for understanding of financial covenants, trigger events, and priority of payments (waterfall) to determine cash distribution for all loans assigned, in compliance with various legal documents
- Prepare trustee report in accordance to the legal document
- Address all internal and external stakeholder queries
- Reconciliation of Investment balance between investor and seller
- Support IT and ERP team for development of effective and efficient Securitization software and bring in automation
- Assisting in maintaining and developing client relationships by following-up on leads and queries
- Training the new joiners
Education
Chartered Accountant -
Mumbai University
Mumbai, MH, India01-2019
BBA -
KJ Somaiya
05-2016
Skills
- Financial forecasting
- Financial analysis
- Credit analysis
- Cash flow analysis
- Sector Analysis: NBFCs, MFIs, HFCs, SFBs
- Report and Note Preparation
- Microsoft Excel
Accomplishments
- Winner of the Corporate Award in 'Bright Beginners' Category within a span of 6 months from joining in ICRA.
- Winner of 'Research Award' for Best Credit Perspective Report.
- CEO appreciation Letter for 'Development of new joiners'.
Hobbies and Interests
- Sketching
- Painting
- Reading
- Dancing
- Listen to the Spiritual Video
Languages
- English
- Hindi
- Gujarati
- Marathi
Personal Information
Title: Chartered Accountant
Certification
- NISM - Research Analyst
Languages
English
First Language
Hindi
Advanced (C1)
C1
Gujarati
Advanced (C1)
C1
Marathi
Upper Intermediate (B2)
B2
Timeline
Associate Analyst
ICICI Securities
09.2024 - Current
Analyst
ICRA Limited
06.2021 - 09.2024
Senior Manager
Catalyst Trusteeship Limited
01.2019 - 01.2021
- NISM - Research Analyst
Chartered Accountant -
Mumbai University
BBA -
KJ Somaiya
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