Location:

Yerevan, Armenia

Work permit:

Russia / Russia

Education level:

Бакалавр / Bachelor

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Credit rating analyst / investment analyst

Work experience:

– LCC National Credit Ratings, www.ratings.ru.
(Credit rating agency, subsidiary of Ros Business Consulting Holding).
– Corporate Credit Ratings Group, Director
– Lead credit analyst in the following sectors: it & telecommunications, residential and infrastructure construction, commercial real estate, food industry, aviation and leasing. Coverage includes more than 40 companies with annual revenue ranging from EUR 10 mln to EUR 8 billion, located at Russia, CIS and Cyprus.

Key functions:
• Analysis of key quantitative and qualitative factors influencing credit quality of companies including in-depths credit & financial analysis, assessment of specific and systematic risks, corporate governance quality, industries research, peer studies, stress-testing of client financial models.
• Meetings and regularly interacting with management of the rated companies (including shareholders, CEOs, CFOs, CROs).
• Presenting and voting at rating committees.
• Writing analytical research and reports, macro and micro economic analysis, press releases, views on general market trends.
• Communication with the media, including TV and press, giving analytical comments and interviews, participating in conferences and panel discussions.
• Development of corporate ratings methodologies (including development of project & structure finance methodology, leasing methodology, ESG-ratings methodology) rating models validation and comprehensive testing.
• Valuation of borrowers and assets for Bank Ratings Group.

– March 2019 – present

Work experience:

JSC Gazprombank
Project Finance & Investment Group at Credit Risk Department, Executive Director
Key functions:
• Credit risk valuation and deal structuring on investment and operational stages of project finance transactions, incl. capex validation, market overview, financial & investment analysis, stress-testing, key industry risks identification and internal credit rating estimation.
• Preparing credit risk proposals and presentations for internal Credit Committees.
• Supervisory approval authority function for DD, construction audit and assets valuation reports (incl. transactions of subsidiary banks in Switzerland and Luxembourg).
• Making/adopting clients cash flow models according to the bank requirements.
• Monitoring credit quality of varied projects.
• Development of methodology and internal regulations.
• Providing educational events for new employees and other bank departments involved in credit process.

– April 2013 – February 2019

Work experience:

JSC Unicredit Bank
Corporate Credit Risk, Collateral Valuation Group
– Associate Manager
• Preparing estimation of enterprises, factories, real estate property and fixed assets, incl. checks of external valuation reports.
• Conforming collateral structures including material and non-material assets, analyzing their eligibility for Basel 2 criteria.
• Supervisory approval authority function of collateral loan documentation.
• Presenting collateral proposals at internal Credit Committees.
• Preparing estimation reports and market overviews of commercial real-estate directly to parent bank (Bank of Austria, Vienna).
• Development of collateral methodology (incl. international methodology) and internal regulations.

March 2011 – April 2013

Work experience:

Raiffeisenbank
Collateral Management Department, Senior Officer
• Preparing estimation of enterprises, factories, real estate property and fixed assets, incl. checks of external valuation reports.
• Supervisory approval authority function of collateral loan documentation.
• Primary inspections of pledged property.
• Developing and adaptation of external report forms and valuation models.

– February 2011 – April 2010

Swedbank (Russian branch)
Credit Monitoring and Accountancy Department, Collateral Specialist
• Preparing estimation of real estate property and fixed assets, incl. checks of external valuation reports.
• Supervisory approval authority function of collateral loan documentation.
• Primary inspections of pledged property.
– April 2010 – May 2007

Key skills:

credit risk analysis / investment analysis / banking / assets valuation / statistics / data analysis

Edicuation:

– Moscow Institute of World Economics and International Relationships (former Moscow Institute of International Economic Relations)
– World Economy
– Economist
– 2006

Edicuation:

– Plekhanov Russian University of Economics
– Business valuation
– Appraiser
– 2010

Edicuation:

– YANDEX PRACTICUM
– Data Analyst & Statistics
– Data Analyst
– 2023

Additional information

Accomplished Credit analyst with over 15 years of experience in emerging markets (Russia, CIS, Eastern Europe). Strong professional skills in Corporate Finance, Project Finance, Risk Management, M&A, and Valuation. Certified business appraiser and data analyst.

Key achievements:
• Successful commercial launch of independent credit ratings agency. Developed corporate, leasing, and project finance rating methodologies. Lead sector credit analyst for IT, telecom, transport, construction & CRE.

• Pioneered green energy project finance deals in a major Russian bank facilitating construction of over 50 solar power plants in Russia. Developed green energy credit risk methodology.

• Developed and led bank-wide collateral valuation process in a major Russian bank. Developed collateral valuation methodology.