Looking for a job

Rachit Mehta

@rachitmehta

Message

Power sector ratings head at ICRA Limited, managing ratings for 150+ companies and leading reports on renewable energy.

India

Message

What I'm looking for

I’m targeting a challenging role where I can apply my experience in strategy management, risk analysis, project implementation, and credit rating, contributing strategic insights and financial acumen.

At ICRA Limited, I manage credit rating assignments for more than 150 power sector companies and lead a team of five analysts. I also author industry and thematic reports on renewable energy and respond to media queries.

At Reliance Retail Limited, I spearheaded the COO’s strategy team and oversaw the launch of Blushlace, a new women’s lingerie and beauty store format. I led the successful launch of more than 200 stores within one year, including store-level P&L projections and IRR calculations.

Earlier at ICRA Limited, I worked on corporate and structured finance ratings, including securitization and covered bond transactions, and authored the CDO rating methodology. I began my career as a Research Analyst at Deloitte Support Services India Private Limited and as an Assistant Systems Engineer at Tata Consultancy Services Limited.

Experience

Work history, roles, and key accomplishments

Current

Vice President & Sector Head

Current

ICRA Limited

Jul 2024 - Present (2 years 3 months)

Executing credit rating assignments for capital market issuances and bank credit limits for 150+ power sector companies. Managing major groups in the power sector and leading a team of 5 analysts.

Credit Ratings Financial Modeling Cash Flow Forecasting Data Analysis Risk Analysis Stakeholder Management Team Leadership Renewable Energy

Deputy General Manager, Lead: Strategy Management

Reliance Retail Limited

Feb 2022 - Jul 2024 (2 years 5 months)

Spearheaded the COO's strategy team to deliver insights and drive profitable business growth. Led the successful launch of 200+ Blushlace stores within a year, securing capex approval and managing end-to-end store operations.

Strategy Management P&L management Store Launch Financial Analysis Stakeholder Coordination Project Management Business Development

Sector Head, Structured Finance Ratings

ICRA Limited

Jan 2020 - Feb 2022 (2 years 1 month)

Executed credit rating assignments for ABS, MBS, CDO, and covered bonds transactions in the Indian market. Authored the rating methodology for CDO transactions and led a team of 3-4 analysts.

Securitizations Credit Ratings Cash Flow Modeling Risk Analysis Team Leadership Report Writing

Assistant Vice President - Large Corporate Ratings

ICRA Limited

Aug 2012 - Dec 2019 (7 years 4 months)

Executed credit rating assignments for capital market issuances and bank credit limits for investment-grade entities across diverse sectors. Managed a diverse portfolio of large listed companies and Indian multinationals.

Credit Ratings Financial Analysis Risk Assessment Due Diligence Financial Projections Team Leadership

Research Analyst

Deloitte Support Services India Private Limited

Jun 2011 - Jul 2012 (1 year 1 month)

Played an integral role in the Deloitte Research team, focusing on research projects within the financial services space in the USA. Gathered financial, industry-specific, market, and business information to support research projects.

Research Data Analysis Financial Analysis Report Writing

Assistant Systems Engineer

Tata Consultancy Services Limited

Jun 2007 - Jun 2009 (2 years)

Worked as a software developer in the financial services industry, specializing in the design and development of a comprehensive payroll management system for a large government undertaking. Managed the end-to-end development process from conceptualization to implementation.

Software Development Payroll Management Client Requirement Analysis Project Delivery

Education

Degrees, certifications, and relevant coursework

Goa Institute of Management

Post Graduate Diploma in Management, Management

2009 - 2011

Activities and societies: Served as a Senior Core Committee Member of SOFIA (Society of Finance); organized SAMRIDDHI 2009, a national conference on social entrepreneurship.

Post Graduate Diploma in Management with a focus on finance and strategy. Achieved 99.94 percentile in Data Interpretation in the aptitude test.

Visvesvaraya National Institute of Technology

Bachelor of Technology, Mechanical Engineering

2003 - 2007

Activities and societies: Organizing member of AXIS (National Level Technical Festival); key role in sponsorship and publicity team; organized AAROHI (Central India's Biggest Cultural Festival).

Bachelor of Technology in Mechanical Engineering. Contributed as an organizing member of AXIS, a national level technical festival, and played a key role in sponsorship and publicity.