Analyst

nJob Description

nAnalyst FIG team

nThe Team: Morningstar DBRS Credit Operations Mumbai Analytics

nThe Group:

nMorningstar DBRS (DBRSM) is a global credit ratings business with about 800 employees in eight offices globally. Formed through the acquisition of DBRS by Morningstar, Inc., the credit ratings business is the fourth-largest provider of credit ratings in the world. DBRS Morningstar is committed to empowering investor success, serving the market through leading-edge technology, and raising the bar for the industry. DBRS Morningstar is a market leader in Canada, the U.S. and Europe in multiple asset classes. DBRS Morningstar rates more than 4,000 issuers and 56,000 securities worldwide, and is driven to bring more clarity, diversity, and responsiveness to the ratings process. Visit https://www.dbrsmorningstar.com/learn/dbrsmorningstar to learn more.

nCredit Operations Mumbai Analytics team enables and supports the efficient and effective delivery of credit ratings/information to the market with its specialized skills and assets, consistent frameworks, and economies of scale. We collaborate with DBRSM global stakeholders to build creative, impactful solutions and offer services for the business and the market.

nThe Role:

nMorningstar DBRSs Financial Institutions Group (FIG) is looking for a motivated individual with good analytical skills and a desire to learn. This role will provide unique opportunities for learning key aspects of the credit ratings process of Financial Institutions in support of analysts based in North America & Europe. You will be responsible for providing data, research and financial modeling support utilized to produce company and sector specific credit reports that incorporate creative insights and support activities across the ratings value chain. This position is based in our Navi Mumbai office.

nKey Responsibilities:

• nDevelop an understanding of and build proficiency in credit analysis
• nProvide support to global analytical teams in preparing daily/ weekly newsletters, monitoring news, announcements, or other material events impacting financial institutions/ banks
• nAssist in preparing financial models, including, but not limited to, updating financial information, reconciling data, maintain company and peer group historical financial results and credit metrics, etc.
• nMaintain industry data through ongoing research/ review of company filings, presentations, and industry publications
• nProvide research support and help collect, organize, and analyze data from internal and external sources for use in company-specific and industry commentaries and reports authored by the onshore analytical team
• nAssist the global analytical teams or senior analysts in preparing credit rating memos, rating committee packages, rationales, etc. or parts thereof
• nTrack, review and maintain documentation and various operational databases to help support the credit rating process
• nEnsure compliance with regulatory and company policies and procedures

nRequirements:

• nMasters or Postgraduate in Management (Finance) or CA or CFA charter holder or any such equivalent qualification
• nMinimum of 2-3 years of relevant experience in capital markets, credit analysis of financial institutions and/ or banks, etc.
• nGood understanding of core finance and accounting concepts
• nKnowledge of U.S. GAAP and/ or IFRS accounting rules is strongly desired
• nRobust quantitative and analytical skills supported by strong attention to detail and accuracy
• nFluent in English, with good verbal and written communication skills
• nStrong attention to detail and accuracy
• nHighly motivated, self-starter who is keen to learn, has a positive attitude and a strong work ethic
• nAbility to manage multiple tasks at the same time and deliver results in a timely manner
• nGood inter-personal skills and ability to participate/ contribute as a team player

nMorningstar DBRS is an equal opportunity employer.

nHybrid model partial work from home option where employee will from Morningstars Navi Mumbai offices 3 days a week (subject to change as per organizational directive).