Analyst

Morningstar Credit Ratings, LLC; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Hybrid work model

Navi Mumbai office

Job summary

Morningstar DBRS in Navi Mumbai is seeking a motivated analyst to learn the credit ratings process with a focus on REITs and capital markets, supporting global teams.

You will build financial models, monitor market events, review filings, and help prepare rating memos while ensuring compliance with regulatory and company policies.

Qualifications

• Master’s in Finance or CA/CFA Level 3 or equivalent.
• 2–3 years of relevant experience in capital markets, real estate sector/REITs, corporate credit analysis, or auditing corporate financial statements.
• Strong understanding of core finance and accounting concepts.
• Knowledge of U.S. GAAP and/or IFRS accounting rules is strongly desired.
• Fluent in English with good verbal and written communication, self-motivated and team-oriented.

Responsibilities

• Develop an understanding of and build proficiency in credit analysis.
• Support global analytical teams in monitoring news, announcements, or other material events impacting REITs.
• Assist in preparing financial models and updating financial information.
• Maintain industry data through ongoing research and review of filings, presentations, and industry publications.
• Provide research support, collect, organize and analyze data for reports.
• Review and summarize credit & legal documentation.
• Assist in preparing credit rating memos and rationales.
• Track and maintain documentation and databases for the rating process.
• Ensure compliance with regulatory and company policies.

Skills

Quantitative & analytical

English communication

Team player

Self-motivated

Education

Master’s in Finance / MBA

CA(CFA Level 3)

Equivalent qualification

Job description

Overview

Morningstar DBRS’s Corporate team is looking for a motivated individual with good analytical skills and a desire to learn. This role offers an opportunity to learn key aspects of the credit ratings process including in-depth fundamental analysis of REITs, supporting analysts based in North America. The position is based in our Navi Mumbai office.

Key Responsibilities

• Develop an understanding of and build proficiency in credit analysis.
• Provide support to global analytical teams in monitoring news, announcements, or other material events impacting REITS.
• Assist in preparing financial models, including updating financial information, reconciling data, maintaining company and peer group historical financial results and credit metrics.
• Maintain industry data through ongoing research and review of company filings, presentations, and industry publications.
• Provide research support, collect, organize and analyze data from internal and external sources for company-specific and industry commentaries and reports.
• Review and summarize credit & legal documentation.
• Assist the global analytical teams or senior analysts in preparing credit rating memos, rationales, etc.
• Track, review and maintain documentation and operational databases to support the credit rating process.
• Ensure compliance with regulatory and company policies and procedures.

Qualifications

• Master’s or Postgraduate in Management (Finance) or CA or CFA Level 3 or equivalently qualified.
• Minimum of 2–3 years of relevant experience in capital markets, real estate sector/REITs, corporate credit analysis, credit risk of high‑yield or leveraged loan issuers, or auditing corporate financial statements at a nationally recognized accounting firm with CPA license.
• Good understanding of core finance and accounting concepts.
• Knowledge of U.S. GAAP and/or IFRS accounting rules strongly desired.
• Robust quantitative and analytical skills with strong attention to detail and accuracy.
• Fluent in English with good verbal and written communication skills.
• Self‑starter, highly motivated, positive attitude, and strong work ethic.
• Ability to manage multiple tasks simultaneously and deliver results timely.
• Good interpersonal skills and ability to contribute as a team player.

Benefits & Work Model

Hybrid model – partial work from home option where employee will work from Morningstar’s Navi Mumbai offices 4 days a week (subject to change as per organizational directive).

Equal Opportunity Employer

Morningstar DBRS is an equal‑opportunity employer. Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.