Analyst – Fixed Income Credit Research

Aranca; Mumbai; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Aranca is seeking an Analyst (Fixed Income Credit Research) to join the Investment Research team in Mumbai. You will write credit and equity research notes on banks, corporates, and sectors, with a strong focus on banking fundamentals and CAMELs framework assessments.

The role requires familiarity with financial statement analysis, macro indicators, and research databases like Bloomberg, CapIQ, and Eikon Reuters.

Qualifications

• Strong knowledge of banking sector mandatory.
• Experience in credit research desirable (sovereign, corporate, banking).
• Proficiency in Excel and PowerPoint required.

Responsibilities

• Write credit/equity research notes on banks, corporates, sectors, and themes.
• Monitor quarterly earnings for corporates/banks; update insights.
• Create ratings scoring models per agencies (S&P, Moody’s, Fitch).
• Analyze macro developments and prepare country risk notes and daily newsletters.
• Mentor junior team members and review client deliverables.

Skills

Banking sector knowledge

Excel and PowerPoint

Credit research

Education

CFA Level I

CA Fresher

Tools

Bloomberg Terminal

CapIQ

Eikon Reuters

Factiva

Job description

Position : Analyst (Fixed Income Credit Research)

Department: Investment Research

KEY RESPONSIBILITIES

• Writing credit/equity research recommendation notes on companies / banks / sectors / themes.
• Strong understanding of financial statements related to banks / financial institutions and corporates required. Understanding of CAMELs framework assessment required.
• Screening and Analysing Bonds for corporates and financials (Investment grade) and Sovereigns. Basic understanding of Yield and Spread movements required.
• Monitoring and updating quarterly earnings results for corporate and banks globally.
• Understanding of Financial databases such as Bloomberg Terminal, CapIQ, and Eikon Reuters (Workspace), Factiva, etc.
• Analyzing sovereign and preparing credit notes based on country risk assessments.
• Creating ratings scoring models (corporate, banks, and country) based on ratings agencies (S&P, Moody’s, and Fitch)
• Understanding of macroeconomic developments and indicators and creating daily newsletters.
• Ensuring high scores on customer satisfaction surveys
• Ability to manage multiple clients and work on quick turnaround times
• Review or do quality checks on client deliverables or projects. Train and mentor junior members in the team.
• Preparing equity valuation models with cash flow forecasting, especially for Banking sector.
• Exposure to GCC and US markets.
• Working experience on screening bonds/loans’ indentures/prospectuses, financial and negative covenants; preparing covenants summaries, etc.
• Hands on experience in high yield, and distressed debt credit

POSITION REQUIREMENTS

Functional Requirements:

• CA Fresher’s or CFA (min L1 cleared) or 1-2 years of experience
• Strong knowledge of banking sector is mandatory. Knowledge/experience in credit research is desirable including sovereign, banking, and corporate credit analysis.
• Strong Excel and PowerPoint skills

About Company

Founded in 2003, Aranca is a global research and advisory firm empowering decision makers from Fortune 500 companies, financial institutions, Private Equity and high potential start-ups with intelligence and insights to make better business decisions.

We enable this by bringing to play the right mix of the best data, the best methodologies, and the best talent to deliver value to our clients.