Analyst, Private Credit Ratings - Mumbai

Morningstar; Mumbai; Hybrid; INR 1,500,000 - 2,500,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Morningstar DBRS Mumbai Analytics is seeking a motivated analyst to learn credit analysis and support the corporate ratings process. The role is based in Navi Mumbai and involves providing data, research, and financial modelling to assist analysts in North America and Europe.

You will work with global teams, update financial information, reconcile data, and maintain industry data from filings and publications.

Qualifications

• Master’s in Finance, CA, or CFA Level 3 or equivalent.
• 2–3 years in capital markets or corporate credit analysis.
• Experience with high-yield or leveraged loan issuers.
• Knowledge of GAAP/IFRS accounting principles.
• Strong quantitative and analytical abilities with attention to detail.
• Fluent English with strong written and spoken communication.
• Ability to multitask and work in a global team.

Responsibilities

• Develop understanding of credit analysis and rating processes.
• Support global analytical teams with news and events affecting credits.
• Assist in preparing financial models and updating data.
• Maintain industry data from filings, presentations and publications.
• Collect and analyze data for company- and industry-focused reports.
• Review credit and legal documentation and summaries.
• Assist in preparing credit rating memos and rationales.
• Track and maintain documentation and databases for credit process.
• Ensure compliance with regulatory and company policies.

Skills

Credit analysis

Finance concepts

GAAP/IFRS knowledge

Quantitative skills

Attention to detail

English fluency

Multitasking

Team player

Education

Master’s in Finance / CA / CFA Level 3

Tools

Financial modelling

Job description

The Team: Morningstar DBRS – Credit Operations Mumbai Analytics

The Group: Morningstar DBRS (MDBRS) 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. Morningstar DBRS is committed to empowering investor success, serving the market through leading-edge technology, and raising the bar for the industry. Morningstar DBRS is a market leader in Canada, the U.S. and Europe in multiple asset classes. Morningstar DBRS rates more than 4,000 issuers and 60,000 securities worldwide, and is driven to bring more clarity, diversity, and responsiveness to the ratings process. Visit: https://dbrs.morningstar.com/about to learn more.

Credit 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 MDBRS global stakeholders to build creative, impactful solutions and offer services for the business and the market.

The Role: Morningstar DBRS’s Corporate team 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 including in-depth fundamental analysis of high-yield Corporate borrowers across multiple industries 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.

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 corporate credits


• Assist 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.


• Maintain industry data through ongoing research/ review of company filings, presentations, and industry publications


• Provide 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 global analytical team


• Review and summarize credit & legal documentation, etc.


• Assist the global analytical teams or senior analysts in preparing credit rating memos, rationales, etc. or parts thereof


• Track, review and maintain documentation and various operational databases to help support the credit rating process


• Ensure compliance with regulatory and company policies and procedures

Requirements

• Master’s or Postgraduate in Management (Finance) or CA or CFA Level 3 or any such equivalent qualification


• Minimum of 2-3 years of relevant experience in capital markets, corporate credit analysis, analyzing credit risk of high yield or leveraged loan issuers, etc. or experience in 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 is strongly desired


• Robust quantitative and analytical skills supported by strong attention to detail and accuracy


• Fluent in English, with good verbal and written communication skills


• Highly motivated, self-starter who is keen to learn, has a positive attitude and a strong work ethic


• Ability to manage multiple tasks at the same time and deliver results in a timely manner


• Good inter-personal skills and ability to participate/ contribute as a team player

Morningstar DBRS is an equal opportunity employer.

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

About Us

Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world.

Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Our approach and size allow us to be nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service.

Morningstar DBRS is the next generation of credit ratings.

If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.

Benefits

• A range of other benefits are also available to enhance flexibility as needs change.


• No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week.

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