Senior Research Analyst/ Research Analyst

Crisil; Mumbai; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Crisil is seeking a finance professional to perform valuations of Indian debt instruments, including corporate bonds and government securities, and to construct robust yield curves across issuers and sectors. You will source pricing data through daily market polls and prepare valuation models using Excel and VBA.

The role requires strong analytical skills, market connectivity with funds, banks and brokers, and the ability to communicate complex insights clearly to senior management.

Qualifications

• Sound understanding of fixed income instruments and markets.
• Ability to analyse pricing data and construct valuation models.
• Proficiency with MS Excel/VBA for data work and reporting.

Responsibilities

• Valuate Indian debt instruments including corporate bonds and government securities.
• Construct and review yield curves across issuers, sectors and ratings.
• Poll market participants daily to source pricing information.
• Prepare valuation models and ad-hoc analytical reports for management.
• Develop, test and maintain in-house valuation applications.

Skills

Fixed income knowledge

Analytical mindset

Strong communication

MS Office & VBA

Tools

MS Office

VBA

Job description

Functional Responsibility/ Domain Related:

• Valuations of various Indian debt instruments including corporate bonds, money market instruments, government securities, state development loans, Treasury bills etc.
• Construction and review of yield curve across issuers, sectors and rating categories.
• Establishing a strong network for polling across market participants – mutual funds, insurance companies, banks, primary dealers, brokers, arrangers and other active investor/ traders segments
• Polling with various debt market participants on a daily basis for sourcing required pricing information.
• Sourcing and analyzing trades/pricing data received from various market sources (exchanges, asset managers etc.) for the purpose of valuations.
• Preparation of valuation models using excel/VBA.
• Preparation of ad-hoc analytical report for the purpose of senior management and/or for external agencies.
• Preparation and maintenance of documentation related to valuations
• Assistance in development, testing, maintenance of various in-house applications
• Fixed income dealing experience in CP, CD and corporate bonds in Indian debt markets
• Strong connect with market participants including fund managers, arrangers, PDs, issuers, brokers etc
• Analytical inclination and fixed income fundamentals knowledge.
• Strong oral, written and presentation skills
• Fixed income market understanding
• Working knowledge of MS office products and VBA