Job Description
Job Description
Analyst - FIG team
The Team: Morningstar DBRS - Credit Operations Mumbai Analytics
The Group:
Morningstar 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.
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 DBRSM global stakeholders to build creative, impactful solutions and offer services for the business and the market.
The Role:
Morningstar DBRS's 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.
Key Responsibilities:
- Develop an understanding of and build proficiency in credit analysis
- Provide support to global analytical teams in preparing daily/ weekly newsletters, monitoring news, announcements, or other material events impacting financial institutions/ banks
- 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 onshore analytical team
- Assist the global analytical teams or senior analysts in preparing credit rating memos, rating committee packages, 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 charter holder or any such equivalent qualification
- Minimum of 2-3 years of relevant experience in capital markets, credit analysis of financial institutions and/ or banks, etc.
- 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
- Strong attention to detail and accuracy
- 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 3 days a week (subject to change as per organizational directive).
Morningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We've found that we're at our best when we're purposely together on a regular basis, at least three days each week. 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.
