Analyst, Private Credit Ratings - Mumbai

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).