Position Overview
Job Title - Associate
Location - Mumbai
Investment Banking & Capital Markets (IB&CM) aims to build long-term, trusted and mutually beneficial relationships with the major corporates, financial institutions, financial sponsors, governments and sovereigns around the world. It provides the most appropriate products across advisory, capital markets, mergers & acquisitions (M&A), risk management and transaction banking to both the C-Suite and Treasurer.
Position Description
The Ratings Advisory Group (RAG) is a team of professionals with global resources within IB&CM which provides ratings and capital structuring advice for clients and bankers throughout the firm on a global basis. The group spends considerable time marketing services to both investment-grade and non-investment grade clients and assisting internal banking teams (including Debt & Equity capital markets, Leveraged Finance, Financial Sponsors, etc.) with significant value-added advice to clients (e.g. for M&A, Recapitalizations) in order to provide optimal ratings-based solutions to their needs. Primary activity includes performing detailed credit analysis with a view to assign indicative credit ratings to be included in pitches to management, advising senior management on strategy and tactics and preparing management teams for presentations to the rating agencies. The work also involves advising management on the likely impact on ratings, following any corporate actions.
What We’ll Offer You
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Role Responsibilities
RAG is looking for front-line positions which will involve full disclosure of client information and full integration with the EMEA ratings team. Candidates will have the opportunity to work with the EMEA team on rating indications, financial models, rating agency presentations and pitches to clients. Candidates will analyze financial models in order to form a rating opinion and perform analysis that will assist the team in providing debt capacity levels to clients and bankers for a variety of rating outcomes.Candidates will also need to create and review formal Word and PowerPoint presentations, create financial models and review company materials, research, etc. to understand clients’ business position relative to comparables.Responsibilities will include:
- Responding to queries for the team which could include: indicative ratings opinions based upon clients" qualitative strengths (i.e. business position and franchise) and financial metrics;
- Responding to request for proposals (RfPs) and drafting pitches for new business
- Execution of ratings mandate
- Sharing opinion of level of debt capacity for clients at certain rating parameters
- Giving a summary view on the ratings (and notching) impact from certain capital structure alternatives
- Analyzing the impact on existing ratings of strategic decisions (e.g. M&A, Recapitalizations, etc.)
- Comparable analysis with relevant peers
The position will also entail modeling work with primary emphasis on analyzing and making judgments on existing models provided by banking groups throughout Deutsche Bank.
Qualifications / Skills
An ideal candidate with qualification (in finance, accounting or economics and / or in a quantitative field) with experience in financial markets is a must. You should have a good understanding of general credit and corporate finance theory, with strong presentation and modeling skills. You should be organized and responsible to deal with a large work flow and meet deadlines. Proficiency in Microsoft Office (MS Word, MS Excel and MS PowerPoint) is a must.You demonstrate commitment & motivation for self development and growth with a desire to work in a fast paced, challenging environment. If your list of assets includes excellent communication and presentation skills, creativity and marketing, this is an outstanding opportunity to enjoy the rewards of working with a world-leading business committed to supporting both your professional development and your work-life balance.
How We’ll Support You
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
About Us And Our Teams
Please visit our company website for further information:https://www.db.com/company/company.htmlWe strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.
