Opportunity with Aranca- Analyst- Investment Research (FICR)

JOB SPECIFICATION

Position : Analyst (Fixed Income Credit Research)

Location : Mumbai

Department : Investment Research

KEY RESPONSIBILITIES

• Writing credit/equity research recommendation notes on companies / banks / sectors / themes.
• Strong understanding of financial statements related to banks / financial institutions and corporates required. Understanding of CAMELs framework assessment required.
• Screening and Analyzing Bonds for corporates and financials (Investment grade) and Sovereigns. Basic understanding of Yield and Spread movements required.
• Monitoring and updating quarterly earnings results for corporate and banks globally.
• Understanding of Financial databases such as Bloomberg Terminal, CapIQ, and Eikon Reuters (Workspace), Factiva, etc.
• Analyzing sovereign and preparing credit notes based on country risk assessments.
• Creating ratings scoring models (corporate, banks, and country) based on ratings agencies (S&P, Moodys, and Fitch)
• Understanding of macroeconomic developments and indicators and creating daily newsletters.
• Ensuring high scores on customer satisfaction surveys
• Ability to manage multiple clients and work on quick turnaround times
• Review or do quality checks on client deliverables or projects. Train and mentor junior members in the team.

Additional requirements (not necessary but addons)

• Preparing equity valuation models with cash flow forecasting, especially for Banking sector.
• Exposure to GCC and US markets.
• Working experience on screening bonds/loans’ indentures/prospectuses, financial and negative covenants; preparing covenants summaries, etc.
• Hands on experience in high yield, and distressed debt credit
• Technical skills: Power query, VBA macros, regression models, etc.

POSITION REQUIREMENTS

Functional Requirements:

• CA Fresher’s or CFA (min L1 cleared) or 1-2 years of experience
• Strong knowledge of banking sector is mandatory. Knowledge/experience in credit research is desirable including sovereign, banking, and corporate credit analysis.
• Strong Excel and PowerPoint skills
• Should be able to work independent

Soft skills & Behavioral skills:

• Top notch analytical and communication skills
• Self starter and highly motivated.