Senior Analyst, Private Credit Ratings

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 mastering key aspects of the credit ratings process including in-depth fundamental analysis of 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:

         Provide research and financial modeling support for corporate borrowers across multiple industries for MDBRS products across the ratings value chain

         Reviewing and summarizing credit documents, legal documentation, etc.

         Provide research support and help collect, organize, and analyze data from internal and external sources for use in peer comparisons, company-specific and industry analysis or commentaries and reports authored by the global analytical team

         Monitoring news, announcements, or other material events and analyzing/ articulating their impact on specific credits and/ or industry

         Assisting the analytical teams (in North America & Europe) in preparing credit rating memos, drafting rationales, or parts thereof for rating new issuances and/ or carrying out surveillance of existing credits 

         Provide guidance to the analyst/ junior members of the team and help review their work to maintain top notch quality at agreed timelines

         Prepare and deliver trainings and mentor members of the team

         Help look for opportunities to streamline various activities through various means including process manuals, FAQ documents, automation, etc.

         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 4-6 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 domain understanding of global corporate credit analysis

         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

         Excellent report writing/ written and verbal communication skills

         Ability to communicate analytical thoughts in a crisp, concise, and precise manner

         Creative thinker who is adept at taking an analytic approach to problem solving

         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).