Junior Analyst, FIG Mumbai

Junior Analyst, FIG Mumbai

Job Title: Junior Analyst, FIG - 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 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 a strong understanding of bank and non-bank financial institutions

·       Perform financial statement analysis

·       Build proficiency in credit analysis

·       Maintain industry data through ongoing research

·       Ensure compliance with regulatory and company policies and procedures

·       Input data and assist with database management

·       Track key economic indicators and various asset performance indices

·       Research for industry/asset class commentaries and reports authored by the FIG team

 

Requirements:

A bachelor’s degree is required, preferably with a focus on accounting or finance.

·       Masters, CFA or CFA program enrollment are a plus

·       Minimum 1-2 years of related work experience, Bank and/or non-bank financial institutions analysis experience is preferred.

·       Knowledge of U.S. GAAP accounting rules is strongly desired.

·       Strong attention to detail and accuracy.

·       The ability to manage multiple tasks at the same time and deliver results in a timely manner.

·       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

 

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).

About Us

Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world.

Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Our approach and size allow us to be nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service.

Morningstar DBRS is the next generation of credit ratings.

If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office 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.

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Experience Level

Entry Level