Job Title: Analyst – Credit Estimates Team
The Team: DBRS Morningstar – Credit Operations Mumbai Analytics
The Group:
DBRS Morningstar (DBRSM) 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. DBRS Morningstar is committed to empowering investor success, serving the market through leading-edge technology, and raising the bar for the industry. DBRS Morningstar is a market leader in Canada, the U.S. and Europe in multiple asset classes. DBRS Morningstar rates more than 4,000 issuers and 56,000 securities worldwide, and is driven to bring more clarity, diversity, and responsiveness to the ratings process.
Visit https://www.dbrsmorningstar.com/learn/dbrsmorningstar 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 DBRSM global stakeholders to build creative, impactful solutions and offer services for the business and the market.
The Role:
DBRS Morningstar’s Credit Estimates 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 fundamental analysis of corporate borrowers across multiple industries in support of analysts primarily based in North America and 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.
Review credit documents, legal documentation, company presentation, credit memos, etc. to understand company structure, and/ or transaction being undertaken.
Apply financial and accounting principles to determine inputs for proprietary financial analysis tools and review the appropriateness of the results.
Carry out an assessment of a company’s business as well as analyze corporate financial statements to develop, propose, and defend Credit Estimates as a Corporate Analyst for middle-market companies across various industries and jurisdictions.
Participate in analytical discussions with onshore analytical teams or senior analysts.
Track, review and maintain various operational databases to help support the credit rating process.
Provide research support and help collect, organize, and analyze data from internal and external sources for use in company-specific and others reports authored by the onshore analytical team
Ensure compliance with regulatory and company policies and procedures.
Requirements:
Postgraduate in Management (Finance) or CA or CFA charter holder or 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 strong verbal and written communication skills
Ability to work and deliver on time sensitive assignments with a daily turnaround.
Highly motivated, self-starter who is keen to learn, has a positive attitude and a strong work ethic.
Good inter-personal skills and ability to participate/ contribute as a team player.
DBRS Morningstar is an equal opportunity employer.
Hybrid model – Partial work from home option where employee will work from the Morningstar’s Navi Mumbai offices 3 days a week (subject to change as per organizational directive)
About Us
DBRS Morningstar is a global credit ratings business, currently with 700 employees in eight offices globally. Formed through the July 2019 acquisition of DBRS by Morningstar, Inc., the ratings business is the fourth-largest provider of credit ratings in the world.
DBRS Morningstar is committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry. DBRS Morningstar is a market leader in Canada, the U.S. and Europe in multiple asset classes.
DBRS Morningstar rates more than 2,600 issuers and 54,000 securities worldwide and is driven to bringing more clarity, diversity of opinion, and responsiveness to the ratings process. DBRS Morningstar’s approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources.
If you received 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 work remotely and collaborate in-person each week. While some positions are available as fully remote, we’ve found that we’re at our best when we’re purposely together on a regular basis, typically three days 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.