Job Description

Analyst – FIG 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 Financial Institutions (FIG) 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 in-depth fundamental analysis of Financial Institutions in support of analysts primarily based in North America. 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.
Hybrid model – Partial work from home option where employee work from the Morningstar’s Navi Mumbai offices 2-3 days a week (subject to change as per organizational directive).
Key Responsibilities:

• Develop an understanding of and build proficiency in credit analysis
• Provide support to onshore analytical teams in monitoring news, announcements, or other material events impacting financial institutions (banks, NBFIs, etc.)
• Assist in preparing financial models, including, but not limited to, updating financial information, reconciling data, maintain company and peer group historical financial results and credit metrics, etc.
• Maintain industry data through ongoing research/ review of company filings, presentations, and industry publications
• Provide research support and help collect, organize, and analyze data from internal and external sources for use in company-specific and industry commentaries and reports authored by the onshore analytical team
• Reviewing and summarizing credit documents, legal documentation, etc.
• Assist the onshore analytical teams or senior analysts in preparing credit rating memos, rationales, etc. or parts thereof
• Track, review and maintain documentation and various operational databases to help support the credit rating process
• Ensure compliance with regulatory and company policies and procedures

Requirements:

• Master’s degree in Accounting, Economics, Finance or Management Studies; or professional qualifications like Chartered Accountant or Cost & Management Accountant or equivalent qualifications
• CFA or CFA program enrollment are a plus (or equivalent programs like FRM, etc.)
• Minimum of 1-2 years of relevant experience in capital markets, credit analysis for banks and/or financial institutions, etc.
• Fluent in English, with good verbal and written communication skills
• Good understanding of core finance and accounting concepts
• Knowledge of U.S. GAAP and/ or IFRS accounting rules is strongly desired
• Strong attention to detail and accuracy
• 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

DBRS Morningstar is an equal opportunity employer.
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.