Job Description

Analyst - Credit Estimates TeamThe Team: Morningstar DBRS - Credit Operations Mumbai AnalyticsThe 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 56,000 securities worldwide, and is driven to bring more clarity, diversity, and responsiveness to the ratings process. Visit 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 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 in-depth fundamental analysis of Corporate borrowers across multiple industries 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.Key Responsibilities:Develop an understanding of and build proficiency in credit analysisReview credit documents, legal documentation, company presentation, credit memos, etc. to understand company structure, and/ or transaction being undertakenApply financial and accounting principles to determine inputs for proprietary financial analysis tools and review the appropriateness of the resultsCarry out an assessment of a companys 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 jurisdictionsParticipate in analytical discussions with onshore analytical teams or senior analystsTrack, review and maintain various operational databases to help support the credit rating processProvide 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 teamEnsure compliance with regulatory and company policies and proceduresRequirements:Postgraduate in Management (Finance) or CA or CFA charter holder or such equivalent qualificationMinimum 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 licenseGood understanding of core finance and accounting conceptsKnowledge of U.S. GAAP and/ or IFRS accounting rules is strongly desiredRobust quantitative and analytical skills supported by strong attention to detail and accuracyFluent in English, with strong verbal and written communication skillsAbility to work and deliver on time sensitive assignments with a daily turnaroundHighly motivated, self-starter who is keen to learn, has a positive attitude and a strong work ethicGood inter-personal skills and ability to participate/ contribute as a team playerMorningstar DBRS is an equal opportunity employer.Hybrid model - Partial work from home option where employee will work from the Morningstars Navi Mumbai offices 3 days a week (subject to change as per organizational directive)About UsMorningstar 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 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.Morningstars hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, weve found that were at our best when were 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, youll have tools and resources to engage meaningfully with your global colleagues.

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