Junior Analyst, Structured Finance

Structured Finance Junior Analyst (Mumbai)

About Us: Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. 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.

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 bringing more clarity, diversity of opinion, and responsiveness to the ratings process. Morningstar DBRS approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources.

Visit: https://dbrs.morningstar.com/ to learn more.

About the Role: As a Junior Analyst, you will assist onshore team with uploading & downloading documents, extracting data from reports, document retention, regulatory reporting and quality control checks; assist with special projects/initiatives, as needed. With some seasoning, you also will be expected to have thorough understanding towards functioning of Structured Finance transactions along with comprehension of primary deal documents & trustee reports. This position is based in out of Navi Mumbai.

Responsibilities:

• Analyze the credit risk in Structured Finance securities by performing tasks that includes reviewing deal documents, analyzing periodic data and setting up templates.

• Assist the onshore team with document retention, regulatory reporting and quality control

• Extracting data from trustee reports in a pre-defined format & getting accustomed to SF related terminologies

• Own ancillary tasks including administrative and streamlining of the ratings workflow

• Have a mindset to bring about process efficiencies and ideate automations

• Organize and study data from internal and external sources for use in criteria development, ratings and research reports.

• Take ownership of the tasks with focus on quality and accuracy of the deliverables

• Ensure compliance with regulatory and company policies and procedures

• Interaction with onshore stakeholders on timely basis & understanding their requirements.

Requirements:

• 1-2 years of Structured Finance experience, experience at a rating agency is a plus

• Master’s degree in Accounting, Economics, Finance or Management Studies, CFA or FRM preferred         

• Expertise on Microsoft Excel, Visual Basic for Applications (VBA) and MSSQL. 

• Excellent writing, communication, and quantitative/analytical skills. 

• Creative thinker who is adept at taking an analytical approach to problem solving. 

• Experience with Loan Performance, Intex, and Bloomberg is a plus. 

• Fluent in English, with good verbal and written communication skills

• Strong attention to detail and accuracy

• 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

Morningstar DBRS is an equal opportunity employer.

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.