Structured Finance Research 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 member of the Global Structured Finance Research team, you will conduct thorough quantitative and qualitative research on various sectors, markets which involve Asset or Mortgage Backed Securities transactions. In addition, you will assist the onshore team with working on the ongoing publication and reports; assist with special projects/initiatives, as needed. You will need to come up ideas for thematic research and new research publication. With seasoning, you will be expected to have thorough understanding of the asset class and sectors. This position is based in our Navi Mumbai office.
Responsibilities
- Ideate, create, write and maintain various structured finance industry publications and reports for both US, Canada and European Structured Finance regions.
- Collect, organize and analyze data from internal and external sources for use in criteria development, ratings and research reports.
- Work on regular/ ongoing research publications-monthly, quarterly, event based research and updates, conference, flash notes etc. related to the structured finance Industry.
- Contribute meaningful research ideas for thematic and ongoing publications related to structured finance namely RMBS, CMBS, ABS, structured credit.
- Carry out sector analysis and help onshore analyst in coming up with various themes/ ideas.
- Keep track of latest developments/trends in the Structured Finance markets and collect, organize, analyze data from internal and external sources incorporate them in writing various publications.
- Assist with data aggregation and ad-hoc requests.
- Deepen research skills to generate differentiated ideas and ability to communicate ideas, articulate thoughts and write opinions along with team of global analysts.
- Identifying trends by qualitative and quantitative factors
- Identifying macro and micro risk factors for a particular market and sector.
- Take ownership of the tasks with focus on quality and accuracy of deliverables
- Demonstrate strong learning curve and eagerness to take more responsibilities with an analytical mindset.
- Ensure compliance with regulatory and company policies and procedures.
Requirements
- 3 to 5 years of experience in a credit research domain, with Structured Finance knowledge, experience at a rating agency is a plus.
- Bachelor's degree in Accounting, Economics, Finance or Management Studies
- Masters, CFA or CFA program enrollment are 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
- 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
- Experience with Intex, REIS and CBRE is a plus
Morningstar 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 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.
