Credit Research Analyst- Fixed Income- Financial Services (financial modelling), Mumbai

Job Description:

POSITION: Sr Manager and Credit Analyst – Fixed Income

Reports to (Position): Head – Fixed Income

Position Purpose: The credit research team, supports multiple funds within the fixed income group, tracks the credit worthiness of approx. 100 - 150 Indian corporate bond issuers to identify opportunities to invest with
the objective of (a) steady state return and (b) significantly high returns to be backed by potential credit upgrades, (c) superior risk-adjusted returns. The credit analyst will support the Fixed Income Investment team in this role.

Principal Accountabilities:

• Responsible for carrying out in-depth credit assessment of a financial company for domestic debt investments and also for onshore as well as offshore credit advisory mandates. Specifically, candidate will have a prime responsibility of covering credits in financial sector in terms of assessing the credit strengths / weaknesses / sensitivities and highlighting the same to the fixed income team in a timely manner. This role will require preparing a detailed credit assessment report while initiating a credit coverage on any new company and followed by regular credit updates.
• Tracking existing names in the portfolio – To track key/ significant/ critical developments for each of the existing approved issuers through published information, market intelligence and corporate relationships and advise fund managers accordingly leading to buy, hold or sell decisions. To maintain and update internal credit model to reflect the latest financial data and qualitative factors. Improve the robustness of the credit assessment process and build on the process for credit identification under changing credit conditions across business cycles through market intelligence, global outreach , corporate relationships & process refinement.
• Financial Sector analysis – To carry out analysis for financial sector from the portfolio as well as identify new issuers. Interact with financial sector issuers and other market intermediaries so as to acquire meaningful information for final investment decisions.
• Interact with corporate issuers and other market intermediaries so as to acquire meaningful information for final investment decisions. Credit analyst will also be responsible for identifying trade ideas on the basis of Relative Value analysis on risk-reward framework.
• Working closely with the FMs to understand the market movements across rates, credit and currency domestically and offshore and decrypt the movements for internal & external communication. Link up with the global fixed income team to import global best practices.
• Fund managers from other international offices invest into India market and need on-the-ground intelligence about corporate performance of the current and future issuers of bonds. Support global teams with requested information. Prepare responses for the same under direction from the Fund Manager. Work closely with the India CPM and equip partners and colleagues with necessary knowledge and insights required to amplify the sale of India products.

Knowledge, Skills, Competencies

• MBA from a premier institute
• Excellent interpersonal skills, communication & presentation skills
• Strong grasp of investment concepts and Debt market products.
• Excellent knowledge of MS Word, Excel and PowerPoint.
• Outstanding analytics skills

Competencies

• Excellent Communication
• Collaboration & networking
• enthusiastic & passionate about work
• ability to handle timeline pressures
• result oriented

Attributes

• A positive and go getter attitude & strong teammate.
• Display entrepreneurial drive, passion and enthusiasm.
• Customer oriented attitude

Preferred Industry Experience

Preferably in a premier credit rating agency / mutual funds / banks with work experience in covering companies in financial sector. Additional experience of covering Corporate sector will be an added
advantage. Relevant 3 – 5 years’ experience in credit research covering India markets and knowledge of Indian Financial sector issuers.