Job Profile
JOB SPECIFICATION
Position : Analyst (Fixed Income Credit Research)
Location : Mumbai
Department: Investment Research
KEY RESPONSIBILITIES
- Writing credit/equity research recommendation notes on companies / banks / sectors / themes.
- Strong understanding of financial statements related to banks / financial institutions and corporates required. Understanding of CAMELs framework assessment required.
- Screening and Analysing Bonds for corporates and financials (Investment grade) and Sovereigns. Basic understanding of Yield and Spread movements required.
- Monitoring and updating quarterly earnings results for corporate and banks globally.
- Understanding of Financial databases such as Bloomberg Terminal, CapIQ, and Eikon Reuters (Workspace), Factiva, etc.
- Analyzing sovereign and preparing credit notes based on country risk assessments.
- Creating ratings scoring models (corporate, banks, and country) based on ratings agencies (S&P, Moody’s, and Fitch)
- Understanding of macroeconomic developments and indicators and creating daily newsletters.
- Ensuring high scores on customer satisfaction surveys
- Ability to manage multiple clients and work on quick turnaround times
- Review or do quality checks on client deliverables or projects. Train and mentor junior members in the team.
- Preparing equity valuation models with cash flow forecasting, especially for Banking sector.
- Exposure to GCC and US markets.
- Working experience on screening bonds/loans’ indentures/prospectuses, financial and negative covenants; preparing covenants summaries, etc.
- Hands on experience in high yield, and distressed debt credit
- Technical skills: Power query, VBA macros, regression models, etc.
POSITION REQUIREMENTS
Functional Requirements:
- CA Fresher’s or CFA (min L1 cleared) or 1-2 years of experience
- Strong knowledge of banking sector is mandatory. Knowledge/experience in credit research is desirable including sovereign, banking, and corporate credit analysis.
- Strong Excel and PowerPoint skills