Analyst - Fixed Income Credit Research

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