Analyst

The Team :

DBRS Morningstar is a global credit ratings business with about 800 employees in eight offices globally. Formed through the acquisition of DBRS by Morningstar, Inc., the credit ratings business is the fourth-largest provider of credit ratings in the world. DBRS Morningstar is committed to empowering investor success, serving the market through leading-edge technology, and raising the bar for the industry. DBRS Morningstar is a market leader in Canada, the U.S. and Europe in multiple asset classes. DBRS Morningstar rates more than 4,000 issuers and 56,000 securities worldwide, and is driven to bring more clarity, diversity, and responsiveness to the ratings process. Visit https : / / www.dbrsmorningstar.com / learn / dbrsmorningstar to learn more.

About the Role :

As a member of the CMBS team, you will conduct thorough quantitative and qualitative research on the underlying loans and properties that collateralize Commercial Mortgage Backed Securities transactions. In addition, you will assist the onshore team with setting up Net Cash flow models; assist with special projects / initiatives, as needed. With some seasoning, you also will be expected to have thorough understanding underwriting and support on various other tasks across the ratings value chain. This position is based in our Navi Mumbai office.

Responsibilities :

• Analyze the credit risk in SF securities by performing tasks that includes reviewing deal documents, analyzing periodic data and setting up net cashflow templates.
• Collect, organize and analyze data from internal and external sources for use in criteria development, ratings and research reports.
• Accurate and timely retrieval, analysis, research and reporting of CMBS pool level and property level performance, including :
• Identifying and analyzing risky assets based upon qualitative and quantitative factors
• Identifying macro and micro risk factors, including market, property type, tenant, and borrower, to determine and measure exposure within the CMBS pools and loan portfolios
• Monitoring, analysis, and executive summary reporting on CMBS transactions, including an investigation of potential default or loss scenarios for underlying real estate loan collateral
• Compile and prepare periodic portfolio reports for use by senior staff and identify material changes for research causes.
• Maintain regular and open communication with the operations team and technology team about assigned tasks, priorities and ensure applications under development meet the defined requirements and pass the user acceptance testing prior to its release.
• Take ownership of the tasks with focus on quality and accuracy of the deliverables
• Demonstrate strong learning curve and eagerness to move up the rating value chain
• Ensure compliance with regulatory and company policies and procedures.

Requirements :

Morningstar DBRS is an equal opportunity employer.

Skills Required

cmbs, Data Analysis, Financial Modeling, Credit Research