Analyst, CMBS Ratings

Analyst, CMBS Ratings Experience: 3 to 5 years Location: Mumbai, Maharashtra, India Skills: CMBS, credit research, Intex, REIS, CBRE, data analysis, quantitative research, qualitative research 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 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 task 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: o Identifying and analyzing risky assets based upon qualitative and quantitative factors o 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. o 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 deliverablesDemonstrate strong learning curve and eagerness to move up the rating value chainEnsure compliance with regulatory and company policies and procedures. Requirements: 3 to 5 years of experience in a credit research domain, with knowledge of CMBS, experience at a rating agency is a plus.Bachelors degree in Accounting, Economics, Finance or Management StudiesMasters, CFA or CFA program enrollment are a plusFluent in English, with good verbal and written communication skillsStrong attention to detail and accuracyHighly motivated, self-starter who is keen to learn, has a positive attitude and a strong work ethicAbility to manage multiple tasks at the same time and deliver results in a timely mannerGood inter-personal skills and ability to participate/ contribute as a team playerExperience with Intex, REIS and CBRE is a plus 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 the .