Lead Quantitative Analyst, Credit Ratings
Lead Quantitative Analyst, Credit Ratings
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Job Description
Lead Quantitative Analyst Structured Finance Analytics (Mumbai)
The Team: Morningstar DBRS 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. 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 4000 issuers and 56000 securities worldwide and is driven to bring more clarity diversity and responsiveness to the ratings process.
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Credit Operations Mumbai Analytics team enables and supports the efficient and effective delivery of credit ratings/information to the market with its specialized skills and assets consistent frameworks and economies of scale. We collaborate with stakeholders to build creative impactful solutions and offer services for the business and the market.
About the Role: Morningstar DBRS Structured Finance Analytics team is looking for candidate with good problem solving analytical & technical mindset. As a Lead Quant Analyst you will be responsible for managing a team of offshore Quant Analysts providing support on automating data analysis processes building and running data analytics to aid rating research and surveillance process developing and enhancing data analysis data visualization and workflow optimization tools. We are looking for an individual having strong understanding of Structured Finance products (RMBS ABS CMBS etc.) coupled with technical skills and leverage them to build efficient technical infrastructure for evolving FinTech solutions. Expertise in Python Tableau AWS Athena SQL and VBA will be needed. This position is based in our Navi Mumbai office and work shift will be EMEA.
Responsibilities
- Manage and mentor a team of 6-8 Quant Analyst providing guidance on technological enhancement and fostering a collaborative work environment.
- Managing work priorities of the team including quality & timeliness of delivery schedules periodic reporting on work performance project reporting and interact regularly with onshore team
- Lead and mentor the team on critical processes to achieve the business goals
- Maintain regular and open communication with the Global Structured Finance Analytics team and Credit Technology team about assigned tasks priorities and ensure applications under development meet the defined requirements and pass the UAT prior to its release.
- Lead the team with transforming improving and integrating data depending on the business requirements
- Understand core concepts around data storage and access specifically in structured data systems such as databases (SQL Athena AWS S3)
- Understand the domain and implement quick fix solutions to align the development activities with dynamic business needs
- Participate actively in the design and build phases to aim at producing high quality deliverables
- Have a mindset to bring about process efficiencies and ideate automations
- Collect organize and study data from internal and external sources for use in criteria development ratings and research reports
- Take ownership of the tasks with focus on quality and accuracy of the deliverables
- Highly organized and efficient with ability to multi-task and meet tight deadlines
- Ensure compliance with regulatory and company policies and procedures
Requirements
- Minimum of 9-11 years of relevant experience working in Credit Modeling / Model Validation roles.
- Qualifications: MBA (Finance)/BTech/PHD (Math) from a Tier I college.
- Knowledge of finance statistics behavioral sciences.
- Strong Analytical skills. Experience with large databases / datasets preferred.
- Expertise in Python / Anaconda Data science stack (Jupyter Pandas NumPy) Tableau Microsoft Excel and MSSQL
- Experience with SAS/R is a plus
- Familiarity with AWS infrastructure is considered an added advantage.
- Ability to manage multiple tasks at the same time and deliver results in a timely manner
Morningstar DBRS is an equal opportunity employer.
About Us
Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities financial institutions and project and structuredfinance instruments more than 4000 issuers and 60000 securities it is one of the top four credit rating agencies in the world.
Morningstar DBRS empowers investor success by bringing more transparency anda 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 their local markets but large enough to provide the necessary expertise and resources they innovators choose to work with us because of our agility tech-forward approach and exceptional customer service.
Morningstar DBRS is the next generation of credit ratings.
If you received and accept an offer from us we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified then you will be required to liquidate those holdings immediately. In addition dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all U.S. employee accounts). If this applies and your account(s) are not with an approved broker you will be required to move your holdings to an approved broker.
Morningstars hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote weve found that were at our best when were purposely together on a regular basis typically three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are youll have tools and resources to engage meaningfully with your global colleagues.
Required Experience:
IC
Employment Type
Full-Time
