Credit Analyst Structured Finance (RMBS) Global Risk & Research SOlutions

Riverforest Connections Private Limited

Job Location:

Gurgaon - India

Monthly Salary: Not Disclosed

Posted on: 12 hours ago

Vacancies: 1 Vacancy

Job Summary

Key Responsibilities:

Domain Related:

Assist global Credit Analyst(s) in cash flow analysis for Structured Finance securities
Prepare cash-flow Model for structured finance deals RMBS using proprietary platforms (IMAKE Cashflow Evaluator Intex) and ensure the correctness of the cash flow output

Cash-flow Modelling involves:

Analyzing comprehending and interpreting transaction documents such as Offering Circular Indenture Term-sheet etc. to understand the structure and features of the deals
Retrieve appropriate data (Asset and Liability level) to prepare cash-flow model setup files
Scripting payment waterfalls and related conditions as per the deal covenants using pre-built functions in the scripting tools to generate the required cash-flow output
Testing the Cash-flow model through scenario analysis to comply all the requirements of legal document and the Asset Specific Cash-Flow Criteria
Work on resolving Queries w.r.t Cash-flow model outputs used for the ratings process
Model maintenance involves regular testing and validation of models based on the most recent investor reports statements published by issuers servicers and revising the model to be in sync with the expected outcome
Stay abreast with the latest developments in the structured finance market and understand/be able to comment on their potential impact
Support Global Credit Analyst(s) in analyzing the performance of a portfolio of Structured Finance transactions for any credit event

Process Adherence:

Focus on quality review and add analytical inputs to processes as and when needed
Create and maintain base-level training material process manuals and related documentation to ensure smooth execution of tasks
Adopt the defined processes in the day-to-day execution of assignments
Identify process improvement avenues that lead to value addition to work
Ensure the knowledge gained is retained and documented through operating manuals
Work with other teams and suggest methods to improve the efficiency of the existing process
Strictly practice and follow all compliance confidentiality and information security policies and procedures and related guidelines of the organization

Client Management / Stakeholder Management:

Build and maintain relationships with onshore Analysts and respective stakeholders
Set expectations with clients for the routine tasks (viz. scope of work timelines etc.)

People Development:

Provide mentoring/training to junior members of the team
Implement team-level initiatives (co-curricular activities)
Familiarize new recruits to the team and organization

Expected Candidate Profile:

Understanding of Fixed Income AND/OR Structured Finance / Securitization concepts
Excellent oral and written communication skills
Positive attitude with qualities of a team player and solution-oriented
Ability to take ownership and execute tasks independently
Ability to deal with pressure and open to new ideas and initiatives
Ability to build client relations and take a view based on client guidance

Essential Qualification:

Two years full-time MBA (Finance) OR Equivalent

Preferred Qualification:

Two years full-time MBA/PGDM (Finance) OR Equivalent degree in Quantitative Finance OR (CFA / FRM) with 1-2 years of work experience in Structured finance RMBS

Required Skills:

Credit AnalysisCredit AppraisalsCredit MonitoringStructured FinanceRMBSResidential Mortgage Backed SecuritiesSecuritizationABSAsset Based Securities

Key Responsibilities: Domain Related: Assist global Credit Analyst(s) in cash flow analysis for Structured Finance securities Prepare cash-flow Model for structured finance deals RMBS using proprietary platforms (IMAKE Cashflow Evaluator Intex) and ensure the correctness of the cash flow output Cas...