Associate/Senior Associate - Credit Research/Modeling - Research Analytics Firm

One of the Research Analytics company is looking for Associate and SR. Associate. Interview is going on. Candidate who are available on weekend need to apply . Only Delhi/Ncr candidate.

Role and Responsibility :-

Credit Research (both Investment Grade & High-yield):

In depth study of the financial statements and building detailed fixed income financial models (Companies including US & Europe) including spreading of financials (Income Statement, Balance Sheet & Cash Flow Statement) for last 5 years, calculation of Free Cash Flow, Adjusted EBITDA based multiples, credit ratios, liquidity assessment, covenants check etc.

Financial forecasting based on the analysis of operating statistics, key financial metrics, Industry research, company presentations etc.

Detailed Debt structure analysis by segregating total debt on seniority wise (1st lien, 2nd lien & subordinate debt); calculation of leverage at each level. Creation of Pro Forma debt structure & maturity schedule for new issuance

Debt Maturity Analysis with liquidity calculation and credit facility study;

Writing Credit memo including company description, S&P and Moody's Ratings Rationale, operating footprints, growth strategy, financial targets, covenant compliance, credit facility availability, SWOT Analysis, Long term outlook etc.

Quarterly detailed earning write-ups including financials performance versus consensus, company guidance, Capex estimation, funding plan etc.

Relative Valuation (for bonds) :Comparison of Bond prices, Yield to maturity & Yield to worst, OAS, key credit ratios etc.

Candidate will be working as Fixed Income Research analyst for the securities across the spectrum including Investment Grade, High-Yield, Municipal and distress debt. Should have strong written and verbal communications.

Preparing comprehensive financial models with forecasting based on in-depth study of operating statistics

Detailed debt structure, maturity schedule and liquidity analysis

Good understanding of financial covenants

Writing credit research notes / profiles on corporates

Relative Valuation and Industry research reports

Municipal issuers credit review report for general obligation and revenue bonds

Working on pilot projects with stringent timelines

Ideal Candidate :

Desire to work in a fast paced, challenging environment where you need to push yourself all the time

Excellent communication skills, both written and verbal

Motivated, fast thinking, dynamic person with strong business acumen

Mature individual with a professional work ethic, and high degree of ownership and accountability

Experience:

For Associate:

6 months to 15 months in credit research. The candidate should have exposure of working on US and European companies. including financial statements analysis, ratio analysis or financial modeling.

Strong acamedic scores (both must):

10 / 12th minimum 80%

Graduation - minimum 60%

For Sr. Associate:

Candidate should have relevant experience of at least 2-5 years

Candidate should have done MBA (finance) or CFA

Salary offered: 6 - 11 LPA