Credit Analyst
Job Summary
Job Description
This Credit Analyst role at ION Analytics involves in-depth analysis of high-yield, stressed, and distressed companies. Responsibilities include analyzing financial statements, conducting fundamental analysis (assessing credit risks, ratings, and default probabilities), performing industry research (evaluating economic impacts and market dynamics), and preparing comprehensive credit reports summarizing findings. The analyst will also contribute to ad-hoc projects and reports, utilizing data analysis tools for automation wherever possible. The role requires strong financial analysis skills, proficiency in Excel and potentially Python/SQL/PowerBI, excellent written and verbal communication, and teamwork abilities. The role focuses on companies within specific sectors, with coverage potentially including 10 companies.
Must have:
- Analyze financial statements
- Conduct fundamental analysis
- Prepare credit reports
- Strong financial analysis skills
- Proficient in Excel
- Excellent communication skills
Good to have:
- Master's degree/CFA
- Experience with high-yield bonds
- Knowledge of Python/SQL/PowerBI
- Proficiency in Eikon/FactSet
15 skills required
Job Details
The Role:
We are seeking a highly skilled and a talented individual to join our Debtwire and Credit Rubric Research teams in Mumbai. As a Credit Analyst, you will provide in-depth analysis on high yield, stressed and distressed companies, while publishing credit reports, sector reports and various data reports on the same.
The candidate needs to be naturally curious and driven to analyze complex situations and be tenacious in obtaining information. He/She must have accounting knowledge, and a good understanding of financial statements: income statement, balance sheet and cash flows. Understanding of debt and equity securities is required.
Your expertise will contribute to investment decisions, risk management strategies, and the overall success of our clients, which are corporates, investment banks, investors such as private equity/private credit funds, hedge funds and legal advisors.
Key Responsibilities:
- Analyse financial statements: Analyse financial statements, including income statements, balance sheets, and cash flow statements, quarterly, half yearly and annual reports, including press releases to assess the financial health of the companies under coverage. Identify key financial ratios, build financials models, find trends and anomalies that may impact the credit quality.
- Perform fundamental analysis: Conduct thorough fundamental analysis of companies, focusing on financial statements, capital structure and liquidity, business models and industry trends, competitive positioning, recent events and future plans. Evaluate credit risks, credit ratings and default probabilities to assess the ability of issuers to meet their financial obligations.
- Conduct industry research: Evaluate the impact of changing economic conditions and market dynamics on credit risk. Stay abreast of industry trends, market conditions, regulatory and economic changes affecting companies, sectors, and the high yield market. Conduct research and analysis on specific sectors and issuers to identify potential risks and opportunities. Attend online conferences and seminars whenever possible.
- Prepare credit reports: Prepare comprehensive credit reports summarizing your analysis with detailed breakdown of company financials, profitability, liquidity, industry dynamics, capital structure and valuation. Clearly communicate the key factors influencing credit quality, potential risks, valuation and mitigating factors in the report.
- Ad hoc work: Work on and assist with, various weekly, monthly, quarterly, credit reports and/or special reports, including data reports and ad-hoc projects. The above responsibilities will be given over time depending on performance, quality, ideation and analyst’s ability to do more. Detailed coverage may include 10 companies in one or two sectors, which would change as per market conditions.
Qualifications and Skills Required:
- Education: Bachelor's degree in finance, economics, or a related field is required. A master's degree in a relevant discipline or a CFA (Chartered Financial Analyst) designation is a plus.
- Experience: Preferably 1-2 years of experience as a Credit Analyst, with a focus on high yield bonds. Familiarity with fixed income markets, credit analysis, and bond valuation methodologies is a plus. Lesser experience with impeccable knowledge might be considered.
- Industry knowledge: Understanding of debt and equity securities and how news impacts prices of financial instruments. Knowledge of high yield bond market, including issuers and market participants and familiarity with credit market trends, yield spreads, and credit risk indicators is a plus.
- Financial analysis skills: Strong knowledge of accountancy and finance (financial statements: income statement, balance sheet and cash flows) through degree course, work experience or graduate training programme. Ability to interpret complex financial statements, assess credit risk, and understand market dynamics. The candidate needs to be naturally curious and driven to analyze complex situations, should have strong problem-solving and critical thinking skills and be tenacious in obtaining information.
- Excel skills: Comprehensive knowledge of Excel and ability to use Excel formulas and build models. Proficiency in financial modelling, valuation, credit ratings and risk assessment ratios.
- Automation and Coding: Have knowledge and understanding of current AI tools, working knowledge of Python (preferred, not required), SQL and PowerBI, with ability to use them to automate wherever possible, including data scrapping, cleaning, storing, and visualizing the same using PowerBI or other tools.
- Attention to detail: Strong attention to detail and ability to identify and assess risks accurately. Thoroughness in conducting research and verifying data.
- Written skills: Excellent written and verbal communication skills to present complex credit analysis in a clear and concise manner. Ability to build thesis and articulate a report in a structured way. Ability to read fast and comprehend information, including quarterly and annual reports, and financial & legal terminologies.
- Teamwork: Reliable, helpful and a team member with good work ethics with ability to work in a team-based environment, with a sense of teamwork and cooperation.
- Deadline: Ability to manage workflow under strict deadlines.
- Software Proficiency: Proficiency in financial softwares such as Eikon, FactSet is a plus.
About US
We’re a diverse group of visionary innovators who provide trading and workflow automation software, high-value analytics, and strategic consulting to corporations, central banks, financial institutions, and governments. More than 40% of the world’s largest companies use our solutions. Founded in 1999, we’ve achieved tremendous growth by bringing together some of the best and most successful financial technology companies in the world.
Over 2,000 of the world’s leading corporations, including 50% of the Fortune 500 and 30% of the world’s central banks, trust ION solutions to manage their cash, in-house banking, commodity supply chain, trading and risk.
Over 800 of the world’s leading banks and broker-dealers use our electronic trading platforms to operate the world’s financial market infrastructure.
With 10,000 employees and offices in more than 40 cities around the globe, ION is a rapidly expanding and dynamic group.
Within ION Analytics we help clients find advantage in a world of information overload and fragmented systems. Our business information solutions blend expert journalism and analytics with data to help banks, advisors, investors, law firms and corporations find opportunities in markets ranging from equities and fixed income to infrastructure and private equity.
On our platform clients can break through silos to originate opportunities, find buyers, and use resources efficiently, and our advanced workflow automation tools cut through the noise to deliver personalized, targeted information that saves time and effort, and drives better decisions.
ION is a rapidly expanding and dynamic group with 13,000 employees and offices in more than 40 cities around the globe,
Our ever-expanding global footprint, cutting edge products, and over 40,000 customers worldwide provide an unparalleled career experience for those who share our vision.
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About The Company
We’re visionary innovators who are delivering mission-critical trading and workflow automation software to financial institutions, corporations, central banks, and governments. By combining our passion for automation with a strategic view on the industries we serve, we design solutions that improve decision-making, simplify complex processes, and empower people. Simply put, we help our customers do more, faster and better than before. We believe our investments in research and development are shaping the future of automation and enabling our customers to transform their business. And we embrace the power of community, working with each other and with our customers to succeed through a positive culture of continuous improvement.
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