Location: Bangalore
CLIENT- One of the largest investment companies in the United States with over $1.1 trillion of assets under management. Its a privately held company, owned by its employees. It has strong revenue and asset growth, supported by marketing and distribution prowess, as well as very strong systems, trading and issuer access. Research forms a core part of their overall investment approach. Client is one of the world's largest providers of financial services, with custodial assets of $2.4 trillion, including managed assets in excess of $1.3 trillion. Client offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 20 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, one of the largest mutual fund supermarkets and a leading online brokerage firmClients Fixed Income Division is one of the country's leading fixed income managers with over $450 billion in U.S. and Canadian dollar denominated bond and money market assets managed by a staff of 100 professionals. Resources are focused on providing fundamental, quantitative and macroeconomic analysis. Research is solely for the fixed income funds and is made available only to Clients Investment professionals.
The Department
Counterparty Research & Analysis department has two primary roles. Responsible for credit research and opinions on all Clients bank and broker/dealer counterparties. Approval and denial of prospective counterparties and on-going reviews and monitoring of existing counterparties in accordance with internal, proprietary standards. Provide research and advice to Clients business units on their vendor and banking relationships.
The Position
This is a leadership role that covers the entire Indian market and will be reported by Analysts.
Analysts analyze potential and existing counterparties. Analysts assign a credit rating based on an assessment of the current financial strengths and weaknesses as well as a thoughtful discussion of the expected future credit quality of each counterparty.
Analysts conduct discussions and meetings with the senior management team of the counterparties, e.g., Chief Financial Officers, Treasurers, and Chief Executive Officers. Analysts must have an understanding of country, industry, market conditions, economic, and political issues relevant to the counterparty s credit profile.
Analysts discuss the counterparty with any of the Clients analyst who covers the country or company, as well as utilize any external resources which may exist, such as sell-side investment research and rating agency reports.Analysts prepare a formal credit memorandum containing a credit rating and recommendation on each counterparty which provide accountability for recommendations.
Analysts are expected to understand the nature of Client s business with each counterparty, including trading and investment opportunities.
Analysts recommend practical business and credit decisions which balance credit concerns with trading and investment needs and objectives.
Analysts are responsible for clear and effective communications and relationships with the Director of Counterparty Research, other Analysts, trading desk personnel, as well as with business unit.
Experience and qualification: We are looking for an experienced credit analyst. The ideal candidate will have 3 to 7 years of relevant experience. Analysts are required to hold undergraduate degrees as well as an MBA from any premier B schools like IIM’s,XLRI,FMS and / or CFA accreditation. Competencies include excellent analytical ability, creativity, and the ability to communicate effectively orally and in writing.
Please contact Shweta at shweta@tsource. in or at 022-32687111 to gain better understanding about the role.
