Analyst - Fixed Income/Treasury - Domestic Auto Manufacturing Firm

Company - Leading Domestic Auto Manufacturing Company

Job Description - Analyst - Fixed Income/Treasury

Our Treasury Team is searching for an Analyst, Credit Research, to be based in Delhi/Mumbai offices. Financial modeling, analytical, and strong written and verbal communication skills are paramount. The candidate will be responsible for providing quantitative and analytical support for Treasury Investments.

The Analyst will be part of the Bond Market and Credit Research team and report to Head-Treasury.

Responsibilities:

- Provide fundamental coverage of sectors/companies within the fixed income markets, with particular focus on the Indian markets to contribute investment ideas that generate positive performance for our Treasury portfolio

- Perform fundamental analysis on given sectors and individual companies to evaluate the creditworthiness of an issuer and assess the relative value of its bonds

- Become the internal sector expert for the fixed income/Treasury team

- You will be expected to do the following independently:

- Actively monitor spreads in the bond markets

- Conduct macro analysis to develop your own model to make interest rate calls

- Talk to brokers to understand risks and rewards associated with different bond issuers

- Build and maintain detailed models, in conjunction with research specialists that express your views and recommendations for your coverage

- Analyze covenants and capital structures to select individual bonds/issuers for our funds

- Monitor credit and duration of existing holdings to assess continued exposure.

- Research new investment ideas for portfolio consideration.

- Preparing and maintaining/updating financial/credit models with projections

- Publish internal research notes that express your conviction and recommendations to the investment management team

- Relaying information from conference calls, industry conferences, and discussions with management/rating agencies

- Dialing into road shows and updating views on new debt issuances by other entities

- Ongoing monitoring of coverage names for restructuring, event risk, capital structure, dominant/controlling shareholders, disruption

- Working on adhoc projects based on topical issues/trends/reforms impacting markets

- Preparing industry databases, thematic reports, sections of presentations

- Writing credit commentaries and responding to Treasury requests on specific companies

- Focus on continuous improvement in the areas of fixed income trading, credit modeling and monitoring systems

- Maintain regular issuer contact, including in-house and external meetings

- Participate in cross-asset class meetings with equity colleagues to sharpen your company and sector views

- Actively participate in strategy sessions that address credit trends, investment decisions, and asset allocation -- a team-based approach to investing

Qualifications:

- Motivated team player and flexible in approach with ability to work independently

- Excellent written and verbal communication skills - presents ideas in a clear, concise, and constructive manner

- Strong Excel, financial modeling, and analytical skills

- MBA or equivalent qualification in Finance with a superior academic record; CFA will be an added advantage

- Experience in writing credit reports

- Excellent credit skills demonstrated through prior relevant experience (5+ years) working as a research analyst

- Familiarity with financial databases like Bloomberg, Capital IQ, etc

- You have the credibility, communication skills and professional presence to interact effectively with investment professionals at all levels of experience