SRA - Credit research Fund Sector

Skills and Traits Required

• Should have 3 to 5 years of experience specifically in counterparty credit risk assessment or credit research for funds
• Prior experience in fundamental analysis for the funds domain is mandatory – with understanding of the various regulations of different jurisdictions (especially for US and European funds).
• Strong understanding of core finance and accounting concepts.
• Excellent report writing and communication skills.
• Ability to communicate analytical thoughts in a crisp, concise and precise manner.
• Strong inter-personal skills and ability to participate/contribute as a team player.
• Should be willing to put in the extra hours when tight deadlines need to be met.  Willingness to operate in a dynamic environment that may entail multi-tasking. 
• Qualification CA/MBA Finance/CFA/FRM
  

Job Duties

• The role entails supporting credit risk management teams of global banks in counterparty credit risk assessment for the regulated funds and hedge funds domain. The key activities include research and analysis of the regulated funds and hedge funds to assess their credit strength. The scope of activities could also include identifying key variables and building a proprietary framework for clients.
• Additionally, domain knowledge of other financial institutions domain (banks / insurance / broker dealers would be preferred). This task would involve preparing detailed credit risk assessment reports that involve analysis of factors such as the operating environment, business strength, financial strength, management strategy, market-implied parameters and external support. Prepare / update financial models or financial spreads through a combination of market databases and company filings.
• Assign credit ratings by using the client’s proprietary framework and make subjective adjustments as necessary.
• Should be able to defend his/her views on the counterparty / covered entity when challenged by senior stakeholders and clients.
• Track market events closely and assess implications on the coverage portfolio
• Support project managers on ad hoc projects.
• Other activities may include preparing industry and country research reports, maintaining and updating financial models and company/industry specific databases and preparing news flows.
• The role may also require training and mentoring colleagues on specific aspects of credit risk.