Morningstar is inviting applications for the post of Intern – Analyst for the year 2021. Here is everything that you need to know about this Morningstar Analyst Internship!
About Morningstar
Morningstar, Inc., based in Chicago, Illinois, is an American financial services company. It offers a wide range of investment research and management services. Morningstar was formed by Joe Mansueto in 1984.
Morningstar’s research and recommendations are considered significant in the asset management sector by financial journalists, and a favourable or negative recommendation from Morningstar analysts can push money into or away from any specific fund. As of March 31, 2021, the company’s asset management segment managed about $244 billion in assets.
Morningstar Direct and Morningstar Advisor Workstation are two of the firm’s software and data solutions for financial professionals.
About the Internship
As a credit analyst, you will help a team of analysts situated in North America and/or Europe by doing fundamental research of corporate bond issuers across several industry sectors. The analyst will assist with research and financial modelling for business and sector-specific credit reports that provide innovative insights and help the corporate rating process. The location of this post is our Mumbai office.
Roles & Responsibilities
- As a generalist corporate analyst, analyse corporate financial statements to create, propose, and defend Credit Estimates for middle market firms in a variety of sectors and jurisdictions.
- Apply financial and accounting concepts to determine inputs for proprietary financial statement analysis tools and check for accuracy.
- Prepare corporate assessments for senior analysts’ approval and assist with other written materials, research, and reports.
- Assist senior analysts and clients in analytical conversations.
- Manage administrative and data gathering activities for clients.
- Establish and sustain customer, investor, and banker relationships by offering prompt and competent client services.
- As needed, maintain associated databases.
Eligibility
A Bachelor’s degree in Finance, Economics, Accounting, Business or Mathematics required.
- An MBA and/or completion of CFA Candidate Level I are preferred but not needed.
- Minimum three years of expertise assessing the credit risk of high yield or leveraged loan issuers, or two years of auditing company financial statements at a globally renowned accounting firm with a CPA licence.
- Strong GAAP financial statement analysis skills and analytical ability, including knowledge of GAAP accounting concepts.
- Knowledge of IFRS accounting standards, local European accounting standards, and/or European financial statement formats is beneficial but not necessary.
- Must be competent to analyse firms in a variety of corporate industrial areas.
- Strong spreadsheet and report-writing abilities.
- Self-starter who can prioritise and accomplish important tasks swiftly, independently, and with a feeling of urgency.
How To Apply For This Internship?
To apply for the Morningstar Analyst Internship, click here.
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