MCA Analyst: The Morningstar Credit Analytics (MCA) Analyst shall conduct thorough quantitative and qualitative analysis on the underlying loans and properties that collateralize Commercial Mortgage-Backed Securities (CMBS) transactions. In addition, will assist the onshore team with creating loan and research write-ups and with special projects/initiatives, as needed.

Responsibilities:
- Accurate and timely assistance with the basic data and preliminary tasks to support the research and analysis of CMBS properties.
- Accurate and timely retrieval, analysis, research, and reporting of CMBS pool-level and property-level performance, including:
• Identifying and analyzing risky assets based upon qualitative and quantitative factors.
• Identifying macro and micro risk factors, including market, property type, tenant, and borrower, to determine and measure exposure within the CMBS pools and loan portfolios.
• Monitoring, analysis, and executive summary reporting on CMBS transactions, including an investigation of potential default or loss scenarios for underlying real estate loan collateral.




• Productive and timely communication and support other Morningstar Analysts or any third-party contacts to collect data and information to produce quality and timely reporting within prescribed time frames.
• Research and respond to internal and external inquiries regarding specific aspects of assigned CMBS pools, providing users with information on major credits or portfolio concentrations; and evaluating such detail relative to bond class holdings to ascertain strengths and/or weaknesses of a position.
• Write monthly research reports & transaction snapshots, including commentary and opinion for Morningstar clients.

Requirements:
• 1-3 years’ relevant experience in the credit research domain, with working knowledge of CMBS transactions. Credit ratings experience preferred
• Master’s degree, CFA, or FRM preferred.
• Intermediate-level Excel skills
• Robust English-language skill

📌 Analyst (Mumbai)
🏢 Morningstar
📍 Mumbai