Description

We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003.

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G's ambition to be the best loved and most successful savings and investments company in the world.

Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

Title: Assistant Vice President - Corporate Credit Research
Function: Asset Management
Sub Function: Investment Research
Location: Powai, Mumbai

Job Purpose
This role is part of the front-office investments team and involves close collaboration with the M&G Asia Fixed Income team. The primary responsibility is to conduct credit analysis and deliver high-quality, timely insights to portfolio managers investing in public corporate bonds in the Indian market .

Responsibilities :
- Provide ongoing fundamental credit assessments and recommendations on portfolio companies in the coverage universe. This involves:

• Performing in-depth analysis of business and financial profile of the companies, capital structure, bond covenants, and identifying potential key risk and opportunities
• Building sector knowledge and identifying emerging industry themes as well as ranking of companies within the sector based on fundamentals
• Providing credit reports, new issue thoughts, sector reviews and other investment writeups
• Performing impact analysis of key credits events, earnings releases, corporate actions, rating changes, and sector developments on companies' credit profile
• Identifying relative value opportunities in both the primary and secondary markets.

- Actively analyse the impact of Environmental, Social and Governance (ESG) issues on a credit, and perform ESG related tasks including themed bond assessments (Green/ Social/ Sustainable), coal exposure assessments and company engagements.
- Provide insights of Indian corporate bond market dynamics, including colour on local investor sentiment, bond pricing, new issues and regulations.
- Participate in regular credit discussions/ team meetings, sector review meetings, and company meetings/ engagements where required.
- Participate in ad hoc research projects including (but not limited to) thematic research, impact analysis of major external events, system/ process enhancement, client presentations.
- Provide assistance to internal and external client or consultant presentations and responses to client queries and media requests

Core competencies:

• Strong analytical and financial modelling skills, with excellent understanding of financial statements and ratio analysis, and a high level of attention to detail.
• Good knowledge of the Indian bond market and its dynamics (pricing, primary issuances, regulations etc) and established relationship with brokers.
• Strong communication skills with the ability to collaborate, build relationships & exert influence
• Able to work independently as well as collaborate both within and across teams
• Knowledge of data manipulation tools such as Excel/VBA, PowerBi and third party applications such as Bloomberg, CapitalIQ, Factiva would be beneficial

Experience: 6-10 years of experience in Indian fixed income markets/investment management/asset management/corporate credit analysis.

Educational Qualification:

• MBA
• CFA/CFA pursuing (preferred)

We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.