Exciting Opportunity: Join Morningstar as an Analyst in the 2025 Recruitment Program

If you are looking to kickstart your career in finance or take the next step as an experienced professional, the Morningstar Recruitment Program 2025 offers an exceptional opportunity. Morningstar, a leading provider of independent investment research, is on the lookout for talented individuals to join their US RMBS Ratings team as Analysts. This role is perfect for those passionate about capital markets and structured finance, whether you are a fresher or have relevant experience. With the chance to work in Navi Mumbai, India, you will gain invaluable insights into the credit rating process while contributing to high-impact projects within the financial sector.

Key Job Details

• Job Title: Analyst, US RMBS Ratings
• Company: Morningstar
• Location: Navi Mumbai, India
• Job ID: AP-22424635
• Date Posted: December 5, 2025
• Employment Type: Full Time
• Education Requirement: Postgraduate in Finance, CA, CFA charter holder, or equivalent
• Experience: 1-2 years in capital markets; experience at a rating agency is a plus
• Salary: As per Company Standards

About the Role

The Analyst position within the US RMBS Ratings team at Morningstar is designed for those who are eager to dive deep into the intricate world of Residential Mortgage-Backed Securities (RMBS). This role involves analyzing credit risk by reviewing deal documents and legal documentation, alongside performing cash flow modeling using both in-house and external tools. As a key member of the team, you will assist the primary analyst in preparing rating committee notes and rationales, ensuring that all analyses are thorough and precise.

Furthermore, this position offers a unique opportunity to engage in criteria development and research reports, where you will collect and organize data from various internal and external sources. You will be charged with compiling periodic portfolio reports, identifying significant changes, and maintaining open communication with both the operations and technology teams. This collaborative environment fosters a strong learning culture, where you will have the chance to take ownership of your tasks and contribute significantly to the team’s success.

Required Skills

• Experience in Capital Markets: A minimum of 1-2 years in structured finance credit analysis is essential. Familiarity with the rating agency process is advantageous.
• Technical Proficiency: Expertise in Microsoft Excel, Visual Basic for Applications (VBA), and MSSQL is required. Knowledge of Python is a plus.
• Analytical Skills: Strong quantitative and analytical skills are a must, along with a keen attention to detail and accuracy.
• Communication Skills: Excellent writing and communication skills are necessary for effectively conveying analytical thoughts.
• Team Player: Good interpersonal skills and a collaborative mindset to work effectively within a team environment are crucial.

Responsibilities

• Analyze credit risk in RMBS by reviewing legal documentation and analyzing periodic data.
• Assist primary analysts with the preparation of rating committee notes and maintain various databases related to mortgages.
• Collect, organize, and study data for use in criteria development and research reports.
• Compile and prepare periodic portfolio reports for senior staff, highlighting material changes.
• Maintain regular communication with the operations and technology teams regarding assigned tasks.
• Demonstrate a strong learning curve and eagerness to advance within the rating value chain.
• Ensure compliance with all applicable policies and procedures.

Why Join Morningstar

Joining Morningstar means becoming part of a company that values integrity, transparency, and excellence. The company culture promotes continuous learning and professional development, providing employees with the tools they need to advance their careers. Morningstar offers competitive compensation packages, comprehensive benefits, and a supportive work environment that encourages teamwork and innovation. As an Analyst, you will have access to unique opportunities for growth and the chance to work alongside industry experts, all while contributing to impactful projects that shape the financial landscape.

Industry Trends

The financial services industry is evolving rapidly, with an increasing demand for skilled professionals in capital markets. As the market continues to grow, particularly in the realm of structured finance, roles like the Analyst position at Morningstar are becoming more valuable. Understanding the credit rating process and having a strong grasp of analytical tools is essential for success in this field. As more organizations rely on data-driven insights, the opportunity to work at a reputable company like Morningstar provides a significant advantage in building a successful career in finance.

How to Apply

If you are excited about the opportunity to join Morningstar as an Analyst and are eager to take your career to the next level, do not miss out! This position is perfect for both freshers looking to make their mark and experienced professionals seeking new challenges in the financial sector.

Apply Here