MDP Associate (Earlier known as Data Research Analyst) - Equity Operations New Posting Full-Time

Morningstar India Pvt Ltd

Posted By : Morningstar India Pvt Ltd

Navi Mumbai, Maharashtra (500)

Job Summary
The Program

At Morningstar, we want people who are smart, creative, hard-working, curious, and passionate about their work. We built the Morningstar Development Program (MDP) to prepare recent graduates for successful, long-term careers here at Morningstar. Throughout this two-year program, you will be placed in a cohort where you will receive ongoing career development, mentoring, training opportunities, and exposure to different areas of the business to help you succeed at Morningstar.  

The Group

: Morningstar Research group provides independent analysis on individual securities, funds, markets, and portfolios. The Research group also provides data on hundreds of thousands of investments offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on millions of equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar is one of the largest independent sources of fund, equity, and credit data and research in the world, and our advocacy for investors interests is the foundation of our company.

The Role

: In this role you will work on collecting fundamental data from balance sheet, cash flow statement, income statement and footnotes for Global market companies as per the predefined collection policies. You will adhere to local team’s goals, policies and procedures and work in a focused manner to achieve the overall organizations goals and objectives. You will be responsible for ensuring and improving the performance, productivity and efficiency and the delivery of the operational performance KPIs. You will effectively manage your performance and development in order to support our continuous operational success. Responsibilities:

• Establishing and achieving the set SMART goals with the direction of the team lead.

• Have a very good understanding of the fundamental data for company’s income statement, cash flow statement, balance sheet, and other fundamental data sets.

• Participate in the Centre of Excellence initiative focused on reducing resource costs, consolidating global data collection platforms, and supporting database integration projects.

• Own and drive continuous improvement within the process through Quality initiatives.

• Collecting and analysing equity fundamentals data for Global market and taking ownership in data quality controls to ensure consistent and high-quality data are manufactured in order to meet product requirements.

• Manage data as per client-specific requirement, while at the same time adhering to Morningstar's set KPIs and KRAs.

• Develop a thorough understanding of the various filing nomenclature of countries under coverage. • Passion for data and its impact on decision making.

• Closely work with quality assurance and technical department to resolve clients’ data issues timely and effectively.

• Actively discover and raise issues in work (including system, process, and collection methodology) and propose enhancement suggestion to further improve system functionality, process efficiency and data quality.

• Participate in other data and process related projects, like industry/market data collection methodology research, market expansion, process certification, new product development support, etc. Requirements:

• Bachelor’s degree in commerce/ finance/ business with minimum 60% in final year, Master’s degree would be an added advantage. CA Inter/CFA level 1 candidates are also preferred.

• 0-3 years’ experience in the financial domain related to equity data.

• Strong commerce/finance/accounting fundamentals.

• Proficient with the data management policies, procedures and common technical tools.

• Ability to exercise control over the executed tasks with the planned activities.

• Strong analytical and communication skills.

• Good command in MS Office (excel, PowerPoint etc.).

• Excellent communication written as well as verbal & reporting skill

• Prior Knowledge of IFRS GAAP would be an added advantage.

• Able to work under tight deadlines and handle pressure during peak seasons.

Skills
Role Specific Skills
Active Learning Active Listening Administration and Management Category Flexibility Complex Problem Solving Computers and Electronics

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Role Specific Skills
  • Active Learning
  • Active Listening
  • Administration and Management
  • Category Flexibility
  • Complex Problem Solving
  • Computers and Electronics
  • Critical Thinking
  • Deductive Reasoning
  • Engineering and Technology
  • English Language
  • Fluency of Ideas
  • Inductive Reasoning
  • Information Ordering
  • Judgment and Decision Making
  • Mathematical Reasoning
  • Mathematics
  • Near Vision
  • Number Facility
  • Operations Analysis
  • Oral Comprehension
  • Oral Expression
  • Originality
  • Problem Sensitivity
  • Reading Comprehension
  • Science
  • Speaking
  • Speech Clarity
  • Speech Recognition
  • Systems Analysis
  • Systems Evaluation
  • Writing
  • Written Comprehension
  • Written Expression

Bachelor of Business Administration (B.B.A) - Business Analytics

Bachelor of Business Administration (B.B.A) - Finance & Accounts

Bachelor of Business Administration (B.B.A) - Financial Services

Bachelor of Commerce (B.Com) - Accounting

Bachelor of Commerce (B.Com) - Accounting & Finance

Bachelor of Commerce (B.Com) - Banking

Bachelor of Commerce (B.Com) - Business Analytics

Bachelor of Commerce (B.Com) - Finance

Bachelor of Commerce (B.Com) - Financial Markets

Bachelor of Computer Applications (B.C.A) - Banking

Financial Services & Insurance

Bachelor of Science (B.Sc) - Finance

Higher Secondary

Master of Business Administration (MBA) - Fintech

Master of Business Administration (MBA) - International Finance

Master of Science (M.Sc) - Finance

PGDM - Finance

PGDM - International Finance

Secondary

Preferred Qualifications
Title: MDP Associate (Earlier known as Data Research Analyst) Department: Equity Operations Team: Fundamentals & Non fundamentals CTC: ₹ 3,90,000 - 5,00,000 LPA, including shift allowance. Shift: Flexible to work in shifts Shift Timings: (Morning): 5:30 am to 2:30 pm (Pick Up provided) / General: 10am to 7pm / Afternoon Shift (UK): 3pm to 12am (Drop provided) / Night Shift (US): 8pm to 5am (Drop provided) Eligibility: Candidates who have attempted the online test for Equity role in past 6 months, will not be eligible. 60% and above in Final year Graduation or Post Graduation Only Finance Graduates or Postgraduates can apply to this role. MBA/MMS/PGDM/MCOM/BMS/BBA/B&I/BCOM/A&F can apply. Aadhar Card is mandatory for candidate registration at the time of attempting online test. Immediate Joiners preferred. Selection Process: Eligible candidate will receive an email with the online test link and instructions. The candidate would be required to attempt the test as per the date and time mentioned in the email. The candidates selected in the test will undergo 3 virtual interview rounds. The online test and the interviews will happen in the same month. Only shortlisted candidates will be contacted by the recruitment team. Date of Joining: We have multiple joining dates in Q3 of 2022.

Job Location: Vashi, Navi Mumbai.

Morningstar Research group provides independent analysis on individual securities, funds, markets, and portfolios. The Research group also provides data on hundreds of thousands of investments offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on millions of equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets.

Journey