Crisil - Associate - Cost Analytics (3-5 yrs)

OPPORTUNITY:

This opportunity is based in Powai, Mumbai. The successful individual in this position will be able to make an immediate effective contribution by drawing upon their previous experience and developing it further by utilising expertise within Coalition Greenwich globally.

Domain: Financial Services

Location: Powai, Mumbai

Experience: 2 to 4 years

Employment Type: Full time

JOB PROFILE:

The job involves conducting industry and financial research and data analytics to support clients and contributing to internal knowledge building efforts. Typical projects will involve gathering, analyzing, synthesizing and presenting data using structured methodologies and frameworks. Projects may take couple of days to several weeks for completion Cost Analytics team benchmarks costs and operating margins for financial institutions. Costs are analyzed across cost types, financial market products, regions, etc., using public sources, regulatory disclosures and proprietary model.

Primary Responsibilities and Activities:

- Financial research of Global Investment Banks focusing on Business structure, cost reporting, profitability and cost initiatives.

- Build, update and maintain Client Bank Business structure, Cost allocation methodology based on public/ private data sources and client feedback

- Prepare initial Costs estimates across all cost types, products and regions

- Update and review of reported to 'normalized' costs reconciliation

- Create data templates for clients based on client's reporting structure

- Make adjustments to the central Costs model based on client's product and Costs structure

- Identify Costs drivers for Cost types from public sources, e.g., cost of property in key locations

- Analyze the relationship between Costs drivers and reported/ estimated Cost by checking for a variance between them and reasons for the same

- Create draft presentations for the clients along with team members

- Participate in client calls along with team members and take meeting notes

- Co-ordinate with other research delivery teams in India and & Relationship across geography location for deliverables

REQUIRED EXPERIENCE AND SKILLS:

- The successful candidate will have to demonstrate the following skills, experience and attributes likely to have been gained over two to four years relevant experience.

- Prior experience of 2 to 4 years in financial research / analytics / FP&A

- Good understanding of cost allocation methodology in Investment Bank is an advantage

- MBA or post graduate degree in finance, business management, statistics, economics or similar analytical fields.

- Professional certifications like CMA, CFA, CA, ICWA etc. would be an added advantage.

- Strong quantitative skills, an analytical mind and an ability to work with significant amounts of data, both numerical and qualitative

- A good understanding of Financial Statements

- Ability to take decisions while working with unstructured data and limited information

- Responsible attitude and ability to complete tasks in a timely manner

- Well-developed interpersonal and active listening skills

- Sound knowledge of global capital markets products preferred

- A strong degree of independence and self-motivation

- Fluency in spoken and written English is essential

- Excellent working skills with MS office tools, especially good at advanced Excel, PowerBI and PowerPoint

- Working knowledge of professional information services like Bloomberg, Thomson Reuters etc preferred

Educational Qualification - MBA, CMA & CFA