Rating Advisory - Global Capital Market , Analyst/Sr Analyst, Investment Banking Division

Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile Morgan Stanley is a worldwide leader in investment banking and is one of the top firms in mergers and acquisitions, underwriting of equity and equity-related transactions, corporate debt issuance, and high-yield debt financing. With professionals in 30 countries, we are consistently recognized for our performance in both traditional and innovative financing techniques, helping a wide range of clients around the world to make and execute decisions about their business strategy and financial structure.

We are looking for a Global Capital Markets professional focussed on Ratings Advisory to join our Global Center in Mumbai. The successful candidate will play a key role in providing deal execution support, conducting research and analytics, and providing internal process support to Ratings Advisory teams.

You will receive variety of trainings covering financial analysis, business presentations, and practical skills. At the end of training, you will be able to understand financial concepts and have a strong understanding of the Morgan Stanley culture. In this role, you will gain exposure to financial markets and macro trends, build knowledge of banking and capital markets sectors and products, and work with bankers in core locations. High performers will be eligible for internal mobility opportunities globally.

Key Responsibilities

• Support ratings analysis and notching assessments, including application of LGD and recovery models in line with agency methodologies.
• Prepare client and internal presentation materials by extracting, synthesizing, and summarizing analysis from rating agency reports.
• Conduct in‑depth research from rating agency reports, criteria, and published commentary to support issuer analysis and transaction execution.
• Build and maintain peer comparables and comp tables, including tracking rating actions (upgrades/downgrades), key financial metrics, and reconciling outputs against agency reports and reconciliation files.
• Perform financial spreading and normalization to support ratings analysis, peer benchmarking, and issuer positioning.
• Manage agency data workflows, including agency report pulls, preparation and maintenance of agency reconciliation files, and ongoing data hygiene.
• Prepare rating analyst bios and coverage summaries for new issuers to support agency engagement and onboarding.
• Assist with rating agency coordination, including scheduling agency meetings and attending rating‑related sync calls (where permitted) to build understanding of agency analysis and decision frameworks.
• Prepare credit considerations and perform ratio analysis in line with rating agency methodologies for respective industry/ sector

Skills And Qualifications

• MBA / CA / Bachelor’s Degree or equivalent
• 2 – 5 years of work experience in related field
• Keen interest in corporate finance / Debt Capital Markets / Ratings Advisory
• Written competency and spoken language fluency in English
• Good communication and interpersonal skills to collaborate effectively with global teams
• Strong analytical and numerical skills and are at ease with financial data
• Agility and ability to multi-task and thrive in a fast-paced environment
• Team player with a strong work ethic and motivation to learn
• Ability to manage expectations and handle high-pressure situations
• Proficiency in leveraging S&P Global, Moody’s, and Fitch Ratings platforms to support ratings advisory, transaction structuring, and issuer positioning
• Hands‑on experience supporting ratings advisory workflows, including preparation of rating materials, agency interaction and methodology review
• Exceptional attention to detail, strong Excel and PowerPoint skills
• Programming and coding experience / knowledge of AI tools is encouraged

What You Can Expect From Morgan Stanley At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about\-us/global\-offices into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people\-opportunities/eeo.