Morningstar India | Senior Manager, Credit Ratings

Key responsibilities

• This role is for the Credit Operations Mumbai Analytics team that enables and supports the efficient and effective delivery of credit ratings/information to the market with its specialized skills and assets, consistent frameworks, and economies of scale.
• The team collaborate with stakeholders to build creative, impactful solutions and offer services for business and the market.
• The role will manage a team of 30+ analysts and people leaders, ensuring high-quality analytical support, disciplined execution, strong governance, and scalable delivery across global structured finance workflows.
• You will partner closely with global analytical teams and Mumbai Credit Operations leadership to drive process transitions, automation, operational excellence, talent development, hiring, retention, and strategic initiatives that strengthen the Structured Finance operating model.
• If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately.
• Lead and manage multiple Structured Finance teams comprising 30+ analysts across ABS, RMBS, CMBS, and Cashflow Modeling, ensuring consistent delivery quality, productivity, and stakeholder alignment.
• Provide strategic and operational leadership across structured finance workflows, including surveillance support, new issuance support, data analysis, model execution, cashflow review, and analytical process support.
• Design clear OKRs for teams in consultation with local and global leadership, ensuring alignment with business priorities and meaningful translation into team-level performance goals.
• Partner with global analytical teams to define priorities, address delivery risks, resolve operational hurdles, and ensure Credit Operations support meets expected quality and turnaround standards.
• Drive resource planning, cost discipline, hiring, capacity management, workload allocation, and succession planning to support scalable business growth.
• Support process transitions, new-product onboarding, workflow standardization, automation, and technology-led innovation, including the practical adoption of AI tools where appropriate.
• Maintain a strong governance and reporting framework with global stakeholders, including disciplined escalation, risk tracking, metric reviews, and transparent communication routines.
• Ensure strict adherence to applicable regulatory, compliance, information security, and business-specific requirements across regions and asset classes.
• Rating more than 4,500 issuers and 68,000 securities, we are one of the top four credit rating agencies in the world and a market leader in Canada, the U.S., and Europe in multiple asset classes.
• Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world.

Requirements

• Postgraduate degree in Finance, Economics, Business, or a related discipline; CFA charter holder or equivalent professional qualification preferred.
• 15+ years of relevant experience, including leadership of large analytical, financial services, credit operations, captive center, or global capability teams.
• Demonstrated experience managing large teams of 30+ employees, including managers or team leads, with strong capability in hiring, coaching, performance management, and retention.
• Strong understanding of Structured Finance asset classes such as ABS, RMBS, CMBS, and related analytical workflows; exposure to cashflow modeling is strongly preferred.
• Knowledge of global credit ratings, financial services markets, structured finance products, and the regulatory environment would be an advantage.
• Experience working in global, multicultural, and matrixed organizations with the ability to influence senior stakeholders across geographies.
• Strong strategic thinking, stakeholder management, operational governance, and execution skills.
• Detail-oriented, organized, and motivated leader with strong judgment, mindset of ownership, and the ability to manage multiple priorities in a fast-paced environment.
• Excellent written and verbal communication skills in English, with the ability to present complex operational and analytical matters clearly to senior audiences.
• Technical understanding of cashflow modeling tools, Python, Intex, automation platforms, and AI-enabled productivity tools would be a plus.

Morningstar

Morningstar, Inc. is a leading provider of independent investment research and data, headquartered in Chicago and operating through subsidiaries in more than 30 countries with over 40 offices worldwide. It serves individual investors, financial advisers and wealth managers, asset managers, retirement plan providers and institutional investors with data, analytics and research (Morningstar Direct, Morningstar Investor, PitchBook for private markets, Sustainalytics for ESG research), credit ratings through Morningstar DBRS, Morningstar Indexes, and investment management and retirement services.

Morningstar India Private Limited, based in Vashi, Navi Mumbai, is a major data, research, technology and operations centre for the group — Morningstar counts India as one of its four regions alongside the Americas, EMEA and Asia-Pacific — and has been certified as a Great Place to Work for ten consecutive years. Its Mumbai teams work in managed-investment and equity data, equity and manager research, index management and operations, credit and ESG research, product development, client service and corporate finance — work that suits CA, CFA, MBA (Finance), M.Com and B.Com profiles as well as quantitative and research specialists.

• Industry: Financial services — independent investment research, data, indexes and credit ratings
• Headquarters: Chicago, Illinois, USA
• In India: Morningstar India Private Limited, Vashi, Navi Mumbai (Vishwaroop IT Park) and Mumbai (Platinum Park)