Morningstar Recruitment | MDP Associate | Mumbai

Morningstar Freshers and Experienced Recruitment in Mumbai For MDP Associate Position. Graduates and Post Graduates are eligible to apply for this job. More details regarding Morningstar Mumbai Job Openings is given below.

Company Name: Morningstar

Job Location: Vashi, Navi Mumbai

Job Category: IT | Software

Job Position: MDP Associate

Compensation Range: Rs. 4,06,575 – 5,39,175 LPA, including shift allowance.

Experience: Freshers / Upto 2 years

Qualification: Bachelor’s Degree and above

Job Description: Morningstar Development Program (MDP) Associate

• The Program’s mission is to hire and develop entry-level employees to be successful contributors to Morningstar through a learning and development process that teaches them professional and job-based skills.
• Throughout this two-year program, you will receive ongoing career development, mentoring, and training opportunities, and we hire MDP Associates across different areas of the business to help you become future leaders at Morningstar.
• Date of Joining: October 2023.

MDP Associate Role:

• As an MDP Associate, your role involves accurately and efficiently collecting operational data, both financial and non-financial, from diverse sources and entering it into a web-based tool.
• Your commitment to this organization is reflected in your efforts to align your actions with the company’s goals, policies, and procedures.
• By prioritizing the overarching objectives, you become a vital contributor to the company’s success.
• Effectively delivering on Key Performance Indicators (KPIs) and continuously developing skills needed to achieve ongoing operational goals.

Job Responsibilities:

• Conduct timely and in-depth screening, research, and review of company data and disclosures.
• Learn the research methodology and processes quickly and apply that knowledge consistently.
• Deliver on individual and team targets including production and quality as well as improve the overall performance quarter on quarter.
• Establish and achieve the set SMART goals with the direction of the team lead.
• Provide input and ideas for new data collection methods, product/ process improvements, and quality initiatives.

Eligibility Criteria:

• Bachelor’s Degree and above in any discipline.
• Freshers and candidates with up to 2 years of experience can apply.
• Candidates awaiting results for their last semester can also apply.

Requirements:

• Good English communication, reading, writing, and content interpretation skills.
• Client-oriented, innovative, with a bias for action and entrepreneurial mindset.
• Analytical and critical thinking, attention to detail, and problem-solving skills.
• Basic level proficiency in MS Office Suite, particularly MS Excel, and Word

Selection Process:

• Eligible candidates must successfully clear the online assessment.
• Two interview rounds will be conducted post clearing the online assessment.
• At every stage of eligibility, only shortlisted candidates will be contacted by the Morningstar recruitment team.
• A permanent offer letter will be provided to you from Morningstar after clearing all rounds.

Job Role:

• MDP Associate will accurately and efficiently collect operational data from various vendor sources and enter those into a web-based tool.
• You will adhere to the company goals, policies, and procedures and work in a focused manner to achieve the overall objectives.
• You will be responsible for improving the performance, productivity, efficiency, and delivery of the operational performance KPIs (Key Performance Indicators).
• You will effectively manage your performance and development to support our continuous operational success.

Requirements:

• Strong English communication, reading, writing, and content interpretation skills.
• Basic Proficiency in MS Office Suite, particularly MS Excel and Word.
• Knowledge of SQL, VBA Macros, or Python is a plus.
• Client-oriented, innovative, and entrepreneurial mindset.
• Analytical and critical thinking, attention to detail, and problem-solving skills.

Work Schedule:

• The current work arrangement follows a hybrid model, where MDP Associates are required to work three days per week from the office.
• You should be flexible to work in shifts.

Shift Timings:

• Early Morning Shift (AU): 5:30 am to 2:30 pm.
• General Shift: 10 am to 7 pm.
• Afternoon Shift (UK): 3 pm to 12 am.
• Night Shift (US): 8 pm to 5 am.

Transportation will be provided only from:

• Office-to-home drop-off option for US and UK shifts.
• Home-to-office pick-up option for the AU shift.

Morningstar Business Groups::

MDP Associates will get an opportunity to start their career with our Data Operations teams which comprises of below major business units:

• Equity Data: The team collects financial and non-financial data from annual, interim reports, and press releases of public companies across the globe as per the predefined collection methodologies.
• Fixed Income Data Operations: The team is responsible for researching and performing quality audits and analytics on data points pertaining to bonds and derivatives received from multiple vendors.
• Managed Investment Data (MID): The team is responsible for collecting and managing fund performance data which involves conducting fund analysis at both the portfolio and bond level encompassing crucial data points such as fund net asset value (NAV), and other operational data for funds and other managed investment data.
• PitchBook: The team performs web-based research and utilizes technology tools to capture hard-to-find data on private capital markets, including private equity (PE), venture capital (VC), and mergers and acquisitions (M&A).
• Reference & Entity Data (RED): The team is responsible for strategy and data collection of Reference Data, which touches across Morningstar products and is strategically crucial for Morningstar’s Data Governance strategy.
• Sustainalytics: The team provides high-quality analytical research, ratings, and data on environmental, social, and governance (ESG) parameters to investors and companies that help them make informed decisions that lead to a more just and sustainable global economy.
• Wealth Management Operations: The team provides operational support for the wealth management business covering multiple regions and activities like portfolio reconciliation, reporting, billing, and performance analytics.

How To Apply:

• Registrations are closed

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