Morgan Stanley · Mumbai
Other
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 42 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 Infrastructure Capital Markets business to join our Global Center in Mumbai. The analyst will support the origination, structuring, execution, syndication, and portfolio management of financing transactions across the infrastructure sector, with a focus on renewable energy, energy transition, tax equity, tax credit transferability, and high-yield / leveraged debt financings.
The Analyst will work closely with senior team members, counsel, risk, credit, finance, treasury, and senior management to execute complex structured financings for solar, storage, wind, power, and broader infrastructure assets. The role offers exposure to financial modelling, transaction structuring, and ongoing portfolio management.
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
Supporting transaction execution across tax equity, tax credit transfer, high-yield, project finance, and structured debt financings
Building, reviewing, and maintaining financial models, including project finance models, tax equity models, credit models, valuation analyses, and portfolio projection models
Preparing client materials, pitch books, investment memoranda, credit approval materials, syndication materials, and internal committee presentations
Assisting with due diligence, including review of project documents, financing agreements, third-party reports, operating data, financial statements, tax assumptions, and sponsor materials
Supporting underwriting and credit analysis, including assessment of cash flows, downside cases, leverage capacity, repayment risk, sponsor strength, collateral value, and structural protections
Coordinating transaction workstreams across internal teams
Assisting in the pre-work for negotiation and execution of financing documentation, tax equity agreements, tax credit transfer documentation, debt documents, and syndication materials
Supporting ongoing portfolio management, including tracking asset performance, reviewing operating and financial reporting, reconciling distributions, updating projection models, monitoring covenant compliance, and preparing internal portfolio updates
Contribute to process improvement, automation, and technical initiatives aimed at improving data accuracy, efficiency, and scalability of DCM workflows
Provide ad-hoc analytical and operational support to meet evolving business needs and ensure smooth execution across transactions
The ideal candidate will have 1–2 years of experience in investment banking, leveraged finance, project finance, infrastructure, energy, credit, structured finance, or related capital markets roles.
Experience with renewable energy, power, tax equity, tax credit transferability, project finance, high-yield debt, leveraged finance, or structured credit is strongly preferred but not required.
Skills and qualifications
MBA / CA / Bachelor’s Degree or equivalent
Keen interest in Capital Markets and intellectual curiosity
Strong financial modelling ability and sound credit judgement
Written competency and spoken language fluency in English
Good communication and interpersonal skills to collaborate effectively with global teams
Strong analytical and quantitative skills and comfort in working with large datasets
Agility and ability to multi-task and thrive in a fast-paced environment
Team player with a strong work ethic and motivation to learn
Exceptional attention to detail, strong Excel and PowerPoint skills; familiarity with Bloomberg and market data tools (Bondradar, Dealogic, Pitchbook)
Ability to manage expectations and handle high-pressure situations
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.