About the Role
The North American Asset Finance team is seeking a highly motivated individual to join its analytical team in New York as a Senior Analyst. The successful candidate will support lead analysts in their responsibilities, primarily to manage the U.S. portfolio of project finance, infrastructure finance and sports finance credits, including the ongoing analysis and surveillance of specific credits. The Senior Analyst would also work with members of the Asset Finance team based in Toronto. The Senior Analyst will be expected to have or to develop a solid understanding of each of the credits he/she is assigned to work on, perform financial statement analysis, use financial models, draft written reports including compilation of rating committee material, press releases and rating reports and build proficiency in overall credit analysis. In addition, the Senior Analyst will be expected to maintain a broad knowledge of industry issues and data in certain sectors. This role ultimately reports to the Managing Director of Asset Finance (based in Toronto), and also to the respective lead analysts on rating assignments to which they are assigned for the duration of such assignments.
Job Responsibilities
- Perform financial statement analysis
- Demonstrate a well-developed understanding of the industries
- Provide consistently accurate credit analysis with minimal guidance and errors
- Assist with the preparation of rating committee materials, rating reports and press releases
- Spreadsheet modelling of debt issuers' historic results and financial projections
- Develop understanding and experience with required legal documentation
- Develop client-communication skills with increasing client interaction over time
- Track key economic indicators for major industry trends and various asset performance indices
- Research industry and asset class commentaries and reports
- Ensure compliance with regulatory and company policies and procedures
- Examine and analyze financial records and data to ensure accuracy in internal systems
Qualifications
- Undergraduate or Master's Degree in business, finance or a related analytical field of study
- Minimum of 2 years related experience
- Strong analytical abilities and extensive knowledge of financial statements
- Understand of corporate credit analysis, including relevant credit metrics
- Detail-oriented research abilities
- Advanced knowledge of Microsoft Excel
If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.
About Us
Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world.
Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Our approach and size allow us to be nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service.
Morningstar DBRS is the next generation of credit ratings.
Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That's why we champion your wellness through a wide-range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
- Financial Health
- 75% 401k match up to 7%
- Stock Ownership Potential
- Company provided life insurance - 1x salary + commission
- Physical Health
- Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
- Additional medical Wellness Incentives - up to $300-$600 annual
- Company-provided long- and short-term disability insurance
- Emotional Health
- Trust-Based Time Off
- 6-week Paid Sabbatical Program
- 6-Week Paid Family Caregiving Leave
- Competitive 8-24 Week Paid Parental Bonding Leave
- Adoption Assistance
- Leadership Coaching & Formal Mentorship Opportunities
- Annual Education Stipend
- Tuition Reimbursement
- Social Health
- Charitable Matching Gifts program
- Dollars for Doers volunteer program
- Paid volunteering days
- 15+ Employee Resource & Affinity Groups
Base Salary Compensation Range
$90,000.00 - $120,000.00
Bonus Target %
15
If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.
Morningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, we've found that we're at our best when we're purposely together on a regular basis, typically three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.
R06_DBRSInc DBRS, Inc. - US Legal Entity
Top Skills
What We Do
At Morningstar, we believe in building great products in-house in a highly collaborative, agile environment where we focus on technical excellence, the user experience, and continuous improvement. Our technologists represent a range of skills and experience levels, but they all view their work as a craft and push technology’s boundaries.
Why Work With Us
Imagining big things is in our blood -- it's transformed us from a company with just a few employees in 1984 to a leading independent investment research company with a worldwide presence today. As of April 2020, we acquired Sustainalytics to drive long-term meaningful outcomes for investors in the ESG space. Join us on this exciting journey!
Gallery
Morningstar Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.