Vice President, Credit Ratings, Sports Finance

Posted 9 Hours Ago
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New York, NY
Hybrid
95K-154K Annually
Senior level
Enterprise Web • Fintech • Financial Services
The Role
The Vice President of Credit Ratings in Project Finance at Morningstar leads the credit ratings process, oversees project finance initiatives, collaborates with teams on financial analysis, and ensures high-quality credit assessments. The role contributes to the company's growth and supports clients in making informed financial decisions.
Summary Generated by Built In

About the Role
The Sports Finance team of Morningstar DBRS is seeking a highly motivated individual with a minimum of eight (8) years of relevant experience in project finance and corporate credit analysis and a strong interest in sports to join the team in New York as a Vice President, Sports Finance.
Working closely with other analysts in the sports and project finance sector, the successful candidate will be responsible for maintaining market-leading coverage of the sports portfolio. The role involves assessing the creditworthiness of an existing portfolio of sports franchise, stadium and sports media related ratings, working on new mandates, contributing to methodology enhancements, producing insightful sector research and interacting with market participants. The analyst will also be expected to help with the North American coverage of other asset classes within project and infrastructure finance as needed.
This position reports to the Managing Director, Global Head of Asset Finance
Job Responsibilities

  • Perform company and industry research, financial statement analysis, prepare forecasts and assess management strategy to inform rating recommendations.
  • Produce timely, high-quality rating reports, press releases and commentaries on rated entities and industry sector trends.
  • Review documentation related to credit analysis including complex legal documents relating to project finance-like stadium and sports media financings.
  • Develop relationships with issuers, investors, intermediaries, and other stakeholders.
  • Represent DBRS Morningstar externally at conferences, with media, and on occasion with regulators.
  • Contribute to the development and refinement of existing rating methodologies.
  • Prepare rating committee materials and lead rating committee presentations.
  • Respond to inquiries from investors and media representatives.
  • Analytically support business development initiatives.
  • Lead the refinement of research products and rating approaches.
  • Mentor and coach junior analysts.
  • Adhere to rigorous regulatory requirements, including detailed record-keeping, training, and compliance with Morningstar DBRS policies and procedures.


Qualifications

  • Minimum of eight (8) years of relevant experience in credit, finance, banking and/or consulting; experience in project finance credit analysis is a significant positive.
  • Knowledge and keen interest in global sports leagues, franchises, and stadium finance, including the NFL, NBA, MLB, NHL, MLS, and European football.
  • Solid knowledge of IFRS accounting.
  • Strong research and analytical skills, with great attention to detail.
  • Strong inter-personal skills and communication skills, both oral and written.
  • Self-starter and strong team player, with the ability to meet deadlines while maintaining attention to detail and producing high quality work.
  • Bachelor's and/or Master's degree in commerce, business, economics, or other relevant discipline.
  • Completion of CFA program is preferred.
  • Advanced knowledge of Microsoft Excel, Word and Power Point
  • Strong research skills and focus on detail.
  • Strong corporate finance and financial statement analytical abilities.
  • Experience in legal review of contracts and financial agreements.
  • Experience in broader project finance and PPP industry in the U.S is a strong asset.
  • Previous rating agency experience is a strong asset.
  • Effective communication skills in other languages such as in Spanish, French and/or Italian (both oral and written) is beneficial but not required.
  • Willingness to travel as required.


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
$110,000.00 - $205,000.00
Bonus Target %
30.15
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

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The Company
HQ: Chicago, IL
12,700 Employees
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Year Founded: 1984

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!

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