Vice President, Financial Institution Ratings - U.S. Banks

Posted 2 Days Ago
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New York, NY
Hybrid
110K-205K Annually
Senior level
Enterprise Web • Fintech • Financial Services
The Role
Lead credit analyst responsible for analyzing U.S. banks, participating in rating committees, and preparing reports. Strong communication and analytical skills required.
Summary Generated by Built In

The Role:
Morningstar DBRS is seeking an experienced full-time senior credit analyst to join its Financial Institution Ratings team in New York. The individual will have lead and backup analyst responsibilities on a portfolio of U.S. banks. The position will report to the Sector Lead. Candidates with minimum of seven years of experience in financial institutions credit analysis gained from a rating agency or financial institution or related experience will be given priority.
Responsibilities:
The successful candidate will be part of an experienced and growing team of professionals responsible for analyzing financial institutions, primarily banks, in the U.S. The analyst's main responsibilities will be to act as a lead analyst in managing a portfolio of issuers, including ongoing analysis and surveillance, participate in rating committees and attend issuer meetings. Ancillary activities will include participating in cross-team initiatives across the Fundamental Ratings group, which also includes our Corporate Finance and Sovereign ratings teams.
The analyst will be required to have both solid financial industry and specific issuer/financial sector knowledge; strong financial statement analytical abilities and spreadsheet skills, excellent verbal and written communications skills. The analyst will also prepare and deliver rating committee presentations and publish press releases, rating reports and insightful topical research of high quality and regular cadence in order to materially contribute to Morningstar DBRS's Thought Leadership goals. Strong client facing skills will be expected and it is anticipated that over time, the analyst will be interacting with media outlets in various capacities to share credit opinions.
Highly motivated candidates who are self-starters with a strong work ethic and who have the following skills will be paid particular attention: strong writing, quantitative and presentation skills; knowledge of the U.S. financial system; and experience working under pressure in a close-knit team in the field of financial institution analysis, bank ratings or bank debt capital markets.
Qualifications:

  • Undergraduate degree in business, finance or a closely related field.
  • Masters degree and CFA are a plus
  • Minimum of seven years of experience in bank/and or financial institution credit analysis or directly related field
  • Excellent business writing, communication and analytical capacity
  • Strong interpersonal skills, including the ability to proactively build an internal network across our Fundamental Ratings team, especially with respect to our European and Canadian banking teams, in order to facilitate the sharing of ideas and generate collaborative research.
  • Team player with demonstrated ability to work in a fast-paced environment
  • Willingness to travel as required
  • Bloomberg skills a plus


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 USD Annual
Bonus Target %
30% Annual
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
Hybrid Workplace
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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