Assistant Vice President, Corporate Ratings, Credit Estimates - Toronto, Canada - Morningstar

    Morningstar
    Default job background
    Full time
    Description

    The Role

    Morningstar DBRS' Corporate Ratings team is seeking a highly motivated individual, with four to five years of expertise in corporate credit analysis, preferably with high-yield issuers, and strong analytical and interpersonal skills to join its team of specialists in Toronto as an Assistant Vice President. Working closely with the Team Leader and the other members of the Credit Estimates team, the successful candidate will be responsible for assessing the creditworthiness of mid-sized companies involved in various corporate sectors, as well as writing research reports and industry commentaries, researching various topics relevant to middle-market credits and interacting with various market participants.

    Responsibilities:

  • Assume coverage of a broad range of mid-sized companies and assist with new credit estimate assignments.
  • Apply financial and accounting principles to determine inputs for proprietary financial statement analysis tools.
  • Lead credit estimate discussions and help refine processes and research products.
  • Assist in preparation of written materials, produce timely, high-quality and insightful credit research and commentaries.
  • Build and maintain relationships with clients, investors and bankers.
  • Assist with client facing administrative and data collection processes.
  • Build and update related databases as required.
  • Qualifications:

  • Four to five years of experience in credit analysis or corporate lending.
  • Bachelor's degree in business, finance, economics or another relevant discipline. Completion of the CFA program is preferred.
  • Excellent knowledge of credit analysis and capital markets, preferably combined to a sound understanding of high-yield/mid-market credits.
  • Familiarity with the legal documentation associated with corporate debt issuance.
  • Strong research and analytical skills with a thorough knowledge of financial statements.
  • Excellent communication skills, both oral and written.
  • Self-starter and team player with demonstrated ability to work in a fast-paced environment.
  • 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.

    If you received 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.