Analyst, Credit Ratings - Financial Institutions Group (FIG)
About the role
Reporting to the Senior Vice President – Sector Lead, the Financial Analyst, Credit Ratings will be responsible for supporting lead analysts in assigning and monitoring credit ratings of North American banks, insurance companies, pension funds, investment management companies, and non-bank financial institutions. The Financial Analyst will also assist with the publication of press releases and rating reports for North American financial institutions. In addition, the Financial Analyst will participate in various on-going projects within the North American FIG team and assist with topical research commentaries.
Responsibilities will include:
- Performing financial statement analysis
- Assisting lead analysts with preparing analytical materials for rating committee and for the monitoring of existing ratings.
- Writing minutes at rating committees and updating internal databases to reflect committee decisions
- Overseeing the publishing aspects with regards to the publication of press releases and rating publications on a timely basis
- Ensuring compliance of publications with regulatory requirements
This position may require infrequent North American travel.
Qualifications:
- Degree in economics, finance, statistics, accounting or related field. A graduate degree and/or working toward a CFA designation is preferred
- Numeracy and proficiency in Microsoft Excel and data bases is essential
- Some professional or academic experience in credit analysis of financial institutions is preferred
- Ability to manage multiple projects, work closely with others as well as independently, and produce detailed work in a dynamic environment
- Excellent communication skills in English. Fluency in French is beneficial.
- Must bring a positive attitude, good energy, a curious mind, and a desire to learn proper fundamental credit analysis of a variety of types of financial institutions
- Basic programming skills could be useful and may enable you to creatively support data investigations with fresh ideas
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 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.
R08_DBRSLtdCanada DBRS Limited - Canada Legal Entity
About Us
How to Apply for a Job at Morningstar
Step 1
When you find a position you're interested in, attaching your resume and cover letter in the approved format. Read the job requirements carefully and make sure to attach writing or design samples as required. Applicants must submit their resume and other information through our corporate website to be considered for a job at Morningstar. No phone calls, please.
Step 2
You will receive an email notification to confirm that we've received your application.
Step 3
If you are called in for an interview, a representative from Morningstar will contact you to set up a date, time, and location. Be prepared for a rigorous interview process. To make sure you're a good fit for Morningstar and we're a good fit for you, we'll schedule time for you to meet with multiple staff members at all levels of the company. Expect to return for multiple interviews as part of the process. A representative from Morningstar will contact you with the results of your interview—either with a job offer or to let you know our plans for the position.
Applicants With Disabilities Who Need Accommodation
Morningstar is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please call +1 312 384-3900 or email
and let us know the nature of your request and your contact information.
Please note:
- We only accept calls from applicants who need accommodation related to a disability. Please, no calls with unrelated questions or requests.
- Please be sure to include the title and location of the open position you’re interested in when you leave a message.
US Applicants: Morningstar is an E-Verify program participant.
Learn more:
- This Organization Participates in E-Verify (English)
- This Organization Participates in E-Verify (Spanish)
- Right to Work (English)
- Right to Work (Spanish)
- EEO is the Law
- Pay Transparency Notice
Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.
About Morningstar
Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and solutions that serve a wide range of market participants, including individual and institutional investors in public and private capital markets, financial advisors and wealth managers, asset managers, retirement plan providers and sponsors, and issuers of fixed-income securities. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $328 billion in AUMA as of Sept. 30, 2024. The Company operates through wholly-owned subsidiaries in 32 countries.
Analyst, Credit Ratings - Financial Institutions Group (FIG)
About the role
Reporting to the Senior Vice President – Sector Lead, the Financial Analyst, Credit Ratings will be responsible for supporting lead analysts in assigning and monitoring credit ratings of North American banks, insurance companies, pension funds, investment management companies, and non-bank financial institutions. The Financial Analyst will also assist with the publication of press releases and rating reports for North American financial institutions. In addition, the Financial Analyst will participate in various on-going projects within the North American FIG team and assist with topical research commentaries.
Responsibilities will include:
- Performing financial statement analysis
- Assisting lead analysts with preparing analytical materials for rating committee and for the monitoring of existing ratings.
- Writing minutes at rating committees and updating internal databases to reflect committee decisions
- Overseeing the publishing aspects with regards to the publication of press releases and rating publications on a timely basis
- Ensuring compliance of publications with regulatory requirements
This position may require infrequent North American travel.
Qualifications:
- Degree in economics, finance, statistics, accounting or related field. A graduate degree and/or working toward a CFA designation is preferred
- Numeracy and proficiency in Microsoft Excel and data bases is essential
- Some professional or academic experience in credit analysis of financial institutions is preferred
- Ability to manage multiple projects, work closely with others as well as independently, and produce detailed work in a dynamic environment
- Excellent communication skills in English. Fluency in French is beneficial.
- Must bring a positive attitude, good energy, a curious mind, and a desire to learn proper fundamental credit analysis of a variety of types of financial institutions
- Basic programming skills could be useful and may enable you to creatively support data investigations with fresh ideas
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 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.
R08_DBRSLtdCanada DBRS Limited - Canada Legal Entity
About Us
How to Apply for a Job at Morningstar
Step 1
When you find a position you're interested in, attaching your resume and cover letter in the approved format. Read the job requirements carefully and make sure to attach writing or design samples as required. Applicants must submit their resume and other information through our corporate website to be considered for a job at Morningstar. No phone calls, please.
Step 2
You will receive an email notification to confirm that we've received your application.
Step 3
If you are called in for an interview, a representative from Morningstar will contact you to set up a date, time, and location. Be prepared for a rigorous interview process. To make sure you're a good fit for Morningstar and we're a good fit for you, we'll schedule time for you to meet with multiple staff members at all levels of the company. Expect to return for multiple interviews as part of the process. A representative from Morningstar will contact you with the results of your interview—either with a job offer or to let you know our plans for the position.
Applicants With Disabilities Who Need Accommodation
Morningstar is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please call +1 312 384-3900 or email
and let us know the nature of your request and your contact information.
Please note:
- We only accept calls from applicants who need accommodation related to a disability. Please, no calls with unrelated questions or requests.
- Please be sure to include the title and location of the open position you’re interested in when you leave a message.
US Applicants: Morningstar is an E-Verify program participant.
Learn more:
- This Organization Participates in E-Verify (English)
- This Organization Participates in E-Verify (Spanish)
- Right to Work (English)
- Right to Work (Spanish)
- EEO is the Law
- Pay Transparency Notice
Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.
About Morningstar
Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and solutions that serve a wide range of market participants, including individual and institutional investors in public and private capital markets, financial advisors and wealth managers, asset managers, retirement plan providers and sponsors, and issuers of fixed-income securities. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $328 billion in AUMA as of Sept. 30, 2024. The Company operates through wholly-owned subsidiaries in 32 countries.