Vice President, Credit Ratings - Financial Institutions Group

Job summary

The Vice President will act as a lead analyst managing a portfolio of Canadian banks, credit unions, and non-bank financial institutions. Responsibilities include conducting ongoing surveillance, participating in rating committees, and publishing research reports and press releases.

Job details

Morningstar DBRS is seeking an experienced full-time Vice President to join its North American Financial Institution Ratings group in Toronto. The individual will have lead and backup analyst responsibilities on a portfolio of banks, non-bank financial institutions, and credit unions in Canada. Candidates with a minimum of seven to ten years of experience in financial institutions credit analysis gained from a rating agency or financial institution or related experience will be given priority. Job Responsibilities The successful candidate will be part of an experienced team of professionals responsible for analyzing banks, non-bank financial institutions, and credit unions in Canada. The analyst’s primary 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. 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, and strong research and writing skills. The analyst will also prepare rating committee presentations and publish press releases, rating reports, and related topical research. Strong client facing skills are expected and the lead analyst will be responsible for developing relationships with both issuers and investors. We are looking for highly motivated candidates who are self-starters, keen to learn and have a strong work ethic. Qualifications Undergraduate degree in business, finance or a closely related field. Masters degree, CPA and/or CFA are a plus Minimum of seven to ten 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 Team player with demonstrated ability to meet deadlines while maintaining attention to detail and producing high quality work Willingness to travel as required Bloomberg skills a plus Base Salary Compensation Range $109,489.00-160,711.00 Incentive Target Percentage 30% Annual 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 collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office 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

What you’ll do

The Vice President will act as a lead analyst managing a portfolio of Canadian banks, credit unions, and non-bank financial institutions. Responsibilities include conducting ongoing surveillance, participating in rating committees, and publishing research reports and press releases.

Requirements

Candidates need a bachelor's degree in business or finance and seven to ten years of experience in financial institution credit analysis. Strong analytical, writing, and interpersonal skills are required, with a CFA or CPA preferred.

Listed skills

• Client Relationship Management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Credit Analysis
• Financial Statement Analysis
• Spreadsheet Skills
• Business Writing
• Research
• Client Relationship Management
• Bloomberg
• Financial Modeling
• Risk Assessment
• Portfolio Management
• Ability To Meet Deadlines
• Ethical Standards And Conduct
• Strong Work Ethic
• Self-Motivation
• Analytical Skills
• Financial Institution
• Corporate Finance
• Investments
• Certified Public Accountant
• Chartered Financial Analyst
• Customer Service
• Communication
• Confidentiality
• Financial Services
• Financial Statements
• Interpersonal Communications
• Press Releases
• Presentations
• Structured Finance
• Writing
• Securities (Finance)
• Detail Oriented

Job areas

• Finance & Accounting
• Management & Leadership
• Consulting
• Financial Institution Specialist
• Vice President / Director of Finance
• Finance Managers
• Treasurers and Controllers
• Financial Managers

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