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Morningstar

Analyst, Corporate Ratings (Diversified Industries Team)

Posted 21 Days Ago
Hybrid
Toronto, ON, CAN
Junior
Hybrid
Toronto, ON, CAN
Junior
The analyst will model and analyze financials, assist in assessing business risks, participate in rating discussions, and produce reports.
The summary above was generated by AI
The Role:
Morningstar DBRS's Corporate Ratings Diversified Industries team is looking for a highly motivated individual with strong analytical skills and a deep desire to learn. Working closely with more senior analysts, the successful candidate will be part of all aspects of the credit ratings process of corporate borrowers across multiple industries covered under our Global Methodology for Rating Companies in Diversified Industries, domiciled in Canada and the United States.
This position is based in our Toronto Canada office.
Key Responsibilities:
  • Model and analyze historic and forecast financials for issuers in the Diversified Industries

  • Assist in assessing issuer's business and industry risk, including ESG risks

  • Assist with the review of debt and other legal documents and evaluating corporate structures

  • Actively participate at rating committee

  • Draft and organize rating committee packages

  • Produce credit rating reports, press releases, research notes and industry studies

  • Attend discussions with capital market participants, including investors and issuer's executive management teams

  • Ensure compliance with regulatory and company policies and procedures

Qualifications:
  • Bachelor's degree in business, finance, economics, or other relevant discipline. Completion or partial completion of a professional designation, such as the CFA, viewed as an asset

  • 0 to 2 years of relevant experience in capital markets, excluding internships

  • Highly motivated with a positive attitude, exceptional work ethic and willingness to learn

  • Strong understanding of financial statement dynamics and accounting concepts, including U.S. GAAP and IFRS accounting rules

  • Strong analytical and critical thinking skills

  • Excellent verbal and written communication skills

  • Strong inter-personal skills with a drive to make a meaningful contribution towards the team's success

  • Ability and flexibility to work well under pressure, manage multiple tasks and deliver results against tight deadlines while maintaining an exceptional level of attention to detail

  • Highly skilled in the use of Microsoft Excel, Word and Power Point

Compensation
Base Salary Range - $51,000 CAD - $67,000 CAD
Targe Bonus - 10%
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

Morningstar Toronto, Ontario, CAN Office

181 University Avenue, Toronto, ON, Canada, M5H 3M7

Morningstar Toronto, Ontario, CAN Office

1 Toronto Street, Toronto, Ontario, Canada, M5C 2W4

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