The analyst will model and analyze financials, assist in assessing business risks, participate in rating discussions, and produce reports.
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:
Qualifications:
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 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
Similar Jobs at Morningstar
2 Hours Ago
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
The Assistant Vice President will oversee editorial quality, manage a team of editors, standardize workflows, and lead AI adoption in content creation.
Top Skills:
Ai Tools
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Lead the technical direction for a cloud-native data engineering platform, architecting data pipelines and mentoring engineers while ensuring data governance and performance optimization.
Top Skills:
Apache IcebergAWSAzureDatabricksDelta LakeDockerDuckdbGCPKubernetesPysparkPythonRedshiftSnowflakeSparkSQL
2 Hours Ago
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
The Assistant Vice President, Content oversees high-quality content development, team management, quality control, workflow operations, and supports AI tool adoption in Credit Marketing & Communications.
Top Skills:
Ai-Enable ToolsWriting Best Practices
What you need to know about the Toronto Tech Scene
Although home to some of the biggest names in tech, including Google, Microsoft and Amazon, Toronto has established itself as one of the largest startup ecosystems in the world. And with over 2,000 startups — more than 30 percent of the country's total startups — Toronto continues to attract new businesses. Be it helping entrepreneurs manage their finances, simplifying business operations by automating payroll or assisting pharmaceutical companies in launching new drugs, the city's tech scene is just getting started.

