Analyst, Credit Ratings - Financial Institutions Group (FIG)

R08_DBRSLtdCanada DBRS Limited - Canada Legal Entity; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading credit rating agency is seeking a Financial Analyst to support lead analysts in monitoring credit ratings of North American financial institutions. Responsibilities include financial statement analysis, assisting in rating committee preparations, and ensuring compliance of publications. Ideal candidates will have a degree in finance or related fields, Excel proficiency, and strong communication skills. The role offers a hybrid work environment.

Benefits

Hybrid work environment

Flexible benefits

Qualifications

• Professional or academic experience in credit analysis of financial institutions is preferred.
• Produce detailed work in a dynamic environment.
• Positive attitude and a curious mind.

Responsibilities

• Performing financial statement analysis.
• Assisting lead analysts with analytical materials for rating committee.
• Ensuring compliance of publications with regulatory requirements.

Skills

Numeracy and proficiency in Microsoft Excel

Excellent communication skills in English

Ability to manage multiple projects

Basic programming skills

Fluency in French

Education

Degree in economics, finance, statistics, accounting or related field

Graduate degree and/or working toward a CFA designation

Tools

Databases

Job description

Overview

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

• 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