Data Research Analyst

Morningstar Credit Ratings, LLC; Toronto; Hybrid; CAD 47,000 - 70,000; Full time

Job summary

Morningstar DBRS is seeking a Data Research Analyst to join the Data Management team in Toronto, supporting Structured Finance security mappings and enterprise data initiatives. You will ensure the accuracy, completeness, and timeliness of critical ratings and regulatory datasets, while contributing to data governance and AI‑ready data standards across the organization.

This role offers exposure to fixed income data and AI / Data governance functions and works closely with global stakeholders

Qualifications

• Bachelor’s degree in Business, Economics, Finance, Data Science or Management Studies.
• 1–3 years of experience in data governance, data operations, analytics, or financial services.
• Strong attention to detail and ability to work with time-sensitive, high-quality data.
• Proven ability to analyze, reconcile, and validate datasets from multiple sources.
• Proficiency in Microsoft Excel; experience with databases or SQL is an asset.
• Strong written and verbal communication skills, with the ability to collaborate across teams.

Responsibilities

• Perform Structured Finance security mappings, ensuring accuracy and completeness of identifiers.
• Execute daily data quality controls across production datasets, including pre‑publication validations and reconciliations against external sources.
• Contribute to data governance and AI ready initiatives, including population and maintenance of metadata, data dictionary, and mapping out data lineage.
• Investigate, resolve, and document data issues in collaboration with internal stakeholders.
• Support regulatory and reporting processes, including execution of data quality checks aligned to regulatory standards.
• Reconcile regulatory datasets and reporting outputs to ensure consistency and compliance.

Skills

Excel proficiency

SQL knowledge

Attention to detail

Communication skills

Data governance experience

Structured Finance knowledge

Education

Bachelor's degree in Business, Economics, Finance, Data Science or Management Studies

Tools

SQL

Excel

Job description

The Role Morningstar DBRS is seeking a Data Research Analyst to join our Data Management team supporting Structured Finance security mappings and enterprise data initiatives. This role is responsible for ensuring the accuracy, completeness, and timeliness of critical ratings and regulatory datasets, while contributing to broader data governance and AI‑ready data standards across the organization. This position offers exposure to fixed income data and AI / Data governance functions and works closely with global stakeholders across Data, Credit Operations, and Technology teams.

The Responsibilities

• Perform Structured Finance security mappings, ensuring accuracy and completeness of identifiers.
• Execute daily data quality controls across production datasets, including pre‑publication validations and reconciliations against external sources.
• Contribute to data governance and AI ready initiatives, including population and maintenance of metadata, data dictionary, and mapping out data lineage.
• Investigate, resolve, and document data issues in collaboration with internal stakeholders.
• Support regulatory and reporting processes, including execution of data quality checks aligned to regulatory standards.
• Reconcile regulatory datasets and reporting outputs to ensure consistency and compliance.

The Requirements

• Bachelor’s degree in Business, Economics, Finance, Data Science or Management Studies
• 1–3 years of experience in data governance, data operations, analytics, or financial services
• Strong attention to detail and ability to work with time‑sensitive, high‑quality data
• Proven ability to analyze, reconcile, and validate datasets from multiple sources
• Proficiency in Microsoft Excel; experience with databases or SQL is an asset
• Strong written and verbal communication skills, with the ability to collaborate across teams

The Preferred Qualifications

• Experience related to Structured Finance, credit ratings, or capital markets data
• Experience with data governance, metadata, or data quality frameworks
• Experience working with AI initiatives and projects

Base Salary Compensation Range $47,476.00-$69,634.66

Incentive Target Percentage 7.5%

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.

R06_DBRSInc DBRS, Inc. - US Legal Entity

Company overview

Morningstar DBRS is a leading provider of independent credit rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally. We are one of the top four credit rating agencies in the world and a market leader in Canada, the U.S., and Europe in multiple asset classes.

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.