Senior Vice President - Project Finance

Morningstar; New York (NY); On-site; USD 149,357 - 236,166; Full time

Benefits offered by this job

401(k) match

Stock ownership potential

Company-provided life insurance

Comprehensive health benefits

Disability insurance

Sabbatical program

Parental leave

Tuition reimbursement

Wellness incentives

Volunteer days

Employee resource groups

Job summary

Morningstar DBRS seeks a senior analyst with 10+ years in credit analysis to join its Project Finance team in New York. Lead portfolio management across power and energy-related assets, drafts rating reports, mentors junior staff, and presents at rating committees.

Strong candidates will have project finance experience in a ratings context and robust communication skills. Responsibilities include developing sector methodologies, managing issuer relationships, and delivering high-quality research

Qualifications

• 10+ years of applicable financial analysis experience with project finance exposure.
• Experience from other ratings agencies, Infrastructure Advisory or Buyside Credit is a strong asset.
• Proven leadership skills with coaching and team management.
• Strong analytical and research skills with attention to detail.
• Experience in legal review of contracts and financial agreements.
• Excellent written and verbal communication; team player qualities.

Responsibilities

• Assess creditworthiness and maintain rating opinions for issuers.
• Develop understanding of sector methodologies and contribute to sector criteria.
• Lead methodology development and produce rating reports and research notes.
• Publish topical research and industry studies; present at rating committees.
• Mentor junior analysts and manage issuer and banker relationships.
• Represent DBRS Morningstar externally at conferences and with regulators.

Skills

Credit analysis

Project finance

Leadership

Mentoring

Financial modeling

Issuers relations

Regulatory knowledge

Education

Bachelor's degree in business, economics, engineering or related discipline

CFA or MBA program

Job description

Morningstar DBRS is seeking an experienced individual with 10+ years of experience in credit analysis to join its Project Finance team based in New York. Reporting to the Managing Director, Energy & Natural Resources and US Asset Finance, the successful candidate will manage a growing portfolio of U.S. based projects, working closely with members of the team on a broad range of asset classes within project finance and infrastructure finance.

About the Role

The successful candidate will work on a variety of transactions and asset classes as a lead analyst within project and infrastructure finance across the power and energy-related sectors (gas, wind, solar, hydro generation), bespoke project financings (telecommunications, digital infrastructure, equipment leases, stadiums, etc.) and broader infrastructure financings (including public-private partnerships, airports, container terminals and ports). The role involves performing financial statement analysis, using financial models, drafting rating reports and press releases, including compilation of rating committee materials and presenting at rating committees. The successful candidate will also be responsible for mentoring and coaching junior analysts, managing the relationships with issuers and bankers as required and ensuring the provision of high quality and timely topical research.

Responsibilities

• Assess credit worthiness and maintain rating opinions of various issuers.
• Develop a deep understanding of the methodologies and criteria for the sector.
• Contribute to the methodology development for the sector(s).
• Produce timely, high-quality credit reports, research notes and commentaries on rated entities.
• Lead the development of innovative topical research and publication of related industry studies and commentaries.
• Build and maintain relationships with issuers and investors.
• Represent DBRS Morningstar externally at conferences, with media, and on occasion with regulators.
• Lead external meetings and internal rating committees.
• Respond to inquiries from investors and media representatives.Analytically support business development initiatives.
• Lead the refinement of research products and rating approaches.
• Mentor and coach junior analysts.

Qualifications

• 10+ years of applicable financial analysis experience, with specific credit experience related to Project Finance.
• Experience from other ratings agencies, Infrastructure Advisory, Bank Project Finance Credit Teams or Buyside Credit strongly preferred.
• Proven leadership skills with the ability to develop, coach and manage a team.
• Degree in business, economics, engineering or a related discipline preferred.
• Solid power sector, infrastructure and financial markets knowledge.
• Strong research skills and focus on detail.
• Strong corporate finance and financial statement analytical abilities.
• Experience in legal review of contracts and financial agreements.
• Strong communication skills, both oral and written.
• Strong team player with demonstrated ability to work interactively in a team environment.
• Experience in broader PPP and infrastructure industry in the U.S is a strong asset.
• Previous rating agency experience is a strong asset.
• Completion of the CFA or MBA program is an asset.
• Willingness to travel as required.

Compensation & Benefits

Base Salary Compensation Range: $149,357.00 – $236,166.33. Incentive Target Percentage: 40% Annual.

• Financial Health:
  • 100% 401(k) match up to 6% of salary.
  • Stock Ownership Potential.
  • Company provided life insurance – 1x salary + commission.
• Physical Health:
  • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500–$2,000 annually) for specific plans and coverages.
  • Additional medical Wellness Incentives – up to $300–$600 annual.
  • Company-provided long- and short-term disability insurance.
• Emotional Health:
  • Trust-Based Time Off.
  • 6-week Paid Sabbatical Program.
  • 6-Week Paid Family Caregiving Leave.
  • Competitive 8-24 Week Paid Parental Leave.
  • Adoption Assistance.
  • Leadership Coaching & Formal Mentorship Opportunities.
  • Annual Flex Stipend – $1,000 annually to cover personal education & well-being expenses.
  • Tuition Reimbursement.
• Social Health:
  • Charitable Matching Gifts program.
  • Dollars for Doers volunteer program.
  • Paid volunteering days.
  • 15+ Employee Resource & Affinity Groups.

Hybrid Work Environment

Morningstar’s hybrid work environment gives you the opportunity to collaborate in-person each week. 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.