About the Role
The Global Project Finance & Infrastructure Finance team seeks a motivated individual to support the North American portfolio, performing financial statement analysis, using financial models, and drafting rating reports.
Responsibilities
- Monitor and lead a diverse portfolio of project finance ratings – surveillance and new ratings.
- Attend issuer and investor meetings with the Sector Lead(s) and other analysts.
- Build on existing knowledge of the industry and further expand the network.
- Produce timely, high-quality credit reports, research notes and commentaries on rated entities.
- Manage extensive spreadsheets on rated entities.
- Contribute to the development and maintenance of relationships with fixed-income investors.
- Analytically support business development initiatives.
- Contribute to the refinement of methodologies, research products and rating approaches.
- Contribute to the delivery of timely and innovative topical research.
Requirements
- 4-7 years of experience as a financial analyst (preferably in credit), with a minimum of 3 years experience related to Project and Infrastructure Finance.
- Degree in business, economics, commerce, engineering or a related discipline.
- Solid research, analytical and financial modelling skills, with a high attention to detail.
- Experience in reviewing financing agreements and legal contracts from a credit point of view.
- Strong communication skills, both oral and written.
- Self-starter and strong team player.
- Demonstrated ability to work in a fast-paced environment.
- Completion of, or demonstrated progress towards the CFA program is preferred.
- Experience in public-private partnerships and/or diversified industries (i.e. Utilities, Independent Power Producers) is an asset.
- Previous rating agency experience is an asset.
Skills
- Financial statement analysis
- Financial modeling
- Credit analysis
- Research
- Analytical skills
- Attention to detail
- Reviewing financing agreements
- Reviewing legal contracts
- Communication skills
- Team player
Location
- Toronto
Work Type
- Hybrid
Experience Level
- 4-7 years
Education Level
- Bachelor's degree in business, economics, commerce, engineering or a related discipline
- CFA program completion or progress is preferred
Salary/Compensations
- Base Salary Range - $82,500 CAD - $120,000 CAD
- Target Bonus - 20%
Benefits
- Range of other benefits are also available to enhance flexibility as needs change.
About the Company
- 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.
Equal Opportunity
- 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.
