Assistant Vice President, Credit Ratings, Diversified Industries (Energy & Utilities)

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Madrid, Comunidad de Madrid, ESP
Hybrid
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The Role
About the Role
The Global Corporates Rating Group is seeking a highly motivated corporate credit analyst to join its team in Madrid as an Assistant Vice President.
You'll be responsible for the coverage of a wide range of corporate credits in Europe, for performing financial statement analysis, building financial forecasts and preparing rating committee materials, press releases and rating reports and will develop a strong understanding of the overall credit analysis process.
You'll also be managing the relationships with issuers and bankers as required and ensuring the provision of high quality and timely topical research.
Please apply with an English resume.
Job Responsibilities
  • Assume coverage of existing corporate ratings, assess credit worthiness and maintain rating opinions of various issuers.
  • Perform and contribute to new rating assignments.
  • Manage the rating process including presenting recommendations to the rating committee.
  • Produce timely, high-quality rating reports, research notes and industry studies.
  • Build and maintain relationships with issuers, investors and bankers.
  • Provide transparent and timely service to rated issuers, investors and other market participants.
  • Contribute to the refinement of research products and rating methodologies.
  • Analytically support business development initiatives.

Qualifications
  • Minimum 5 up to 7 years of business experience, with experience in credit, finance and/or lending within the financial services industry.
  • University degree in accounting, business, economics or a related discipline.
  • Solid research, analytical and modelling skills, with a high attention to detail.
  • Strong communication (verbal and written), presentation and interpersonal skills.
  • Self-starter and team player with a demonstrated ability to work in a fast-paced environment.

Nice to have
  • Another European language such as Spanish, German or French is an asset.
  • Completion of the Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) program is a plus.

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.
R10_DBRSRtgsGmbHSpain DBRS Ratings GmbH Sucursal en España - Spain Legal Entity

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Morningstar Compensation & Benefits Highlights

  • Leave & Time Off Breadth — Time-off policies include flexible PTO and a paid sabbatical every four years, often highlighted as a standout perk. Feedback suggests this structure supports strong work–life balance and meaningful breaks.
  • Parental & Family Support — Policies advertise a global minimum of 16 weeks for primary caregivers, up to 8 weeks for secondary caregivers, and at least six weeks of paid caregiving leave. These offerings signal above-average support for family and caregiving needs.
  • Retirement Support — Retirement programs feature employer 401(k) contributions/matching, with some postings citing a 75% match on up to 7% of pay. Feedback suggests these offerings are a strong pillar of the package.

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HQ: Chicago, IL
11,500 Employees
Year Founded: 1984

What We Do

We are a global investment research and financial data company with 40-plus offices across North America, Europe, Australia, and Asia. Our products and services are used daily by individual investors, financial advisors, asset managers, retirement plan providers, and institutional investors. We provide data, research, and analysis across managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. The financial system can have real barriers—hidden information, friction that can slow decisions, and forces that can limit transparency and access. We work to remove them, bringing independent research, connected data, and investor-first tools to a system that needs more clarity. The people doing this work span research, technology, design, product, sales, and functional areas. We build many of our products in-house, so the work can connect directly to the tools investors use to make real financial decisions.

Why Work With Us

Morningstar’s missing is to empower investor success. We can only do that if our people feel empowered. That means finding people who think independently, bring a wide range of backgrounds with analytical rigor and genuine intellectual curiosity to the work.

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Across most of our offices globally, employees work four days a week in the office and one day from home. We recognize that life doesn't always fit a fixed schedule and offer programs that can help provided increased workplace flexibility.

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