About the role: The successful candidate will work on a variety of transactions as a lead analyst within project and infrastructure finance including bespoke project financings (e.g. technology infrastructure, large industrial equipment leases, stadiums, etc.) and broader infrastructure mandates (PPPs, toll roads, airports, container terminals, ports, utilities). The role involves assessment of the business and project risk factors, performing financial statement analysis, using financial models, drafting rating reports and press releases, including the compilation of rating committee materials. The successful candidate will also be managing the relationships with issuers and bankers as required and ensuring the provision of high quality and timely topical research.
Job responsibilities:• Assess credit worthiness and maintain rating opinions of various project finance and infrastructure issuers.• Develop a deep understanding of the methodologies and criteria for the sectors under coverage.• Lead external meetings and internal rating committees.• Analytically support business development initiatives.• 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.• Respond to inquiries from investors and media representatives.• Contribute the refinement of research products and rating approaches.
Qualifications: • Minimum of 7 years of applicable financial analysis experience, with specific credit experience related to Project Finance or Infrastructure Finance.• Degree in business, economics, engineering or a related discipline preferred.• Solid project finance, infrastructure and financial markets knowledge.• Strong analytical 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 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.
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 received 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.
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