Energy & Natural Resources Ratings, Senior Analyst – Toronto
The Energy & Natural Resources Ratings group is seeking a highly motivated corporate credit rating analyst to join its team in Toronto as a Senior Analyst.
The successful candidate will be responsible for working on corporate credit ratings in the Mining, Forestry, Regulated Utilities, Oil & Gas, Pipeline and Midstream sectors. The position involves performing financial statement analysis, building financial forecasts, preparing rating committee materials, helping lead analysts recommend rating actions at rating committees, and preparing/publishing press releases and rating reports. The position also involves publishing commentaries and/or research pieces on issues that affect the sector. Experience and knowledge of companies operating in any of the Mining, Forestry, Regulated Utilities, Oil & Gas, Pipeline and Midstream sectors and/or prior rating agency experience would be a key asset.
Job Responsibilities
- Assist the lead analyst in covering a diverse portfolio of Mining, Forestry, Regulated Utilities, Oil & Gas, Pipeline and Midstream ratings – both surveillance and new ratings.
- Analyze and assess the credit worthiness of corporate issuers in the relevant sectors.
- Communicate analytical findings and recommendations at rating committees.
- 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.
Qualifications
- 2+ years of business experience in credit, financial services and/or with companies operating in the Oil & Gas, Pipeline and Midstream sectors.
- MBA / CFA or Masters with a finance discipline is preferred.
- University degree in accounting, business, economics, and/or engineering.
- Skilled in the use of Microsoft Excel, Power Point and Word.
- Solid analytical and financial 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.
- Previous rating agency experience is an asset.
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.
R08_DBRSLtdCanada DBRS Limited - Canada Legal EntitySkills Required
- 2+ years of business experience in credit, financial services and/or with companies operating in the Oil & Gas, Pipeline and Midstream sectors
- MBA, CFA or Masters with a finance discipline
- University degree in accounting, business, economics, and/or engineering
- Skilled in the use of Microsoft Excel, PowerPoint and Word
- Solid analytical and financial modelling skills with high attention to detail
- Strong communication (verbal and written), presentation, and interpersonal skills
- Self-starter and team player with ability to work in a fast-paced environment
- Previous rating agency experience
Morningstar Compensation & Benefits Highlights
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Leave & Time Off Breadth — A recurring paid sabbatical every four years and flexible time off in North America provide substantial time away from work. A global minimum of six weeks’ paid caregiving leave further extends coverage for personal and family needs.
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Parental & Family Support — Paid parental leave sets a stated global minimum of 16 weeks for primary caregivers and up to eight weeks for secondary caregivers, with adoption assistance reimbursing eligible expenses. These policies are positioned as global standards that complement broader leave programs.
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Equity Value & Accessibility — Employees can convert a portion of bonuses or commissions into RSUs with an additional company match on the converted amount. Impact RSU awards in some cases add further upside tied to strong performance.
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