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).
This 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 and Structured Finance.
Degree in business, economics, engineering or a related discipline preferred.
Strong knowledge of project finance, structured finance, and financial markets.
Excellent analytical skills and attention to detail.
Solid corporate finance and financial statement analysis capabilities.
Experience reviewing legal contracts and financial agreements.
Strong written and verbal communication skills.
Proven ability to collaborate effectively in team environments.
Willingness to travel as required.
Experience in broader PPP and infrastructure industry is a plus.
Previous rating agency experience is a plus.
Completion of the CFA or MBA program is a plus.
EUR 94,400.00-137,467
Bonus Target:
25% Annual
Base Salary Compensation Range0.00-0.00Bonus Target:
We expect the compensation and target bonus for this role to fall within the stated range. The specific compensation offered will depend on the candidate’s qualifications, experience, and other job-related factors.
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.
Skills Required
- Minimum of 7 years of applicable financial analysis experience with specific credit experience in Project Finance and Structured Finance.
- Degree in business, economics, engineering or a related discipline.
- Strong knowledge of project finance, structured finance, and financial markets.
- Excellent analytical skills and attention to detail.
- Solid corporate finance and financial statement analysis capabilities.
- Experience reviewing legal contracts and financial agreements.
- Strong written and verbal communication skills.
- Proven ability to collaborate effectively in team environments.
- Willingness to travel as required.
- Experience in broader PPP and infrastructure industry.
- Previous rating agency experience.
- Completion of the CFA or MBA program.
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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