Be an Early Applicant
Empowering Investor Success
The Role
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
Qualifications
Base Salary Compensation Range
EUR 98,400.00-149,062
Bonus Target:
25% Annual
Base Salary Compensation Range
0.00-0.00
Bonus 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.
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.
Base Salary Compensation Range
EUR 98,400.00-149,062
Bonus Target:
25% Annual
Base Salary Compensation Range
0.00-0.00
Bonus 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.
What the Team is Saying
Anna
Team Lead of Software Engineering
Upasna
Software Engineer, Data Collections - AI R&D
Saurabh
Senior Software Engineer
Wendell
Head of Sales, Institutional Equity Research
Raaghavendar
Associate Software Engineer
Jeff
Head of Technology and Product
Brandon
Senior Video and Media Production Manager
Kunal Kapoor
CEO
Elizabeth Collins
Chief Strategy Officer
Marie Trzupek Lynch
Chief People Officer
Rod Diefendorf
President and Chief Operating Officer
Christine
Director of Personal Finance and Retirement Planning
Morningstar Compensation & Benefits Highlights
-
Leave & Time Off Breadth — Policies include a paid sabbatical every four years and flexible PTO covering vacation, sick, and personal days, alongside paid volunteer time. Feedback suggests these features create meaningful flexibility and rest opportunities beyond standard leave plans.
-
Parental & Family Support — A global minimum of 16 weeks paid parental leave for primary caregivers (up to 8 weeks for secondary) and at least six weeks of paid caregiving leave are publicly stated, with adoption assistance also available. These provisions indicate robust support for families during key life events.
-
Retirement Support — U.S. materials document a 401(k) match of $0.75 per $1 up to 7% of pay and no‑cost access to Morningstar retirement tools. This combination strengthens long‑term savings and planning for employees.
Morningstar Insights
Similar Jobs
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.
Success! Refresh the page to see how your skills align with this role.
The Company
What We Do
At Morningstar, we believe in building great products in-house in a highly collaborative, agile environment where we focus on technical excellence, the user experience, and continuous improvement. Our technologists represent a range of skills and experience levels, but they all view their work as a craft and push technology’s boundaries.
Why Work With Us
Imagining big things is in our blood -- it's transformed us from a company with just a few employees in 1984 to a leading independent investment research company with a worldwide presence today. As of April 2020, we acquired Sustainalytics to drive long-term meaningful outcomes for investors in the ESG space. Join us on this exciting journey!
Gallery
Morningstar Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Typical time on-site:
3 days a week
Global Headquarters
Ambler, Pennsylvania
Amsterdam - De Oliphant
Bucuresti, Bucuresti
Cape Town, Western Cape
Dubai
Edinburgh, Scotland
Frankfurt - Junghofstraße
Frankfurt - Neue Mainzer Straße
New Delhi
Hong Kong
London - Oliver's Yard
London - Saffron House
Madrid, Comunidad de Madrid
Milano, Lombardia
Mumbai - Platinum Park
Mumbai - Vishwaroop
New York - Broadway
New York - Park Ave
Paris, Ile-de-France
San Francisco, California
PitchBook US Headquarters
Sham Chun Hu, Guangdong
Singapore, Singapore
Stockholm - Birger Jarlsgatan
Sydney - International Tower
Timisoara, Timis
Tokyo - Minato-ku
Toronto, ON
Zürich, Zurich
Learn more
