The Analyst will support lead analysts in managing portfolios, performing financial statement analysis, and assisting in credit report preparation.
About the Role
DBRS Morningstar is seeking a full-time Analyst to join its Global Financial Institutions Group in the New York Office. The successful candidate will be part of an experienced and growing team of professionals responsible for analyzing banks and other financial institutions. The Analyst's primary responsibility will be to support lead analysts in managing their portfolios including ongoing analysis and surveillance. Candidates with some experience in financial institution credit analysis or related experience will be given priority. Recent grads are welcome to apply.
Job Responsibilities• Develop a strong understanding of bank and non-bank financial institutions (NBFI)• Perform financial statement analysis• Build proficiency in credit analysis• Maintain industry data through ongoing research• Ensure compliance with regulatory and company policies and procedures• Assist with the preparation of rating committee materials and credit reports• Input data and assist with database management• Track key economic indicators and various asset performance indices• Research for industry/asset class commentaries and reports• Prepare and present internal assessments of certain companies• Assist with publishing Press Releases, Topical Research and Rating Reports authored by the FIG team
Qualifications• Undergraduate degree in business, finance or an analytical field of study• Masters, CFA or CFA program enrollment are a plus• Experience with analyzing financial statements• Demonstrated professional communication skills (both written and verbal)• Team player with the ability to meet deadlines while maintaining attention to detail and producing high quality work• Bank and/or non-bank financial institutions analysis experience is preferred• Bloomberg skills a plus• Highly motivated, self-starter who is keen to learn, has a positive attitude and a strong work ethic
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.
Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That's why we champion your wellness through a wide-range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
Base Salary Compensation Range
$73,000.00 - 97,000.00 USD Annual
Incentive Target Percentage
15% Annual
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 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.
R06_DBRSInc DBRS, Inc. - US Legal Entity
DBRS Morningstar is seeking a full-time Analyst to join its Global Financial Institutions Group in the New York Office. The successful candidate will be part of an experienced and growing team of professionals responsible for analyzing banks and other financial institutions. The Analyst's primary responsibility will be to support lead analysts in managing their portfolios including ongoing analysis and surveillance. Candidates with some experience in financial institution credit analysis or related experience will be given priority. Recent grads are welcome to apply.
Job Responsibilities• Develop a strong understanding of bank and non-bank financial institutions (NBFI)• Perform financial statement analysis• Build proficiency in credit analysis• Maintain industry data through ongoing research• Ensure compliance with regulatory and company policies and procedures• Assist with the preparation of rating committee materials and credit reports• Input data and assist with database management• Track key economic indicators and various asset performance indices• Research for industry/asset class commentaries and reports• Prepare and present internal assessments of certain companies• Assist with publishing Press Releases, Topical Research and Rating Reports authored by the FIG team
Qualifications• Undergraduate degree in business, finance or an analytical field of study• Masters, CFA or CFA program enrollment are a plus• Experience with analyzing financial statements• Demonstrated professional communication skills (both written and verbal)• Team player with the ability to meet deadlines while maintaining attention to detail and producing high quality work• Bank and/or non-bank financial institutions analysis experience is preferred• Bloomberg skills a plus• Highly motivated, self-starter who is keen to learn, has a positive attitude and a strong work ethic
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.
Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That's why we champion your wellness through a wide-range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
- Financial Health
- 75% 401k match up to 7%
- Stock Ownership Potential
- Company provided life insurance - 1x salary + commission
- Physical Health
- Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
- Additional medical Wellness Incentives - up to $300-$600 annual
- Company-provided long- and short-term disability insurance
- Emotional Health
- Trust-Based Time Off
- 6-week Paid Sabbatical Program
- 6-Week Paid Family Caregiving Leave
- Competitive 8-24 Week Paid Parental Bonding Leave
- Adoption Assistance
- Leadership Coaching & Formal Mentorship Opportunities
- Annual Education Stipend
- Tuition Reimbursement
- Social Health
- Charitable Matching Gifts program
- Dollars for Doers volunteer program
- Paid volunteering days
- 15+ Employee Resource & Affinity Groups
Base Salary Compensation Range
$73,000.00 - 97,000.00 USD Annual
Incentive Target Percentage
15% Annual
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 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.
R06_DBRSInc DBRS, Inc. - US Legal Entity
Top Skills
Bloomberg
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