Job Opportunity: Assistant Vice President, Financial Institution Ratings – U.S. Banks
Are you a credit analyst with a minimum of four years of experience in financial institutions credit analysis? Do you have a knack for analyzing banks? If so, Morningstar DBRS is looking for you. The financial institution ratings company is currently seeking a full-time credit analyst to join its team in New York City, as an Assistant Vice President, Financial Institution Ratings – U.S. Banks. This position reports directly to the Sector Lead and offers both lead and backup analyst responsibilities for a portfolio of U.S. banks.
Role and Responsibilities
The successful candidate will be part of a dynamic team of professionals responsible for analyzing financial institutions, primarily banks, in the U.S. As an analyst, your main responsibilities will include acting as a lead analyst for a portfolio of issuers, participating in rating committees, leading issuer meetings, and authoring topical research on the banking sector.
Additionally, you will participate in cross-team initiatives across the Fundamental Ratings group, which also includes the Corporate Finance and Sovereign ratings teams. Over time, you will be expected to interact with media outlets in various capacities to share credit opinions.
Furthermore, the position requires excellent verbal and written communication skills, strong financial statement analysis abilities, and solid spreadsheet skills. The analyst will also prepare and deliver rating committee presentations and publish press releases, rating reports, and insightful topical research of high quality and regular cadence to contribute to Morningstar DBRS’s Thought Leadership goals.
Qualifications
The ideal candidate should have an undergraduate degree in business, finance, or a closely related field. A Master’s degree and CFA are a plus. Additionally, a minimum of three years of experience in bank/and or financial institution credit analysis or a directly related field is required.
Excellent business writing, communication, and analytical capacity are vital for this role. You should also have strong interpersonal skills, including the ability to proactively build an internal network across our Fundamental Ratings team. The candidate should be a team player with demonstrated ability to work in a fast-paced environment and must be willing to travel as required. Bloomberg skills are a significant advantage.
About Morningstar DBRS
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. With over 4,000 issuers and 60,000 securities rated, it is among 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. Their approach and size make them nimble enough to respond to customers’ needs in their local markets but large enough to provide the required expertise and resources.
Compensation and Benefits
At Morningstar, they believe that people are at their best when they are at their healthiest. That’s why they champion your wellness through a wide range of programs that support all stages of your personal and professional life. Some of the benefits include financial health support, such as a 100% 401k match up to 6% of salary and stock ownership potential. They also offer comprehensive health benefits, trust-based time off, and a competitive paid parental leave.
Interested candidates can learn more about the opportunity and apply here.
The compensation range for the base salary is $97,854.00 – 157,938.00 USD annually with a 20% annual incentive target percentage. If you receive and accept an offer from Morningstar, they require that personal and any related investments be disclosed confidentially to their Compliance team. If any conflicts of interest are identified, you will be required to liquidate those holdings immediately.
Morningstar’s hybrid work environment gives you the opportunity to collaborate in-person each week, providing tools and resources to engage meaningfully with your global colleagues. Morningstar DBRS is the next generation of credit ratings. Be part of it.
