Assistant Vice President, Credit Ratings - Project Finance

Morningstar Inc.•New York, NY

42d•Hybrid

About The Position

The Global l Project Finance & Infrastructure team is seeking a highly motivated individual, preferably with five to seven years of expertise in Project and Infrastructure Finance credit analysis, to join its team of analysts in New York City as an Assistant Vice President. Working closely with members of the team in New York, the successful candidate will be responsible for supporting the North America based portfolio, which includes performing financial statement analysis, using financial models, drafting rating reports, compiling rating committee materials and having a well-developed understanding of the overall credit analysis process. The successful candidate will work on a variety of transactions as a rating analyst, performing lead and supporting analyst responsibilities within project and infrastructure finance including the power and energy-related sectors (e.g. gas, wind, solar, hydro generation), bespoke project financings (e.g. telecommunications, technology infrastructure, large industrial equipment leases, stadiums, etc.) and broader infrastructure mandates (PPPs, toll roads, airports, ports, utilities). The role involves performing financial statement analysis, using financial models, drafting rating reports and press releases, along with the compilation of rating committee materials and drafting of high quality and timely topical research.

Requirements

Five to Seven years of business experience, with a minimum of three years' experience related to Project and Infrastructure Finance.
Degree in business, economics, commerce, engineering or a related discipline.
Solid research, analytical and financial modelling skills, with a high attention to detail.
Experience in reviewing financing agreements and legal contracts from a credit point of view.
Strong communication skills, both oral and written.
Self-starter and strong team player and a demonstrated ability to work in a fast-paced environment.

Nice To Haves

Completion of, or demonstrated progress towards, the CFA or MBA program is preferred.
Experience in public-private partnerships is an asset.
Previous rating agency experience is considered an asset.

Responsibilities

Assist with covering the existing U.S. based ratings portfolio as a rating analyst.
Attend issuer and investor meetings with the Team Lead(s) in Project Finance and Infrastructure Finance and other lead analysts to gain exposure to the ratings portfolio and the analytical approach.
Build on existing knowledge of the industry and further expand the network.
Initially contribute to new rating assignments as a rating analyst supporting lead analysts and eventually act as a lead analyst on a variety of assets classes within the sector.
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.
Support the team on the delivery of timely and innovative topical research.

Benefits

75% 401k match up to 7%
Stock Ownership Potential
Company provided life insurance - 1x salary + commission
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
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
Charitable Matching Gifts program
Dollars for Doers volunteer program
Paid volunteering days
15+ Employee Resource & Affinity Groups