Assistant Vice President, Financial Institution Ratings - U.S. Banks
About The Position
Morningstar DBRS is seeking an experienced full-time credit analyst to join its Financial Institution Ratings team in New York. Reporting to the Sector Lead, the successful candidate will have lead and backup analyst responsibilities on a portfolio of U.S. banks. Candidates with a minimum of four years of experience in financial institutions credit analysis, including some analysis of banks, gained from a rating agency or financial institution will be given priority. 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. Their approach and size allow them 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 Morningstar DBRS because of their agility, tech-forward approach, and exceptional customer service. Morningstar DBRS is the next generation of credit ratings.
Requirements
- Minimum of four years of experience in financial institutions credit analysis, including some analysis of banks, gained from a rating agency or financial institution (priority given)
- Financial industry knowledge with specific issuer/banking sector knowledge
- Strong financial statement analytical abilities
- Strong spreadsheet skills
- Excellent verbal and written communications skills
- Highly motivated self-starter with a strong work ethic
- Demonstrated ability to work under time pressure within a close-knit team
- Excellent attention to detail
- Strong writing, quantitative and presentation skills
- Undergraduate degree in business, finance or a closely related field
- Minimum of three years of experience in bank/and or financial institution credit analysis or directly related field
- Excellent business writing, communication and analytical capacity
- Strong interpersonal skills, including the ability to proactively build an internal network across our Fundamental Ratings team, especially with respect to our European and Canadian banking teams, in order to facilitate the sharing of ideas and generate collaborative research
- Team player with demonstrated ability to work in a fast-paced environment
- Willingness to travel as required
Nice To Haves
- Masters degree
- CFA
- Bloomberg skills
Responsibilities
- Acting as lead analyst of a portfolio of issuers
- Participating in rating committees
- Attending and leading issuer meetings
- Authoring topical research on the banking sector
- Participating in cross-team initiatives across the Fundamental Ratings group
- Prepare and deliver rating committee presentations
- Publish press releases, rating reports and insightful topical research of high quality and regular cadence in order to materially contribute to Morningstar DBRS’s Thought Leadership goals
- Engage with senior executives at rated entities
- Interacting with media outlets in various capacities to share credit opinions (anticipated over time)
- Using Morningstar DBRS’ suite of sanctioned artificial intelligence tools to enhance productivity and efficiency
Benefits
- 100% 401k match up to 6% of salary
- 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 Leave
- Adoption Assistance
- Leadership Coaching & Formal Mentorship Opportunities
- Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
- Tuition Reimbursement
- Charitable Matching Gifts program
- Dollars for Doers volunteer program
- Paid volunteering days
- 15+ Employee Resource & Affinity Groups
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
