Senior Analyst, North American Corporate Real Estate Ratings - Toronto

Morningstar • Toronto, ON

8d • Hybrid

About The Position

The North American Corporate Real Estate Ratings team of Morningstar DBRS is seeking a highly motivated individual with a minimum of three years in relevant experience in corporate credit analysis, research, or investment banking and some understanding of the Canadian real estate sector to join the team in Toronto as a Senior Analyst. Working closely with the Sector Lead, and other members of the Real Estate group, the successful candidate will support lead analysts in their responsibilities to manage portfolios of credits, including the ongoing analysis and surveillance of specific credits, and contributing to publication of written credit rating reports, quarterly reviews and ad hoc commentaries. This position reports directly to the Senior Vice President, Sector Lead of North American Corporate Real Estate.

Requirements

• Minimum of 3 years related experience
• Strong analytical abilities and diligence to details.
• Extensive understanding of financial statements
• Advanced knowledge of Microsoft Excel
• Excellent communication skills, both verbal and written.
• Initiative-taker and collaborator with demonstrated ability to work in a demanding environment.
• Travel is required.
• Undergraduate or master’s degree in business, finance, or an analytical field of study

Nice To Haves

• Some understanding of the Canadian real estate sector
• Enrollment in the CFA program is preferred.

Responsibilities

• Perform accurate credit analysis with guidance from lead analysts, including financial statement analysis.
• Maintain financial spreadsheets of debt issuers historic results and financial projections.
• Develop understanding and experience with legal documentation related to credit analysis.
• Contribute text and analysis for credit rating reports under supervision of lead analysts with eventuality of drafting press releases, credit reports, and commentaries with minimal guidance and errors.
• Assist with the preparation of rating committee materials.
• Provide support for research and analysis of major industry trends affecting various asset classes with guidance from lead analysts.
• Develop an understanding of the core real estate industries.
• Develop client-communication skills with increasing client interaction over time.
• Adhere to rigorous regulatory requirements and Morningstar DBRS policies and procedures, which include detailed record-keeping, training, and compliance.

Benefits

• 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 This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree