Senior Analyst, Private Corporate Credit

Morningstar•Chicago, IL

3d•$92,000 - $115,817•Hybrid

About The Position

Morningstar DBRS is seeking a Senior Analyst to join its Private Corporate Credit team. The role combines financial data analytics, leveraged finance research, and credit analysis, with an emphasis on sourcing, analyzing, and transforming complex financial and economic data into meaningful insights for investment professionals. Working with senior analysts and management, the Senior Analyst contributes to leveraged finance research through data analysis, quantitative tools, and financial modeling. The role also supports assessment of the creditworthiness of small to medium-sized, highly leveraged companies, with opportunities to take on greater credit analysis and ratings responsibilities over time. The Private Corporate Credit team assesses middle-market and highly leveraged companies in the evolving private credit market. Through fundamental credit analysis, financial data, and ongoing research and surveillance, the team provides insights into borrower performance, credit trends, and emerging risks to support investment and lending decisions.

Requirements

Two to four years of relevant professional experience in financial data analytics, quantitative research, corporate credit analysis, leveraged finance, corporate lending, or a related analytical discipline.
Bachelor's degree in finance, economics, business, data analytics, or a related field.
Strong financial and quantitative analytical skills, including experience working with financial statements, economic data, and large financial datasets.
Experience with time-series and cross-sectional data analysis, and interest in applying quantitative methods to financial markets and credit research.
Advanced proficiency in Microsoft Excel and strong working knowledge of Python and SQL for financial data analysis, manipulation, and reporting.
Strong written and verbal communication skills, with the ability to translate complex financial data into clear, actionable insights.
Proactive and collaborative approach, strong attention to detail, and ability to manage multiple priorities in a fast-paced environment.

Nice To Haves

Progress toward the CFA designation.
Familiarity with data visualization tools such as Tableau.
Experience using AI platforms such as Microsoft Copilot or Claude to support research, data analysis, or workflow efficiency.

Responsibilities

Source, validate, organize, and analyze financial and economic data across multiple platforms to support leveraged finance research and credit analysis.
Design, develop, and maintain data structures and analytical tools using Excel, Python, SQL, and other platforms to support financial research, quantitative analysis, and ongoing credit surveillance.
Develop charts, tables, and data visualizations for timely, high-quality leveraged finance research and credit publications.
Apply quantitative methods, including time-series and cross-sectional data analysis, to identify trends and generate insights across financial markets and leveraged finance.
Support credit analysis and ongoing surveillance of a portfolio of small to medium-sized, highly leveraged companies, including reviewing financial statements and assessing credit fundamentals.
Assist in preparing rating committee materials, developing credit recommendations, and participating in rating committee discussions.
Build and maintain relationships with market participants, including lenders, investors, and bankers, to support market intelligence and credit research.
Help manage and monitor a broad portfolio of credits and identify opportunities to improve analytical processes, data management, and workflows.

Benefits

100% 401(k) match up to 6% of salary.
Stock ownership potential.
Company-provided life insurance of 1x salary plus commission.
Comprehensive medical, dental, and vision benefits, including potential premium discounts and company-provided HSA contributions of up to $500–$2,000 annually for specific plans and coverages.
Additional medical wellness incentives of up to $300–$600 annually.
Company-provided long- and short-term disability insurance.
Trust-based time off.
Six-week paid sabbatical program.
Six-week paid family caregiving leave.
Paid parental leave of 8–24 weeks.
Adoption assistance.
Leadership coaching and formal mentorship opportunities.
Annual flex stipend of $1,000 for personal education and well-being expenses.
Tuition reimbursement.
Charitable matching gifts program.
Dollars for Doers volunteer program.
Paid volunteering days.
15+ employee resource and affinity groups.
Hybrid work model, generally four days in-office each week in most locations, with other benefits available to enhance flexibility.