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Morningstar

Assistant Vice President, Private Credit

Posted Yesterday
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Hybrid
Toronto, ON
Mid level
Hybrid
Toronto, ON
Mid level
The Assistant Vice President will assess creditworthiness, perform financial analysis, lead committee discussions, and maintain relationships in private credit markets.
The summary above was generated by AI

The Role:
Morningstar DBRS' Private Credit team is seeking a highly motivated individual with four to five years of experience in corporate credit analysis, preferably with high-yield issuers, and strong analytical and interpersonal skills to join its team as an Assistant Vice President. Working closely with the team leader, the successful candidate will be responsible for assessing the creditworthiness of small to medium-sized, highly leveraged companies involved in various corporate sectors. The successful candidate will also interact with various participants in the private capital markets and research broader topics.
This role is based in our Toronto office. We are operating in a hybrid work environment, where we are in-office 3 days/week.
Responsibilities:

  • Assume surveillance coverage of a portfolio of small to medium-sized companies with high leverage
  • Perform fundamental financial analysis and prepare rating committee packages
  • Lead rating committee discussions
  • Build and maintain relationships with market participants, such as lenders, investors and bankers
  • Organize and track a large portfolio of credits and help refine work processes
  • Build and update related databases as required
  • Produce timely, high-quality and insightful credit analysis and research


Qualifications:

  • Four to five years of experience in credit analysis or corporate lending
  • Bachelor's degree in business, finance, economics or another relevant discipline. Completion of the CFA program is preferred
  • Excellent knowledge of credit analysis and capital markets, preferably combined to a sound understanding of high-yield/middle-market credits
  • Familiarity with the legal documentation associated with corporate debt issuance
  • Strong analytical skills with thorough knowledge of financial statements
  • Excellent communication skills
  • Self-starter and team player with demonstrated ability to work in a fast-paced environment


About Us
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. Our approach and size allow us 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 us because of our agility, tech-forward approach, and exceptional customer service.
Morningstar DBRS is the next generation of credit ratings.
If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.
Morningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, we've found that we're at our best when we're purposely together on a regular basis, typically three days 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.
R08_DBRSLtdCanada DBRS Limited - Canada Legal Entity

Top Skills

Capital Markets
Cfa
Corporate Lending
Credit Analysis
Financial Analysis
Financial Statements

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