Analyst, Credit Ratings

6 months ago


Toronto, Canada DBRS Full time

Job Responsibilities
- Obtain an understanding of DBRS Morningstar’s methodologies, models, criteria and other analytical tools to assess the credit worthiness of the various transaction types within DBRS Morningstar’s rated CMBS book, including Multi-Borrower, Single-Borrower/Single Asset and CRE CLO transactions.
- As a support analyst, help to complete surveillance reviews of DBRS Morningstar-rated CMBS transactions, under the direction of senior analysts and the team leads. This work will involve analyzing property-level documents (operating statements, rent rolls and property inspections) for the underlying collateral and collateral and bond level reporting provided by the transaction parties.
- Work with senior analysts to draft press releases and rating letters which effectively communicate DBRS Morningstar’s credit view and ratings rationale.
- Work with senior analysts and the management team to develop the knowledge and skills necessary to graduate up to direct presentation of materials and recommendations to rating committee.
- As needed, assist with the analysis for newly-issued DBRS Morningstar-rated CMBS transactions in Canada, performing site inspections and completing other levels of analysis for loans in those pools.
- Some travel (5-10%) may be required.

**Qualifications**:

- The individual must be able to work in a multi-faceted capacity, be analytical and highly attentive to detail.
- Possess a high degree of proficiency in Excel.
- Intermediate to strong writing skills are also required.
- All necessary documents are required for domestic and international travel.

About Us

DBRS Morningstar is a global credit ratings business, currently with 700 employees in eight offices globally. Formed through the July 2019 acquisition of DBRS by Morningstar, Inc., the ratings business is the fourth-largest provider of credit ratings in the world.

DBRS Morningstar is committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry. DBRS Morningstar is a market leader in Canada, the U.S. and Europe in multiple asset classes.

DBRS Morningstar rates more than 2,600 issuers and 54,000 securities worldwide and is driven to bringing more clarity, diversity of opinion, and responsiveness to the ratings process. DBRS Morningstar’s approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources.
- If you received 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.



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