DBRS Morningstar – Assistant Vice President, Private Credit – Toronto, ON

Company: DBRS Morningstar

Location: Toronto, ON

Expected salary:

Job date: Fri, 11 Apr 2025 05:47:23 GMT

Job description: 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 UsMorningstar 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

Morningstar – Assistant Vice President, Private Credit – Toronto, ON

Company: Morningstar

Location: Toronto, ON

Expected salary:

Job date: Fri, 11 Apr 2025 05:23:48 GMT

Job description: 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 UsMorningstar 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

Morningstar – Senior QA Automation Engineer – Toronto, ON

Company: Morningstar

Location: Toronto, ON

Expected salary:

Job date: Sat, 12 Apr 2025 03:40:23 GMT

Job description: Morningstar’s Workplace team is looking for a Senior QA Automation Engineer. In this role, you will work closely with our product manager, tech leads, and developers to design and develop comprehensive test plans and cases, create automated scripts for front-end and back-end testing, conduct performance tests, and develop deep expertise in our products. The ideal candidate will possess strong technical skills and experience in automation testing, a passion for delivering high-quality products, excellent collaboration and communication skills, and a desire to learn and grow with our team.The successful candidate will be obsessed with quality improvement and automating tests for regression and new features. This position is based in our Toronto office. We follow a hybrid policy of 3 days onsite and 2 days remote work.Job ResponsibilitiesResponsibilities include understanding customer use cases, diving deep into software development, and developing QA approaches to measure confidence in the product. You will work directly with development teams, product managers and peer QA teams to iteratively improve our software development process.Design, develop, and maintain automated test scripts using testing frameworks and scripting languages (e.g., Selenium, Java, JavaScript).Implement test automation best practices and maintain code standards.Integrate automated tests into the continuous integration/continuous deployment (CI/CD) pipeline for seamless execution.​Build and enhance test automation frameworks for efficient test script creation and execution.Implement reusable functions and libraries to optimize test development.Manage and maintain test data and environments to ensure test repeatability and reliability.Understand the business domain and product.Understand the customers.Generate and maintain test reports, documenting test results and defects.Efficiently execute test cases across all functional areas of our products.Find, isolate, document, regress, and track bugs through resolution.Interpret and report testing results, and be a vocal proponent for quality in every phase of the development process.Work with Software Development Engineers to understand the overall technical architecture and how each feature is implemented.Be a true team player, able to work with multiple people at any given time.Strong ability to write code using Java programming OR JavaScript scripting language.Product release sign-off.QualificationsBachelor’s degree in Computer Science or equivalent plus a minimum of 6+ years of working experience.Solid understanding of database technologies.Familiarity with version control systems (Git) and CI/CD tools.Experience with performance testing tools such as JMeter.Strong analytical and problem-solving skills with attention to detail.Excellent communication skills and ability to work effectively in an Agile environmentNice to haveAWS knowledge is a plus.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.100_MstarResCanad Morningstar Research, Inc. (Canada) Legal Entity

Morningstar – Assistant Vice President, Credit Ratings, Energy & Natural Resources – Toronto, ON

Company: Morningstar

Location: Toronto, ON

Expected salary:

Job date: Sat, 05 Apr 2025 23:36:58 GMT

Job description: The Global Corporates Rating Group is seeking a highly motivated corporate credit rating analyst to join its team in Toronto as an Assistant Vice President.The successful candidate will be responsible for working on corporate credit ratings in the North American regulated utilities and independent power producer sectors. The position involves performing financial statement analysis, building financial forecasts, preparing rating committee materials and presenting recommended rating actions at rating committees, preparing and publishing press releases plus rating reports. Experience and knowledge of companies operating in the regulated utilities and independent power producer sectors would be a key asset.Job Responsibilities

  • Analyze and assess the credit worthiness of corporate issuers in the regulated utilities and independent power producer sectors.
  • Contribute and lead new rating assignments.
  • Communicate analytical findings and recommendations at rating committees.
  • Produce timely, high-quality rating reports, press releases, research notes and industry studies.
  • Participate and lead meetings with corporate issuers, investors and bankers.
  • Contribute to the development of research products and credit rating methodologies.

Qualifications

  • 4+ years of business experience in credit, financial services and/or with companies operating in the utilities and independent power producer sectors.
  • University degree in accounting, business, economics and/or engineering.
  • Skilled in the use of Microsoft Excel, Power Point and Word.
  • Solid analytical and financial modelling skills, with a high attention to detail.
  • Strong communication (verbal and written), presentation and interpersonal skills.
  • Team player with a demonstrated ability to work in a fast-paced environment.

About UsMorningstar 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

DBRS Morningstar – Assistant Vice President, Credit Ratings, Energy & Natural Resources – Toronto, ON

Company: DBRS Morningstar

Location: Toronto, ON

Expected salary:

Job date: Sun, 06 Apr 2025 07:03:26 GMT

Job description: The Global Corporates Rating Group is seeking a highly motivated corporate credit rating analyst to join its team in Toronto as an Assistant Vice President.The successful candidate will be responsible for working on corporate credit ratings in the North American regulated utilities and independent power producer sectors. The position involves performing financial statement analysis, building financial forecasts, preparing rating committee materials and presenting recommended rating actions at rating committees, preparing and publishing press releases plus rating reports. Experience and knowledge of companies operating in the regulated utilities and independent power producer sectors would be a key asset.Job Responsibilities

  • Analyze and assess the credit worthiness of corporate issuers in the regulated utilities and independent power producer sectors.
  • Contribute and lead new rating assignments.
  • Communicate analytical findings and recommendations at rating committees.
  • Produce timely, high-quality rating reports, press releases, research notes and industry studies.
  • Participate and lead meetings with corporate issuers, investors and bankers.
  • Contribute to the development of research products and credit rating methodologies.

Qualifications

  • 4+ years of business experience in credit, financial services and/or with companies operating in the utilities and independent power producer sectors.
  • University degree in accounting, business, economics and/or engineering.
  • Skilled in the use of Microsoft Excel, Power Point and Word.
  • Solid analytical and financial modelling skills, with a high attention to detail.
  • Strong communication (verbal and written), presentation and interpersonal skills.
  • Team player with a demonstrated ability to work in a fast-paced environment.

About UsMorningstar 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

DBRS Morningstar – Analyst, Credit Ratings, North America CMBS – Toronto, ON

Company: DBRS Morningstar

Location: Toronto, ON

Expected salary:

Job date: Fri, 28 Feb 2025 04:48:27 GMT

Job description: The position is in the commercial mortgage-backed securities (CMBS) group in Toronto, which is responsible for rating and monitoring bonds secured by commercial real estate loans. The role will focus on conducting analysis at the collateral and transaction level as part of annual and event-driven reviews for the transactions in Morningstar DBRS’s rated CMBS book, which includes a variety of transaction types, including Multi-Borrower Conduit, Single-Asset/Single-Borrower and CRE CLO transactions. The individual will serve as a lead analyst, preparing the rating committee package and making regular presentations to rating committee voters, and will be responsible for drafting press releases for all ratings actions.Responsibilities:

  • Obtain a solid understanding of Morningstar DBRS’ methodologies, models, criteria and other analytical tools to assess the credit worthiness of the various transaction types within Morningstar DBRS’ rated CMBS book, including Multi-Borrower, Single-Borrower/Single Asset and CRE CLO transactions.
  • As a lead analyst, run point on completing surveillance reviews of Morningstar DBRS-rated CMBS transactions. 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. Communicate with third parties, such as servicers and other information providers, to obtain collateral updates.
  • Compile rating committee documents and present analysis and recommendations to rating committee voters.
  • Draft press releases and rating letters which effectively communicate Morningstar DBRS credit view and ratings rationale. Work with senior reviewers within the North American CMBS Surveillance team and the publishing group to finalize drafts and release documents in a timely manner.
  • Assist in the composition of surveillance reports and market and industry commentaries for investors and conference audiences.
  • Perform analysis for newly-contributed loans for Morningstar DBRS CRE CLO rated book, as needed. This work will require an understanding of DBRS Morningstar’s Commercial Real Estate Property Analysis Criteria and other criteria and methodologies.
  • As needed, assist with the analysis for newly-issued Morningstar DBRS-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 successful candidate will have 1-2 years commercial real estate experience and possess a degree in finance, real estate or a related area.
  • The individual must be able to work in a multi-faceted capacity, be analytical and highly attentive to detail.
  • The candidate will be highly poised and possess excellent interpersonal and presentation skills.
  • Possess a high degree of proficiency in Excel as well as the intellectual curiosity to develop new applications and to perform complex analyses.
  • Well-developed writing skills are also required.
  • All necessary documents are required for domestic and international travel.

About UsMorningstar 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

Morningstar – Analyst, Credit Ratings, North America CMBS – Toronto, ON

Company: Morningstar

Location: Toronto, ON

Expected salary:

Job date: Fri, 28 Feb 2025 07:42:02 GMT

Job description: The position is in the commercial mortgage-backed securities (CMBS) group in Toronto, which is responsible for rating and monitoring bonds secured by commercial real estate loans. The role will focus on conducting analysis at the collateral and transaction level as part of annual and event-driven reviews for the transactions in Morningstar DBRS’s rated CMBS book, which includes a variety of transaction types, including Multi-Borrower Conduit, Single-Asset/Single-Borrower and CRE CLO transactions. The individual will serve as a lead analyst, preparing the rating committee package and making regular presentations to rating committee voters, and will be responsible for drafting press releases for all ratings actions.Responsibilities:

  • Obtain a solid understanding of Morningstar DBRS’ methodologies, models, criteria and other analytical tools to assess the credit worthiness of the various transaction types within Morningstar DBRS’ rated CMBS book, including Multi-Borrower, Single-Borrower/Single Asset and CRE CLO transactions.
  • As a lead analyst, run point on completing surveillance reviews of Morningstar DBRS-rated CMBS transactions. 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. Communicate with third parties, such as servicers and other information providers, to obtain collateral updates.
  • Compile rating committee documents and present analysis and recommendations to rating committee voters.
  • Draft press releases and rating letters which effectively communicate Morningstar DBRS credit view and ratings rationale. Work with senior reviewers within the North American CMBS Surveillance team and the publishing group to finalize drafts and release documents in a timely manner.
  • Assist in the composition of surveillance reports and market and industry commentaries for investors and conference audiences.
  • Perform analysis for newly-contributed loans for Morningstar DBRS CRE CLO rated book, as needed. This work will require an understanding of DBRS Morningstar’s Commercial Real Estate Property Analysis Criteria and other criteria and methodologies.
  • As needed, assist with the analysis for newly-issued Morningstar DBRS-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 successful candidate will have 1-2 years commercial real estate experience and possess a degree in finance, real estate or a related area.
  • The individual must be able to work in a multi-faceted capacity, be analytical and highly attentive to detail.
  • The candidate will be highly poised and possess excellent interpersonal and presentation skills.
  • Possess a high degree of proficiency in Excel as well as the intellectual curiosity to develop new applications and to perform complex analyses.
  • Well-developed writing skills are also required.
  • All necessary documents are required for domestic and international travel.

About UsMorningstar 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

Morningstar – Assistant Vice President, Credit Ratings, Real Estate / CMBS – Toronto, ON

Company: Morningstar

Location: Toronto, ON

Expected salary:

Job date: Sat, 01 Mar 2025 05:59:34 GMT

Job description: SummaryMorningstar DBRS is seeking a highly motivated individual, with an interest in real estate finance and credit analysis, to join its Commercial Mortgage Backed Securities (CMBS) team as an Analyst. The successful candidate will mainly serve as a lead analyst for Morningstar DBRS rated transactions or entities. The successful candidate will be expected to gradually develop a solid understanding of the US and Canadian real estate sectors and to acquire a broad understanding of the appropriate Morningstar DBRS rating methodologies and criteria.Morningstar DBRS is registered with the U.S. Securities and Exchange Commission as a nationally recognized statistical rating organization (NRSRO). Morningstar DBRS has earned a reputation for innovation and excellence in the structured finance market and aims to increase market transparency by providing the highest-quality ratings, securities research, monitoring services, operational risk assessments, data, and technology solutions.Primary Responsibilities

  • Act as the lead analyst and manage the process of evaluating credit risk, while adhering to the relevant rating methodology.
  • Determine Morningstar DBRS stabilized cash flows of all major property types (office, retail, multifamily, MHC, hotel, self-storage) and a variety of loan sizes ($1 million to

$100 million). * Prepare/update spreadsheets on properties and companies including historical information and financial projections.

  • Search and aggregate market data to be used in the credit analysis.
  • Track key economic and industry indicators and various asset class metrics.
  • Review third-party reports including appraisals, property condition reports, environmental reports, and other industry specific reports.
  • Contribute text and analysis for rating reports, press release, commentaries, presentations and industry reports under supervision of lead analysts.
  • Oversee the preparation of rating committee materials and participate in Rating Committee meetings.
  • Assist with the publishing workflow, including regulatory disclosures.
  • Have a solid understanding of real estate asset classes covered.
  • Delegate and oversee the completion of tasks.
  • Train and mentor junior staff.
  • Lead client-communication through interacting with issuers, investors, and intermediaries.
  • Adhere to compliance, regulatory and company policies and procedures.

Requirements

  • Four to five years of progressive experience in a commercial real estate related field
  • Undergraduate degree in accounting, business, finance or other relevant discipline is preferred
  • Strong analytical abilities and knowledge of financial statements
  • Solid research and analytical skills, with acute attention to detail.
  • Strong communication skills, both oral and written.
  • Self-starter and strong team player, with the ability to meet deadlines while producing high quality work.
  • Genuine interest in commercial real estate and structured finance.
  • Ability to travel 10-20% domestically/ North America
  • Possess and maintain a valid driver’s license and passport

About UsMorningstar 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

DBRS Morningstar – Assistant Vice President, Credit Ratings, Real Estate / CMBS – Toronto, ON

Company: DBRS Morningstar

Location: Toronto, ON

Expected salary:

Job date: Sat, 01 Mar 2025 07:48:20 GMT

Job description: SummaryMorningstar DBRS is seeking a highly motivated individual, with an interest in real estate finance and credit analysis, to join its Commercial Mortgage Backed Securities (CMBS) team as an Analyst. The successful candidate will mainly serve as a lead analyst for Morningstar DBRS rated transactions or entities. The successful candidate will be expected to gradually develop a solid understanding of the US and Canadian real estate sectors and to acquire a broad understanding of the appropriate Morningstar DBRS rating methodologies and criteria.Morningstar DBRS is registered with the U.S. Securities and Exchange Commission as a nationally recognized statistical rating organization (NRSRO). Morningstar DBRS has earned a reputation for innovation and excellence in the structured finance market and aims to increase market transparency by providing the highest-quality ratings, securities research, monitoring services, operational risk assessments, data, and technology solutions.Primary Responsibilities

  • Act as the lead analyst and manage the process of evaluating credit risk, while adhering to the relevant rating methodology.
  • Determine Morningstar DBRS stabilized cash flows of all major property types (office, retail, multifamily, MHC, hotel, self-storage) and a variety of loan sizes ($1 million to

$100 million). * Prepare/update spreadsheets on properties and companies including historical information and financial projections.

  • Search and aggregate market data to be used in the credit analysis.
  • Track key economic and industry indicators and various asset class metrics.
  • Review third-party reports including appraisals, property condition reports, environmental reports, and other industry specific reports.
  • Contribute text and analysis for rating reports, press release, commentaries, presentations and industry reports under supervision of lead analysts.
  • Oversee the preparation of rating committee materials and participate in Rating Committee meetings.
  • Assist with the publishing workflow, including regulatory disclosures.
  • Have a solid understanding of real estate asset classes covered.
  • Delegate and oversee the completion of tasks.
  • Train and mentor junior staff.
  • Lead client-communication through interacting with issuers, investors, and intermediaries.
  • Adhere to compliance, regulatory and company policies and procedures.

Requirements

  • Four to five years of progressive experience in a commercial real estate related field
  • Undergraduate degree in accounting, business, finance or other relevant discipline is preferred
  • Strong analytical abilities and knowledge of financial statements
  • Solid research and analytical skills, with acute attention to detail.
  • Strong communication skills, both oral and written.
  • Self-starter and strong team player, with the ability to meet deadlines while producing high quality work.
  • Genuine interest in commercial real estate and structured finance.
  • Ability to travel 10-20% domestically/ North America
  • Possess and maintain a valid driver’s license and passport

About UsMorningstar 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

Senior Marketing Data Analyst, Individual Investor – Morningstar – Toronto, ON

Company: Morningstar

Location: Toronto, ON

Expected salary:

Job date: Sat, 08 Feb 2025 04:59:43 GMT

Job description: About Morningstar and the Individual Investor BusinessMorningstar’s Individual Investor business empowers investors with data, research, and tools to help them make informed financial decisions. Our flagship Morningstar Investor platform provides deep insights, portfolio tracking, and investment research, while Morningstar.com serves as a hub for market news, analysis, and educational content.The marketing team for the Individual Investor business plays a critical role in driving user acquisition, engagement, and retention. We leverage data-driven insights to optimize campaigns, improve the user experience, and enhance subscription growth.The RoleWe are seeking a Senior Marketing Data Analyst to bring analytical rigor to our marketing efforts, helping us measure performance, optimize campaigns, and uncover opportunities for growth. This role will own reporting, build forecasting models, analyze user behavior, and work cross-functionally to enhance our marketing strategy.You will be responsible for tracking KPIs across Morningstar Investor, Morningstar.com, and our broader suite of investor products, implementing analytics solutions, and driving insights that support strategic decision-making. You will work closely with marketing, product, data, and technology teams to ensure seamless tracking and reporting.The role reports to the Global Head of Marketing, Morningstar Wealth and is based in the New York office. To foster continuous collaboration, at least three days in the office per week is required.Key ResponsibilitiesData Analytics & Reporting

  • Track and analyze daily, monthly, and yearly KPIs to measure marketing effectiveness and progress toward growth goals.
  • Create and maintain dashboards that monitor trials, subscriber growth, page views, engagement, and on-site behavior across Morningstar Investor and Morningstar.com.
  • Consolidate data from various sources such as Google suite, Stripe, and AWS to create automated reporting solutions that provide actionable insights.
  • Monitor and validate data from third-party sources to ensure accuracy and reliability.

Campaign & Performance Optimization

  • Implement tracking and measurement frameworks for marketing campaigns across Google Analytics, Google Ads, Bing Ads, Reddit, WalkMe, Awin, and various other platforms
  • Support paid marketing (Search, Display, Affiliate) with backend tracking and performance analysis.
  • Define baseline targets and use data-driven insights to optimize acquisition, engagement, and retention strategies.
  • Conduct cohort analysis, customer lifetime value (LTV) modeling, and retention analysis to inform marketing and product investment decisions.

Forecasting & Financial Modeling

  • Develop and maintain financial forecasting models to project revenue growth and subscription trends over the next three years based on historical data and market assumptions.
  • Evaluate the impact of pricing, marketing spend, and customer acquisition efforts on financial performance.

Data Infrastructure & Collaboration

  • Work with IT and data teams to build and maintain a centralized data infrastructure that supports marketing analytics.
  • Define and implement data tracking solutions using Google Tag Manager (GTM) and SQL-based data pipelines.
  • Collaborate cross-functionally with product, sales, finance, and engineering teams to identify growth opportunities and improve marketing effectiveness.

Qualifications & Skills

  • 2-5 years of experience in data analytics, marketing analytics, or business intelligence.
  • Strong experience in SQL for querying and analyzing large datasets.
  • Proficiency in Google Marketing Platform (Google Analytics, Google Tag Manager, Google Ads, Looker Studio).
  • Experience working with data visualization tools (Tableau, QuickSight, Looker Studio).
  • Strong analytical skills, including financial modeling, forecasting, and trend analysis.
  • Ability to clean, structure, and interpret large datasets to generate actionable insights.
  • Strong problem-solving skills and ability to translate data into business recommendations.
  • Experience with AWS (Athena, Redshift, QuickSight), and/or Tableau for data analysis.
  • Familiarity with A/B testing tools (Google Optimize, Optimizely) and tracking platforms.
  • Programming experience in Python or R for advanced data analysis.
  • Knowledge of subscription-based business models and customer retention metrics.

Why Join Us?

  • Work at the intersection of marketing, data, and finance, helping shape the future of Morningstar’s digital investor products.
  • Be a key driver of growth in a data-driven, insight-rich environment.
  • Access top-tier analytics tools and work with a team passionate about empowering investors.
  • Collaborate with cross-functional teams, from marketing strategists to data engineers.
  • Join a mission-driven company dedicated to transparency and investor education.

Morningstar’s hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We’ve found that we’re at our best when we’re purposely together on a regular basis, at least 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.

Morningstar’s Individual Investor business provides data, research, and tools to help investors make informed financial decisions. The marketing team plays a vital role in driving user acquisition and engagement. They are seeking a Senior Marketing Data Analyst to measure performance, optimize campaigns, and uncover growth opportunities. The role involves tracking KPIs, campaign optimization, forecasting, financial modeling, and collaborating with various teams. Qualifications include experience in data analytics, proficiency in SQL and Google Marketing Platform, and strong analytical skills. Joining Morningstar offers the opportunity to work at the intersection of marketing, data, and finance in a mission-driven company dedicated to transparency and investor education. Morningstar’s hybrid work environment allows for a mix of remote and in-person collaboration, with various benefits available to enhance flexibility.