Assistant Vice President, Private Credit

Job description: Assistant Vice President – Private Credit

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.

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

Compensation and Benefits

At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide-range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:

• Financial Health 
  • 75% 401k match up to 7% 
  • Stock Ownership Potential
  • Company provided life insurance - 1x salary + commission

• Physical Health 
  • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
  • Additional medical Wellness Incentives - up to $300-$600 annual
  • Company-provided long- and short-term disability insurance

• Emotional Health 
  • Trust-Based Time Off
  • 6-week Paid Sabbatical Program 
  • 6-Week Paid Family Leave & Paternity Leave 
  • Adoption Assistance 
  • Leadership Coaching & Formal Mentorship Opportunities
  • Annual Education Stipend 
  • Tuition Reimbursement

• Social Health 
  • Charitable Matching Gifts program
  • Dollars for Doers volunteer program
  • Paid volunteering days
  • 15+ Employee Resource & Affinity Groups 

Bonus Target %

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.