About the role

The Sports Finance team of DBRS Morningstar is seeking a highly motivated individual with around 5-7 years of relevant experience in corporate credit analysis, research, or investment banking and a strong interest in sports and corporate finance to join the Corporate Rating Team in Europe as an Assistant Vice President.

Working closely with other analysts in the sports finance sector, the successful candidate will be responsible for maintaining market-leading coverage of the sector. The role involves assessing the creditworthiness of an existing portfolio of sports franchise and stadium ratings, working on new mandates, contributing to methodology enhancements, producing insightful sector research and interacting with market participants. The analyst will also be expected to help with the coverage of other European Asset Finance credits and sectors as needed.

This position reports to the Managing Director, European Corporate Ratings.

Job responsibilities

• Perform company and industry research, financial statement analysis, prepare forecasts and assess management strategy to inform rating recommendations.
• Prepare rating committee materials and lead rating committee presentations.
• Produce timely, high-quality rating reports, press releases and commentaries on rated entities and industry sector trends.
• Review legal documentation related to credit analysis and in particular complex legal documents relating to project finance-like stadium financings.
• Contribute to the development and refinement of existing rating methodologies.
• Develop relationships with issuers, investors, intermediaries, and other stakeholders.
• Adhere to rigorous regulatory requirements, including detailed record-keeping, training, and compliance with DBRS Morningstar policies and procedures.

Qualifications

• Minimum of 5 years of relevant experience in credit, finance, banking and/or consulting with experience in the above noted sectors a significant positive.

• Knowledge and keen interest in global sports leagues, franchises, and stadium finance, including European football, and the NFL, NBA, MLB, NHL, MLS in North America.
• Solid knowledge of IFRS accounting.
• Strong research and analytical skills, with great attention to detail.
• Effective communication skills in English and preferably in Spanish, French and/or Italian (both oral and written).
• Strong inter-personal skills.
• Self-starter and strong team player, with the ability to meet deadlines while maintaining attention to detail and producing high quality work.
• Bachelor’s and/or Master’s degree in commerce, business, economics, or other relevant discipline.
• Completion of CFA program is preferred.
• Advanced knowledge of Microsoft Excel, Word and Power Point

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 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.