Assistant Vice President, Sovereign Ratings (Sovereign Credit Analyst)

About the role

Morningstar DBRS's Global Sovereign Ratings Group is seeking an experienced sovereign credit analyst to join our team as an Assistant Vice President, based in Frankfurt or Madrid. You will work within a collaborative international team that assesses the creditworthiness of sovereign governments, supranational institutions, and government-related entities. The role involves conducting credit analysis, producing rating reports and research, and engaging with issuers, government officials, and other market participants. We are looking for a motivated and intellectually curious professional with a strong interest in economics, public policy, politics, and financial markets, and the ability to identify and assess emerging credit risks.

Responsibilities

• Assigning, reviewing, and monitoring credit ratings, including formulating rating opinions and producing topical research.
• Participating in the development of rating methodologies.
• Developing and maintaining analytical tools and reports for internal and external use.
• Monitoring institutional, political, geopolitical, and economic developments that impact public sector issuers.
• Meeting with issuers, investors, and other market participants to discuss Morningstar DBRS ratings and research.

Qualifications

• Degree in Accounting, Business, Economics, Political Science, or a related field.
• Minimum 5+ years' experience in sovereign, supranational, or other public sector credit analysis.
• Excellent attention to detail and written communication skills.
• Fluent in English, both written and spoken.
• Additional language skills, particularly Spanish, Italian, or French, are a plus.

Base Salary Compensation Range EUR 69, ,466.66 Bonus Target: 20% Annual We expect the compensation and target bonus for this role to fall within the stated range. The specific compensation offered will depend on the candidate’s qualifications, experience, and other job-related factors.

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office 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.

Company overview

R09_DBRSRtgsGmbHGermany DBRS Ratings GmbH - Germany Legal Entity

Morningstar DBRS is a leading provider of independent credit rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally. We are one of the top four credit rating agencies in the world and a market leader in Canada, the U.S., and Europe in multiple asset classes.

Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.