Intern, Credit Ratings, European Corporate

About the role

Morningstar DBRS’s European Corporate-Asset Finance team is looking for an enthusiastic intern to join us in Madrid. If you’re curious about credit analysis and want hands-on experience in infrastructure and project finance, this is a great opportunity to learn from the best.

As part of the team, you’ll work alongside lead analysts and contribute to our coverage of infrastructure, project finance, and sports finance. Your day-to-day will include supporting analysts as they monitor credit ratings for existing portfolios and diving into industry research to keep our insights sharp and up to date.

You’ll report directly to our Senior Vice President and Sector Lead, giving you valuable exposure to senior leadership while building real skills in financial analysis.

Responsibilities

• Perform company and industry research, financial statement analysis, prepare forecasts and assess management strategy to inform rating recommendations.
• Assist in the preparation of rating committee materials and contribute to rating committee presentations.
• Assist in producing 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, debt issuance related documents to understand terms and conditions, priority of payments, etc.
• Adhere to rigorous regulatory requirements, including detailed record-keeping, training, and compliance with Morningstar DBRS policies and procedures.

Qualifications

• Bachelor’s and/or Master’s degree in finance, business, economics, engineering or other relevant disciplines
• Solid knowledge of accounting standards
• Analytical thinking, attention to detail, and proficiency in research
• Proactive team player with the ability to meet deadlines while delivering quality work
• Effective communication skills, both written and verbal

Nice to have

• Previous work experience in credit, finance, banking and/or consulting
• Proficiency in 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 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.

R10_DBRSRtgsGmbHSpain DBRS Ratings GmbH Sucursal en España - Spain Legal Entity