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Analyst, Credit Ratings, European FIG

Morningstar


Job Location:

Madrid - Spain

Monthly Salary: € 35000 - 51000
Posted: 11 June 2026 (30+ days ago)
Application Deadline: 8 September 2026
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

About the role

Morningstar DBRS is seeking a full-time Analyst to join its Financial Institutions Group in Madrid or Frankfurt. Reporting to the Senior Vice President Sector Lead the successful candidate will support lead analysts in assigning and monitoring ratings for European banks insurance companies investment management companies and non-bank financial institutions.

In addition the Analyst will participate in various ongoing projects and contribute to commentaries within the European FIG team. Key responsibilities include performing financial statement analysis creating and maintaining industry databases and supporting lead analysts in preparing press releases rating reports and commentaries. The Analyst will also acquire a broad understanding of sector-specific rating methodologies and criteria.

Responsibilities

  • Assist Lead analysts in preparing analytical materials for credit rating committees and for the monitoring of existing credit ratings as well as contributing to issuer and sector research.
  • Participate as an observer in rating committees draft rating committee minutes and update internal. databases to reflect committee decisions.
  • Perform financial statement analysis.
  • Adhere to regulatory and company procedures.
  • Acquire a solid understanding of covered sectors and of relevant rating methodologies.

This position may require occasional European travel.

Qualifications

  • Degree in economics finance statistics accounting or related field. CFA designation or enrollment in the CFA program is preferred.
  • Numeracy and proficiency in Microsoft Excel graphic creation and database management are essential.
  • Some professional or academic experience in credit analysis of financial institutions is preferred.
  • Detail-oriented research abilities.
  • Ability to manage multiple projects work closely with others as well as independently and produce detailed work in a dynamic environment.
  • Excellent communication skills in English. Fluency in Spanish German and/or another European language is a plus.

Base Salary Compensation Range
EUR 35000.00-51000.00

Bonus Target:

10% 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 candidates qualifications experience and other job-related factors.

Morningstars hybrid work environment gives you the opportunity to collaborate in-person each week as weve found that were at our best when were purposely together on a regular 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 youll have tools and resources to engage meaningfully with your global colleagues.

R10DBRSRtgsGmbHSpain DBRS Ratings GmbH Sucursal en España - Spain Legal Entity

Required Experience:

IC


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Morningstar is an investment research company offering mutual fund, ETF, and stock analysis, ratings, and data, and portfolio tools. Discover actionable insights today.

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