Analyst, Canadian Financial Institutions Ratings (Credit Ratings)

Location: Toronto, Canada; hybrid work with four days in-office each week in most locations

Base salary: CAD 52,000–67,000 annually; target bonus: 10%

Company

hirify.global DBRS provides independent credit rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally.

What you will do

• Analyze financial statements, regulatory filings, and operating performance to support credit rating assessments.
• Assist lead analysts with monitoring ratings and evaluating financial, strategic, regulatory, and market developments.
• Prepare materials for rating committees and contribute to rating recommendations and decisions.
• Draft rating reports, press releases, and research commentaries for market participants.
• Monitor industry trends and emerging risks across banks, insurers, pension funds, investment managers, and non-bank financial institutions.
• Maintain financial models, internal databases, and rating documentation while contributing to sector research projects.

Requirements

• Bachelor’s degree in finance, accounting, economics, statistics, mathematics, or a related discipline.
• Strong analytical and quantitative skills, including financial statement analysis and identification of credit performance drivers.
• Demonstrated interest in financial institutions, capital markets, credit analysis, or investment research.
• Strong written and verbal communication skills, with the ability to explain complex information clearly.
• Ability to manage multiple priorities, work independently, and collaborate effectively.
• Proficiency in Microsoft Excel and other Microsoft Office applications.

Nice to have

• Progress toward or interest in pursuing a CFA designation or graduate degree.
• Knowledge of programming, data analysis, or automation tools.
• Interest in AI-enabled tools and their application to research, analysis, and workflow efficiency.

Culture & Benefits

• Hybrid work environment with regular in-person collaboration.
• Tools and resources for collaboration with global colleagues.
• Opportunities to work alongside experienced analysts and build expertise in credit analysis.
• Exposure to a broad range of issuers and rating decisions that inform investors.
• Additional benefits are available to support flexibility.