About the Group: DBRS Morningstar is a global credit ratings business with over 700 employees across eight offices worldwide. As the world’s fourth-largest credit ratings provider, we are committed to empowering investor success through cutting-edge technology, market responsiveness, and a diverse perspective. We are a recognized leader in Canada, the U.S., and Europe across multiple asset classes, rating over 2,600 issuers and 54,000 securities globally.
The Program: We created the Morningstar Summer Internship Program for college students entering their final year as a first step towards successful, long-term careers in any professional field. Participants will contribute to different aspects of Morningstar’s business through ten-week- individual and group projects, learning about the financial services and securities industries, and gaining critical business development skills. Our interns receive hands-on mentoring from their colleagues and the People & Culture team to help them succeed at Morningstar.
Job Responsibilities:
Gathering and analyzing financial data for credit ratings
Conducting market and industry research
Reviewing legal documents related to transactions
Assisting in the development of financial models and cash flow engines
Supporting the preparation of rating reports, press releases, and commentaries
Participating in internal meetings and discussions with external stakeholders
Learning and applying DBRS Morningstar’s rating methodologies
Qualifications
Pursuing a degree in Finance, Economics, Accounting, or a related field
Strong analytical and communication skills
Detail-oriented with the ability to manage multiple tasks
Proficiency in Microsoft Office (Excel, PowerPoint, Word), Excel VBA is a plus
Familiarity with R or Python is a plus
Interest in Structured Finance and credit markets
A resume is required to apply. Please include the word "Resume" in the file name of the resume you upload.
Location: Chicago
Compensation: $25 per hour
This role will be posted until August 14th for initial applicant review and re-opened in September.
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Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
Financial Health
100% 401k match up to 6% of salary
Stock Ownership Potential
Company provided life insurance - 1x salary + commission
Physical Health
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disability insurance
Emotional Health
Trust-Based Time Off
6-week Paid Sabbatical Program
6-Week Paid Family Caregiving Leave
Competitive 8-24 Week Paid Parental Leave
Adoption Assistance
Leadership Coaching & Formal Mentorship Opportunities
Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
Tuition Reimbursement
Social Health
Charitable Matching Gifts program
Dollars for Doers volunteer program
Paid volunteering days
15+ Employee Resource & Affinity Groups
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.
Morningstar Chicago, Illinois, USA Office
Morningstar Global Headquarters Office
22 West Washington Street, Chicago, IL, United States, 60602
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