About the Role
The Morningstar DBRS U.S. ABS team seeks a Vice President-level ratings analyst with strong quantitative and analytical skills to support the Commercial ABS platform. This role involves conducting analytical activities to assign and monitor ratings for U.S. ABS transactions, assessing collateral, analyzing performance data, and reviewing legal documents. The position offers exposure to structured transactions and evolving asset types in a collaborative, client-facing environment.
Responsibilities
- Act as a lead rating analyst with minimal supervision or support a deal team on ABS transactions and present analysis to rating committee.
- Discuss rating approaches and analytical considerations with bankers, issuers and investors.
- Analyze historical performance data and collateral characteristics.
- Prepare and present new transactions to senior members of the ABS team to determine feasibility and methodology application.
- Review legal documents and address pertinent legal points with issuers and legal counsel.
- Work with cash flow modeling team to run appropriate stress scenarios for rating analysis.
- Prepare materials to be reviewed at rating committee.
- Present analytical conclusions and recommendation to rating committee members.
- Prepare disclosure documents such as pre-sale reports, rating reports, press releases and regulatory disclosures.
- Work with the ABS Surveillance team to monitor existing ratings.
- Write research and participate in webinars and issuer, banker and investor meetings.
- Coordinate with other teams to support credit rating analysis, research and administration.
- Adhere to procedures and regulatory compliance.
- Mentor junior analysts.
Requirements
- Completion of bachelor’s degree in finance, math, economics, computer science, engineering, or any other related field.
- 7+ years of experience in structured finance.
- Proficiency in Microsoft Excel and Microsoft Office programs.
- Robust understanding of credit & legal aspects of structured finance transactions in the asset backed product area.
- Strong quantitative and analytical skills, with a high attention to detail.
- Excellent written and verbal communication and interpersonal skills.
- Self-starter and team player with demonstrated ability to work in a fast-paced environment.
- Personable, eager to learn, organized, deadline driven, and systems oriented.
Skills
- Quantitative analysis
- Analytical skills
- Attention to detail
- Interpersonal skills
- Presentation skills
- Communication skills
- Microsoft Excel
- Microsoft Office programs
- Credit analysis
- Legal aspects of structured finance
- Asset-backed securitization
- Teamwork
- Organization
- Deadline driven
Location
- New York, New York
Work Type
- Hybrid
Experience Level
- Vice President level
- 7+ years of experience
Education Level
- Bachelor’s degree in finance, math, economics, computer science, engineering, or any other related field.
- Master’s degree in finance, math, economics, computer science or any other related field (Nice to have)
Salary/Compensations
- $113,308.00-178,794.66
- 30% Annual Incentive Target Percentage
Benefits
- 100% 401k match up to 6% of salary
- Stock Ownership Potential
- Company provided life insurance - 1x salary + commission
- Comprehensive health benefits (medical/dental/vision)
- Potential health benefit premium discounts
- 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
- 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
- Charitable Matching Gifts program
- Dollars for Doers volunteer program
- Paid volunteering days
- 15+ Employee Resource & Affinity Groups
About the Company
- 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.
Equal Opportunity
- 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.
