Analyst, US ABS Surveillance at Morningstar | New York, NY | Rezi

Analyst, US ABS Surveillance at Morningstar

Analyst, US ABS Surveillance

Morningstar · New York, NY

1 weeks ago

Analyst, US ABS Surveillance

Morningstar · New York, NY

9 days ago
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About the Role

Morningstar DBRS is seeking analytical thinkers and problem solvers to focus on extant asset-backed securities (ABS) transactions. This role offers opportunities to learn about over 40 ABS market segments and gain expertise in computational and automation processes. The team maintains ratings and takes rating actions on ABS securitized assets. The analyst will become an expert in surveilling a diverse portfolio of ABS sectors, performing deep dives, and formulating memos with rating rationale.

Responsibilities

  • Develop a strong understanding of structured finance principles, credit analysis, and ABS market fundamentals through formal training and hands-on transaction surveillance.
  • Complete the team's credit training program and assume responsibility for monitoring an assigned portfolio of ABS transactions.
  • Analyze collateral performance and transaction data to identify trends, assess credit risk, and support rating recommendations.
  • Prepare analytical materials and contribute to rating committees by presenting findings and supporting rating decisions.
  • Assist in the development of sector-specific research and market commentary to support industry insights and surveillance activities.
  • Build and maintain databases, perform data validation, analyze large datasets, and support enhancements to automation tools and analytical processes.

Requirements

  • Bachelor's degree in Finance, Mathematics, Engineering, Economics, or a related quantitative discipline.
  • Strong quantitative, analytical, and writing skills.
  • Strong verbal and written communication skills with the ability to present complex concepts clearly.
  • Intellectual curiosity and a desire to learn structured finance and credit analysis.
  • Ability to work independently while collaborating effectively within a team environment.
  • Strong attention to detail and the ability to manage multiple priorities.

Skills

  • Structured finance
  • Credit analysis
  • ABS market fundamentals
  • Data analysis
  • Database management
  • Data validation
  • Automation tools
  • Analytical processes
  • Python
  • SQL
  • R

Location

  • Remote
  • Hybrid

Work Type

  • Hybrid

Experience Level

  • Prior internship or professional experience in structured finance, credit analysis, financial services, data analytics, or a related field.
  • Experience analyzing large datasets and drawing well-supported conclusions.

Education Level

  • Bachelor's degree in Finance, Mathematics, Engineering, Economics, or a related quantitative discipline.

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 registered with the U.S. Securities and Exchange Commission as a nationally recognized statistical rating organization (NRSRO).
  • This Morningstar, Inc. subsidiary has earned a reputation for innovation and excellence in the structured finance market.
  • The company aims to increase market transparency by providing the highest-quality ratings, securities research, monitoring services, operational risk assessments, data, and technology solutions.