Vice President, Asset Backed Securities - Commercial, Esoteric & New Assets

About The Role

The Morningstar DBRS U.S. ABS team is seeking a ratings analyst with strong quantitative and analytical skills at the Vice President level to support the Commercial ABS platform. The role is based in New York, New York as part of the Global Structured Finance team.

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.
• Analyzing historical performance data and collateral characteristics and/or working with junior analysts performing such analysis.
• 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.
• Coverage of structured finance experience in the asset backed product area.
• Adhere to procedures and regulatory compliance.

Qualifications

• 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.

Nice to Have

• Master’s degree in finance, math, economics, computer science or any other related field.

About Us

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.

Compensation And Benefits

• Financial Health: 100% 401k match up to 6% of salary.
• Stock Ownership Potential.
• Company provided life insurance - 1x salary + commission.
• 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.
• Literacy Health: 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.