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Vice President - US RMBS

Employer
Morningstar, Inc
Location
New York City, New York (US)
Salary
Commensurate with Experience
Closing date
Nov 25, 2021

View more

Job Function
Credit Analysis
Industry Sector
Credit Rating Agency/Bureau
Employment Type
Full Time
Education
Bachelors

Job Details

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

The successful candidate will primarily conduct all the activities required to assign new ratings for U.S. RMBS transactions, including collateral assessment, cash flow analysis, third-party due diligence, and legal document reviews. Candidate should be willing to work in an environment with a strong focus on teamwork and have strong work ethics, an analytical and quantitatively oriented mind-set, and attention to details.

The successful candidate will possess the interpersonal, presentation, and communication skills necessary to work with all levels of professionals, executives, and external contacts. The role offers wide opportunities to develop structured finance experience in a client facing environment.

Job Responsibilities

• Act as a lead analyst on structured finance transactions, and present analysis to rating committee.
• Perform transaction analysis including analysis of collateral, deal structure and legal issues.
• Focus on key credit issues during the new issue rating process.
• Test cash flows to confirm accuracy and robustness of cash flow models. Conduct scenario/sensitivity analysis and communicate analysis to senior staff and colleagues.
• Conduct analysis to evaluate the credit profile of securities and review related legal documents.
• Participate in criteria development and enhancement of structured finance models.
• Produce and publish industry commentaries and newsletters.
• Build and maintain relationships with bankers, investors and originators.

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 residential mortgage 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.
• Familiarity with structured products market and technical expertise in using fixed income analytical systems such as Intex (Dealmaker, Calc) and Bloomberg.

Nice to have

• Master’s degree in finance, math, economics, computer science or any other related field.
• VBA, Python, or other basic programming skills.

 

Company

Morningstar is an independent provider of the most reliable, unbiased investment information available. The company’s extensive line of Internet, software, and print services offers news, data, and analysis on stocks, mutual funds, closed-end funds, and variable annuities. Morningstar has a global presence in the investment industry with operations worldwide. The company tracks, analyzes and publishes information on nearly 100,000 investment securities. Every person who works at Morningstar contributes to our success. We want to attract talented, hardworking, enthusiastic people in order to create an environment that fosters an entrepreneurial spirit, allows employees to advance based on performance, and rewards them for helping Morningstar thrive.

Company info
Location
22 W Washington
Chicago
IL
60602
US

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