Vice President, US Structured Credit

Employer
DBRS Morningstar
Location
New York City, New York (US)
Salary
Commensurate with Experience
Posted
Jan 25, 2022
Closes
Feb 24, 2022
Ref
REQ-023335
Job Function
Credit Analysis
Industry Sector
Credit Rating Agency/Bureau
Certifications
CFA Charterholder
Employment Type
Full Time
Education
Masters

About the Role

New Analyst Assistant Vice President/Vice President to support U.S. Structured Credit CLO Group.

U.S. Structured Credit (US SC) is an rating analytics team that assigns ratings, monitors ratings, develops research and maintains rating methodologies for US collateralized loan obligations (CLOs), other corporate securitizations and bespoke rating opportunities.

The individual will be primarily responsible for the analysis of the quantitative, structural, legal, and credit aspects of CLOs and other structured credit transactions, publishable research, and special projects intended to enhance DBRS Morningstar’s analytics and research.

The candidate will be expected to lead rating committees and analyze the potential credit impact of the terms of the transaction documents. At times, the individual will work closely with lawyers and other supporting staff in rating transactions.

Job Responsibilities

  • Act a lead rating analyst for cash flow CLOs and other structured credit transactions.
  • Model cash flows and analyze transaction documents for the purpose of determining credit risk and ratings
  • Communicate with clients, including arrangers, issuers, investors, and outside legal expert
  • Write publishable research, including transaction-related reports, articles and in-depth reports on credit issues affecting the industry

Qualifications

  • Master s degree in Finance, Economics, Statistics, Applied Mathematics, Financial Engineering or related quantitative field with at least 5 years in the offered occupation of Financial Analyst or related occupation involving credit analysis for structured credit transactions.
  • Knowledge of CLO transactions is a must.
  • Candidates with a undergraduate degree but with strong CLO work experiences will also be considered.
  • Excellent verbal and written communication and presentation skills essential
  • Strong modeling skills and ability to perform cash flow analysis with MS Excel or other structured finance analytical tools
  • Strong analytical orientation
  • Working knowledge of legal matters involving structuring and operation of structured transactions
  • Sound judgment and highest ethical standards
  • Capable of developing independent opinions and defending own views
  • Professional, pro-active, flexible, diligent and dependable
  • Ability to adapt to changing market conditions and business environment
  • Highly organized and efficient, with ability to multi-task and meet tight deadlines
  • Ability to work on own initiative, without the need for close supervision
  • Rating agency related experience is a plus

Nice to have

  • Chartered Financial Analyst (CFA)

About Us

DBRS Morningstar is a global credit ratings business, currently with 700 employees in eight offices globally. Formed through the July 2019 acquisition of DBRS by Morningstar, Inc., the ratings business is the fourth-largest provider of credit ratings in the world.

DBRS Morningstar is committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry. DBRS Morningstar is a market leader in Canada, the U.S. and Europe in multiple asset classes.

DBRS Morningstar rates more than 2,600 issuers and 54,000 securities worldwide and is driven to bringing more clarity, diversity of opinion, and responsiveness to the ratings process. DBRS Morningstar’s approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources.

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