U.S. RMBS Credit Ratings, Vice President – New York
About The Position
Morningstar DBRS is seeking a ratings analyst with strong quantitative and analytical skills to join the Global Structured Finance group on the U.S. RMBS Credit Ratings team as a Vice President in New York. 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. The candidate should be willing to work in an environment with a strong focus on teamwork, have strong work ethic, have an analytical and quantitatively oriented mind-set, and pay 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.
Requirements
- Completion of bachelor’s degree in finance, math, economics, computer science, engineering, or any other related field.
- 5+ 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 Haves
- Master’s degree in finance, math, economics, computer science or any other related field.
- VBA, Python, or other basic programming skills.
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.
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) 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
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
