About The Role
The Morningstar DBRS U.S. Asset-Backed Securities (ABS) team is seeking a highly motivated Senior Analyst, or Assistant Vice President to support rating activities across the ABS platform. Based in New York and working as part of the Global Structured Finance team, this role will contribute to the analytical, operational, and regulatory activities required to assign and monitor ratings, develop rating methodologies, and publish market research.
Working closely with lead analysts and sector leadership, the successful candidate will support the analysis of new-issue transactions while contributing to a broad range of activities that underpin the rating process, including data analysis, methodology development, rating committee preparation, disclosure reporting, research, and process improvement initiatives.
This position offers exposure to a variety of structured finance asset classes and an opportunity to develop expertise in credit analysis, securitization structures, rating methodologies, and industry research within a collaborative and fast-paced environment.
Candidates should be comfortable working in a team-oriented environment and possess a strong work ethic, analytical mindset, and attention to detail. The successful candidate will demonstrate excellent written and verbal communication skills and the ability to work effectively with professionals at all levels, including external market participants.
Job Responsibilities
- Analyze data to identify trends, risks, and key rating considerations to support rating analysis, methodology development, and research publications.
- Prepare and support the development of rating committee materials, including quantitative analysis, written summaries, and presentation content and the preparation of public disclosure documents including rating reports, press releases, and regulatory disclosures
- Support transaction analysis through data review, performance assessment, and other analytical activities required throughout the rating process.
- Monitor industry developments, summarize market research and presentations, and share key insights with the broader ABS team.
- Contribute to methodology development, research initiatives, and analytical projects across the ABS platform.
- Support adherence to internal procedures, regulatory requirements, and rating process controls.
- Identify opportunities to improve efficiency through process enhancements, automation initiatives, and data-driven solutions.
- Coordinate with colleagues across analytical, operations, compliance, and technology functions to support rating, research, and reporting activities.
Qualifications
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, or a related discipline.
- Relevant experience in structured finance, credit analysis, capital markets, financial services, research, data analytics, or a related field. Level and responsibilities will be commensurate with experience.
- Advanced proficiency in Microsoft Excel and strong working knowledge of Microsoft Word and PowerPoint.
- Strong analytical, quantitative, and problem-solving skills.
- Ability to interpret and analyze large datasets and communicate findings effectively.
- Strong organizational skills with the ability to manage multiple priorities and deadlines.
- Excellent verbal and written communication skills.
- Detail-oriented with a commitment to producing high-quality work.
- Collaborative mindset and ability to work effectively in a team environment.
Nice to Have
- Experience working with databases, SQL, Python, R, VBA, or other analytical tools.
- Knowledge of structured finance, securitization, fixed income markets, or credit analysis.
- Experience with statistical analysis, regression techniques, data mining, or predictive modeling.
- Familiarity with financial modeling and performance data analysis.
- Progress toward or completion of professional designations such as CFA, FRM, or similar credentials.
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
At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
- Financial Health
- 100% 401k match up to 6% of salary
- Stock Ownership Potential
- Company provided life insurance - 1x salary + commission
- Physical Health
- 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
- 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
Base Salary Compensation Range
$97,854.00-137,910.00
Incentive Target Percentage
20% Annual
If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.
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