Assistant Vice President (Structured Finance & Securitisation - RMBS, ABS, SME-CLO)

About the role:

• Serve as a lead or rating analyst in the maintenance of Morningstar DBRS ratings of European transactions across different asset classes, mainly RMBS, ABS and/or SME-CLOs;
• Review of legal documents related to European Structured Finance transactions (transaction prospectus, hedging documents, due diligence reports, etc.);
• Conduct portfolio credit analysis utilising Morningstar DBRS rating methodologies and analytical tools;
• Analysis of asset-liability cash flow structures using Morningstar DBRS built in cash flow engines and Intex;
• Study recent performance trends for transactions. The metrics to be evaluated include, among others: credit enhancement, delinquency, cumulative defaults, recoveries, prepayments, seasoning, excess spread and changes in collateral characteristics;
• Review and approve publication on https://dbrs.morningstar.com/ of performance analytics reports;
• Collaboration with other European Structured Finance teams/analysts, supporting analysts in assignment of new ratings to transactions of different asset classes;
• Working with arrangers and issuers on transaction amendments/restructurings and when supporting primary analysts;
• Drafting surveillance committee memos summarising the analysis and recommending a rating action;
• Writing & publishing press releases, commentaries and market research;
• Develop and maintain analytical tools and reports for internal and external use;
• Conduct market research and financial analysis for rating committees, investor meetings and conferences;
• Represent Morningstar DBRS in meetings with market participants and at industry events.

Qualifications:

Base Salary Compensation Range

Bonus Target:

We expect the compensation and target bonus for this role to fall within the stated range. The specific compensation offered will depend on the candidate’s qualifications, experience, and other job-related factors.

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.