Assistant Vice President - US Structured Credit, Funds - Surveillance

Assistant Vice President (AVP) - Surveillance Analyst

The U.S. Structured Credit (US SC) team is looking for an Assistant Vice President (AVP) to support its growing portfolio of credit ratings as a surveillance analyst.

US SC is a credit rating analytics team that assigns credit ratings, monitors credit ratings, develops research and maintains credit rating methodologies for investment fund debt, collateralized loan obligations (CLOs), other corporate securitizations and bespoke credit rating opportunities.

Job Responsibilities

• Lead analyst responsible for monitoring transaction performance and surveilling existing credit ratings.
• Complete credit ratings administration for surveillance including record retention, credit rating committee coordination and publishing liaison.
• Conduct portfolio analysis using Morningstar DBRS developed predictive models and credit rating methodologies.
• Prepare and present detailed discussion and committee memos for US SC credit rating committees.
• Draft credit rating letters, press releases, and other relevant disclosures.
• Assist with data analysis applying MDBRS rating methodologies and analytical tools.
• Assess legal, regulatory, counterparty and other risks related to US SC credit ratings.
• Train and mentor junior analysts to support credit ratings administration including record retention, credit rating committee coordination and publishing.
• Respond to client and colleague inquiries regarding methodologies, analysis and research.
• Coordinate with other MDBRS teams to support credit rating surveillance, analysis, administration and research.

Qualifications

Nice to Have

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 :

75% 401k match up to 7%

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

Trust-Based Time Off

Charitable Matching Gifts program

Base Salary Compensation Range $95,000.00 - 154,000.00 USD Annual

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 work remotely and collaborate in-person each week. While some positions are available as fully remote, we've found that we're at our best when we're purposely together on a regular basis, typically three days 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.