Morningstar DBRS
About the Role
Morningstar DBRS U.S. RMBS team is seeking a ratings analyst with strong quantitative and analytical skills at the Vice President level. The role is based in New York, New York as part of the Global Structured Finance team. 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. Candidate should be willing to work in an environment with a strong focus on teamwork and have strong work ethics, an analytical and quantitatively oriented mindset, and attention to detail.
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.
Job Responsibilities
Act as a lead analyst on structured finance transactions and present analysis to rating committee.
Perform transaction analysis including 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.
Qualifications
Completion of bachelor’s degree in finance, math, economics, computer science, engineering, or related field.
5+ years of experience in structured finance.
Proficiency in Microsoft Excel and Microsoft Office programs.
Robust understanding of credit and legal aspects of structured finance transactions in the residential mortgage product area.
Strong quantitative and analytical skills, with 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 have
Master’s degree in finance, math, economics, computer science or related field.
VBA, Python, or other basic programming skills.
Compensation and Benefits
Financial Health – 75% 401(k) match up to 7%, 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 annually; 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 Bonding Leave, Adoption Assistance, Leadership Coaching & Formal Mentorship Opportunities, Annual Education Stipend, 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
$110,000.00 – 205,000.00 USD Annual
Incentive Target Percentage
30% Annual
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.
#J-18808-Ljbffr
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.
Job Responsibilities
Act as a lead analyst on structured finance transactions and present analysis to rating committee.
Perform transaction analysis including 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.
Qualifications
Completion of bachelor’s degree in finance, math, economics, computer science, engineering, or related field.
5+ years of experience in structured finance.
Proficiency in Microsoft Excel and Microsoft Office programs.
Robust understanding of credit and legal aspects of structured finance transactions in the residential mortgage product area.
Strong quantitative and analytical skills, with 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 have
Master’s degree in finance, math, economics, computer science or related field.
VBA, Python, or other basic programming skills.
Compensation and Benefits
Financial Health – 75% 401(k) match up to 7%, 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 annually; 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 Bonding Leave, Adoption Assistance, Leadership Coaching & Formal Mentorship Opportunities, Annual Education Stipend, 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
$110,000.00 – 205,000.00 USD Annual
Incentive Target Percentage
30% Annual
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.
#J-18808-Ljbffr