Vice President, US ABS Surveillance

Morningstar DBRS is registered with the U.S. Securities and Exchange Commission as a nationally recognized statistical rating organization (NRSRO). This Morningstar, Inc. subsidiary has earned a reputation for innovation and excellence in the structured finance market and aims to increase market transparency by providing the highest-quality ratings, securities research, monitoring services, operational risk assessments, data, and technology solutions. 
 
We are looking for problem solvers, analytical thinkers, and solution initiators to focus on extant asset-backed securities (ABS) transactions. This role will provide unique opportunities to learn and exposure to more than 40 segments of the ABS market as well as gaining expertise in computational and automation based processes. You will be part of a team responsible for maintaining the ratings  and taking rating actions on ABS securitized assets such as auto loans, equipment leases, aircraft leases, marine containers, and many others. 
 

Based in New York. 

Job Responsibilities 

• Analyze the credit risk in ABS by performing tasks that include collateral/loss analysis, modeling transactions and reviewing associated legal documentation. 

• The candidate would be responsible for management of assigned portfolio of credits to surveil. 

• Prepare materials to be reviewed at rating committee. 

• Present analytical conclusions and recommendation to rating committee members. 

• Work with cash flow modeling team (when applicable) to run appropriate stress scenarios for rating analysis. 

• Assist in mentoring and training junior analysts. 

• The position will be central to the team's ability to manage increasing rating responsibilities while continuing to “get the rating right.” 

• Assist in the development and publication of topical research. 
• Coordinate with other teams to support credit rating analysis, research and administration. 

• Interact with other team members to learn the department techniques and automation. 
• Utilize original thinking to extend in-place automation. 
• Assist the team in building various databases and analytical tools. 

Qualifications 

• Completed a bachelor’s degree in a subject such as finance, mathematics, accounting, economics or similar quantitative discipline. 

• 7+ years of experience in Structured Finance (preferably ABS background). 
• Excellent quantitative and writing skills. 

• Strong communication skills. 
• Curiosity and the capability to turn intuition into usable tools to advance departmental efficiency. 

Nice to have

• Knowledge of a programming language other than VBA. 
• Ability to balance multiple tasks and projects simultaneously. 
• Ability to analyze large data sets and deliver largely error-free conclusions. 

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